2008 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 2007 2008 Jan 194,209 203,217 Feb 194,209 203,217 Mar 194,209 203,217 Apr 196,047 202,697 May 196,047 202,697 Jun 196,047 202,697 Jul 198,175 203,108 Aug 198,175 203,108 Sep 198,175 203,108 Oct 199,685 198,794 Nov 199,685 198,794 Dec 199,685 198,794

Wages & Salaries Quarterly 2007 2008 99,713 100,409 99,713 100,409 99,713 100,409 96,925 97,961 96,925 97,961 96,925 97,961 97,037 98,149 97,037 98,149 97,037 98,149 97,292 96,871 97,292 96,871 97,292 96,871

Sales Tax Revenue 2007 2008 452.1 368.9 273.4 293.1 183.5 237.9 337.2 293.8 294.2 229.7 193.2 346.6 452.9 367.2 267.8 173.5 175.1 361.8 412.0 318.2 309.2 185.5 278.2 355.6

Prime Interest Rate 2007 2008 8.25% 6.98% 8.25% 6.00% 8.25% 5.66% 8.25% 5.24% 8.25% 5.00% 8.25% 5.00% 8.25% 5.00% 8.25% 5.00% 8.03% 5.00% 7.74% 4.56% 7.50% 4.00% 7.33% 3.61%

Conventional Mortgage Rates 2007 2008 6.22% 5.76% 6.29% 5.92% 6.16% 5.97% 6.18% 5.92% 6.26% 6.04% 6.66% 6.32% 6.70% 6.43% 6.57% 6.48% 6.38% 6.04% 6.38% 6.20% 6.21% 6.09% 6.10% 5.33%

2008 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 4 1 0 +60%  5 5 0 0 +100%  5 5 0 0 +100%  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 5 0 0 +100%  5 2 3 0 -20%  5 2 3 0 -20%  5 3 2 0 +20%

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