2016 Archived Connecticut Business Scorecard ~ Labor Market Information

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2016 Archived Connecticut Business Scorecard ~ Labor Market Information

Benchmarked March 2018

	2016 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		2016 Business Print Version

Housing
Permits

Month	2015	2016

Jan	264	154

Feb	125	421

Mar	492	576

Apr	424	380

May	776	368

Jun	571	504

Jul	696	285

Aug	304	357

Sep	512	631

Oct	674	524

Nov	533	245

Dec	509	226

Connecticut
Exports (000)

2015	2016

1,287,211	1,109,861

1,271,496	1,278,596

1,377,690	1,390,023

1,358,610	1,226,362

1,372,788	1,186,085

1,371,038	1,194,920

1,184,550	1,037,826

1,023,774	1,135,697

1,121,689	1,136,598

1,408,070	1,264,215

1,252,296	1,062,624

1,212,537	1,371,226

Gaming Slots
Revenue (000)

2015	2016

962,059	1,050,497

891,047	1,029,006

1,119,206	1,078,617

1,070,647	1,116,470

1,153,540	1,111,956

1,065,007	1,005,319

1,185,568	1,231,932

1,170,342	1,137,821

1,040,361	1,072,429

1,062,487	1,089,811

1,045,100	1,023,757

1,072,484	1,084,427

Major Attraction
Visitors

2015	2016

61,097	306,024

57,484	296,427

85,635	398,919

491,064	505,857

157,260	530,928

191,149	754,129

992,329	933,888

100,049	938,348

575,730	512,646

597,045	620,583

409,488	395,599

525,343	463,851

Air Passenger
Count

2015	2016

425,729	434,494

400,119	425,504

519,494	491,548

526,638	531,730

542,888	539,737

508,122	520,798

534,247	540,200

521,000	533,282

457,175	475,482

518,592	539,783

499,786	527,857

480,018	500,528

CMP
Index

2015	2016

103.4	100.5

102.2	97.1

106.1	99.6

105.3	99.5

96.7	98.4

116.5	104.2

115.2	104.2

117.4	109.6

114.0	108.4

111.4	99.6

103.1	101.2

105.1	99.0

Average Manu.
Weekly Hours

2015	2016

40.5	41.6

40.2	41.5

40.7	42.0

40.2	41.9

39.7	42.9

39.6	42.9

39.4	43.2

40.5	42.2

40.1	42.9

40.7	43.4

42.2	43.0

42.4	43.5

2016 Business Scorecard
[(Up/Total)-(Down/Total)]x100=Net%

Total	Up	Down	NC	Net %

7	4	3	0	+14%

7	6	1	0	+71%

7	4	3	0	+14%

7	4	3	0	+14%

7	3	4	0	-14%

7	3	4	0	-14%

7	3	4	0	-14%

7	4	3	0	+14%

7	5	2	0	+43%

7	4	3	0	+14%

7	2	5	0	-43%

7	4	3	0	+14%

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