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Connecticut

In: The State Economic Handbook 2010

Author

Listed:
  • Scott D. Watkins

    (Anderson Economic Group, LLC)

  • Patrick L. Anderson

    (Anderson Economic Group, LLC)

Abstract

Connecticut, located in the Northeast, New England region of the United States, has a population of 3.5 million people, making it the twenty-second least populous state in 2007. The state’s population increased by 96,744 people from 2000 to 2007, and is projected to increase to 3.7 million by 2025. This 0.3% projected annual growth rate compares to the projected national average of 0.8%. From 2006 to 2007 the state’s population declined by 0.1%. Per capita personal income in Connecticut was $54,984 in 2007, up from $50,787 in 2006. For 2007, this was the highest in the country and $16,420 above the national average. From 2000 to 2007 the per capita income in Connecticut grew at a compound annual rate of 4.1%, compared to 3.7% nationally.

Suggested Citation

  • Scott D. Watkins & Patrick L. Anderson, 2009. "Connecticut," Palgrave Macmillan Books, in: Scott D. Watkins & Patrick L. Anderson (ed.), The State Economic Handbook 2010, pages 35-39, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10212-5_8
    DOI: 10.1057/9780230102125_8
    as

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