View PDF

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

SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
3RD QUARTER 1974
STATE ACTIVITY

SUMMARY DISCUSSION poge 3

METROPOLITAN AREA ACTIVITY

page

page

page

SUMMARY

4

SUMMARY

16 EVANSVILLE

26

ARKANSAS

6

ST. LOUIS

18 SPRINGFIELD, MO

28

KENTUCKY

8

LOUISVILLE

20

MISSISSIPPI

10

MEMPHIS

22 PINE BLUFF

MISSOURI

12

LITTLE ROCK

24

TENNESSEE

14




FORT SMITH

30
32

CHECK PAYMENTS 10 OTHER CITIES
page 34

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

THE

Selected economic data are provided for five
states, seven Standard and one Nonstandard Metropoli­
tan Statistical Areas which are entirely or partially
within the Eighth Federal Reserve District. Also
included 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. The Forth
Smith SMSA data cover only those counties within the
Eighth Federal Reserve District.

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.

Check payments are debits to demand deposit ac­
counts, 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.

Manpower Utilization
Basic employment data are from the respective
State Employment Security Office and the United
States Department of Labor. All manpower data for
metropolitan areas are based on the redefinition of
SMSA areas announced in late April 1973, except for
Memphis which is a Nonstandard Metropolitan Statisti­
cal Area. Memphis data include Shelby and Tipton
Counties in Tennessee and Crittenden County, Arkansas,
but exclude De Soto County, Mississippi.

All banking data remain on the Standard Metro­
politan Statistical Area definitions prior to the
April 1973 announcement.
Income
State personal income figures are annual rates
of monthly figures published by Business Week. United
States data are from the Department of Commerce.

Total employment and unemployment series are
household (place-of-residence) data; payroll employ­
ment, nonmanufacturing and manufacturing employment
are establishment (place-of-work) data.

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

Following two years of relatively rapid
expansion, growth of total employment in the Central
Mississippi Valley has slowed this year. Summary
measures for both the CMV states and SMSAs have
registered some decline in total employment since
late 1973.
The state summary of payroll employment,
however, has again turned up in the third quarter
after a small decline in the second quarter of this
year.
So far this year manufacturing employ­
ment has shown more weakness than nonmanufacturing
employment.
Except for the second quarter, non­
manufacturing employment has continued to rise in
the five state area. However, manufacturing employ­
ment has declined this year in all CMV states and
SMSAs except Fort Smith and Memphis. Compared with
the U.S., cutbacks in manufacturing employment for
the five CMV states have been somewhat more severe
than for the nation as a whole, while the growth
of nonmanufacturing employment in the five states
has been about the same as in the nation.
Accompanying a relatively static employ­
ment situation in the Region has been some moderate
increase in the unemployment rate. The unemploy­
ment rate for the five CMV states averaged 4.4
percent in the third quarter compared with 4.1
percent in the previous quarter. The third quarter
rate was still well below the U.S. unemployment
rate of 5.5 percent.




ECONOMIC ACTIVITY

EMPLOYMENT
Compounded Annual Rates of Change
of Quarterly Data
Total
Employment

Manufacturing
Employment

4/71
to
4/73

4/73
to
3/74

4/71
to
4/73

U.S.

3.5

1.1

4.1

Arkansas
Kentucky
Mississippi
Missouri
Tennessee

5.2
4.3
5.5
1.0
5.8

-2.2
0.8
-0.5
-2.1
-0.2

State Summary

4.0

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

3

Nonmanuf ac turing
Employment
4/71
to
4/73

4/73
to
3/74

-1.3

3.6

1.7

8.2
6.9
6.3
3.2
6.3

-2.5
-1.0
-2.2
-3.7
-3.4

5.2
5.3
6.7
2.9
6.6

1.3
0.9
1.5
1.8
1.5

-0.8

5.8

-2.8

5.0

1.4

2.0
4.4
4.5
6.7
6.0
5.1
4.9
1.5

-3.0
0.3
-1.4
1.8
-2.4
0.3
3.6
0.9

0.8
4.1
4.1
8.0
7.8
7.4
7.9
6.2

-5.8
-0.9
0.2
-1.6
-8.8
-28.2
8.6
-3.0

1.0
5.1
5.3
7.1
3.5
5.1
4.0
0.8

-3.4
0.9
-1.9
3.2
-0.3
1.6
1.1
3.7

3.5

-1.4

3.2

-4.4

3.3

-1.5

4/73
to
3/74

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

VALLEY STATE SUMMARY
1974
I I

I I I

JU L

1974
AUG

SEP

109.7
108.5

109.1
108.7

108.9
109.2

108.6
109. 1

109.3
109.0

108.8
109.4

112.2
106.4

113.0
108.6

112.1
109. 1

112.4
109. 1

111.9
109. 1

112.6
109.2

112.6
109.2

110.6
107.2

111.7
108.4

113.0
108.9

112.3
109.5

112.9
109.7

112.4
109.5

113.1
109.9

113.3
109.7

112.4
107.2

113.4
108.3

113.1
107.6

111.7
107.6

111.0
107.2

110.9
107.4

111.3
106.9

110.9
107.4

3.7
4.7

3.7
4.7

4.0
5.2

4. 1
5. 1

4.4
5.5

4.5
5.3

4.2
5.4

4.5
5.8

128.4
123.6

135.2
127.2

133.8
128.8

137.6
131.3

N. A.
134.9

137.4
134. 1

N. A.
134.9

N. A.
135.9

168.4
175.3

178.5
185. 1

179.0
181.9

147.8
152.5

N. A.
N. A.

148.6
180.4

153.9
169.9

N. A.
N. A.

111

IV

108.6
107.2

109.6
108.3

111.2
107.2

MANPOWER UTI LI ZATI ON
TOTAL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
PAYROLL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. STATES
UNITED STATES

INCOME
PERSONAL INCOME INDEX
C.M.V. STATES
UNITED STATES
FARM CASH R E C E IP T S INDEX
C.M.V. STATES
UNITED STATES

N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

4

MWSMTsIW rV
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
STATE
SUMMARY
TOTAL PAYROLL EMPLOYMENT

+1.6

NONMANUFACTURING

+2.2

+2.0

MANUFACTURING

-1.5

+0.0

-0-

♦1.7

+8.7

+9.7

TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME #
*

130

U .S .

+1.1

YEAR ENDING JULY

125
120

100

PERSONAL

INCOME

115

120

1971 -100
160

110

115

155

105

110

150

100

105

145

95

100

140

95

135

MANUFACTURING EMPLOYMENT

1971-100

130
125
120
115

110
105

100
95

C.M.V. STATES ■




U.S

ALL DATA ARE SEASONALLY ADJUSTED

5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
1973
III

IV

1

1974
11

111

JU L

1974
AUG

SEP

818.6
112.1

792.9
113.4

764.8
112.6

804.3
111.8

814.0
111.5

818.5
1 1 1M

817.7
111.5

805.7
111.6

631.5
113.4

631.7
115.1

623.6
115.8

635.5
115.1

641.3
115.2

640.7
115.0

643.7
115.0

639.5
115.6

427.5
111.6

426.4
112.9

420.8
113.6

430.4
113.5

436.5
114.0

435.6
113.5

437.9
113.8

436. 1
114.9

204.0
117.3

205.3
120. 1

202.6
120.3

205. 1
116.6

204.6
117.8

205. 1
118.2

205.8
117.9

203.4
117.2

31.7
4.0

37.8
4.3

39. 1
4.5

36.6
4.8

42.8
4.9

37.6
4.7

35.5
4.9

MANPOWER UTI LI ZATI ON
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

33.0
4. 1

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH R E C E IP T S
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N. A.
ALL

7,888
134.0

9,352
146. 1

7,840
137.8

8,144
141.7

N. A.
N. A.

8,292
141.1

N. A.
N. A.

N. A.
N. A.

1,612
187.9

5,218
209.0

1,298
183.2

1,120
154.6

N. A.
N. A.

1,121
153. 1

1,140
149.3

N. A.
N. A.

- NOT AVAILABLE
INDEXES:




1971-100

6

ARKANSAS
1971-100

PAYROLL EMPLOYMENT

1971-100
130

PERCENTAGE CHANGE

125

SEASONALLY ADJUSTED INDEX

120

YEAR ENDING

115

SEPTEMBER 1974

110

ARKANSAS
+1.6

♦1.6

NONMANUFACTURING

♦2.7

♦2.0

MANUFACTURING

-0.9

♦0.0

TOTAL PAYROLL EMPLOYMENT

105
100
95

NONMANUFACTURING EMPLOYMENT

TOTAL EMPLOYMENT

-0.6

♦1.7

PERSONAL INCOME *

♦7.9

♦9.7

X

130

U .S .

YEAR ENDING JULY

125
120

1971-100




U.S.

INCOME

115

1971 -100
165

110

160

105

155

100

150

95

145

MANUFACTURING EMPLOYMENT

ARKANSAS

PERSONAL

140
150

135

140

130

130

125

120

120

110

115

100

110

90

105

60

100
ALL DATA ARE SEASONALLY ADJUSTED

7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
1973

1974
AUG

1974
11

111

1271.2
111.3

1319.0
110.7

1331.4
110.7

1321.2
110.5

1328.9
110.4

1344.2
1I 1.0

1059.7
113.1

1049.8
114.8

1063.3
113.5

1062.2
113.4

1061.9
113.9

1058.8
113.4

1066.0
113.0

761.8
111.1

769.2
112.4

760.3
114.1

775.0
113.1

775.4
113.1

775.5
113.5

772.4
113.1

778.2
112.8

266.2
114.7

290.4
115.1

289.5
116.5

288.3
114.7

286.9
114.2

286.4
114.9

286.4
114.2

287.6
113.7

59.0
4.4

55.6
4.4

66. 1
4.7

66.4
4.7

65.7
4.8

71.6
4.7

64.5
4.7

60.9
5.0

13,708
128.6

14,764
132.7

14,216 14,572
134. 1 137.1

N. A.
N. A.

14,628
137.5

N. A.
N. A.

N. A.
N. A.

1,034
156.5

2,294
150.5

N. A.
N. A.

940
160.0

991
147.8

N. A.
N. A.

111

IV

1309.2
108.6

1315.2
110.0

1050.0
112.1

1

JU L

SEP

MANPOWER UTI LI ZATI ON
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 R E C E IP T S
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N. A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

8

1,744
221.4

820
159.2

KENTUCKY
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
KENTUCKY

U .S .

+1. 1

♦1.6

NONMANUFACTURING

♦1.7

♦2.0

MANUFACTURING

TOTAL PAYROLL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

-0.8

♦0.0

TOTAL EMPLOYMENT

♦2.0

♦1.7

PERSONAL INCOME *

♦9.6

♦9.7

*

130

YEAR ENDING JULY

125
120

1971-100
120

1971- •100
160

110

115

155

105

110

150

100

105

145

95

100

140

95

135

130
125

130
PERCENT

UNEMPLOYMENT RATE

120




U.S.

INCOME

115

MANUFACTURING EMPLOYMENT

KENTUCKY

PERSONAL

PERCENT
10

125

120

115

115

110

110

105

105

100

100

95

95
ALL IATA ARE SEASONALLY ADJUSTED

9

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSISSIPPI
III

IV

1

1974
11

1 11

JU L

1974
AUG

SEP

886.6
112.2

889.0
113.9

858.8
113.3

889.4
113.5

896.7
113i 5

893.2
113.5

892.9
113.6

904. 1
113.3

680.8
114.3

693.3
116.0

682.2
116.5

690.4
116.2

692.7
116.3

686.3
116.0

689.6
116.0

700. 1
116.9

461.7
113.9

472.7
115.9

464.9
116.7

473.3
116.8

475. 1
117.2

469.9
116.5

471.6
116.9

483.7
118.3

219. 1
115.2

220.6
116.3

217.3
116.0

217.1
114.9

217.6
114.4

218.4
115.1

218.0
114.1

216.4
114.1

34.5
3.7

30.0
3.6

33. 1
3.8

36. 1
3.7

38.4
4. 1

42.5
4.0

7,976
130.9

9,368
140.4

8,472
139.2

8,492
141.3

N. A.
N. A.

1,055
157.1

3,005
174.0

1,488
167.5

801
131.3

N. A.
N. A.

1973

MANPOWER UTI LI ZATI ON
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

37.8
4. 1

34.9
4. 1

6,520
140.3

N. A.
N. A.

N. A.
N.A.

808
122.5

787
132.5

N. A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH R E C E IP T S
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

10

M ISSISSIPPI
PAYROLL EMPLOYMENT
130

PERCENTAGE CHANGE

125

SEASONALLY ADJUSTED INDEX

120

YEAR ENDING

115

SEPTEMBER 1974
M IS S IS S IP P I

110

TOTAL PAYROLL EMPLOYMENT

105

NONMANUFACTURING EMPLOYMENT

NONMANUFACTURING

+2.9

+2.0

-1.4

+0.0

TOTAL EMPLOYMENT

+0.2

+1.7

PERSONAL INCOME *

+9.3

+9.7

*

130

U .S .
+1.6

MANUFACTURING

100
95

+1.6

YEAR ENDING JULY

125
120

1971-100

TOTAL EMPLOYMENT

1971-100

1971-100

PERSONAL

INCOME

1971-100

115

110
105

100
95

MANUFACTURING EMPLOYMENT
130
125
120
115

110
105

100
95

MISSISSIPPI




U.S.

ALL DATA ARE SEASONALLY ADJUSTED

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MISSOURI
1973
III

IV

1

1974
11

1 11

JU L

1974
AUG

SEP

MANPOWER UTI LI ZATI ON
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

1957.2 1931.0
102. 1 102.5

1866.1
102.5

1934. 1 1933.2
101.8
100.9

1921.9
100.0

1933.7
101.8

1944.1
100.9

1761.2
106.2

1774.1
106.5

1750.1
107.4

1773.2
106.6

1770.5
106.6

1752.1
105.6

1772.2
107.4

1787.2
107.3

1305.1
106.2

1317.2
106.4

1298.8
107.7

1321.2
106.9

1325.0
107.8

1312.0
106.7

1324.2
108.4

1336.9
108.4

456.2
106.2

456.8
106.7

451.2
106.7

452.0
105.8

445.5
103.7

440. 1
102.5

448.0
104.4

448.3
104.2

73.7
3.7

66.8
3.9

90.8
4.3

91.8
4.3

66.4
4.3

93.0
4.3

84.5
4. 1

81.8
4.6

23,132 24,912 23,780 24,512
125.5
133.5
132.3
130.0

N.A.
N.A.

24,516
131.9

N.A.
N.A.

N.A.
N.A.

N.A.
N.A.

2,393
170.5

2,075
146.2

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH R E C E IP T S
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A.
ALL

2,507
167.4

4,233
179.6

- NOT AVAILABLE
INDEXES:




1971-100

12

2,570
171.0

1,833
144.8

MISSOURI
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
MISSOURI

U .S .

♦1.2

+1.6

TOTAL PAYROLL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

NONMANUFACTURING

+2.0

+2.0

MANUFACTURING

-1.3

+0.0

TOTAL EMPLOYMENT

-0.9

+1.7

PERSONAL INCOME *

+6.2

49.7

*

112

YEAR ENDING JULY

110
108

1971-100

TOTAL EMPLOYMENT

106

1971-100
120

104

115

102

110

100

105

98

100

MANUFACTURING EMPLOYMENT




u.s

INCOME

95

percen t

MISSOURI

PERSONAL

UNEMPLOYMENT RATE

ALL DATA ARE SEASONALLY ADJUSTED

13

perc en t

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TENNESSEE
1973
III

IV

1

1974
11

1 11

JU L

1974
AUG

SEP

MANPOWER UTI LI ZATI ON
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

1779.7
112.9

1789.2
114.0

1730.3
114.0

1777.6
113.4

1793.3
113.8

1793.0
113.9

1798.7
114.2

1788.1
113.3

1559.0
114.2

1577.9
115.6

1550.2
116.2

1567.8
115.2

1575.9
115.5

1571.6
1 15.4

1580.6
115.6

1575.5
115.3

1031.4
114.4

1047.7
116.1

1032.6
117.6

1053.2
116.6

1057.8
117.3

1056.7
117.3

1059.2
117.5

1057.5
117.2

527.5
113.8

530.2
114.8

517.6
113.5

514.7
111.9

518. 1
111.9

514.9
111.5

521.4
112.4

518.0
111.7

56.2
3. 1

50.8
3.0

63.6
3.4

69.6
3.5

76.7
4.2

91.4
4.5

71.3
4.0

67.4
4. 1

16,968
128.5

17,968
134.0

17,688
135.0

18,392
140.0

N.A.
N.A.

18,826
142.3

N.A.
N.A.

N.A.
N.A.

974
170.4

2,020
166.4

984
168.7

737
148.5

N.A.
N.A.

761
139.6

925
165.0

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH R E C E I P T S
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

14

TENNESSEE
PAYROLL EMPLOYMENT
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
TENNESSEE
4-0.6

♦1.6

NONMANUFACTURING

+2.0

♦2.0

MANUFACTURING

-2.2

♦0.0

-0. 1

♦1.7

+ 11.6

♦9.7

TOTAL PAYROLL EMPLOYMENT

TOTAL EMPLOYMENT

NONMANUFACTURING EMPLOYMENT

PERSONAL INCOME
*

130

U .S .

*

YEAR ENDING JULY

125
120

TOTAL EMPLOYMENT

115

1971-100
120

110

115

105

110

100

105

95

100

1971-100

MANUFACTURING EMPLOYMENT

PERSONAL

INCOME

95
130
125
120
115

110
105

100
95

TENNESSEE — -




U.S.

ALL DATA ARE SEASONALLY ADJUSTED

15

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EIGHT CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS
1973
III

IV

1

1974
II

106.9
107.2

107.8
108.4

108.2
108.6

106. 1
109. 1

JU L

1974
AUG

SEP

105.9
109. 1

105.9
109. 1

105.8
109.2

106. 1
109.2

III

MANPOWER UTI LI ZATI ON
PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. AREAS
UNITED STATES

1

107.0
107.2

108.2
108.4

108.9
106.9

106.8
109.5

107.0
109.7

106.9
109.5

107.1
109.9

107.0
109.7

106.6
107.2

106.8
108.3

106.4
107.6

104.2
107.6

103.2
107.2

103.4
107.4

102.5
106.9

103.7
107.4

4.5
5.2

4.7
5. 1

5.0
5.5

5. 1
5.3

4.9
5.4

5.0
5.6

i

4.3
4.7

4.3 1!
|
4.7 i

BANKING ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS INDEX
C.M.V. AREAS
UNITED STATES
MEMBER BANK D E P O S IT S INDEX
C.M.V. AREAS
UNITED STATES
CHECK PAYMENTS INDEX *
C.M.V. AREAS
UNITED STATES

99

99

100

101

103

102

102

103

134.9
140.9

139.9
144.8

149.3
149.5

153.7
155.8

156.3
161.3

154.4
160.3

157.5
161.5

156.9
162.0

117.6
125. 1

119.6
127.2

120.9
129.7

124.3
134.5

127.3
137.3

126.4
136.2

127.7
137.6

127.8
138.2

148.5
154.5

154.4
162.2

159.6
170.2

168.4
178.3

179.7
N. A.

176.4
163.2

179.8
166.4

183.0
N. A.

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

- NOT AVAILABLE
INDEXES:




1971-100

16

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

PAYROLL EMPLOYMENT

TOTAL BANK LOANS

1971 -100
120

1971«
210

116

200

116

190

114

160

112

170

SEPTEMBER 1974

110

160

SUMMARY

108

150

TOTAL PAYROLL EMPLOYMENT

106

140

TOTAL LOANS

104

130

TOTAL DEPOSITS

102

120

100

110

98
96

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING

CHECK PAYMENTS X
X

U .S .

-0.9

+1.6

+15.2

+13.7

+6.2

+9.6

+19.4

+20.6

YEAR ENDING AUGUST

100
- L I - 1 1 J 1 1 i 1 l- i.

1 l l l . i l .11 I

1972

i l

.1 1 1 1 1 1

1973

11111

l.

1972

1974

1973

1974

TOTAL BANK D E P O S IT S

90

CHECK PAYMENTS

1971-100

1971-100

220
PERCENT

UNEMPLOYMENT RATE

200

PERCENT
10

160
160
140
120
100
1972

C.M.V. AREAS




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

17

1972

1973

1974

60

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ST. LOUIS, MISSOURI - ILLI NO IS
METROPOLITAN AREA
MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

18

ST. LOUIS
MISSOURI-ILLINOIS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS
1971-100

1972

1973

1974

200

114

190

112

180

110

170

108

160

106

150

104

140

TOTAL PAYROLL EMPLOYMENT

-1.9

+1.6

102

130

TOTAL LOANS

+19.1

♦13.7

100

120

TOTAL DEPOSITS

+17.3

+9.6

CHECK PAYMENTS *

+19.4

+20.6

98

110

96

100

94

90

92

1972

1973

1974

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




1971 -100

116

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
ST. LOUIS

*

U .S .

YEAR ENDIN6 AUGUST

80

CHECK PAYMENTS

1971-100

1971-100
220
200

PERCENT

10

180
160
140
120

100
1974

1972

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

19

1972

1973

1974

80

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LOUI SVILLE, KENTUCKY-INDIANA
METROPOLITAN AREA
1973
III

IV

1

1974
II

III

JU L

1974
AUG

SEP

366.4
110.6

367.0
110.6

363.2
111.7

369. 1
111.4

369.4
111.0

372.3
111.7

366.7
110.4

369.2
1 1I .0

250. 1
110.6

249.7
111.6

243.3
111.4

250.0
111.4

253.7
112.4

254.7
112.5

254.5
112.6

252.0
111.9

116.3
110.7

117.3
106.9

119.9
112.3

119.1
111.6

115.7
108.2

117.6
110.0

112.2
105.6

117.2
109.0

14.5
3.6

13.4
3.9

14.4
3.6

16.2
3.9

17.6
4.3

17.9
4.2

18.6
4.4

16. 1
4.3

6

6

6

6

6

8

6

6

1,395
140. 1

1,552
151.7

1,664
164.9

1,679
167.0

1,724
173.3

1,690
167.3

1,716
173.9

1,764
178.6

1,709
1 16.3

1,797
120.3

1,635
123.3

1,686
127.1

1,941
132.1

1,923
126.9

1,921
132.0

1,979
135.5

41.6
132.1

46.6
140. 1

47.9
152.5

51.7
160.7

54.5
169.3

56.6
167.0

54. 1
166. 1

52.9
172.7

MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILL IO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED

ON A SAMPLING

N.A.

- NOT AVAILABLE

ALL

INDEXES:




OF MEMBER AND NONMEMBER BANKS.

1971-100

20

LOUISVILLE
KENTUCKY- I NDI ANA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
LO U ISV ILLE
TOTAL PAYROLL EMPLOYMENT

+23.6

TOTAL DEPOSITS

+15.6

+9.6

+27.7

+20.6

CHECK PAYMENTS *

1973

1972

1974

1973

+1.6

TOTAL LOANS

*

1972

-0. 1

U .S .

+13.7

YEAR ENDING AUGUST

1974

TOTAL BANK D E P O S IT S

CHECK PAYMENTS

1971-100

1971-100

220
PERCENT

UNEMPLOYMENT RATE

200

PERCENT
10

180
160
140
120

100
1972

LOUISVILLE




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

21

1972

1973

1974

80

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MEMPHIS, TENNESSEE-ARKANSAS
METROPOLITAN AREA
MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
B ILLIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

22

MFMPHIS
TENNESSEE-ARKANSAS
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

1971-100

1971-100

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
MEMPHIS
TOTAL PAYROLL EMPLOYMENT

-1.1

4-1.6

TOTAL LOANS

4-1.9

♦13.7

TOTAL DEPOSITS

-14. 1

♦9.6

CHECK PAYMENTS *

4-13.9

♦20.6

*

1972

1973

1972

1974

1973

UNEMPLOYMENT RATE

YEAR END 1N6 AUGUST

1974

TOTAL BANK D EPOSITS

PERCENT

U .S .

CHECK PAYMENTS

1971-100

1971-100
250
225

PERCENT
10

200
175
150
125

100
1972

MEMPHIS




1973

U.S.

1974

1972

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

23

1972

1973

1974

75

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LITTLE ROCK,

NORTH LITTLE ROCK, ARKANSAS
METROPOLITAN AREA

MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIO N S 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

LI TTLE ROCK
NORTH LI TTLE ROCK, ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

TOTAL BANK LOANS

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
LIT T LE ROCK
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS
TOTAL DEPOSITS
CHECK PAYMENTS *
*

1972

1973

1972

1974

1973

UNEMPLOYMENT RATE

♦2.5

♦1.6

♦11.9

♦13.7

♦8.6

♦9.6

♦23.0

♦20.6

YEAR ENDING AU6UST

1974

TOTAL BANK D E P O S IT S

PERCENT

U .S .

CHECK PAYMENTS

1971-100

1971-100
220
200

PERCENT
10

180
160
140
120

100
1972

LITTLE ROCK




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

25

1972

1973

1974

80

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

EVANSVILLE, INDIANA-KENTUCKY
METROPOLITAN AREA
MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILL IO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED
NDEX

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

- NOT AVAILABLE
INDEXES:




1971-100

26

E VA NS V I L L E
INDI ANA-KENTUCKY
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT
1971-100

1971 >100
122

1971-100

1971-100

120

PERCENTAGE CHANGE

113

SEASONALLY ADJUSTED INDEX
YEAR ENDING

116

SEPTEMBER 1974

114
112

r

110

108
/

106

/ V

104

s

EVANSVILLE
\

t

TOTAL PAYROLL EMPLOYMENT

■r~f \
1]
T

102

U .S .

+0.4

+1.6

TOTAL LOANS

+18.1

+13.7

TOTAL DEPOSITS

+12.7

+9.6

CHECK PAYMENTS *

+26.4

+20.6

X

YEAR END INC AUGUST

100
98

11111111 Li i 111111i i l.i.i. 111 M I .M l i-L1973
1974
1972

1972

1973

1974

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1971-100
220

1971-100
220

PERCENT
10

1972

EVANSVILLE




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

27

1972

1973

1974

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

SPRINGFIELD MISSOURI
METROPOLITAN AREA
973
IV

1

1974
II

III

JU L

1974
AUG

SEP

71.1
114.2

69.6
114.8

70.7
114.4

66.7
108.2

66.4
108.2

66.7
108.3

67.0
108.0

49.7
51.2
111.0> 112.8

49.9
113.1

51.3
113.5

51.1
114.2

50.7
113.7

50.6
113.6

52.0
115.2

19.7
116.5

19.9
118.1

19.7
119.4

19.4
116.9

15.6
92.1

15.7
93.4

16. 1
94.2

15.0
88.7

2.4
3. 1

2.4
3.2

2.8
2.9

2.7
2.9

2.6
3.3

2.5
3. 1

2.7
3.4

2.6
3.5

4

4

4

4

4

4

4

4

145
149.2

145
151.3

149
158.0

156
162.1

164
169.2

161
164.7

165
169.6

167
173.3

193
129.0

201
133.6

205
139.3

207
139. 1

212
141.7

209
139.4

214
142.9

214
142.7

7.0
135.6

7.3
142.2

7.2
142.3

7.5
148.4

7.4
140.6

8. 1
142.1

7.2
141.4

6.9
138.4

MANPOWER UTI LI ZATI ON
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

69.4
112.5i

BANKING ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
B ILLIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* 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

1971-100

1971-100

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1974
S P R 1NGF1ELD
-4.6

+1.6

TOTAL LOANS

+15.0

+13.7

TOTAL DEPOSITS

+10.2

+9.6

+5.6

+20.6

TOTAL PAYROLL EMPLOYMENT

CHECK PAYMENTS *
X

1972
1972

1973

1973

U .S .

YEAR ENDING AUGUST

1974

1974

TOTAL BANK D E P O S IT S

PERCENT

UNEMPLOYMENT RATE

PERCENT

1972

SPRINGFIELD




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

29

1972

1973

1974

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT SMITH, ARKANSAS-OKLAHOMA
METROPOLITAN AREA
MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S IT S
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
B ILLIO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED
NDEX

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

- NOT AVAILABLE
INDEXES:




1971-100

30

FORT SMITH
ARKANSAS-OKLAHOMA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971

TOTAL BANK LOANS

1971 -100

-100

200

200

190

190

180

180

170

170

1973

150

150

140

140

TOTAL PAYROLL EMPLOYMENT

130

130

TOTAL LOANS

120

120

TOTAL DEPOSITS

110

110

100

100

UNEMPLOYMENT RATE

i-L.I i

l-l-A.I ■4 I.I..I 1

1972

11 I.J 1 L

1973

l.l 1.1.1 1.1 1

1974

PERCENT

1972

FORT SMITH



U.S.

U .S .

FORT SMITH

CHECK PAYMENTS *
*

+4.9

+1.6

+11.6

+13.7

+9.2

+9.6

+11.6

+20.6

YEAR ENDING AUGUST

90
-IJ-1

TOTAL BANK DEPOSITS

PERCENT

YEAR ENDING
SEPTEMBER 1974

160

60

1974

SEASONALLY ADJUSTED INDEX

160

90
1972

PERCENTAGE CHANGE

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

31

11 I..

80

CHECK PAYMENTS

1971-100
220

1971-100
220

200

200

180

180

160

160

140

140

120

120

100

100

80

i i 1 i i.J n

1972

J 11

M 1 1 11

1973

1 1 1 I - l I 1. i .1 1 1

1974

80

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

PINE BLUFF ARKANSAS
METROPOLITAN AREA
MANPOWER UTI LI ZATI ON
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 ACTI VI TY
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILL IO N S OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A.
ALL

- NOT AVAILABLE
INDEXES:




1971-100

32

PINE BLUFF
ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT
1971 -100

1971-

TOTAL BANK LOANS

120
116

PERCENTAGE CHANGE

116

SEASONALLY AOJUSTED INDEX
YEAR ENDING

114

SEPTEMBER 1974

112

110

PIN E BLUFF

108

v

v

104
102

+1.6

+1o6

TOTAL LOANS

+18.8

+13.7

TOTAL DEPOSITS

+14.2

+9.6

CHECK PAYMENTS *

+17.1

+20.6

TOTAL PAYROLL EMPLOYMENT

106

r -y ^

.....

U .S .

*

YEAR ENDING AUGUST

100
96
96

111111 1 1 11 1

11l i

1972

l

! 1 1 1 L i . 1 1 1 11 1 1 1 1 1 1-

1973

1972

1974

1973

1974

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

CHECK PAYMENTS

1971-100

1971-100
220
200

PERCENT

180
160
140
120

100
1972

PINE BLUFF




U.S.

1973

1974

ALL DATA ARE SEASONALLY ADJUSTED

33

1972

1973

1974

80

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS

M IL L IO N S

$

H ELEN A , ARK.
TEXARKANA SMSA,
Q U IN C Y,

ARK.

IL L .

OWENSBORO,
PADUCAH,

KY.

KY.

G R E E N V IL L E ,

M IS S .

CAPE G IR A RD EA U ,
H AN N IBAL,
JAC KSO N ,

1/ D E B IT S

MO.
TENN.

MO.

1974

1/

SEASONALLY AD JU STED INDEX
1971 = 100
SEPT

1974

AUG

1974

JU L Y

2/

1974

SEPT

1973

322

3 9 4 .2

39 0 .1

4 4 1 .2

1 7 7 .2

36

1 6 1 .8

170.7

17 0 .0

1 3 9 .3

172

136.1

1 3 6 .0

137.7

1 2 9 .6

169

14 9.1

153.7

1 5 0 .3

1 4 1 .9

174

1 4 4 .8

14 8.6

14 4 .1

1 4 4 .3

139

1 6 0 .8

157.1

155.1

1 3 6 .0

109

1 5 9 .3

16 2 .4

1 6 6 .8

133. 1

108

1 7 4 .0

168.5

16 4.9

1 4 6 .7

34

1 5 5 .8

158.5

1 5 8 .6

1 3 9 .4

118

1 4 8 .5

15 1 .9

15 5.2

1 4 3 .4

TO DEMAND D E P O S IT ACCOUNTS,

2/ THREE-MONTH MOVING AVERAGES




TEN M E D IU M - SIZ E C I T I E S

OF DOLLARS

SEP T
EL DORADO* ARK.

IN

(E X C E P T

EX C EPT

IN TERBAN K AND U . S .

LA TEST MONTH,

WHICH I S

34

GOVERNMENT ACCOUNTS.

A TWO-MONTH A V E R A G E ) .

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