View PDF

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

SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
1ST QUARTER 1972
STATE ACTIVITY

SUMMARY DISCUSSION page 3

METROPOLITAN AREA ACTIVITY
page

page

page

SUMMARY

4

SUMMARY

16 EVANSVILLE

ARKANSAS

6

ST. LOUIS

18 SPRINGFIELD, MO. 28

KENTUCKY

8

LOUISVILLE

20 FORT SMITH

30

MISSISSIPPI

10

MEMPHIS

22 PINE BLUFF

32

MISSOURI

12

LITTLE ROCK

24

TENNESSEE

14




26

CHECK PAYMENTS 10 OTHER CITIES
page 34

Prepared by Federal Reserve Bank of St. Louis
Released: May 11, 1972

THE DATA

Selected economic data are provided
for five states and eight Standard Metropolitan
Statistical Areas which are entirely or parti­
ally within the Eighth Federal Reserve District.
Also included are check payment series for ten
other Eighth District cities.

Wednesday of the current month. Data are
collected by this Bank find the Board of Gov­
ernors of the Federal Reserve System.
Spending
Check payments are debits 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 reflect total debits of all banks
in the area and the nuntaer of trading days in
the month. Data are collected by this Bank
and the Board of Governors of the Federal Re­
serve System.

Data are presented in both unadjusted
and seasonally adjusted index form. Index num­
bers are on a 1967s100 base. The latest data in
most series are preliminary and are revised as
the final figures are received.
Manpower Utilization
Basic employment data are from the re­
spective State Employment Security Office and
the United States Department of Labor.

Income
State personal income figures are
annual rates of monthly figures published by
Business Week. United States data are from the
Department of Commerce.

Banking Activity
Total loan and total deposit data are
for Federal Reserve member banks only and are
averages of data for the last Wednesday of the
preceding month, the Wednesday on or preceding
the 15th of the current month, and the last




Farm cash receipts are annual rates
of monthly figures published by the United
States Department of Agriculture.

2

SUMMARY OF CENTRAL MISSISSIPPI VALLEY ECONOMIC ACTIVITY
The pace of economic activity In the Central
Mississippi Valley (CMV) Increased in the first quarter
of 1972 from fourth quarter 1971 levels. Employment,
personal income, spending, and banking activity in CMV
states advanced faster than in the nation as a whole.
Of the selected economic indicators, only CMV farm
cash receipts lagged behind the national trend.

Louisville

Total employment in the CMV states rose at an
annual rate of 6.6 percent during the first quarter,
above the 4.2 percent rate of the nation.
For both the
CMV and U.S., employment in nonmanufacturing industries
showed the greatest gains. The unemployment rate for
the CMV states decreased to 4.6, remaining well below
the 5.9 percent rate in the nation.

Memphis

Banking activity advanced rapidly in the first
quarter as loans and deposits of member banks rose at
rates of 18.5 and 15.7 percent, respectively. The
unemployment rate dropped to 5.1 percent, the lowest
quarterly level in more than a year.

Payroll employment in Memphis increased at a
rate of 7.2 percent during the quarter, and total em­
ployment rose by 11.3 percent, dropping the unemploy­
ment rate to 2.9 percent in March.
Bank loans and
deposits rose sharply in January and then leveled off
during the remainder of the quarter.

Personal income for the CMV states increased at
an annual rate of 15.6 percent during the first quarter,
above the 11.1 percent growth rate of the nation.
Farm
cash receipts in the CMV states lagged well behind those
of the U.S., increasing at a rate of 4.7 percent while
U.S. receipts rose at a rate of 26.4 percent. This lag
reflects some unusual CMV marketings last fall rather
than a basic difference in area and U.S. trends. Spend­
ing, measured by check payments, grew at a 17.9 percent
rate in the eight CMV metropolitan areas, above the 13.2
percent rate of increase in the U.S.

Little Rock
While payroll employment increased at a rapid
5.5 percent rate in the first quarter, the unemploy­
ment rate rose slightly to 3.1 percent.
Bank loans
continued the rapid expansion that began in the middle
of 1971.
Evansville, Springfield, Fort Smith, Pine Bluff
Loans at Evansville banks are continuing to
recover from substantial declines experienced during
the summer of 1971; loans at these banks grew at an
annual rate of 19.2 percent in the first quarter of
1972. Springfield nonmanufacturing employment rose
at a rate of 3.4 percent in the quarter, the first
strong advance since the beginning of 1971.
Fort
Smith bank loans fell in the first quarter after in­
creasing at a rate of 18.4 percent in 1971. This
loan decline may reflect the slow 4.1 percent rate
of deposit growth at these banks since the second
quarter of 1971. Nonmanufacturing employment in
Pine Bluff declined of 0.7 percent during 1971, but
rose at an annual rate of 10.4 percent in the first
quarter of this year.

The rate of growth of banking activity, as shown
by loans and deposits of CMV metropolitan area banks,
increased at faster rates in the first quarter of this
year than in late 1971. Total deposits of these banks
grew at a 16.2 percent rate in the quarter compared with
a 6.1 percent rate in the second half of 1971. Loans
at the CMV banks rose at a rate of 20.7 percent in the
quarter, twice the 9.4 percent increase for the second
half of 1971.
St. Louis
The seasonally adjusted average unemployment rate
for the first quarter of 1972 was 6.0 percent, the lowest
rate since the first quarter of 1971. Nonmanufacturing
employment increased for the first time since the be­
ginning of 1971, rising at an annual rate of 2.6 percent.



3

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

VALLEY STATE SUMMARY
III

IV

1972
1

JAN

1972
FEB

MAR

104.7
105.9

104.3
106.5

105. 1
107.5

106.8
108.6

106.8
108.3

106.6
108.3

106.9
109. 1

107.9
107.0

107.7
107.4

107.5
107.3

108.1
107.9

109.7
109. 1

109.7
108.8

109.7
109.0

109.7
109.4

109.8
112.0

109.6
112.4

109.7
112.3

109.8
113.0

111.7
114.4

111.8
114.2

111.7
114.2

1!1.6
114.7

103.5
95.2

103.3
95.4

102.6
95.3

104.1
95.8

105.3
96.4

104.9
95.9

105.3
96.4

105.6
96.9

5.3
6.0

5.2
6.0

5.3
6.0

5.0
6.0

4.6
5.9

4.5
5.9

4.8
5.7

4.5
5.9

132.2
132.5

136.0
132.7

138. 1
137.4

141.0
139.3

N. A.
143.0

144.5
141.9

N. A.
143.3

N. A.
143.8

119.2
117.1

117.3
118.7

114.4
119.7

134. 1
128.2

N. A.
N. A.

130.9
126.6

134.7
134.6

N. A.
N. A.

i

II

105.4
105.7

1971

MANPOWER UTILIZATION
TOTAL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
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 INCOME INDEX
C.M.V. STATES
UNITED STATES
FARM CASH RECEIPTS INDEX
C.M.V. STATES
UNITED STATES

N.A.
ALL

- NOT AVAILABLE
INDEXES;




1967-100

4

CENTRAL M I S S I S S I P P I
VALLEY STATE SUMMARY
1967-100

PAYROLL EMPLOYMENT

1967-100
130

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
STATE
SUMMARY U.S.
TOTAL PAYROLL EMPLOYMENT
♦ 2.2
♦2.0
♦ 1.8
NONMANUFACTURING
♦ 2.2
MANUFACTURING
♦ 2.8
♦ 2.2
♦ 1.7
TOTAL EMPLOYMENT
♦3.4
♦9.6
♦7.6
PERSONAL INCOME *
* YEAR ENDING JANUARY

125
120

115

110
105

100
95

NONMANUFACTURING EMPLOYMENT

1967-100

TOTAL EMPLOYMENT

1967-100

1967-100

PERSONAL INCOME

1967 -100
170
165
160
155
150

MANUFACTURING EMPLOYMENT

145
140
135
130
125
120

115

110
105
C.M.V.

STATES




U.S.

ALL DATA ARE SEASONALLY ADJUSTED

5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
1971

III

IV

1972
1

JAN

1972
FEB

MAR

711.8
107.0

721.8
107.1

707. 1
107.3

695.0
109.8

681.0
109.5

693.3
109.5

710.5
110.4

527.6
108. 1

543.3
108.8

550. 2
108.9

546.6
109.6

540.3
110.7

536.7
110.4

539.3
110.7

544.8
110.9

363.5
107.4

374.3
107.9

378.0
107.8

375. 1
108.2

368.9
109.0

366.0
108.6

368.3
109.0

372.2
109.2

164. 1
109.7

169. 1
111.1

172.2
111.5

171.5
112.7

171.5
114.6

170.7
114.5

171.0
114.4

172.6
114.9

45.9
5.6

41.8
5.4

37.2
5.4

35.3
5.2

41.3
5.0

42.5
5. 1

42.9
5. 1

38.5
4.7

5,404
135.8

5,552
138.5

5,836
141.6

6,396
144.8

N.A.
N.A.

5,976
143.2

N.A.
N.A.

N.A.
N.A.

650
119.0

682
122.6

808
122.2

2,590
149.2

N.A.
N.A.

930
134.5

668
141.7

N.A.
N.A.

1

II

680.8
107.6

MANPOWER UTILIZATION
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
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.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

6

ARKANSAS
1967-100

PAYROLL EMPLOYMENT

1967

100
130

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

125
120

115

110
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR ENDING JANUARY

105

100
95

NONMANUFACTURING EMPLOYMENT
130

ARKANSAS
♦2.3
♦ 1.5
♦4.3
♦2.4
♦4.3

U.S.
♦2.2
♦2.2
♦2.2
♦3.4
♦7.6

125
120

1967-100

TOTAL EMPLOYMENT

1967-100

115

120

110

115

105

110

100

105

95

100

MANUFACTURING EMPLOYMENT

95
120

115

110

PERCENT

UNEMPLOYMENT RATE

PERCENT
10

105

100
95
90
85
ARKANSAS



U. S

ALL DATA ARE SEASONALLY ADJUSTED

7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
1

II

1971

III

IV

1972
1

JAN

1972
FEB

MAR

MANPOWER UTILIZATION
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
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

1118.0 1170.5 1187.7 1175.1 1124.0 1120.0 1114.6 1137.3
107.6 106.6 106.0 106.4 108.2 108.9 107.6 107.9
916.6
111.7

938.7
111.7

940. 1
111.9

946.4
112.2

928.2
113.1

931.7
113.6

923.2
112.6

929.7
113.0

668.0
113.1

692.0
113.6

693.6
114.3

695.3
113.9

675.7
114.4

679.5
115.3

672.1
114.0

675.5
113.9

248.7
107.9

246.7
106.7

246.5
105.8

251 .1
107.8

252.5
109.6

252.2
109. 1

251.1
109.0

254.2
110.6

76.2
5.7

73.2
5.7

70.9
6. 1

63.4
5.5

67.2
5.0

65.2
4.7

69.3
5.0

67. 1
5.2

N. A. 11,520
N. A. 147.4

N.A.
N.A.

N.A.
N.A.

588
125.0

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

N.A.
ALL

10,092 10,560 10,716 11,432
133.0 137.8 139.9 142.5
754
112.1

500
115.4

- NOT AVAILABLE
INDEXES:




1967-100

8

668
125.0

1,751
134.4

N. A.
N.A.

1,480
130.0

KENTUCKY
1967-100

PAYROLL EMPLOYMENT

1967-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

CM

130

U.S.
+2.2
♦2.2
+

NONMANUFACTURING EMPLOYMENT

KENTUCKY
+ 1.3
+0.6
+3.3
+0.2
+ 12.2

CM

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR ENDING JANUARY

♦3.4
♦7.6

125
120

100

115

120

110

115

105

110

100

105

95

100

MANUFACTURING EMPLOYMENT

PERSONAL INCOME

95
120

115

110
105
100

95
90
85
KENTUCKY




U.S.

ALL DATA ARE SEASONALLY ADJUSTED

9

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

M ISSISSIPPI
1971

111

IV

1972
1

JAN

1972
FEB

MAR

796.3
105.2

800.3
105.5

819.2
107.9

806.9
108. 1

804.6
107.9

806.0
108.0

810.0
108.3

576.4
109.9

584.1
109.7

587.6
109.9

596.6
111.3

597.0
113.8

594.7
113.7

596. 1
113.6

600. 1
114.0

394.7
109.9

399.6
109.3

401.0
109.5

406.2
110.3

402.5
112.1

402.3
112.5

401.4
111.8

403.8
111.9

181.8
109.9

184.6
110.8

186.6
110.9

190.4
113.5

194.5
117.6

192.4
116.3

194.7
117.6

196.3
118.7

44.3
5.2

47.0
5. 1

42.0
5. 1

33.8
4.5

34.9
4.1

35.5
4.1

35.2
4.0

33.8
4.0

5,732
133.1

5,872
136. 1

6,048
137.8

6,824
142.7

N. A.
N. A.

6,576
149.7

N.A.
N.A.

N.A.
N.A.

822
116.5

641
117.6

626
111.3

1,294
128.7

727
132.2

N.A.
N.A.

1

11

786.3
105.4

MANPOWER UTILIZATION
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
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.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

10

i
!
1
1,778 ' N. A.
135.5 1 N.A.

MISSISSIPPI
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

CM

130

*

NONMANUFACTURING EMPLOYMENT

U.S.
*2.2
CM

MISSISSIPPI
TOTAL PAYROLL EMPLOYMENT
*3.8
NONMANUFACTURING
1-2.1
+7.7
MANUFACTURING
TOTAL EMPLOYMENT
1-2.8
+ 12.7
PERSONAL INCOME *
* YEAR ENDING JANUARY

♦2.2
*3.4
*7.6

125
120

TOTAL EMPLOYMENT

PERSONAL INCOME

115

1967 -100
170

uo

165

105

160

100

155

95

150

1967-100

MANUFACTURING EMPLOYMENT

1967-100

1967-100

145

MO
135
130
125
120

115

110
105
MISSISSIPPI



—

U.S.

ALL DATA ARE SEASONALLY ADJUSTED

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1

II

1971

III

IV

1972
1

JAN

1972
FEB

MAR

MANPOWER UTILIZATION
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
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

1904.7 1970.5 1975.6 1947.4 1900.4 1884.7 1888.8 1927.7
101.6 101.1
99.9 100. 1 101.4 101.1
101.4 101.5
1614.6 1632.2 1621.7 1633.6 1615.8 1612.0 1611.8 1623.6
103.0 102.6 101.9 101.8 103.0 102.6 103. 1 103. 1
1192.6 1210.2 1202.2 1211.2 1193.5 1190.5 1189.9 1199.9
106.6 106.2 105.9 105.5 106.7 106.4 106.6 106.9
422.0
93.7

422. 1
93.4

419.5
91.9

422.5
92.6

422.4
93.8

421.5
93. 1

421.9
94.5

423.7
93.6

122.6
5.5

113.6
5.2

114.2
5.6

95.6
5.5

115.3
5.2

114.5
5.0

124.5
5.6

106.7
5.0

N. A. 18,780
N. A. 138.1

N.A.
N. A .

N.A.
N.A.

1,51 1
140.6

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 INDEX

N.A.
ALL

17,512 18,040 18,312 18,879
129.3 131.7 132.4 134.8
1,399
117.2

1,224
114.0

- NOT AVAILABLE
INDEXES:




1967-100

12

1,558
117.6

2,557
133.6

N. A.
N. A .

1,800
129.8

MISSOURI
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

NONMANUFACTURING EMPLOYMENT

1967-100

TOTAL EMPLOYMENT

1967-100

1967-100

PERSONAL INCOME

U.S.
♦
ro
ro

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR ENDING JANUARY

MISSOURI
+0.7
+0.4
+ 1.7
+0.5
+7.2

+2.2
+2.2
+5.4
+7.6

1967 -100
170
165
160
155
150

MANUFACTURING EMPLOYMENT

145
140
155
150
125

120
115

110
105
MISSOURI



U.S

ALL DATA ARE SEASONALLY ADJUSTED

13

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TENNESSEE
1

II

1971

III

IV

1972
1

JAN

1972
FEB

MAR

MANPOWER UTILIZATION
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
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

1620.1 1658.6 1667.6 1701.1 1665.9 1660.2 1660.0 1677.4
108.0 107.0 106.8 107.9 111.0 111.4 110.7 I10.8
1341.2 1353.8 1359.4 1376.9 1381.5 1379.3 1380.8 1384.3
111.0 110.3 110. 1 111.2 114.3 114.4 114.4 114.1
878.9
113.2

892.2
112.4

894.6
112.3

907.9
113.4

918.0
118.3

916.0
118.4

917.8
118.5

920. 1
117.8

462.3
106.9

461.7
106.4

464.8
106.0

469.0
107.3

463.5
107.3

463.3
107. 1

463.0
107.5

464.2
107.3

88.6
4.9

90.5
4.9

76.7
4.6

65.8
4.2

69.9
3.8

71.4
3.7

71.7
3.9

66.4
3.7

N. A. 13,716
N. A. 148.4

N. A .
N. A.

N. A.
N. A.

538
126.8

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

12,380 12,956 13,336 13,832
134.2 139.8 142.8 146.7
661
142.0

491
119.0

N . A . - NOT AVAILABLE
ALL

INDEXES:




1967-100

14

448
91.9

1,400
134.9

N. A .
N. A.

737
136.8

TENNESSEE
1967-100

PAYROLL EMPLOYMENT

1967

100
130

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

125
120

115

110
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR ENDING JANUARY

105

100
95

NONMANUFACTURING EMPLOYMENT
130

TENNESSEE
♦3.4
♦4.7
♦0.9
♦3.2
♦ 11.5

U.S.
♦2.2
♦2.2
♦2.2
♦3.4
♦7.6

125
120

1967-100

TOTAL EMPLOYMENT

120

1967 -100
170

110

115

165

105

110

160

100

105

155

95

100

150

95

145

MANUFACTURING EMPLOYMENT

140

120

115

TENNESSEE

.




U.S

1967-100

PERSONAL INCOME

115

1967-100

percent

UNEMPLOYMENT RATE

pe r c e n t

135

110

130

105

125

100

120

95

115

90

110

85

105
ALL DATA ARE SEASONALLY ADJUSTED

15

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EIGHT CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS
1971

III

IV

1972
1

JAN

1972
FEB

MAR

106.0
107.4

106.0
107.3

106.6
107.9

106.7
109. 1

106.6
108.8

106.6
109.0

106.8
109.4

110.5
112.0

110.8
112.4

110.4
112.3

111.2
113.0

112.1
114.4

112.1
114.2

112.0
114.2

112.1
114.7

95.7
95.2

95. 1
95.4

93.6
95.3

95. 1
95.8

95.0
96.4

94.9
95.9

94.9
96.4

95.1
96.9

5.4
6.0

5.4
6.0

5.5
6.0

5.4
6.0

5.0
5.9

4.9
5.9

5.2
5.7

4.7
5.9

133.7
135.0

136.8
137.8

137.2
140.4

143. 1
144.3

150.0
149.0

149.5
146.8

149.4
148.3

151.1
151.7

121.4
127.9

126.7
132.3

129.0
134.9

130.6
137.0

135.6
141.2

132.3
139.6

136.0
141.0

138.3
142.8

153.9
160.7

160. 1
169.5

170.4
177.0

178.7
179.5

186.1
N.A.

184.0
183.4

187.7
184.8

186.6
N.A.

1

II

104. I
107.0

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS INDEX
C.M.V. AREAS
UNITED STATES
TOTAL DEPOSITS INDEX
C.M.V. AREAS
UNITED STATES

SPENDING
CHECK PAYMENTS INDEX
C.M.V. AREAS
UNITED STATES
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

16

EIGHT CENTRAL MISSISSIPPI VALLEY
METROPOLITAN AREAS
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
AREA
SUMMARY U.S.
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING FEBRUARY

TOTAL BANK DEPOSITS
UNEMPLOYMENT RATE

PERCENT

-1 1 1 1 1 1 1 1 1 1 1 1 1 1 I I 1111 l i . 1 1 1 1 1 1 ■ 11 i i

C. M.V.

AREAS




1971
■■■ U . S .

1972
---------

*2.2
* 11.6

* 11.6

* 10.1

*21.9

*15.4

CHECK PAYMENTS

1967-100

1967-100
240
220

PERCENT

10

1970

+2.3
* 12.8

10

200

8

180

6

160

4

140

2

120
100

0

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

17

1970

1971

1972

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ST.

LOUIS, MISSOURI - ILLI NO IS
METROPOLITAN AREA
1

II

1971

III

IV

MANPOWER UTILIZATION
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

1972
1

JAN

1972
FEB

MAR

i

878.0
101 .6

891.1
101.3

887.6
100.4

889. 1
100.5

872.3
101.0

871.2
100.7

871.6
101.5

873.9
100.6

617. 1
107.5

629.7
107.5

628.5
107.1

631.4
107.1

618.9
107.9

618.8
108.0

618.0
107.9

619.9
107.6

260.9
89.9

261.5
89. 1

259. 1
87.1

257.5
87.3

253.4
87.3

252.4
86.3

253.6
88.9

254.0
86.7

66.5
6.0

67.0
6.2

66.2
6.3

55.4
6.2

64.9
6.0

62.8
5.7

71.0
6.3

60.9
5.8

2,571
124.4

2,604
127.0

2,573
124. 1

2,639
128.2

2,694
130.4

2,750
130.7

2,656
128.9

2,676
131.4

3,797
111.4

3,827
114.5

3,871
115.8

3,981
116. 1

4,047
118.6

4,111
116.7

3,100
118. 1

4,031
121.0

150. 1
153.8

156.2
160.4

166.9
174.5

176.6
181.9

187.0
186.8

195. 1
186.7

165.3
188.8

200.4
184.8

BANKING ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

18

ST. LOUIS
MISSOURI-ILLINOIS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1967-100

TOTAL BANK LOANS

1967-100

220

220

210

210

200

200

190

190

180

180

170

170

160

160

150

150

140

140

130

1970

1971

120
110
100

1972

130
----------- --------

UNEMPLOYMENT RATE

L O UI S




U.S.

U.S.

-0.4
+5.6
+7.1
+22.4

+2.2
+ 1!.6
+ 10. 1
+ 15.4

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
X YEAR ENDING FEBRUARY

■i 1 1 1 1 1 1 1 1 J-l

1970

1 1 l.ll.l.U 1-J 1- 1 1 1 1 1 1 1 l.l LI

1971

1972

110
100
CHECK PAYMENTS

1967-100

1967-100
240
220

PERCENT

10
8
6

200

4

140

2

120
100

0
ST .

ST. LOUIS

120

TOTAL BANK DEPOSITS

PERCENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

180
160

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

19

1970

1971

1972

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

L O U I S V I L L E , K E N T U C K Y - I N D I ANA
METROPOLI TAN AREA
1971

III

IV

1972
1

JAN

1972
FEB

MAR

329.3
109.8

329.6
109.3

332.1
111.2

325.2
111.3

324.2
111.1

324.0
110.8

327.4
111.8

216.1
116.3

224.1
116.6

224.8
116.7

225.5
117.7

218.7
117.7

218. 1
117.6

217.8
117.3

220. 1
118.2

108.4
101.4

105.2
97.7

104.7
96.3

106.7
99.8

106.6
99.7

106.2
99.4

106.2
99.2

107.4
100.4

19.7
5.3

22.7
5.5

22.3
5.5

18. 1
5.4

18.9
5. 1

18.9
5.0

19.9
5. 1

17.7
5.0

981
161.8

1,002
168.4

1,01 1
168.0

1,052
170.7

1,079
178.0

1,097
175.0

1,067
177.4

1,075
181.5

1,413
134.1

1,469
142.4

1,503
145.8

1,552
145.2

1,585
150.5

1,606
145.6

1,568
151.3

1,580
154.5

30. 1
146.8

32.1
152.5

32.0
153.5

35. 1
162.0

34.7
166.5

34.8
161.7

32.0
166.9

37.2
170.7

1

II

324.5
111.0

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

20

LO UISVILLE
KENTUCKY-INDIANA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1967-100

TOTAL BANK LOANS

1967->100
220

210

210

200

200

190

190

180

180

170

170

160

160

150

150

140

140

130

1970

1971

1972

130

—

120

120

110
100

110
100

■-IJ..I Lli l.i 1 li tlit i.Lii Li j- i .I i .I i .I ii

1970

1971

1972

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




U.S.

LOUISVILLE
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
X YEAR ENDING FEBRUARY

1967-100

CHECK PAYMENTS

+0.8
+ 10.7
+ 12.2
+ 13.9

U.S.
+2.2
+ 11.6
+ 10. 1
+ 15.4

1967-100
240
220

PERCENT
10

200

8

180

6

160

4

140

2

120

0

LOUISVILLE

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

21

100
PREPARED BY FEOERAL RESERVE BANE OF ST. LOUIS

MEMPHIS, TENNESSEE-ARKANSAS
METROPOLITAN AREA
1

II

1971

III

IV

1

JAN

1972
FEB

MAR

1972

MANPOWER UTILIZATION
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

275.1
111.8

279.7
112.1

283.4
112.5

286.2
113.5

284.2
115.5

284.6
115.6

283.0
115.0

284.8
115.7

218.1
115.1

222.7
115.9

226.1
116.4

227.8
117.0

226.0
119.2

226.6
119.3

224.7
118.6

226.7
119.7

57.1
101.1

57.0
99.6

57.3
99.7

58.4
102.0

58.2
103.0

58.0
103.3

56.3
103.0

56.1
102.6

13.8
4.3

16.5
4.3

16.3
4.4

11.7
3.9

12.7
3.5

12.2
3.8

13.1
3.6

12.6
2.9

1,092
132.8

1,057
131.1

1,113
137.9

1,202
146.0

1,320
160.5

1,348
162.2

1,320
160.8

1,292
156.3

1,684
131.9

1,755
139.0

1,792
142.8

1,920
147.8

2,020
158.2

2,034
154.3

2,001
160.2

2,026
160.0

34.1
162.6

34.9
166.7

36.8
176.7

42.5
189.0

45.4
211.8

44.1
203.3

42.9
212.9

49.0
219.0

BANKING ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

22

U F M P H IS

TENNESSEE-ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1967 •100
220

TOTAL BANK LOANS

1967-100
220

210

210

200

200

190

190

180

180

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
MEMPHIS

170

170
160

J

150

/Vs

160

y

150

140

140

150

130

120

120

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
# YEAR ENDING FEBRUARY

+3.5
+21.5
+18.4
+31.9

U.S.
+2.2
+11.6
+10.1
+15.4

110
110
.
........
III.ill.In
.
i
i
.
L
j
j
J
.
i
x
L
i
i
A
.
100
100
1970

1971

1972

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

PERCENT

CHECK PAYMENTS

1967-100
240

1967-100
240

220

220

200

200

180

180
160

160
140

---- -------- ^

140

120

120

1970

MEMPHIS



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

23

100

1 1 1 1 i 1 i 1 1.1 i

1970

■Ll L i .1,1 J - t J j - L ■t i l l l l - l - I I.LJ -

1971

1972

100

PREPARED 6Y FEDERAL RESERVE SANK OF ST. LOUIS

LITTLE ROCK, NORTH LITTLE ROCK, ARKANSAS
METROPOLITAN AREA
1971

III

IV

1972
1

JAN

126.8
109.6

128.6
110.1

128.8
111.5

128.0
112.9

96.5
108.4

99.6
109.3

101.3
110.1

101.7
111.7

26.9
110.2

27.3
110.6

27.3
110.1

4.6
3.3

4.9
3.2

347
137.0

1972

FEB

MAR

127.5
112.6

127.4
112.4

129. 1
113.6

100.9
113.4

100.5
113.0

100.3
112.9

101.8
114.1

27.2
110.6

27.2
111.2

27.0
111.0

27.1
110.6

27.3
111.8

5.0
3.2

4.3
2.9

4.5
3.1

4.8
3.2

4.4
3.2

4. 1
2.9

367
144.6

397
154.7

446
173. 1

505
199.6

502
195.9

507
200.5

507
202.2

548
128.5

572
135.5

583
138.0

616
141.4

645
151.3

646
146. 1

642
153. 1

647
154.5

11.0
168.0

11.4
173.5

11.3
174.7

12.3
186. I

13.2
199.0

14.0
195.5

12.2
201 .8

13.3
199.6

1

II

123.3
108.8

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

24

LITTLE ROCK
NORTH LITTLE ROCK, ARKANSAS
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
LITTLE ROCK
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR END INC FEBRUARY

1970

1971

UNEMPLOYMENT RATE

+2.2
+ 11.6
+ 10. 1
+ 15.4

1972

TOTAL BANK DEPOSITS

PERCENT

+4.0
+44. 1
+ 17.3
+ 19. 1

U.S.

CHECK PAYMENTS

1967-100

1967-100
240
220

PERCENT

200

180
160
140
120

1970
L I T T L E ROCK




1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

U.S.

25

E V A N S V IL L E , INDIANA-KENTUCKY
M E T R O P O L I T A N AREA
1971

1

JAN

1972
FEB

MAR

87.8
103.8

88.0
105.9

87.4
105.9

87.8
105.5

88.8
106. 1

56.5
109. 1

56.3
108.2

55.6
110.5

55.6
110.9

55.3
109.9

55.8
110.7

34.6
100.3

33.8
98.3

31.6
96.8

32.5
98.4

31.6
97.9

32.5
98.5

33.0
98.8

5.4
4.7

4.5
4.0

3.9
4.0

5.3
5.7

5.0
4.4

5.0
4.2

5.3
4.4

4.7
4.5

268
134.0

284
138.9

274
134.5

286
140.1

293
146.4

293
146.2

289
145.4

296
147.6

395
127.9

410
132.1

409
133.8

422
135.8

436
141.2

437
137.4

431
142.1

440
144.0

5.8
123.8

6.0
126.1

6.0
125. 1

6.4
132.4

6.3
134.3

6.6
135.0

5.9
133.3

6.3
134.5

1

II

85. 1
102.4

III

IV

90.8
106.1

90.3
105.0

54.7
109.0

56.2
109.7

30.4
92.2

1972

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N. A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

26

EVANSVILLE
INDIANA-KENTUCKY
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967 - 1 0 0

220

210

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972

200

190
180

EVANSVILLE

170
160
150
140
150

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING FEBRUARY

+0.1
+9.2
+ 11.4
♦7.5

U.S.
+2.2
+ 11.6
+ 10.1
+ 15.4

120

1970

1971

1972

1970

1971

1972

110
100

TOTAL BANK DEPOSITS

CHECK PAYMENTS

1967-100

1967-100

170
PERCENT

UNEMPLOYMENT RATE

1970

EVANSVILLE



1971

1972
U.S.

160

PERCENT
10

150

8

140

6

150

4

120

2

110
100

0

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

27

1970

1971

1972

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

SPRINGFIELD MISSOURI
METROPOLITAN AREA
1971

III

IV

1972
1

JAN

1972
FEB

MAR

58.5
117.9

58.3
117.3

59.3
118.0

58.5
119.7

58. 1
118.6

58.3
119.2

58.9
121.2

42.9
120.3

43.0
118.0

42.4
117.6

43.1
117.9

42.4
118.8

42.0
117.7

42.4
118.8

42.7
119.9

15.4
115.9

15.5
117.5

16.0
116.6

16.2
118.4

16.1
121.9

16. 1
120.9

15.9
120.2

16.2
124.6

3.6
4.3

3.0
4.0

2.6
4.1

2.5
3.9

2.9
3.5

3.4
3.8

2.7
3. 1

2.6
3.4

87
171.5

94
180.8

100
186.8

102
194.6

107
209.7

106
207.4

107
210.9

108
210.7

137
139.3

144
148.1

155
153.3

161
159.2

168
171.3

166
164.5

168
173.2

170
176.1

4.8
182.2

5.2
196.9

5.3
195.5

5.3
201.2

5.4
204.6

5.4
201.5

5.0
204.0

5.7
208.2

1

II

58.2
119.1

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

28

SPRINGFIELD
MISSOURI
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
SPRINGFIELD
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING FEBRUARY

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

1970

SPRINGFIELD




1971

1972

u.s.

*2.6
+21.1
+23.6
+ 11.8

CHECK PAYMENTS

1967-100

U.S.
♦2.2
♦ 11.6
♦ 10.1
♦ 15.4

180

1967-100
240

170

220

10

160

200

8

150

180

6

140

160

4

130

140

2

120

120

PERCENT

0

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

29

110

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT SMITH, ARKANSAS-OKLAHOMA
METROPOLITAN AREA
1

II

46. 1
111.6

1971

1972

1

JAN

48.1
114.1

47.5
115.4

30.3
107.7

30.8
109.4

17.4
120.9

17.6
122. 1

4.2
6.5

3.7
6.0

101
136.5

III

IV

47.4
112.0

47.9
112.5

29.7
108.4

30. 1
107.5

16.4
117.9

1972
FEB

MAR

47.5
116.2

47.4
115.2

47.6
114.7

30.2
110.5

30.4
111.5

30.1
110.0

30. 1
110.0

17.4
123.2

17.4
124.9

17.2
125.4

17.3
125.4

17.5
123.9

3.3
5.8

3.3
5.6

3.6
5.4

3.7
5.4

3.7
5.5

3.2
5.2

107
142.3

109
146.5

115
152.6

113
151.9

114
153.3

113
151.7

112
150.5

152
132.8

163
143.0

164
142.9

169
145.6

169
147.5

170
144.8

166
147.2

170
150.3

2.8
141.8

3. 1
149.7

3.2
154.1

3.3
159.1

3.3
163.7

3.3
160.9

3. 1
163.9

3.5
166. 1

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

30

FORT SMITH
ARKANSAS-OKLAHOMA
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
FORT SMITH
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING FEBRUARY

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

♦ 1.4
♦8.2
♦ 10.4
♦ 15.5

CHECK PAYMENTS

1967-100

U.S.
♦2.2
♦ 11.6
♦ 10. 1
+ 15.4

1967-100
240

220

PERCENT

200

180
160
140
120

1970
FORT SMI TH



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

31

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

PINE BLUFF ARKANSAS
METROPOLITAN AREA
1971

1

JAN

1972
FEB

MAR

24.1
99.9

24.0
102. 1

24.2
102.9

23.9
102.5

23.9
100.8

18.2
99.3

18.6
100.0

18.5
102.6

18.7
103.8

18.4
102.7

18.3
101.1

5.6
99.9

5.6
97.5

5.5
99.4

5.6
100.6

5.5
100.0

5.6
101.8

5.6
100.0

2.2
6.0

2.0
5.7

1.8
5.8

1.5
5.0

1.5
4.2

1.5
4.2

1.5
4.2

1.4
4.0

94
139. 1

99
147.3

97
145.3

107
158.4

109
160.7

109
161.5

108
159.0

110
161.5

143
121.1

146
125.7

148
127.8

161
131.4

164
138.7

165
137.7

163
138.9

163
139.4

1.5
134.2

1.6
142.5

1.8
157.4

2.2
154.8

1.8
154.9

1.9
153.9

1.6
156.4

1.8
154.3

1

II

23.8
101.0

III

IV

23.8
99.3

23.7
98.9

18.3
101.5

18.2
99. 1

5.5
99.3

1972

MANPOWER UTILIZATION
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 ACTIVITY
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

32

PINE BLUFF
ARKANSAS
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1972
PINE BLUFF
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING FEBRUARY

1970

1971

UNEMPLOYMENT RATE




U.S.

+ 2.2

+13.0

+11.6

+ 11.0

+ 10.1

+17.9

+15.4

CHECK PAYMENTS

1967-100

1967-100
240
220

PERCENT
10

200

8

180

6

160

4

140

2

120

0

P I N E BLUFF

+ 0.4

1972

TOTAL BANK DEPOSITS

PERCENT

U.S.

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

33

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS

IN TEN MEDIUM-SIZE CITIES

MILLIONS OF DOLLARS
MAR
EL DORADO, ARK.

1972

1/

SEASONALLY ADJUSTED INDEX
1967 = 100
MAR

1972

FEB

1972

JAN

2/

1972

MAR

1971

91

160.8

15A.5

155.1

154.3

26

118.A

118.A

113.6

113.8

TEXARKANA SMSA, ARK.

1 A3

135.1

136.8

133.2

122.0

QUINCY,

132

153.3

152.0

1A6.8

138.4

141

1A8.7

IA5.3

144.4

134.7

98

137.5

137.3

13A.A

122.6

88

1A9.A

1A6.A

136.7

132. 7

CAPE GIRARDEAU, MO.

79

193.A

18A.7

177.6

161.5

HANNIBAL,

MO.

28

131.A

129.9

126.4

120.3

TENN.

99

15A.A

155.1

152.9

137.0

$

HELENA, ARK.

ILL.

OWENSBORO,

KY.

PADUCAH, KY.
GREENVILLE, MISS

JACKSON,

•

1/ DEBITS TO DEMAND DEPOSIT ACCOUNTS,

EXCEPT

INTERBANK AND U.S. GOVERNMENT ACCOUNTS.

2/ THREE-MONTH MOVING AVERAGES (EXCEPT LATEST MONTH,

RELEASED

APRIL 1972




WHICH IS A TWO— MONTH AVERAGE).

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

34

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