Hartford Business Journal

Economic Forecast 2014

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www.HartfordBusiness.com December 22, 2014 • Hartford Business Journal 11 Economy E c o n o m i c F o r E c a s t CT Labor Force Projections Year 2013 2014 2015 2016 2017 2018 Total Nonagricultural Employment (000's) 1,656 1,670 1,695 1,718 1,737 1,742 Total Manufacturing Employment (000's) 163.8 163.8 167 168.3 167.9 166 Labor Force (000's) 1,860 1,874 1,896 1,934 1,945 1,947 CT Real Gross State Domestic Product Projections (in billions) Year 2013 2014 2015 2016 2017 2018 GSDP Projections $234 $239 $248 $255 $261 $267 CT Real Personal Income Projections (in billions) Year 2013 2014 2015 2016 2017 2018 Real Personal Income $204 $208 $216 $224 $230 $233 CT Population Projections (in millions) Year 2013 2014 2015 2016 2017 2018 Population 3,596 3,599 3,607 3,617 3,627 3,638 CT Industry Employment Projections Job Super Sectors 2013 2014 2015 2016 2017 2018 Manufacturing 163.8 163.8 167 168.3 167.9 166 Construction 53.9 56 57.7 60.1 61.3 61.1 Trade, Trans., Util. 299 302.9 305.2 306.1 306.5 305.7 Information 31.9 31.6 32 32.3 32.8 33 Financial Activities 131.6 130.5 133 135.1 136.9 136.2 Professional Services 204.8 207.2 212.8 218.5 224.3 226.9 Education/Health Services 322.1 326.7 329.8 334.9 340 343 Leisure/Hospitality 147.5 152.1 154.5 157.2 159.5 160.1 Federal Gov't 17.3 17.3 17.1 16.9 16.9 17 State Gov't 66.9 65.5 66.8 67.5 68 68.8 s o u r C E : n E w E n g L A n d E C o n o m i C p A r t n E r s h i p o C t o B E r 2 0 1 4 F o r E C A s t

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