(SOURCE - HartfordBusiness.com)
A recent 12-day disruption to train service between Stamford and New
York City cost Connecticut's economy $62 million, according to an
analysis released by the state's Department of Economic and Community
Development.
First obtained by the Associated Press, the analysis
by Mark Prisloe, an associate economist at DECD, concludes that the
gross state product took a $62 million hit, that the service disruption
resulted in lost productivity equivalent to 260 jobs, and that the state
lost $2.5 million in revenue during the 12 days.
The analysis utilizes an estimation method developed by Regional Economic Models Inc.
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