University of Connecticut General Obligation Bonds 2023 Series A and Refunding Series A
State of Connecticut's Strong Demographics and Resilient
Economy
UCONN
STATE OF CONNECTICUT
BUSTINET
TRANSTULIT
TREASURER'S OFFICE
■ Connecticut has a resilient economy due in part to its diverse industry composition, educated workforce, high per capital income, and
extensive transportation network
High Per Capita Income (CY)(5)
Extensive Transportation Network
$90,000
■ Modern transportation network provides easy access to local, regional, and
international markets utilizing expressways, major arterial highways, Bradley
International Airport, deep draft harbors, bus, and rail systems(1)
Diversified Manufacturing Industry
$80,000
$70,000
$60,000
Leading producer of aircraft engines and parts, submarines and helicopters - 4th
ranked state in defense dollar award and 1st ranked in per capita dollars awarded
in FFY 2021, with large employers including Raytheon Technologies, Lockheed
Martin, and General Dynamics' Electric Boat Division (2)
$50,000
$40,000
$30,000
■ Services as well as finance, insurance, and real estate ("FIRE”) accounted for
58.6% of FY 2021 non-manufacturing employment in the State (3)
$20,000
Highly Educated Workforce
$10,000
■ Ranked 6th nationally (2021), with 40.6% of the population aged 25+ holding a
bachelor's degree or higher, and home to over 45 colleges and universities(4)
$0
2012
2013
2014
160%
107% 130%
140%
2015
2016
2017
2018
2019
2020
2021
120%
100%
80%
60%
40%
20%
0%
90
High Per Capita Income
Connecticut Per Capita Income
■ The State's per capita income has historically been among the highest in the nation, including 2021, where the
State ranked #2 at $83,278 (130% of the national average) (5)
Home to 15 Diverse
Fortune 500 Companies(1)
EMCOR
xerox
StanleyBlack&Decker
BOOKING OTIS
OTIS
HOLDINGS
As % of New England
As % of U.S.
Cigna
Berkley
Rentals
synchrony XPOLogistics Amphenol
United GXO Charter D
อ
THE
HARTFORD
COMMUNICATIONS
FRONTER
(1)
POS Part II p. II-B-2
(2)
POS Part II pp. II-B-12, II-B-13, II-B-14
(3) POS Part II p. II-B-15
(4) POS Part II p. II-B-2
(5) POS Part II pp. II-B-4, II-B-5
University of Connecticut | State of Connecticut 13View entire presentation