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Connecticut: State Fiscal Distress

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State Fiscal Distress

Measures of State Economic Distress: Housing Foreclosures and Changes in Unemployment and Food Stamp ParticipationCompare
 CT
US
Foreclosure Rate September 2009 (1/every X housing unit)674372
Foreclosure Rank24NA
Percentage Point Change in Monthly Unemployment Rate October 2008-20092.7%3.6%1
Unemployment Change Rank34NA
Percent Change in Monthly Food Stamp Participation August 2008-200924.0%23.9%2
Food Stamp Change Rank27 (tie)NA
Rank across All Measures30 (tie)NA
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State Budget Shortfalls, SFY2009Compare
 CTUS
Facing a Budget Gap?Yes45+DC
Gap Before Budget Adopted (in millions)$150$46,800
Additional Mid-Year Gap (in millions)$2,500$63,100
Total Gap (in millions)$2,700$109,900
Total Gap as % of FY2009 General Fund15.5%15.2%
Notes/Sources(show)

State Budget Shortfalls, SFY2010Compare
 CTUS
Facing a Budget Gap?Yes48+DC Yes
Gap Before Budget Adopted (in millions)$4,200$139,400
Additional Mid-Year Gap (in millions)$0$27,900
FY2010 Total Gap (in millions)$4,200$167,600
Total Gap as % of FY2010 Budget23.9%24.3%
Notes/Sources(show)

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