2008 Archived Connecticut Business Scorecard ~ Labor Market Information

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2008 Archived Connecticut Business Scorecard ~ Labor Market Information

Benchmarked March 2018

	2008 Connecticut Business Sector Scorecard	Seasonally / Not Seasonally Adjusted	Select Year >>
	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 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 (Discontinued Sept 2014) and the value of Connecticut Exports (collected quarterly before 2004) gauges the ability of Connecticut businesses to compete in the world market. The Connecticut Manufacturing Production Index (CMPI) and Average Manufacturing Weekly Hours (AMWH) 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, Major Attraction Visitors, and Air Passenger Count.

	Scorecard Home		Business Trends 2001-2019		Download Business Data 2001-2019		2008 Business Print Version

Housing
Permits

Month	2007	2008

Jan	529	517

Feb	372	260

Mar	538	467

Apr	779	381

May	808	529

Jun	742	767

Jul	846	445

Aug	682	333

Sep	553	440

Oct	582	481

Nov	638	578

Dec	396	171

Air Cargo
Tons

2007	2008

12,875	13,327

12,230	12,337

14,208	12,750

12,507	12,919

13,736	12,496

13,936	12,329

12,457	10,464

14,229	12,319

13,172	11,750

14,549	12,749

13,696	10,593

13,669	12,343

Connecticut
Exports

2007	2008

1,061	1,206

1,010	1,154

1,176	1,266

1,044	1,264

1,306	1,249

1,202	1,417

1,089	1,179

1,119	1,356

1,138	1,405

1,217	1,326

1,333	1,316

1,099	1,241

Gaming Slots
Revenue

2007	2008

1,490	1,522

1,500	1,478

1,682	1,609

1,603	1,495

1,655	1,685

1,676	1,550

1,907	1,744

1,781	1,814

1,668	1,509

1,549	1,481

1,548	1,450

1,645	1,278

Major Attraction
Visitors

2007	2008

645	672

923	932

822	887

1,544	1,591

1,521	1,488

1,798	1,681

2,621	2,552

2,875	2,974

1,218	980

1,195	1,122

1,063	1,030

934	845

Air Passenger
Count

2007	2008

4,977	4,582

4,549	4,703

5,478	5,381

5,448	5,796

5,951	5,678

5,596	5,277

6,027	5,560

6,104	5,589

4,944	4,501

5,770	5,019

5,305	4,391

5,035	4,588

Manufacturing
Production Index

2007	2008

123.1	109.8

128.8	133.1

133.9	134.4

134.0	133.3

144.7	126.3

151.7	131.0

136.6	128.9

159.7	142.3

137.3	144.3

145.5	135.3

137.5	115.4

135.8	102.3

Average Manu.
Weekly Hours

2007	2008

42.1	42.5

42.4	42.3

42.4	42.7

42.4	42.5

42.2	42.6

42.2	42.6

42.3	42.3

42.1	42.4

42.6	42.7

42.4	42.2

42.5	41.9

42.6	41.7

2008 Business Scorecard
[(Up/Total)-(Down/Total)]x100=Net%

Total	Up	Down	NC	Net %

8	5	3	0	+25%

8	5	3	0	+25%

8	4	4	0	0%

8	5	3	0	+25%

8	2	6	0	-50%

8	3	5	0	-25%

8	1	6	1	-63%

8	4	4	0	0%

8	3	5	0	-25%

8	1	7	0	-75%

8	0	8	0	-100%

8	1	7	0	-75%

State of Connecticut Department of Labor - Office of Research, 200 Folly Brook Boulevard, Wethersfield, CT 06109