2014 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 2013 2014 Jan 216,302 229,746 Feb 216,302 229,746 Mar 216,302 229,746 Apr 218,093 232,600 May 218,093 232,600 Jun 218,093 232,600 Jul 219,054 234,000 Aug 219,054 234,000 Sep 219,054 234,000 Oct 219,078 236,828 Nov 219,078 236,828 Dec 219,078 236,828

Wages & Salaries Quarterly 2013 2014 101,900 105,929 101,900 105,929 101,900 105,929 101,502 105,753 101,502 105,753 101,502 105,753 101,762 104,878 101,762 104,878 101,762 104,878 104,433 106,258 104,433 106,258 104,433 106,258

Sales Tax Revenue 2013 2014 413.9 409.1 302.5 296.3 184.8 273.2 421.8 340.1 330.5 262.5 227.6 413.3 504.6 418.6 217.7 217.9 396.8 423.2 360.0 378.8 290.7 263.6 428.1 438.2

Prime Interest Rate 2013 2014 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 2013 2014 3.41% 4.43% 3.53% 4.30% 3.57% 4.34% 3.45% 4.34% 3.54% 4.19% 4.07% 4.16% 4.37% 4.13% 4.46% 4.12% 4.49% 4.16% 4.19% 4.04% 4.26% 4.00% 4.46% 3.86%

2014 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 2 2 1 0%  5 2 2 1 0%  5 3 1 1 +40%  5 2 2 1 0%  5 2 2 1 0%  5 3 1 1 +40%  5 3 1 1 +40%  5 4 0 1 +80%  5 4 0 1 +80%  5 4 0 1 +80%  5 3 1 1 +40%  5 4 0 1 +80%

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