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

State of Connecticut

Personal Income by Industry
Last Seven Calendar Years
(Expressed in Thousands)
  2002 2003 2004 2005 2006 2007 2008
Farm Earnings $169,384 $163,186 $181,512 $179,546 $132,701 $135,635 $131,000
Agricultural Services, Forestry, Fishing 53,215 47,990 45,653 43,390 48,463 47,947 46,000
Mining 132,885 142,415 183,161 210,433 239,725 241,968 307,000
Construction 5,949,891 5,883,794 6,702,149 7,221,766 8,279,075 8,318,690 7,948,000
Durable Goods 11,755,698 11,794,810 12,388,008 12,909,198 13,269,852 13,710,583 13,940,000
Nondurable Goods 5,085,994 5,093,473 5,360,660 5,495,647 5,718,664 5,626,388 5,683,000
Wholesale Trade 5,420,568 5,515,096 5,819,416 6,199,684 6,637,800 6,869,412 7,098,000
Retail Trade 7,295,378 7,349,016 7,533,969 7,696,592 7,938,639 8,061,698 8,133,000
Transportation and Public Utilities 3,063,712 3,323,358 3,639,012 3,664,577 2,631,548 2,837,925 2,651,000
Services 59,658,975 59,358,363 65,546,050 69,407,977 72,920,312 77,525,040 79,338,000
Federal, Civilian 1,555,257 1,556,662 1,685,192 1,651,650 1,731,848 1,760,774 1,784,000
Military 684,388 785,349 842,406 882,223 932,364 921,195 982,000
State and Local 11,714,486 11,852,667 12,467,586 13,126,266 13,846,143 15,044,395 15,756,000
Other¹ 34,457,608 36,109,211 36,501,189 38,118,358 43,670,025 51,468,018 54,536,000
Total Personal Income $146,997,439 $148,975,390 $158,895,963 $166,807,307 $177,997,159 $192,569,668 $198,333,000
Average Effective Rate² 2.50% 2.48% 2.97% 3.17% 3.34% 3.46% 3.45%


Notes: Fiscal year 2008 amounts are based on third 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