2013 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 2012 2013 Jan 209,980 216,302 Feb 209,980 216,302 Mar 209,980 216,302 Apr 210,331 218,093 May 210,331 218,093 Jun 210,331 218,093 Jul 210,182 219,054 Aug 210,182 219,054 Sep 210,182 219,054 Oct 219,368 219,078 Nov 219,368 219,078 Dec 219,368 219,078

Wages & Salaries Quarterly 2012 2013 102,278 101,900 102,278 101,900 102,278 101,900 100,224 101,502 100,224 101,502 100,224 101,502 99,917 101,762 99,917 101,762 99,917 101,762 102,220 104,433 102,220 104,433 102,220 104,433

Sales Tax Revenue 2012 2013 492.7 413.9 286.8 302.5 194.3 184.8 403.8 421.8 317.0 330.5 233.5 227.6 456.0 504.6 291.3 217.7 210.0 396.8 410.2 360.0 344.8 290.7 318.0 428.1

Prime Interest Rate 2012 2013 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25% 3.25%

Conventional Mortgage Rates 2012 2013 3.92% 3.41% 3.89% 3.53% 3.95% 3.57% 3.91% 3.45% 3.80% 3.54% 3.68% 4.07% 3.55% 4.37% 3.60% 4.46% 3.50% 4.49% 3.38% 4.19% 3.35% 4.26% 3.35% 4.46%

2013 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 2 2 1 0%  5 3 1 1 +40%  5 2 2 1 0%  5 4 0 1 +80%  5 4 0 1 +80%  5 2 2 1 0%  5 3 1 1 +40%  5 2 2 1 0%  5 3 1 1 +40%  5 1 3 1 -40%  5 1 3 1 -40%  5 2 2 1 0%

	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