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Despite Wealth In Fairfield County, State Ranks As Worst-Performing Economy

Greenwich's Ray Dailio, founder of Bridgewater Associates in Westport, is the richest man in Connecticut.
Greenwich's Ray Dailio, founder of Bridgewater Associates in Westport, is the richest man in Connecticut. Photo Credit: File

FAIRFIELD COUNTY, Conn. -- Despite the wealth of areas such as Fairfield County, Connecticut has become one of the worst performing economies, according to Forbes.

During the past two decades, 300,000 more people have moved out of Connecticut than have moved in, Forbes said. (Connecticut's current population is about 3.5 million.)

Four of America’s 25 towns with the highest median family incomes are in Fairfield County – New Canaan (#1), Darien (#2), Westport (#5) and Greenwich (#14) and it boasts top hedge funds such as Bridgewater. But Connecticut ranks lowest in the United States in annual economic growth, it sees excessive government spending and offers one of the worst business climates in the country, Forbes reported.

To read the Forbes story, click here.

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