2002 Consumer Sector Economic Scorecard - State of Connecticut Benchmarked March 2018 Select Year >>> Consumer Sector Scorecard Current Consumers 2018 Consumers 2017 Consumers 2016 Consumers 2015 Consumers 2014 Consumers 2013 Consumers 2012 Consumers 2011 Consumers 2010 Consumers 2009 Consumers 2008 Consumers 2007 Consumers 2006 Consumers 2005 Consumers 2004 Consumers 2003 Consumers 2002 Consumers 2001 Consumers Consumers Trends Consumers Historical Totals

Critical to the health of the National and State economies is the ability of consumers to buy the goods and services being offered for sale by businesses. In turn, consumer demand is predicated on the willingness and ability of buyers to make purchases. Signals on consumers’ ability to buy are usually found in the levels, changes from the previous period, and year-to-year changes, of quarterly personal income #1, and quarterly wages and salaries #2, and in the prime rate #4 and conventional mortgage rates #5. Their willingness is reflected in their actual behavior. That is, are they actually making purchases? The most timely indicator that sends a signal about actual consumer behavior, at the state level, is sales tax revenue #3 activity. Seasonally Adjusted / Not Seasonally Adjusted

Personal Income Quarterly Month 2001 2002 Jan 149,662 148,294 Feb 149,662 148,294 Mar 149,662 148,294 Apr 150,047 150,083 May 150,047 150,083 Jun 150,047 150,083 Jul 148,546 149,869 Aug 148,546 149,869 Sep 148,546 149,869 Oct 149,892 150,021 Nov 149,892 150,021 Dec 149,892 150,021

Wages & Salaries Quarterly 2001 2002 79,966 77,197 79,966 77,197 79,966 77,197 78,749 77,441 78,749 77,441 78,749 77,441 77,406 77,573 77,406 77,573 77,406 77,573 77,362 77,131 77,362 77,131 77,362 77,131

Sales Tax Revenue 2001 2002 348.6 346.0 223.6 209.4 220.3 209.2 284.9 270.8 250.0 235.7 247.6 242.7 318.4 307.1 247.3 238.0 231.4 242.2 278.8 304.6 244.4 267.6 244.7 231.0

Prime Interest Rate 2001 2002 9.05% 4.75% 8.50% 4.75% 8.32% 4.75% 7.80% 4.75% 7.24% 4.75% 6.98% 4.75% 6.75% 4.75% 6.67% 4.75% 6.28% 4.75% 5.53% 4.75% 5.10% 4.35% 4.84% 4.25%

Conventional Mortgage Rates 2001 2002 7.03% 7.00% 7.05% 6.89% 6.95% 7.01% 7.08% 6.99% 7.15% 6.81% 7.16% 6.65% 7.13% 6.49% 6.95% 6.29% 6.82% 6.09% 6.62% 6.11% 6.66% 6.07% 7.07% 6.05%

2002 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 2 3 0 -20%  5 2 3 0 -20%  5 1 4 0 -60%  5 3 2 0 +20%  5 3 2 0 +20%  5 3 2 0 +20%  5 4 1 0 +60%  5 4 1 0 +60%  5 5 0 0 +100%  5 4 1 0 +60%  5 4 1 0 +60%  5 3 2 0 +20%

	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