Gov. Malloy talks state's economic growth

Gov. Dannel P. Malloy on Monday spoke about the state's business successes in the past year. The governor's remarks at a news conference in Glastonbury

The governor's remarks came amid concern that General Electric may move its corporate headquarters out of Fairfield.

The governor's remarks came amid concern that General Electric may move its corporate headquarters out of Fairfield. (1/11/16)

NORWALK - Gov. Dannel P. Malloy on Monday spoke about the state's business successes in the past year.

The governor's remarks at a news conference in Glastonbury came amid concern that General Electric may move its corporate headquarters out of Fairfield.

Malloy downplayed any concerns about GE and instead focused on the ways he says that Connecticut is now competitive with other states.

According to Malloy, private-sector jobs have fully recovered from where they were before the recession hit and the state's unemployment steadily dropped, too. He said the state added thousands of new jobs in the past year, and wages hit their highest in history.

Malloy also said that Connecticut has convinced 20 companies to set up shop from other states. Reporters asked the governor if those successes would be wiped out if GE moves away, but Malloy said no.

GE is expected to announce its plans this month, and reports say that Boston and New York are the top contenders.

advertisement | advertise on News 12

Trending Video

Authorities say Aylin Sofia Hernandez has been found 1 Missing Bridgeport girl found safe, suspect captured
2 12 on Health: Foods that help fight diseases
Police say the Amber Alert issued in several 3 Bridgeport police tout effectiveness of Amber Alert
The crash happened in the highway's northbound lanes 4 Driver hospitalized after rollover crash on I-95
Weather Kids: Toquam Magnet School 5 Weather Kids: Toquam Magnet School

advertisement | advertise on News 12

More News

A Boston TV station is reporting that General Report: GE deciding between NY and Boston

A Boston TV station is reporting that General Electric is considering Boston or New York.

General Electric threatened to leave Connecticut due to Reports: Georgia, Florida vying for GE headquarters

Reports indicate that Georgia and Florida may be trying to lure General Electric's corporate headquarters

G-E, Aetna and the Travelers all slammed a Major corporations fear state tax hike

State lawmakers were stunned Monday after both Fairfield-based companies General Electric and Aetna threatened to

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE