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
2ND 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, M O

KENTUCKY

8

LOUISVILLE

20 FORT SMITH

30

MISSISSIPPI

10

MEMPHIS

22 PINE BLUFF

32

MISSOURI

12

LITTLE ROCK

24

TENNESSEE

14

CHECK PAYMENTS 10 OTHER CITIES




26
28

page 34

Prepared by Federal Reserve Bank of St. Louis
Released: August 3, 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 and 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 number 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 1967-100 base. The latest data in
most series are preliminary and are revised as
the final figures are received.
Manpower Utilisation
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 growth of economic activity in the Central
Mississippi Valley (CMV) leveled off in the second quar­
ter as employment, spending, and lending lagged behind
the national trend. Of the selected economic indicators,
only CMV total deposits and personal income advanced fas­
ter than the nation as a whole.

Louisville
Despite a slight decline in total employment,
the seasonally adjusted unemployment rate dropped to
4.3 percent in the second quarter of 1972, its lowest
rate in more than a year. Banking activity continued
the first quarter advances as loans and deposits of
member banks rose at rates of 14 and 13 percent, re­
spectively, in the second quarter.

Total employment in the CMV states declined
slightly during the second quarter. This primarily re­
flects the fall in nonmanufacturing employment, which
expanded very rapidly in the first quarter. Manufactur­
ing employment showed strong increases in both the nation
and the CMV states. The unemployment rate for the CMV
states remained at the first quarter rate of 4.6 percent,
still well below the 5.8 percent rate in the nation.

Memphis
Total employment in the second quarter of
1972 increased slightly, while the seasonally adjusted
unemployment rate remained stable at 3.5 percent. Total
member bank loans continued the decline begun earlier
in the year.

Personal income in the CMV states increased at
an annual rate of 11 percent in the three month period
ending in April, above the 8.4 percent growth rate in the
nation. Although still well above 1971 levels farm cash
receipts declined in both the CMV states and the nation
as a whole. Spending, measured by check payments, grew
at a 19 percent rate in the eight CMV metropolitan areas,
compared with the 22 percent rate of increase in the U.S.

Little Rock
Bank loans and deposits continued to expand
rapidly, rising at rates of 28 and 27 percent, respec­
tively. The seasonally adjusted rate of unemployment
increased slightly in the second quarter to 3.2 percent.

The rate of growth of banking activity, as
shown by loans and deposits of CMV metropolitan area banks,
increased at slower rates in the second quarter of 1972
than in the first quarter. Total deposits increased at a
13 percent rate in the second quarter compared with a 16
percent rate in the first quarter. Loans at CMV banks in­
creased at a rate of only 4.1 percent, well below the rate
of increase for the first quarter of 1972.

Evansville. Springfield, Fort Smith, Pine Bluff
Manufacturing employment in Evansville de­
clined at a 9 percent rate during the second quarter
of 1972. Springfield's manufacturing employment con­
tinued to show a strong upswing, increasing at a 15
percent rate. Payroll employment in Fort Smith de­
clined at a 1.7 percent rate in the second quarter,
the first decline since the end of 1970. Pine Bluff's
payroll employment declined at an annual rate of 7.2
percent in the second quarter of 1972 and the unemploy­
ment rate rose slightly to 4.5 percent.

St. Louis
Second quarter manuf acturing and nonmanufactinring
employment fell to their lowest quarterly levels in more
than a year, declining at rates of 3.2 and 3.3 percent, re­
spectively. The unemployment rate rose to its 1971 average
level of 6.2 percent.




3

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

VALLEY STATE SUMMARY
1971
111

IV

1

104.6
105.9

104.2
106.5

105.0
107.5

107.5
107.4

107.3
107.3

109.4
112.4
103.3
95.4

1972

11

APR

106.8
108.6

106.7
109.5

107.9
107.9

109.8
109. 1

109.4
112.3

109.6
113.0

102.6

1972
MAY

JUN

106.4
109. 1

107.3
109.4

106.2
109.8

110.0
1 10.2

109.8
109.9

110.1
110.2

110.3

111.8

111.6

111.6

115.3

111.4
114.9

111.6

114.4

115.3

115.7

104. 1
95.8

105.3
96.4

106.5
97.6

106.3
97.4

106.7
97.9

106.5
97.4

4.6
5.9

4.6
5.8

4.5
5.9

4.6
5.9

4.6
5.5

148.1
144.8

N.A.
145.5

N.A.
N.A.

127. 1
132.7

N.A.
N.A.

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

95.3

5.1

5.3

4.9

6.0

6.0

6.0

110.0

INCOME
PERSONAL INCOME INDEX
C.M.V. STATES
UNITED STATES

i
136.3
135.6

138.3
137.4

141.4
139.3

145.5
143.1

117.3
118.7

114.4
119.7

134. 1
128.2

131.9
128.4

FARM CASH RECEIPTS INDEX
C.M.V. STATES
UNITED STATES

N .A . - NOT AVAILABLE
ALL INDEXES:



1967-100

4

N. A.
N. A.

i1
i
N.A. | 125.0
N.A. 1 119.3

CENTRAL M I S S I S S I P P I
VALLEY STATE SUMMARY
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972
STATE
SUMMARY
TOTAL PAYROLL EMPLOYMENT
MANUFACTURING
TOTAL EMPLOYMENT

1-3.4

1-2. 8
+3. 1
1-I.8

♦ 1. 8

1-4. 1

PERSONAL INCOME *

1-8.4

1-8 .1

NONMANUFACTURING

NONMANUFACTURING EMPLOYMENT

X

130

1-2.5

U.S.

1-2. 2

YEAR ENDING APRIL

125

120

1967-100

TOTAL EMPLOYMENT




U.S,

1967-100

PERSONAL INCOME

1967- •100

115

170

110

165

105

160

100

155

95

150

MANUFACTURING EMPLOYMENT

C .M.V. STATES

1967-100

145
120

140

115

135

110

130

105

125

100

120

95

115

90

110

85

105
ALL DATA ARE SEASONALLY ADJUSTED

5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
1971

1972
MAY

JUN

715.5
109.3

733.4

739.6
109.3

550.5

554.7
111.3

565.0

111.2

376.4
109.3

378.9
109.5

386.7

176.1!! 174.1
115.6 115.6

175.8
115.4

178.3
115.6

36. 1
4.7

36. 1
5.0

43.3
4.9

N. A.
N. A.

6,060
151.5

N. A.
N. A.

N. A.
N. A.

N. A.
N. A.

650
135.6

510
105.3

N. A.
N. A.

1 972

11

111

IV

1

11

APR

711.8
107.0

721.8
107.1

707.1
107.3

694.9
109.8

729.5
109.6

543.3
108.8

550.2
108.9

546.6
109.6

540.2
110.7

556.8
111.5

374.3
107.9

378.0
107.8

375. 1
108.2

368.8
108.9

380.7
109.7

169. 1

172.2
111.5

171.5
112.7

171.5
114.6

41.8
5.4

37.2
5.4

35.3
5.2

41.3
5.0

38.5
4.9

5,552
138.8

5,836
142.2

6,396
145.0

5,940
149.3

682

808

122.6

122.2

2,590
149.2

756
138.8

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

111.1

1
1

110.0

111.8

110.1

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

ARKANSAS
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTUR 1 NC
MANUFACTUR1NC

NONMANUFACTURING EMPLOYMENT

U.S.

+2 .6
+2. 0

+2. 8
+3 .1
+1 . 8

TOTAL EMPLOYMENT

+3.8
+2.4

+4.1

PERSONAL INCOME *

+9.2

+8.1

*

130

ARKANSAS

YEAR ENDING APRIL

125

PERSONAL INCOME

120

115
110

105
100

95

MANUFACTURING EMPLOYMENT
120

115
110

105
100

95
90
85

ARKANSAS



U.S

ALL DATA ARE SEASONALLY ADJUSTEO

7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
1971
11

111

IV

1972
1

APR

11

1 972

MAY

JUN

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANOS OF PERSONS
SEASONALLY ADJUSTED INDEX

1162.1 1178.8 1165.2 1124.0 1183.2 1152.5 1193.9 1203.1
105.7 105.2 105.6 108.2 107.7 107.5 108.5 107. 1

PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

931.3
110.7

932.2
110.9

937.7
111.4

928.9
113.1

950. 1
112.9

942.2

684.9
112.3

6 8 6 .1

112.9

687.0
112.9

676.0
114.4

246.5
106.6

246.2
105.6

250.8
107.5

67. 1
5.3

65.8
5.7

57.6
5. 1

954.5

112.8

953.5
113.1

693.8
113.8

687.5
113.5

697.9
114.0

696.0
113.7

252.9

256.3

254.7

255.6

110.0

110.8

111.0

110.8

258.5
110.4

67.3
5.2

63.8
5.0

60.8
5.0

58.5
5.0

72. 1
4.8

N. A. 11,292
N. A. 148.6

N. A.
N. A.

N. A.
N. A.

781
186.5

N. A.
N. A.

112.8

NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

INCOME

1

PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

1

10,520 10,716 11,432 11,224
137.2 139.8 142.8 147.7

FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

500
115.4

668

125.0

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




8

1,751
134.4

890
129.0

N. A.
N. A.

528
122.7

KENTUCKY
1067-100

PAYROLL EMPLOYMENT

1967-100
130

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

125
120

YEAR ENOING

115

JUNE 1972
KENTUCKY

U.S.

1-2. 2
tl .3
*4.3

*2. 8
*3 .1

TOTAL EMPLOYMENT

* 1. 0

*4. 1

PERSONAL INCOME *

*9.4

*8 .1

110

TOTAL PAYROLL EMPLOYMENT

105

NONMANUFACTURING

100

MANUFACTURING

95

NONMANUFACTURING EMPLOYMENT

*

130

* 1. 8

YEAR ENDING APRIL

125
120

1967 -100

115

1967 -100
170

110

165

105

160

100

155

95

150

MANUFACTURING EMPLOYMENT

KENTUCKY



-

U.S.

PERSONAL INCOME

145
120

140

115

135

110

130

105

125

100

120

95

115

90

110

85

105
ALL DATA ARE SEASONALLY ADJUSTED

9

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

M ISSISSIPPI
11

1971
111

IV

1

1972
11

APR

1972
MAY

JUN

796.3
105.2

800.3
105.5

819.2
107.9

806.9
108.1

820.5
108.5

816.2
108.6

819.5
108.5

825.7
108.2

584.1
109.7

587.6
109.9

596.6
111.3

597.0
113.8

608.5
114.3

606.3
114.4

609.3
114.3

609.7
114.2

399.6
109.3

401.0
109.5

406.2
110.3

402.5

409. 1
111.9

408.5

410.9

112.1

112.2

112.0

407.8
111.5

184.6

186.6
110.9

190.4
113.5

194.5
117.5

199.4
119.6

197.8
119.3

198.4
119.5

201.9

110.8

47.0
5.1

42.0
5. 1

33.8
4.5

34.9
4. 1

39.8
4.3

34.7
4.2

36.2
4.2

48.3
4.3

5,872
136.3

6,048
138.3

6,824
143.3

6,476
149.5

N.A.
N.A.

6,528
151.5

N.A.
N.A.

N.A.
N.A.

641
117.6

626
111.3

1,778
135.5

908
128. 1

N.A.
N.A.

668

595
110.3

N.A.
N.A.

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

120.0

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

133.0

M ISSISSIPPI
1967-100

PAYROLL EMPLOYMENT

1967-100
130

PERCENTAGE CHANCE

125

SEASONALLY AOJUSTED INDEX
YEAR ENDING
JUNE 1972

120

115

110

MISSISSIPPI
TOTAL PAYROLL EMPLOYMENT
4-4.4

105

+2.5

NONMANUFACTURING

100

NONMANUFACTURING EMPLOYMENT

+8.4

1-1. 8

+5.1

t4.1

PERSONAL INCOME *

+ 1 1.7

1-8.1

*

130

1-2. 8
1-3.1

TOTAL EMPLOYMENT

MANUFACTURING

95

U.S.

YEAR ENOING APRIL

125
120

1967-100

TOTAL EMPLOYMENT

1967 -1 0 0
170

110

165

105

160

100

155

95

150

MANUFACTURING EMPLOYMENT

MISSISSIPPI



U.S.

PERSONAL INCOME

115

1967-100

1967-100

145
125

140

120

135

115

130

110

125

105

120

100

115

95

110

90

105
ALL DATA ARE SEASONALLY ADJUSTEO

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1971
11

111

IV

1972
1

APR

11

1972
MAY

JUN

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

1970.5 1975.6 1947.4 1899.8 1971.1 1957.7 1985.5 1992.2
101.1
99.9 1 0 0 .1 101.5 1 0 1 . 1
100.5 1 0 2 .1 1 0 0 . 6
1652.2 1621.7 1655.6 1615.2 1641.5 1652.5 1640.5 1651.6
102.6
101.9 101 . 8 102.9 105.1
102.8
105.2 105.5
1192.8 1215.5 1207.5 1215.4 1219.2
106.6 106.5 106. 1 106.5 106.7

1210.2

1202.2

1211.2

106.2

105.9

105.5

422.1
95.4

419.5
91.9

422.5
92.6

422.4
95.8

428.2
94.8

425.2
94.5

426.9
95.0

452.4
94.8

115.6
5.2

114.2
5.6

95.6
5.5

115.5
5.2

111.5
5. 1

102.7
5.0

101.8

5.2

129.4
4.9

N. A. 19,104
N. A. 141.1

N. A.
N. A.

N.A.
N. A.

1,519
129. 1

N. A.
N. A.

INCOME

1
i

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

18,040 18,512 18,879 18,912
152.5 155.2 155.2 158.8

i

1,224
114.0

1,558
117.6

N.A. - NOT AVAILABLE
ALL INDEXES:




1i
1
!

1967-100

12

2,557
155.6

1,586
155.1

N. A.
N. A.

1,248
118.6

MISSOURI
1967-100

PAYROLL EMPLOYMENT

1967-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972
MISSOURI

U.S.

4-1.2

♦2. 8
♦ 5 .1

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME BE

1-0.8
♦2. 2
-o-

♦ 1. 8
♦4.1

♦5.5

♦8 . 1

BE YEAR ENDING APRIL

1967-100

TOTAL EMPLOYMENT

1967-100

1967-100

PERSONAL INCOME

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 ADJUSTEO

13

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TENNESSEE
1971
11

111

IV

1972
1

APR

11

1972
MAY

JUN

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

1658.6 1667.6 1701.1 1667.6 1714.4 1697.7 1713.5 1732.0
110.5 1 1 0 . 8
110.5 1 1 0 . 1
107.0 106.8 107.9 1 1 1 . 1
1353.8 1359.4 1376.9 1382.7 1404.5 1399.2 1401.9 1412.2
114.4 114.4 114.6 114.2 114.3
110.3 1 1 0 . 1
111.2
892.2
112.4

894.6
112.3

907.9
113.4

919.2
118.4

934.2
117.6

930.0
117.9

932.9
117.4

939.5
117.5

461.7
106.4

464.8
106.0

469.0
107.3

463.5
107.3

470.3
108.5

469.2
108.6

469.0
108.3

472.7
108.4

90.5
4.9

76.7
4.6

65.8
4.2

69.9
3.8

72.7
3.8

64.9
3.6

66.3
3.7

86.9
3.9

N.A. jj 14,220
N.A. 1' 153.1

N.A.
N.A.

N.A.
N.A.

413
102.5

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

12,956 13,336 13,832 13,892
140.4 143.7 146.8 150.0

1
!
1

491
119.0

448
91.9

N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

14

1,400
134.9

601
131.7

N.A.
N.A.

497
121.4

TENNESSEE
1067-100

PAYROLL EMPLOYMENT

1967-100
130

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

125

YEAR ENDING
JUNE 1972

120
115

110

TENNESSEE

U.S.

+3.7

+2. 8
+3.1

TOTAL PAYROLL EMPLOYMENT

105

NONMANUFACTURING

100
95

NONMANUFACTURING EMPLOYMENT

+ 1. 6
+3 .1

+ 1 .8
+ 4. 1

PERSONAL INCOME *

+9.8

+8.1

*

130

+4.7

MANUFACTURING
TOTAL EMPLOYMENT
YEAR ENDING APRIL

125
120

1967-100

115

120

1967-•100
170

110

115

165

105

110

160

100

105

155

95

100

150

95

145

MANUFACTURING EMPLOYMENT

TENNESSEE



U.S.

PERSONAL INCOME

120

140

115

135

110

130

105

125

100

120

95

115

90

110

85

105
ALL OATA 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
11

111

IV

1

1972
11

APR

1972
MAY

106.0
107.3

106.6
107.9

106.6
109. 1

106.4

106.4
109.9

110.2

106.2
110.3

110.4
112.3

111.2

112.1

111.8

111.8

113.0

114.4

115.3

114.9

111.9
115.3

115.7

93.6
95.3

95. 1
95.8

94.9
96.4

94.6
97.6

94.6
97.4

94.7
97.9

94.5
97.4

JUN

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS
106.0
UNITED STATES
107.4
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
110.8
112.4
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
95. 1
95.4
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. AREAS
5.4
UNITED STATES
6.0

110.2

106.4

111.6

5.5

5.4

6.0

6.0

5.0
5.9

5.0
5.8

5.0
5.9

5.0
5.9

4.9
5.5

136.8
137.8

137.2
140.4

143. 1
144.3

149.0
149.0

150.6
154.5

149.8
152.7

151.0
154.2

150.8
156.5

126.7
132.3

129.0
134.9

130.6
137.0

135.6
141.2

139.7
144.6

138.4
1 43.5

139.3
144.8

141.4
145.3

160. 1
169.5

170.4
177.0

178.7
179.5

186.4
187.3

192. 1
N. A.

191.7
193.8

191.7
N. A.

192.9
N. A.

BANKING A C T I V I T Y
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 . - NOT AVAILABLE
ALL INDEXES:




1967-100

16

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

TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972
AREA
SUMMARY
-0.4

♦2.8

TOTAL LOANS
TOTAL DEPOSITS

*8.8
* 10.6

♦ 12. 8

CHECK PAYMENTS

N. A.

TOTAL PAYROLL EMPLOYMENT

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

U.S.

CHECK PAYMENTS

1967-100

♦9.2
N. A.

1967-100
240
220

PERCENT

200

10

180
160
140
120

1970

C.M.V. AREAS



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

17

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ST.

LOUIS, MISSOURI - ILLI NO IS
METROPOLITAN AREA
11

1971
111

IV

1

891.1
101.3

887.6
100.4

889. 1
100.5

629.7
107.5

628.5
107. 1

261.5
89. 1

259. 1
87. 1

67.0

66.2

1972

11

APR

871.9

881.3

876.5

101.0

100.2

631.4
107. 1

618.7
107.9

257.5
87.3

1972
MAY

JUN

880.7
100.5

886.6

100.2

627.3
107.0

623.6
106.9

627.3
107.4

630.8
106.6

253.2
87.3

254. 1

252.9
86.7

253.4

255.8

86.6

86.8

86.2

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

99.8

55.4

64.9

67.9

65.9

6.3

6.2

6.0

6.2

6.2

61.9
6 .1

75.8

6.2

2,604
127.0

2,573
124. 1

2,639
128.2

2,695
130.4

2,679
130.6

2,687
130.7

2,673
131.0

2,675
130. 1

3,827
114.5

3,871
115.8

3,981
116. 1

4,047
118.6

4,048
121.2

4,034
120.5

4,035
120.5

4,075
122.4

156.2
160.4

166.9
174.5

176.6
181.9

187.0
187.3

184. 2
189.3

174.6
190.8

186.5
188.6

191.4
188.5

6.2

BANKING A C T I V I T Y
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. - NOT AVAILABLE
ALL INDEXES:




1967-100

18

ST. L O U I S
M I S S O U R I - I L L I NO I S
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967'-100
220
210

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

200

YEAR ENDING
JUNE 1972

190
180
170
160
150
140
150

ST. LOUIS
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

U.S.
♦2. 8
♦ 12. 8

TOTAL DEPOSITS

-1.1
+ 1 •5
*6.5

CHECK PAYMENTS

N.A.

N.A.

♦9.2

120

110

1970

1971

1970

1972

1971

1972

100

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

PERCENT

1970

ST

LOUIS




U.S

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

19

CHECK PAYMENTS

1967-100
170

1967-100
240

160

220

150

200

140

180

150

160

120

140

110

120

100

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LOUI SVILLE, KENTUCKY-INDI ANA
METROPOLITAN AREA
1971

1972

1972
MAY

JUN

333.6

334.5

111.0

330.7
111.3

111.0

110.6

218.7
117.7

225.3
117.2

223.3
117.8

226.4
117.4

226.0
116.4

106.7
99.8

106.6
99.7

107.7
100.0

107.4
99.8

107.2
99.8

108.5
100.3

22.3
5.5

18. 1
5.4

18.9
5. 1

17.7
4.3

15.7
4.3

16.7
4.5

20.7
4. 1

1,002

1,01 1

168.4

168.0

1,052
170.7

1,079
178.0

1,094
183.8

1,071
180.6

1,092
183.4

1,119
187.3

1,469
142.4

1,503
145.8

1,552
145.2

1,585
150.5

1,602
155.3

1,576
153.2

1,598
154.7

1,631
157.9

32. 1
152.5

32.0
153.5

35. 1
162.0

34.7
167. 1

36.3
173.9

33.4
174.5

36.8
174.0

38.7
173.0

11

111

IV

1

11

APR

329.3
109.8

329.6
109.3

332.1

333.0

111.2

325.2
111.3

224. 1
116.6

224.8
116.7

225.5
117.7

105.2
97.7

104.7
96.3

22.7
5.5

MANPOWER U T I L I Z A T I O N
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
TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N. A. - NOT AVAILABLE
ALL INDEXES:




1967-100

20

LOUISVILLE
KENTUCKY-I NO I ANA
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT
1967-100

1967-100

TOTAL BANK LOANS

1967 - 1 0 0

220
210

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

200
190

YEAR ENDING
JUNE 1972

180
170

LOUISVILLE

U.S.

160

TOTAL PAYROLL EMPLOYMENT

♦ 1.7

+2. 8

150

TOTAL LOANS
TOTAL DEPOSITS

♦0.1
♦8.3

+ 12. 8

CHECK PAYMENTS

N. A.

140
150

+9.2
N. A.

120

110

1970

1971

1970

1972

1971

1972

100

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




U.S.

CHECK PAYMENTS

170

1967-100
240

160

220

10

150

200

8

140

180

6

130

160

4

120

140

2

110

120

100

100

PERCENT

0

LOUISVILLE

1967-100

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

21

PREPARED BY FEDERAL RESERVE BANIC OF ST. LOUIS

ME MP HI S , T E N N E S S E E - A R K A N S A S
METROPOLI TAN AREA
1971

1972

1972

MAY

JUN

287.3
1 16.0

287.7
115.7

292.4
116.1

230.3
119.8

228.4
1)9.8

229. 1
119.5

233.3
1 2 0 .1

58.2
103.0

58.9
103.0

58.9
103. 2

58.6
102.8

59. 1
102.8

11.7
3.9

12.7
3.5

13.9
3.5

1 2 .1

12.6

3.6

3.5

16.9
3.4

1,202

1,320
160.5

1,264
156.9

1,276
156.5

1,266
158.4

1,251
155.7

2,020

2,063
163.3

2,052
161.3

2,068
163.6

2,069
164.9

44. 1
222.7

48.3
229.5

52.4
237.9

11

111

IV

1

11

APR

279.7
112.1

283.4
112.5

286.2
113.5

284.2
115.5

289.2
116.0

222.7
115.9

226. 1
116.4

227.8
117.0

226.0
119.3

57.0
99.6

57.3
99.7

58.4
102.0

16.5
4.3

16.3
4.4

1,057
131.1

1,113
137.9

146.0

1,755
139.0

1,792
142.8

1,920
147.8

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

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

158.2

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

i

34.9
166.7

36.8
176.7

N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

22

42.5
189.0

45.4
211.1

48.3
230. 1

MFMPHIS

TENNESSEE-ARKANSAS
METROPOLITAN AREA
1967 -100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967-100

120

118

PERCENTAGE CHANGE

116

SEASONALLY ADJUSTED INDEX
i

114

YEAR ENDING
JUNE 1972

112
110 a

108

v

TOTAL PAYROLL EMPLOYMENT

106

TOTAL LOANS

104

TOTAL DEPOSITS
CHECK PAYMENTS

102

MEMPHIS

U.S.

+ 3.5

+2. 8

+ 15.8
+ 17.3

+ 12. 8

N. A.

+9.2
N. A.

100

98
96

- 1 1 1 1 » 1 1 1 1 1 1 i . i L j -l L

1970

i

i - L . i l - ■H 1 1 1 1 1 I.I U -

1971

1970

1972

1971

1972

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1967-100

1967-100
260
240

PERCENT

220

10

200
180
160
140
1970

MEMPHIS



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

23

1970

1971

1972

120

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LITTLE

ROCK,

NORTH L I T T L E ROCK,
METROPOLI TAN AREA
1971

ARKANSAS

1972

1972
MAY

JUN

112.8

130. 1
113.1

133.0
112.9

101.9
113.1

102.5
113.2

105. 1
113.2

11

111

IV

1

11

APR

126.8
109.6

128.6

128.8
111.5

128.0
112.9

130.8
113.0

129.2

110.1

99.6
109.3

101.3
1 )0 . 1

101.7
111.7

100.9
113.4

103.2
113.2

27.2
110.6

27.2
111.3

112.1

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

27.3
110.6

27.3
110.1

27.6

27.3

27.6

27.9

111.8

112.6

111.8
6.1

4.9
3.2

5.0
3.2

4.3
2.9

4.5
3. 1

5.0
3.2

4.3
3. 1

4.5
3.2

367
144.6

397
154.7

446
173. 1

465
183.6

495
195.2

485
190.0

498
196.2

502
199.2

572
135.5

583
138.0

616
141.4

645
151.3

678
160.7

666

156.7

680
160.4

689
164.9

11.4
173.5

11.3
174.7

12.3
186. 1

13.2
199.0

13.6
206.4

202.9

13.5
206.4

14.7
209.7

3.2

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

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
hi.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

24

12.6

L I T T L E ROCK
NORTH L I T T L E ROCK, ARKANSAS
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972
LITTLE ROCK
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

♦2. 8

♦3.5
+37.0

♦ 12. 8

♦20.7

♦9.2

N. A.

N. A.

CHECK PAYMENTS

1967-100

U.S.

1967-100
240
220

PERCENT

200
180
160
140
120

1970

LITTLE ROCK



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

25

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

E V A N S V I L L E , I ND I A NA - K E N T UC K Y
METROPOLI TAN AREA
1971

1972

11

111

IV

1

11

APR

90.8
106. 1

90.3
105.0

87.8
103.8

88.0

106.0

89.9
105.2

56.2
109.7

56.5
109. 1

56.3
108.2

55.6
110.5

34.6
100.3

33.8
98.3

31.6
96.8

4.5
4.0

3.9
4.0

284
138.9
410
132.1

1972

MAY

JUN

89. 1
105. 1

90.2
105.8

90.4
104.5

56.6
110.7

56.0
110.3

56.6
110.9

57.2
110.7

32.5
98.6

33.3
96.3

33. 1
96.7

33.6
97.6

33.2
94.6

5.3
5.7

5.0
4.4

4.7
4.2

4.2
4. 1

4.2
4.0

5.7
4.4

274
134.5

286
140. 1

293
146.4

306
149.7

300
147.6

305
149.0

313
152.4

409
133.8

422
135.8

436
141.2

455
146.7

446
145. 1

454
146.5

464
148.4

6.4
132.4

6.3
135.0

141.5

6.4
137.9

6.7
142.8

7. 1
143.7

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

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

6.0

6.0

126. 1

125.1

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



26

6.8

E VANS VI L L E
INDI ANA-KENTUCKY
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967-100

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972
EVANSVILLE
TOTAL PAYROLL EMPLOYMENT

-1.5
t9.4

TOTAL LOANS

♦11.1

TOTAL DEPOSITS
CHECK PAYMENTS

1970

1971

1970

1972

1971

UNEMPLOYMENT RATE

♦2. 8
♦ 12. 8
♦9.2
N. A.

1972

TOTAL BANK DEPOSITS

PERCENT

N. A.

U.S.

CHECK PAYMENTS

1967-100

1967-100

PERCENT
10

8

6
4
2
0

EVANSVILLE



U.S.

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

1972

1972
MAY

11

111

IV

1

58.5
117.9

58.3
117.3

59.3
118.0

58.6

60.3

59.9

60.5

60.5

120.0

121.8

121.2

122.2

121.8

43.0
118.0

42.4
117.6

43. 1
117.9

42.5
119.1

120.0

43.3
119. 1

44.0
120.4

43.9
120.4

15.5
117.5

16.0
116.6

16.2
118.4

16. 1
122.2

16.6
126.4

16.6
126.9

16.5
126.9

16.6
125.4

3.0
4.0

2.6

2.5
3.9

2.9
3.5

2.4
3.3

2.4
3.5

2.0

2.8

3.0

3.2

112

11

APR

JUN

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

4. 1

43.8

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

94
180.8

10 0

102

214.5

111
212.6

115

194.6

107
209.7

110

186.8

209.9

220.8

144
148. 1

155
153.3

161
159.2

168
171.3

173
177.7

172
176.3

172
176. 4

176
180.3

5.2
196.9

5.3
195.5

5.3
201.2

5.4
204.2

5.7
216.0

5. 1
211.2

5.7
215.6

6.1
221.1

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

28

SPRINGFIELD
MI SS OURI
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100
124

TOTAL BANK LOANS

122

PERCENTAGE CHANGE

120

SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1972

118
116
114

SPRINGFIELD

112
110

108
106

U.S.

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

♦3.8
♦ 17.5

*2. 8
♦ 12 .8

TOTAL DEPOSITS

♦18.7

♦9.2

CHECK PAYMENTS

N.A.

N.A.

104
102

1970

1971

1972

100

TOTAL BANK DEPOSITS
190

PERCENT

UNEMPLOYMENT RATE

PERCENT

1970

SPRINGFIELD



U.S.

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

29

CHECK PAYMENTS

1967-100

180

1967-100
240

170

220

160

200

150

180

140

160

130

140

120

120

1 10

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT SMITH, ARKANSAS-OKLAHOMA
METROPOLITAN AREA
1971

1972

111

IV

1

11

APR

1972
MAY

47.4
112.0

47.9
112.5

48. 1
114.1

47.5
115.2

48.6
114.7

48.6
115.4

48.6
113.8

48.4
114.7

30.1
107.5

30.3
107.7

30.8
109.4

30.2
110.4

30.9

110.1

110.8

30.9
109.7

30.6
109.7

17.4
120.9

17.6

17.4
123.2

17.4
124.7

17.8
123.8

17.7
124.8

17.7

122.1

121.8

17.8
124.6

3.3
.1

4. 1
5.6

___M

JUN__

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF
PERSONS
SEASONALLY ADJUSTED INDEX

NONMANUFACTURING EMPLOYMENT
THOUSANDS OF
PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF
PERSONS
SEASONALLY ADJUSTED INDEX

30.8

UNEMPLOYMENT
THOUSANDS OF
PERSONS
SEASONALLY ADJUSTED RATE

3.7
6.0

3.3
5.8

3.3
5.6

3.6
5.4

3.6
5.7

3.2
5.2

107
142.3

109
146.5

115
152.6

113
151.9

116
153.9

114
152. 1

115
152.9

119
156.7

163
143.0

164
142.9

169
145.6

169
147.5

175
153.7

171
151.0

173
152.4

180
157.7

3.1

3.2
154. 1

3.3
159. 1

3.3
163.9

N. A.
180.7

3.2
172.9

3.7
181.3

N. A.
187.7

6

BANKING A C T I V I T Y
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

149.7

N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

30

FORT SMI TH
ARKANSAS-OKLAHOMA
METROPOLITAN AREA
1967 -1 0 0

PAYROLL EMPLOYMENT

TOTAL BANK LOANS

120

1967--100
220

118

210

116

200

1967-100

1967-100

N M / - .

114

190

r \ n
J w

112

110

160

TOTAL PAYROLL EMPLOYMENT

150

104

140

102

150

100

120

98

110

96 J 11111.1 11 Li. J 11111ul-i 1 111111II 1iJ1971

1972

1970

1971

1972

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




U.S.

♦2.5

♦2.8

TOTAL LOANS
TOTAL DEPOSITS

♦ 11.8

♦ 12.8

♦ 11.1

♦9.2

CHECK PAYMENTS

N.A.

N.A.

100

CHECK PAYMENTS

1967-100

1967-100
240

220

PERCENT
10

200

8

180

6

160

4

140

2

120

0

FORT SMITH

FORT SMITH

170

106

1970

YEAR ENDING
JUNE 1972

180

J

■■

108

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

U.S.

31

PINE BLUFF ARKANSAS
METROPOLITAN AREA
1971

1972

1972

MAY

JUN

24.0
100.4

23.9
99.6

24.0
100.4

18.4

18.4

100.2

100.6

18.3
99.5

18.4
100.5

11

APR

24.0
100.2

18.5

100.0

102.6

5.6
97.5

5.5
99.4

5.6

5.6

5.6

5.6

5.6

100.6

100.0

100.0

100.0

100.0

2.0

1.8

5.8

1.5
5.0

1.5
4.2

1.6

5.7

4.5

1.4
4.3

1.4
4.3

1.9
4.9

IV

11

111

23.8
99.3

23.7
98.9

24. 1
99.9

16.2
99. 1

18.2
99.3

18.6

5.6
99.9

1

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

24.0
102.1

NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX

UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1

BANKING A C T I V I T Y

I

TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

99
147.3

97
145.3

107
158.4

109
160.7

165.8

109
162.4

113
168. 1

1 13
166.9

146
125.7

148
127.8

161
131.4

164
138.7

166
143.3

162
138.6

167
144. 1

170
147.1

1.7
157.0

153. 1

112

TOTAL DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

1.6

1.8

2.2

1.8

1.8

1.8

142.5

157.4

154.8

156. 1

155.8

157.3

N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

32

1 .8

P I N E BLUFF
ARKANSAS
METROPOLITAN AREA
1067 >100

PAYROLL EMPLOYMENT

1967-100

1967-100

TOTAL BANK LOANS

1967 - 1 0 0

120

220

118

210

116

200

114

190

YEAR ENDING

112

180

JUNE 1972

110

170

108

160

TOTAL PAYROLL EMPLOYMENT

106

150

TOTAL LOANS

104

140

102

130

100

120

98
96

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

PINE BLUFF

U.S.

+2.1

+2.8

+9.9
♦ 15.6

+ 12.8

TOTAL DEPOSITS
CHECK PAYMENTS

N.A.

N.A.

+9.2

110
11 i i.i i i I i

■Li 1 i-i-Li-il..

1970

1971

.11 n 11111 u

1972

1970

1971

1972

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




U.S.

CHECK PAYMENTS

1967-100

1967-100
240

220

PERCENT
10

200

8

160

6

160

4

140

2

120

0

PINE BLUFF

100

1970

1971

1972

ALL DATA ARE SEASONALLY ADJUSTED

33

1970

1971

1972

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

C h FCK PAYMENTS

IN TEN MFOI iiM— <;I 7-E CITIES

MILLIONS OF DOLLARS
JUNE
EL DORADO. ARK.

1972

1/

SEASONALLY ADJUSTED INDEX
1967 = 100
JUNE

MAY

1972

1972

APR

2/

1972

JUNE

1971

103

172.2

172.0

166.3

154.4

30

1L9.2

123.9

126.3

113.6

TEXARKANA SMSA, ARK.

161

142.9

141.0

137. 1

125.0

QUINCY,

121

143.8

144.9

151.7

143.0

135

155.9

154.3

155.4

135.0

1 12

149.3

144.4

140.9

127.6

87

154.7

152.8

152.5

131.5

77

188. 7

190.4

197.6

155.8

25

129.2

131.2

135.1

125.6

$

HELENA, ARK.

ILL.

OWENSBORO,
PADUCAH,

KY.

KY.

GREENVILLE,

MISS.

CAPE GIRARDEAU,
HANNIBAL,
JACKSON,

MO.
TFNN.

MO.

101

_____ 1 5 La-6____ ______ 15 7.4_______ ___156,2_______ ___ 143.2______________

1/ DEBITS TO DEMAND DEPOSIT ACCOUNTS,
2/ THREF-MONTH MOVING AVFRAGFS




EXCEPT

INTERBANK AND U.S. GOVERNMENT ACCOUNTS.

(FXCEPT LATEST MONTH,

WHICH 1$ A TWO-MQNTH AVERAGE).

34

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