Connecticut vs New York: two economies side by side

Connecticut and New York share a border. Here are the two economies on the same measures, with the rank of each among 51 states and DC.

New England · MideastConnecticut leads on 5, New York on 6 of 11 measures

Indicator	A · CT	B · NY	Ranks
GDP, 2025	$382.6B	$2.47T	23 · 3
Real GDP growth, 2025	+2.5%	+2.5%	16 · 15
Real growth a year since 2015	+1.0%	+1.9%	47 · 25
GDP per person	$103,727	$123,273	7 · 2
Income per person, 2025	$102,307	$91,504	2 · 4
Real income per person (2017 $)	$74,254	$64,153	3 · 11
Price level (US = 100)	103.6	107.9	10 · 5
Housing costs (US = 100)	117.0	122.2	11 · 8
Unemployment, September 2026	5.1%	4.3%	50 · 36
Population	3,688,496	20,002,427	29 · 4
Population growth a year since 2020	+0.60%	−0.12%	21 · 47

Highlighted: the higher value, or the lower one for prices and unemployment. BEA (GDP, income, price parities), BLS (unemployment).

Fig. 1Real GDP, index 2015 = 100Chained 2017 dollars

ConnecticutNew York

Fig. 2Unemployment rateMonthly, seasonally adjusted, since 2015

ConnecticutNew York

Industry mix, 2025

Share of each state’s GDP. Sorted by the gap between the two.

Industry	CT	NY	Gap, pp	Larger in
Manufacturing	10.5%	3.4%	7.1	CT
Finance & insurance	16.4%	21.1%	4.7	NY
Information	5.3%	8.3%	2.9	NY
Professional services	7.2%	8.6%	1.4	NY
Wholesale trade	5.3%	4.1%	1.3	CT
Real estate	13.1%	14.3%	1.1	NY
Retail trade	5.4%	4.3%	1.1	CT
Health care	8.5%	7.4%	1.1	CT
Government	8.8%	9.6%	0.8	NY
Management of companies	2.2%	1.5%	0.7	CT
Transportation & warehousing	2.1%	2.7%	0.6	NY
Education	2.4%	1.9%	0.4	CT
Arts & recreation	1.0%	1.3%	0.4	NY
Utilities	1.6%	1.4%	0.3	CT
Accommodation & food	2.5%	2.7%	0.3	NY
Administrative & waste services	2.9%	2.6%	0.3	CT
Other services	1.9%	1.7%	0.1	CT
Agriculture	0.1%	0.1%	0.1	NY
Construction	2.8%	2.8%	0.0
Mining, oil & gas	0.0%	0.0%	0.0