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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
4TH QUARTER 1971
STATE ACTIVITY

S U M M A R Y D IS C U S S IO N

page 3

METROPOLITAN AREA ACTIVITY

page

page

page

SUMMARY

4

SUMMARY

16 E VA N SVILLE

ARKANSAS

6

ST. LOUIS

18 SP R IN G FIE LD , M O . 2 8

KENTUCKY

8

LOUISVILLE

2 0 FORT SMITH

30

MISSISSIPPI

10

M EM PHIS

2 2 PINE BLUFF

32

M ISSO UR I

12

LITTLE ROCK

24

TENNESSEE

14




26

CHECK PAYMENTS 11 OTHER CITIES
page

34

P re p a re d by F e d e ra l R eserve B a n k o f St. Louis
Released: February 70, 1972

Selected economic data are provided
fo r fi v e states and e igh t Standard M etropolitan
S t a t i s t i c a l Areas which are e n t ir e ly or p a r t i­
a lly w ith in the Eighth Federal Reserve D i s t r ic t .
A lso included are check payment s e r ie s fo r eleven
other Eighth D is t r ic t c i t i e s .
Data are presented in both unadjusted
and seaso n ally adjusted index form. Index num­
bers are on a 1967=100 base. The la t e s t data in
most s e rie s are prelim inary and are revised as
the f i n a l fig u re s are received.
Manpower U t iliz a t io n
Basic employment data are from the re­
sp e ctiv e State Employment Security O ffic e and
the United States Department o f Labor.
Banking A c tiv ity
T o ta l loan and t o t a l deposit data are
fo r Federal Reserve member banks only and are
averages of data fo r the l a s t Wednesday o f the
preceding month, the Wednesday on or preceding
the 15th of the current month, and the l a s t




Wednesday o f the current month. Data are
co llected by th is Bank and the Board of Gov­
ernors of the Federal Reserve System.
Spending
Check payments are d ebits to de­
mand deposit accounts, except interbank and
U.S. Government accounts. The data are based
on a sample of commercial banks in each area
adjusted to r e fle c t t o t a l d eb its o f a l l banks
in the area and the number o f trad in g days in
the month. Data are c o lle c te d by th is Bank
and the Board of Governors o f the Fed eral Re­
serve System.
Income
State p erso n al income fig u re s are
annual rates of monthly fig u r e s published by
Business Week. United States data are from the
Department of Commerce.
Farm cash re c e ip ts are annual rates
of monthly fig u re s p ublish ed by the United
States Department o f A g ric u ltu re .

SUMMARY OF CENTRAL MISSISSIPPI VALLEY ECONOMIC ACTIVITY
During 1971, the Central M ississip p i V alley
(CMV) continued to recover from the economic recession
which reached it s trough in la te 1970. The changes in
CMV employment, income, and banking a c tiv ity in 1971
closely p a ra lle le d those of the U.S. However, in dividual
areas experienced widely d iffe r in g rates of growth.

L o u is v ille
Most measures of L o u is v ille economic a c tiv ity in
la te 1971 were above year ago le v e ls .
Bank deposits and
loans grew at very rapid 20 and 18 percent annual ra tes,
resp ectively, fo r the f i r s t s ix months o f the year and
leveled o ff in the second h a lf. Total employment was
s lig h t ly higher in la te 1971 and the 5.3 percent unemploy­
ment rate was w ell below that of the U.S.

Sim ilar to the United States as a whole, CMV
employment gains fo r the year ending in the fourth quar­
ter of 1971 were concentrated in nonmanufacturing indus­
t r ie s , while manufacturing employment was about unchanged.
The unemployment rate of 5 percent in the fourth quarter
fo r the fiv e CMV states, however, was w e ll below the 6
percent rate in the nation.

Memphis
The Memphis economy continued to advance
strongly in 1971. Total employment rose 2 percent in
the year ending in the fourth quarter and the unemploy­
ment rate f e l l below 4 percent. Bank deposits and loans
expanded rapidly during the year.

Income growth in the CMV was nearly equal to
rates of the U.S. as a whole. Personal income in the
fiv e CMV states increased 7.1 percent, s lig h t ly below
the 7.3 percent r is e fo r the nation. Farm cash receipts
increased by 8.6 percent, while U.S. receipts rose 8.2
percent. Spending, as measured by check payments, in­
creased 23 percent in the eight CMV metropolitan areas,
w e ll above the 16 percent increase in the United States.

L it t le Rock
L it t le Rock also made major economic gains
in 1971. Total employment increased somewhat in the la s t
s ix months and the unemployment rate declined to 3 percent
by the fourth quarter. Total bank loans experienced a
rapid 33 percent increase in the year ending in the
fourth quarter.

Banking a c tiv ity in the large CMV c itie s ex­
panded more rapidly than in the U.S. Deposits at
metropolitan Eighth D is t ric t member banks increased
by 14 percent, above the 12 percent deposit growth of
a l l Federal Reserve member banks in the U.S. In the"
same period, to ta l loans at d is t r ic t member banks rose
by 10.8 percent, while U.S. member bank loans increased
only 9.1 percent.

E van sville, S p rin gfield , Fort Smith, Pine B lu ff
Evansville employment declined sharply in the
second h a lf of 1971 as a resu lt of the coal s tr ik e . Mining
employment did not recover u n til la te November, and many
employees in durable goods industries were la id o ff due
to the coal shortages. While S p rin g fie ld employment re­
mained re la t iv e ly steady, bank deposits and loans continued
th eir strong advances of the previous year. Although r e la ­
tiv ely high, the unemployment rate in Fort Smith improved
throughout the year, fa llin g from 6.7 percent in the fourth
quarter 1970 to 5.8 percent in la te 1971. A fte r a three
year decline, Pine B lu ff employment strengthened in the
fourth quarter, and the unemployment rate f e l l to 5 percent.

St. Louis
As 1971 ended, the decline in to ta l employment
that St. Louis had been experiencing since mid-1969 began
to le v e l o ff.
Banking a c tiv ity did not grow as rapidly
as in the U .S ., but member banks more than regained de­
posit losses of 1969.




3

CENTRAL M I S S I S S I P P I

VALLEY STATE SUMMARY
III

IV

OCT

1971
NOV

DEC

104.7
105.9

104.3
106.5

104.7
107.6

104.3
107.3

104.6
107.6

105. 1
107.7

107.9
107.0

107.6
107.4

107.4
107.3

107.8
107.8

107.5
107.6

107.9
107.8

108.0
106.0

108.7
110.8

109.8
112.0

109.6
112.4

109.7
112.3

109.7
113.0

109.4
112.7

109.7
112.9

109.6
113.3

103.6
96.4

103.4
95.2

103.1
95.4

102.4
95.3

103.7
95.5

103.3
95.4

103.8
95.7

103.9
95.4

5.3
5.9

5.3
6.0

5.2
6.0

5.3
6.0

5.0
6.0

5. 1
5.8

4.9
6.0

4.9
6. 1

128.7
129.8

132.2
132.5

136.0
135.6

136. |
137.4

N. A.
139.3

137.8
138.4

N. A.
139.0

N.A.
140.4

113.3
113.5

119.2
117. 1

117.3
118.7

114.4
119.7

N. A.
N. A.

121.9
124.0

151.1
126.6

N.A.
N.A.

1970
IV

1

II

104.3
105.7

105.4
105.7

107.1
106.5

1971

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
TOTAL PAYROLL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. STATES
UNITED STATES

INCOME
PERSONAL
C.M.V.
UNITED
FARM CASH
C.M.V.
UNITED

INCOME INDEX
STATES
STATES
RECEIPTS INDEX
STATES
STATES

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




4

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

v X E ^ ? A k i K l l s iO § ili^

TOTAL PAYROLL EMPLOYMENT

1967 -100

1967-100

MO

MO

ISO

ISO

120

120

110

110

100

100

90

90

80

60
70

t11 111M 111.. 1 1 1 1 11 1 11 1l.aoJiiliiLij.

1969

1970

1971

70

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTOR INC
MANUFACTURING
TOTAL EMPLOYMENT

sJmmA iy
*0.7
*0.8
*0.1
*0.7

u.s.
*1.1
*2.1
-1.4
*2.1

PERSONAL

INCOME

TOTAL NONMANUFACTURING
130

120
110
100
90
60

TOTAL MANUFACTURING

C.M.V. STATES



PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

u.s.

5

ARKANSAS
III

IV

OCT

1971
NOV

DEC

707.9
106.4

718.2
106.6

702.7
106.6

718. 1
106.5

704.9
105.6

685.1
107.7

525.3
107.6

540.1
106.2

547.2
106.4

543.0
108.9

544.3
108.6

542.1
109.0

542.6
109.0

368.5
106.3

362.8
107'. 2

373.9
107.7

378.3
107.9

374.8
106.2

375.3
106.1

374. 1
108.3

374.9
108.1

164.7
108.0

162.6
108.5

166.2
109.4

168.9
109.5

166.3
110.4

169.0
109.6

168.0
110.5

167.7
111.0

37.8
5.6

45.9
5.7

41.6
5.4

37.2
5.4

35.3
5.2

32.6
5.3

36.5
5.1

36.6
5.2

5,744
129.6

5,404
135.8

5,552
138.5

5,836
141.6

N. A.
N. A.

6,336
138.6

N. A.
N. A.

N.A.
N. A.

1,986
111.4

650
119.0

682
.122.6

806
122.2

N. A.
N. A.

2,272
119.3

3,572
167.5

N.A.
N.A.

1970
IV

1

II

692.9
105.1

678.1
107.1

533.1
106.8

1971

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




6

MANPOWER
UTILIZATION
SEASONALLY ADJOSTEO

ARKANSAS

TOTAL PAYROLL EMPLOYMENT

1967-100
MO

1967-100
140

130

130

120

120

110

110

100

100

90

90

60

60

I 11 i- 1111L11l 111 n l n l n l n.
70 1111»1I
1969
1970
1971
TOTAL NONMANUFACTURING

70

130

130

120

120

110

110

100

100

90

90

60

1970
1971
1969
TOTAL MANUFACT URIN6

160

150

150

140

140

130

130

120

120

100

—— ^

ARKANSAS U.S.
♦ 1. 1
+2.0
♦ 1.4
♦2.1
-1.4
♦3.0
♦2.4
♦2.1

PERSONAL

INCOME

110

"

100

_ N—

90

90

60
70

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT

80

160

110

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1071

80

-Li1»»111111
1969

m

ARKANSAS




Im Im Iu - 1ll.Ai11111L.
1970

. U.S.

1971

70
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
1970
IV

1

II

1971

III

IV

OCT

1971
NOV

DEC

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1174.3 1118.0 1170.5 1187.7 1175.1 1191.0 1174.9 1159.4
107.5
106.3 107.6 106.6 106.0 106.4
105.2
106.4
938.3
111.1

916.6
111.7

938.7
111.7

940. 1
111.9

946.4
112.1

939.4
111.2

946.5
112.3

953.3
112.8

665.6
112.2

668.0
113.1

692.0
113.6

693.6
114.3

695.3
113.9

688.8
112.7

696.0
114.0

700.9
114.8

252.8
108.4

248.7
107.9

246.7
106.7

246.5
105.8

251.2
107.8

250.6
107.5

250.5
108.0

252.4
107.8

64. 1
5.6

76.2
5.7

73.2
5.7

70.9
6. 1

63.4
5.5

61.4
5.7

66. 1
5.5

62.5
5.2

N. A. 10,944
140.7
N. A.

N. A.
N. A.

N.A.
N. A.

1,189
143.9

1,910
154.6

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED I.NDEX

10,524 10,092 10,560 10,716
131.0 133.0 137.8 139.9
1,673
125.6

754
112.1

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




8

500
115.4

668
125.0

N. A.
N. A .

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

KE NT UCKY

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971

TOTAL NONMANUFACTURING
130

130

120

120

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
X YEAR ENDING OCTOBER

KENTUCKY

U.S.

♦1.3

+1.1

+ 1.8

+2.1

- 0 -

-1.4

+0.7
♦7.3

♦7.0

PERSONAL

+2.1

1967 -100
230

INCOME

SEASONALLY ADJUSTED

1967 -100
230

220

220

110

210

210

100

200

200

190

190

180

ISO

170

170

160

160

160

150

150

150

90

inmi
80 i m 1069

I l l l l l l U l i

1111111 11l 1

1970

1971

TOTAL MANUFACT URIN6

140

140

140

140

130

130

130

130

120

120

120

120

110

110

110

110

100

100

100

90

90

90

90

80

80

80

80

70

70 -ii-Lli 1 11 11 i .i.hxbl-b. 1. tl 1 11 Ll 11 1 t.
1969
1970
1971

70

100

70

N—

1 1»1

-U 111 11

1969

KENTUCKY




M

1M

1

1 1 1 1-1- 1

1970

>1 M 1 M
1971

1 1 1-

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

. U.S.

9

MISSISSIPPI
III

IV

OCT

1971
NOV

DEC

796.3
105.2

800.3
105.5

805.0
106.0

804.5
105.7

805.7
106.1

804.8
106.1

576.4
109.9

584. 1
109.7

587.6
109.9

593.6
110.6

593.3
110.5

592.4
110.7

594.9
111.0

401.0
108.9

394.7
109.9

399.6
109.3

401.0
109.5

404.5
109.8

404.6
109.6

403.4
109.6

405.3
110.0

183.3
109.3

181.8
109.9

184.6
110.6

186.6
110.9

169. 1
112.8

188.5
112.4

169.0
112.5

189.6
113.3

37.5
5.1

44.3
5.2

47.0
5.1

42.0
5. 1

33.1
4.5

31.8
4.7

36.5
4.4

30.8
4.3

6,192
129.3

5,732
133. 1

5,872
136. 1

6,048
137.8

N.A.
N.A.

6,696
138.3

N.A.
N.A.

N.A.
N.A.

1,577
116.7

822
116.5

641
117.6

626
111.3

N.A.
N.A.

1,769
116. 1

2,158
132.0

N.A.
N.A.

1970
IV

1

II

795.0
104.6

786.3
105.4

584.3
109.0

1971

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




10

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

MISSISSIPPI

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971
MISSISSIPPI
TOTAL PAYROLL EMPLOYMENT
+1.7
NONMANUFACTURING
+1.0
MANUFACTURING
+3.5
TOTAL EMPLOYMENT
+1.3

U.S.
+1.1
+2.1
-1.4
+2.1

PERSONAL

INCOME

TOTAL NONMANUFACTURING

TOTAL MANUFACTURING
160

160

150

150

MO

140

130

130

120

120

110

110

100

100

90

90

80

80

11111 u- i-i-l i.j 111111
70 in 11\ >L-ii-i I1111970
1971
1969

70

MISSISSIPPI



U.S.

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1970
IV

1

II

1971

III

IV

OCT

1971
NOV

DEC

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
s e a s o n a l l y ADJUSTED RATE

1975.0 1904.7 1970.5 1975.6 1942.2 1984.3 1924.9 1917.2
101.6 101.6 101.1
99.9
99.9 100.1
99.6
99.8
1653.8 1614.6 1632.2 1621.7 1628.4 1629.6 1626.9 1628.7
102.6 101.9 101.5 101.7
103.0 103.0
101.5
101.2
1224.0 1192.6 1210.2 1202.2 1207.1
106.6 106.6 106.2 105.9 105.1

1208.0 1206.1
105.1
105.3

1207.2
104.9

429.8
94.2

422.0
93.7

422.1
93.4

419.5
91.9

421.3
92.4

421.6
92.5

420.8
92.3

421.5
92.2

92.4
5.2

122.6
5.5

113.6
5.2

114.2
5.6

95.6
5.6

93.8
5.6

97.6
5.4

95.3
5.6

N. A. 18,960
133.5
N. A.

N.A.
N.A.

N.A.
N.A.

2,942
120.5

2,909
149.8

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED .INDEX

17,576 17,512 18,040 18,312
125.3
129.3 131.7 132.4
2,057
104.9

1,399
117.2

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




12

1,224
114.0

1,558
117.6

N.A.
N. A.

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

MISSOURI

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971
MISSOURI
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT

U.S.
♦ 1.1

-

2.0

-

1.6

♦2.1

-

2.8

-1.4

-

1.8

♦ 2.1

PERSONAL

INCOME

TOTAL NONMANUFACTURING
150

130

120

120

110

-

100

110
100

90

90

80

■ii-Ln Li i1j~i ill Lll 111.1J. 80
1970
1971

1969

TOTAL MANUFACTURING
160
150
140
130
120

110
100
90
80
70

MISSOURI



PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

U.S.

13

TENNESSEE
1970
IV

1

1971
II

III

IV

OCT

1971
NOV

DEC

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
seasonally adjusted

index

TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
seasonally adjusted

inde x

MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
thousands

of p e r s o n s

SEASONALLY ADJUSTED RATE

1664.9 1620.1 1658.6 1667.6 1699.4 1708.6 1709.7 1679.8
105.6 108.0 107.0 106.8 107.8 107.5
107.5 108.4
1348.6 1341.2 1353.6 1359.4 1376.8 1370.4 1377.3 1362.5
108.9 111.0 110.3 110.1
111.2 110.8
111.4
111.2
880.9
109.9

678.9
113.2

692.2
112.4

894.6
112.3

907.7
113.4

903.8
113.1

9Q7.5
113.4

911.8
113.5

467.7
106.9

462.3
106.9

461.7
106.4

464.6
106.0

469. 1
107.3

466.6
106.7

469.8
107.3

470.7
107.8

77.3
4.9

86.6
4.9

90.5
4.9

76.7
4.6

65,9
4.2

63.4
4.3

68.8
4.1

65.4
4.0

N. A. 13,632
N. A.
142.9

N, A.
N. A.

N. A.
N. A.

1,653
154.3

n .a .
n .a .

INCOME
personal

income

MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY. ADJUSTED INDEX

12,360 12,380 12,956 13,336
131.0 134.2 139.6 142.8
1,232
119.7

661
142.0

N.a . - NOT AVAILABLE
ALL INDEXES: 1967-100




14

491
119.0

448
91.9

N. A.
N. A.

1,141
119.0

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

TENNESSEE

TOTAL PAYROLL EMPLOYMENT

1067-1 00
MO

1967-100
MO

130

130

120

120

110

110

100

too

90

90

60

60

iLu.li i- niiiiiii.i 1 1li-L.l 11 l-L-l
70 a.i h 1969
1970
1971

70

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
X YEAR ENDING OCTOBER

TOTAL NONMANUFACTURING

1967-100
130

TOTAL MANUFACTURING

TENNESSEE

U.S.

+2.1
+3.0
+0.7
+2.2
+6.8

+1.1
+2.1
-1.4
+2.1
+7.0

TOTAL EMPLOYMENT

INCOME

1967-100
130

120

120

110

110

100

100
90

90
80 ■LA li 11 11 1.L1
1969

m

1 j .i I x i . U j -

1970

II 1 ii 11 1 11l.

1971

60

PREPARED BY FEDERAL RESERVE BARIC OF ST. LOUIS

TENNESSEE



PERSONAL

15

E I G H T CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS
III

IV

OCT

1971
NOV

DEC

105.5
107.4

104.9
107.3

105.7
107.8

105.5
107.6

105.6
107.8

105.8
108.0

110.2
112.0

110.2
112.4

110.1
112.3

110.5
113.0

110.3
112.7

110.5
112.9

110.7
113.3

96.3
96.4

95.9
95.2

95.2
95.4

93.6
95.3

95.1
95.5

95.0
95.4

95.1
95.7

95.1
95.4

5.3
5.9

5.4
6.0

5.4
6.0

5.5
6.0

5.4
6.0

5.5
5.8

5.3
6.0

5.3
6.1

129.1
132.3

133.7
135.0

136.8
137.8

137.2
140.4

143.1
144.3

140.2
143. 1

143.0
144.0

146.0
145.7

114.9
122.4

121.4
127.9

126.7
132.3

129.0
134.9

130.6
137.0

129.9
136.7

130.4
136.3

131.3
137.9

144.8
155.3

153.9
160.7

160.1
169.5

170.4
177.0

177.8
179.4

174.2
178.0

177.4
178.7

181.6
181.5

1970
IV

1

II

105.1
106.5

105.7
107.0

109.2
110.8

1971

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. AREAS
UNITED STATES

BANKING A C T I V I T Y
TOTAL LOANS INDEX
C.M.V. AREAS
UNITED STATES
BANK DEPOSITS INDEX
C.M.V. AREAS
UNITED STATES

SPE ND ING
CHECK PAYMENTS INDEX
C.M.V. AREAS
UNITED STATES

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




16

MANPOWER
UTILIZATION
SEASONALLY AOJOSTEO

BANKI NG

SEASONALLY AOJOSTEO

TOTAL PAYROLL EMPLOYMENT

136

-100

EIGHT CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS
ACTIVITY

1967-100
136

1967*-100
320

TOTAL LOANS

1067

320

132

132

300

300

128

128

280

260

124

124

260

260

120

120

240

240

116

lie

220

220

112

112

200

200

108

1
Afl
1Uo

180

180

104

104

160

160

100

100

140

99

96

120

120

32

92

100

100

88

88

eo

80

84

64

60

60

80

40 ■11 ll.il II111 ■1 llxi 1111 11,-l-l.il 111.11.L1.
1969
1970
1971

40

80

ji

1i i LijJ.ai nl-.ii 1u In. II1II1n 1liJ
1969
1971
1970

TOTAL DEPOSITS

PERCENT

UNEMPLOYMENT RATE

siiilkJi&Y
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOAMS
DEPOSITS
PAYMENTS

♦0.6
♦ 11.2
♦ 13.5
♦23.9

u.s.
♦ 1.1
♦9.5
♦ 11.3
♦ 17.0

SPENDING

SEASONALLY ADJUSTED

1967-100

CHECK PAYMENTS

1967-100
240

220

PERCENT

10

PERCENTAGE CHANCE
SEASONALLY AOJUSTED INDEX
YEAR ENOINO
DECEMBER 1971

200

10

180
160
--------

140

120
-L.L.I 111 ixl.lJ. It 1 II 11 11 U- U-1.J i-b.iii-i.

1969

C.M.V. AREAS



100

1971

1970

U.S.

* BEGINNING WITH JULY 1969. LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

17

PREPARED 6Y FEDERAL RESERVE SANK OF ST. LOUIS

S T . L O U I S MISSOURI
METROPOLITAN AREA
III

IV

OCT

1971
NOV

DEC

891.1
101.3

887.6
100.4

890.0
100.6

889.3
100.5

887.9
100.4

892.6
100.7

617. 1
107.5

629.7
107.5

628.5
107. 1

632.3
107.3

629.4
106.9

630.2
107.0

637.1
107.8

262.9
89. 1

260.9
89.9

261.5
89. 1

259. 1
87.1

257.5
87.3

259.2
87.9

257.7
87.4

255.5
86.5

54.2
5.4

66.5
6.0

67.0
6.2

66.2
6.3

55.3
6.2

53.6
6.3

57.9
6. 1

54.4
6.2

2,512
122.0

2,571
124.4

2,604
127.0

2,573
124. 1

2,639
128.2

2,595
126.4

2,600
127.9

2,723
130.2

3,664
106.8

3,797
111.4

3,827
114.5

3,871
115.8

3,961
116. 1

3,938
116.0

3,935
115.6

4,071
116.5

1970
IV

1

II

895.6
101.2

878.0
101.6

632.7
107.3

1971

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

11,903 12,505 13,018 13,900 14,715 13,447 14,185 16,513
145.9 153.8 160.4 174.5 180.5
176.9
184.5
180.1

N. A. - NOT AVAILABLE
ALL INDEXES: 1967-100




18

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

1967-100
136 -----

■

1967-100
| 136

|

132 ------

ST. LOUIS
MISSOURI
METROPOLITAN AREA

BANKING A C T I V I T Y

MANPOWER U T I L I Z A T I O N

TOTAL LOANS

1967-100
320

1967-100
320

132

300

300

---------------- 126

280

280

260

260

, 2 0 --------- -------------------- ,20

240

240

DECEMBER

116

— ------------------------116

220

220

ST. LOUIS

,,2

-... — -------------------- 112

200

200

180

180

128

—

,24 ■■■

■

-------

—

---

124

160

160

140

140

9 6 -------------------------------- 96

120

120

9 2 -------------------------------- 92

100

100

8 8 ---------------------------- 88

80

80

,oo —

,00

84 -----------

84

60

60

gQ Ll-lI i i.li il.i i-l 1 1 1 n 11 1 1n l i.i1 i.i J i.i 1 1 i

gQ

40 ■111 1111 i l l 1 ■II I1I.I111 11. II 111,1 ll_l n.
1969
1970
1971

40

1969

1970

1971

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING

TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

-0.8
4-5.9

4-9.5

4-8.5

4-11.3

4-25.6

4-17.0

CHECK PAYMENTS

1967-100
240

1967-100
240

220

220

200

200

180

180

160

160

r

140

120

120
ill I.J.1.A1 1I i I III II I III II IIII II Ii-l

ST. LOUIS




U.S.

1971

X BEGINNING WITH JULY 1969. LOANS ARE REPORTED
GROSS. RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

19

4-1.1

SPENDING

140

1970

U.S.

SEASONALLY ADJUSTED

TOTAL DEPOSITS

1969

1971

100 niii Lij I-i-l L.lill 111111 11111111111 100
1969

1970

1971

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

L O U I S V I L L E KENTUCKY
METROPOLITAN AREA
III

IV

OCT

1971
NOV

DEC

329.3
109.8

329.6
109.3

333.2
111.6

332.2
II 1.3

333.6
111.8

333.6
111.6

216. 1
116.3

224. 1
116.6

224.8
116.7

226.2
118.0

225. 1
117.6

227. 1
118.5

226.2
117.9

112.7
105.2

108.4
101.4

105.2
97.7

104.7
96.3

107.1
100.2

107.2
100.1

106.5
100.0

107.4
100.3

16.7
5.0

19.7
5.3

22.7
5.5

22.3
5.5

18.1
5.4

17.4
5.5

18.9
5.3

18.0
5.2

952
154.6

981
161.8

1,002
168.4

1,011
168.0

1,052
170.7

1,011
168.3

1,046
171.1

1,098
172.5

1,363
129.4

1,413
134.1

1,469
142.4

1,503
145.8

1,552
145.2

1,513
145.0

1,537
145.4

1,605
145.0

2,505
139.9

2,507
146.8

2,668
152.5

2,664
153.5

2,922
162.7

2,617
159.9

2,949
162.4

3,200
165.8

1970
IV

1

II

332.0
111.1

324.5
111.0

219.3
114.4

1971

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE ND ING
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




20

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

LOUIS VILLE
KENTUCKY
METROPOLITAN AREA

BANKING A C T I V I T Y
SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

1967-100
320

1967-100
320

300

300

280

280

260

260

240

240

220

220

200

200

180

180

160

160

__

140
120

120

100

100

80

80

60

60

40 -1X 11111.1J1» ...jj-uli iLi.i 11ll 1.1 111l-l.
1969

1970

1971

PERCENTAGE CHANGE
SEASONALLY AGJUSTEO INDEX
YEAR ENDING
DECEMBER 1071
LOUISVILLE
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+0.8
♦ 10.2
♦ 13.3
♦ 17.5

U.S.
♦ 1.1
♦9.5
♦ 11.3
♦ 17.0

40

SPENDING

SEASONALLY AOJUSTED

TOTAL DEPOSITS

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1967-100

1967-100
240

220

PERCENT
10

10

200

180
160

A

140
120

...lllli-Ml.il

1111l1111.11- 11111111111

1969
LOUISVILLE




1971

1970

U.S.

1969

1970

1971

X BEGINNING WITH JULY 1969v LOANS ARE REPORTED
DROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

21

1969

1970

1971

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MEMPHIS TENNESSEE
METROPOLITAN AREA
1971

III

IV

OCT

1971
NOV

DEC

278.7
111.9

282.5
112.3

285.2
113.0

284.4
112.9

285. 1
113.0

286. 1
113.1

216.3
114. 1

221.0
115. 1

224.4
115.6

225.9
115.9

225.3
115.9

225.8
115.9

226.5
115.7

59.5
103.7

57.9
102.4

57.8
101.0

56.1
101.1

59.4
103.6

59. 1
102.9

59.3
103.3

59.6
104.5

12.0
4.1

13.8
4.3

16.5
4.3

16.3
4.4

11.7
3.9

11.5
3.9

12.5
3.8

11.1
4.0

1,035
125.6

1,092
132.8

1,057
131.1

1,113
137.9

1,202
146.0

1,126
140.9

1,203
147.2

1,279
149.8

1,548
119.0

1,684
131.9

1,755
139.0

1,792
142.8

1,920
147.8

1,854
145.6

1,905
147.0

2,001
150.6

2,888
152.4

2,839
162.6

2,904
166.7

3,064
176.7

3,540
188. 1

3,179
183.5

3,574
186.0

3,868
192.8

1970
IV

1

II

278.3
110.3

274.2
111.4

218.9
112.2

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE ND IN G
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




22

MANPOWER
UTILIZATION
SEASONALLY ADJUSTEO
TOTAL PAYROLL EMPLOYMENT

1967-100
136

MEMPHIS
TENNESSEE
METROPOLITAN AREA

BANKING
ACTIVITY
SEASONALLY ADJUSTED
TOTAL LOANS

196

132

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971

128
124

120
116

MEMPHIS

112

TOTAL
TOTAL
TOTAL
CHECK

108
104
100

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+2.5
4-16.4
4-23.6
4-22.3

U.S.
+1.1
4-9.5
4-1 1.3
4-17.0

96
92

88
84
1.1.1111.11. ■■Ill llililil

80

1969

1970

nlu l n U i .
1971

SPENDING

SEASONALLY AOJUSTED

TOTAL DEPOSITS

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1967-100

1967-100
240
220

PERCENT

200

180
160
140
120

1969

MEMPHIS




U.S.

1970

1971

* DECINN INC WITH JULY I960, LOANS ARE REPORTED
CROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

23

1969

1970

1971

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

L I T T L E ROCK ARKANSAS
METROPOLITAN AREA
III

IV

OCT

1971
NOV

DEC

122.6
106. 1

124.2
106.3

124.3
107.6

125.0
108.2

124.3
107.6

123.6
106.9

94.0
105.6

95.6
105. 1

97.2
105.5

97.4
107.1

97.7
107.6

97.5
107.3

97.0
106.4

27.0
109.6

26.7
109.4

27.0
109.8

27.1
109.4

26.9
109.4

27.3
110.2

26.8
109.0

26.6
109.0

4.9
3.5

4.5
3.4

4.9
3.3

5.0
3.3

4.3
3. 1

4.0
3.3

4.3
2.9

4.5
2.9

334
129.8

347
137.0

367
144.6

397
154.7

446
173. 1

433
168.2

452
175.5

452
175.6

519
118.9

548
128.5

572
135.5

583
138.0

616
141.4

61 1
141.7

615
141.3

623
141.1

815
147.8

912
168.0

946
173.5

941
174.7

1,026
184.0

996
179.7

999
185.2

1,084
186.9

1970
IV

1

11

121.7
105.3

120. 1
106.4

94.8
104.2

1971

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE NDING
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES; 1967-100




24

L IT T L E ROCK
ARKANSAS
METROPOLITAN AREA

BANKING A C T I V I T Y

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

SEASONALLY ADJOSTEO

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971
LITTLE ROCK
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+1.8
+32.3
+17.3
+23.4

U.S.
+1.1
+9.5
+11.3
+17.0

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PERCENT
to

UNEMPLOYMENT RATE

Z*r

--------

■i 11111n 1i i 11111111 1i i 1i Li i 11i h i

I960

LITTLE ROCK




1971

1970

U.S.

1967*100

CHECK PAYMENTS

220

1967-100
240

200

220

180

200

8

160

180

6

140

160

4

120

140

2

to o

120

iENT
10

0

8 0 ■111 i11II1 11 u 1u Li 1111. 11111111 ii.i.

1971
1970
1969
X Dc»innin»
i
min «iuuv isos, luahs arc ncrunicv
CROSS. RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

25

100
PREPAREO BY FEDERAL RESERVE BANK OF ST. LOUIS

E V A N S V I L L E I N DI AN A
METROPOLITAN AREA
1971

III

IV

OCT

1971
NOV

DEC

90.9
106.5

90.4
105.2

87.7
103.4

87.6
103.3

87. 1
103. 1

88.2
103.7

55.2
109.7

55.9
109.4

56.5
109. 1

56.0
107.6

55.7
107.7

55.8
107.5

56.4
107.5

28.9
88. 1

31.2
94.7

35. 1
102.0

34.0
99.2

31.7
97.0

31.9
96.5

31.3
96.5

31.8
98.0

4.7
5. 1

5.4
4.7

4.5
4.0

3.9
4.0

5.3
5.8

4.7
5.7

6.0
6. 1

5.0
5.5

265
130. 1

268
134.0

284
138.9

274
134.5

286
140. 1

278
136.1

285
140.0

295
144.2

379
122.0

395
127.9

410
132. 1

409
133.8

422
135.8

412
135.0

421
135.7

433
136.7

464
117.3

483
123.8

500
126. 1

498
125. 1

529
'33.0

504
129.6

515
133.2

£66
136. 1

1970
IV

1

II

85.5
100.6

86.4
103.8

56.7
108.8

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE NDING
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N .A . - NOT AVAILABLE
ALL INDEXES: 1967-100




26

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

136

1967- tSoSio
196

•100

TOTAL LOANS

1967-100

1967<

920

320

132

192

900

300

128

128

280

280

124

124

260

260

120

120

240

240

116

116

220

220

112

200

200

106

160

180

104

160

160

too

140

96

96

120

120

92

92

too

100

88

86

80

80

84

84

60

60

80

40

112

1p

108
104

2

^

^

- \

_ ? r

100

80

1989

r

VV, ///

^

1 1 11 III n i l 1

1971

1970

j iIn 1n 1ii j j J jh i .»!.. iiiiiiiiin.
1969
1970
1971

1969




U.S.

1970

EVANSVILLE
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+6.2
+8.4
+10.8
+14.7

U.S.
+1.1
+9.3
+11.3
+17.0

40

SPENDING

1971

* SEOINNINO fITH JULY ISOS. LOANS ASE SEPORTES
OROSS, RATNER THAN NET OP VALUATION RESERVES
AS DONE PREVIOUSLY.

27

PERCENTAOE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEM8ER 1971

SEASONALLY ADJUSTED

TOTAL DEPOSITS

EVANSVILLE

EVANSVILLE
INDIANA
METROPOLITAN AREA

BANKING A C T I V I T Y

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

PREPARED SY FEDERAL RESERVE SANK OF ST. LOUIS

S P R I N G F I E L D MISSOURI
METROPOLITAN AREA
1971

1970
IV

1

II

III

IV

OCT

1971
NOV

DEC

58.8
117. 1

58.2
119.1

58.5
117.9

58.3
117.3

59.2
117.9

59.0
117.5

59.3
117.7

59.2
118.3

43.1
117.9

42.9
120.3

43.0
118.0

42.4
117.6

43.1
117.7

43.0
117.8

43.0
117.5

43.1
117.8

15.7
115.1

15.4
115.9

15.5
117.5

16.0
116.6

16.2
118.3

16.0
116.8

16.3
118.3

16.1
119.8

2.6
4.0

3.6
4.3

3.0
4.0

2.6
4.1

2.5
3.9

2.2

4.0

2.7
4.1

2.4
3.5

87
164.4

87
171.5

94
180.8

100
186.8

102
194.6

102
189.4

101
192.7

105
201.7

135
133.4

137
139.3

144
148. 1

155
153.3

161
159.2

160
156.6

161
158.6

163
162.4

335
152.6

393
182.2

430
196.9

441
195.5

440
202.7

405
198.0

446
201.2

468
208.9

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE ND IN G
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N. A. - NOT AVAILABLE
ALL INDEXESt 1967-100




28

MANPOWER
UTILIZATION
SEASONALLY AOJOSTED
TOTAL PAYROLL EMPLOYMENT

SPRINGFIELD
MISSOURI
METROPOLITAN AREA

BANKING
ACTIVITY
SEASONALLY ADJUSTED
TOTAL LOANS

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENOINC
DECEMDER 1971
SPRINGFIELD
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
OEPOSITS
PAYMENTS

-0.3
*20.9
*20.4
*34.8

U.S.
♦ 1.1
♦9.5
♦ 11.5
♦ 17.0

SPENDING

SEASONALLY ADJUSTED

SPRINGFIELD




U.S.

* SEOINNINO WITH JULY IM O . LOANS ARE REPORTED
DROSS, RATNER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

29

PREPARED OY FEDERAL RESERVE SANK OF ST. LOUIS

FORT S MI TH ARKANSAS
METROPOLITAN AREA
III

IV

OCT

1971
NOV

DEC

46.3
109.4

46.7
109.7

46.7
110.4

46.6
109.7

47.0
111.1

46.3
110.4

29.3
107.2

29.5
105.3

29.7
105.3

29.8
106.1

29.7
105.8

30.0
106.5

29.7
105.8

16.0
112.3

15.9
113.9

16.9
117.4

17.1
118.4

16.9
119.1

17.0
117.4

17.0
120.2

16.6
119.5

3.8
6.7

4.2
6.7

3.7
6.1

3.3
6.0

3.3
5.6

3.0
5.9

3.3
5.4

3.6
6. 1

97
129.0

101
136.5

107
142.3

109
146.5

its
152.6

114
151.1

114
152.5

116
154.1

144
123.7

152
132.8

163
143.0

164
142.9

169
145.6

168
145.4

168
145.2

172
146.1

229
134.0

253
234
141.6 . 149.7

267
154.1

273
159.2

261
158.1

273
158.7

285
160.8

1970
IV

1

II

45.8
108.4

45.1
109.5

30.0
106.4

1971

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTUR1N6 EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE ND ING
CHECK PAYMENTS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




30

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

1967-100
320

1967-100
320

300

300

280

280

260

260

240

240

220

220

200

200

180

180

160

160

140
120

120

100

100

80

80

60
1969

1969

1 ill 1111111.

1970

1971

UNEMPLOYMENT RATE

FORT SMITH
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

♦1.9
♦ 16.7
♦ 17.2
♦18.2

U.S.
+1.1
*9.5
♦M.S
+17.0

40

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PERCENT

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
DECEMBER 1971

60

40 ■1.11II111111 l.h.l.ll.l

1971

1970

FORT SMITH
ARKANSAS
METROPOLITAN AREA

BANKING
ACTIVITY
SEASONALLY AOJOSTEO

SEASONALLY AOJOSTEO

PERCENT
10

1969

FORT SMITH




1971

1970

U.S.

1969

1970

1971

X BEGINNING WITH JULY 1969, LOANS ARE REPORTED
8R0SS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

31

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

P I N E BLUFF ARKANSAS
METROPOLITAN AREA
1971

1970
IV

1

II

III

IV

24.5
100.6

23.8
101.0

23.8
99.3

23.7
98.9

18.7
100.7

18.3
101.5

18.2
99.1

5.6
99.9

5.5
99.3

1.7
5.6

OCT

1971
NOV

DEC

24.0
99.7

24.0
99.1

24.0
100.0

24.0
100.0

18.2
99.3

18.6
99.9

18.5
99.5

18.5
100.0

18.6
100.0

5.6
99.9

5.6
97.5

5.5
99.3

5.5
96. 1

5.5
99.9

5.5
99.9

2.2
6.0

2.0
5.7

1.8
5.8

1.5
5.0

1.5
5.5

1.4
4.3

1.5
5.2

86
129.8

94
139.1

99
147.3

97
145.3

107
158.4

101
151.0

109
161.9

110
162.2

137
111.7

143
121.1

146
125.7

148
127.8

161
131.4

156
130.3

161
131.0

165
132.7

148
111.0

124
134.2

135
142.5

147
157.4

179
153.9

163
157.3

194
152.0

179
152.2

MANPOWER U T I L I Z A T I O N
TOTAL PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKING A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPE ND IN G
CHECK PAYMENTS .
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1967-100




32

PINE BLUFF
ARKANSAS
METROPOLITAN AREA

BANKING
ACTIVITY
SEASONALLY ADJUSTED

MANPOWER U T I L I Z A T I O N
SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

PERCENTA6E CHANCE
SEASONALLY ADJUSTED INDEX
YEAR END INO
DECEMBER 1971
PINE BLUFF
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

-0.4
♦21.5
♦ 16.5
♦56.1

U.S.
♦ 1.1
♦9.5
♦ 11.5
♦ 17.0

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PERCENT

UNEMPLOYMENT RATE

PERCENT
10

1969

PINE BLUFF




U.S.

1970

1971

* DEOINNINO WITH JULY 19U9. LOANS ARE REPORTED
OROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

33

220

1967 - 1 0 0
240

200

220

220

180

200

200

1
AA
1O
y

1
AA
1O
V

180

140

160

120

140

100

120

80

100

1067

240

160

/ V
-

1 1 1 1 1 1 1 1 1 11
1969

----------------- X J —
1 1 1 1 1 1 1 ■1 1 1 1
11 1 1 1 1 1 11 1 11
1971
1970

140

120
100

PREPARED UY FEDERAL RESERVE SANK OF ST. LOUIS

CHECK p a y m e n t s

in

eleven

1971

CITIES

1/

SEASONALLY ADJUSTED INDEX
1967 = 100

MILLIONS OF DOLLARS
DEC

m e d i u m -size

UEC

1971

NOV

1971

OCT

2/

1971

DEC

1970

100

170.4

168.5

171.2

144.3

36

124.7

122.5

119.9

102.3

TEXARKANA SMSA, ARK.

145

130.2

128.2

125.9

109.9

QUINCY.

125

150.0

150.0

152.0

136.7

145

149.9

150.7

150.4

129.5

101

133.7

130.1

131.0

118.9

GREENVILLE, MISS.

90

134.9

132.1

134.7

125.6

CAPE GIRARDEAU.

79

178.1

176.0

171.7

149.1

27

13_2i7.._ ..... .12 8 . 7 ....

125.0

116.6

60

199.3

196.1

191.8

170.1

104

151.5

146.8

144.2

133.6

EL DORADO. ARK.

$

HELENA. ARK.

ILL.

OWENSBORO,
PADUCAH,

HANNIBAL.

KY.

KY.

MO.

MO.

SEDALIA,

MO.

JACKSON,

TENN.

1/ DEBITS TP DEMAND DFPQSIT

ACCOUNTS*

2/ THREE-MONTH MOVING AVERAGES




EXCEPT INTERBANK AND U.S. GOVERNMENT ACCOUNTS.

(EXCEPT LATEST MONTH*

WHICH IS A TWO-MONTH A V E R A G E )«

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

34

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