Personal Income by Industry Statistical Section Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2007

State of Connecticut

Personal Income by Industry
Last Six Calendar Years
(Expressed in Thousands)
  2002 2003 2004 2005 2006 2007
Farm Earnings $169,384 $163,186 $181,512 $179,546 $132,701 $140,000
Agricultural Services, Forestry, Fishing 53,215 47,990 45,653 43,390 48,463 51,000
Mining 132,885 142,415 183,161 210,433 239,725 263,000
Construction 5,949,891 5,883,794 6,702,149 7,221,766 8,279,075 8,514,000
Durable Goods 11,755,698 11,794,810 12,388,008 12,909,198 13,269,852 19,986,000
Nondurable Goods 5,085,994 5,093,473 5,360,660 5,495,647 5,718,664 5,931,000
Transportation and Public Utilities 3,063,712 3,323,358 3,639,012 3,664,577 6,637,800 6,956,000
Wholesale Trade 5,420,568 5,515,096 5,819,416 6,199,684 7,938,639 8,226,000
Retail Trade 7,295,378 7,349,016 7,533,969 7,696,592 2,631,548 2,778,000
Services 59,658,975 59,358,363 65,546,050 69,407,977 72,920,312 77,441,000
Federal, Civilian 1,555,257 1,556,662 1,685,192 1,651,650 1,731,848 1,771,000
Military 684,388 785,349 842,406 882,223 932,364 940,000
State and Local 11,714,486 11,852,667 12,467,586 13,126,266 13,846,143 14,591,000
Other¹ 34,457,608 36,109,211 36,501,189 38,118,358 43,670,025 41,075,000
Total Personal Income $146,997,439 $148,975,390 $158,895,963 $166,807,307 $177,997,159 $188,663,000
             
Average Effective Rate² 2.50% 2.48% 2.97% 3.17% 3.34% 3.46%


Notes: Fiscal year 2007 amounts are based on second quarter estimates.
1Includes dividends, interest, rental income, residence adjustments, government transfers to individuals, and deductions for insurance.
2Total direct rate for personal income is not available. Average effective rate equals fiscal year net tax collections divided by prior-year total personal income.
Sources: U. S. Bureau of Economic Analysis and Department of Revenue Services