Report: CT manufacturers profiting, but healthcare costs, tariffs are concerns

CTNewsJunkie – Monday, October 6, 2025
By Julie Martin Banks

While 70 percent of surveyed Connecticut manufacturers were profitable in 2024, nearly all saw the cost of business go up due to a variety of factors. Nearly two in three businesses though (66%) reported that the Trump administration’s tariff policies are negatively impacting them, according to a recent report issued by the state’s largest business organization.

The Connecticut Business and Industry Association (CBIA) issued the report last week along with affiliates CONNSTEP, a business management consultant for manufacturers, and ReadyCT, which provides workforce development for students.

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