CFA News

Electric Vehicle Regulations Debated During Public Hearing

Environmental advocates came to the defense of contested new emissions regulations during a Tuesday public hearing on a Connecticut proposal that would phase out the sale of new internal combustion engine vehicles by 2035. The Department of Energy and Environmental Protection held a virtual hearing for public input on proposed regulations.

Food Inflation Finally Easing

That said, the CPI for other food products remained elevated. Cereals and bakery rose 0.6% in the same time frame, while the nonalcoholic beverage category ticked up 0.2%. The index for the “other food at home” category edged 0.4% higher.

CFA Leader Says Labor Shortages Biggest Challenge For Food Retailers

The economy in Connecticut appears to be lagging behind the U.S. average, and a lack of fiscal discipline at the state and local levels continues to be an issue. According to the “2021 Report on Business Climate by State” produced by the Tax Foundation, Connecticut’s business climate is ranked 47th in the U.S. and has lagged in the bottom third for more than two decades.