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State of Connecticut Labor Market Information - 2011 Business Sector Scorecard
  2012 Business Sector Economic Scorecard - State of Connecticut Last Updated: May 9, 2012
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 Detailed description of the business scorecard indicators and resulting score 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#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. Air Cargo Tons#2 and the value of Exports#3 (collected quarterly before 2004) gauges the ability of Connecticut businesses to compete in the world market. The Connecticut Manufacturing Production Index (CMPI)#7 and Average Manufacturing Weekly Hours (AMWH)#8 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#4, the Visitors to Major Attractions#5, and Air Passenger Counts#6.
For charts, trends and data for the eight business economic indicators and historical totals follow the column header links or "trends" buttons.
Business Indicator #1 - Housing Permits nsa
Month 2011 2012 Year-to-Year comparisons
Jan 133 154 Plus Grade
Feb 114 410 Plus Grade
Mar 267 249 Minus Grade
Apr 234
May 228
Jun 418
Jul 276
Aug 250
Sep 441
Oct 187
Nov 270
Dec 253
Business Indicator #2 - Air Cargo Tons nsa
2011 2012 Year-to-Year comparisons
9,981 11,316 Plus Grade
9,562 10,720 Plus Grade
11,803 12,277 Plus Grade
11,001
10,273
11,319
10,888
12,157
12,258
11,808
11,830
13,284
Business Indicator #3 - Exports nsa/$million
2011 2012 Year-to-Year comparisons
1,185 1,147 Minus Grade
1,312 1,227 Minus Grade
1,607
1,371
1,616
1,305
1,143
1,299
1,121
1,427
1,349
1,457
Business Indicator #4 - Gaming Slots nsa/$million
2011 2012 Year-to-Year comparisons
1,246 1,183 Minus Grade
1,313 1,268 Minus Grade
1,432 1,348 Minus Grade
1,449
1,427
1,344
1,565
1,356
1,337
1,297
1,237
1,297
Business Indicator #5 - Major Attraction Visitors nsa/000
2011 2012 Year-to-Year comparisons
493 520 Plus Grade
934 996 Plus Grade
793 835 Plus Grade
1,455
1,543
1,679
2,533
2,517
1,047
1,059
805
1,155
Business Indicator #6 - Air Passenger Count nsa/00
2011 2012 Year-to-Year comparisons
3,558 3,910 Plus Grade
3,993 3,990 Plus Grade
5,041 4,711 Minus Grade
4,915
5,058
4,825
5,134
5,054
4,359
4,908
4,460
4,299
Business Indicator #7 - Connecticut Manufacturing Production Index sa/%
2011 2012 Year-to-Year comparisons
81.8 83.6 Plus Grade
89.3 86.2 Minus Grade
88.9 88.1 Minus Grade
84.9
98.3
94.4
99.0
102.0
94.3
86.6
92.3
87.7
Business Indicator #8 - Average Manufacturing Weekly Hours nsa
2011 2012 Year-to-Year comparisons
39.4 39.9 Plus Grade
41.0 40.5 Minus Grade
41.1 40.5 Minus Grade
40.7
40.7
41.1
40.1
40.4
40.2
40.6
40.6
40.7
2012 Business Totals [(Up/Total)-(Down/Total)]x100=Net%2012 Business Totals [(Up/Total) - (Down/Total)] x 100 = Net%
Total Up Down NC Net %
 8 6 2 0 +50%
 8 4 4 0 0%
 7 2 5 0 -43%
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