2018 Archived Connecticut Business Scorecard ~ Labor Market Information

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2018 Archived Connecticut Business Scorecard ~ Labor Market Information

Benchmarked March 2018

	2018 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		2018 Business Print Version

Housing
Permits

Month	2017	2018

Jan	317	342

Feb	175	470

Mar	398	321

Apr	253	290

May	402	383

Jun	360	413

Jul	430	494

Aug	489	349

Sep	434	269

Oct	561	439

Nov	369	354

Dec	299	525

Air Cargo
Tons

2017	2018

Connecticut
Exports

2017	2018

981	1,135

968	1,063

1,437	1,538

1,141	1,490

1,055	1,643

1,207	1,568

1,297	1,279

1,336	1,594

1,446	1,496

1,395	1,702

1,183	1,448

1,340	1,439

Gaming Slots
Revenue

2017	2018

1,029	984

1,018	1,019

1,138	1,198

1,153	1,129

1,124	1,098

1,088	1,111

1,239	1,198

1,160	1,154

1,151	1,055

1,072	983

1,061	1,009

1,110	1,105

Major Attraction
Visitors

2017	2018

2,599	2,461

2,884	2,722

2,937	3,402

4,979	5,192

5,154	5,554

7,123	7,201

8,914

9,601

6,173

5,809

3,859

4,675

Air Passenger
Count

2017	2018

4,610	4,692

4,374	4,647

5,297	5,484

5,531	5,796

5,717	5,766

5,653	5,695

5,910	6,210

5,975	6,346

4,846	5,130

5,722	5,839

5,453	5,682

5,269	5,375

Manufacturing
Production Index

2017	2018

93.5	85.4

91.4	94.2

92.1	91.0

93.5	90.1

93.9	111.3

102.0	84.1

100.1	98.9

110.4	107.0

103.0	97.8

99.9	99.2

100.4	95.2

94.1	91.8

Average Manu.
Weekly Hours

2017	2018

42.1	40.3

41.0	40.9

40.8	39.7

40.7	40.8

41.8	41.0

42.1	40.5

41.6	41.2

41.8	40.9

41.7	41.6

41.7	42.2

41.4	42.3

42.1	43.9

2018 Business Scorecard
[(Up/Total)-(Down/Total)]x100=Net%

Total	Up	Down	NC	Net %

7	3	4	0	-14%

7	5	2	0	+43%

7	4	3	0	+14%

7	4	3	0	+14%

7	4	3	0	+14%

7	5	2	0	+43%

6	2	4	0	-33%

6	2	4	0	-33%

6	2	4	0	-33%

6	3	3	0	0%

6	3	3	0	0%

6	4	2	0	+33%

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