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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
1ST QUARTER 1974
STATE ACTIVITY

SUMM ARY D IS C U SSIO N p a ge 3

METROPOLITAN AREA ACTIVITY

page

page

page

SUMMARY

4

SU M M ARY

16

A RKA N SA S

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




EVANSVILLE

26
28

CHECK PAYMENTS 10 OTHER CITIES
page 34

Prepared by Federal Reserve Bank of St. Louis
Released: June 19, 1974

THE DATA

Total employment and unemployment data were formerly reported on an establishment (place-of-work) basis. Be­
ginning in 1974, however, such data have been reported on a household (place-of-residence) basis and in many
cases comparable data for earlier periods are not available. In other series, data are not comparable due to
benchmark revisions. Consequently, this issue of "Selected Economic Indicators" contains fewer comparisons
than formerly. When earlier data are received, they will be included with comparisons in subsequent issues.
Data for all charts which do not show 1974 figures are reported on the previously published basis.

Selected economic data are provided for five
states and eight Standard Metropolitan Statistical
Areas which are entirely or partially within the
Eighth Federal Reserve District. In some cases the
Standard Metropolitan Statistical Areas have been
changed recently due to the addition of new counties.
In other instances, the data do not include counties
which were recently officially included in the
Standard Metropolitan Statistical Areas. Also in­
cluded are check payment series for ten other Eighth
District cities.

of data for the last Wednesday of the preceding
month, the Wednesday on or preceding the 15th of
the current month, and the last Wednesday of the
current month. Data are collected by this Bank
and the Board of Governors of the Federal Reserve
System.
Check payments are debits to demand deposit
accounts, except interbank and U.S. Government
accounts. The data are based on a sample of com­
mercial 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 numbers are
on a 1971=100 base. The latest data in most series
are preliminary and are revised as the final figures
are received.

Income

Manpower Utilization

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

Basic employment data are from the respec­
tive State Employment Security Office and the United
States Department of Labor.

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

Banking Activity
Total loan and total deposit data are for
Federal Reserve member banks only and are averages




2

SUMMARY OF CENTRAL MISSISSIPPI VALLEY ECONOMIC ACTIVITY

Growth of total employment in the Central
Mississippi Valley (CMV) generally slowed early this year
after substantial Increases during the national business
expansion in 1972 and 1973. To some extent the weakened
employment picture in the first quarter reflected the
cutbacks in business activity associated with the
reduction in oil supplies. However, some slowing in
employment growth could have been expected following the
return to full employment during the business expansion.

Selected Indicators
(Compounded Annual Rates of Change)
TOTAL EMPLOYMENT

Accompanying the slowdown in employment growth,
the unemployment rate in the CMV area, as well as in the
United States increased moderately from the fourth quarter
of 1973 to the first quarter of this year. The
unemployment rate in all cities and states of the region,
however, remains below the U.S. rate, except for St.
Louis.
The first quarter unemployment rate for the
United States stood at 5.2 percent, while the CMV states
ranged from a low of 3.4 percent in Tennessee to 4.3
percent in Arkansas and Missouri. The unemployment rate
in the SMSAs of the region ranged from 2.9 percent in
Little Rock to 5.8 percent in St. Louis.
Growth of total bank loans and deposits in the CMV
accelerated in late 1973 and early 1974. Bank loans and
deposits in most District SMSAs increased more rapidly
than for the nation as a whole from the third quarter of
1973 to the first quarter of this year.
(See accompanying
table) Total bank loans, according to the SMSA summary
measure, increased at a 22.5 percent annual rate from the
third quarter of last year to the first quarter of this
year, considerably faster than the 12.6 percent rate of
increase for U.S. bank loans. The rising loan demand
apparently resulted from larger inventories, increased farm
production, and a higher rate of plant expansion.




IV/71
to
IV/7 3

IV/73
to
1/74

IV/71
to
III/73

III/73
to
1/74

U.S.

3.5

0.8

19.1

12.6

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

N.A.
4.9
6.7
4.4
N.A.
1.5
2.0
N.A.

N.A.
2.4
1.1
0.8
N.A.
1.2
-1.6
N.A.

15.7
13.9
21.3
19.5
25.0
15.1
9.5
21.3

34.1
17.2
38.0
38.4
- 0.6
53.0
24.0
12.1

SMSA Summary

N.A.

N.A.

16.1

22.5

Arkansas
Kentucky
Mississippi
Tennessee
Missouri

5.2
N.A.
5.5
5.8
1.0

-2.6
N.A.
-2.2
0.3
-0.1

N.A. - Not available

3

BANK LOANS

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

V A L L E Y STATE SUMMARY
III

IV

1974
1

JAN

FEB

106.3

107.2

108.3

108.5

108.5

108.5

109.2
105.6

109.6
106.6

110.3
107.2

111.3
106.4

108.6

109.0
105.6

109.3
106.5

110.1
107.2

111.1
108.4

LL

LL

108.9

106.4

109.6
105.6

110.4
106.9

110.8
107.2

111.6
108.3

IL

Li

LL

LL

LL

107.6

108.0

107.4

107.4

107.4

5.0

4.9

4.7

4.7

5.2

5.2

5.2

5.1

5.0

120.2
115.4

122.7
118.0

126.4
121.3

135.2
124.9

N.A.
126.7

132.6
125.9

134.0
126.8

N.A.
127.5

N.A.
126.4

158.2
136.7

150.1
142.3

161.8
166.3

174.7
179.6

163.1
176.7

178.5
202.3

151.0
166.7

159.8
165. 1

N.A.
N.A.

1

II

105.2

1973

1974
MAR

APR

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT INDEX
C.M.V. STATES LL
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 LL
UNITED STATES

IL

LL
106.3

LL

108.7

LL

109.2

108.6

108.4

LL

LL

108.7

108.9

LL

109.2

LL
109.4

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

H

COMPARABLE DATA NOT AVAILABLE.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




4

1971-100

PAYROLL EMPLOYMENT

1971-100
130

PEftCENTACE CHANCE
SEASONALLY ADJUSTED INDEX
YEAS END INC
FEBRUARY 1974

125
120

115

110
PERSONAL INCOME *

105

STATE
SUMMARY

u.s.

+ 10.4

+9.8

100
95

NONMANUFACTURING EMPLOYMENT
130
125
120

115

110
105

100
95

MANUFACTURING EMPLOYMENT

C.M.V. STATES _



U.S

ALL DATA ARC SEASONALLY ADJUSTED

5

PREPARED BY FEDERAL RESERVE BANE OF S T. LOOIS

ARKANSAS
1973

III

IV

1974
1

JAN

FEB

791.2
110.0

818.6
112.1

792.9
113.4

764.8
112.6

751.9
113.2

760.0
112.3

782.5
112.3

787.7
111.5

594.7
110.5

620.2
112.3

631.5
113.4

631.7
115.1

623.6
115.8

620.1
115.9

622.5
115.8

628.2
115.8

630.0
115.1

402.6
108.9

418.9
110.5

427.5
111.6

426.4
112.9

420.8
113.8

417.2
113.6

420.4
113.9

424.8
113.9

427.4
113.6

192.2
114.0

201.2
116.3

204.0
117.3

205.3
120. 1

202.8
120.3

202.9
121.0

202.1
119.9

203.4
119.9

202.6
118.4

34.4
4.0

35.3
4.2

33.0
4.1

31.7
4.0

37.8
4.3

40.0
4.3

37.7
4.2

35.7
4.3

35.5
4.5

6,900
121.3

7,284
126.7

7,900
134.2

9,352
146.1

N.A.
N.A.

7,920
136.3

7,800
138.9

N.A.
N.A.

N.A.
N.A.

982
139.8

1,249
168.5

1,633
189.8

4,870
>95.2

1,254
177.8

1,504
174.8

1,061
177.0

1,198
181.6

N.A.
N.A.

1

II

742.7
109.4

1974
MAR

APR

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

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

N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

6

ARKANSAS
PERCENTACE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1974
ARKANSAS
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING

♦2.9

U.S.
♦2.5

♦3.2

♦2.9

MANUFACTURING

♦2.2
♦3.5

♦ 1.1
♦2.3
♦9.8

TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME IE
* YEAR ENDING FEBRUARY

130

♦ 13.1

125
1971*100
165

PERSONAL INCOME

160

160

155

155
[

150

140

MO
130

PERCENT

UNEMPLOYMENT RATE

PERCENT

10

10

110

115

100

110




U.S.

_

J
/s
/

105

90

ARKANSAS

125
120

80

/

130

120

iLii1n In
1972

ii Iiilul u
1975

1.4i n

111111

1974

ALL DATA ARC SEASONALLY A049STE0

7

100

145
/

135

150

150

I

145

MANUFACTURING EMPLOYMENT

1971 *100
165

ix j.n l t i l l !
1972

J s
f /

140
135
130
125
120

115

110
105
11[.1 11 l.i 111 -I.xlxi.i l l l » L. 100
1973
1974

PRCPASCO 9Y FEDERAL RESERVE SAME OP ST* LOSIS

KENTUCKY
II

1973

III

IV

1974
1

JAN

FEB

1974

MAR

APR

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT LL
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 LL
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1247.5 1305.1 1328.0 1322.4 1271.4 1263.8 1268.8 1281.7 1294.8
1014.4 1035.3 1044.1 1055.2
110.8 110.5 111.6 112.7

ll

1045.7 1046.3
114.0 114.7

ll

ll

737.2
110.6

753.7
109.9

760.2
111.1

769. 1
112.4

11

759.6
113.7

761.2
114.6

ll

ll

277.2
111.3

281.6
112.1

283.9
113.1

286. 1
113.5

ll

286.1
114.8

285. 1
115.0

ll

11

59.5

60.2

58.7

58.0

64.6

66.0

64.0

63.8

59.9

N.A. 14,556 13,920
N.A. 134.0 133.7

N.A.
N.A.

N.A.
N.A.

912
152.7

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

LL

13,044 13,320 13,768 14,764
123.0 125.3 129. 1 132.7
1,184
143.4

757
148.4

DATA FOR 1974 NOT COMPARABLE WITH 1973.

11 COMPARABLE DATA NOT AVAILABLE.
N.A. - NOT AVAILABLE
ALL INDEXES:



1971-100

8

1,073
163.4

2,398
151.4

1,219
147.1

1,895
141.4

850
147.2

KENTUCKY
PAYROLL EMPLOYMENT

100

130

PERCENTAGE CHANGE

125

SEASONALLY ADJUSTED INDEX
YEAR ENDING
FEBRUARY 1974

120
115

110
PERSONAL

105

INCOME

KENTUCKY

U.S.

i-8.5

4-9.8

100
95

NONMANUFACTURING EMPLOYMENT
150
125
120

TOTAL EMPLOYMENT

115

120

1971-100
160

110

115

155

105

110

150

100

105

145

95

100

140

95

135

1971-100

MANUFACTURING EMPLOYMENT
130

130

125

125

120

120

115

115

110

110

105

105

100

100

95

KENTUCKY



U.S.

1971-100

95
ALL DATA ARE SEASONALLY ADJUSTED

9

PERSONAL INCOME

1972

1973

1971-100

1974

PREPARED §Y FEDERAL RESERVE BANK OF S T . LOUIS

M ISSISSIPPI
1973

III

IV

1974
1

JAN

FEB

869.2
110.9

886.6
112.2

889.0
113.9

858.8
113.3

852.1
113.7

853.9
113.4

870.5
112.7

879.6
113.6

658.5
112.5

672.9
113.3

680.8
114.3

693.3
116.0

682.2
116.5

681.6
116.7

680.3
116.3

684.6
116.5

687.3
115.8

443.7
111.4

456.1
112.6

461.7
113.9

472.7
115.9

464.9
116.7

463.4
116.6

463.4
116.6

467.9
116.9

471.9
116.4

214.8
114.7

216.8
114.7

219. 1
115.2

220.6
116.3

217.3
116.0

218.2
116.8

216.9
115.7

216.7
115.7

215.4
114.5

29.8
3.5

37.2
3.7

34.5
3.7

30.0
3.6

33. 1
3.8

34.6
4.0

33.2
3.7

31.4
3.6

33.0
3.8

7,452
122.6

7,460
124. 1

7,944
130.4

9,368
140.4

N.A.
N.A.

8,784
140.9

8,208
137.3

N.A.
N.A.

N.A.
N.A.

1,108
128.5

870
142.2

1,057
156.5

3,075
175.0

1,476
168.3

2,179
182.8

986
149.3

1,264
172.9

N.A.
N.A.

1

II

838.1
110.5

1974
MAR

APR

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

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

N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

10

M ISSISSIPPI
f971*100

PAYROLL EMPLOYMENT

1971*100
ISO

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX

129
120

YEAR ENDING

115

APRIL 1974
MISSISSIPPI
♦2.5

110

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING

105
100

♦3.7

♦2.9

-0-

♦ 1.1

♦3.2

♦2.3
♦9.8

MANUFACTURING

95

TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME *
X YEAR ENDING FEBRUARY

130

U.S.
♦2.5

♦9.8

125
120

1971-100

TOTAL EMPLOYMENT

MANUFACTURING EMPLOYMENT

1971-100

1971-100

PERSONAL INCOME

120

1971 •100
160

115

155

110

150

105

145

100

140

95

135
130

MISSISSIPPI



U.S.

125

125

120

120

115

115

110

110

105

105

100

100

95

95
ALL DATA ACE SEASONALLY ADJUSTED

11

PSEPASED 9Y FEDERAL RESERVE RANK OF S T . LOUIS

MISSOURI
1

11

1973

11 1

IV

1974
1

JAN

FEB

1974
MAR

APR

MANPOWER U T I L I Z A T I O N
total e m p l o y m e n t

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
N0NMANUFACTURIN6 EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1872.0 1943.9 1957.2 1931.0 1866.1 1846.5 1868.3 1883.4 1913.5
102.8 102.2 102.1 102.5 102.5 102.0 103.4 102.2 102.0
1717.6 1762.3 1761.2 1774.1 1750.1 1742.9 1747.8 1759.5 1774.5
105.4 106.0 106.2 106.5 107.4 107.2 107.6 107.5 107.1
1269.1 1305.9 1305.1 1317.2 1298.8 1287.4 1298.9 1310.2 1323.9
105.2 105.6 106.2 106.4 107.7 107.0 108.0 108.0 107.4
448.6
106.0

456.4
106.9

456.2
106.2

456.8
106.7

451.2
106.7

455.5
107.6

448.9
106.6

449.3
105.8

450.6
106.0

71.9
3.4

77.5
3.7

73.7
3.7

68.8
3.9

90.8
4.3

101.8
4.7

87.2
3.9

83.5
4.2

73.9
3.8

N.A. 23,424 23,724
N.A. 127.9 129.8

N.A.
N.A.

N.A.
N.A.

2,054
148.0

N.A.
N.A.

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

N.A.
ALL

-

21,660 21,764 23,128 24,912
118.4 118.6 125.5 132.3
2,030
140.4

1,795
141.0

NOT AVAILABLE

INDEXES:




1971-100

12

2,261
146.8

4,371
184.5

2,436
166.8

3,332
197.9

1,921
154.6

MISSOURI
1971-100

PAYROLL EMPLOYMENT

1971-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1974
MISSOURI

NONMANUFACTURING EMPLOYMENT

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING

+ 1.3
♦2.0

MANUFACTURING

-0.6

TOTAL EMPLOYMENT

♦0.6

PERSONAL INCOME *

♦8.9

*

U.S.
♦2.5
♦2.9
♦ 1.1
♦2.3
♦9.8

YEAR ENDING FEBRUARY

112
110

112

108

108

106

106

1971 -1 0 0
160

104

104

155

102

150

100

145

98

140

102

110

.~ —

100
98

11111111In- a11*1111I11 111111111..L1.
1972
1973
1974
manufacturing employment

1971-100

TOTAL EMPLOYMENT

1971-100

1971-100

PERSONAL INCOME

135
130
125
120

115
110

105

100
95

MISSOURI



ALL DATA ARE SEASONALLY ADJUSTED

13

PREPAREO 9Y FEDERAL RESERVE SANK OF ST. LOUIS

TENNESSEE
1

II

1973

III

IV

197 4
1

JAN

FEB

1974
MAR

APR

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

1662.6 1741.9 1779.7 1789.2 1730.3 1723.6 1728.1 1739.2 1753.7
109.5 111.1 112.9 114.0 114.0 114.0 114.5 113.7 113.2

LL

1484.6 1507.8 1516.7 1534.8 1550.2 1549.6 1549.5 1551.5 1559.3
111.0 110.9 111.3 112.4 115.9 115.8 116.2 115.6 115.2
986.9 1006.2 1010.6 1027.0 1032.6 1027.5 1032.6 1037.7 1045.4
112.0 111.8 112.3 113.8 117.1 116.7 117.6 117.1 116.8
497.7
109. 1

501.6
109.2

506.1
109.4

507.8
109.8

517.6
113.5

522.1
114.2

516.9
113.4

513.8
112.7

513.9
112.2

54.0
3.0

57.9
3.0

56.2
3.1

50.8
3.0

63.6
3.4

65.9
3.5

64.8
3.4

60.2
3.3

61.0
3.3

N. A. 17,472 17,880
N. A. 133. 1 136. 1

N. A.
N. A.

N. A.
N. A.

739
146.5

N. A.
N. A.

1NCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

LL

15,624 16,240 16,936 17,988
119.2 123.6 128.3 134.0
782
138.8

720
147.1

DATA FOR 1974 NOT COMPARABLE WITH 1973.
N,A. - NOT AVAILABLE
ALL INDEXES:




1971-100

14

903
158.5

2,005
161.7

872
153.2

1,067
160.8

809
152.3

TENNESSEE
1971-100

PAYROLL EMPLOYMENT

1971-100
130

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX

125

120

YEAR ENDING
A P R IL

115

110
TOTAL EMPLOYMENT

105

PERSONAL

100
*

95

INCOME *

1974

T ENNESSEE

U .S.

+2.6

+2.3

+ 12.9

+9.8

YEAR ENDIN G FEBRUARY

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME

MANUFACTURING EMPLOYMENT

TENNESSEE



U.S.

A U DATA ARE SEASONALLY AOJUSTEO

15

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

E I G H T CENTRAL M I S S I S S I P P I V A L L E Y
MET R OP OL I T A N AREAS
1973

III

IV

1974
1

JAN

FEB

106.6

107.2

108.4

108.6

108.3

108.7

108.7

108.9

106.5

107.2

108.4

108.9

108.4

109.2

109.2

109.4

106.9

107.2

108.3

107.6

108.0

107.4

107.4

107.4

4.9

4.7

4.7

5.2

5.2

5.2

5. 1

5.0

95

95

94

94

94

94

94

94

94

125.8
128.4

130.8
135.0

134.9
140.9

139.9
144.8

149.3
149.5

146.2
147.9

148.8
149.3

152.9
151.4

156. 1
N.A.

113.3
117.6

115.0
121.3

117.6
125. 1

119.6
127.2

120.9
129.7

120.2
128.8

121.0
129.5

121.4
130.7

122.2
N.A.

127.4
136.6

132.3
144.4

148.5
154.5

154.4
162.2

159.6
170.3

156.3
166.6

159.5
170.3

163.0
174.0

166.4
N.A.

1

II

1974
MAR

APR

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS LL
UNITED STATES
105.6
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS LL
UNITED STATES
105.6
MANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS LL
UNITED STATES
105.6
UNEMPLOYMENT RATE
C.M.V. AREAS LL
UNITED STATES
5.0

BANKING 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 INDEX ll
C.M.V. AREAS
UNITED STATES

LL

COMPARABLE DATA NOT AVAILABLE.

£

BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES:




1971-100

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 AOJUSTED INDEX
YEAR ENDING
MARCH 1974
AREA
SUMMARY U.S.

1972

1973

1972

1974

1973

UNEMPLOYMENT RATE

♦ 19,2

♦ 14,9

♦6.6

♦9.6

CHECK PAYMENTS

♦26.4

♦24.6

1974

TOTAL BANK DEPOSITS
PERCENT

TOTAL LOANS
TOTAL DEPOSITS

CHECK PAYMENTS

1971-100

1971-100
220
200

PERCENT

180

10

160
140
120
100

1972

C.N.V. AREAS



U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

17

1972

1975

1974

80

PREPARED 9Y FEDERAL RESERVE BANE OF S T. LOUIS

ST.

LOUIS, M IS S O U R I— I L L I N O I S
M E T R O P O L I T A N AREA
1973
11

II I

IV

869.2
99.3

882.0
98.9

876.4
98.3

613.5
99.5

622.6
98.6

255.7
99.0

1974

1974
MAR

I

JAN

FEB

APR

881.8
98.7

866.8
99.0

868.3
99.5

865.1
99.0

867. 1
98.6

870.1
98.1

616.2
97.9

623.6
98.6

613.8
99.5

611.3
99.4

613.4
99.6

616.6
99.4

617.8
98.3

259.4
99.6

260.3
99.3

258. 1
99.0

253. 1
98.0

257.0
99.7

251.7
97.6

250.5
96.8

252.3
97.5

47.6
4.7

56.0
5.3

54.4
5.4

46. 1
5.3

58.9
5.8

62. 1
6. 1

57. 1
5.3

57.6
6.0

55.4
5.7

54

54

54

54

54

54

54

54

54

3,037
115.8

3,029
117.8

3,069
118.8

3,181
121.9

3,470
132.3

3,525
131.6

3,437
132.7

3,446
132.7

N.A.
N. A.

4,106
105.4

4,010
104.7

4,057
105.7

4,225
108.2

4,354
111.7

4,419
110.6

4,316
111.9

4,328
112.7

N.A.
N.A.

204.6
122.7

206.6
128.4

239.3
149.0

246.5
152.8

249.9
152.9

274.5
150.8

220.1
152.2

255.2
155.8

272.2
159.3

MANPOWER U T I L I Z A T I O N 11
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
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

LL

DATA BASED ON OLD AREA DEFINITION

CLINTON AND MONROE COUNTIES,
l! BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




18

ILLINOIS NOT INCLUDED.

ST. LOUI S
MISSOURI - I L L I NO I S
METROPOLITAN AREA
PAYROLL EMPLOYMENT
1971-100

TOTAL BANK LOANS

1971-100

PERCENTAGE CHANGE
SE ASO N ALLY ADJUSTED

INDEX
YEAR ENDING
A P R IL

ST.
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *

*

1972

1973

1972

1974

1973

L O U IS

1974
U .S.

-1.0

+2.5

+ 13.5

+ 14.9

TOTAL D E P O S IT S *

+ 7 .1

+9.6

CHECK PAYMENTS *

+25.2

+ 24.6

YEAR ENDIN G MARCH

1974

CHECK PAYMENTS

TOTAL BANK DEPOSITS
160
PERCENT

UNEMPLOYMENT RATE




150

PERCENT
10

140
130

120
110
100
1974

1972

1973

1974

ALL OATA ARE SEASONALLY ADJUSTED

19

90

1972

1973

1974

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LO U IS V ILLE , KENTUCKY-INDIANA
M E T R O P O L I T A N AREA
1973

1974
MAR

III

IV

1974
1

JAN

FEB

362.6
109.5

368.4
110.8

367.0
110.8

363.2
111.7

364.0
112.0

361.9
111.6

363.8
111.4

367.2
111.7

237.8
108.8

245.6
109.4

250.1
1)0.8

249.7
111.6

243.3
111.4

243.9
111.6

242.0
111.2

244.0
111.3

247.7
111.4

115.2
107.9

117.0
109.7

118.3
110.7

117.3
108.9

119.9
112.3

120.0
112.7

119.9
112.5

119.8
111.7

119.5
112.2

12.3
3.2

14.4
3.5

14.5
3.6

13.4
3.9

14.4
3.6

14.7
3.7

14.2
3.5

14.3
3.7

14.4
3.9

8

8

7

7

7

7

7

7

7

1,293
126.6

1,325
131.9

1,395
140.1

1,552
151.7

1,684
164.9

1,654
157.9

1,684
166. 1

1,715
170.6

N. A.
N. A.

1,669
112.1

1,701
114.7

1,709
116.3

1,797
120.3

1,835
123.3

1,843
120.8

1,828
124.2

1,833
124.9

N.A.
N. A.

42.0
131.9

43. 1
133.4

41.8
132. 1

46.6
140. 1

47.9
152.5

50.9
147.6

44.4
152.9

48.5
157.0

50.4
159.3

1

II

353. 1
108.5

APR

MANPOWER U T I L I Z A T I O N 11
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
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS li
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

LL

DATA BASED ON NEW AREA DEFINITION;

NCLUDES BULLITT AND OLDHAM COUNTIES, KENTUCKY.

Li b a s e d on a s a m p l i n g of m e m b e r an d n o n m e m b e r b a n k s .
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100



20

LOUISVILLE
KENTUCKY- I NDI ANA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971-100
210
2 00

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX

190
180

YEAR ENDING

170

APRIL 1974
LOUISVILLE

160
150

TOTAL PAYROLL EMPLOYMENT

140
130
120

110
100
1972

1974

1973

1972

1973

1974

UNEMPLOYMENT RATE

PERCENT
10

1972

LOUISVILLE



U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTEO

21

+2.5

TOTAL LOANS *

+2.5
1-32.1

+ 14.9

TOTAL DEPOSITS X

+ 10. 1

+9.6

+ 14.9

+24.6

CHECK PAYMENTS *
X YEAR ENDING MARCH

90

TOTAL BANK DEPOSITS

PERCENT

U.S.

CHECK PAYMENTS

1971-100

1971-100

160

220

150

200

140

180

130

160

120

140

110
100

120

90

100
1972

1973

1974

80

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

M E MP H I S , T E N N E S S E E - A R K A N S A S
ME T R OP OL I T A N AREA
II

III

IV

1974
1

JAN

FEB

MAR

APR

317.6
I I 1. 6

325.3
112.6

326.6
112.4

328.6
113.2

324.2
113.9

322.8
113.2

324.8
114.6

324.9
114.0

325.9
1 13.5

253. 1
112. 1

259.6
113. 1

260.4
112.6

262.8
114. 1

259.2
114.8

258.3
114. 1

260.0
1 15.7

259.3
114.7

260.3
114.2

64.5
109.7

65.8
110.8

66.2
111.4

65.7
109.6

65.0
1tO.4

64.5
109.6

64.8
110.3

65.6
111.4

65.6
111.0

9.5

12. 1

11.9

10.0

10.9

1 1. 7

10.4

10.5

11.3

6

6

6

6

6

6

6

6

6

I NDEX

1,593
138.6

1,659
15 0 . 6

1,729
158.3

1,778
158.8

1,816
157.8

1,789
154.4

1,772
152.8

1,886
166.2

N. A.
N. A.

I NDEX

2,225
123.3

2,329
130. 1

2,402
136.7

2,379
132.2

2,258
1 25. 1

2,349
127.8

2,227
124.6

2,198
122.8

N. A.
N. A.

53. 1
141.2

52.3
144.8

59.6
166. 1

68.6
180. 1

73.6
198.6

81.7
192.7

65.2
201.4

73.8
201.7

78. 1
204.2

1973

1
MANPOWER
PAYROLL

UTILIZATION
EMPLOYMENT

Li

THOUSANDS OF P E R S ONS
S E A S O N A L L Y A DJ US TE D I NDEX
NONMANUFACTURING EMPLOYMENT

LL

THOUSANDS OF PE R S ONS
S E A S O N A L L Y A D J US TE D I NDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF P E RS ONS
S E A S O N A L L Y A DJ US TE D I NDEX
UNEMPLOYMENT

Li

\L

THOUSANDS OF P E RS ONS
S E A S O N A L L Y ADJ US TE D RATE

BANKING

ACTIVITY

NUMBER

OF

MEMBER

BANK

MEMBER

BANKS

LOANS

M I L L I O N S OF D OL L AR S
S E A S O N A L L Y A D J US TE D
MEMBER

BANK

DEPOSITS

M I L L I O N S OF D OL L AR S
S E A S O N A L L Y A D J US TE D
CHECK

PAYMENTS

H

B I L L I O N S OF D OL L AR S
ANNUAL RATE
S E A S O N A L L Y A DJ US TE D
DATA

1974

BASED

ON NEW A R E A

I NDEX
DEFINITION;

INCLUDES TIPTON COUNTY, TENNESSEE, BUT EXCLUDES DE SOTO COUNTY, MISSIPPIPPI.
|2_ DATA FOR 1974 NOT COMPARABLE WITH 1973.
[3_ BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL

INDEXES:




1971-100

22

MFMPHIS

TENNESSEE-ARKANSAS
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1974
MEMPHIS

U.S.

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X

+ 1.0
+ 15.9

+2.5

TOTAL DEPOSITS X

-1.4
+46.3

CHECK PAYMENTS X
X YEAR END INC MARCH

UNEMPLOYMENT RATE




U .S .

+24.6

PERCENT

1972

MEMPHIS

+9.6

CHECK PAYMENTS

TOTAL BANK DEPOSITS

PERCENT

+ 14.9

ALL DATA ARE SEASONALLY ADJUSTED

23

1973

1974

PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS

LITTLE

ROCK,

NORTH L I T T L E ROCK,
M E T R O P O L I T A N AREA
1973

ARKANSAS

III

IV

1974
1

JAN

FEB

148.1
114.4

152.0
116.8

151.9
117.9

149.9
118.6

149.3
118.7

150.1
118.9

150.2
118.2

151.1
117.8

112.9
113.8

117.2
114.9

120.4
117.3

120.0
118.2

118.0
118.8

117.6
119.0

118.1
119. 1

118.2
118.5

119.4
118.2

29.6
109.3

30.9
112.5

31.6
115.2

32.0
116.7

31.9
117.8

31.7
117.8

32.0
118. 1

32.0
117.4

31.7
116.3

3.2
2.4

4.0
2.5

4.0
2.4

4.0
2.7

4.2
2.9

5. 1
3.3

3.8
2.6

3.7
2.9

3.8
2.7

7

7

7

7

7

7

7

7

7

587
151.7

620
159.0

612
159.0

659
167.7

736
186.8

706
181.4

744
192.1

757
187.0

N.A.
N.A.

735
126. 1

734
126.5

749
130.6

795
136.4

814
139.7

815
136.9

808
139.6

820
142.5

N.A.
N.A.

16.2
141.2

17.0
150.2

17.6
153.7

18.2
155.9

18.3
164.7

20.9
161.2

16.8
162.4

17.2
170.5

23.2
176.3

1

II

142.5
112.8

1974
MAR

APR

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
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS LL
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

24

L I T T L E ROCK
NORTH L I T T L E ROCK, ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1974
LITTLE ROCK
♦3.7

♦2.5
♦ 14.9

TOTAL DEPOSITS *

♦20.4
♦ 13.1

CHECK PAYMENTS #

♦ 16.4

♦24.6

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *

*

TOTAL BANK DEPOSITS

U.S.

♦9.6

YEAR ENDING MARCH

CHECK PAYMENTS
160

PERCENT

UNEMPLOYMENT RATE

150

PERCENT

140
130

120
110
100
90

LITTLE ROCK



PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

U.S.

25

EVANSVILLE, INDIANA-KENTUCKY
ME T R OP OL I T A N AREA
MANPOWER

UTILIZATION

\

\

DATA BASED
2 COMPARABLE
5 BASED ON A
N.A. - NOT
_

_

ALL

1

JAN

FEB

109.9

110.1

106.9

109.3

68.4

68.9

69.6

69.6

69.0

39.2

40.9

40.2

40.5

4.4

4.6

4.6

9

9

341
123.7

107.6

1974

MAR

APR

109. 1

102.2

102.8

69.0

68.9

69. 1

69.4

37.9

40.3

40.2

33. 1

33.4

3.8

5. 1

5.1

4.8

5.5

5.3

9

9

9

9

9

9

9

353
126.5

366
132. 1

398
142.7

421
153.0

423
152.5

416
152.1

425
154.3

N. A.
N. A.

498
121.5

497
120.8

502
124.1

539
131.7

556
135.5

560
133.8

553
136.4

554
136.2

N. A.
N. A.

7.5
123.6

7.6
127.4

7.8
128. 1

8.3
136.6

9. 1
153.3

9.3
141.3

7.9
153.8

10. 1
164.8

10.4
172.2

ON NEW AREA DEFINITION; INCLUDES GIBSON AND POSEY COUNTIES,
DATA NOT AVAILABLE.
SAMPLING OF MEMBER AND NONMEMBER BANKS.
AVAILABLE

INDEXES:




109.8

1974

ACTIVITY

NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS ll
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

LL

IV

II

11

PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX LiNONMANUFACTUR1NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX l1
MANUFACTUR1NG EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX ll
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE ll
BANKING

1973

III

1

1971-100

26

INDIANA.

EVANSVILLE
INDIANA- KENTUCKY
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MARCH 1974
EVANSVILLE
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS

1972

1973

1974

1972

1973

U.S.

+24.1

+ 14.9

+ 11.3

+9.6
+24.6

+29.7

1974

TOTAL BANK DEPOSITS

CHECK PAYMENTS

1971-100

1971-100

160
PERCENT

UNEMPLOYMENT RATE

PERCENT
10

150
140
130
120
110

100
1972
EVANSVILLE




1974

1973

U.S.

90

iiiiiitiiii .. i.. i.. i.. .. i.. i.. i..
1972

1973

1974

ALL OATA ARE SEASONALLY ADJUSTED

27

1972

1973

1974

PREPARED SY FEDERAL RESERVE DANK OF S T . LOUIS

SPRINGFIELD MISSOURI
ME T R OP OL I T A N AREA
1973

III

IV

1974
1

JAN

FEB

69.5

69.4

71.1

69.6

69.3

69.7

69.8

70.2

48.6

49.9

49.7

51 .2

49.9

49.4

50.0

50.2

50.6

19. 1

19.6

19.7

19.9

19.7

19.9

19.7

19.6

19.6

2.9

2.7

2.4

2.4

2.8

3.0

2.9

2.5

2. 1

4

4

4

4

4

4

4

4

4

129
137.0

139
143.7

145
149.2

145
151.3

149
158.0

153
160.0

146
156.3

149
157.8

N.A.
N.A.

180
122.5

188
126.7

193
129.0

201
133.6

205
139.3

210
140. 1

202
138.6

204
139. 1

N.A.
N.A.

6.3
123.8

6.5
128.2

7.0
135.6

7.3
142.2

7.2
142.3

7.7
137.0

6.5
141.5

7.3
148.3

7.9
151.1

1

II

67.7

1974
MAR

APR

MANPOWER U T I L I Z A T I O N 11
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX ll
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX ll
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX 1
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE ll

BANKING 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 ll
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
H
li

DATA BASED ON NEW AREA DEFINITION;
COMPARABLE DATA NOT AVAILABLE.

NCLUDES CHRIST IAN COUNTY, 1rfISSOU *1 .

BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100



28

SPRI NGFI ELD
MISSOURI
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971-100
200
190

PERCENTAGE CHANGE

180

SEASONALLY ADJUSTED INDEX

170

YEAR END INC

160

MARCH 1974
SPRINGFIELD

150
140

U.S.

1-13.2

130

TOTAL LOANS
TOTAL DEPOSITS

+ 14.9

+ 12.4

+9.6

120

CHECK PAYMENTS

+ 18. 1

+24.6

110
100
1972
1973

1972

1974

1973

1974

90

TOTAL BANK DEPOSITS
170

PERCENT

UNEMPLOYMENT RATE

PERCENT
10

1972
SP RI NG FI ELD

1973
-




1974
U.S

1972

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

29

160

1971-100
220

150

200

140

180

130

160

120

140

110

120

100

100

90

80

CHECK PAYMENTS

1972

1973

1971-100

1974

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

FORT S M I T H , ARKANSAS- OKLAHOMA
M E T R OP OL 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
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
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS LL
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
II BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




30

FORT SMI TH
ARKANSAS-OKLAHOMA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971-100

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1974
FORT SMITH
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *

♦ 16.7
♦ 10.4

TOTAL DEPOSITS *
CHECK PAYMENTS *
*

1972

1973

1974

1972

1973

♦4.9

♦ 13.4

U.S.
♦2.5
♦ 14.9
♦9.6
♦24.6

YEAR ENDING MARCH

1974

TOTAL BANK DEPOSITS

CHECK PAYMENTS
160

PERCENT

UNEMPLOYMENT RATE

150

PERCENT

140
130

120
110
100
1972
FORT SMI TH



1973

1974
U. S.

1972

1973

1974

A U DATA ARE SEASONALLY ADJUSTED

31

90

1972

1973

1974

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

P I N E BLUFF ARKANSAS
ME T R OP OL I T A N AREA
1973

III

IV

1974
1

JAN

FEB

25.8
106.0

25.8
105.3

26.0
105.5

25.9
107.3

25.6
106. 1

25.9
108. 1

26. 1
107.6

26. 1
106.5

19.6
105.7

19.5
104.1

19.4
103.3

19.7
103.0

19.5
105.3

19.3
104. 1

19.6
106.0

19.7
105.9

19.6
104.4

6.1
109.5

6.3
112.2

6.4
112.1

6.4
113.6

6.4
113.7

6.3
112.8

6.4
114.9

6.4
113.4

6.4
113.4

1.3
3.9

1.4
4.0

1.3
4.0

1. 1
3.9

1.4
4.4

1.4
4.4

1.4
4.3

1.4
4.5

1.4
4.6

4

4

4

4

4

4

4

4

4

132
131.6

132
133.4

133
136.7

158
157.4

170
169.1

166
164.7

171
170.6

173
171.9

N.A.
N.A.

186
123.9

184
124.7

186
127.3

207
135.0

217
144. 1

218
142.3

217
144.6

215
145.3

N.A.
N.A.

2.2
126.0

1.9
119.2

2.1
126.6

2.8
141.6

2.7
154.5

3.5
155.2

2. 1

161.7

2.4
146.5

2.6
150.3

1

II

25.8
106.6

1974
MAR

APR

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
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTSLL
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

ll BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




32

P I N E BLUFF
ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971-100

PERCENTAGE CHANGE
SE A SO N A L L Y ADJUSTED

INDEX
YEAR ENDING
A P R IL

1974

P I N E BLUFF
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *

*

1972

1973

1972

1974

1973

UNEMPLOYMENT RATE

+0.8

+2.5

+31.6

+ 1 4 .9

TOTAL D E P O S IT S *

+ 18.3

+9.6

CHECK PAYMENTS *

+ 18.3

+24.6

YEAR ENDIN G MARCH

1974

TOTAL BANK DEPOSITS

PERCENT

U.S.

CHECK PAYMENTS

1971-100

1971-100
220
200

PERCENT
10

180
160
140
120
100

1972
P I N E BLUFF




1973

1974
U.S.

1972

1973

1974

ALL DATA ARE SEASONALLY ADJUSTEO

33

1972

1973

1974

80

PREPAREO BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS IN TEN M EDIUM -SIZE C IT IE S

MILLIONS OF DOLLARS

1/

SEASONALLY ADJUSTED INDEX
1971 = 100

2/

MAR 1974
:

FEB 1974

JAN 1974

MAR 1973

160

184 .7

182.6

176.0

158.8

37

157 .3

148.6

134.4

117.3

TEXARKANA SMSA, ARK.

162

136 .1

134.2

130.5

126.1

QUINCY, ILL.

176

158 .2

163.0

158.0

126.4

OWENSBORO, KY.

182

148 .7

142.2

139.4

117.7

PADUCAH, KY.

123

143 .3

141.9

140.6

124.5

GREENVILLE, MISS.

113

159 .4

156.6

149.1

129.8

CAPE GIRARDEAU, MO.

102

159 .4

155.1

147.1

139.9

HANNIBAL, MO.

35

149 .9

146.6

144.5

128.7

JACKSON, TENN.

130

155 .1

154.6

155.8

135.0

MAR 1974

EL DORADO, ARK.
HELENA, ARK.

$

1/

DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND U .S. GOVERNMENT ACCOUNTS.

2/

THREE-MONTH MOVING AVERAGES.




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

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