Connecticut

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 35-39 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. Connecticut, located in the New England region of the United States, has a population of 3.4 million people, making it the twenty-second least populous state in 2005. The state’s population decreased by 10,814 people from 2000 to 2005, but is projected to increase to 3.7 million by 2025. This 0.4 percent projected annual growth rate is under the projected national average of 1.0 percent. Per capita personal income in Connecticut was $47,519 in 2005, the highest in the country and $13,024 above the national average. From 2000 to 2005 per capita income in Connecticut grew at an average annual rate of 2.8 percent, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Business Climate (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230607248_8

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