View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ENTRAL MISSISSIPPI VALLEY
ONOMIC INDICATORS

C O L U M B IA
ST. L O U IS '
EV A N S V I L L E
LOUISVILLE

O SPR IN G FIELD

O FAYETTEVILLE-SPRINGDALE

F O R T SMITH

M EM PH IS
L IT TL E ROCK

PINE B LU F F

TEXARKANA

1ST QUARTER 1980




Prepared by Federal Reserve Bank of St. Louis
Released: August 25, 1980

D A TA DESCRIPTION

Selected economic data for the Central Mississippi Valley (C M V ) are generally
provided for five states and eight metropolitan areas which are entirely or partially within
the Eighth Federal Reserve District. In addition, Federal Reserve member bank data are
provided far three smaller SMSAs (Standard Metropolitan Statistical Areas) and fa* all
seven states and nonmetropolitan areas within the Eighth District portion o f these states.
Also, the metropolitan summary of population includes 13 SMSAs in the C M V .
Metropolitan areas refer to the 1973 SMSA definitions, except where noted, and states in
some cases refer only to the Eighth District portion of the state. The latest data for
some series are preliminary and will be revised as final figures are received.

Income and Trade Indicators
Personal income and department store sales data are from the U.S. Department
o f Commerce. In April 1977, numerous revisions were incorporated into the department
store series, including boundary redefinitions for SMSAs. A ll agricultural data are from
the U.S. Department o f Agriculture.

Employment Indicators
Employment data are from the respective state Employment Security O ffices
and the United States Department o f Labor. Data for Memphis include only Shelby and
Tipton counties in Tennessee and Crittenden County in Arkansas. Total employment,
unemployment, and labor force are based on household (place-of-residence) data. Payroll
employment data, which include manufacturing, non manufacturing, and hours and earnings
in manufacturing, are based on establishment (place-of-work) data.

Productioi and Price Indicators
Consumer price indices are from the U.S. Department of Labor. Electric power
consumptioi data for the Eighth Federal Reserve District are based on reports to this
Bank from various utility and self-generating firms in the District and U.S. data are
obtained from the Board of Governors of the Federal Reserve System. The series Value
o f Construction Contracts Let are from Dodge Construction Potentials, M cGraw-Hill
Information Systems Company. Housing permits are from the U.S. Department of
Commerce.

Financial Indicators
Total loan and deposit data for states, metropolitan areas, and nonmetropolitan
areas are only from member banks in the Eighth District. Such data are averages of the
weekly member bank reports for the month and are not strictly comparable over time due
to withdrawals and additions of member banks (see average number o f member banks,
page 35). Savings and loan data are obtained from the various Federal Home Loan Banks.
These data for the Fort Smith metropolitan area include only those counties in the State
of Arkansas, and fa* St. Louis include only St. Louis City and St. Louis County in Missouri,
and Clinton, Madison, Monroe, and St. Clair counties in Illinois.




2

SUMMARY OF CE NTR A L MISSISSIPPI V A L LE Y ECONOMIC A C T IV IT Y

Business activity in the Central Mississippi Valley (C M V ) declined sharply from
the first to the second quarter of this year, following four quarters of modest increases.
Both consumer spending and production declined dramatically in the Spring months. For
example, U. S. department store sales declined at an 8 percent rate in the three months
ending in May from the average of the three previous months. Sales fell at an even faster
rate (13 percent) in the CM V metropolitan areas. According to two proxies of production,
payroll employment and electrical power consumption, the decline in the region was
somewhat more severe than in the nation. Payroll employment in the five C M V states
fell at a 10.2 percent annual rate in the second quarter, compared with a 2.9 percent rate
o f decline in the nation. Electrical power consumption in manufacturing and mining fell
at a 38 percent annual rate in the C M V in the second quarter, compared to a 14 percent
rate of decline in the United States.
The second quarter decline in economic activity was widespread among
economic sectors and among the various C M V cities and states. According to payroll
employment statistics, most of the slowing prior to the second quarter had been confined
to the manufacturing of transportation equipment, nonelectrical equipment, and lumber
and furniture. While second quarter declines in each of these sectors were more rapid
than the decline in previous quarters, employment in transportation equipment
manufacturing has declined for five quarters, to 78 percent of the peak level.
Nonelectrical machinery employment has declined for four quarters to 94 percent of the
peak, and employment in the lumber and furniture industry has declined for six quarters,
to 89 percent of the peak. Besides these important C M V industries, employment in
several other major manufacturing industries registered sizable rates of decline from the
first to the second quarter including chemicals (-9.5 percent), food (-19.3 percent),
textiles, apparel, and leather (-6.8 percent), and paper and printing (-6.8 percent). Among
nonmanufacturing activities, construction employment was down at a 45 percent rate in
the second quarter, compared with a 4.2 percent rate of gain in the previous year.
All the CM V states and cities experienced sizable declines in payroll
employment in the second quarter. Judging from payroll employment data, the economic
decline in the states was actually slightly more rapid than in the cities. In the past year,
however, four of eight CM V metropolitan areas (St. Louis, Louisville, Evansville, and Fort
Smith) showed declines in payroll employment, whereas the remaining cities and all the
CMV states registered small to moderate gains.
Along with the decline in general economic activity, financial activity in the
CM V states also slowed substantially. Mortgage loans outstanding at savings and loan
associations were virtually unchanged from first to the second quarter, and member bank
loans actually fell somewhat. Deposit growth in the second quarter also slowed, with
total deposits at member banks declining slightly while deposits at savings and loan
associations rose only slightly.
In the agricultural sector, dry hot weather in late June and July reduced
prospects for crop production. The reduction was more severe in the C M V states of
Missouri and Arkansas than in the nation as a whole. For example, the Missouri corn crop
is estimated to be down about 60 percent from the 1979 crop, whereas the U.S. crop is
expected to be down only about 14 percent from the record 1979 crop. Soybean
production in Arkansas and Missouri is estimated to be down 43 and 37 percent,
respectively, from a year ago. Partially as a result of declining crop prospects, crop
prices have risen in recent months. July prices averaged almost 9 percent above April
prices, although they still remain somewhat below year ago levels.




3

INCOME AND TRADE INDICATORS

PERSONAL

INCOME

SEASONALLY ADJUSTED
INDEX:

1971-100

1971 - 1 0 0
280

1971-100
280

240

240

200

200

160

160

120

120

ARKANSAS

280

280

240

240

200

200

160

160

I 20

1 20

KENTUCKY

M ISSISSIPPI

TENNESSEE

2 80
2 40
200

I 60
I 20
LATEST DATA PLOTTED: 1ST QUARTER




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

4

INCOME AND TRADE INDICATORS

PERSONAL

I NCOME

SEASONALLY ADJUSTED
INDEX!

COMPOUNDED ANNUAL
RATES OF CHANGE

1971-100

4TH OTR 1979
TO
i S L QTR 1980

1ST QTR 1979
TO
1ST QTR 198Q

4TH
QUARTER
1979

1ST
QUARTER
1980

234.2

240.4

11.0

11.0

242.4

249.2

11.6

10.0

ARKANSAS

259.7

266.4

10.8

7.1

KENTUCKY

249.6

255.4

9.6

9.1

M IS S IS S IP P 1

254.6

259.9

8.7

11.2

M ISSO U RI

223.2

229.5

11.8

10.3

TENNESSEE

250.0

258.8

15.0

11.3

UN ITED

STATES

CMV S T A T E

SUMMARY

STATE SUMMARY—PERSONAL INCOME
COMPOUNDED ANNUAL RATES OF CHANGE______________
QUARTER
2-76

_

INITIAL <QUARTER

T E R M IN A L

1—76

.2—76

3-'76

4^76

1-77

2-77

3-77

4-77

2-78

1-78

3-78

197WPP4-78

1-79

2-79

3-79

4-79
_ ..

6.®
7.A

B.. 0

4.7A

o_n

in.,1

17 ,7

1-77

10.0

11., 0

1? .5

2-77

1 0 .3

1 1.

1? .3

17.,3

11.7

3-77

to.A

1 1.,4

17 .7

17.,7

11.9

12.1

172.5
177.8

17.,9

182.8__
188.1

A-77

11.0

11.,7

17 .5

17..6

12.5

12.9

13.6

1-78

10.6

11..1

11 •6

11.,3

11.2

11.0

10.5

7.4

2—7®

1 1 .A

1 ?.. 0

17 ■6

17.,7

12.6

12.9

13.1

12.8

18.6

3-7®

11.5

1?..1

1?!■6

12.,7

12.6

12.®

13.0

12.8

15.5

4-78

11.®

17.,3

17,•A

17.,9

12.9

13.0

13.2

13.1

15.1

13.4

14.3

1-74

11.9

1 7.,4

1?!■A

17.,9

12.9

13.0

13.2

13.1

14.6

13.3

13.6

13.0

2-79

11.4

11.,A

1? •1

17..1

12.0

12.1

12.1

11.8

12.7

11.3

10.9

9.2

5.6

3-79

11.3

11.,7

1? •0

17..0

11.9

11.9

11.9

11.6

12.3

1 1.1

10.8

9.6

8.0

10.5

4-—79

11.4

11.,7

17 •0

12..0

11.9

11.9

11.9

11.7

12.4

11.3

11.1

10.3

9.5

11.5

12.4

____ 1-80___ 11.4

11..7

12 .0

12..0

11.9

11.9

11.9

11.7

12.3

11 .A

11.2

10.6

10.0

11.5

12.1

11.7

1-76

2-76

3- 76

4-76

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79




164.4__
_ 167.6

194.2
197.7
206.3
12.6

212.5
219.7
226.5
229.6
235.4
242.4
249.2

INITIAL iQ UARTER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

5

INCOME AND TRADE INDICATORS

DEPARTMENT STORE SALES
SEASONALLY ADJUSTED
INDEX:

1971-100

190

270

_________

------------X

I 10
30

1971-100
350

1_________

1971-100
350 ------------- 1i------------- u.s.
_____
SMSA'S
270

■. i ■ ■ i. ■ i ■ ■ .. i .........
1975
1974




190
1 10

.... . , i.. 1 1 1 1 1 1 1.1 1 1 1 ■ ■ 1111 ■ 11 ■ 1 ■ ■ 1 ■ ■ 1 ■ ■ 1 ■ ■ 11 L.1-L 1 1 1 1 111976
1977
1978
1979
1980

L I T T L E ROCK - NORTH L I T T L E ROCK:

30

AR
350
270
190
110
30

350
270
190
H

1 10
30

6

INCOME AND TRADE I N D I C A T O R S

DEPARTMENT STORE SALES
SEASONALLY ADJUSTED
INDEX:

UN ITED

STATES

CMV M E T R O P O L I T A N

SUMMARY

FORT S M I T H : A R - O K
L I T T L E ROCK-NORTH
L I T T L E R O C K : AR
LO U IS V ILLE : K Y -IN
M EM PH IS: T N -A R -M S
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING MAY 1980

I97I-IOO

FROM SAME
MONTHS A
YEAR AGO

MARCH
1980

APRIL
1980

MAY
1980

FROM PREVIOUS
3 MONTHS

213.6

210.9

218.3

-7.8

5.5

191.6

187.6

199. 1

-12.8

3.7

323.2

309.9

348.7

-17.5

8.6

312.9

312.2

329.8

10.9

5.7

176.6

166.6

182.3

-13.4

172.2

184.6

-10.3

185.9

168.0
183.7

1 .4
4.7

194. 1

-3.3

3.9

205.2

203. 1

214.8

-11.6

-1.2

X DATA NOT COMPARABLE, SEE INCOME AND TRADE INDICATORS, PAGE 2

U.S. DEPARTMENT STORE SALES
COMPOUNDED ANNUAL RATES 1OF CHANGE
TERMINAL
QUARTER

1971*100

INITIAL QUARTER
1-74

2-76

3-76

4-76

1-77

2-77

3-77

4-77

2-78

1-78

3-78

4-78

1-79

2-79

3-79

4-79
142.9

2-T&

2.4

3-76

A.9

11.*

4-78

10-7

14.9

18.6

1-TT

9-5

11.9

12.2

6.1

?-77

12-9

15.7

17.1

16.4

27.7

^-77

14.4

17-2

18.7

18.7

25.5

23.3

146.8
153.2
155.5
145.3
174.2

4-77

15-1

17.3

18.5

18.5

22.9

20.6

17.8

l-7«

11.8

13.5

16.2

15.7

18.2

15.2

11.3

5.2

2-78

14.0

15.6

16.2

15.8

17.8

15.4

12.9

10.5

16.1

181.5
183.8
190.8

5-78

13.3

14.6

15.0

14.4

15.9

13.7

11.4

9.3

11.4

6.9

4-71

12.4

13.6

13.9

13.3

14.4

12.3

10.2

8.4

9.5

6.3

5.7

1-79

12.0

12.9

13.0

12.4

13.2

11.3

9.4

7.8

8.4

6.0

5.5

5.4

2-79

11.7

12.5

12.7

12.1

12.7

11.0

9.4

8.0

8.6

6.8

6.7

7.2

9.1

194.0
196.7
199.3
203.7

3-79

12.1

12.9

13.0

12.5

13.2

11.7

10.3

9.3

9.9

8.8

9.2

10.4

13.0

17.1

A —79

12.1

12.8

12.9

12.5

13.1

11.7

10.5

9.6

10.2

9.3

9.8

10.8

12.7

14.5

12.0

1-80

11.2

11.8

11.9

11.4

11.8

10.5

9.3

8.4

8.8

7.7

7.9

8.3

9.1

9.1

5.3

-1.1

1-76

2-76

3-76

4-76

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79




211.9
218.0
217.4

INITIAL QUARTER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

7

INCOME AND TRADE INDICATORS




FARM CASH R E C E I P T S
SEASONALLY ADJUSTED
INDEX: 1971-100

ARKANSAS

M ISSISSIPPI

MISSOURI

TENNESSEE

8

INCOME AND TRADE INDICATORS

FARM CASH R E C E I P T S
SEASONALLY ADJUSTED
__________ INDEX-. 1971 = 100________

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING MAY 1980
FROM SAME
MONTHS A
FROM PREVIOUS
YEAR AGO
3 MONTHS

MARCH
1980

APRIL
1980

MAY
1980

271.9

279.9

281 .5

6.3

15.7

260.9

223.9

248.8

-22.0

-4.2

ARKANSAS

245.2

276.5

307.9

-3. 1

KENTUCKY

268.3

262.8

237.2

10.8

-1.5

M IS S IS S IP P I

227.0

192.1

201 .9

-41 .4

-6.0

M ISSOU RI

320.9

232.0

267. 1

-3.0

1 .9

TENNESSEE

301 .5

283.7

299.3

48.8

8. 1

UN ITED

STATES

CMV S T A T E

S UMMARY

4.4

STATE SUMMARY-FARM CASH RECEIPTS
CQMPOUNOEO ANNUAL RATES OF CHANGE

1-76
2-76

1971*100

INITIAL iQ UARTER

TERMINAL
QUARTER
2-76

3-76

6-76

1-77

2-77

3-77

6-77

1-78

2-78

3-78

6^78

1-79

2-79

3-79

6-79
193.1

75.0

171.6

3-76

6.2 -37.9

6-76

11.9 -10.5

29.1

1-77

6.3 -10.0

8.3

-9.1

2-77

6.9

-7.7

5.3

-6.9

-0.6

3-77

7.6

-2.6

9.0

3.0

9.6

20.7

182.7
178.6
178.2
186.8

6-77

9.6

1.6

11.8

7.9

16.2

22.3

23.9

1-78

11.2

*•2

13.6

10.7

16.3

22.5

23.6

22.8

2-78

12.8

6.8

15.6

13.3

18.6

23.6

26.6

26.9

27.1

3-78

11.0

5.5

12.8

10.6

16.3

17.5

16.7

16.6

10.6

197.1
207.5
220.3
-6.1

218.0

6-78

11.7

6.8

13.6

11.6

16.9

17.7

17.1

15.6

13.1

6.6

18.6

1-79

16.2

11.9

18.7

17.6

21.6

26.9

25.6

26.0

26.8

26.7

65.7

78.9

2-79

13.8

9.8

15.7

16.6

17.6

19.8

19.7

19.0

18.3

16.2

23.8

26.5 -10.5

3-79

12.5

8.7

13.9

12.7

15.1

17.0

16.5

15.5

16.3

11.9

16.3

15.6

227.5

6-79

10.1

6.5

11.1

9.7

11.6

12.8

12.0

10.6

8.9

6.2

1-80

12.9

9.7

16.2

13.2

15.2

16.8

16.6

15.6

16.7

13.0

ib.2

15.7

1-76

2-76

3-76

6-76

1-77

2-77

3-77

6-77

1-78

2-78

3-78

6-78




263.1

-7.1

255.9
-3.5

253.6

hm9 - T W O ' -11.3 -18.6
3.8

261.0

15.9

66*7

1— T9 _2 - r* _ 3-79

6-79

9.0

273.0

INITIAL lQUARTER

PREPARED 8Y FEDERAL RESERVE BANK UF ST. LOUIS
AUGU S T > 1980

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

9

EMPLOYMENT INDICATORS

TOTAL

EMPLOYMENT

SEASONALLY ADJUSTED
I NDEX: 1 9 7 1 - 1 0 0
100

135
125
115
105
95

135
125
115
105
95

KENTUCKY

M ISSISSIPPI

MISSOURI

135
125
1 15
105
95

TENNESSEE

135
125
1 15
105
95

LATEST DATA PLOTTED: JUNE



PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

10

EMPLOYMENT INDICATORS

TOTAL

EMPLOYMENT

SEASONALLY ADJUSTED
__________ INDEX:

FROM SAME
MONTHS A
YEAR AGO

MAY
1980

JUNE
1980

FROM PREVIOUS
3 MONTHS

122.8

122.6

0.5

119.7

122.0
118.7

-3.5

120.9

-6.4

-0.3

114.4

114.1

113.4

-4.8

-1.6

126.8
122.8

125.5
125.3

125^3
123.0

-3.4
-14. 1

-0.4
-4.3

134.9
125.3

134. 1
123.9

132.9
124.8

-1 .5
3.6

0.6
0.2

124.9
121.6
115.9

122.5
120.5
114.9

121.1
120. 1
113.4

-18.1
-10.8
-13. 1

-0.6
-3. 1
-0.5

APRIL
1980

UNITED STATES
CMV S T A T E SUM MA RY
CMV M E T R O P O L I T A N S UM MA RY
ARKANSAS
FORT S M I T H : A R- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
E V A N S V I L L E : 1N - K Y
LO UISVILLE: K Y -IN
M IS S IS S IP P I
M ISSOURI
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
M EMP H IS : T N - A R

1971*100________

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

127.8

127.5

126. 1

-2.8

1.6

115.7
I 10.2
135.0

114.9
1 10.0
135.5

115.0
109.7
135.0

-0,7
-0.7
2.4

-0.8
-2.5
-0.7

117.5
107.5

1 16.8
107.8

1 14.9
106.9

-8. 1
-5.7

-0.9
-0.6

STATE SUMMARY-TOTAL EMPLOYMENT
COMPOUNDED ANNUAL RATES OF CHANGE__________________________________
TERMINAL
QUARTER

1971*100

INITIAL QUARTER
1-76

2-76

2-74

2-2

3-74

1.1

0.0

4-74

1.4

1.3

1-77

2.9

3.1

3—76

4-76

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79

1-80
111*2

____ 2=12___ — 3*7-__4*1

111*2
111*9

2.5

-

4.7

7.0

5*6

7*1___ 7*2

113*8
______________

115*8_______

3=11______ 3*5_____2*2_____ 4*2____ 2*4_____ 4*4_____ 1*1__________________________ ___________ _______________________ ____________ _________________________ _______________________________________________ 114* 4.

-

4=22

2*4
_____
T 1 A_____
-- 2*2_____ L *2____ 0*2_____________________________________________________________________________________________________________________ ____________________ 114*2
A M M_____
__ --4*1
28U ____
-- ■2*2
_ --2*4
i i f c_

______
------.M._________
___

1-78

2.7

2.7

3.2

3.3

2.5

0.9

0*3

0*3

2-78

2.6

2.7

3.0

3.1

2.4

1.2

0.9

1.2

2.1

116*6
117*2

3-78

2.6

2.6

2.9

3.0

2.3

1.4

1*2

1.5

2.1

2.1

4-78

2.7

2.7

3.1

3.1

2.6

1.8

1.8

2.1

2.8

3.1

4.1

117.8
119.0

1-79

2.8

2.8

3.1

3.2

2.7

2.1

2.1

2.4

2.9

3.2

3.8

3.4

2-79

2.6

2.6

2.9

2.9

2.5

1.9

1*9

2.1

2.- _ 2.6

2.7

2.0

2 *.7.

2*7

2*2

1.7

2*1

_2*1

____ 3=79-

2*4

2*4

_

-

-1*7 .._1*9_ 2*1

_

120.0
0.7

120.2

-1*5- __ 0*5 _____ 0*3__________________________ - ___________________________ ________ 120*3____

2.5 ___ 1*2___2*2 ___ 2*2___1*8___ 1*8___ 2*0___ 2*2___ 2*2___ 2*2___ 1*0___ 1*2___ 1.5

4-79

2.%

1-80

2,4___2*5___ 2*4___2*4 ___ 2*2___1*5___ 1*0___ 2*0___ 2*2___ 2*2___ 2*2___ 1*5___ 1*5___ 1.8

____ 2-80

2.0 __2.0 __1.6 __ 1.1 __ 1.1 __ 1.1

__ 1.9 __ 1.9
1-76

2-76

3-76




4-76

1-77

2-77

3-77

4-77

2.7 ________________________________ 121,1
2.5

2.3___________________________ 121*0

1.2

1.1

1.0

0.4

-0.1

-0.3

-0.6

=2*1

=6.4

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79

1-80

119*8

INITIAL QUARTER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EMPLOYMENT INDICATORS

UNEMPLOYMENT RATE
SEASONALLY ADJUSTED
PERCENT
-

PERCENT

u.s.

1
1

_____

STATES

y

—

A

-u.il quin
1974




.....

--------

___

.. ■
i■
. ■
. i . 11Mi ■
i gqiilu.il ■. 11111111.1 ■
111111111
1

1975

1976

1977

1978

1979

■■
1■
■
1■
■
1■
■

1980

ARKANSAS

M ISSISSIPP I

12
9

6
3
0

MISSOURI

TENNESSEE

12
9

6
3
0

12

EMPLOYMENT INDICATORS

UNEMPLOYMENT RATE
SEASONALLY ADJUSTED
PERCENT
MONTHLY AVERAGE
3 MONTHS ENDING

UNITED STATES
CMV STATE SUMMARY
CMV METROPOLITAN SUMMARY
ARKANSAS
FORT S M I T H : A R- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR

KENTUCKY

EVANSVILLE:
LO UISVILLE:

IN-KY
KY-IN

MISSISSIPPI
MISSOURI

S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO

TENNESSEE
M EMP HI S:

T N -A R

JUNE

JUNE

ISM

198P.

MARCH
1980

APRIL
1980

MAY
1980

7.0

7.8

7.7

7.5

6. 1

7.4

5.9

7.5

6.6

7.5

6.8

7.6

8.0
7.9

6.4
9.3

7.9
10.5

8.3
11.7

7.6
10.5

6. 1
5.7
6.5

4.5
4.9
6.7
7.5
6.8

5.4
5.9
7.7
8.9
7.7

5.6
6. 1

5.2
5.6

3.9
5.1

7.8
8.5
8.5

7.4
8.3
7.7

5.9
6. 1
5.9

7.0

7.3

7.8

7.4

6.4

6.6
7.7
5.0

7.6
8.5
5.7

7.7
8.6
5.6

7.3
8.3
5.4

5.7
6.8
4.5

6.6
5.8

7.3
5.9

8.2
6.6

7.4
6. 1

6.0
5.7

CIV IL IA N

LABOR FORCE

SEASONALLY ADJUSTED
THOUSANDS OF PERSONS

UNITED STATES
CMV STATE SUMMARY
CMV METROPOLITAN SUMMARY
ARKANSAS
FORT S M I T H : AR- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR

KENTUCKY

EVANSVILLE:
LOUISVILLE:

IN-KY
KY -IN

MISSISSIPPI
MISSOUR1

S T. L O U I S : M O - 1L
S P R I N G F I E L D : MO

TENNESSEE

M EMP HI S:




TN-AR

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980
FROM SAME
MONTHS A
YEAR AGO

APRIL
1980

MAY
1980

104,418.9

105,141.9

104,541.9

2.0

7,908.3

7,906.8

7,877.2

-0.5

1 .9

2,449.1
958.7
80.8

2,461.5
963.7
83.5

2,455.4

1 .1

0.9

966.4
83. 1

4.5
2.5

1 .0
-1.4

186.2
38. 1
1 ,599.6
143. 1
423.9
1,022.3

186.8
38. 1

185.6
38.5

1 .4
-0.5

1,586.9
143.9
424.6
1,023.6

1,568.9
142.8
422.4

4.0
5.4
-12.7
-1.9
-6.3

2,324.2
1,093.5
103.8

2,333.5
1,100.4
105.0

2,339.1
1,099.6
104.4

1 .4
6.5
5.7
6.8

1 ,995.0
382.6

1,999.2
384.2

1,986.4
383.5

-2.5
-3.8

JUNE

1980

1,016.8

FROM PREVIOUS
3 MONTHS

2.3

1 .6
-0. 1
2. 1
3.5
2.4
0.8
1 .5
1.1
0.5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

13

EMPLOYMENT INDICATORS

AVERAGE HOURLY EARNINGS
MANUFACTURING

AVERAGE WEEKLY HOURS WORKED
MANUFACTURING

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED
HOURS PER WEEK
48

1

- u.s.
__STATES

—

44
40

-

36
j i l i i l n l u

n b i i n l n

■j 1 1 u L 1 1 1 n

1977

1976

1978

■I I l u l l i l l !

1979

1980

ARKANSAS
—

B _____ _

—

—

__
l l l u l l l l l i

l l l l l l l l l l l

ll l l l l l l l l l

llll-l li i L li

i i

L

l

48
44
--------- -—.
V
m ^

1

' /

_

~

36

J i h i L 1111 -Lllllllllll ■ l l l l l l l l l l l i 111i 11i 11i 1111iJ 111if.’

I u L li.

KENTUCKY

48
44

—

—

—

/

-u L n 1n

1l

i

- L l J-LL 1 1 1 L j- I

i 1 l . u 1 i .l I

l i

l l l l l l l l l l l

40

JlJ-Lllj ill!

n I n l- L ilix

M ISSISSIPP I

■II1 1 1 1 II 1 II

'

r
l l l l i l l lll.L

40
36
ululnln

n 1n l

1 1 1 id r

0

48
44
40

48
44
40
36
0

TENNESSEE
—

-------

—

48
44
40
36

lllllllllll lllllllllll lllllllllll lllllllllll lllllllllll
1977
1979
1976
1978
1980
LATEST DATA PLOTTED: JUNE



14

EMPLOYMENT INDICATORS

AVERAGE HOURLY EARNINGS - MANUFACTURING
SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

DOLLARS PER HOUR

U N IT E D STATES
CMV STATE SUMMARY
CMV MET ROPOLITAN SUMMARY
ARKANSAS
FORT SMITH: AR-OK
LI TT LE ROCK-NORTH
L I TT LE ROCK: AR
PINE BLUFF: AR
KENTUCKY
LOU ISVILLE: K Y - I N
M IS S IS S IP P I
M IS S O U R I
ST. LOUIS: M O - 1L
SPRINGFIELD: MO
TENNESSEE
MEMPHIS: TN-AR

APRIL
1980

MAY
1980

JUNE
1980

7. 1 1

7.15

7.20

FROM PREVIOUS
3 MONTHS

FROM SAME
MONTHS A
YEAR AGO

9.5

8. 1

6.35

6.43

6.46

1 1.6

9.0

7.58

7.71

7.74

1 1.9

8.6

5.62
4.91

5.64
5.61

5.75
5.64

13.8
-12.5

10.5
2.0

6.45
7.42

6.45
7.64

6.57
7.42

14.3
20.7

11.0
15.4

7.18
8.09

7.21
8.24

7.32
8.37

12.8
15.5

7.5
8.6

5.33
7. 15
8.07
6.53

5.31

5.36

7.23
8.14
6.55
6.07
6.86

7.21
8.12
6.44

7.0
8.7
1 1.0
6.9

8.9
8.7
8.7
9.9

6. 1 1
6.90

14.4
20.0

10.3
9. 1

6.02
6.60

AVERAGE WEEKLY HOURS WORKED - MANUFACTURING
SEASONALLY ADJUSTED
MONTHLY AVERAGE
3 MONTHS ENDING

HOURS PER WEEK

U N IT E D STATES
CMV STATE SUMMARY
CMV METROPOLITAN SUMMARY
ARKANSAS
FORT SMITH:

AR-OK

LITT LE ROCK-NORTH
LIT T LE ROCK: AR
PINE BLUFF: AR
KENTUCKY
LOUISVILLE: K Y -I N
M IS S IS S IP P I
M IS S O UR I
ST. LOUIS: M O -1L
SPRINGFIELD: MO
TENNESSEE
MEMPHIS: TN-AR




APRIL
1980

MAY
1980

JUNE
1980

39.8
39.2

39.3
38.7

39.8

JUNE

MARCH

ISM.

ISM

39. 1
38.7

39.4
38.9

40. 1
39.7

38.4

38.9

39.0

40.2

38.6
37.3

38. 1
36.4

38.3
38.0

38.4
37.2

39.9
39.3

39.6
39.7

39.4
40.5

39.5
40.3

39.9
41.4

39.3
40.6
39.3
39. 1
39.9
40.3

38.2
38. 1
38.6

38.6
39.2
38.9
38.7
38.9
39.5

39.2
39.6

38.4
38.3
39.3

39.5
40.8
38.4
38.9
38.6
38.7
38.4
39.0

39.9
40.5
40.7

39.5
39.9

39.3
39.6

38.8
39.9

39.2
39.8

40.1
40.7

39.8

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

15

EMPLOYMENT INDICATORS

PAYROLL EMPLOYMENT -

SELECTED

INDUSTRIES*

SEASONALLY ADJUSTED
INDEX: 1 9 7 2 - 1 0 0

CHEMICAL,

1972-100
140
120

I _ u . l .
flAIKO

PETROLEUM,

AND RUBBER PRODUCTS

1972-100
140

1----------------------------------__________
_

r r r - -----------------------

___ ^

120

—

100

100

80

80

60

1 1 1 1 1 1 1 1 1 .1.1




1 11 1 11 111 11

1 1 1 1 1 1 .1 l 1.1 1

11111111111

11111111111

■ ■ 1 1 1 1 ■ 11 ■ i

«.

1 1 . i . ■ 11 r

60

CONSTRUCTION

TEXTILE,

APPAREL,

AND LEATHER
140
120
100

80
60

16

EMPLOYMENT I N D I C A T O R S

PAYROLL EMPLOYMENT -

SELECTED

INDUSTRIES*

SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

INDEX-. 1972-100
MAY
1980

JUNE
1980

UNITED STATES
C H E M I C A L , PETROLEUM, AND
RUBBER PRODUCTS
CONSTRUCTION
E L E C T R I C A L EQUIPMENT
FOOD AND K IN D RE D PRODUCTS
LUMBER AND F U RN I T U R E
T E X T I L E , A P P A R E L , AND
LEATHER

111.1
1 14.9
1 19.5
96.8
97.6

110.5
114.2
1 17.2
96.7
93.2

108.4
1 12.6
115.5
96. 1
91 . 1

-6.3
-17.5
-7.5
-5.6
-28.7

-4.2
-2.9
0.7
-2.3
-9.4

91.2

90.0

89.3

-6.8

-2.3

CMV S T A T E S UM MA RY
C H E M I C A L , PETROLEUM, AND
RUBBER PRODUCTS
CONSTRUCTION
E L E C T R I C A L EOUIPMENT
FOOD AND K IN DR ED PRODUCTS
LUMBER AND F U RN I TU R E
T E X T I L E , A P PA R E L , AND
LEATHER

119.8
1 14.7
11 1. 1
106.2
92. 1

1 18.9
107.1
107.5
105.8
88.3

117.8
103.0
103.0
104.1
86.2

-9.5
-44.7
-19.3
-6.2
-30.3

-2. 1
-12.0
-5.7
0.8
-9.0

91 .8

90.6

89.7

-6.8

-0.3

109. 1
137.6
123.5
82.7
135.2

104.8
125.6
122.8
79.6
132.8

103.5
119.5
121.3
80.7
133.0

-32.0
-35.0
-7.8
-28.2
-1.2

-1 1.0
-4.4
1 .3
-9.5
3.2

87.7

86.9

85.5

-8.7

-3.2

136.2
1 10.7
90.8
95.6
124.0

132.5
101.5
87.9
95.6
134.3

130.5
99.4
84.7
95.7
133.4

-1 1.9
-56.7
-23.9
-3.3
10.8

-6.3
-18. 1
-7.8
-1 . 1
-7.6

93.7

91.5

90. 1

-16.4

-0.2

123.3
137.9
122.0
96.9

121.5
130.4
122.7
93.0

120.3
123.9
117.8
90.2

-30.5
-25. 1
-3.6
-26.9

-7. 1
-9.6
6. 1
-8.9

99.7
87.8

96.7
82.2

96.0
79.6

-11.1
-30.7

0.5
-23.4

119.8
115.2
91.9
107.0

104.4
114.1
92.4
106.0

95. 1
111.8
91.2
104.1

-54.0
-12.6
-6.7
-8.6

-15.6
-3.4
-2.0
-1.3

86. 1
87.7

85.7
85.0

84.8
85.5

-2.8
-20.2

-1.9
-20.2

1 15.6
110.0
111.1
90.5
122.7

1 16.0
107.5
108.7
88.6
121.1

114.1
104.4
107.9
84.0
121 .6

-9.2
-40.6
-7.7
-35.1
-6.3

-0.2
-6.5
1 .6
-10. 1
1.3

1 18.5

118.1

117.0

-3.0

0.7

ARKANSAS
CONSTRUCTION
E L E C T R I C A L EOUIPMENT
FOOD AND K IN DR ED PRODUCTS
LUMBER AND F U RN I TU R E
PAPER AND P R I N T I N G
T E X T I L E , A P P A R E L , AND
LEATHER
KENTUCKY
C H E M I C A L , PETROLEUM, AND
RUBBER PRODUCTS
CONSTRUCTION
E L E C T R I C A L EOUIPMENT
FOOD AND K IN DR ED PRODUCTS
NO N EL E CT R IC AL MACHINERY
T E X T I L E , A P P A R E L , AND
LEATHER
M IS S IS S IP P I
CONSTRUCTION
E L E C T R I C A L EOUIPMENT
FOOD AND K IN DR ED PRODUCTS
LUMBER AND F U R N I TU R E
T E X T I L E , A P P A RE L , AND
LEATHER
T R ANS PORT ATI ON EQUIPMENT
M ISSOU RI
CONSTRUCTION
E L E C T R I C A L EQUIPMENT
FOOD AND K IN DR ED PRODUCTS
PAPER AND P R I N T I N G
T E X T I L E , A P P A R E L , AND
LEATHER
TRA NS PORT ATI ON EQUIPMENT
TENNESSEE
C H E M I C A L , PETROLEUM, AND
RUBBER PRODUCTS
CONSTRUCTION
FOOD AND K INDRED PRODUCTS
LUMBER AND F U RN ITUR E
PAPER AND P R I N T I N G
T E X T I L E , A P PA RE L , AND
LEATHER

FROM PREVIOUS
3 MONTHS

FROM SAME
MONTHS A
YEAR AGO

APRIL
1980

K ALL CATEGORIES ARE MANUFACTURING EXCEPT CONSTRUCTION.
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS



17

EMPLOYMENT INDICATORS

MANUFACTURING EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

SEASONALLY ADJUSTED
INDEX:

1972-100

1972-100
150

1972-100

130
110
90
70

ARKANSAS

150

-

—

130

—

150

_

—

130

—
-

-

-

110

1 10

90
70

90
J - l l l l l l l l n

n l i i l i i l n




■ l i J u L u J i i

11111111111

l l

i i l n l u l n

Ii i I

1I 11 1

n l i i l i i l n

-l l . L l l I i j J l l

LI

1 L I 111 111

L

11 L.l

! I I

1L L

KENTUCKY

TENNESSEE

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

18

70

EMPLOYMENT INDICATORS

M A N U F A C T U R I N G EMPLOYMENT
SEASONALLY ADJUSTED
__________ INDEX-. 1972-100________

UNITED STATES
CMV S T A T E S U M M AR Y
CMV M E T R O P O L I T A N S UMMARY
ARKANSAS
FORT S M I T H : A R- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN -KY
L O U I S V I L L E : K Y - 1N
M IS S IS S IP P I
M ISSO URI
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
M E MP H I S: T N - A R

COMPOUNDED ANNUAL
RATES OF CHAN6E
3 MONTHS ENDING JUNE 1980
FROM PREVIOUS
3 MONTHS

FROM SAME
MONTHS A
YEAR ABO

APRIL
1980

MAY
1980

JUNE
1980

107.6

106.0

104.4

-12.2

105.8

103.3

102.2

-15.6

-5. 1

93. 1

94. 1

-13.0

-8. 1

114.6
111.8

111.1
109.8

91.8
109.7
105.7

-20.8
-39.9

-4.4
-12.7

107.9
102.3

105.9
102.7

104.4
102.4

-17.7
-6.7

-5.0
-3.2

104.9
98.5
88.9

104.2
95.5
91.8

101.1
93.2
86.3

-16.3
-20.0
-15.0

-6.9
-9. 1
-9.6

109.3

105.4

102.8

-20. 1

-6.9

100.5
90.6
102.0
106.7
93.0

98.8
91.6
103.8
103.3
94.8

97.4
90.0
98.5

-12.0
-9.9
-2.7

-6.0
-8. 1
0.4

104.2
94.9

-14.2
-11.4

-3.0
-7.6

-3.8

N ON MA N UF A CT UR I N G EMPLOYMENT
SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

INDEX: 1972-100

UN ITED STATES
CMV S T A T E SUMMARY
CMV M E T R O P O L I T A N S UMMARY
ARKANSAS
FORT S M I T H : AR- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN-KY
L O U I S V I L L E : K Y - 1N
M IS S IS S IP P I
M ISSOURI
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
M E MP H I S: T N - A R




APRIL
1980

MAY
1980

129.0

129.0

128.6

0.3

130.0

128.8

128.0

-8.0
-6.6

JUNE
1980

FROM PREVIOUS
3 MONTHS

122.2

121.5

120.6

136.3
135.2

135.5
140.8

135. 1
138.7

137.3
137.1

137.4
135. 1

136.9
136.7

-2.6

130.7
132.6
125.8
138.3

129.2
133.5
125.3

127.4
132.2
123.8
135.1

123.3
115.5
136.7

122.6

138.0
114.0
136.9

131.7
120.3

130.3

120. 1

121 .9
113.3
136.8
130.7
118.9

FROM SAME
MONTHS A
YEAR AGO
2.7
0. 1
-1 .3

-5. 1

-2.6

1.3
0.9

-3.4

1. 4
1 .2

-14.9
-9. 1
-6.7

-1.9

-8.3
-4. 1

-0.2
-1.0
0.4

-8.0
-8.8

0.2
-2.6
-2.0

-8.4
-7.3

0.2

0.5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

19

EMPLOYMENT INDICATORS

PAYROLL EMPLOYMENT
SEASONALLY ADJUSTED
INDEX: 1972-100

1972-100




1972-100
135
125
115
—

105
95

ARKANSAS

KENTUCKY

135
125
115
105
95

M ISSISSIPPI

MISSOURI

TENNESSEE

20

EMPLOYMENT INDICATORS

PAYROLL EMPLOYMENT
SEASONALLY ADJUSTED
INDEX:

1972-100
1972-100
135

1972-100




125
I 15
105
95

135
125
115
105
95

135
125
I 15
105
95

21

EMPLOYMENT INDICATORS

PAYROLL EMPLOYMENT
SEASONALLY ADJUSTED
INDEX:

COMPOUNDED ANNUAL
RATES OF HAN6E
3 MONTHS ENDING JUNE 1980

1972-100

FROM SAME
MONTHS A
YEAR AGO

APRIL
1980

MAY
1980

JUNE

123.5

122.8

122.1

122.9
114.1
129.4
126.3

121.2

12

4

-10.2

0.9
-1.4

113.8

112.5

127.6
128.9

126.9
125.9

-8.0
-9.7
-17.6

-0.4
-4. 1

U N ITED STATES
CMV S T A T E S UMMARY
CMV M E T R O P O L I T A N S UMMARY
ARKANSAS
FORT S M I T H : A R- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN -KY
LOUISVILLE: K Y -IN
M IS S IS S IP P I
M ISSOURI
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
MEMPHIS: TN-AR

FROM PREVIOUS
3 MONTHS

199Q

-2.9

-2.9

131.4
129.2
123.7
121.3
113.7

131.1
128.0

130.2
128.3

-5.3
-2.5

122.2
120.0
114.3

120.2
118.3
111.6

-15.9
-11.7
-9.0

129. 1

127.5

124.8

-11.7

-1.6

117.4
108.2
127.6

116.3
107.6
127.8
121.2
115.0

115.5
106.7
125.9

-6.3
-8.5
-6.3

-1.3
-4.0
-1.5

121.8
114.1

-9.8
-7.6

-0.6
-1 . 1

123.2
114.8

0.3
0.2
-3. 1
-2.9
-3.4

STATE SUNNARY—TOTAL PAYROLL ENPLOYNENT
______ CONPOUNOEP ANNUAL RATES OF CHANGE____
TERMINAL
QUARTER

1972*100

INITIAL QUARTER
1-76

2-76

3-76

4-76

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79

1-80
108.9

2-76

1.9

3-76

1.9

1.8

A.7A

2.2

2.4

3.0

1-77

2.9

3.2

3.9

4.8

2-77

3.7

4.1

4.9

5.9

7.0

109.4
110.2
111.5
113.4

3-77

3.8

4.2

4.8

5.4

5.6

4.3

6— 77

4.0

4.4

4.9

5.4

5.5

4.8

5.3

1-78

4.0

4.3

♦•8

5.1

5.2

4.6

4.8

4.2

4.9

5.4

5.8

6.0

5.7

6.2

6.7

9.2

2-78

114.6
116.1
117.3
119.9

3-78

4.5

4.8

5.1

5.4

5.5

5.3

5.5

5.6

6.2

3.4

4-78

4.4

4.6

5.0

5.2

5.3

5.0

5.1

5.1

5.4

3.5

120.9
3.7

122.0

1-79

4.3

4.5

4.8

5.0

5.0

4.8

4 a8

4.7

4.9

3.5

3.5

3.3

2-79

4.0

4.2

4.4

6

4.5

4.2

4.2

4.0

4.0

2.8

2.5

2.0

0.7

3-79

3.7

3.9

4.0

4.1

4.1

3.8

3.7

3.5

3.3

2.2

1.9

1.3

0.3

4-79

3.6

3.8

3.9

4.0

3.9

3.6

3.5

3.3

3.2

2.2

2.0

1.6

1.0

1.1

2.3

1-80

3.6

3.7

3.8

3.9

3.8

3.5

3.5

3.3

3.1

2.3

2.1

1.8

1.5

1.7

2.6

0.7

0.3

-0.2

-1.0

-1.4

-1.8

—3*8 ^10*2

2-78

3-78

4-78

1-79

2-79

3-79

4-79

2-80

2.7

2.8

2.8

2.8

2.7

2.3

2.1

1.8

1.6

1-76

2-76

3-76

4-76

1-77

2-77

3-77

4-77

1-78




123.0
123.2
0.0

123.2
123.9
124.8

2.9

121.5

1-80

INITIAL QUARTER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

22

PRODUCTION AND PRICE INDICATORS
PRODUCTION OF SELECTED CROPS

1978

7,086,666
364,110
1,740
119,850
7,560
191,400
43,560

Percent Change
1979 to :

7,763,771
420,540
2,100
132,600
5,720
228,660
51,460

6,645,852
251,560
2,030
120,000
3,780
90,000
35,750

-14.4
-40.2
- 3.3
- 9.5
-33.9
-60.6
-30.5

146,076
66,670
55,470
9,400
1,800

6.9
13.2
12.8
12.1
35.0

1,830,342
381,160
82,260
44,800
82,950
117,600
53,550

-17.1
-33.7
-43.0
-17.0
-30.2
-37.0
-24.3

1,850,832
550,736
433,543
117,193

21.2
22.9
26.3
11.8

12,713
2,385
650
1,280
235
220

-12.5
0.6
7.3
-10.9
49.7
28.7

(1,000 CWT)

RICE
UNITED STATES
CMV STATES
Arkansas
Mississippi
Missouri

133,170
58,941
48,505
9,138
1,298

UNITED STATES
CMV STATES
Arkansas
Kentucky
Mississippi
Missouri
Tennessee

136,6678
58,874
49,157
8,384
1,333
(1,000 Bushels)

SOYBEANS
1,870,181
453,910
115,150
42,300
81,700
157,890
56,870

TOBACCO

2,267,647
574,585
144,200
53,950
118,900
186,795
70,740
(1,000 Pounds)

UNITED STATES
CMV STATES
Kentucky
Tennessee
up lan d

1980 Indicated*

(1,000 Bushels)

CORN FOR GRAIN
:
.;NI“ED STATES
C'v, STATES
Arkansas
Kentucky
Mississippi
Missouri
Tennessee

1979

2,024,369
611,757
469,658
142,099

COTTON

UNITED STATES
CMV STATES
Arkansas
Mississippi
Missouri
Tennessee

1,526,682
447,974
343,145
104,829
(1,000 Bales)

10,762
2,461
660
1,378
188
235

14,531
2,371
606
1,437
157
171

*August 1 forecast




23

PRODUCTION AND PRICE INDICATORS




ELECTRIC

POWER C O N S U M P T I O N

SEASONALLY ADJUSTED
INDEX:

1971-100
100
140
I 20

100

80
60

CHEMICAL,

PETROLEUM,

AND RUBBER PRODUCTS

TRANSPORTATION EQUIPMENT
1 40
120
100

80
60

24

PRODUCTION AND PRICE INDICATORS

ELECTRIC

POWER C O N S U M P T I O N

SEASONALLY ADJUSTED
__________ INDEX: 1971-100________

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980
FROM SAME
FROM PREVIOUS
MONTHS A
3 MONTHS
YEAR AGO

APRIL
1980

MAY

JUNE
1980

123.7

119.9

118.7

-13.6

-5. 1

94.7

1 1 0 .7

106.9

-38.2

-8.8

93.4

109.4

105.8

-37.7

-9.3

DURABLES
E L E C T R I C A L MACHINERY
F A B R I C A T E D METALS
LUMBER AND F U R N I T U R E
N O N E L EC TR I CA L MACHINERY
OTHER DURABLES
PRI MARY METALS
STONE, C L A Y , AND GLASS
TR ANSPORTATI ON EQUIPMENT

103.1
96.2
154.5
111.6
1 09 . 7
147.0
95.3
92.9
94.3

92.8
74.7
142.3
100.8
138.3
135.6
79.7
86.5
91 .2

83.7
76.8
134.8
1 0 3 .7
133.4
133.5
76.6
82.6
87.2

-40.5
-55.7
-33.6
-39.7
1 06 . 7
-24. 1
-61 .5
-43.5
-26.3

-15.2
-20. 1
-2.9
-49.0
-12.2
-4.7
-20.2
-14.7
-17.5

NONDURABLES
C H E M I C A L , PETROLEUM, AND
RUBBER PRODUCTS
FOOD, BEVERAGES, AND
TOBACCO
PAPER AND P R I N T I N G
T E X T I L E , A P P A R E L , AND
LEATHER

88.8

116.5

115.3

-36.6

-7.0

76.6

1 15 . 4

114.8

-43.7

-10.4

127.3
1 23 . 7

1 26 . 2
118.6

119.1
117.6

-21.1
-11.2

93.2

91 .7

87.8

-3.0

3.4

200.6

188.0

175.1

-30.6

17.1

UNITED STATES
TOTAL MANUFACTURING AND MINING
EIGHTH DISTRICT
TOTAL MANUFACTURING AND MINING
MANUFACTURING

MINING




0.0
5. 1

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

25

PRODUCTION AND PRICE INDICATORS

VALUE OF C O N S T R U C T I O N CONTRACTS

L E T *

NOT SEASONALLY ADJUSTED
INDEX: 1 9 7 4 - 1 0 0

RESIDENTIAL BUILDING

NONRESI DENT I AL B U I L D I N G

M ISSISSIPPI

LATEST DATA PLOTTED: 2ND QUARTER




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

26

PRODUCTION AND P R I C E

INDICATORS

VALUE OF C O N S T R U C T I O N C ONTRACT S L E T *
NOT SEASONALLY ADJUSTED
INDEX: 1974-100

TOTAL B U I L D I N G
U N I T E D S TATES
CMV STATE SUMMARY
CMV M E T R O PO L I TA N SUMMARY
ARKANSAS
FORT S M I T H : A R- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN-KY
LO UISVILLE: K Y -IN
M IS S IS S IP P I
M I S S O U R I - EAST
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE - WEST
MEMPHIS: TN-AR-MS
RESIDENTIAL BUILDING
U N I T E D STATES
CMV STATE SUMMARY
CMV M ETRO PO LI TA N SUMMARY
ARKANSAS
FORT S M I T H : AR- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN-KY
LOUISVILLE: KY-IN
M IS S IS S IP P I
M I S S O U R I - EAST
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE - WEST
M E MP H I S: T N - A R - M S
NONRES1DENT 1AL B U I L D I N G
U N I T E D S TATES
CMV STATE SUMMARY
CMV M E T R O PO L I TA N SUMMARY
ARKANSAS
FORT S M I T H : AR- OK
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
EVANSVILLE: IN-KY
LOUISVILLE: KY-IN
M IS S IS S IP P I
M I S S O U R I - EAST
S T. L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE - WEST
MEMPHIS: TN-AR-MS

COMPOUNDED ANNUAL
RATES OF CHANGE
2ND OTR 1979

2ND OTR 1978
TO
2ND OTR 1979

1ST
QUARTER
I9ft0

2ND
QUARTER
1980

146.7
121.0
112.8
130.2
101.1

156.8
150.7
143.5
156.9
131.5

-23.2
-9.3
-12.2
-14.2
8. 1

3.5
-20.4
-14.6
-13.9
-48.0

140. 1
188.2
109.1
152.7
76.4
129.5
127.0
124.8
129.8
115.8
103.9

212.6
7 6. 1
149.9
224.0
90.9
142.7
168.8
170.4
112.0
128.3
121.8

15.3
-76.8
-4.5
-28.6
-30.7
-12.7
-7.8
7.9
-65.8
-10.5
-11.9

16.0
177.8
-28.0
-15.9
-26.8
-28.2
-15.7
-25.0
-2.4
-4.0
3.3

150.4
132. 1
98.3
148.5
99.3

161.2
159.6
121.0
174.5
162.0

-34.6
-19.9
-40.4
-12.4
18.9

-4.1
-28.6
-18.9
-35. 1
-57.4

97.0
110.4
123.8
75.0
64.4
153.6
114.5
111.4
142.4
121.8
109.3

90.5
148.8
147.2
162.9
94.6
176.6
164.1
125.5
104.9
137.0
137.0

-41.6
-42.9
-22.4
-56.4
-46.2
-1.7
-34.8
-44.6
-67.3
-22.9
-24.1

-23.3
32.6
-28.4
-26. 1
-10.9
-42.6
-12.5
-16.0
-30.0
-16.3
-8. 1

142.9
108.4
127.1
106.1
1 0 1 .7

1 5 2 .2
140.7
1 6 5 .7
133.9
73.5

-5.8
9.3
33.6
-17.0
-20.5

1 7. 7
-0.5
-6.8
81.8
24.7

202.0
219.6
91 .7
241.7
88.8
99.0
138.5
137.2
116.3
1 10.1
99.3

388. 1
46.6
153.2
294. 1
8 7. 1
99.5
173.0
211.6
119.5
120. 1
109.1

71.1
-86.9
29.9
19.9
3. 1
-30.4
43.9
123.7
-64.3
8.9
6.5

133. 1
311.5
-27.1
11.1
-47.2
20.3
- 21 . 1
-39.3
64.7
24.2
26.7

2ND OTR 1980

£ USED WITH THE PERMISSION OF DODGE CONSTRUCTION
POTENTIALS, MCGRAW-HILL INFORMATION SYSTEMS COMPANY




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

27

PRODUCTION AND PRICE INDICATORS

HOUSING PERMITS
SEASONALLY ADJUSTED
INDEX:

1974-100

1974-100




1974-100

ARKANSAS

410
310
210
1 10
10

KENTUCKY

M ISSISSIPP I

MlSSOURI

TENNESSEE

28

PRODUCTION AND PRICE INDICATORS

HOUSING PE RM ITS
SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHAN6E
3 MONTHS ENDING JUNE 1900

__________ INDEX: 1974-100
MAY
1980

APRIL
1980

JUNE
1990

FROM SAME
MONTHS A
YEAR AGO

FROM PREVIOUS
3 MONTHS

UNITED STATES

69.8

68.4

85.8

-72.2

-44.9

CMV STATE SUMMARY

67.8

74.2

112.1

-5.0

-33.5

CMV METROPOLITAN SUMMARY

40.0

68.5

79.6

-64.8

-49. 1

ARKANSAS
LITT LE ROCK-NORTH
LITT LE ROCK: AR

125.4

69.6

76.9

-56.8

-37.0

49.9

41.2

51.8

-43.9

-65. 1

KENTUCKY
LOU ISVILLE: K Y - I N

50.0
34.3

91.8
124.3

174.2
59.8

53.5
44.5

-15.7
-16.9

MISSISSIPPI

79. 1

100.5

243. 1

699.2

35.2

MISSOURI
ST. LOUIS: MO-IL

42.4
42.3

50.2
37.8

61.4
79.5

-71.3
-86.3

-62.4
-62.5

TENNESSEE
MEMPHIS: TN-AR-MS

81.2
45.8

76. 1
86.8

89.4
103. 1

-3.8
-16.0

-35.4
-41.0

STATE SUMMARY-HOUSING PERMITS
COMPOUNDED ANNUAL RATES OF CHANGE
TERMINAL
QUARTER

_________1976»100

INITIAL QUARTER
1-74

3-76

2-74

4-76

1— 77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

6-79

1-80_________
___________ 103*9__

7-7A

<43.8

3-7A

—8 -1

A.7A

30-3 118.8 147-1

153.7

1-77

18-7

165.8

82-7

_______ 120*8__

57-1

45.7 -19-0

141.0

7-77

21 -7

55-0

44-7

9.7

48.7

3-77

22-4

49-0

41-4

15-4

37.7

4-77

15-4

34-7

26.8

5.7

15.6

1-7R

7-8

21-7

13-7

-3.8

2-T8

10-1

22-7

15-9

1.1

5-7

-2-9 -11.4

-7.5

3-78

7-5

18-0

11-8

— 1.0

2.3

-5.1 -11.8

-9.4

6.1 -13.1

4-78

7-4

14.9

11.2

-0.1

3.0

-3.1

-5.5

6.4

1-79

—4-4

2-7

-3-4 -13.7 -13.1 -19.5 -25.4 -26.7 -24.8 -37.2 -46.7 -73.4
78.6
43.0

171.1

27.6
1.9-18.6

142.5

0.5 -11-8 -24-7 -33-9

164.5

-8.3

29.6

154.3

-3.6

150.9
7.1

153.5
110.2

2-79

0-3

7.0

2-0

-7.2

-5.8 -11-0 -15.5 -15.0 -10.6 -18.5 -20.2 -31.1

3-79

1.3

7.4

2.9

-5.4

-4.0

4-79

-3.4

1.8

1-80

-9.2

-5-0

-9-3 -16.4 -16.2 -20.5 -26.1 -26.7 -23.5 -29.0 -31.6 -37.2 -22.1 -61.0 -57.6 -63.8

2-80

-8.9

-5.0

—9.0 -15.7 -15.4 -19.3 -22.6 -22.9 -21.6 -26.4 -28.1 -32.7 -19.0 -33.5 -66*5^ -61.6

1-76

2-76

3-76




-2-7 -10.4

4-76

-8.5 -12.2 -11.3

-6.8 -12.8 -12.7 -18.6

-9.6 -13.9 -17.6 -17.5 -16.8 -20.6 -22.0 -27.9

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

127.6
16.5

131.8

0.5 -26.6 -50.6

1-79

2-79

3-79

110.4

6-79

85.8
-5.0

86.7

1-60

INITIAL QUARTER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

29

PRODUCTION AND PRICE INDICATORS

PRICES

RECEIVED

BY FARMERS -

UNITED

STATES

NOT SEASONALLY ADJUSTED

CORN

BEEF CATTLE
350
270
190

1 10
30

BROILERS

RI CE

HOGS

MILK

TURKEYS
350
—

—

270
190

I 10
11111111111 11111111111 11111111111 11111111111 11111111111
1977
1976
1979
1978
1980
LATEST DATA PLOTTED: JUNE



PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

30

30

PRODUCTION AND PRICE INDICATORS

PRICES

RECEIVED

BY FARMERS -

UNITED

STATES

NOT SEASONALLY ADJUSTED
__________ INDEX:

ALL FARM PRODUCTS
ALL CROPS
CORN
RICE
SOYBEANS
TOBACCO
UPLAND COTTON

LIVESTOCK AND LIVESTOCK
PRODUCTS
BEEF CATTLE
BROILERS
HOGS

MILK
TURKEYS

1971-100________

COMPOUNDED ANNUAL
RATES OF CHAN6E
3 MONTHS ENDING JUNE 1980
FROM PREVIOUS
3 MONTHS

FROM SAME
MONTHS A
YEAR A60

APRIL
1980

MAY
1980

JUNE
1990

198.8

201.4

205.9

-13.4

-7.0

201.9

207.4

210.2

3.6

0.0

186. 1
218.6
191.6
192.1
239.8

190.9
213.0
196.0
191.4
244.3

196.4
192.2
201.1
186.3
230.8

1.7
6.4
-24.0
125.9
-18.2

2.2
27.3
-19.5
14.7
2.9

197.3
207.7
163.5
156.2
216.3
155.6

197.3
209. 1
171.5
159.6
214.6
142.4

201.6
211.5
177.3
184.7
212.9
146.0

-25.4
-23.8
-29.0
-49.4
-5. 1
-39.2

-12.0
-14.2
-16.8
-29.3
9.2
-22.1

PRICES-*LL FARM PRODUCTS
COMPOUNDED ANNUAL RATES OF CHANCE_____________________________
TERMINAL
QUARTER
2-76
3 -7 6

4-76

1971-100

___ INITIAL QUARTER
1-76

2-76

3-76

4-76

1-77

2-77

3-77

4-77

1-78

2-78

3-78

4-78

1-79

2-79

3-79

4-79

1-80
__________170.4__

13.7
2-9

-6.9

167.4

-6.9 -15.8 -23.8

156.4

1-77

0.4

-3.7

-2.1

25.7

2-77

1.6

-1.2

0.7

15.8

3-77

165.6
6.7

168.3

-3.5

-6.6

-6.5

A— 77

-2.1

-4.5

0.1 -10.7 -25.2

-4.0

1.7

1—78

1.9

0.3

1.5

7.6

3.4

2.4

19.8

34.4

2-78

6.3

5.4

7.3

13.6

11.3

12.5

28.9

41.6

49.1

3-78

5.6

4.8

6.3

11.5

9.3

9.9

21.0

26.1

22.1

0.0

4-78

5.9

5.2

6.6

11.2

9.3

9.7

18.5

21.6

17.6

4.4

-5.2 -10.6

156.5
159.1

6.8

171.3
189.3
189.3
8.9

193.4

1-79

8.8

8.4

10.1

14.6

13.3

14.3

22.7

26.1

24.2

16.8

26.3

46.3

2-79

8.8

8.4

9.9

14.0

12.8

13.6

20.6

23.0

20.9

14.7

20.0

26.0

8.5

3-79

7.6

7.2

8.4

12.0

10.7

11.2

16.8

18.3

15.8

10.1

12.8

14.1

Q.8

-6.5

4-79

6.7

6.2

7.3

10.4

9.1

9.4

14.1

15.1

12.5

7.4

8.9

8.9

-1.3

-5.9

-5.3

1-80

6.1

5.6

6.6

9.4

8.1

8.3

12.4

13.0

10.6

5.9 ___7.0

6.6

— 1.6

-4.7

-3.8

-2.3

209.4

__ 6.3

9.7

10.0

__ 3.8

2.9

-4.0

-7.0

-7.1

-4*0 -13.4

202.0

2-77

3-77

4-77

3-78

4-78

1-79

2-79

3-79

4-79

____ 2-80___ 4.9
1-76

4.3 __ 5.1 __ 7.6 __
2-76




3-76

4-76

1-77

7.6 ___
1-78

2-78

212.7
217.1
213.5
210.6

1-80

INITIAL QUARTER

PREPARED BY FEOERAL RESERVE BANK OF ST. LOUIS

31

PRODUCTION AND PRICE INDICATORS

Farm Land Values
1967=100

1967=100

November
1977

Compounded Annual
Index 1967 = 100___________________________ Rates of Change
February 1979
February 1979
to
to
November February November February
November 1979
1979
1979
1980
1978
February 1980

United States

296

332

351

379

401

10.8

14.2

CMV State Summary

325

367

389

421

442

11.1

13.6

250
372
351
304
232
301
288

290
417
397
334
274
343
325

316
441
415
374
279
364
338

348
459
432
404
324
408
368

379
476
477
415
338
440
375

13.7
5.5
5.5
10.8
22.1
16.4
12.0

19.9
7.9
14.9
11.0
21.1
20.9
10.9

Arkansas
Illinois
Indiana
Kentucky
Mississippi
Missouri
Tennessee




32

PRODUCTION AND PRICE INDICATORS

Consumer Price Index-All Items*

* A ll U rb a n Consumers
Data are q u a rte rly from March 1974 through March 1978; th e re a fte r, data are bi-monthly.

UNITED STATES

ST. LOUIS
Percent Change
March 1980
Index
1967 = 100




Index
1967 = 100

From Two
Months Ago
(Annual Rate)

From
Previous
Year

241.8
246.8
255.3

9.7
8.7
10.2

14.5
4.7
20.1

244.9
250.4
261.7

13.5
7.8
18.2

14.4
6.9
17.7

177.3
240.5
242.8
208.6

6.3
12.0
8.3
7.8

8.8
17.9
13.5
8.5

177.5
249.0
263.4
204.0

5.2
13.8
7.6
10.6

6.9
19.9
11.5
8.6

May 1980
A l l I tans
Pood
Housing
Apparel and
Upkeep
Transportation
Medical Care
Entertainment

Percent Change
March 1980

33

May 1980

From TWo
Months Ago
(Annual Rate)

From
Previous
Year

FINANCIAL INDICATORS




METROPOLITAN MEMBER BANK DATA
SEASONALLY ADJUSTED
INDEX:

1974-100

L I T T L E ROCK - NORTH L I T T L E ROCK: AR
210
170
130
90
50

LOUISVILLE:

KY-IN

210
170
130
90
50

ST.

LOUIS:

MO-IL
r ~~

- -

210
170

—
i!

130
90
j i l-i i Lj i Lj

1976

i

i i l n l n l n

■11 Li i 1 1 1 1 11

I i l n l n l n

1 1 1 1 1 1 1 11 1 1

1977

1978

1979

1980

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

34

50

FINANCIAL INDICATORS

METROPOL 1 TAN MEMBER BANK DATA
SEASONALLY ADJUSTED
INDEX:

TOTAL LOANS
^ *
UNITED STATES * *
METROPOLITAN SUMMARY*
COLUMBIA: MO
EVANSVILLE: IN-KY
FAYETTEVILLESPRINGDALE: AR
FORT SMITH: AR
L 1TTLE ROCK-NORTH
LITTLE ROCK: AR
LOUISVILLE: KY-IN
MEMPHIS: TN-AR-MS
PINE BLUFF: AR
ST. LOUIS: M O - 1L
SPRINGFIELD: MO
TEXARKANA: AR
TOTAL DEPOSITS
UNITED S T A T E S * *
METROPOLITAN SUMMARY*
COLUMBIA: MO
EVANSVILLE: IN-KY
FAYETTEVILLESPRINGDALE: AR
FORT SMITH: AR
LITTLE ROCK-NORTH
LITTLE ROCK: AR
LOUISVILLE: KY-IN
MEMPHIS: TN-AR-MS
PINE BLUFF: AR
ST. LOUIS: M O - 1L
SPRINGFIELD: MO
TEXARKANA: AR

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

1974“ 100

MAY

FROM SAME
MONTHS A
YEAR AGO

1980

JUNE
1980

FROM PREVIOUS
3 MONTHS

177.0
154.3
190.2
194.2

175.3
156.4
192.2
195.2

N. A .
156.7
190.9
192.9

1 .8
-3.3
1 .3
-9.3

1 1 .0
4.8
4.3
7.7

190.9
191.1

192.8
197.3

193.0
192.0

-47.9
2. 1

-12.4
12.2

160.1
181.1
110.8
175.7
152.0
133.6
203.5

170.1
181.3
110.2
178.6
153.4
124.2
212.8

171.6
188.4
111.0
180.4
152.7
129.8
209.6

5.2
9.0
-13.8
-6.9
-6.3
-2.4
-0.2

-2.7
12.8
3.7
9. 1
2.5
-0.9
13.9

159.8
138.7
208.2
186.2

158. 1
140.0
202.8
183.5

N. A.
140.4
202.7
182.8

10.5
-2.3
-3.4
-0.9

9.9
3.6
20. 1
10.5

167.0
181.8

169.4
184.9

169.2
184.2

-50.0
-0.2

-8.0
11.1

144.1
175.6
118.5
154.9
121.1
117.8
181.6

150. 1
178.0
118.3
158.3
121.9
118.7
184.2

153. 1
175.8
117.4
155.0
122.5
122.6
181.3

-0.8
5.9
-6.2
-1.8
-1.0
-9.7

0.3
10.9
5.7
1 .2
-1.5
-2.2
10.8

APRIL
1980

0.0

AVERAGE NUMBER OF MEMBER BANKS
STATE SUMMARY
(EIGHTH DISTRICT ) w
METROPOLITAN SUMMARY*
NONMETROPOLITAN SUMMARY
ARKANSAS
F A Y E T TE V 1LLES P R 1N GD A LE : AR
FORT SMITH: AR
LITTLE ROCK-NORTH
LITTLE ROCK: AR
PINE BLUFF: AR
TEXARKANA: AR
N ON ME TR OP OL 1TAN AREAS
KENTUCKY
LOUISVILLE: KY-IN
NONMETROPOLITAN AREAS
ILLINOIS
NONMETROPOLITAN AREAS
INDIANA
EVANSVILLE: IN-KY
NONMETROPOLITAN AREAS
MISSISSIPPI
NONMETROPOLITAN AREAS
MISSOURI
COLUMBIA: MO
ST. LOUIS: M O - 1L
SPRINGFIELD: MO
NONMETROPOLITAN AREAS
TENNESSEE
MEMPHIS: TN-AR-MS
NONMETROPOLITAN AREAS

JUNE
1980

JUNE
1979

388.80
115.80
271.00
72.00

389.00
116.00
271.00
72.00

389.00
116.00
271.00
72.00

400.00
120.00
278.00
74.00

5.00
3.00

5.00
3.00

5.00
3.00

6.00
3.00

7.00
4.00
3.00
48.00
40.00
9.00
30.00
121.00
98.00
38.00
12.00
25.00
17.00
16.00
86.80
4.00
56.00
4.80
45.00
14.00
8.00
9.00

7.00
4.00
3.00
48.00
40.00
9.00
30.00
121.00
98.00
38.00
12.00
25.00
17.00
16.00
87.00
4.00
56.00
5.00
45.00
14.00
8.00
9.00

7.00
4.00
3.00
48.00
40.00
9.00
30.00
121.00
98.00
38.00
12.00
25.00
17.00
16.00
87.00
4.00
56.00
5.00
45.00
■4.00
8.00
9.00

7.00
4.00
3.00
49.00
41.00
9.00
31.00
127.00
101.00
40.00
12.00
27.00
17.00
16.00
87.00
4.00
60.00
4.00
45.00
14.00
8.00
9.00

X EXCLUDES BANKS IN TWO METROPOLITAN AREAS
X X DATA ARE FOR ALL COMMERCIAL BANKS




MAY
1980

APRIL
1980

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

35

FINANCIAL INDICATORS

NONMETROPOLITAN MEMBER BANK DATA
SEASONALLY ADJUSTED
INDEX:

1974-100

TOTAL DEPOSI TS

1974-100

NONMETROPOLITAN ARKANSAS
210
170

210
—

—

—

—

130

170
130

90

90

50 .......

Li 1 1 1 1 1 1 1 1 1 .l l L 1 111 1.11 n 1 i I 1 n 1 ■ i - U ± L 11111 i 1

7 . 1. .1 I I I , ,

LJ-I 1 1
l Lh I j i

h

I

u

I

il

I

ii

- n l n l n l n

50

NONMETROPOLITAN KENTUCKY

NONMETROPOLITAN M I S S I S S I P P I

NONMETROPOLITAN MISSOURI
210
170
130
90
50

210
170

—

130

J 11

NONMETROPOLITAN TENNESSEE
210

--------- 1--------—

—

130

90

90

11111111111 11111111111 11111111111 11111111111 11111111111
50
1977
1976
1978
1979
1980
LATEST DATA PLOTTED: JUNE




170

36

11111111111 1t1II111111 11111111111 11i 11111111 11111111111

1976

1977

1978

1979

1980

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

50

FINANCIAL INDICATORS

N ON ME T R O P OL I T A N MEMBER BANK DATA
SEASONALLY ADJUSTED
__________ INDEX:

TO TA L LOANS
NONMETROPOLITAN SUMMARY
ARKANSAS
ILLIN O IS
INDIANA
KENTUCKY
M ISSISSIPPI
MI SS OURI
TENNESSEE
TOTAL D E PO SITS
NONMETROPOLITAN SUMMARY
ARKANSAS
ILLIN O IS
INDIANA
KENTUCKY
M ISSISSIPPI
MISSOURI
TENNESSEE

1974-100________

COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980
FROM SAME
FROM PREVIOUS
MONTHS A
YEAR AGO
3 MONTHS

APRIL
1980

MAY
1980

JUNE
1980

182.7

182.7

183.3

-2.2

6.3

162.9
210.1
181.7
198.7
179.2
171.5
167.0

163.3
211.1
178.6
200.2
178.0
171.0
168.1

163.1
210.4
178.0
202.2
177.6
171.9
169.9

-4. 1
-2.8
-4.5
1.8
0.0
-3.6
-2.6

6.5
6.0
1.3
6.4
7.2
8. 1
8.9

158.6

158.8

159.9

3. 1

6.4

145.6
166.0
149.9
179.2
172.8
150. 1
151.4

146.4
167.0
149.3
181.2
172.1
150. 1
152. 1

147.8
167.5
150.0
183.7
173.7
151.4
151.3

-0.3
3.9
0.3
7.9
2.6
-0.5
2.7

6.0
7. 1
0.5
7.5
8.7
8.3
5. 1

MEMBER BANK DATA BY STATE
SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHANGE
3 MONTHS ENDING JUNE 1980

INDEX: 1974-100
APRIL
1980

MAY
1980

JUNE
1980

FROM PREVIOUS
3 MONTHS

FROM SAME
MONTHS A
YEAR AGO

162.0

163.7

164.2

-2.6

5.3

167.9
179.9
182.8
186.8
181.6
156.8
116.6

172.5
181.6
181.8
187.3
181.4
157.6
1 16.4

172. 1
181.0
180.8
193.0
179.7
157.8
117.5

-5.6
-5. 1
-6.5
7.3
3.2
-4.2
-12.3

2.6
1.7
5.3
11.6
8.2
4.5
4. 1

145.4

146.7

146.9

-0.5

4.6

151.6
145.5
163.7
178. 1
174.3
129.8
122.5

154.0
146.6
162.3
180.3
173.4
130.6
122.2

154.8
146.8
162. 1
179.3
175.0
131.3
121.7

-5.3
-0.8
0.5
5.5
1.6
1 .2
-4.8

3.6
2.7
6.3
9.8
8.5
1.8
5.7

TOTAL LOANS
STATE SUMMARY
( EI GH TH D I S T R I C T )
ARKANSAS
ILLINO IS
INDIANA
KENTUCKY
M IS S IS S IP P 1
MISSOURI
TENNESSEE
TOTAL DE P O SITS
STATE SUMMARY
( E IGH TH D I S T R I C T )
ARKANSAS
ILLIN O IS
INDIANA
KENTUCKY
M IS S IS S IP P I
MISSOURI
TENNESSEE




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

37

FINANCIAL INDICATORS

SAVINGS AND LOAN ASSOCIATION DATA
SEASONALLY ADJUSTED
INDEX:
1974-100
260

1974-100

MORTGAGE LOANS
OUTSTAND
~

TOTAL SAVINGS
- U.8.
STATE8

1976

1977

1978

1979

1

-U 1i 11.11111 11.1111I I 111
1976
1977

1980

1974-100
260

11

11 1 11 1 11 1 11 1 11 1 11 1 11 1 11 1 11 1 11 1 111

1978

1979

1980

ARKANSAS

M ISSISSIPP I

220

1 1 1

260
—

-

______

_

260
-

220

-

-

180

180

140
100

140

—
i.L 111Li

i 111

i i 1i i 1i i

1i i - u l t . I n i n

1 i 1 1 11.1 1 L lj

.LI 1 1 1 1 1 1 1 1 1 » » 1 i i 1« « 1 n

illl lil

1 1 1 1 1 1 1 1 1 1 1 LI 1 1 1 1 1 1 1 1 1 Ill 111 LI 1 1 L

MISSOURI

LATEST DATA PLOTTED: JUNE



PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

38

100

FINANCIAL INDICATORS

S A V I N G S AND LOAN A S S O C I A T I O N

DATA

SEASONALLY ADJUSTED
COMPOUNDED ANNUAL
RATES OF CHAN6E
__________ INDEX-. 1974-100________

TOTAL S A V I N G S
U N I T E D S TATES
CMV S TATE SUMMARY
CMV M E TR O PO L IT AN SUMMARY
ARKANSAS
FORT S M I T H : AR
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
LOUISVILLE: KY-IN
M IS S IS S IP P I
MISSOURI
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
MEMPHIS: TN-AR-MS

MORTGAGE LOANS OUTSTANDING
U N I T E D STATES
CMV STATE SUMMARY
CMV M ET RO PO L IT AN SUMMARY
ARKANSAS
FORT S M I T H : AR
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
LO UISVILLE: K Y -IN
M IS S IS S IP P I
M I S S OU R I
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
M EMP HI S: T N - A R - M S

3 MONTHS END INC JUNE 1980
FROM SAME
MONTHS A
YEAR AGO

APRIL

MAY

JUNE

1980

l.a S fl

>980

FROM PREVIOUS
3 MONTHS

203.5
203.6
195.3
226.6
219.0

204.8
205.6
197.4
227.6
2 20 . 1

206.4
206.3
198.3
228.7
219.8

5.7
6.7
12.5
5.5
13.0

6.6
6.4
5.9
8.2
13.3

2 09 . 1
187.9
193.5
168.9
256.2
193.8
201.7
173.3
205.4
188.8

211.6
187.7
194.7
170.6
257.7
195.3
203.5
174.5
207.3
191.6

212.0
186.7
196.8
171.6
255.8
196.2
204.5
173.6
208.6
192.9

1 5. 4
-6.7
4.6
2.6
9. 1
6.0
15.5
-1.4
8.8
12. 1

6.3
2.0
4. 1
-0. 1
8.6
6.2
7.5
3.9
6.6
3.0

199.8
201 .3
192.2
208.5
217. 1

199.3
200.6
191.4
207.9
215.6

199.0
200. 1
191.1
208.5
217.6

0.8
0.2
6.5
-1.1
-0.6

6.6
4.2
5.5
1.9
5.7

193. 1
1 60 . 7
197.3
178.0
229.2
194.5
197.4
189.6
207.2
181 . 1

189.9
166. 1
1 9 6 .4
1 7 7 .4
228.4
193.6
1 96 .4
188.8
206.6
180.9

190.9
171.3
195.6
1 7 6 .7
226.4
193. 1
195.8
188. 1
205.7
179.2

9.8
8. 1
-1.2
-0.2
-0.5
0.6
1 0. 2
-3. 1
0.2
-0.2

4.0
0.4
4.9
5.3
4.0
4.6
6.5
3.8
4.2
1.8

NUMBER OF SAVINGS AND LOAN ASSOCIATIONS

U N I T E D STATES
CMV STATE SUMMARY
CMV ME TROPOLI TA N SUMMARY
ARKANSAS
FORT S M I T H : AR
L I T T L E ROCK-NORTH
L I T T L E ROCK: AR
P I N E B L U F F : AR
KENTUCKY
LOUISVILLE: K Y -IN
M ISSISSIPPI
M I S S OU R I
S T . L O U I S : M O - 1L
S P R I N G F I E L D : MO
TENNESSEE
MEMPHIS: TN-AR-MS



APRIL

MAY

JUNE

JUNE

JJL8.Q

1980

1980

1979

4 ,031
424
90
75
4

4,0 33
432
91
76
4

4,030
416
91
76
4

4 ,041
443
92
75
4

7
3
99
12
59
112
55
5
79
4

7
3
100
12
59
112
54
5
85
6

7
3
92
11
59
111
55
5
78
6

7
3
103
12
60
112
55
5
93
6

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

39

POPULATION
Bureau of the Census
Compounded Annual
Rates of Change
to
1978

T9BO

to
1970

1970

1978*

204,878,000

218,548,000

.8

1.3

15,964,668

17,305,000

1.0

.8

CMV Metropolitan Areas

5,655,075

5,912,900

.6

1.3

Arkansas
FayettevilleSpringdale: AR
Fort Smith: AR-OK
Little Rock-North
Little Rock: AR
Pine Bluff: AR
Texarkana: AR-TX

1,923,322

2,186,000

1.6

.7

127,846
160,421

160,500
190,400

2.9
2.2

3.3
1.7

323,296
85,329
113,488

376,400
85,900
118,700

1.9
.1
.6

1.7
.5
1.2

Kentucky
ClarksvilleHoplinsville: KY-TN
Evansville: IN-KY
Louisville: KY-IN
Owensboro: KY

3,220,711

3,498,000

1.0

.6

118,945
284,959
867,330
79,486

147,700
294,800
887,300
81,100

2.7
.4
.3
.3

.6
.5
1.4
1.2

Mississippi

2,216,994

2,404,000

1.0

.2

Missouri
Columbia: MO
St. Louis: MO-IL
Springfield: MO

4,677,623
80,935
2,410,884
168,053

4,860,000
90,600
2,385,900
204,800

.5
1.4
-.1
2.5

.8
3.9
1.2
1.9

Tennessee
Memphis:

3,926,018
834,103

4,357,000
888,800

1.3
.8

1.0
1.4

United States
CMV States

♦Provisional




TN-AR-MS


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102