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State of Connecticut Business Trends ~ Labor Market Information
Last Updated: February 19, 2020  
Connecticut Business Scorecard Home  Connecticut Business Trends Seasonally Adjusted/Not Seasonally Adjusted Select Year >>
The health of the business sector will affect, among other things, the ability of firms to hire workers and, particularly in regard to businesses selling their goods and services outside the State, the ability to increase the State’s income through exports. There are several indicators that provide a picture of the business sector's vital signs. The levels, changes from the previous period and year-to-year changes of Housing Permits give not only a reading of the State’s construction sector, but also of the financial sector, particularly in terms of mortgage-lending activity, and ultimately, consumer spending on durable goods and services related to the purchase of a new house. Air Cargo Tons (Discontinued Sept 2014) and the value of Connecticut Exports (collected quarterly before 2004) gauges the ability of Connecticut businesses to compete in the world market. The Connecticut Manufacturing Production Index (CMPI) and Average Manufacturing Weekly Hours (AMWH) provide a measure of the State’s manufacturing activity, while the strength of the entertainment and tourism sectors is reflected in the Gaming Slots Revenues, Major Attraction Visitors, and Air Passenger Count.
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The levels, changes from the previous period, and year-to-year changes, of  Housing Permits #1 give not only a reading of the State’s construction sector, but also of the financial sector, particularly in terms of mortgage-lending activity, and ultimately, consumer spending on durable goods and services related to the purchase of a new house.
Month 2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan 651 545 529 517 101 165 133 154 263 533 264 154 317 342 278
Feb 547 674 372 260 209 188 114 410 253 180 125 421 175 470 310
Mar 886 960 538 467 208 277 267 249 607 249 492 576 398 321 491
Apr 907 781 779 381 339 346 234 249 364 336 424 380 253 290 721
May 1,107 952 808 529 237 256 228 358 488 433 776 368 402 383 341
Jun 1,192 943 742 767 421 247 418 792 398 1,317 571 504 360 413 336
Jul 983 807 846 445 473 296 276 402 456 327 696 285 430 494 435
Aug 1,055 718 682 333 235 239 250 611 902 419 304 357 489 349 376
Sep 1,151 802 553 440 227 398 441 456 328 463 512 631 434 269 478
Oct 841 812 582 481 363 293 187 592 544 433 674 524 561 439 1,136
Nov 1,147 627 638 578 252 300 270 369 290 250 533 245 369 354 561
Dec 1,010 640 396 171 269 215 253 569 331 305 509 226 299 525 44
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Exports #3 growth increases jobs by generating new business for Connecticut's manufacturers, service providers and farmers. Imports support jobs and keep costs low, helping Connecticut businesses compete and saving Connecticut families real dollars at the cash register. With more than 95 percent of the world’s population and 80 percent of the world’s purchasing power outside of the United States, future American economic growth and job creation depend on open markets abroad.
Month 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan $1,146,790 $1,489,389 $1,312,758 $1,287,211 $1,109,861 $9,816,365 $1,135,799 $1,534,127
Feb $1,227,076 $1,176,699 $1,197,557 $1,271,496 $1,278,596 $9,687,049 $1,063,935 $1,355,327
Mar $1,612,953 $1,535,527 $1,627,094 $1,377,690 $1,390,023 $1,437,058 $1,538,521 $1,488,806
Apr $1,295,974 $1,577,431 $1,227,423 $1,358,610 $1,226,362 $1,141,219 $1,490,803 $1,368,232
May $1,502,509 $1,263,485 $1,357,423 $1,372,788 $1,186,085 $1,055,945 $1,643,860 $1,293,530
Jun $1,509,320 $1,394,166 $1,374,892 $1,371,038 $1,194,920 $1,207,784 $1,568,796 $1,387,043
Jul $1,177,865 $1,260,171 $1,325,630 $1,184,550 $1,037,826 $1,297,161 $1,279,819 $1,130,718
Aug $1,324,400 $1,397,426 $1,245,608 $1,023,774 $1,135,697 $1,336,087 $1,594,880 $1,229,116
Sep $1,183,694 $1,354,931 $1,341,537 $1,121,689 $1,136,598 $1,446,755 $1,496,184 $1,392,520
Oct $1,186,797 $1,335,675 $1,356,946 $1,408,070 $1,264,215 $1,395,510 $1,702,746 $1,281,304
Nov $1,280,964 $1,459,700 $1,271,639 $1,252,296 $1,062,624 $1,183,047 $1,448,648 $1,352,834
Dec $1,422,780 $1,182,073 $1,324,328 $1,212,537 $1,371,226 $1,340,299 $1,439,397
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Gaming Slot Revenues #4 Indian Gaming Payments are amounts received by the State as a result of the slot compact with the two Federally recognized tribes in Connecticut, which calls for 25 percent of net slot receipts to be remitted to the State. Indian Gaming Slots are the total net revenues from slot machines only received by the two Federally recognized Indian tribes.
Month 2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan 1,447 1,504 1,490 1,522 1,322 1,351 1,246 1,183 1,077 975 962 1,050 1,029 984 880
Feb 1,570 1,547 1,500 1,478 1,399 1,329 1,313 1,268 1,012 1,005 891 1,029 1,018 1,019 947
Mar 1,600 1,631 1,682 1,609 1,486 1,436 1,432 1,348 1,295 1,191 1,119 1,078 1,138 1,198 1,117
Apr 1,686 1,661 1,603 1,495 1,411 1,431 1,449 1,257 1,156 1,079 1,070 1,116 1,153 1,129 996
May 1,715 1,741 1,655 1,685 1,595 1,492 1,427 1,260 1,213 1,178 1,153 1,111 1,124 1,098 1,056
Jun 1,574 1,615 1,676 1,550 1,431 1,385 1,344 1,255 1,146 1,054 1,065 1,005 1,088 1,111 1,003
Jul 1,878 1,835 1,907 1,744 1,561 1,667 1,565 1,327 1,245 1,178 1,185 1,231 1,239 1,198 1,049
Aug 1,767 1,750 1,781 1,814 1,591 1,577 1,356 1,279 1,287 1,239 1,170 1,137 1,160 1,154 1,103
Sep 1,686 1,688 1,668 1,509 1,389 1,414 1,337 1,217 1,129 1,015 1,040 1,072 1,151 1,055 984
Oct 1,674 1,693 1,549 1,481 1,403 1,453 1,297 1,096 1,073 1,059 1,062 1,089 1,072 983 958
Nov 1,554 1,530 1,548 1,450 1,350 1,296 1,237 1,113 1,137 1,042 1,045 1,023 1,061 1,009 996
Dec 1,587 1,740 1,645 1,278 1,217 1,225 1,297 1,164 1,002 1,046 1,072 1,084 1,110 1,105 953
  Back to Business Scorecard Download Connecticut Gaming Slots (2001 - Current)Download Connecticut Gaming Slots (2001 - Current)  
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Major Attraction Visitors #5 The Connecticut Office of Tourism is now reporting attraction attendance through Witan Intelligence’s VISION Index. The VISION Index is now being produced through a panel of 23 attraction participants, which is a significant increase over the historical 6 major attractions we have been tracking since 1994. This expansion of our attraction participants provides a more diverse panel of leading tourism attractions which now represent an estimated 6.4 million visitors annually. For an overview of the VISION Index.
Month 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y
Jan 64,508 67,259 56,629 57,334 49,384 52,080 62,595 50,802 61,097 306,024 259,900 246,193
Feb 92,357 93,284 110,636 75,756 93,431 99,641 70,455 58,430 57,484 296,427 288,489 272,287
Mar 82,229 88,748 86,105 71,776 79,372 83,511 98,932 86,653 85,635 398,919 293,702 340,286
Apr 154,426 159,140 162,417 141,784 145,566 185,332 149,923 144,913 491,064 505,857 497,908 519,226
May 152,194 148,832 146,794 150,712 154,360 153,049 154,954 147,907 157,260 530,928 515,424 555,446
Jun 179,844 168,127 167,181 156,236 167,917 172,346 170,395 172,147 191,149 754,129 712,337 720,108
Jul 262,110 255,230 277,005 237,699 253,335 261,303 249,720 245,479 992,329 933,888 891,424
Aug 287,596 297,476 294,136 274,293 251,735 280,383 267,587 274,679 1,000,491 938,348 960,125
Sep 121,863 98,099 104,967 106,329 104,736 109,933 99,466 98,104 575,730 512,646 617,340
Oct 119,581 112,261 96,989 107,950 105,905 101,421 98,137 106,659 597,045 620,583 580,971
Nov 106,321 103,013 90,889 74,818 80,501 83,363 84,873 90,422 409,488 395,599 385,919
Dec 93,426 84,548 81,722 85,701 115,540 108,843 99,328 124,554 525,343 463,851 467,541
  Back to Business Scorecard Download Connecticut Major Attraction Visitors (2001 - Current)Download Connecticut Major Attraction Visitors (2001 - Current)  
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Month 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan 458,241 397,503 367,870 355,896 391,051 385,256 421,045 425,729 434,494 461,082 469,205 537,511
Feb 470,316 407,121 360,947 396,078 399,011 369,386 402,634 400,119 425,504 437,459 464,795 468,931
Mar 538,115 472,095 449,186 504,173 471,126 446,686 502,497 519,494 491,548 529,745 548,408 580,840
Apr 579,662 488,096 464,448 491,558 466,374 459,629 520,000 526,638 531,730 553,182 579,659 612,102
May 567,824 487,393 462,599 505,815 480,016 483,655 525,374 542,888 539,737 571,776 576,626 612,306
Jun 527,739 464,122 452,997 482,501 467,278 457,994 500,602 508,122 520,798 565,399 569,521 582,381
Jul 556,050 482,084 490,117 513,450 480,974 472,996 539,213 534,247 540,200 591,015 621,072 603,144
Aug 558,909 471,732 502,349 505,475 481,682 480,501 538,442 521,000 533,282 597,577 634,691 606,637
Sep 450,145 389,727 418,041 435,985 413,022 416,222 451,802 457,175 475,482 484,649 513,085 520,470
Oct 501,984 448,611 486,168 490,842 461,507 478,347 500,429 518,592 539,783 572,237 583,992 582,896
Nov 439,155 408,296 464,203 446,079 451,706 467,254 480,586 499,786 527,857 545,347 568,288 543,677
Dec 458,839 400,572 462,062 429,921 421,065 504,049 493,177 480,018 500,528 526,939 537,511 564,833
  Back to Business Scorecard Download Connecticut Air Passenger Count (2001 - Current)Download Connecticut Air Passenger Count (2001 - Current) Top 
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Connecticut Manufacturing Production Index #7 (1982=100), by utilizing a new model that captures the trend of rising manufacturing productivity in recent years, provides a better measure than the MOI of overall economic activity in the State’s manufacturing sector. Manufacturing activity is still a very important barometer of current economic conditions in Connecticut as well as for the nation.
Month 2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan 114.7 117.9 123.1 109.8 107.2 98.9 94.6 102.1 103.0 105.1 103.4 100.5 93.5 85.4 95.9
Feb 106.3 118.9 128.8 133.1 101.6 95.4 103.3 103.1 103.6 103.7 102.2 97.1 91.4 94.2 90.7
Mar 118.6 118.0 133.9 134.4 98.1 102.5 102.3 103.7 102.5 102.8 106.1 99.6 92.1 91.0 95.4
Apr 114.8 119.5 134.0 133.3 95.3 102.1 97.3 106.0 111.8 104.2 105.3 99.5 93.5 90.1 92.0
May 117.7 131.1 144.7 126.3 101.7 100.6 112.1 109.7 110.3 105.4 96.7 98.4 93.9 111.3 96.3
Jun 122.4 136.7 151.7 131.0 93.5 111.9 107.6 114.2 114.6 110.7 116.5 104.2 102.0 84.1 94.5
Jul 123.2 139.7 136.6 128.9 106.1 107.7 112.8 118.4 122.2 108.3 115.2 104.2 100.1 98.9 105.1
Aug 125.8 130.7 159.7 142.3 102.8 121.5 117.7 126.6 123.4 118.8 117.4 109.6 110.4 107.0 99.1
Sep 125.8 128.9 137.3 144.3 101.8 115.8 109.2 112.4 114.3 114.6 114.0 108.4 103.0 97.8 96.8
Oct 125.7 128.9 145.5 135.3 99.6 106.4 100.6 105.9 110.3 107.8 111.4 99.6 99.9 99.2 96.8
Nov 119.5 122.4 137.5 115.4 95.8 100.2 107.6 108.1 102.0 108.1 103.1 101.2 100.4 95.2 96.5
Dec 119.0 124.6 135.8 102.3 96.6 99.1 102.2 106.3 109.6 110.7 105.1 99.0 94.1 91.8 91.3
  Back to Business Scorecard Download Connecticut Manufacturing Production Index (2001 - Current)Download Connecticut Manufacturing Production Index (2001 - Current) Top 
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Connecticut Average Manufacturing Weekly Hours #8 relate to the average hours per worker for which pay was received and is different from standard or scheduled hours. Factors such as unpaid absenteeism, labor turnover, part-time work, and stoppages cause average weekly hours to be lower than scheduled hours of work for an establishment. Group averages further reflect changes in the workweek of component industries. Average weekly hours are the total weekly hours divided by the employees paid for those hours.
Month 2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y 2019 Y/Y 2020 Y/Y 2021 Y/Y 2022 Y/Y 2023 Y/Y
Jan 42.0 42.5 42.1 42.5 41.9 41.4 39.4 40.1 40.5 42.0 40.5 41.6 42.1 40.3 42.5
Feb 41.8 42.3 42.4 42.3 41.4 41.0 41.0 40.5 40.0 40.3 40.2 41.5 41.0 40.9 41.5
Mar 41.9 42.0 42.4 42.7 41.2 41.6 41.1 40.5 40.7 41.4 40.7 42.0 40.8 39.7 41.7
Apr 42.3 41.6 42.4 42.5 39.5 41.4 40.7 40.5 40.9 40.0 40.2 41.9 40.7 40.8 42.8
May 42.2 42.0 42.2 42.6 40.3 41.4 40.7 40.6 40.6 40.4 39.7 42.9 41.8 41.0 42.5
Jun 42.5 42.2 42.2 42.6 40.6 41.1 41.1 40.8 41.1 41.4 39.6 42.9 42.1 40.5 42.6
Jul 42.1 42.4 42.3 42.3 40.6 41.2 40.1 40.4 40.8 40.6 39.4 43.2 41.6 41.2 42.0
Aug 41.8 41.9 42.1 42.4 40.5 41.1 40.4 40.0 41.9 40.0 40.5 42.2 41.8 40.9 41.6
Sep 42.0 42.4 42.6 42.7 40.8 41.2 40.2 39.9 41.5 40.6 40.1 42.9 41.7 41.6 41.9
Oct 42.1 42.1 42.4 42.2 40.8 40.8 40.6 40.1 41.0 40.4 40.7 43.4 41.7 42.2 42.4
Nov 42.4 41.9 42.5 41.9 41.3 41.1 40.7 40.8 42.0 41.4 42.2 43.0 41.4 42.3 42.4
Dec 42.7 42.7 42.6 41.7 41.3 41.4 40.7 41.1 42.0 40.9 42.4 43.5 42.1 43.9 43.0
  Back to Business Scorecard Download Connecticut Average Manufacturing Weekly Hours (2001 - Current)Download Connecticut Average Manufacturing Weekly Hours (2001 - Current)
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Month 2005 Y/Y 2006 Y/Y 2007 Y/Y 2008 Y/Y 2009 Y/Y 2010 Y/Y 2011 Y/Y 2012 Y/Y 2013 Y/Y 2014 Y/Y 2015 Y/Y 2016 Y/Y 2017 Y/Y 2018 Y/Y
Jan 11,817 10,228 12,875 13,327 11,028 9,969 9,981 11,316 12,296 10,637
Feb 12,016 12,554 12,230 12,337 9,906 9,518 9,562 10,720 10,557 9,232
Mar 13,887 14,821 14,208 12,750 10,918 11,043 11,803 12,277 7,102 10,223
Apr 13,154 13,224 12,507 12,919 11,221 10,941 11,001 11,368 11,242 10,695
May 12,713 13,430 13,736 12,496 10,036 10,174 10,273 12,203 11,678 10,535
Jun 14,239 14,202 13,936 12,329 9,879 10,893 11,319 11,865 10,791 9,964
Jul 12,892 12,360 12,457 10,464 10,377 10,879 10,888 10,949 10,711 10,454
Aug 13,395 14,457 14,229 12,319 9,840 11,240 12,157 12,593 11,558 10,317
Sep 13,943 14,061 13,172 11,750 5,601 11,522 12,258 11,484 11,055 10,544
Oct 14,042 14,006 14,549 12,749 10,950 11,484 11,808 12,087 12,170
Nov 13,714 13,693 13,696 10,593 9,813 10,694 11,830 12,470 10,563
Dec 14,035 13,846 13,669 12,343 12,549 12,153 13,284 12,214 12,149
  Back to Business Scorecard Download Connecticut Air Cargo Tons (2001 - Current)Download Connecticut Air Cargo Tons (2001 - Current)  
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