Clinton/Gore '96

State by State Information

Connecticut



OPENING NEW MARKETS
TO CREATE JOBS FOR U.S. WORKERS


export graph jobs graph

*
Connecticut recorded goods exports totaling $13.7 billion in 1995, up 25 percent ($2.8 billion) from 1993. During 1995, Connecticut was the 12th largest state exporter of goods.
*
Connecticut’s jobs supported by goods exports grew an estimated 14 percent (21,015 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
*
In 1991, the latest year available, Connecticut’s exports accounted for 25.9 percent of its manufacturing output and represented 24.2 percent of its total manufacturing employment.
*
Connecticut’s exports of manufactured products were up by 23 percent between 1993 and 1995 (from $8.7 billion in 1993 to $10.7 billion in 1995).
*
The five largest manufacturing sectors in terms of Connecticut’s exports were: Chemical Products ($3.0 billion of exports in 1995), Transportation Equipment ($1.8 billion), Industrial Machinery and Computers ($953.0 million), Electronic and Electric Equipment ($773.8 million), and Scientific and Measuring Instruments ($735.5 million). These five sectors accounted for over 53 percent of the state’s total exports in 1995.
*
Among Connecticut's fastest growing manufactured exports (in millions) were:
Sector 19931995Change
Primary Metal Industries$314.8$563.979%
Petroleum and Coal Products$387.2$604.256%
Paper Products$506.1$707.040%
Chemical Products$2,245.9$3,055.036%

*
Connecticut is the country’s 42nd largest agricultural exporting state, shipping $42.5 million in agricultural exports abroad in 1994 (latest year available for Department of Agriculture state export data). Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from Connecticut in 1995 will likely range between $47 million and $54 million.
*
Total exports from Connecticut to NAFTA countries increased by 5 percent between 1993 (pre-NAFTA) and 1995 (from $2.0 billion in 1993 to $2.1 billion in 1995). During 1995, Canada was Connecticut’s largest export market, while Mexico was Connecticut’s 12th largest export market. Exports to Canada were up by 6 percent ($0.1 billion) from $1.7 billion in 1993 to $1.8 billion in 1995. Connecticut’s exports to Mexico were down by 4 percent ($15.3 million), from $363.6 million in 1993 to $348.3 million in 1995.
*
During 1995, Japan was Connecticut’s second largest export market. Total exports from Connecticut to Japan were up 33 percent ($314 million), from 950.8 million in 1993 to $1.3 billion in 1995.
*
Total exports from Connecticut to the European Union were up 28 percent ($0.8 billion), from $2.8 billion in 1993 to $3.6 billion in 1995.




Paid for by Clinton/Gore ’96 General Committee, Inc.