In addition, the Internet is exerting market-altering forces everywhere. And look at all the banks now in supermarkets and the proliferation of discount brokers. This so far has kept our high industry concentration of FIRE employment intact meaning capital flows are staying around. This was a full percentage point higher than in 1998. So Connecticut's share of US FIRE jobs is actually increasing after having declined from an incredible job concentration level of 1.5237 in 1990.
Skillful management is crucial for positive change and for effective implementation of technology.
America's open, flexible, and transparent form of democratic capitalism has shown to be advantageous for resourceful growth. Companies are responding to changing capital markets brought on by the rise of individual investors and deregulation. The way companies respond to new trends or threats of competition results in the necessary industry restructuring. Also, workers have had the responsibility of retirement planning placed more into their own sphere of influence, making more and cheaper estate and financial planning services invaluable. Companies are responding and Connecticut has shown it can adapt.