Labor Market Information - 2002 Archived Connecticut Business Scorecard

Archived 2002 Business Sector Economic Scorecard - State of Connecticut Seasonally Adjusted / Not Seasonally Adjusted Benchmarked March 2013


Archived Business Scorecards	2001 • 2002 • 2003 • 2004 • 2005 • 2006 • 2007 • 2008 • 2009 • 2010 • 2011 • 2012 • 2013	Archived Business Scorecards

The health of the business sector will affect, among other things, the ability of firms to hire workers and, particularly in regard to businesses selling their goods and services outside the State, the ability to increase the State’s income through exports. There are several indicators that provide a picture of the business sector's vital signs. The levels, changes from the previous period, and year-to-year changes, of housing permits #1 give not only a reading of the State’s construction sector, but also of the financial sector, particularly in terms of mortgage-lending activity, and ultimately, consumer spending on durable goods and services related to the purchase of a new house. air cargo tons #2 and the value of exports #3 (collected quarterly before 2004) gauges the ability of Connecticut businesses to compete in the world market. The Connecticut Manufacturing Production Index (CMPI) #7 and average manufacturing weekly hours (AMWH) #8 provide a measure of the State’s manufacturing activity, while the strength of the entertainment and tourism sectors is reflected in the gaming slots revenues #4, the visitors to major attractions #5, and air passenger counts #6. For charts, trends and data for the eight business economic indicators and historical totals follow the column header links or "trends" buttons.


Housing Permits

Month	2001	2002

Jan	849	601

Feb	706	633

Mar	561	762

Apr	779	1,061

May	841	957

Jun	793	782

Jul	910	927

Aug	1,055	811

Sep	598	773

Oct	820	924

Nov	706	771

Dec	636	605


Air Cargo Tons

2001	2002

10,422	11,703

9,723	10,929

13,302	12,124

11,202	11,684

12,221	12,338

10,943	11,726

10,419	11,783

16,323	12,711

10,750	13,367

12,764	13,178

12,122	11,734

12,944	9,785


Connecticut Exports

2001	2002

2,255	2,058





2,173	2,047





1,977	2,100





2,203	2,106


Gaming Slots

2001	2002

1,226	1,329

1,306	1,473

1,366	1,594

1,398	1,555

1,414	1,615

1,427	1,594

1,575	1,733

1,577	1,800

1,478	1,604

1,467	1,538

1,454	1,537

1,464	1,453


Major Attraction Visitors

2001	2002

556	657

1,118	1,368

848	1,201

1,409	1,689

1,660	1,883

1,973	2,236

2,968	3,072

3,205	3,505

1,245	1,261

1,237	1,288

1,268	1,147

959	801


Air Passenger Count

2001	2002

5,247	4,376

5,456	4,819

6,234	5,714

6,530	5,825

6,498	5,794

6,253	5,712

6,727	6,024

7,116	6,277

3,698	4,623

5,207	5,692

5,077	5,038

4,832	5,351


CT Manu. Prod. Index

2001	2002

81.4	84.8

97.9	88.5

90.6	92.1

86.4	90.5

102.1	93.7

109.5	94.7

89.8	96.1

102.1	97.6

93.1	90.6

100.1	92.9

91.3	90.2

90.8	87.1


Avg Manu. Weekly Hours

2001	2002

42.1	41.8

41.6	41.3

42.0	41.5

40.9	41.6

41.7	41.4

41.7	42.1

41.5	41.0

41.5	41.4

42.1	42.0

42.3	41.8

41.9	41.9

40.9	41.9


Business Scorecard Totals [(Up/Total)-(Down/Total)]x100=Net%

Total	Up	Down	NC	Net %

8	4	4	0	0%

7	3	4	0	-14%

7	4	3	0	+14%

8	6	2	0	+50%

7	4	3	0	+14%

7	4	3	0	+14%

8	6	2	0	+50%

7	2	5	0	-43%

7	5	2	0	+43%

8	5	3	0	+25%

7	2	4	1	-29%

7	2	5	0	-43%