1 Connecting Connecticut: Cable’s Impact on the State Economy 1 Martin Romitti, Ph.D. Senior Vice President, Center for Regional Economic Competitiveness former Director of Economic and Public Policy Research at the University of Massachusetts Donahue Institute Connecticut Business & Industry Association The Connecticut Economy Conference · Rocky Hill, CT September 7, 2012 Connecting Connecticut: Cable’s Impact on the State Economy

2 Acknowledgments

3 Economic Impact 3

4 Employment Contributions 4

5 Employment Growth 5

6 What do Napoleon and Raisin Bran have in Common? They both tried to make it rain! What do Napoleon and Raisin Bran have in Common?

7 Cable’s Place in the Broader IT Industry 7

8 Capital Investment 8

9 Impacts on Industry Sectors 9

10 Laying the Foundation 10 A survey for the U.S. Small Business Administration revealed that for a majority (54.7%) of small business respondents in the Northeast, high- speed cable is the dominant means for the provision of broadband services. Laying the Foundation

11 Growth in Broadband Lines 11 Growth in Broadband Lines

12. THANKS!.