2003 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 2002 2003 Jan 148,294 148,871 Feb 148,294 148,871 Mar 148,294 148,871 Apr 150,083 151,097 May 150,083 151,097 Jun 150,083 151,097 Jul 149,869 152,149 Aug 149,869 152,149 Sep 149,869 152,149 Oct 150,021 155,209 Nov 150,021 155,209 Dec 150,021 155,209

Wages & Salaries Quarterly 2002 2003 77,197 77,416 77,197 77,416 77,197 77,416 77,441 78,399 77,441 78,399 77,441 78,399 77,573 78,912 77,573 78,912 77,573 78,912 77,131 79,929 77,131 79,929 77,131 79,929

Sales Tax Revenue 2002 2003 346.0 335.0 209.4 205.1 209.2 210.5 270.8 264.4 235.7 243.3 242.7 245.3 307.1 297.6 238.0 242.3 242.2 248.0 304.6 289.5 267.6 249.5 231.0 244.7

Prime Interest Rate 2002 2003 4.75% 4.25% 4.75% 4.25% 4.75% 4.25% 4.75% 4.25% 4.75% 4.25% 4.75% 4.22% 4.75% 4.00% 4.75% 4.00% 4.75% 4.00% 4.75% 4.00% 4.35% 4.00% 4.25% 4.00%

Conventional Mortgage Rates 2002 2003 7.00% 5.92% 6.89% 5.84% 7.01% 5.75% 6.99% 5.81% 6.81% 5.48% 6.65% 5.23% 6.49% 5.63% 6.29% 6.26% 6.09% 6.15% 6.11% 5.95% 6.07% 5.93% 6.05% 5.88%

2003 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 4 1 0 +60%  5 4 1 0 +60%  5 5 0 0 +100%  5 4 1 0 +60%  5 5 0 0 +100%  5 5 0 0 +100%  5 4 1 0 +60%  5 5 0 0 +100%  5 4 1 0 +60%  5 4 1 0 +60%  5 4 1 0 +60%  5 5 0 0 +100%

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