2007 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 2006 2007 Jan 179,444 194,209 Feb 179,444 194,209 Mar 179,444 194,209 Apr 182,883 196,047 May 182,883 196,047 Jun 182,883 196,047 Jul 185,342 198,175 Aug 185,342 198,175 Sep 185,342 198,175 Oct 188,526 199,685 Nov 188,526 199,685 Dec 188,526 199,685

Wages & Salaries Quarterly 2006 2007 90,926 99,713 90,926 99,713 90,926 99,713 91,113 96,925 91,113 96,925 91,113 96,925 91,816 97,037 91,816 97,037 91,816 97,037 93,633 97,292 93,633 97,292 93,633 97,292

Sales Tax Revenue 2006 2007 389.0 452.1 231.5 273.4 233.2 183.5 306.6 337.2 267.3 294.2 269.3 193.2 343.4 452.9 256.7 267.8 180.8 175.1 391.7 412.0 288.4 309.2 192.2 278.2

Prime Interest Rate 2006 2007 7.26% 8.25% 7.50% 8.25% 7.53% 8.25% 7.75% 8.25% 7.93% 8.25% 8.02% 8.25% 8.25% 8.25% 8.25% 8.25% 8.25% 8.03% 8.25% 7.74% 8.25% 7.50% 8.25% 7.33%

Conventional Mortgage Rates 2006 2007 6.15% 6.22% 6.25% 6.29% 6.32% 6.16% 6.51% 6.18% 6.60% 6.26% 6.68% 6.66% 6.76% 6.70% 6.52% 6.57% 6.40% 6.38% 6.36% 6.38% 6.24% 6.21% 6.14% 6.10%

2007 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  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 3 2 0 +20%  5 4 0 1 +80%  5 3 1 1 +40%  5 4 1 0 +60%  5 4 1 0 +60%  5 5 0 0 +100%  5 5 0 0 +100%

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