2017 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 2016 2017 Jan 246,420 254,811 Feb 246,420 254,811 Mar 246,420 254,811 Apr 248,958 256,682 May 248,958 256,682 Jun 248,958 256,682 Jul 248,883 258,803 Aug 248,883 258,803 Sep 248,883 258,803 Oct 247,286 260,558 Nov 247,286 260,558 Dec 247,286 260,558

Wages & Salaries Quarterly 2016 2017 107,963 112,194 107,963 112,194 107,963 112,194 111,048 111,834 111,048 111,834 111,048 111,834 113,307 113,008 113,307 113,008 113,307 113,008 110,457 113,151 110,457 113,151 110,457 113,151

Sales Tax Revenue 2016 2017 372.7 492.6 357.3 318.0 309.2 311.6 278.3 265.9 423.6 439.2 364.7 368.2 428.8 435.9 324.1 324.8 350.8 273.1 374.4 469.5 382.0 362.8 317.5 297.4

Prime Interest Rate 2016 2017 3.50% 3.75% 3.50% 3.75% 3.50% 3.88% 3.50% 4.00% 3.50% 4.00% 3.50% 4.13% 3.50% 4.25% 3.50% 4.25% 3.50% 4.25% 3.50% 4.25% 3.50% 4.25% 3.64% 4.40%

Conventional Mortgage Rates 2016 2017 3.87% 4.15% 3.66% 4.17% 3.69% 4.20% 3.61% 4.05% 3.60% 4.01% 3.57% 3.90% 3.44% 3.97% 3.44% 3.88% 3.46% 3.81% 3.47% 3.90% 3.77% 3.92% 4.20% 3.95%

2017 Consumer Scorecard Totals  [(Up/Total)-(Down/Total)] x 100 = Net% Total Up Down NC Net %  5 3 2 0 +20%  5 2 3 0 -20%  5 3 2 0 +20%  5 2 3 0 -20%  5 3 2 0 +20%  5 3 2 0 +20%  5 2 3 0 -20%  5 2 3 0 -20%  5 1 4 0 -60%  5 3 2 0 +20%  5 2 3 0 -20%  5 3 2 0 +20%

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