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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
4TH QUARTER 1973
STATE ACTIVITY

SUMM ARY D IS C U SSIO N page 3

METROPOLITAN AREA ACTIVITY

page

page

page

SUMMARY

4

SU M M ARY

16

A RKA N SA S

6

ST. LOUIS

18 SPRIENGFIELD, M O

KENTUCKY

8

LOUISVILLE

20

FORT SMITH

30

MISSISSIPPI

10

MEMPHIS

22

PINE BLUFF

32

MISSOURI

12

LITTLE ROCK

24

TENNESSEE

14




EVANSVILLE

26
28

CHECK PAYMENTS 10 OTHER CITIES
page 34

Prepared by Federal Reserve Bank of St. Louis
Released: February 12, 1974

THE DATA

the 15th of the current month, and the last
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.

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
Reserve 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




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
Total employment In the Central Mississippi
Valley (CMV) has increased substantially in the past two years,
generally sharing the national upswing in business activity.
Total employment in the five CMV states, on average, increased
at about the same rate as the nation, while the total for the
eight CMV metropolitan areas rose at a slower rate.
Both total and payroll employment increased at a
somewhat slower rate in 1973 than 1972 in the five state area.
This slower rate of employment growth in 1973 indicated that
the region's economy was approaching capacity levels, whereas
during 1972 it was still recovering from the recession of 1970.
The recovery from the 1970 recession was slower
for the eight metropolitan areas (SMSAs) of the CMV than for
the entire states. Hence, in view of the available produc­
tive capacity, the SMSAs continued their recovery in 1973 and
expanded faster last year than the year earlier. Total
employment in five SMSAs, Evansville, Fort Smith, Little Rock,
Louisville and Springfield grew at faster rates than the U.S.
in 1973. The slower average growth of total employment for
all the SMSAs reflects primarily the slower growth in two of
the larger SMSAs in the District (St. Louis and Memphis.)
For example, total employment in St. Louis, the largest SMSA
in the region, remained virtually unchanged in 1973, after
declining about 2 percent in 1972.




Employment
(Compounded Annual Rates of Change)
TOTAL EMPLOYMENT
4/71
to
4/72

4/72
to
4/73

4/71
to
4/72

4/72
to
4/73

U.S.

3.3%

3.7%

3.9%

3.7%

Arkansas
Kentucky
Mississippi
Tennessee
Missouri

5.1
5.3
4.0
6.5
3.0

3.4
3.8
2.7
1.9
2.3

6.0
7.1
5.4
7.4
N.A.

4.5
3.9
3.5
2.8
N.A.

State Summary

4.0

3.3

5.0

3.9

1.5
2.1
3.4
3.3
4.7
1.2
-2.1
5.4

5.0
5.8
4.0
6.0
2.0
0.6
0.2
5.1

2.0
3.1
4.2
3.5
5.5
2.0
-1.1
6.4

5.6
5.9
4.2
6.2
2.2
1.7
0.0
4.8

0.8

2.5

1.3

2.5

Evansville
Fort Smith
Little Rock
Louisville
Memphis
Pine Bluff
St. Louis
Springfield
SMSA Summary

N.A. - Not ;available

3

PAYROLL EMPLOYMENT

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

VALLEY STATE SUMMARY

1972
IV

1

II

111.4
111.0

113.3
111.9

115.7
112.1

1973

ill

IV

OCT

1973
NOV

DEC

112.9
113.2

114.1
113.9

115.1
115.2

115.1
115.2

1 14.7
115.2

115.5
115.1

1 17.6
113.3

1 17.7
114.4

1 18.9
115.0

120.2
1 16.3

120.0
116.0

120.3
1 16.5

120.3
1 16.4

117.4
117.5

119.4
1 18.7

119.4
119.6

120.9
120.4

122.3
121.8

122.2
121.6

122.5
122.0

122.4
121.8

111.9
99.3

113.4
100.6

113.9
101.8

114.2
102.2

115.4
103.2

115.2
102.9

115.4
103.4

115.7
103.4

4.2
5.3

3.7
5.0

3.9
4.9

3.9
4.8

4.0
4.7

3.8
4.5

3.9
4.7

4. 1
4.9

161.7
155. 1

165.2
158.4

169.0
161.9

177.4
166.4

N.A.
171.5

186. 1
169.8

N.A.
171.5

N.A.
173. 1

147.3
151.5

169.2
169. 1

175.7
170.8

211.6
217.9

N.A.
N.A.

225.3
227.4

211.4
208.0

N.A.
N.A.

MANPOWER U T I L I Z A T I O N
TOTAL EM PL OYM ENT INDEX
C.M.V. STATES
UNITED STATES
PAYROLL EMPLO YMENT INDEX
C.M.V. STATES
UNITED STATES
N O N M A NU FA CT UR ING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
M A N U F A CT UR ING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
UNEMPLO YME NT RATE
C.M.V. STATES
UNITED STATES

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

NOTE:

INCOME INDEX
STATES
STATES
REC EIPTS INDEX
STATES
STATES

UNITED STATES DATA FOR TOTAL EMPLOYMENT INDEX AND UNEMPLOYMENT RATE ARE SCHEDULED FOR
R E V IS IO N W ITHIN THE NEXT FEW WEEKS.

MANPOWER U T IL IZ A T IO N DATA FOR THIRD AND FOURTH QUARTERS 1973 NOT COMPARABLE WITH PREVIOUS QUARTERS

N.A.
ALL

- NOT AV AI LAB LE
INDEXES:




1967-100

CENTRAL M . 3 S I S S I P P I
VALLEY STATE SUMMARY
1967-100

PAYROLL EMPLOYMENT

1967-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING

DECEMBER 1973
STATE
SUMMARY
+3.8

TOTAL PAYROLL EMPLOYMENT

N O N M A N U FACTURING EMPLOYMENT

NONMANUFACTURING

♦4. 1

4-3.5

MANUFACTURING

4-3.0

4-3.7

TOTAL EMPLOYMENT

4-3,4

4-3.4

PERSONAL INCOME *

4-16.0

4-10.5

*

135

U.S.
4-3.6

YEAR ENDING OCTOBER

130
125

1967-100

PERSONAL

INCOME

1967-100

120

115

110
105

100
M ANUF A C T U R I NG EMPLOYMENT
120

115

110
105
100

95
90
85

C.M.V. STATES



U.S.

ALL DATA ARE SEASONALLY ADJUSTED

5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
III

IV

OCT

1973
NOV

DEC

792. 1
1 18.7

806.6
119.8

786.8
119.8

81 1.6
120.8

784.8
1 18.4

763.9
120.3

596.4
122.2

615.8
123.2

627.0
124. 1

621.5
124.7

623.9
124.5

620.0
124.7

620.5
124.8

406.4
117.2

405.7
119.7

417.6
120.3

426.8
121.7

420.2
121.2

421.5
121.3

419.2
121.5

420.0
121.0

188.6
124.1

190.7
127.7

198.2
129.7

200.2
129.5

201.2
132.5

202.4
131.8

200.8
132.2

200.5
133.6

33.7
4.6

35.6
4.0

36.4
4.3

33.4
4.3

32.4
4.3

29.6
4.3

32.4
4. 1

35.2
4.4

7,476
169. 1

6,852
172.4

7,284
180.8

7,900
192.1

N.A.
N.A.

8,796
194.6

N.A.
N.A.

N.A.
N.A.

3,004
166.0

966
185.8

1,097
210.4

1,724
269.9

N.A.
N.A.

4,652
247.5

6,581
258.5

N.A.
N.A.

1972
IV

1

II

761.1
115.9

753.6
118.7

594.9
119.3

1973

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
NO N M A N U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
M A N U F A C T U R I NG 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

ARKa NSAS
135

PERCENTAGE CHANGE

130

SEASONALLY ADJUSTED INDEX

125

YEAR ENDING

120

DECEMBER 1973

115
TOTAL PAYROLL EMPLOYMENT

110

N O NMAN U F A C T UR I N G EMPLOYMENT

NONMANUFACTURING

4-3.3

4-3.5

4-6.6

4-3.7

TOTAL EMPLOYMENT

1-2.0

PERSONAL INCOME *

4-16.9

4-3.4
4-10.5

*

135

U.S.
4-3.6

MANUFACTURING

105
100

ARKANSAS
+4.4

YEAR ENDING OCTOBER

130
125

1967-100

PERSONAL

INCOME

1967-100

120
115

110
105

100
M A N U F A C T U R I NG EMPLOYMENT
160
150
140
130

120
110
100
90

ARKANSAS



U.S.

ALL DATA ARE SEASONALLY ADJUSTE0

7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
1972
IV

1

II

1973

III

IV

OCT

1973
NOV

DEC

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
N O N M A NUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFA C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1274.4 1247.5 t305.1 1328.0 1322.4 1347.5 1319.7 1300.0
120.7
119.5
1 18.6
119.1
120.5
119.9
116.1
121.0
1015.0 1014.4 1035.3 1044.1 1055.0 1055.5 1052.5 1056.9
120.7
123.9
123.2
124.3
125.5
125.3
125.7
125.6
741.0
121.7

737.2
124.8

753.7
123.6

760.2
125.0

768.8
126.3

767.9
125.8

769.4
126.8

769.2
126.3

274. 1
118.2

277.2
121.4

281.6
122.0

283.9
122.6

286. 1
123.5

287.6
124.0

283. 1
122.8

287.7
123.7

55.2
4.5

59.5
4.1

60.2
4.3

58.7
4.5

58.0
4.5

50.7
4.2

58. 1
4.3

65.2
5.0

13,096 13,016 13,320 13,768
171.5
163.6
174.4
178.7

N.A.
N.A.

14,340
184.2

N.A.
N.A.

N.A.
N.A.

N.A.
N.A.

1,885
235. 1

2,154
152.6

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

2,021
151.9

1,166
173.6

N.A. - NOT AVAILABLE
ALL INDEXES:




1967-100

8

731
174.2

1,151
211.7

KENTUCKY
135

PERCENTAGE CHANGE

130

SEASONALLY ADJUSTED INDEX

125

YEAR ENDING

120

DECEMBER 1973

115

KENTUCKY

110
105
100

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING

+3.8

+3.6

+3.8

+3.5

MANUFACTURING

+4.0

♦3.7

+3.8
+ 15.3

+3.4

TOTAL EMPLOYMENT

N O NMANUFACTURING EMPLOYMENT

PERSONAL INCOME *
*

140

U.S.

+ 10.5

YEAR ENDING OCTOBER

135

PERSONAL

130
125

125

120

120

115

115

110

110

105

105

INCOME

100

M A N U F ACTURING EMPLOYMENT
160
150
140
130
120

110
100
90

KENTUCKY



U.S.

ALL DATA ARE SEASONALLY ADJUSTED

9

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

M ISSISSIPPI
III

IV

OCT

1973
NOV

DEC

844.4
1 1 1.5

852.5
112.4

865.4
113.9

865.5
1 13.6

865.5
114.0

865.3
114.1

638.3
121.6

647.5
121.6

654.2
122.5

666.4
124.3

665. 1
123.9

665.8
124.4

668. 4
124.8

434.5
117.9

429.4
119.4

437.2
1 19.6

441.6
120.6

452.5
122.9

451 .6
122.4

451.5
122.9

454.5
123.3

209.3
124.7

208.9
126.3

210.3
126.0

212.7
126.4

213.9
127.5

213.6
127.1

214.3
127.6

213.9
127.9

32.4
4.2

34.0
3.8

39.6
4.1

35.2
4.0

31.5
4.0

28.5
4.0

33.9
3.9

32.1
4.0

7,852
164.9

7,372
170. 1

7,460
172.3

7,944
181.5

N. A.
N .A .

9,348
195.0

N. A.
N. A.

N. A .
N.A.

2,044
146. 1

1,088
155.0

834
165.5

1,155
208.9

N. A.
N. A.

3,208
215.7

3,404
203. 1

N. A.
N.A.

1972
IV

1

11

843.0
110.9

835.2
111.8

643.7
120. 1

1973

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 M A N U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MAN U F A C T U R I NG 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 ISSIooIPPI
1967-100

PAYROLL EMPLOYMENT

1967-100
135

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

130
125

YEAR ENDING

120

DECEMBER 1973
MISSISSIPPI

115
110

♦3.6

NONMANUFACTURING

♦4.2

MANUFACTURING
TOTAL EMPLOYMENT

♦2.2
♦2.7

♦3.5
♦3.7

PERSONAL INCOME *

♦ 19.9

105
100

N O NMAN U F A C T UR I N G EMPLOYMENT

X

135

U.S.

+3.6

TOTAL PAYROLL EMPLOYMENT

♦3.4
♦ 10.5

YEAR ENDING OCTOBER

130
125

1967-100

TOTAL EMPLOYMENT

120

1967-100
125

115

120

110

115

105

110

100

105

M A N U F A C T U R I NG EMPLOYMENT

PERSONAL

INCOME

100
160
150
140
130

120
110
100
90

MISSISSIPPI



U.S.

ALL DATA ARE SEASONALLY ADJUSTED

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1972
IV

1

II

1973

III

IV

OCT

1973
NOV

DEC

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
NO N M A N U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
M A N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNE MPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

2000.2 1955.4 2038.0 2097.3 2093.8 2152.3 2069.7 2059.5
104.2
104.5
108.7
107.2
107.4
102.9
106.0
107.8
1695.5 1677.5 1714.1 1742.5 1774.4 1776.5 1773.9 1772.8
105.9 107.0
109.3
110.7
107.5
110.9
110.8
110.8
1254.1 1235.8 1266.6 1289.2 1317.4 1319.6 1316.8 1315.9
109.5 110.5
113.4
115. 1 115.0
1 1 1.0
115.0
114.8
441.5
96.8

441.7
98.3

447.6
99.0

453.2
99.1

457.0
100.3

456.9
100.2

457. 1
100.4

456.9
100.3

89.1
5.0

91.9
4.0

95.4
4.3

88.2
4. 1

81.0
4.3

77.0
4.2

84.6
4.4

81.3
4.3

N. A. 25,056
N.A.
177.9

N.A.
N.A.

N.A.
N.A.

4,956
240.7

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

21,488 21,312 21,764 23,128
154. 1 156.3
157.8
168.2
2,894
150.2

1,992
165.9

1,772
163.4

2,368
182.9

N. A.
N.A.

5,311
227.7

* MANPOWER UTILIZATION DATA FOR THIRD AND FOURTH OUARTERS 1973 NOT COMPARABLE WITH PREVIOUS QUARTERS
N.A. - NOT AVAILABLE
ALL

INDEXES:




1967-100

12

MISSOURI
PAYROLL EMPLOYMENT
PERCENTACE CHANCE
SEASONALLY ADJIISTEO INDEX
YEAR ENDINC
OCTDDER 1075
MISSORRI
PERSONAL INCOME

*14.5

U.S.
♦•10.5

N O N M A N U F A C T UR I N G EMPLOYMENT

MISSOURI



U.S

ALL DATA ARE SEASONALLY ADJUSTED

13

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TENNESSEE
1972
IV

1

11

1!
973
111

IV

OCT

1973
NOV

DEC

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 U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1827.2 1773.8 1818.7 1849.9 1860.2
118.6
117.0
1 17.8
119.0
119.2

1866.8 1858.8 1855.1
118.1
118.7
120.6

M 9 3 . 9 1484.6 1507.8 1516.7 1534.8 1530.5 1536.8 1537.0
121.7
123.8
123.4
123.7
125. 1 124.6
125.5
125. 1
991.5
125.5

986.9 1006.2 1010.6 1027.0 1022.1 1027.7 1031.1
128.5
127.9
128.3
130.0
129.5
130.4
130. 1

502.3
115.0

497.7
115.2

501.6
115.4

506. 1
115.3

507.8
116.3

508.4
116.0

509. 1
116.7

505.9
116.2

54.5
3.2

56.7
3.0

59.9
2.9

57.7
3. 1

52.0
3.0

45.2
2.8

55.9
3.0

55.0
3. 1

15,652 15,440 16,240 16,936
166.0
166.7
174.7
182.3

N. A.
N. A.

17,964
191.2

N. A.
N. A.

N. A.
N. A.

N. A.
N. A.

1,974
215.7

2,206
166.5

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

1,516
142.5

807
175.8

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




14

690
173.0

998
214.4

TENNESSEE
100
135

PERCENTAGE CHANGE

130

SEASONALLY ADJUSTED INDEX
YEAR ENDING

125

DECEMBER 1973

120

115

TENNESSEE

U.S.

+2.5

+3.6

+3.5

+3.5

+0.6

+3.7

+2.9

+3.4

+ 15.9

+ 10.5

TOTAL PAYROLL EMPLOYMENT

110

NONMANUFACTURING

105

MANUFACTURING
TOTAL EMPLOYMENT

100
N O N M A N U FACTURIN6 EMPLOYMENT

PERSONAL INCOME *
*

135

YEAR ENDING OCTOBER

130

PERSONAL

125

INCOME

120

115

110
105

100
M AN U F A C T U R I NG EMPLOYMENT
125
120

percent

UNEMPLOYMENT RATE

percent

115

110
105

100
95
90

TENNESSEE

— ■■■■■ U . S .




ALL OATA ARE SEASONALLY AOJUSTED

15

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EIGHT

C E NTRAL M I S S I S S I P P I
METROPOLITAN AREAS

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

XX

PAYROLL EMPL OYM ENT INDEX
C.M.V. AREAS
UNITED STATES
N O N M A NU FA CT UR ING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
MA NU FA C T U R I NG EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
UNEMP LOYME NT RATE
C.M.V. AREAS
UNITED STATES

1973

VALLEY

III

IV

OCT

1973
NOV

DEC

110.4
114.4

110.2
115.0

111.3
116.3

111.2
1 16.0

111.2
116.5

111.4
1 16.4

115.5
118.7

115.7
1 19.6

1 15.6
120.4

116.6
121.8

116.4
121.6

1 16.8
122.0

1 16.6
121.8

96.7
99.3

98.2
100.6

98.8
101.8

98.6
102.2

99.7
103.2

100. 1
102.9

99.0
103.4

99.9
103.4

4.7
5.3

3.8
5.0

4. 1
4.9

4. 1
4.8

4.0
4.7

4.0
4.5

3.9
4.7

4.0
4.9

96

95

95

94

94

94

94

94

164.8
167.8

173.2
178.8

180. 1
188. 1

185.7
196.3

192.6
201.7

189.9
200.4

193.8
201 .6

194. 1
203. 1

142.4
152.2

143.7
156.4

145.9
161.3

149.2
166.3

151.7
169. 1

151.3
168.2

152.9
169.4

150.9
169.8

202.7
215. 1

210.7
234.2

218.9
247.5

245.7
264.9

254.3
N.A.

255.4
273.3

252.8
278.4

254.8
N.A.

1972
IV

1

II

108.5
112.1

110.0
113.3

114.0
117.5

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS INDEX
C.M.V. AREAS
UNITED STATES
MEMBER BANK DEPOSITS INDEX
C.M.V. AREAS
UNITED STATES
CHECK PAYMENTS 1N D E X *
C.M.V. AREAS
UNITED STATES

* * MANPOWER UTILIZATION DATA FOR FOURTH QUARTER 1973 NOT COMPARABLE WITH PREVIOUS QUARTERS
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AV AI LA BL E
INDEXES:




1967-100
>

EI GHT CENTRAL M . J S I S S I P P I VALLEY
METROPOLI TAN AREAS

PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDIN6
DECEMBER 1973
AREA
SUMMARY
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

♦2.7

♦3.6

♦ 15.9

♦ 19.0

TOTAL OEPOSITS
CHECK PAYMENTS *

♦6.2
♦27.7

♦ 10.5

*

1971

1971

1973

1972

1972

UN EM PLO YME NT RATE

♦30.2

YEAR ENDING NOVEMBER

1979

CHECK PAYMENTS

TOTAL BANK DEPOSITS

PERCENT

U.S.

PERCENT

10

1971

C.M.V. AREAS



1972

1979

U.S.

1971

1972

1979

ALL DATA ARE SEASONALLY ADJUSTEO

17

1971

1972

1979

PREPAREO BY FEDERAL RESERVE BANK OF ST. LOUIS

ST. LOUIS, MISSOURI—I L L I N O I S
METROPOLITAN AREA
III

IV

OCT

1973
NOV

DEC

882.0
100. 1

876.4
99. 1

881.2
99.6

881.7
99.6

882.5
99.9

879.4
99.4

613.5
107.0

622.6
106.0

616.2
104.9

623. 1
105.8

622.0
105.6

623.7
106. 1

623.7
105.7

257. 1
87. 1

255.7
88.0

259.4
88.4

260.3
87.7

258. 1
87.5

259.7
87.8

258.8
87.7

255.7
86.9

52.4
6.0

50. 1
4.7

56.2
5.2

51.7
5. 1

42.6
* 4.9

41.9
5.0

44.8
4.9

41.1
4.8

55

54

54

54

54

54

54

54

2,956
142.6

3,037
145.8

3,029
148.2

3,069
149.5

3,181
153.4

3,080
150. 1

3,155
154.7

3,307
155.3

4,154
121.6

4,106
120.5

4,010
119.7

4,057
120.9

4,225
123.7

4,149
121.8

4,237
125.4

4,290
124.0

185. 1
197.6

204.6
205.4

206.6
214.9

239.3
249.3

246.5
255.4

248.0
258.4

240.0
253.0

251.5
254.7

1972
IV

1

II

881.1
99.6

869.2
100.6

624.0
105.9

1973

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMAN U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
M A N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBEF

BANKS.

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



18

ST. L OUI S
MISSOURI-ILLINOIS
METROPOLI TAN AREA
PAYROLL EMPLOYMENT

r-ioo

TOTAL BANK LOANS

1967-100

PERCENTAGE CHANGE
SEASONALLY AOJUSTED INDEX
YEAR ENDING

DECEMBER 1973
ST. LOUIS
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
* YEAR ENDING NOVEMBER

1971

1972

1971

1973

1972

U.S.

-0-

♦3.6

♦7.7

♦ 19.0

♦2.8

♦ 10.5

♦32.4

♦30.2

1973

CHECK PAYMENTS

TOTAL BANK DEPOSITS
170
PERCENT

UNE MP LO YM EN T RATE

1973

ST. LOUIS



160

PERCENT
10

150

8

140

6

130

4

120

2

110

0

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTEO

19

100

1971

1972

1973

PREPARED BY FEDERAL RESERVE SANK OF ST. LOUIS

LO U ISVILLE, KENTUCKY-INDIANA
M E T R O P O L I T A N AREA
1972
IV

1

II

341.3
113.9

342.2
116.8

230.9
120.3

1973

III

IV

OCT

1973
NOV

DEC

356.6
119.1

362.6
120.6

362. 1
120.9

363.3
121.6

358. 1
119.4

365.0
121.8

229.4
123. 1

242.3
126.3

247.5
128.6

248.2
129.3

246.8
129.0

248.6
129.4

249. 1
129.7

110.4
102.7

112.8
105.6

114.4
106.4

115.2
106.3

114.0
106. 1

116.5
108.6

109.5
101.8

115.9
107.8

12.0
3.6

11.8
3. 1

13.8
3.3

14.0
3.3

12.1
3.4

11.1
3.3

12.2
3.3

12.9
3.6

8

8

8

7

7

7

7

7

1,214
198. 1

1,293
211.7

1,325
220.4

1,395
234.3

1,552
253.6

1,470
247.7

1,554
255.3

1,632
257.9

1,635
155. 1

1,669
158.9

1,701
162.6

1,709
164.8

1,797
170.6

1,764
169.7

1,797
171.5

1,829
170.7

40.5
191.1

42.0
202.6

43. 1
205.0

41.8
203. 1

46.6
214.9

45.0
209.7

44.5
215.0

50.3
220. 1

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
N ON MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFA C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBEF

BANKS.

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




20

LOUISVILLE
KENTUCKY-INDIANA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1071

1972

1973

100

TOTAL BANK LOANS

100

128

310

126

295

124

280

122

265

YEAR ENDING

120

250

DECEMBER 1973

118

235

116

220

114

205

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

112

190

TOTAL DEPOSITS

110

175

108

160

106

145

104

1971

1972

1973

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

LOUISVILLE

CHECK PAYMENTS *
* YEAR ENDING NOVEMBER

U.S.

+6.2

+ 3.6

+27.2
+9.5

+ 19.0
+ 10.5

+ 12.6

+ 30.2

130

TOTAL BANK DEPOSITS

CHECK PAYMENTS

1967-100

1967-100

190
PERCENT

UNEMPLOYMENT RATE

180

PERCENT

170

10

160
150
140
130

1971
LOUISVILLE —



1972

1973

U.S

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

21

120

1971

1972

1973

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MEMPHIS, TENNESSEE-ARKANSAS
METROPOLITAN AREA
1972
IV

1

II

310.0
123. 1

307.4
124.6

249.2
128.2

1973

III

IV

OCT

1973
NOV

DEC

313.2
125.7

314.5
125.0

316.7
125.8

316.4
125.6

316.9
126.0

316.8
125.7

247.0
130.0

251.2
130.8

252.0
129.7

254.5
131.0

253.7
130.6

254.3
131.1

255.5
131.2

60.8
105.8

60.4
106.4

62.0
108.4

62.4
109.2

62.2
108.2

62.7
108.9

62.6
108.7

61.3
107.0

10.2
3. 1

9.5
2.7

12. 1
2.8

11.9
3.0

10.0
3.0

9.8
3.0

11.0
3.0

9. 1
3.0

6

6

6

6

6

6

6

6

1,429
174.5

1,593
189.7

1,659
206.2

1,729
216.8

1,778
217.4

1,749
222.2

1,793
219.4

1,790
210.7

2,188
170.5

2,225
173. 1

2,329
182.6

2,402
191.9

2,379
185.6

2,438
192.3

2,372
185.9

2,326
178.6

53.2
242.7

53. 1
244.5

52.3
250.7

59.6
287.6

68.6
306. 1

68.7
309.3

67.2
304.5

70.0
304.6

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMAN U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBEF ! BANKS.

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




22

MFMPHI S
TENNESSEE- ARKANSAS
METROPOLI TAN AREA
PAYROLL EMPLOYMENT
1 9 6 7 -1 0 0

1967 -•100
128

TOTAL BANK LOANS

126

PERCENTAGE CHANGE

124

SEASONALLY ADJUSTED INDEX

122

YEAR ENDING

120

DECEMBER 1973
MEMPHIS

118
116

TOTAL PAYROLL EMPLOYMENT

114

TOTAL LOANS

112

TOTAL DEPOSITS
CHECK PAYMENTS X

110

*

U.S.
4-3.6

♦2.1
♦ 19.4

4-19.0

♦5.3

4-10.5

♦27.6

4-30.2

YEAR ENDING NOVEMBER

108
106

1971

1972

1973

104

1971

1972

1973

TOTAL BANK DEPOSITS
240

PERCENT

UNE MP LO YM ENT RATE

220

PERCENT
10

200

180
160
140
120

1971
MEMPHIS



1972

U.S.

1973

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

23

100

1971

1972

1973

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LITTLE ROCK, NORTH LITTLE ROCK, ARKANSAS
METROPOLITAN AREA
1972
IV

1

II

137.5
119.0

136.4
120.3

108.7
119.5

1973

III

IV

OCT

1973
NOV

DEC

140. 1
120.8

143.3
122.9

143.2
123.9

143.9
124.0

143.0
124.0

142.8
123.8

107.2
120.5

109.8
120.3

112.4
122.4

112.0
123. 1

112.4
123.2

111.8
123.2

111.7
122.8

28.8
117.0

29.2
119.8

30.3
122.5

30.9
125.0

31.3
127.2

31.5
127.1

31.2
126.9

31.1
127.7

3.8
2.5

3.3
2.2

4.2
2.5

4.0
2.3

4. 1
2.6

3.3
2.3

3.9
2.5

5.0
3.0

7

7

7

7

7

7

7

7

555
214.9

587
231.0

620
242.1

612
242.2

659
255.4

638
249.4

666
255.9

675
260.9

714
166.2

735
171.3

734
171.8

749
177.3

795
185.3

779
182.1

801
186.7

804
187.0

15.0
230.1

16.2
247. 1

17.0
262.9

17.6
269.0

18.2
270.3

19. 1
263.4

17.3
273.3

18. 1
274.2

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
MANUFA C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBEF

BANKS.

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




24

L I T T L E ROCK
NORTH L I T T L E ROCK, ARKANSAS
METROPOLI TAN AREA
PAYROLL EMPLOYMEMT

TOTAL BANK LOANS

100

340
320

PERCENTAGE CHANGE

300

SEASONALLY ADJUSTED INDEX

280

YEAR ENDING

260

DECEMBER 1973
LIITTLE ROCK

240
220

TOTAL PAYROLL EMPLOYMENT

200

TOTAL LOANS

180

TOTAL DEPOSITS

160

1-1 1.0
1-19.2

CHECK PAYMENTS *
*

i-4.6
1-18.7

U.S.
t3.6
1-19.0
1-10.5
1-30.2

YEAR ENDING NOVEMBER

140
120

1071

1972

1971

1973

1972

1973

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

1971
LITTLE ROCK



1972

1973

U.S.

100
CHECK PAYMENTS

1967-100

1967-100
280
260

PERCENT
10

240

8

220

6

200

4

180

2

160

0

1971

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

25

1971

1972

1973

140

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EV A N SV ILLE, INDIANA-KENTUCKY
M E T R O P O L I T A N AREA
III

IV

OCT

1973
NOV

DEC

93.8
109.2

94.4
109.3

94.8
113.4

94.3
112.0

95. 1
114.0

95.0
114.1

57.5
114.1

58.5
114.6

59.7
115.2

59.6
115.2

59.4
114.9

59.8
115.7

59.6
114.9

31.6
98.9

33.6
102.9

35.3
101.0

34.7
100.3

35.2
110.6

34.9
107.5

35.3
111.5

35.4
112.9

4.6
4.8

3.8
3.4

4.0
3.7

4.0
4.0

3.3
3.3

3. 1
3.4

3.3
3.2

3.5
3.3

9

9

9

9

9

9

9

9

333
163. 1

341
169.3

353
173. 1

366
180.7

398
195.4

382
189.9

402
196.8

41 1
199.4

481
155.6

498
160.7

497
159.9

502
164.3

539
174.3

521
171.1

542
175.3

553
176.4

6.8
145.9

7.5
157.0

7.6
161.8

7.8
162.8

8.3
174. 1

8.7
169.5

8.2
175.3

8. 1
177.6

1972
IV

1

II

90.0
107.4

91. 1
109.7

58.4
112.9

1973

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYM ENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NON MA NU F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UN EMP LOY MENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMP LIN G OF MEMBER AND NONMEMBEF

BANKS.

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




26

EV A N S V IL L E
INDIANA-KENTUCKY
METROPOLITAN AREA
1967-100

PAYROLL EMPLOYMENT

1967-100

1967-100
240

TOTAL BANK LOANS

1967-100
240

230

230

220

220

210

210

YEAR ENDING

200

200

DECEMBER 1973

190

190

180

180

TOTAL PAYROLL EMPLOYMENT

170

170

TOTAL LOANS
TOTAL DEPOSITS

£

160

160

150

150

140

140

130

130

120 , 111 1 1 1 111 11

1971

. ............. .. 1 1 1 1 1 1 1 1 1 1 1 1 L.

1972

1973

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

EVANSVILLE

CHECK PAYMENTS *
*

+5.9
♦21.7

U.S.
♦3.6

♦ 12.5

♦ 19.0
♦ 10.5

♦20.4

♦30.2

YEAR ENDING NOVEMBER

120

CHECK PAYMENTS

TOTAL BANK DEPOSITS
190
PERCENT

UNEMPLOYMENT RATE

1971
EVANSVILLE




1972

1973

U.S.

180

PERCENT
10

170

8

160

6

150

4

140

2

130

0

120
ALL DATA ARE SEASONALLY ADJUSTED

27

1971

1972

1973

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

SPRINGFIELD MISSOURI
METROPOLITAN AREA
1972

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
N O N M A NUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
M A N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

**

1973
III

IV

OCT

1973
NOV

DEC

64.6
130.2

64.6
129.8

68.3
136.0

68.0
135.0

68.4
136.2

68.4
136.9

45.7
128.7

46.8
128.5

46.7
129.7

49.8
136.2

49.6
135.3

49.8
136.6

49.9
136.7

16.9
123.6

17.4
131.9

17.8
134.8

17.9
130. 1

18.5
135.7

18.4
134.1

18.6
135.4

18.5
137.5

2.2
3.3

2.9
3.2

2.6
3.3

2.4
3.4

2.2
3. 1

1.9
3.0

2.3
3. 1

2.4
3.2

4

4

4

4

4

4

4

4

126
239.6

129
251.2

139
263.5

145
273.6

145
277.4

143
270.5

144
279.3

149
282.3

181
179.9

180
183.6

188
190.0

193
193.4

201
200.2

197
193.8

201
201.3

205
205.5

5.8
?25 2

6.3
240.5

6.5
248.9

7.0
263.3

7.3
278.5

7.5
275.2

7.6
278.6

6.8
281.6

1

II

62.9
125.3

63.1
129.5

46.0
125.9

,V

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX*

** MANPOWER UTILIZATION DATA FOR FOURTH OUARTER 1973 NOT COMPARABLE WITH PREVIOUS QUARTERS
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

SPRINGFIELD
MI S S OURI
METROPOLI TAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING

DECEMBER 1973
SPR1N6F1ELD
TOTAL LOANS
TOTAL DEPOSITS

♦ 15.7

U.S.

♦ 15.3

♦ 19.0
♦ 10.5

♦24.8

♦30.2

CHECK PAYMENTS *
* YEAR ENDING NOVEMBER

104

TOTAL BANK DEPOSITS
245

PERCENT

UNE MPL OY ME NT RATE

1967-100

CHECK PAYMENTS

1967-100
280

260

PERCENT

240
220

200
ISO
160
1971

SPRINGFIELD



1972

140

1973

U.S.

ALL OATA ARE SEASONALLY ADJUSTEO

29

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT S M I T H , A R K A N S A S - O K L A H O M A
M E T R O P O L I T A N AREA
MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
N O N M A NUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MA N U F A C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1967-100

30

FORT SMI TH
ARKANSAS-OKLAHOMA
METROPOLI TAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS
240

230

PERCENTAGE CHANGE

220

SEASONALLY ADJUSTED INDEX

210

YEAR ENDING

122

200

DECEMBER 1973

120

190

118

180

♦3.6

170

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

4-6.6

116

♦ 17.1

♦ 19.0

114

160

TOTAL DEPOSITS

♦ 10.4

♦ 10.5

112

150

♦ 13.4

♦30.2

I10

140

108

130

106

1071

1972

1973

FORT SMITH

CHECK PAYMENTS *
HE YEAR ENDING NOVEMBER

U.S.

120

TOTAL BANK DEPOSITS

CHECK PAYMENTS

1967-100

1967-100

190
PERCENT

UNEMPLOYMENT RATE

180

PERCENT

170

10

160
150
140
130

1971
FORT SMITH



U.S

1972

1973

ALL DATA ARE SEASONALLY ADJUSTED

31

120

1971

1972

1973

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

PINE BLUFF ARKANSAS
METROPOLITAN AREA
1972
IV

1

II

25.5
107. 1

25.4
109.3

19.5
106.8

1973

III

IV

OCT

1973
NOV

DEC

25.6
108.8

25.7
108.7

26.0
109.0

25.9
108.4

26.0
109.3

26.0
109.2

19.3
108.6

19.2
107.2

19.2
107.1

19.5
106.8

19.4
106.0

19.5
106.9

19.6
107.4

6.0
108.4

6.2
111.4

6.4
114.0

6.5
113.9

6.5
116.2

6.5
116.3

6.5
1 17.2

6.4
115.1

1.3
4.2

1.3
3.6

1.4
3.9

1.3
4.0

1.2
3.7

1.1
3.8

1. 1
3.5

1.3
3.7

4

4

4

4

4

4

4

4

125
184.2

132
194.0

132
196.7

133
201.6

158
232. 1

142
216.0

160
234.0

172
246.3

186
153. 1

186
156.7

184
157.7

186
160.9

207
170.6

195
164.8

209
171.4

216
175.7

2.3
169.2

2.2
184.8

1.9
175.0

2.1
185.7

2.8
199.6

2.5
191.7

3.2
198.4

2.7
208.8

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMAN U F A C T UR I N G EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MAN UFA C T U R I NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBEF ! BANKS.
N . A . - NOT AVAILABLE
ALL

INDEXES:




1967-100

32

P I N E BLUFF
ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS
250

240

PERCENTAGE CHANGE

250

SEASONALLY ADJUSTED INDEX

220

YEAR ENDING

210

DECEMBER 1973
PINE BLUFF

200
190

U.S.
+3.6

180

TOTAL LOANS

+2.0
+31.3

170

TOTAL DEPOSITS

+ 14. 1

+ 19.0
+ 10.5

CHECK PAYMENTS #

+ 17.0

+30.2

160

TOTAL PAYROLL EMPLOYMENT

*

YEAR ENDING NOVEMBER

150
140
150

TOTAL BANK DEPOSITS
180
PERCENT

UNE MPL OYM EN T RATE

170

PERCENT

160

10

150
140
150
120
1971

PINE BLUFF



U.S

1972

1975

ALL DATA ARE SEASONALLY ADJUSTED

33

110
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS IN TEN MEDIUM-SIZE CITIES
----------------------- M I L L I O N S nP c e l l a r s —

seasonally

1/
irbex—

adjusted

t ?-----------------------

1967 = 100
DEC

1973

DEC

1973

NCV

1973

OCT

1973

DEC

1972

1 38

287.1

288.5

283.1

220.2

A3

153.6

159.4

160.6

130.4

167

159.3

159.7

158.2

142.2

164

212.7

208.0

205.5

181.2

OWENSBORO, KY.

182

197.0

202.9

204.4

164.9

PADUCAH,

129

175.2

173.4

172.0

150.3

117

176.5

181.2

176.6

151.6

95

228.1

233.8

237.7

204.6

MO.

35

170.3

173.8

170.8

156.0

TENN.

144

219.8

214.2

203.6

181.2

$

EL DORADOt ARK.
HELENA, ARK.
T E XARKANA SMSA,
QUINCY,

ARK.

ILL.

KY.

GREENVILLE, MISS.
CAPE GIRARDEAU,
HANNIBAL,
JACKSON,

MO.

1/ D E B I T S TO DEMAND DEPOSIT ACCOUNTS*

EXCEPT INTERBANK AND U.S. G O V ERNMENT ACCOUNTS.

2/ THR EE-MCNTH MOVING AVERAGES (EXCEPT LATEST M O N T H , WHICH IS A TWC-MCNTH AVERAGE).

RELEASED




J A N U A R Y 1974__________________________ PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

34