Consumer spending in Conn. among the highest in US

HARTFORD, Conn. (AP) — Federal statistics show consumer spending in Connecticut in 2012 was among the highest in the nation and has rebounded since the end of the recession.

Numbers released Thursday by the U.S. Department of Commerce show consumer spending per person was $45,800 in 2012. It was the second highest in New England, surpassed by Massachusetts where per-person spending was $47,308.

Consumer spending in Connecticut rose 10 percent to 2012 from 2009 when the recession ended.

The federal agency also reported that Connecticut was No. 3 in the nation in consumer spending on housing and utilities, at $9,524 in 2012. It followed Washington, D.C., and Hawaii.

Affordable housing has long been an issue in Connecticut.

And Gov. Dannel P. Malloy and the legislature have enacted energy-related legislation since 2011 intended to cut Connecticut’s high electricity costs.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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