2018 State of Connecticut Business Sector Scorecard ~ Labor Market Information

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2018 State of Connecticut Business Sector Scorecard ~ Labor Market Information

Last Updated: October 18, 2018

	2018 Connecticut Business Sector Scorecard	Seasonally / 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.

	Scorecard Home		Business Trends 2001-2018		Download Business Data 2001-2018		2018 Business Print Version

Housing
Permits

Month	2017	2018

Jan	317	342

Feb	175	470

Mar	398	321

Apr	253	290

May	402	383

Jun	360	413

Jul	430	494

Aug	489	349

Sep	434

Oct	561

Nov	369

Dec	299

Connecticut
Exports (000)

2017	2018

980,754	1,134,793

965,770	1,064,389

1,437,674	1,536,245

1,144,782	1,489,157

1,057,325	1,642,563

1,205,727	1,571,136

1,293,344	1,283,625

1,332,630

1,438,729

1,390,105

1,179,968

1,331,184

Gaming Slots
Revenue (000)

2017	2018

1,029,232	984,414

1,018,800	1,019,842

1,138,843	1,198,920

1,153,185	1,129,525

1,124,289	1,098,911

1,088,069	1,111,442

1,239,616	1,198,530

1,160,865	1,154,479

1,151,467

1,072,713

1,061,587

1,110,090

Major Attraction
Visitors

2017	2018

259,900	246,193

288,489	272,287

293,702	340,286

497,908	519,226

515,424	555,446

712,337	720,108

891,424

960,125

617,340

580,971

385,919

467,541

Air Passenger
Count

2017	2018

461,082	469,205

437,459	464,795

529,745	548,408

553,182	579,659

571,776	576,626

565,399	569,521

591,015	629,552

597,577

484,649

572,237

545,347

526,939

CMP
Index

2017	2018

93.5	90.6

94.0	111.8

102.0	104.0

100.1	90.6

107.7	111.8

100.3	84.7

97.6	99.5

98.3	104.3

92.3

86.0

94.7

91.5

Average Manu.
Weekly Hours

2017	2018

40.1	40.3

39.4	40.9

39.4	39.7

39.9	40.8

39.5	41.0

39.5	40.5

40.2	41.2

39.7	41.5

39.8

40.6

39.9

40.9

2018 Business Scorecard
[(Up/Total)-(Down/Total)]x100=Net%

Total	Up	Down	NC	Net %

7	4	3	0	+14%

7	6	1	0	+71%

7	5	2	0	+43%

7	4	3	0	+14%

7	5	2	0	+43%

7	6	1	0	+71%

6	3	3	0	0%

4	1	3	0	-50%

				%

				%

				%

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	State of Connecticut Department of Labor - Office of Research 200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6275 LMI Home \| CTDOL Home \| CT.gov \| Feedback \| Disclaimer \| Privacy Policy \| Accessibility Policy This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more)