2004 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 2003 2004 Jan 148,871 156,120 Feb 148,871 156,120 Mar 148,871 156,120 Apr 151,097 159,590 May 151,097 159,590 Jun 151,097 159,590 Jul 152,149 163,386 Aug 152,149 163,386 Sep 152,149 163,386 Oct 155,209 166,617 Nov 155,209 166,617 Dec 155,209 166,617

Wages & Salaries Quarterly 2003 2004 77,416 81,341 77,416 81,341 77,416 81,341 78,399 81,870 78,399 81,870 78,399 81,870 78,912 83,837 78,912 83,837 78,912 83,837 79,929 86,135 79,929 86,135 79,929 86,135

Sales Tax Revenue 2003 2004 335.0 361.8 205.1 210.2 210.5 215.2 264.4 277.9 243.3 244.9 245.3 252.7 297.6 322.9 242.3 253.9 248.0 250.3 289.5 303.2 249.5 252.4 244.7 258.2

Prime Interest Rate 2003 2004 4.25% 4.00% 4.25% 4.00% 4.25% 4.00% 4.25% 4.00% 4.25% 4.00% 4.22% 4.01% 4.00% 4.25% 4.00% 4.43% 4.00% 4.58% 4.00% 4.75% 4.00% 4.93% 4.00% 5.15%

Conventional Mortgage Rates 2003 2004 5.92% 5.74% 5.84% 5.64% 5.75% 5.45% 5.81% 5.83% 5.48% 6.27% 5.23% 6.29% 5.63% 6.06% 6.26% 5.87% 6.15% 5.75% 5.95% 5.72% 5.93% 5.73% 5.88% 5.75%

2004 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 5 0 0 +100%  5 5 0 0 +100%  5 5 0 0 +100%  5 4 1 0 +60%  5 4 1 0 +60%  5 4 1 0 +60%  5 3 2 0 +20%  5 4 1 0 +60%  5 4 1 0 +60%  5 4 1 0 +60%  5 4 1 0 +60%  5 4 1 0 +60%

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