2016 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 2015 2016 Jan 242,249 246,420 Feb 242,249 246,420 Mar 242,249 246,420 Apr 246,083 248,958 May 246,083 248,958 Jun 246,083 248,958 Jul 248,178 248,883 Aug 248,178 248,883 Sep 248,178 248,883 Oct 250,327 247,286 Nov 250,327 247,286 Dec 250,327 247,286

Wages & Salaries Quarterly 2015 2016 109,083 107,963 109,083 107,963 109,083 107,963 107,928 111,048 107,928 111,048 107,928 111,048 107,521 113,307 107,521 113,307 107,521 113,307 110,057 110,457 110,057 110,457 110,057 110,457

Sales Tax Revenue 2015 2016 350.9 372.7 382.2 357.3 305.2 309.2 355.2 278.3 340.1 423.6 761.0 364.7 396.1 428.8 351.6 324.1 339.8 350.8 378.4 374.4 380.2 382.0 349.3 317.5

Prime Interest Rate 2015 2016 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.25% 3.50% 3.37% 3.64%

Conventional Mortgage Rates 2015 2016 3.71% 3.87% 3.71% 3.66% 3.77% 3.69% 3.67% 3.61% 3.84% 3.60% 3.98% 3.57% 4.05% 3.44% 3.91% 3.44% 3.89% 3.46% 3.80% 3.47% 3.94% 3.77% 3.96% 4.20%

2016 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 2 3 0 -20%  5 2 3 0 -20%  5 3 2 0 +20%  5 3 2 0 +20%  5 4 1 0 +60%  5 3 2 0 +20%  5 4 1 0 +60%  5 3 2 0 +20%  5 4 1 0 +60%  5 2 3 0 -20%  5 3 2 0 +20%  5 1 4 0 -60%

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