2019 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 2018 2019 Jan 263,070 269,372 Feb 263,070 269,372 Mar 263,070 269,372 Apr 263,185 271,145 May 263,185 271,145 Jun 263,185 271,145 Jul 267,948 272,929 Aug 267,948 272,929 Sep 267,948 272,929 Oct 268,375 274,725 Nov 268,375 274,725 Dec 268,375 274,725

Wages & Salaries Quarterly 2018 2019 114,812 117,538 114,812 117,538 114,812 117,538 112,983 118,425 112,983 118,425 112,983 118,425 115,955 119,318 115,955 119,318 115,955 119,318 114,932 120,218 114,932 120,218 114,932 120,218

Sales Tax Revenue 2018 2019 542.4 488.1 357.5 338.7 260.4 246.6 418.4 467.2 362.1 399.7 292.9 291.5 567.4 580.7 343.9 298.3 274.2 440.3 497.3 444.7 393.4 318.4 397.1 508.7

Prime Interest Rate 2018 2019 4.50% 5.50% 4.50% 5.50% 4.58% 5.50% 4.75% 5.50% 4.75% 5.50% 4.89% 5.50% 5.00% 5.50% 5.00% 5.25% 5.03% 5.15% 5.25% 4.99% 5.25% 4.75% 5.35% 4.75%

Conventional Mortgage Rates 2018 2019 4.03% 4.46% 4.33% 4.37% 4.44% 4.27% 4.47% 4.14% 4.59% 4.07% 4.57% 3.80% 4.53% 3.77% 4.55% 3.62% 4.63% 3.61% 4.83% 3.69% 4.87% 3.70% 4.64% 3.72%

2019 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 4 1 0 +60%  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 4 1 0 +60%  5 4 1 0 +60%  5 5 0 0 +100%

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