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SELECTED ECONOMIC INDICATORS
EIGHTH FEDERAL RESERVE DISTRICT
METROPOLITAN AREAS
ST. LOUIS
MEMPHIS
LOUISVILLE
LITTLE ROCK

Prepared b y Research Department
Federal Reserve Bank of St. Louis
January 30, 1963

These data ere presented as an aid in following economic
developments in the four metropolitan centers. Because economic
activity b y its very nature is a composite of many different seg­
ments, a more meaningful picture of economic developments can be
obtained b y considering the entire set of indicators as a whole
rather than b y placing undue emphasis on any single indicator.
Moreover, there may be shortcomings in each series which may create
a misleading impression.
i
All the data have been adjusted for seasonal variations.
In addition, in order to smooth erratic fluctuation in the data,
the electric power, department store sales, and check payments
series are presented as three-month moving averages. It should
be noted that the most recent index presented for each of these
three indicators is an average of the last two months and is sub­
ject to revision.
The index of the industrial use of electric power is
based on data provided to this Bank b y the public utilities in
each area. Total employment data are developed b y the respective
State Employment Security Offices. Cooperating deportment stores
in each center provide total sales figures. It should be recog­
nized that these data relate only to department store sales and do
not necessarily reflect trends and fluctuations in other categories
of retail sales or of total retail sales. Check payments, or
debits, are reported monthly b y all or a sample of commercial
banks. The data for total deposits and business loans are pro­
vided b y the weekly reporting banks in each area, the monthly
figures being averages of weekly data.

1/
~




The August 1$62 Review of this Bank discussed seasonal variations in these four metropolitan areas.




January 30,1963

St. Louis Metropolitan Area
Selected Economic Indicators
S*«tM olly Adjusted

1957-59=100 Industrial Use of Electric Power 1*57-59=100

*D*bBs to demofed deposit accounts, except istorboik and U.S. Govtm iM iit

•CCOWllSe

Prepared by Research Department.
Federal Reserve Bank of St. Louis

ST. LOUIS ECO N O M IC INDICATORS
Industrial Use
of Electric Power
i 960
Jan.
*eb.
Mar*
Apr.
May
June
July
Aug.
Sept.
Oct.
Bov.
Dec.

Totpf Employment

Department
Store Sales

Check Payments

1957-5^100
Index **

Thousands
o f Persons

1957-59*100
Index *

Unadjusted
Index

1957-59*00
Index **

197
202

n o .*
i n .2

203

029
830

8*.0
75.7

10 9.9
109.0
108.6

106.3
107.1
105.8
106.7
106.7

10*.1
I d .6
103.T
10*.T
107*1
10*. 5
10*.O
10*. 1
10* *3

M illions o f
Kilowatt Bra.

200

212
211
20*
226

219
216

201
197

83^

U 0.7

8*0
850
8**
8*2
8*3
8*1

109 .*
10 6.9

83*
839

10 6.5
106 .*
10 8 .7
10 9 .1

818

100.8
107.8

109 .*
110 .7

106.6

106.5
106.6
106.0

79 .6

103.9

10*.3

97.*
8 5.3

98.*
107.3
109.2

105.?
105.6
105.5

180.5

10*«9

82.3

123.2

*

10 3.8

io * .o
103*1

M inions o f
M la rs *
2 , 87a

.S K
2,8*0
2,921
3*256'
2,921
3.1*2
3,P10
3,0 d
2,93T
3,2*2

1957-59*100
Index **
n i.7
in .6
113*8
i n .2
112.5
i n .7
U 5.1
n * .9
U 5.0
U 3.2
112 .5

U 5.1

Total Deposits
M illions of■
Dollars
1,151
1,136
1,125
1,12 6

i,in
i;S I
1.12 6

1.U 7
1,131
1.127
1,165

1957-59*100
Index *

Busines^ Loans
* by Banks &
M illions o f
DdLlars

1957-59*100
Index *

95**
95*3
95*5
9**7
9*.*
9**2
9**3
9**8
9**7
95*7
95.6
96.6

371
381
*15
*13
*09
398
390
397
*07

97*7
98.9
99*2
100.7
i d .*
I d .6
ld .O
I d .*
102*7

376
38*
395

m .i
n 7 .9

$
&

H 7 .}
n 8 .6

102.8
103*5
103*8

396
385
377
37*

n ? .o
1 : 5 .6
m .7
1 1 *. 3

10**8

381

*00

*d
389

113.7
U 7.*
122.2
123.5

123*8

122.1 .
U 8.5
118.9
120.3
U 9-9
120.5
118 .8

i2§L
Jan.
?eb.
Mar.
Apr.
Kay
June

July

Aug.
Sept.
Oct.
Bov.
Dec.

&
199
198
217

U 0.8

205

109 -$
108.6

222
216

203

107.2

226

108.0
in . 3

213
209

n 5 .i
n 6 .3

805

810

80?
815
628
821
818
82*

10*.0
10*. 5
103.1
103.7
103.8

103.5
103.5
103.7

823

103.6
103.6

9

10 3.6

793-

ld .6

75.8
91.7

86.9

99.7
98.9
8*.5
99.6
107.1
105**
1£ M
175**

3,181

n *«6
U 6.1
n * .o
1 16 .*
U 6.3
U 7.7
U 6.7
U 6l*
U 8.0
U 9«*
U 9.7

103.*
ld .O
100.3
99.6
102.5
103.2
10*.b
103*9
103*3
103.6
102.9

3.330
3,039

101.0

3,332

122.1

l d .5
105 wO

2,836

3,W I

120.6
121.0
121.8
12* .1

3,376
2,790

3,220

3,126

3,039

1,176
1.175
1.169

1,200

1,197
1.203
1.195

1.203
1.212
1.21*
1.220
1,2*8

*0 3 .

1 15 .9
116 .3
12 1 .2
119 .8

1962

Jtn.

Feb.
Mar.
Apr.
May
Jtane
July
Aug.
Sept.
Oct.
Mov.

Deo.

23*

211
22*

118 .5

118.5
119 .5

U 9.2
120.5
122.*

1
25?
256

123.0
121.8

227
251
229
235

117.5
n 7*i
n 9 .2
122.5e

802
80*

810
832

823

829
827
827
822ft

818
819

103-5
103*6
103**
10* .6

10*.3

JL0*.6
10*.7

10*.0

103*9*
103*5
103*0

*

Seasonally adjusted

**

Three-month moving averages o f seasonally adjusted data

e - estimated
ij

Weekly reporting banks




77*0
78.*
90.2

&S
96.5

88.3

98.7
109*7
107*1
127*0

191*9

107*0

3,*2*
3,2*tO
3,320
3,*120

10**7
105*9
10* .3
10* J
106 .*
107*1

3,3**
3.072
3,578
3,373
3,7X0

S

i

105*1

3M1

12**5
12*.T
12**9

12*.2
12**9

126 .8

131*3

130.6#

1,255
1,232

1,220
1,232
1,206

1,216
1,23*
1,225
1,2*1
1,255
1,259
1,29*

103*7
103**
103.2

ld * 9
102.5
10**3
103*3
105*0
106.3

3

383
383

10 6 .1

£
*12
*09
*10

107*8

*1*

*n

U9*2

116.3
112.2
n*.o

U5*3
119*3
121*3

122.1
121.6

123.0
iH :!

Prepared by Research Department
Federal Reserve Bank of S t Louis




Jonuary

30,

Memphis Metropolitan Area
Selected Economic Indicators
Seasonally Adisitsd

170

1957-59=:100
170

160

160

150

150

140

140

130

130

120

120

110

110

110

110

105

105

100

100

120

120

110

110

-59=100 Industrial Use of Electric Power

100
140

100
Check Payments*

140

130

130

120

120

110

110

140

140.

130

130

120

120

110

110

100

100
160

Business Loans by Banks

160

150

150

140

140

130

130

120

120

110

110

Prepared by Research Department
Federal Reserve Bonk of St. Louis

MEMPHIS ECON OM IC INDICATORS
Industrial Use
ol Electric Power

liar.
Apr*
Kay
June
July
Aug**
Sept <

Oct*
Bov*
Dec.

196
87
$6
65
$k
92
90

Thout-toids
o f Fereons

1957-59*100

123.1
122.6
121*3
120*9
119*2
118.*
116.7
115*5
115*9
llb .7
114.8
111*9

233
233
232
236

Check Payments

Unadjusted
Index

1>57-59*100
Index **

M illion s o f
D ollars

81.7
80.7
83.8
107*2
107.9
8 9 .I
93.3
104.4
97.<>
111.5
11$.2
176.7

106.8
101.0
106.1
106.0
108.9
106.6
105.9
I0 3 .I
102*9
101.6
102.7
102.0

956
85$

%
235
236
2#
236
237
239

102.6
102.9
102.0
103*3
103.3
103.1
102.9
102*9
103*0
102.8
102.7
103.3

lll.O
115.6
119^
122.0
126.1
128.1
130.0
135.5
139.3
115.0
150.3
150.2

231
233
236
235
238
237
236
236
238
238
2l0
2l0

103.1
103.0
103*6
102.8
103.5
103.1
103.3
103.3
103*6
103.7
103.9
103*8

73.1
75.6
91.0
$0.6
102.9
91.7
6 9 .I
99.1
101.9
106.9
125.1
S .9

101.9
100.8
100.8
101.1
101.6
101.1
100.6
101.7
101.3
103.6
104.6
104.0

153.0
152.1
156.1
154*8
151*6
155.0
152.6

235
236
238
238
239
210
238
239
2lO
239
239
2 l0

103*6
101.5
101.5
103.9
103.7
l d .6
1 & .1
i d .3
101.7
101*3
103.9
103.7

I 5 *?
80.1
89*0
102.6
118.3
88 .9
101.8
108*5
110.6
111.4
136.0
196.6

104.1
104*3
106.8
109*8
109.0
112.2
109.9
112.5
108.8
111.1
111.3
115.Oe

TnfrP X *

s
862
887
823
891
887
1,166
1,230
1,115

Total Deposits

y

Business lo an s
by Blinks H

M illion s o f
D ollars *

1957-59*100
Index *

M illion s o f
D ollars

1957-59*100
Index *

111*5
109.6
109.9
109*0
109.5
109.3
111.1
112.7
115.3
118.7
U 9 .3
121.7

481
175
177
186
171
178
I90
186
193
195
190
503

106.9
106.2
106.5
106.9
105.6
106.1
109.3
108.8
110.7
112.0
111.7
112.7

228

123*1
117*2
113*3
lll.l
113*6
113*2
113*8
l l l ;9
116.1
122.6
121.1
U 8 .7

120.4
124.8
121*3
122.5
122*9
127.1
127.3
124.0
122.7
122.4
124.6
128*9

511
536

113.0
119*3
118.6
U 9A
120.4
120.4
120.6
122.3
123.3
123.8
124.9
125.3

127*1
127*0
125*4
129.7
130.8
132.0
130.8
131.4
132.7
127.7
125.9
120 .le

553
559
566
576
578

1

100
99

Jan*
Feb*

1957-59*00
*»

Department
Store Safes

i

M il ions o f
Kilowatt Hrs*

I960

Total Employment

T»»df»x **

179
170
161
162
166
177
198
228
235

1261
Jan.
Feb.
Kar.
Apr.
Kay
June
July
Aug.
Sept.
O ct.
Bov.
Dec.

93
91
99

&

101
95
109
106
116
120
121

1,060
$26
1,06$
961
1,066
9**6
$76
92<*
1,220
1,357
1,180

1

540
538
541
547
550
546
547
558

228
224
210

2S
178
182
135
174
164
230
249

122.5
124.5
126.7
125.0
123.1
126.3
128.1
128.1
117.4
116.3
121.2
123.9

1962
Jan.
Feb.
Iter.
Apr*
May
June
July
Aug.
Sept.
O ct.
Kov.
Dee.

**

123
122
129
125
129
118
U9
120
122
133
123
121

S*

16X.7
15V.S
I S * .*

Three-nonth raoving averages o f seasonally adjusted data

e - 2stlasted on the b a sis o f two souths only
r - Revised
1/

Weekly reporting banks




1,174
935
1,049
1,003
1,059
1,045
1,000
1,024
985
-1 ,3 7 2
1,250
1,170

%

597
600
595
6 ll
636

122.4
124.2
126.1
126*3
128*9
132.5
131.3
133.3
134.0
134.9
139.5
143.0

237

3

203
1?2
188
185
187
200
235

Si

126*5
126.4
130.8
130.7
130.0
134.6
130.3
128.9
135.5
149*5
125.6
121.0

Prepared by Research Department
Federal Reserve Bank of St. Louis




January 30,1963

Louisville Metropolitan Area
Selected Economic indicators
Seasonally Adjusted

-59=100 Industrial Use of Efectic Power

1957-59=100.

130
120
110

100
90
105
100

95
120
110
100
90
120
110

100
130
120
110
100

90
130
120
110

100
90
to demond deposit accounts* except interbank and U.S. Government
>tt.

Prepared by Research Department
Federal Reserve Bank of St, Louis

LOUISVILLE ECO N O M IC INDICATORS
Industrial Use
of Electric Poy?er
I960

K illio cs o f
K ilovatt Brs.

Jan.
Feb.
Mar.
Apr.
J*y
June
July
Aug.
3ept
O ct.
Kov.
Dee.

Department
Total Employment

1957-5^100
Index **

thousands
o f Persons

1957-59*100
Index *

100
93
10b
1C2
101
98
95
95
95
95
88
67

109*5
111.2
110.5
113*2
111.6
110.5
105*5
102.2
100*5
$0.2
98.8
98.2

273
272
271
280
283
28b
283
28b
28b
273
277
276

100.8
100.6
99*9
100.6
100.2
100.1
100.0
100.4
99 *6
97*5
93.8
98.8

90
90
66
88
82
Sb
8b
$8
95
93
93
93

97*8
97*7
$8.6
9b.3
93*9
92*5
9b.3
97.5
$8.2
100.9
102.9
lOb.O

269
266
267
270
275
277
276
276
260
277
279
280

103*5
105*1
106.b
IO8.3
109*6
110.8
109*0
106.1
103.9
105*2
107*6
lU .5 e

27b
27b
279
281
28b
287
266
285
268
287
283
281

Store Sales
Unadjusted
Index

Check Payments

Total Deposits

V

Business Loans
by Banks V

T957-59*i60
Index **

M illion s o f
D ollars

1957-59*100
Index **

M illion s o f
D ollars

1957-59*100
Index ♦

K illio n s o f
D ollar*

1557-59*100
Index *

7i*9
67*9
75*9
,11b.3
100.3
10b.7
73*b
82.0
89.b
98.8
111.2
179*3

101. b
98.8
99*6
99*6
106.9
101.1
98.3
91*7
93*7
9b.3
9b.3
93*0

92b
839

103*2

lOb.O

bbO
b23
b21
b27

101.1
99*2
99*U
1C0.8

121

123

1C$.0
107*7
103.2

959
922
933
907
1*065

99.1
98.3
98.b
97.3
97.b
97.5
97.b
97.6
$8.2
99.5
99.5
99.9

63.5
61.6
87.6
90.8
95.7
92.1
87.5
88.5
97.5
103.6
120.5
197.8

92.5
92.9
92.9
9b.3
95.7
100.9
102.b
103.7
101.2
101 .b
101.5
100.5

927
86b
1,001
827
531
1,006
956
953
910
1*033
1,00b
1,071

100*7
101.5
102.6
I d .b
100*7
101.0
101.1
100.7
101.1
103*b
100*9
100.1

67.5
69 .0
81*5
115*2
106*9
9b.6
9L.7
95*8
110*7
102.6
130.1
211.5

101.3
100.5
102.7
lO b .l
10b.3
107.3
105.1
110.3
105*6
108.b
106.1
109*6

1>°73
826
969
9bb
999
987
1,012
1*033
938
1,133
1,068
1*079

3

922

103*7
102.0
103.1
ica.3
103*3
lOb.C
10b. 9
103*3
103.1
103*8

JUS

9|.o

123
123
123
123

108.2
107*9
109.1
109*0
109*7
111.3
111.3

bib
bl5
bib
bl7
b22
b26
b2b

93W
99*5
100.8
100.5
100.0
99*2

10H
106.8
105.2
107.5
10$.3
110.5
112.2

b5b
b28
b29
b27
Ii21
b|7
ft
b38
bb3
bbo
b52
b55

99.8
100.8
101.3
100.8
101.6
103*8
111.3
1C5.2
105.1
105.2
1C6.2
106.7

133
130
132
131
132
129
120
127
122
124
126
lb $

112*5
114.6
115.9
115.5
116.2
U b .7
lio . 2
116.5
115. b
115.4
llS .b
H $ .2

108.b
107.5
103.7
107.b
107*b
109.5
111.2
112*5
115*1
116.9
116.8
113*8e

b68
b62
b66
b68.
b59
b62
!* ?
b6b
b73
b71
*83
b80

107.6
108.7
109*8
llO .b
110.9
109*6
111.6
111.3
112.7
112.3
113*2
112.6

13b
126
125
125
120
12b
123
123
125
130
lb o
160

115.0
110.8
109*b
n o.3
105*5
110.7
109.8
113*2
118.1
122.0
121.2
127.5

122
H9
119

121
129

112.0

112.4

1981
Jan.
Feb.
Kar.
Apr.
Kay
June
July
Aug.
Sept.
O ct.
Kov.
Dee.

lo b .l
10b.3
102.1
103.6
103.0

1962
Jen.
Feb.
Kar.
Apr.
Kay
June
July
Aug.
Sept.
O ct.
Nov.
Dee.

125
120
128
125
132
131
129
126
123
130
127
129

*

Seasonally adjusted

**

Three-month rovin g averages o f seasonally adjusted data

e • Estimated on tbe ba sis o f tvo rontbs only

1/

Weekly reporting basks




Prepared by Research Department
Federal Reserve Bank of St. Louis




Jonuory 30, 1903

Little Rock Metropolitan Area
Selected Economic Indicators
Ssoiesflllv Adlwsted

1957-59=100 Industrial Use of Electric Power 1957-59=100

Federal Reserve Bank of St. Louis

LITTLE ROCK FCO N O M IC INDICATORS
D eportm ent

Industrial Use
o f Electric P ow er
B illions o f
Kilowatt Bra.

I960
Jan*
Feb.
Mir.
Apr.
Kay

6.16
6.71
5*66

Jhly
Aug.
Sept.
Oet.
Bov.
Bee.

6.27
6 .*
6*10
8.62
7.58

Aha.

6.77

7.31
1.20

Jam

\J2Z

Feb.
M u r.

Ayr.
Kay
July
Ang.
Sept.
Oet.
fiOv.
Bee.

6.56
6.26
6.09
6.53
6.35
6.87
6.77
8.80
9*63
9-1*

Total Employment

Store S a les

1957-59-100
Index «*

thousands
o f Persons

120.7
12*.9
126.7
127.5
12fc.l
122.8
122.5
125.8
126.5
125*3
122.8
U6.3

ft
97
102
102
102
101
102
108
105
103
101

105.2
105.2
108.5
107.8
106.1
106.5
106.5
106.$
107.2
107.0
107.5
107.8

119*8
121.1
125.9
125.6
128.1
127.8
127.8
126.8
125.1
127.9
138.9
135.7

97
98
100
100
102
102
101
102
103
105
103
100

107.8
107.5
107.7
106.2
106.6
106.7
106.8
106.6
105.8
106*9
106*9
106.3

69.1
69.6
82.7
95*3
?2.5
78.1
80.8
91.8
98.5
105*2
110.0
175.7

180.0
182.5
189.7
187.7
185.7
139.3
137*2
180.5
188.0
188.8
139.8
181.la

97
100
100.
106
105

106*9
108.6
109*2
109.0
109.3
109.3
108.9.
107.5
107.0
105*3
IO8.5
106.0

82.9
69.1
77.5

1957-59-100
Index *

Unadjusted
Index

SS
TUT
106.9
98.8

1957-59-300
Index ••

Business lo a n s
C heck Payments
M illions o f
Boilers

b y Banks 3/

M illions o f
Boilers

1957-59*100

163
160
*9
158
155
158
160
168
115
163
161
165

107.7
105*8
106.0
106.2
106.7
106.3
106.8
108.7
110.5
109*0
109*2
109.9

29
29
29
29
29
30
32
31
a
38
38

118.6
128.6
128.6
125.8
125*8
129.7
135.2
138.3
133.9
180.7
180.7
I89.6

index »

M illions o f
Collars

1957-59-100
Index*

» .T

us

258
237
251

| i
96*8
# .*

8
281
259

98.3

18

112*5
110.3
110.7
109.8
110.6
109.5
110.7
109*6
110.8
110.7
110.0
111*9

96.1
98.5
970.
?6.7
98.0
98.8
98^
93^
93.7
98.7
93.0

255
»7
278
237
280
270
258
261
$5
289
279
283

111.3
118.5
113.8
116*3
116.5
119.0
118.6
117.1
11B.0
118.9
119.9
121*9

167
ip
180
176
177
177
179
180
172
177
176
181

111.2
118.8
116.8
118.X
121.8
119*1
118.5
116.7
112.1
118.8
119*2
120.6

37
36
36
35
36
35
35
38
38
£
36
35

152.5
153.0
153.8
152.5
158.2
150.0
3 8 .7
189.6
187.9
188.1
188.3
187.9

121.3
1^ .3
128.6

185
187
189

123.1
128.8
122.7
123*8
127.2
128.8
128.6
U5*|

H

I89.6
150.8
1*7*9
189a
151*7
156.8
153*0
157*6
155*9
159*7
161.8
158.2

98.3
96.5
97.5

%

Ui

$14
95.3
115.6
107.5
171.0

1957-5^100

Total Deposits ^

lg fe
Jam.
Feb.
Mar*
Ayr.
May
June
JUly

Aug.

It
7.96
IS

Sept.
Oet.
Bov.
Bee.
«

I-H
6.TI
6.98
6J1
9.98
9.13
9-00

108
1$
108
103
101
99

95.7

P

£ .2
88.6
93.6
99.7
102.0
123.9
188.7

?8.1
? 8 .f
58.8
98.8
99.8
105.5

268
288
290
279
300
291
298
252
326
295
297

ss

I29.0
131.9
129^
127.9
127.3
132.8
130.3s

3
185
188
193
189
188
188
187

128.6
128.5

3k

t

36
36
36
36
38
39
39

Seasonally adjusted

*» three-month moving overages o f Seasonally adjusted data
a • Estimated on the basis o f two months only

1/

»

Weekly reporting hanks




Prepared by Research Department
Federal Reserve Bank of St* Louis

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