Economy of Hartford

titution Plaza on the AI Technology Center, the future headquarters of the eponymous engineering firm. AI's chief executive helped finance the building, the first commercially leasable structure in Connecticut to be certified at the platinum level under the US Green Building Council's LEED (Leadership in Energy and Environmental Design) program. Other recent entrants into the downtown market include GlobeOp Financial Services and specialty insurance broker S.H. Smith. CareCentrix, a patient home healthcare management company, is moving into downtown from East Hartford, where it will add over 200 jobs within the next few years.

Hartford is a center for medical care, research, and education. Within Hartford itself the city includes Hartford Hospital, The Institute of Living, Connecticut Children's Medical Center, and Saint Francis Hospital & Medical Center (which merged in 1990 with Mount Sinai Hospital).

Following the housing market decline, Hartford renters are finding cheap and declining rent averages in relation to national trends. “Declining rents are affecting not only Hartford but also other markets in Connecticut and across the country as employers remain restrained about hiring. Connecticut's unemployment now stands at 9.1 percent, below the nation's 9.7 percent.”

According to a 2011 study from Brookings Institute Global Metro Monitor, Hartford has the highest GDP per capita of the cities listed, with $75,086