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SELECTED ECONOMIC INDICATORS
CENTRAL M ISSISSIPPI VALLEY
1ST QUARTER 1973
STATE ACTIVITY

SUMMARY DISCUSSION page 3

METROPOLITAN AREA ACTIVITY
page

page
SUMMARY
ARKANSAS

4
6

page

SUMMARY

16 EVANSVILLE

26

ST. LOUIS

18 SPRINGFIELD, M O

28

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




page 34

Prepared by Federal Reserve Bank of St. Louis
Released: M a y 16, 1973

THE DATA

Wednesday of the current month. Data are
collected by this Bank and the Board of Gov­
ernors of the Federal Reserve System.

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.

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 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




NOTE:

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

Employment series have been adjusted due to revision.

2

SUMMARY OF CENTRAL MISSISSIPPI VALLEY ECONOMIC ACTIVITY

Payroll employment expanded more rapidly in
the SMSAs of the Central Mississippi Valley (CMV) during
the last two quarters than in the previous year. In the
two quarters ending in the first quarter 1973, such em­
ployment increased at an annual rate of 5.3 percent
compared with a 1 percent increase during the preceding
year. In the last two quarters payroll employment
expanded in all of the SMSAs, including Evansville and
st. Louis which experienced reductions during the
evious year. The rate of increase in payroll employ­
ment in these SMSAs during the last two quarters was
faster than that for the nation, in which payroll
employment increased at only a 4.6 percent rate. The
national payroll employment growth, however, exceeded
that in the CMV during the previous year.

ANNUAL RATE
OF CHANGE IN
PAYROLL EMPLOYMENT

The average unemployment rate in all seven
SMSAs declined significantly from the first half of
1972 to the first quarter of 1973 and at the latter date
was well below the U.S. average. Large decreases
occurred in Memphis and Evansville, which had average
rates of 4 and 4.9 percent, respectively, in the first
two quarters of 1972, compared with rates of 2.7 and
3.4 percent, respectively, in the first quarter of
1973.*




III/721/73

III/71III/72

U.S.

4.6%

3.4%

5.0%

5.4%

CMV SMSAs

5.3

1.0

3.8

4.8

SMSAs *
Evansville
Fort Smith
Little Rock
Louisville
Memphis
St. Louis
Springfield

7.9
7.2
3.8
9.1
4.8
3.3
9.3

-0.7
3.1
5.2
3.3
6.1
-2.1
2.8

3.4
5.1
2.3
3.1
2.7
4.7
3.3

4.9
5.7
2.7
3.8
4.0
**
3.4

*

**

3

AVERAGE
UNEMPLOYMENT
RATE
First
Half
1/73
1972

Employment data for Pine Bluff in the first quarter
of 1973 are not comparable to previous employment
data because of a change in benchmark figures used
in the latest quarter.
Data not comparable

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

VA LLE Y STATE SUMMARY
1972

i

III

IV

1973
I

JAN

1973
FEB

113.3
111.8

113.0
111.0

113.6
111.7

113.4

117.2
1) 2. 8

117.9
113.5

117.9
113.8

MAR

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
NONMAN UFA CTUR ING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
MANUFACT URING EMPLOYMENT INi>E X
C.M.V. STATES
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. STATES
UNITED STATES

108.1
1Q6.6

108.9
109.5

109.0
110.3

110.0

111.8
109.1

113.0

114.9

110. 2

113.6
110.9

112.2

117.7
113.4

113.9
114.5

114.9
115.6

115.4
116.4

116.5
117.5

119.5
118.6

119.1
117.9

119.6
118.8

119.8
119.2

107.0
96.1

108.7
97.2

109.3
97.6

111.2

113.6

113.7

100.8

113.1
100.5

114.0

99.5

101.0

101. 0

4.5
5.9

4.5
5.7

4.4
5.6

4.3
5.3

3.7
5.0

4. 1
5.0

3.5
5. 1

3.6
5.0

146.0
144.1

148.3
146.5

152.8
149.4

160.4
154.9

N. A.
157.9

161.3
156.7

N. A.
158.0

N. A.
159. 1

135.1
132.2

134.4
130.4

144.6
138.0

154.9
145.8

N. A.
N. A.

166.7
165.5

167.9
163. 1

N. A.
N. A.

111.0

112. 8

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

CENTRAL. _M LS_S IS S I P.PJ.
'STATE SUMMARY
1 967-100
130

PAYROLL EMPLOYMENT

1 96 7-10 0
130

PERCENTAGE CHANCE

125

125

120

120

YEAR ENDING

115

115

MARCH 1 9 7 3

no

110

105

105

100

100

95

111111»111 1

11

1971

l-l.1 l.ll.J IJ.

I I 1 1 1 1 1 1 1 Li .

1972

1 97 3

SEASONALLY ADJUSTED

IND EX

STATE

SUMMARY
TOTAL PAYROLL EMPLOYMENT

95

NONMANUFACTURING EMPLOYMENT
*

130

♦5 .0

U .S .
+ 4 .1

NONMANUFACTURING

+4 .6

+ 3 .6

MANUFACTURING

+5 .6

+ 4 .6

TOTAL EMPLOYMENT

+4 .4

+ 3 .4

PERSONAL INCOME *

+ 1 1 .2

+ 9 .6

YEAR ENDING JANUARY

125
120

1967-100

TOTAL EMPLOYMENT




U.S.

INCOME

115

110

115

165

105

110

160

100

105

155

95

100

150

95

145

MANUFACTURING EMPLOYMENT

C.M.V. STATES

PERSONAL.

1967-100
120

1967-100

1 9 6 7 -1 0 0
170

120

140

115

135

110

130

105

125

100

120

95

115

90

110

65

105
ALL DATA ARE SEASONALLY ADJUSTED

5

PREPARED 9Y FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
III

IV

1973
1

JAN

1973
FEB

MAR

763.0
114.4

773.5
114.9

761.1
115.9

753.6
118.7

730.5
117.0

754.5
116.8

775.7
120.4

562.5
115.2

584.9
117.0

600.0
1 18.7

594.9
119.3

596.4
122.2

585.7
120.5

599. 1
123.0

604.5
123.0

386.0
114.0

401.3
115.6

412.7
117.7

406.4
117.2

405.9
1 19.8

400.0
118.7

406.3
120.3

411.3
120.5

176.5
118. 1

183.6
120.2

187.3
121.1

188.6
124. 1

190.6
127.6

185.7
124.8

192.8
129.2

193.2
128.7

41.3
4.8

38.5
4.7

34.7
4.6

33.7
4.6

35.6
4.0

38.7
4.4

34. 1
3.6

34.0
3.9

5,964
150. 1

6,156
152.9

6,536
158.9

7,436
168.2

N. A.
N. A.

6,780
165.6

N. A.
N. A.

N. A.
N. A.

738
143.0

710
140.7

998
159.7

3,095
162.9

N. A.
N. A.

1,128
175.3

798
179.1

N. A.
N. A.

1

It

721.4
113.7

1972

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY AOJUSTED 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. - NOT AVAILABLE
ALL INDEXES: 1 9 6 7 - 1 0 0




6

ARKANSAS
1967-100

PAYROLL EMPLOYMENT

196 7-10 0
135
PERCENTAGE CHANGE
130

SEASONALLY ADJUSTED INDEX

125

YEAR ENDING

1 20

MARCH 1 9 7 3

115

ARKANSAS
TOTAL PAYROLL EMPLOYMENT

110

NONMANUFACTURING

105

PERSONAL INCOME *
*

135

♦ 4 .1

+ 5 .1

♦ 3 .6

+6 .1

♦4 .6
♦ 3 .4

♦ 1 2 .2

♦ 9 .6

TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

+ 6 .1

♦ 4 .7

MANUFACTURING

100

U .S .

YEAR ENDING JANUARY

130
125

196 7-10 0

TOTAL EMPLOYMENT

1 15

120

1 60

110

115

175

105

110

1 70

100

105

165

100

160

1 60
150




196 7-10 0

1 9 6 7 - •100
165

155
PERCENT

UNEMPLOYMENT RATE

percent

150

MO

10

10

145

130

6

6

140

120

6

6

135

110

4

4

130

100

2

2

125

0

120

90

U.S.

INCOME

1 20

MANUFACTURING EMPLOYMENT

ARKANSAS

PERSONAL

1967-100
125

0

Vu

-L J-1-L.1.H Li .L,■■L-L.i-L 1J 1 1 1 L 1 » » 1 » ■ 1 » ■ 1 » *

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

7

PREPARED 6Y FEDERAL RESERVE 6ANK OF ST. LOUIS

KENTUCKY
1972
1

II

III

IV

1973
1

JAN

1973
FEB

MAR

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
NONMAN UFA CTUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFAC TUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1121.5 1185.7 1204.1 1199.0 1250.9 1234.9 1249.1 1266.7
120.2
120.5
108.0 108.9 119.9 119.1
107.5 108.0
926.0
113.0

952.3
113.5

960.6
114.5

977.3 1017.8 1013.3 1017.4 1022.6
124.4
123.9
124.4
116.4 124.2

673.3
113.9

696. 1
114.1

702.0
115.4

711.7
116.9

737.1
124.7

734.0
124.5

737.5
124.9

739.9
124.6

252.7
110.3

256.2
111.4

258.7
111.9

265.6
114.5

280.6
122.5

279.3
121.7

279.9
122.6

282.7
123.2

67.2
5.0

63.9
5.0

58.8
4.9

55.5
4.8

60.0
4. 1

65. 1
4.5

56.5
3.9

56.5
3.9

11,240 11,504 11,968 13,026
148.0
150.6
155.6 162.7

N.A.
N.A.

13,044
166.6

N.A.
N.A.

N.A.
N.A.

N.A.
N.A.

1,727
155.0

844
182.8

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

928
135.7

* MAN POWER UTILIZAT ION DATA FOR 1ST QUARTER

582
139.0

INDEXES:




2,101
160.1

1973 NOT COMPARABLE.

N.A. - NOT AVAILABLE
ALL

804
146.6

1967-100

8

KENTUCKY
1967-100

PAYROLL EMPLOYMENT

1967-100
135
PERCENTAGE CHANGE
130

SEASONALLY ADJUSTED

YEAR END INC

120

MARCH 1 9 7 3
KENTUCKY

1 15
TOTAL PAYROLL EMPLOYMENT

110

NONMANUFACTURING EMPLOYMENT
*

1 40

+9 .6

+ 4 .1

+ 9 .4

+ 3 .6
+4 .6

TOTAL EMPLOYMENT

+ 1 1 .3

+ 3 .4

PERSONAL INCOME *

+ 1 3 .0

+ 9 .6

MANUFACTURING

100

U .S .

+ 1 0 .7

NONMANUFACTURING

105

140

INDEX

125

YEAR ENDING JANUARY

1 35

PERSONAL

INCOME

130

1 30

125

125

120

120

120

120

1 60

115

115

115

115

1 75

no

110

110

1 70

1 05

105

105

165

11J11.1.1111 L .1 j111 Li-i Lu- 100
100 -1-11111111111971
1972
1973

160

110
105

11.11l.l-l11.1L.-r i 11 1 1i-i-l-t-L. ri1u 1ii1a i1971

1972

1973

MANUFACTURING EMPLOYMENT

KENTUCKY



U.S.

1967-100
12 5 r

TOTAL EMPLOYMENT

1 96 7-10 0
125

196 7-10 0

1 9 6 7 " •100
1 65

125

155

120

150

115

145

MO

140

105

135

100

130

95

125

90

120
ALL DATA ARE SEASONALLY ADJUSTED

9

PREPARED 9Y FEDERAL RESERVE BANK OF ST. LOUIS

MISSISSIPPI
1973

1

II

1972
III

IV

1

JAN

1973
FEB

MAR

808.9
108.3

827.3
109.3

834.4
110.0

643.0
111.0

835.2
111.8

633.4
111.6

834.3
111.9

837.8
112.0

611.9
116.6

626.2
118.0

634.8
118.8

643.7
120.1

636.2
121.6

636.5
121.4

637.3
121.6

640.8
121.7

413.6
115.0

424.3
1 16.1

427.2
116.7

434.5
116.0

429.4
119.4

426.3
119.3

428.0
119.3

431.8
119.6

198.3
119.9

203.8
122.1

207.7
123.4

209.3
124.7

208.8
126.3

208.2
126. 1

209.3
126.5

209.0
126.2

36.7
4.3

40.5
4.3

35.5
4. 1

32.4
4.2

34.0
3.8

34.8
4.0

34.7
3.6

32.6
3.7

6,504
150.0

6,580
152.0

6,824
156.0

7,796
163.7

N.A.
N.A.

7,392
166.7

N.A.
N.A.

N.A.
N.A.

953
134.3

660
128.0

770
138.9

2,129
155.2

N.A.
N.A.

1,620
166.2

853
157.3

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
MA NU FACT URING 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

M ISSISSIPPI
PAYROLL EMPLOYMENT
PERCENTA6E CHANCE
SEASONALLY ADJUSTED

INDEX
YEAR END IN S
MARCH 1 9 7 3

M IS S IS S IP P I
TOTAL PAYROLL EMPLOYMENT

*3 .5

♦3 .6

MANUFACTURINS

♦4 .2

♦4 .8

PERSONAL INCOME *
*

1 967-100

TOTAL EMPLOYMENT

♦4. 1

NONMANUFACTURINS
TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

t3 .7

U .S .

♦2 .9

♦3 .4

♦ 1 1 .0

♦ 9 .6

YEAR ENDING JANUARY

1967-100

120
115

110
105

100
95

MISSISSIPPI



U.S

ALL OATA ARE SEASONALLY ADJUSTED

PREPARED SY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1

II

1972

III

IV

1973

1

JAN

1973
FEB

MAR

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
NON MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1934.4 2011.0 2013.8 2000.2 1955.5 1942.1 1949.4 1975.0
104.6
103.9
103.1
101.8 102.9 104.2
104.0
102.9
1649.8 1681.4 1666.6 1695.5 1677.5 1670.0 1673.7 1686.9
106.7
107.2
107.2
104.7
105.3
105.5
105.9 107.0
1222.8 1248.5 1233.8 1254.1 1235.9 1229.4 1232.1 1246.2
110.5
1 10.3
109.4
106.5 109.5
110.5
110.6
109.4
427.0
94.9

432.9
95.7

434.8
95.0

441.5
96.6

441.6
98.2

440.6
97.6

441.6
98.9

442.7
98. 1

115.2
5. 1

111.3
5.0

104.3
5.0

89. 1
5.0

91.9
4.0

100.0
4.3

90.0
3.8

65.6
4.0

N. A. 21,060
154.2
N. A.

N. A.
N. A.

N. A.
N. A.

1,978
178.3

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

16,952 19,452 19,912 21,228
144.9 152.3
139. 1 141.0
1,622
134.9

1,406
131.8

N. A. - NOT AVAILABLE
ALL INDEXES:



1967-100

12

1,738
134.5

3,115
156.9

N. A.
N. A.

2,296
168.5

MISSOURI
Y067-100

PAYROLL EMPLOYMENT

196 7-10 0
130

PERCENTAGE CHANGE

125

SEASONALLY ADJUSTED

INDEX

120

YEAR ENDING

1 15

MARCH 1 9 7 3

110

M ISSO U R I

U .S .

♦ 1 .7

♦ 4 .1

TOTAL PAYROLL EMPLOYMENT

1 05

NONMANUFACTURING

♦ 1. 1

♦ 3 .6

MANUFACTURING

♦3 . 4

♦4 .6

TOTAL EMPLOYMENT

♦0 . 9

♦ 3 .4

PERSONAL INCOME *

♦ 1 1 .5

♦9 .6

100
95

NONMANUFACTURING EMPLOYMENT
*

135

YEAR ENDING JANUARY

130
125

TOTAL EMPLOYMENT




U.S.

INCOME

1 9 6 7 -100
165

115

160

110

175

1 05

170

100

165

MANUFACTURING EMPLOYMENT

MISSOURI

PERSONAL

120

1967-100

1967-100

1 96 7-10 0

160
120

155

115

150

110

145

1 05

140

100

135

95

130

90

125

65

120
ALL DATA ARE SEASONALLY ADJUSTED

13

PREPARED 6Y FEDERAL RESERVE SANK OF ST. LOUIS

TENNESSEE
1

II

1972

III

IV

1973
1

JAN

1973
FEB

MAR

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY AOJUSTEO 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

1678.8 1761.7 1799.5 1827.2 1772.6 1764.7
118.5
115.7
117.0
118.4
112.3
114.1

1770.0 1783.0
118.3
116.9

1392.4 1444.9 1470.6 1493.9 1464.5 1480.4 1483.7 1489.3
121.7
118.3
123.7
123.8
123.6
116.1
119.8
123,7
921.3
120.0

960.4
122.1

975.4
123.8

991.5
125.5

966.5
126.5

982.1
128.5

985.8
128.6

991 .6
128.4

471.0
109. 1

484.5
111.4

495.2
112.8

502.3
115.0

498.0
115.2

498.3
115.2

497.9
115.4

497.7
115.1

66.4
3.6

70.5
3.6

62.2
3.4

54.5
3.2

56.8
3.0

63. 1
3.3

54.3
2.8

53.0
2.8

13,896 14,268 14,736 15,564
150.0
153.6
158.6 165. 1

N.A.
N.A.

14,988
162.0

N.A.
N.A.

N.A.
N.A.

1,613
154.2

N.A.
N.A.

863
164. 1

655
148.6

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

579
126.3

565
138.3

N . A . - NOT AVAILABLE
ALL INDEXES* 1 9 6 7 - 1 0 0



14

726
152.1

TENNESSEE
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INOEX
YEAR ENDING
MARCH 1 9 7 3

TOTAL PAYROLL EMPLOYMENT

NONMANUFACTURIN6 EMPLOYMENT

U .S .

♦ 6 .0

♦4 .1

NONMANUFACTURING

♦ 6 .5

♦ 3 .6

MANUFACTURING

♦ 5 .0

♦4 .6

TOTAL EMPLOYMENT

♦4 .7

♦ 3 ,4

PERSONAL INCOME *

♦ 9 .5

♦ 9 .6

*

130

TENNESSEE

YEAR ENDING JANUARY

125

120
115

110
105

100
95

MANUFACTURING EMPLOYMENT

TENNESSEE



U.S

ALL DATA ARE SEASONALLY ADJUSTED

15

PREPAREO *Y FEDERAL RESERVE SANK OF ST. LOUIS

E I G H T CENTRAL M I S S I S S I P P I V AL L E Y
M E T R O P O L I T A N AREAS
III

IV

1973
1

JAN

1973
FEB

MAR

108.0
110.2

107.2
110.9

108.5
112.2

110.0
113.4

109.9
112.8

109.9
113.5

110.3
113.8

113.9
114.5

113.9
115.6

113.2
116.4

113.9
1)7.5

1)5.5
118.6

115.3
117.9

115.3
118.8

115.8
119.2

95.7
96. 1

95.3
97,2

94.4
97.6

96.7
99.5

98.2
100.8

98. 1
100.5

98. 1
101.0

96.3
101.0

5.0
5.9

4.9
5.7

4.8
5.6

4.7
5.3

3.8
5.0

4.0
5.0

3.6
5.1

3.7
5.0

148.4
149.0

150.6
154.4

155.0
159.9

164.9
167.5

174.0
179.0

171.0
173.9

173.4
179.3

177.6
183.9

135.5
141.0

139.0
144.3

140.5
147.8

142.3
152.1

143.6
156.3

141.1
154. 1

144.6
155.9

145. 1
156.9

186.4
187. 1

191.7
197.1

198. 1
203.8

202.7
215.3

210.4
N. A.

205.8
227.4

213.0
232.2

212.5
N. A.

1

II

108.1
109. 1

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
NONMANUFAC TURIN G EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
MANUFACTU RING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. AREAS
UNITED STATES

B A N K IN G 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

E I G H T CENTRAL M I S S I S S I P P I V A L L E Y
M E T R O P O L I T A N AREAS

PAYROLL EMPLOYMENT
1 9 6 7 - •100
120

1 96 7-10 0

TOTAL BANK LOANS

1967-100

220

116

210

i16

200

114

190

YEAR ENDING

112

160

MARCH 1 9 7 3

110

170

106

160

TOTAL PAYROLL EMPLOYMENT

106

150

TOTAL LOANS

104

140

TOTAL DEPO SITS

102

130

100

120

96

110

96

1971

1972

1973

TOTAL BANK DEPOSITS

PERCENT
10

UNEMPLOYMENT RATE

1 96 7-10 0

PERCENTAGE CHANCE
SEASONALLY ADJUSTED

INDEX

AREA
SUMMARY

CHECK PAYMENTS ME
*

U .S .

t l .6

♦4 .1

♦ 1 9 .2

♦ 2 1 .4

♦5 .3

♦ 1 1 .5

♦ 1 3 .5

♦2 4 .6

YEAR ENDING FEBRUARY

100

CHECK PAYMENTS

1 967-100

1967-100
240

220

PERCENT
10

200
160
1 60

—

140

120
1 11 » 1 1 1 1 1 1 - 1 .

1 1 1 - l .j J 1. 1 11.1




1 1 1 1 1 1 i 1 1 i L.

1972

1973
U .S .

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

17

1971

1972

1973

100

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

ST.

L O U I S , M I S S O U R I - I L L I NO I S
ME T R OP OL I T A N AREA
1972

III

IV

1973
1

JAN

1973
FEB

MAR

869.4
101.0

875.3
99.0

881.1
99.6

869.2
100.6

868.4
100.6

865.1
100.7

874.2
100.6

622.0
108.5

632.7
107.8

618.6
105.3

624,0
106.0

613.6
107.0

613.4
107.2

609.3
106.5

618.0
107.3

255.8
66.0

256.7
87.4

256.5
66.4

257. 1
87. 1

255.7
88.0

255.0
87.4

255.6
69. 1

256.2
87.5

64.9
5.9

66.9
6. 1

61.8
6.0

52.4
6.0

50.1
4.7

53.5
5. 1

49.3
4.4

47.5
4.6

2,695
129.9

2,678
130.7

2,787
135.0

2,956
143.3

3,037
146.3

3,076
145. 1

2,995
145. 1

3,038
146.7

4,045
118.7

4,048
120.6

4,080
121.9

4,154
121.6

4,106
120.4

4,208
119.5

4,068
120.5

4,041
121.3

166.9
187.2

164.2
169.3

187.2
195.5

185. 1
197.6

204.6
205. 1

220.7
200.0

178.5
207.9

214.7
207.5

1

II

877.7
101.6

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

B A N K IN G A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
B IL LIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A.

- NOT AVAILABLE

ALL INDEXES:



1967-100

18

ST. LOUI S
MISSOURI-ILLINOIS
M E T R O P O L I T A N AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
MARCH 1 9 7 3

ST.
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL D EPO SITS
CHECK PAYMENTS *
*

197!

1972

1973

1971

1972

UNEMPLOYMENT RATE




U.S.

+4. 1

+ 1 3 .6

+ 2 1 .4

+ 0 .3

+ 1 1 .5

+ 1 0 .2

+ 2 4 .6

YEAR ENDING FEBRUARY

CHECK PAYMENT S

1 967-100
1 70

1 967-100
280

1 60

260

150

240

8

140

220

6

130

200

4

120

1 80

2

110

160

PERCENT
10

0
ST. LOUIS

-0 .7

U .S .

1973

TOTAL BANK DEPOSITS

PERCENT

L O U IS

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

19

100

197!

1972

1973

140

PREPARED 9Y FEDERAL RESERVE DANK 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
M E T R O P O L I T A N AREA
1

II

III

IV

1973
1

JAN

1973
FEB

MAR

326.5
111.4

333.6
111.4

336.3
111.8

341.3
113.9

342.2
116.8

340.3
116.4

340.4
116.3

345.9
117.6

219.6
117.9

225.9
117.8

229.3
119.2

230.9
120.3

229.4
123.2

228.4
122.8

227.8
122.5

232.0
124.2

106.9
100. 1

107.7
100.2

107.0
98.7

1 10.4
102.6

112.8
105.5

111.9
105. 1

112.6
105.5

113.9
106.0

18.8
5. 1

17.7
4.5

16.0
4.0

12.0
3.6

'1.8
3. 1

12.1
3.2

12. 1
3. 1

11.3
3. 1

1,079
177.4

1,094
183.0

1,120
186.8

1,214
197.6

1,293
212.5

1,295
206.9

1,287
213.3

1,298
217.3

1,565
150.9

1,601
154.0

1,599
154.4

1,635
154.3

1,669
159.0

1,678
153.7

1,662
160.9

1,666
162.4

34.7
167.0

36.3
173.4

37.0
179. 1

40.6
191.1

42.0
201.1

45.5
196. 1

37.2
201.8

43.2
205.5

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NO NMANU FACTUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA NUFAC TUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BA N K IN G 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-INDIANA
METROPOLITAN AREA
PAYROLL EMPLOYMENT
196 7-10 0

TOTAL BANK LOANS

1967-100

126
126

PERCENTAGE CHANGE

124

SEASONALLY ADJUSTED

122

YEAR ENDING

120

MARCH 1 9 7 3

116

L O U IS V IL L E

116

TOTAL PAYROLL EMPLOYMENT

114

TOTAL LOANS

112

TOTAL D EPO SITS
CHECK PAYMENTS X

110

X

YEAR ENDING FEBRUARY

106
106
104

1971

1972

1973

TOTAL BANK DEPOSITS

CHECK PAYMENTS
190

PERCENT

UNEMPLOYMENT RATE

160

PERCENT
10

170
160
150
140
130
120

LOUISVILLE




U.S.

INDEX

ALL DATA ARE SEASONALLY ADJUSTED

21

U .S .

+5 .0

+4. 1

+ 2 0 .6

+ 2 1 .4

+5 .4

♦ 1 1 .5

+ 2 1 .0

+ 2 4 .6

M E M P H I S , TENNESSEE- ARKANSAS
M E T R O P O L I T A N AREA
1

II

III

IV

1973

1

JAN

1973
FEB

MAR

294.5
119.3

300.5
120.6

306.1
121.7

310.0
123.1

307.4
124.6

307.1
124.2

307.2
124.8

307.9
124.8

235.5
123.9

240.9
125.4

246.2
126.7

249.2
128.1

247.0
129,9

246.8
129.3

246.6
130,2

247.7
130,3

58.9
103.8

59.6
104v2

59.9
104.6

60.8
105.8

60.4
106,3

60.3
106.6

60.6
1Q6.5

60.2
105.9

12.7
3.7

14.0
3.4

13.0
3.3

10.2
3,1

9.5
2.7

9.2
2.7

10. 1
2.7

9.3
2.7

1,320
158.7

1,264
157.8

1,296
160.9

1,429
173.8

1,593
191.6

1,560
186.7

1,591
189.7

1,628
198.3

2,020
157.3

2,063
162.2

2,0-54
164.0

2,188
170.3

2,225
173.1

2,229
168.8

2,216
175.8

2,231
174.7

45.3
211.1

48.3
227.3

47.9
236.2

53.2
242.7

53.1
245.2

61.7
245.6

45.8
249. 1

51.7
240.8

1972

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

B A N K IN G A C T I V I T Y
TOTAL LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
TOTAL D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX

SPENDING
CHECK PAYMENTS
B IL LIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N. A. - NOT AVAILABLE
ALL INDEXES:



1967-100

22

MFMPHI S

TENNtSSEE-ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANCE
SEASONALLY ADJUSTED IND EX
YEAR EN DIN G
MARCH 1 0 7 3
N EM PHIS
TOTAL PAYROLL EMPLOYMENT

U .S .

*4 .0

*4 .1

TOTAL LOANS

*2 6 .0

*2 1 .4

TOTAL D E P O S IT S

*1 0 .1

*1 1 .5

CHECK PAYNENTS *

*1 7 .1

*2 4 .6

IK YEAR ENDING FEBRUARY

TOTAL BANK D E P O S IT S

PERCENT

UNEMPLOYMENT RATE

PERCENT

10

1071

MEMPHIS




U.S.

1972

1973

ALL DATA ARE SEASONALLY ADJUSTER

23

PREPARES SY FEDERAL RESERVE DANK DF ST. LOUIS

LITTLE

ROCK,

NORTH L I T T L E ROCK,
M E T R O P O L I T A N AREA

ARKANSAS

III

IV

1973
1

JAN

1973
FEB

MAR

136.4
117.7

137.7
118.1

137.5
119.0

136.4
120.3

135. 1
119.7

136.9
120.8

137.2
120.3

104.8
117.7

108.5
118.9

109.7
119.4

108.7
119.5

107.2
120.4

106.4
120.0

107.6
121.0

107.6
120.2

27.4
112.2

27.9
1 12.9

28. 1
113.5

28.8
117.1

29.2
119.6

28.7
118.3

29.3
119.9

29.6
120.7

4.4
3.0

5.0
3.0

4.8
2.9

3.8
2.5

3.3
2.3

3.6
2.5

3.3
2.2

2.9
2. 1

465
183. 1

495
194.8

507
198.7

555
215.1

587
231.2

578
224.4

585
230.9

599
238.2

645
150.6

676
159.5

667
162.5

714
165.6

735
171.5

741
168.3

739
174.3

724
171.8

13.2
199.0

13.6
206.2

13.9
216.3

15.0
230. 1

16.2
245.7

17.6
235.9

14.2
248.8

16.7
252.5

1

II

132.2
116.6

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFAC TURIN G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MAN UFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BA NK ING 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

24

L I T T L E ROCK
NORTH L I T T L E R 0 C K 9 ARKANSAS
M E T R O P O L I T A N AREA
PAYROLL EMPLOYMENT
1 9 6 7 - 100

T9 6 7 - 1 0 0

128

1967-100

TOTAL BANK LOANS

1 9 6 7 - -100
240

126

230

124

220

122

210

YEAR ENDING

120

200

MARCH 1 9 7 3

116

190

116

160

TOTAL PAYROLL EMPLOYMENT

+2 .4

+4. 1

114

170

TOTAL LOANS

+2 9 .0

+2 1 .4

112

1 60

TOTAL D EPO SITS

+ 1 1 .9

+ 1 1 .5

CHECK PAYMENTS X

+2 3 .3

+ 2 4 .6

110

150

106

140

106

130

104

1971

1972

1973

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX

L I T T L E ROCK

*

U .S .

YEAR ENDING FEBRUARY

120

TOTAL BANK DEPOSITS

196 7-10 0

CHECK PAYMENTS

1967-100

190
PERCENT

UNEMPLOYMENT RATE

160

PERCENT
10

170
160
150
140
130

1971

LITTLE ROCK




1972

120

1973

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
1

II

III

IV

1973
1

JAN

1973
FEB

MAR

89.3
107.4

91.2
106.2

91.1
105.6

90.0
107.4

91.1
109.7

89.9
109.2

91.3
110.0

92.1
109.8

57.3
113.8

58.2
113.8

58.9
113.6

58.4
112.8

57.5
114.0

57.3
113.8

.57.3
113.8

57.8
114.4

32.0
97.5

32.9
94.2

32.2
93. 1

31.6
98.8

33.6
102.7

32.6
101.8

34.0
103.9

34.3
102.4

5.0
4.4

4.7
4.4

4.7
4.9

4.6
4.8

3.8
3.4

4.2
3.6

3.8
3.2

3.5
3.4

293
145.9

306
149.4

319
157.5

333
163. 1

341
169.8

340
168.5

340
170.5

342
170.4

436
141.0

455
146.2

463
151.1

481
155.7

498
161.0

501
157.9

495
162.5

498
162.7

6.3
135.0

6.7
141.1

6.7
141.2

6.8
145.9

7.5
157.1

8.3
151.0

6.5
158.6

7.6
161.6

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUF ACT URIN G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA NU FACT URING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

B A N K IN G 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

26

EVANSVILLE
INDIANA-KENTUCKY
METROPOLITAN AREA
PAYROLL EMPLOYMENT
1 96 7-10 0

TOTAL BANK LOANS
1 96 7-100

1 9 6 7 - •100
240

1 96 7-100

230

PERCENTAGE CHANGE

220

SEASONALLY ADJUSTED INDEX

210

YEAR ENDING

200

MARCH 1 9 7 3

190

E V A N S V IL L E

U .S .

160

TOTAL PAYROLL EMPLOYMENT

+ 2 .2

+4. 1

170

TOTAL LOANS

+ 1 5 .6

+2 1 .4

160

TOTAL D EP O S ITS

+ 1 3 .4

+ 1 1 .5

CHECK PAYMENTS *

+ 1 9 .0

+2 4 .6

150

*

YEAR ENDING FEBRUARY

1 40
130
1971

1972

1973

120

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

EVANSVILLE




U.S.

190

190

1 60

160

170

170

6

160

160

6

150

150

4

140

140

2

130

130

0

120

PERCENT
10

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

27

CHECK PAYMENTS

196 7-10 0

120

1971

1972

1967-100

1973

PREPARED DY FEDERAL RESERVE BANK OF ST. LOUIS

S P R IN G F IE L D MISSOURI
M E T R O P O L I T A N AREA
III

IV

1973
1

JAN

1973
FEB

MAR

62.1
125.1

61.6
123.7

62.9
125.3

63.0
129.3

62.8
128.4

63.0
129.2

63.3
130.3

44.2
124.-3

45.5
124.5

44.6
123.7

46.0
125.7

45.6
128.2

45.4
127.3

45.5
128.2

45.9
129.0

16. 1
121.7

16.7
125.7

17.0
123.0

16.9
123.5

17.4
131.4

17.4
130.4

17.5
131.1

17.4
132.6

2.9
3.3

2.4
3. i

2.3
3.4

2.2
3.4

2.9
3.3

3.6
3.7

2.7
3.0

2.5
3. 1

107
209. 1

112
213.3

115
215.0

126
239.9

129
252.5

130
251.1

127
249.2

131
257. 1

168
170.9

173
176.3

175
173.6

181
179.7

180
183.3

182
181.6

178
182.0

181
186.4

5.4
204.2

5.6
217.1

5.9
222.3

5.8
225.2

6.3
241.6

7.0
233.2

5.6
244.3

6. 4
247.4

1

II

60.4
123.9

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMAN UFA CTUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANU FAC TUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BA N K IN G 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
2 8

SPRIN G FIELD
MISSOURI
M E T R O P O L I T A N AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS
1 00
1 52
1 48

PERCENTAGE CHANGE

144

SEASONALLY ADJUSTED

INDEX

140

YEAR END fNG

1 36

MARCH 1 9 7 3

132

SPR tN C F f£ L D

128

TOTAL PAYROLL EMPLOYMENT

124

TOTAL LOANS
TOTAL DEPO SITS

120

CHECK PAYMENTS *

116

*

U .S .

+ 3 .5

+4. 1

+ 2 2 .0

+ 2 1 .4

+ 6 .7

+ li..5

+ 1 9 .6

+ 2 4 .6

YEAR END TNG FEBRUARY

112
10 8
1971

1972

1973

1971

1972

1973

) 04

TOTAL BANK DEPOStTS
200

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1 967-100

1967

100
280
260

PERCENT

240

220
200
1 80
160
1971

SPRINGFIELD




U.S.

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

29

1971

1972

1973

140

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT S M I T H , ARKANSAS-OKLAHOMA
M ET R O P O L I T A N AREA
III

IV

1973
1

JAN

1973
FEB

MAR

50.7
119.5

50.9
119.4

50.9
121.1

51.0
123.6

50.3
122.3

51.2
124.7

51.6
123.6

31.1
113.7

31.8
113.7

32.0
113.4

32.1
114.5

31.9
116.6

31.6
115.4

32.0
117.2

32.2
117.2

18.3
130.6

16.9
130. 1

19.0
130.3

16.8
133. 1

19. 1
136.4

18.7
135.0

19.2
136.5

19.4
135.7

3.5
5.2

3.5
5.5

3.4
5.6

3.5
5.7

3.5
5. 1

4.0
5.6

3.5
4.9

3.0
4.8

113
151.9

116
154.9

124
166.2

125
165.2

130
174.7

128
171.7

129
173.4

133
179. 1

168
147.6

175
153.4

181
157.6

186
160. 1

168
165.0

189
161.6

187
166.6

188
166.6

3.3
163.9

3.7
178.8

3.6
180.4

3.7
179.3

3.7
181.9

3.9
175.4

3.3
183.3

3.9
187.1

1

II

49.4
119.7

1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUF ACT URIN G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANU FAC TUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

B A N K IN G 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: 1 9 6 7 - 1 0 0



30

FORT S M I T H
AR KA NSAS-OKLAHOMA
M E T R O P O L I T A N AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANCE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
MARCH 1 0 7 3

FORT S M IT H
+3.5

-t-4.1

TOTAL LOANS

418.6

4 21.4

TOTAL D E P O S ITS

411.1

4 11.5

CHECK PAYMENTS *

411.0

424.6

TOTAL PAYROLL EMPLOYMENT

*

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

U .S .

YEAR ENDING FEBRUARY

CHECK PAYMENTS

196 7-10 0

1 967-100
260
240

PERCENT

220
200
1 60
160
140
1971

FORT SMITH




U.S.

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

31

1971

1972

1973

120

PREPARED 9Y FEDERAL RESERVE BANK OF ST. LOUIS

P I N E BLUFF ARKANSAS
M E T R O P O L I T A N AREA
III

IV

1973
1

JAN

1973
FEB

MAR

23.9
101.4

24.0
101.2

24.6
104. 1

25.4
106.9

25.2
108. 1

25.4
109.3

25.6
109.3

18.5
103.7

18.3
101.9

18.2
101.5

16.9
103.4

19.3
108.3

19. 1
107.2

19.3
108.9

19.4
108.9

5.6
100.6

5.6
100.0

5.7
100.6

5.9
106.6

6. 1
110.7

6. 1
110.7

6. 1
110.7

6.2
110.7

1.5
4.2

1.5
4.4

1.5
4.7

1.3
4.3

1.3
3.6

1.4
3.6

1.3
3.5

1.2
3.5

109
160.3

112
166.0

116
174.3

125
185.0

132
194.5

134
196.3

132
194.7

131
192.6

164
138.2

166
142.7

172
148.4

186
153. 1

186
157.0

191
158.2

186
157.9

162
155.0

1.8
156.0

1.8
158.1

1.9
168.1

2.4
169.2

2.2
188.2

2.4
183. 1

2.0
169.6

2. 1
191.9

1

II

24.0
103.0

1972

MANPOWER U T I L I Z A T I O N *
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NO NMANU FACTUR ING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MAN UFACT URING EMPLOYMENT
THOUSANDS 0/ PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

B A N K IN G 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

•MANPOWER U T I L I Z A T I O N DATA FOR 1ST QUARTER
N.A.
ALL

-

NOT A V A I L A B L E

IN D E X E S :




1 9 7 3 NOT COMPARABLE.

1967-100

32

P IN E BLUFF
ARKANSAS
M E T R O P O L I T A N AREA
PAYROLL EMPLOYMENT
1 96 7-10 0

1967-100

TOTAL BANK LOANS

1967-100

1967-100

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
114

YEAR ENDING

112

MARCH 1 9 7 3

110

P IN E BLUFF

U .S .

106

TOTAL PAYROLL EMPLOYMENT

106

TOTAL LOANS

+ 1 9 .7

+ 2 1 .4

104

TOTAL D EPO SITS

+ 1 1 .5

+ 1 1 .5

+ 2 1 .3

+ 2 4 .6

CHECK PAYMENTS

102

*

+ 7 .5

*

+ 4 .1

YEAR ENDING FEBRUARY

100
96
1971

1972

1973

96

1971

1972

1973

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

PERCENT
10

1971

p INE BLUFF




U.S.

1 972

1973

ALL DATA ARE SEASONALLY ADJUSTED

33

CHECK PAYMENTS

1 967-100

160

1967-100
260

170

240

160

220

1 50

200

1 40

160

130

160

120

140

110

1971

1972

1973

120

PREPARED SY FEDERAL RESERVE BANK OF ST. LQUIS

CHECK PAYMENTS IN TEN MEDIUM-SIZE CITIES
MILLIONS OF DOLLARS
MAR
E

ORADO. ARK.

1973

1/

SEASONALLY ADJUSTED INDEX
____________ 1967 = 100
MAR

1973

FEB

1973

JAN

2/

1973

MAR

1972

% 133

241.1

232.7

225.8

164.4

27

127.8

129.6

126.3

123.3

TEXARKANA SMSA, ARK.

155

155.8

153.6

146.9

135.8

QUINCY.

149

181.7

185.9

187.7

151.3

152

161.8

161.8

162.2

149.5

107

156.8

156.2

151.2

136.5

96

169.2

168.3

158.4

149.3

CAPE GTRA°DEAll, MO.

89

222.4

221.0

211.0

193.6

HANNIBAL. MO.

32

162.7

162.5

155.2

132.7

HELENA* ARK.

ILL.

OWENSBORO.

KY.

PADUCAH. KY.
GREENVILLE.

MISS.

JnuivSON. TENN.

______ LL5____________ ______ 1M *& ____ _______ 1 9 1 . 0 ________ ___185.7_______ ___ 155.3__________________

1/ DEBITS TO DEMAND DFPQSIT ACCOUNTS.
_2/_. THREE-MONTH MOVING AVERAGES

RELEASED

APRIL




1973

EXCEPT INTERBANK AND 11.S. GOVERNMENT ACCOUNTS.

(EXCEPT LATEST MONTH, WHICH IS A TWO-HONTH AVERAGE).

PREPARED. P.Y FEDERAL RES ERVE BANK. QF S T . L O U I S

34

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