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===Industries=== {{See also|List of Connecticut companies}} Finance, insurance and real estate was Connecticut's largest industry in 2018 as ranked by gross domestic product, generating $75.7 billion in GDP that year.<ref name="auto1">{{cite web |url=https://www1.ctdol.state.ct.us/lmi/digest/articles/January2020CTDigest.asp |title=2020 Economic Outlook: Slowing Growth Globally, Technology Changes Abound |website=Connecticut Economic Digest |publisher=Connecticut Department of Labor and Connecticut Department of Economic and Community Development |date=January 2020 |access-date=April 18, 2020 |archive-date=January 26, 2020 |archive-url=https://web.archive.org/web/20200126110641/http://www1.ctdol.state.ct.us/lmi/digest/articles/January2020CTDigest.asp |url-status=live }}</ref> Major employers include [[The Hartford]], [[The Travelers Companies|Travelers]], [[Harman International]], [[Cigna]], the [[Aetna]] subsidiary of CVS Health, [[Massachusetts Mutual Life Insurance Company|Mass Mutual]], [[People's United Bank|People's United Financial]], [[Bank of America]], [[Realogy]],<ref>{{cite web |url=http://www1.ctdol.state.ct.us/lmi/EmpSearchTopList.asp?intSort=6 |title=Search Results for the 100 largest employers in Connecticut |website=Labor Market Information |publisher=Connecticut Department of Labor |date=March 17, 2015 |access-date=October 25, 2015 |archive-date=May 18, 2014 |archive-url=https://web.archive.org/web/20140518181449/http://www1.ctdol.state.ct.us/lmi/EmpSearchTopList.asp?intSort=6 |url-status=live }}</ref> [[Bridgewater Associates]],<ref>{{cite news|url=http://www.einnews.com/pr_news/204391481/bridgewater-associates-is-the-world-s-largest-hedge-fund-firm-for-fourth-straight-year-says-institutional-investor-s-alpha |title=Bridgewater Associates is the world's largest hedge fund firm for the fourth straight year says Institutional Investor's Alpha |work=EIN News |date=May 16, 2014 |access-date=May 28, 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140517114711/http://www.einnews.com/pr_news/204391481/bridgewater-associates-is-the-world-s-largest-hedge-fund-firm-for-fourth-straight-year-says-institutional-investor-s-alpha |archive-date=May 17, 2014 }}</ref> [[GE Capital]],<ref>{{cite news |url=https://www.thehour.com/business/article/GE-Capital-forecasts-two-more-years-to-13688130.php |title=General Electric: 2019 a 'reset' year |work=Hearst Connecticut Media |date=March 14, 2019 |access-date=April 18, 2020 |archive-date=July 28, 2020 |archive-url=https://web.archive.org/web/20200728190125/https://www.thehour.com/business/article/GE-Capital-forecasts-two-more-years-to-13688130.php |url-status=live }}</ref> William Raveis Real Estate,<ref name="Connecticut Department of Labor">{{cite web|url=http://www1.ctdol.state.ct.us/lmi/EmpSearchMain_keywordList.asp |title=Employer List—Search Results: Raveis |website=Labor Market Information |publisher=Connecticut Department of Labor |date=March 17, 2015 |access-date=October 25, 2015 |url-status=dead |archive-url=https://web.archive.org/web/20090905172918/http://www1.ctdol.state.ct.us/lmi/EmpSearchMain_keywordList.asp |archive-date=September 5, 2009 }}</ref> and [[Berkshire Hathaway]] through reinsurance and residential real estate subsidiaries. The combined educational, health and social services sector was the largest single industry as ranked by employment, with a combined workforce of 342,600 people at the end of 2019,<ref>{{cite web |url=https://www1.ctdol.state.ct.us/lmi/SecEmp.asp |title=Industry Sectors Employment (CES)—State of Connecticut |website=Labor Market Information |publisher=Connecticut Department of Labor |date=April 16, 2020 |access-date=April 18, 2020 |archive-date=April 25, 2020 |archive-url=https://web.archive.org/web/20200425190021/http://www1.ctdol.state.ct.us/lmi/secEmp.asp |url-status=live }}</ref> ranking fourth the year before in GDP at $28.3 billion. The broad business and professional services sector had the second highest GDP total in Connecticut in 2018 at an estimated $33.7 billion.<ref name="auto1"/> Manufacturing was the third biggest industry in 2018 with GDP of $30.8 billion,<ref name="auto1"/> dominated by [[Raytheon Technologies]] formed in the March 2020 merger of Hartford-based [[United Technologies]] and Waltham, Mass.-based Raytheon Co. As of the merger, Raytheon Technologies employed about 19,000 people in Connecticut through subsidiaries [[Pratt & Whitney]] and [[Collins Aerospace]].<ref>{{cite news |first1=Steven |last1=Singer |url=https://www.courant.com/business/hc-biz-utc-no-more-20200330-2olq723grvaslouj5nytqrzuoi-story.htmle |title=UTC no more: Merger with Raytheon set for Friday, ending 45-year-old conglomerate headquartered in Connecticut |work=Hartford Courant |date=March 30, 2020 |access-date=April 18, 2020 }} {{Dead link|date=April 2021 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> [[Lockheed Martin]] subsidiary [[Sikorsky Aircraft]] operates Connecticut's single largest manufacturing plant in [[Stratford, Connecticut|Stratford]],<ref name="Connecticut Department of Labor"/> where it makes helicopters. Major audio equipment manufacturing company [[Harman International]] is headquartered in Stamford, Connecticut.<ref>{{Cite news |orig-date=2025-11-15 |title=Samsung to Acquire Harman for US$8Bil Cash |url=https://www.thestar.com.my/business/business-news/2016/11/15/samsung-to-acquire-harman-for-us8bil-cash |archive-url=https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20161115/page/9/textview |archive-date=2025-04-28 |access-date=2025-04-28 |work=Starbiz |pages=9 |publication-place=Seoul}}</ref> It owns many brands like [[JBL]], [[AKG (company)|Akg]] and [[Harman kardon]].<ref>{{cite web | url=https://fortune.com/fortune500/2017/harman-international-industries/ | title=Harman International Industries | access-date=August 11, 2022 | archive-date=August 11, 2022 | archive-url=https://web.archive.org/web/20220811171342/https://fortune.com/fortune500/2017/harman-international-industries/ | url-status=dead }}</ref> Other major manufacturers include the [[Electric Boat]] division of [[General Dynamics]], which makes submarines in [[Groton, Connecticut|Groton]],<ref>{{cite web |url=http://www.gdeb.com/about/history/ |title=EB History |publisher=General Dynamics Electric Boat |access-date=May 16, 2014 |archive-date=October 19, 2017 |archive-url=https://web.archive.org/web/20171019070946/http://www.gdeb.com/about/history/ |url-status=live }}</ref> [[Boehringer Ingelheim]], a pharmaceuticals manufacturer with its U.S. headquarters in [[Ridgefield, Connecticut|Ridgefield]],<ref name="Connecticut Department of Labor"/> and [[ASML Holding|ASML]], which in [[Wilton, Connecticut|Wilton]] makes precision lithography machines used to create circuitry on semiconductors and flat-screen displays.<ref>{{cite news |first1=Alexander |last1=Soule |url=https://www.ctinsider.com/business/thehour/article/Wilton-manufacturer-logs-another-big-year-despite-14999054.php |title=Wilton manufacturer logs another big year despite industry woes |work=Hearst Connecticut Media |date=January 23, 2020 |access-date=April 18, 2020 |archive-date=July 28, 2020 |archive-url=https://web.archive.org/web/20200728220553/https://www.ctinsider.com/business/thehour/article/Wilton-manufacturer-logs-another-big-year-despite-14999054.php |url-status=live }}</ref> Connecticut historically was a center of gun manufacturing, and four gun-manufacturing firms continued to operate in the state {{as of|2012|December|lc=y}}, employing 2,000 people: [[Colt's Manufacturing Company|Colt]], [[Stag Arms|Stag]], [[Sturm, Ruger & Co.|Ruger]], and [[O.F. Mossberg & Sons|Mossberg]].<ref name="NYT122312">{{cite news | url=https://www.nytimes.com/2012/12/24/nyregion/gun-makers-based-in-connecticut-form-a-potent-lobby.html | title=Gun Makers Use Home Leverage in Connecticut | work=The New York Times | date=December 23, 2012 | access-date=December 24, 2012 | first1=Ray | last1=Rivera | last2=Cowan | first2=Alison Leigh | archive-date=December 24, 2012 | archive-url=https://web.archive.org/web/20121224221801/http://www.nytimes.com/2012/12/24/nyregion/gun-makers-based-in-connecticut-form-a-potent-lobby.html | url-status=live }}</ref> [[Marlin Firearms|Marlin]], owned by [[Remington Arms|Remington]], closed in April 2011.<ref name="Courant010111">{{cite news | url=https://www.courant.com/2011/04/01/marlin-firearms-closes-in-north-haven-ending-141-years-of-manufacturing-in-connecticut/ | title=Marlin Firearms Closes in North Haven, Ending 141 Years of Manufacturing in Connecticut | work=Hartford Courant | date=April 1, 2011 | last=Sturdevant | first=Matthew | access-date=December 24, 2012 | archive-date=January 2, 2013 | archive-url=https://web.archive.org/web/20130102175444/http://articles.courant.com/2011-04-01/business/hc-marlin-firearms-20110401_1_john-m-marlin-frank-kenna-remington-arms | url-status=live }}</ref> Other large components of the Connecticut economy in 2018 included wholesale trade ($18.1 billion in GDP); information services ($13.8 billion); retail ($13.7 billion); arts, entertainment and food services ($9.1 billion); and construction ($8.3 billion).<ref name="auto1"/> Tourists spent $9.3 billion in Connecticut in 2017 according to estimates as part of a series of studies commissioned by the state of Connecticut.<ref>{{cite web |url=https://portal.ct.gov/-/media/DECD/Tourism/EconImpactStudies/CT_Tourism_EconImpact_CY2017.pdf?la=en |title=Economic Impact of Tourism in Connecticut, 2017 |website=Department of Economic and Community Development |publisher=State of Connecticut |date=May 2019 |access-date=April 16, 2020 |archive-date=August 17, 2020 |archive-url=https://web.archive.org/web/20200817133609/https://portal.ct.gov/-/media/DECD/Tourism/EconImpactStudies/CT_Tourism_EconImpact_CY2017.pdf?la=en |url-status=live }}</ref> [[Foxwoods Resort Casino]] and [[Mohegan Sun]] are the two biggest tourist draws and number among the state's largest employers;<ref>{{cite web |url=http://www1.ctdol.state.ct.us/lmi/EmpSearchTopList.asp?intSort=6 |title=Search Results for the 25 largest employers in Connecticut |website=Labor Market Information |publisher=Connecticut Department of Labor |date=March 17, 2015 |access-date=May 16, 2014 |archive-date=May 18, 2014 |archive-url=https://web.archive.org/web/20140518181449/http://www1.ctdol.state.ct.us/lmi/EmpSearchTopList.asp?intSort=6 |url-status=live }}</ref> both are located on Native American reservations in the southeastern Connecticut. {{ Main | Agriculture in Connecticut }} Connecticut's agricultural production totaled $580 million in 2017, with just over half of that revenue the result of [[Nursery (horticulture)|nursery stock]] production. Milk production totaled $81 million that year, with other major product categories including [[egg (food)|eggs]], [[vegetables]] and [[fruit]], [[Connecticut shade tobacco|tobacco]] and [[shellfish]].<ref>{{cite report |title=2017 Census of Agriculture State Profile: Connecticut |url=https://www.nass.usda.gov/Publications/AgCensus/2017/Online_Resources/County_Profiles/Connecticut/cp99009.pdf |publisher=U.S. Department of Agriculture |access-date=April 18, 2020 |date= |archive-date=July 28, 2020 |archive-url=https://web.archive.org/web/20200728210752/https://www.nass.usda.gov/Publications/AgCensus/2017/Online_Resources/County_Profiles/Connecticut/cp99009.pdf |url-status=live }}</ref>
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