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Connecticut Economy

The United States has become a service economy and many states, Connecticut included, generate most of their revenue through service industries. Service industries make up the bulk of Connecticut's economy. Manufacturing is also important..

Agriculture

In terms of revenue generated, Connecticuts top five agricultural products are greenhouse and nursery products (ornamental shrubs, flowers, young plants), dairy products, chicken eggs, aquaculture, and sweet corn.

Livestock

Connecticut's most valuable livestock products are dairy products (milk) and chicken eggs.

Aquaculture (hard clams and oysters), cattle and calves, and hogs are other state livestock products.

Crops

Greenhouse and nursery products (ornamental shrubs, flowers, young plants) are Connecticut's leading source of agricultural income.

Tobacco and hay are the state's largest crops.

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Manufacturing

Manufacturers add value to raw products by creating manufactured items. For example, cotton cloth becomes more valuable than a boll of cotton through manufacturing processes.

Production of transportation equipment, most of it for military use (aircraft parts, helicopters, submarines), is Connecticut's most important manufacturing activity.

Ranking second is the manufacture of machinery (bearings, computers, machine tools, printing machinery) followed by fabricated metal products (cutlery, hardware, nuts, bolts, rivets, washers, etc).

Mining

Crushed stone is Connecticut's leading mined product followed by sand and gravel.

Services

Finance, insurance and real estate are the largest industries in Connecticut. Hartford is an insurance center.

Second are the community, business and personal service industries (as private health care, engineering and law firms, and computer and data processing services, tourism).

Wholesale sale of fuels, lumber and farm products and retail (automobile dealerships, department stores, food stores, and restaurants) rank third.

Sources

John L. Allen and Richard Buel, Jr., "Connecticut," World Book Online Americas Edition, http://www.worldbookonline.com/wbol/wbPage/na/ar/co/130020, August 14, 2001.

U.S. Department of Agriculture: National Agricultural Statistics Service, "Connecticut State Agriculture Overview, 2004", 3 January 2006, <http://www.nass.usda.gov/Statistics_by_State/Ag_Overview/AgOverview_CT.pdf> (12 January 2006)

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