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Released

March 1963

-

March 29, 1963

SELECTED ECONOMIC INDICATORS
EIGHTH FEDERAL RESERVE DISTRICT METROPOLITAN AREAS
ST. LOUIS

EVANSVILLE

LOUISVILLE

SPRINGFIELD, MO.

MEMPHIS

FORT SMITH

LITTLE ROCK
P re p a re d by R esea rch D epartm ent
F e d e ra l R e se rv e Bank of St. Louis

THESE DATA are presented as an aid in following
economic developments in the district's metropolitan centers.
Because economic activity by its very nature is a composite of
many different segments, a more meaningful picture of economic
developments can be obtained by considering the entire set of
indicators as a whole rather than by placing undue emphasis on
any single indicator. Moreover, there may be shortcomings in
each series which may create a misleading impression.

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
subject to revision.
The index of the industrial use of electric power is Based
on data provided to this Bank by the public utilities in each area.
Employment data are developed by the respective State Employ­
ment Security Offices. Cooperating department stores in each
center provide total sales figures. It should be recognized 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 by all or a sample of commercial banks.
The date for total deposits and business loans are provided by
the weekly reporting banks- in each area, the monthly figures
being averages of weekly data.

St. Loiris Metropolitan Area

Production and Spending
S e a so n a lly Ad justed
Three-M onth Moving A v e ro g e s

Manpower Utilization
S e a s o n a lly Adjusted

Banking Activity
S e a s o n a lly A d ju ste d

MANPOWER PTILIZATIOH
Total Baplgynent
Averages

1957
1958
1959

Seasonally
Adjusted
Tnd>r
of Persons
100.7
96.8

Unemployment Rate

Seasonally
Per Cent

100.6

1961
1962

Adjusted

Unadjusted

Seasonally
Adjusted

40.0
39.3
39.9
39.7
39.6
40.2

5.5
4.7
6a

106.3
103.8
103.7

1960

Average Hours Worked
(Manufacturing)

5.4

PRODUCTION AHD SPEHDIBO
Industrial Use of”
Check Payments
Electric Power
Department Store Sales
Seasonally
Seasonally
Seasonally
Unadjusted Adjusted Unadjusted
Millions
Adjusted
Index y
Index
of Dollars Index 1/
Index
97.6
98.0
98.0
96.6
98. 2 94.5
105.4
108.0
103.7
104.2
109.7
112.9
102.6
117.1
109.9
120.0
125.3
105.7

BAWOBO

Business Loans 2/
total Deposits 5/
Seasonally
Seasonally
Millions
Adjusted Millions
Adjusted
of Dollars Index
of Dollars Index
103.1
99-2
101.8
92.3
104.6
99.0
120.0
94.8
117.0
101.2'
104.4
119.6

1962

July

104.6

Aug.
Sept.
Oct.

827
827

Bov.

8lB

822

Dee.

10k.1

104.0

103.5
103.5
103a

Jan.
Feb.

806
610

103.6

104.5

Mar.
Apr.
Itay

5.3

5-0
4.5
k.k

5.5
5.3
5 .2,
5 .1 ^

4.8
5.0

5JL
5.0

6.2
6.1

5a

5a

39.9
40.0
40.9
40.2
40.2
40.4

129.2

123a

40.5
40.3
40.3
40.6

124.4
H9.7
114.3
122.5

123.0
120.2
119-0
U9.3
120.9

88.3
98.7
109.7
107.1
127.0
191.9

104.7
105.9
104.3
104.6

40.2
39.9

40.0
40.5

115.4

124.9
125.8e

82.3
77.4

40.3

*>•3

122a

127.8

126.8

106.1

3,417
3,344
3,072
3,578
3,373
3,710

106.4
104.2e

3,750
3,157

106.2

124.9
124.2
124.9
131.3
133.4

403
411
412
409
410
414

121.3
122.1
121.6
123.0
123.9

1,234
1,225
1,241
1,255
1,250

126.6

3-,294

106.1
107.8

133.5
134.8e

4o4
397

126.6

1,314
1,284

108.2

121.9

104.3
103.3
105.0
106.3

110.0

June
Three-month moving averages

't Weekly reporting tanks
Digitized forIFRASER


Bot available
Estimated

Index 1957-59 - 100
March 29, 1963, Monthly data for

1960-62

available on request

Research Department, Federal Reserve Bank of St. Louie.

Louisville Metropolitan Area

Production and Spending
S e a s o n a lly A d ju s te d
T h re e -M o n th M oving A v e ra g e s

Manpower Utilization
1957-59=100

S e a s o n a lly A d ju ste d

Industrial Use of Eiectric Power

1957-59=100

Banking Activity

*Revision in somple.
•"Debits to demand deposit accounts, except interbank and U S . Government accounts

MANPOWER UTILIZATION

Annual
Averages
1957
1958
1959

Total Enmlovment
Seasonally
Adjusted
Thousands
^*.2 '
97-5
100.3
99.8
98.3
101.3

1961

1962

Seasonally

5.4
8.6
6.5
6.6
7.4
5-1

40.7
40.7
40.6
40.0
40.5
40.8

PRODUCTION AND SPENDING
Industrial Use Of
Electric Power
Department Store SJ.es
Seasonally
Seasonally
Adjusted
Unadjusted
Unadjusted Adjusted
Index y
TnHcv
1/
Index
..Index
106.4
99.1
97.6
90.8
102.8
103.1
106.0
97.9
96.4
98.0
107.1
105.3

261

101.1
100.7
101.1
103.it
100.9
100.1

4.6
4.7
3.9
4.1
5.0
5.0

4.8
5.1
4.6
4.7
5.2
5.2

41.1
40.6
40.9
40.5
41.0
41.3

41.1
40.4
40.3
40.2
41.2
40.7

IO6.9
100.5
.112.7
103.3
105.1
112 J

109.5
106.9
105.4
105.6
106.6
108.4

274
272

1CQ..1
100.7

5.5
6.2

4.8
5.1

41.0
n.a.

*K).5
n.a.

106.2
112.2

108.0
107.2e

266

Jan.
Feb.
Mar.
Apr.
May
June

Seasonally
Per Cent

1960

Aug.
Sept.
Oct.
Bov.
Dec.

Average Hours Worked
(Manufacturing)

Unenmlavment Rate

283

286
267
263

Three-month moving averages

Digitized for2/FRASER
Weekly report ing banks


n.a.
e

Hot available
Estimated

91.7
95-8
110.7

105.1
110.3

105.6

BANKING
Check Payments
Seasonally
Adjusted ,
Millions
Index 1/
of Dollars
97.9
97.6
104.5
103.4

106.1
111.0
1,012
1,033
938
1,133

111.2
.112,5
115.1
116.9

1,068

116.8

Total Peros its
Business Loans ^
Seasonally
Adjusted
Mil]ions
Adjusted Millions
Index
Index__ of Dollars
104.9
99-3
97.4
99.5
101.2
97.7
109.4
99-8
104.0
115.9
110.9
114.5

123
.123
125
130
140

102.6
130.1

108.4

211.5

io4.i

1,079

122.5

160

64.5
68.2

101.8
97.8e

1,251
954

120.4
126.7e

149
139

106.1

109.6
122.0
121.2
127.5

469
464
473
471
483
480

128.1

496

121.9

500

113.2
118.1

111 .6

111.3
112.7
112.3
113.2
112.6

114.8
117.9

Index 1957-59 ■ 100
Released March 29, 1963, Monthly data for 1960-62 available on request

Research Department, Federal Reserve Bank of St. Louis.

Production and Spending

Memphis Metropolitan Area

S e a s o n a lly A d ju sted
T hree-M on th M oving A v e ra g e s

1957-59=100

hdesfeitl Us* of Electric Power

1957-59=100

Banking Activity

1961

1962

1963

* Debits to demand deposit accounts, except interbank and U .5 Government accounts

MflIPCWER

Annual
Averages

Total Employment
Seasonally
Adjusted

Thousands
of Persons

100.2

1957
1958
1959

1960

98.9
100.9
102.9

1961
1962

104.2

1962
July
Aug.
Sept•

Oct.
Bov.

Dec.
1963
Jan.

Feb.

103.ii

UTILIZATICB_____________________ _____________________ PRODUCTION AND SPENDING

Average Hours Worked
(Manufacturing)

Industrial Use of
Unemployment Rate
Electric Power
Department Store Sales
Seasonally
Seasonally
Seasonally
Seasonally Unadjusted Adjusted
Unadjusted Adjusted
Per Cent
Adjusted Unadjusted
Adjusted
Index 1/
Index
Index
Index l/
5.0
40.3
98.7
93.3
6.7
39.3
86.7
97.3
5*3
41.0
114.6
109.4
4.6
40.6
116.2
104.4
41.0
5.3
131.9
102.9
4.4
40.6
155.2
109.9

238
239
240
239
239
240

104 J.
104.3
10fc.7
104.3
103-9
103.7

4.6
4.2
3.9
3.5
4.0
4.1

237
236

104.5
104.6

5.1
5.2

4.6
4.4
4.4
4 J.

4o;6
40.6
40.6
40.4
41.0
40.1

147.7
141.6

.4.4

40.7
40.6
41.0
41.4
41.0
40.0

4.6
4.4

39-7
n.a.

39.9
n.a.

4.3

Mar.
Apr.
May
June
Three-month moving averages

% forWeekly
reporting banks
Digitized
FRASER


n.a.
e

Hot available
Estimated

157-3
151.9
156.4

155.5
158.3
158.0
158.4
153.3
151.7

101.6
106.5
110.6
111.4
136.0
196.6

111.1
111.3
112.4

150.3
171.8

154.6
156.4e

82JL
82.7

106.7e

166.6

109.9
112.5

108.8

110.5

BANKING

Check Payments
Millions
of Dollars

Seasonally
Adjusted
Index 1/
96.6
95.4
107.8
112.8
124.1
126.6

Business Loans 2/
S»mmnnmny
Millions
Adjusted
of Dollars
Index
101.0
97.1
101.9
117.1
123.6
130.8

Total Deposits 2/
Seasonally
Millions
Adjusted
of Dollars
Index
95-6
99.4
105.0
106.6.
120.9
131.ii

1,000
1,024
965
1,372
1,250
1,170

130.8
131.4
132.7
127.7
125.9
125.6

185
187
200
235
239
245

130.3
126.9
135.5
149-5
125.6
121.0

636

131.3
133.3
13ii.O
13*1.9
139.5
143.0

1,190.
1,020

131.3
135.im

232
225

123.9
124.0

638
631

141.4
140.4

589
597
600
595

611

Index 1957-59 ■ 100
Released March 29,

1963,

Monthly data for 1960-62 available on request

Research Department, Federal Reserve Bank of St. Louis.

Little Rock Metropolitan Area

Production and Spending
S e a s o n a lly A d ju s te d
Three-M onth M oving A v e r a g e s

1957-59=100

1957-59=100

Industrial Use of Electric Power

Manpower Utilization

Hours
!
1

j

j

42

February

40

r

N ~ r— V

38

1/

1

36

V

i

34

j
1— 1 1 1 t ! ■ 1 i 1 1 t

t

1

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

1961

32

1

11

1 1

1962

!

1 1

1963

i !

:o
’ Debits to demand deposit occounfs, except interbank and U.S Government accounts

MAKPCWE^

T-nt-al IWI nvmoTit.
Seasonally
Adjusted
Thousands
Index
of Persons
96.k
100.3
103.k
106.k
106.7

Asnual
1957
1958
1959
1960
1961
1962

Per Cent

July
Aug.
Sept.
Oct.
Hov.
Dec.
2262
Jan.
Feb.
Mar.
Iter.
Apr.

10k

Average Eours Worked
(Manufacturing)

Seasonally
Adjusted
k.5
5.7
3-6
3.8
k.7

107.0

2.8

99

105.3
10k.0
105.7

2.9
3.5
k.k

k.O
3.5
k.O
3-7
*3.7
3-6

96
96

107.9
107.1

k .9
k.O

3-*
3-1

103
10k
103

101

106.9
107.5

Unadjusted

3.6

107.6

1962

1TTIiT7i/Vr'rnTJ__________________________

IfriMBnlovnient Rate

3.5
3-0

39.7
k0.2
k0.9
kO.6
kO.O

39.5
39.9

38.8

Seasonally
Adjusted
k0.3
kO.O
kO.k
kO.l
39-6
39*k

_______________________ PRODUCTION AKD SPENDIH 3

Industrial Use Of
Electric Power
Seasonally
Unadjusted Adjusted
Index 1/
Index

92.0

99-5
96.5

9k .2
113.7
12k.1
127.3
lkl.7

39.3
kO.l
k0.2
kO.k
39-9

118.1

kO.O
kl.l

135.8

38.6

Department Store Sales
Seasonally
Unadjusted
Adjusted
. Index 1/
Index

115.2
155.5
165.1
169.7
16 k.3

170.6

139.3
lk2.6
lk5.5
lk5.6
lkl.2
139.8

lk>3.6
lkk.6e

Check Payments
Seasonally
Adjusted .
Millions
Index If
of Dollars
91.9
97.9

110.2
110.1
117.0

102.0

97-2
95*k
97.1

8k .6

96.1

102.0

98.0
9k .8
96.6

123.9
18k.7

99.*
100.k

93-6
99-7

66.9

98.8

7k.2

97-Oe

Total Derosits .2/__
Business Loans i/
CmBCAnRl1v
aeasonni .1y
Adjusted
Adjusted M113ions
Millions
Index
of Dollars
Index
of Dollars
95.7
91.1
100.2
95.3
10k .1
113.6
107.7
131.9

293
296
252

326
295
297

350
271

131.9
129.1
129.7
127.3
132.k
139.0

36
36
36
38
39
39

153.0
157.6
155.9
159.7
161.k
15k.2

lko .8

38
37

155.9
158.1

lk5.0e

117.2
12k <5

150.2
15k . 0

128.3

188
193
189

12k.6
125-3
123.6

187

12k.6
12k. 5

188
18k

19k
196

126.0

129.3

130.0

May
June
Tfcree-month Boring averages

Digitized *for FRASER
Weekly reporting banks


n.a.
e

Not available
Estimated

Index 1957-59 - 100
Released March 29# 1963# Monthly data for 1960-62 available on request

Research Department, Federal Reserve Bank of St. Louis.

Evansville Metropolitan Area

Production and Spending
S e a s o n a lly A d ju s te d
Th re e -M o n th M o vin g A v e ra g e s

1957-59=100

Annual
Averages
1957
1958
1959
1960
1961

Thousands
of Persons

1962
1962
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June

73
73
73
73
73

Adjusted
Index
107.2
97-2
95.6
93-9
92.9
93.9
93-9
93.6

9^.4
94.4

74

94.9
95.5

72
72

95.5
96.5

1/ Three-month moving averages

Per Cent

Seasonally
Adjusted

b7F"“

—

Unadjusted
n.a.

Seasonally
Adjusted

Industrial Use of Electric Power

Unadjusted
Index

10.5

Adjusted
Index 1/
102.6
93.6

8.4

103.6

6.6

116.5
120.7

6.8

132.0

5.1
3.7
3.3
3-9
3-5
4.1
4.8

5.1
4.4
4.7
4.1
4.2
5-0

141.6
127-9
146.4
129.1
129.4
135.3

135.6
134.0
133.4
134.1
134.0
133.8

6.0

5-3
4.6

118.7
137.6

135.3

5-7

n.a.

Unadjusted
Index

134.9©

93-3
102.5
106.7
104.2
129.3
185.2

67.6

67.2

1957-59=100

Adjusted .
Adjusted . Millions
Index 1/
Index 1/ of Dollars
103.0
109.1
94.4
97.3
99.7
96.5
97.8
101.3
102.5
98.5
104.0
112.9

106.7

220
203
178
217
211
204

114.0
111.5
ill.7
112.0
114.9
117.5

103.4
100.9e

244
185

H5.9

104.6
104.8

101.3
102.9

103.2

117.7e

Not available

Weekly reporting banka
e
Estimated

Reporting stores located In Evansville and Vincennes, Indiana


Millions
of Dollars

Adjusted
Index

Millions
of Dollars

92.1

43
42
42
42
44

47
48

100.0 “
100.4
99-6
99.9
111.8
117.0

95.4
112.5
125.1
129.0
142.2
44

Adjusted
Index

141.6
141.3
139.6
139.6
140.3
146.9

159
155
159
159
160
163

115.7
116.3
118.4

163.7
159.1

161

163

119-3
120.9

118.0
117.5

119.6

Index 1957-59 - 100
Released March 29, 1963* Monthly data for 1960-62 available on request

Research Department, Federal Reserve Bank of St. Louis.

Springfield Metropolitan Area

Manpower Utilization
S e a so n a lly A d justed

Production and Spending

Banking Activity

S e a so n a lly Adjusted
Three-Month Moving A v e ra g e s

S e a s o n a lly A djusted

1957-59=100

Total Loans*

1957-59=100

Check Payments'
140
130

120
110

1961

1962

100

1963

'Debits to demand deposit occcunts. except interbank and U S Government accounts

PRODUCTION AND SPENDING_____________________

MANPOWER UTILIZATION
Average Hours Worked
(Manufacturing)

Total Employment
Unemployment Rate
Seasonally
Annual
Thousands
Seasonally
Adjusted
Averages of Persons
Adjust!;ed Unadjusted
Index
Per Cent

1957
J.958
1959
1960
1961

5.4

--

1962

n.a.

6.4
4.5
6.6
5-8
5.4

99.5
101.7
113.6
U3.2
117.3

1961

Seasonally
Adjusted

Industrial Use Of
Electric Power
Seasonally
Unadjusted Adjusted
Index
Index 1/
n.a.
n.a.

1962

1963

’ All member bonis
'*Demand deposits c l •nd■
■
■due’s bus ness o"0 'cccl govemm,nr,

Check Payments
Department Store Sales
Seasonally
Seasonally
Adjusted
Unadjusted Adjusted Millions
Index 1/
Index 1/ of Dollare1
Index
'
-69.13
■" 96.5
99.2
96.5
111.0
107.1
110.8
100.0
115.2
99.8
125.0
102.6

A‘i bonis

__________________ BANKING_______________
Demand Deposits of

Total Loans
Seasonally
Unadjusted Adjusted
Index 2/
Index
93.0
95.7
111.3
124.6
128.7
140.3

Individuals, Businesses
and Local Governments
Seasonally
Adjusted
Unadjusted
Index
iDd.* 3/
92.8
101.0

106.2
106.4
110.0
115.2

1962
July
Aug.
Sept.
Oct.
Nov.
Dec.

57
53
54
53
51
51

120.4
113.4
U6.0
118.6
114.2
114.4

4.7
4.2
4.4
4.2
4.7
5.1

Isa
Jan.
Feb.
Mar.
Apr.

50

115.8

7.0

n.a.

n.a.

n.a.

5.5
6.0
6.4
4.7
4.3
4.0

n.a.

5-3

n.a.

n.a.

n.a.

n.a.

97.1
104.9
122.7
91.9
113.1
176.7

101.1
106.9
103.1

126

101.5
96.9
102.1

67.4
67.2

103.8
104.9a

126.8

144
137
133

127.1
124.6
125.1
128.5
131.3

140.2
11*8.8
143.6
143.6
150.4
152.4

142.8
146.5
139.6
140.9
148.3
147.6

112.0
113.4
U9.5
119.0
120.7

113.9
114.9
116.7
114.2
116.9

149
116

130.3
131.7a

143-5
147.3

145.7
153.6

115.6
114.5

116.7
118.6

144
139

128.0

119.6

May
June

1/ FRASER
Three-month moving average.
Digitized for
2/ All menfcer banka,
http://fraser.stlouisfed.org/
y All commercial banks.
Federal Reserve Bank of St. Louis

n.a.
e

Hot available
Estimated

Index 1957-59

1*>.

Released March 29, 1963. Monthly data for 1960-62 available on request. Research Department, Federal Reserve Bank.of 8fc. Louis.

Production and Spending
S ea so n ally Adjusted
Three-Month Moving A v era g es

Fort Smith Metropolitan Area

Manpower Utilization
S e a so n a lly A d ju sted

Banking Activity
S e a so n ally Adjusted

1957-59=100

Check Payment*
----------------------

150

Jonvory

■
' i -L - l

i

j

i

i i i

i

1961

1

i

i

i

i

i

1

i

i

i

i

i

I

1962

i

■1

i

i

i

1963

j

it

130

no

no

90

U

1957-59=100

iou

130

- n

Total bans

on
1961

1962

1963

1961

1962

1963

"Debits to rt«nond deposit accounts, except interbank and U S Government occounfs

MAHPCWER ITHLIZATJOW______________________

Annual
Averages
1957
1958
1959
I960
1961
1962
1962
July
Aug.
Sept.
Oct.
Bov.
Dec.
JS62
Jan.
Feb.
Mar.

Total Employment
Seasonally
Thousands
Adjusted
of Persons
Index
9B.5
ICQ..7
99-8
95-8
100.0
112.4
35
35
35
32
33
33

117.6
H5.5
113-1
102.6

Average Hours Worked
(Manufacturing)

Industrial Use of
Department Store Sales
Electric Power
Seasonally
Seasonally
Seasonally
Seasonally Unadjusted
Adjusted Unadjusted
Adjusted
Per Cent
Adjusted Unadjusted
Adjusted
Index
Index 1/
Index
Index
4.6
36.4
66.0
102.0
100.0
5-9
38.5
100.34.8
39.6
112.0
97-8
6.6
39.4
91.4
123.5
146.6
6.3
39-9
96.9
4.6
107.6
39.7
219.5
Unemployment Rate

4.8
4.7
5.0
5.2
4.8
4.2

107.3

4.5
4.2
3-9
4.4
4.6
4.6

32

10B.8

6.0

4.2

38.6

41.2

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

106.8

______________ PRODUCTION AND SPENDING_________________________

_

39.3
40.3
40.1
38.9
40.0
39-6

39.1
39.1
39.1
38.3
40.1
39.2

246.5
220.6
246-5
211.8
205.7

234.5
230.6
219.4
214.0
208.7
233-2

188.0
218.9

212.3
212.9e

206.1

92.1
Id.3
118.0
104.2
133.1
199-6
77.8
78.7

105.0
109.7
107.3
108.5
104.1
UO.O
113-9
118.5«

____________ BANKING

Check Payments
Millions
of Dollars

Seasonally
Adjusted
Index
95-8
98.7
105.5
105.0
114.8
136.7

Total Loans 2/
Seasonally
Unadjusted
Adjusted
Index
Index
95-8
96.0
108.5
115-7
125.8
143-5

Total Deposits 2/
Seasonally
Unadjusted
Adjusted
Index
Index
93^'"
100.5
105.7
10b.2
116.4
136.2

90
87
87

135.3
135.3
134.9
138.0
142.2
145.0

145.2
147.1
147.2
150.1
150.4
152.8

144.8
145.8
1*8.3
149-5
149.2
151.6

139.2
142.1
135.9
142.9
144.6
147.6

138.0
142.1
139-7
139.6
142.6
142.8

93
77

144.4
146.2e

151.7
152-4

153.1
155-0

141.1
140.2

141.4
142.1

87
84

80

Apr.

MB7
Three-mouth Boring average n.a. lot available
Digitizedyfor FRASER
All coonerclal bonks
a Satlaated


Chart -vertical scales are about one-hall1 the size of those used for other areas.
Released March 29* 1963, Monthly data for 1960-62 available on request

Index 1957-59 m

100

Research Department, Federal Reserve Bank of St. Louis.

SPRINGFIELD MISSOURI METROPOLITAN AREA
ECONOMIC INDICATORS

Indexes Seasonally Adjusted 1957-1959 = 100
MANPOWER UTILIZATION
Unemployment
Total Employment
Rate
Seasonally
Adjusted
Seasonally
Adjusted
Index
i960
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1961
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1962
Jan.
Feb.
Mar.
Apr.
May

June
July
Aug.
Sept.
Oct.
Nov.
Dec.

108.6
110.2

5.5
5.1

109.8

6 .2

110.3
n ^ .8

5.8
5.5
6.9
7.1

115.8
113.8
116.2

6 .8

1 15.1

6.9

116.9
115.6
u.5.7

7 -7
8 .0
7 .8

114.4
112.6
114.6
112.7
1 12.4
1 12.7
114.5
1 11.8
113.7
111.7

6 .0
6 .8
6 .5
6 .3
6 .3
5 .7
5 -6

113.0
113.8

114.0

116.9
116.4
121.0
120.7
120.5
120.4
113.4

116.0
118.6
115.6
114.4

1/ Three-month moving average
2j All member bank data

3/ All commercial bank data
e Estimated




5.8
5 -4
5 -6

4.9
4 .8

5 .2
5 .1
5 .3
5 .8
6 .1
5 .9
5 .5
6 .0
6 .4
4 .7
4 .2
4 .0

PRODUCTION AND SPENDING
Dept. Store Sales
Check Payments
Seasonally
Seasonally
Adjusted
Adjusted
Index
i/
Index i/
103.6
98.5
96.6
98.4

113.7
112.6

1 0 2 .0
101.5
1 00.2

11 1 .0
110.3

Total Loans
Seasonally
Adjusted
Index 2/

1 0 0 .0

1 10.2
111.2
110.2

99.1

112.4

119.6
122.2
127.0
122.0
123.1
123.2
124.7
124.5
127.8
129.1
125.4
126.6

98.9
98.1
95.4
96.7
97.8
100.5

110.8
112.2
111.4
113.9
113.8
113.9
n 4 .i
113.9
116.8
118.2
120.4
121.4

129.7
127.3
126.3
126.5
127.4
125.3
125.2
126.1
132.9
131.8
132.4
133.3

121.3
122.5
123.2
124.3
121.9
124.9
126.8
127.1

132.7
132.4
134.6
137.2
137.7

99.0
99.4
98.3

1 0 1 .4
1 0 4 .1
102.5
1 02.7
9 8 .3
9 8 .5

1 01.0
1 04.6
1 0 8 .4

106.1
1 02.4
1 0 0 .4
1 0 1 .1

106.9
103.1
1 01.5
9 6 .9
100 .3e

1 1 1 .1

109.7
110.6
110.4

1 24.6

125.1
1 28.5

129.2e

1 42.6
1 42.8
146.5
1 39.6
140.9
1 48.3
147.6

FINANCIAL ACTIVITY
Demand Deposits of
Individuals, Businesses
and Local Governments
Seasonally Adjusted Index
107.2
106.5
104.7
105.7
109.3
107.7
105.6
105.1
104.9
106.6
106.4
106.6

106.6
108.1
107.5
107.2
111.6
108.9
111.1
110.7
110.2
113.6
111.7
112.7

1 1 4 .0

113.6
116.0
1 1 7 .0
1 1 0 .3
1 1 5 .3
1 1 3 .9
1 1 4 .9

U6.7
1 1 4 .2

H6.9
119.8

EVANSVILLE INDIANA METROPOLITAN AREA
ECONOMIC INDICATORS

Indexes Seasonally Adjusted 1957-1959 = 100

MANPOWER UTILIZATION_____
Unemployment
Ibtal Employment
Rate
Seasonally
Adjusted
Seasonally
Adjusted
Index
I960
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1961
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1962
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

9 4 .0

95.3
93.5
94.6
9 4 .2
9 4 .3
9 4 .2
9 4 .4
93-9
9 3 .6
9 3 .5
9 3-0

9 2 .3

92.7
92.7
91.8
92.1

______________ PRODUCTION AND SPENDING_______________
Electric Power
Dept. Store Sales 2/ Check Payments
Seasonally
Seasonally
Seasonally
Adjusted
Adjusted
Adjusted
Index 1/
Index
U
Index
y
11 2 .0

6.5

119.0

95.8
92.9
92.9
95.6
100.3
98.5
98.9
97.7
100.2
99.8
100.2
97.3

7 .2
7 -1
7 .0
7 -7
7 -8

117.5
116.0
117.4
116.5
117.2
118.8
120.9
123.6
124.9
125.7
125.8
122.9

98.1
99.6
99.0
96.9
95.8
95.8
97.5
97.9
98.7
99.8
100.6
100.8

103.9
103.5
9 6 .7

122.6
124.1
127.4
129.0

101.1
102.1
102.6
105.0
105.8
106.4

107.7
1 11.6
1 1 1 .8

7.5
6.5
7.6
6.7
6.3
6 .6
6 .6
6 .2
6 .0
6 .6
6 .4

9 2 .5
9 2 .5
9 3 -4
9 3 -8
94-3
9 4 .2
9 4 .0

6.9

9 3 .8
9 4 .4
9 3 .9
9 2 .7
9 3 .3
93 .4
9 3-9
9 3 -8
9 4 .4
9 4 .4
9 4 .9
9 U.it

6 .4

6 .9
6 .6
6 .3
5 .7
6 .0
5 -8

5.6
5 -4

5.8
5 -5
5 -1
5 -1
4 .4
4 .7
4 .1
4 .2
5 .1

115.3
116.2
117.2
118. 4
119.2
H8 . 5
119.2
118.1
119. 4
12 1 .2

133-4

135.2
137.6
135.6
134.7
135.3
134.4
136.8e

1/ Three-month moving average
2/ Reporting stores located in Evansville and Vincennes, Indiana
3/ Weekly reporting bank data
Digitizedefor FRASER
Estimated


1 0 4 .6
1 0 4 .8

101.3
102.9
103.2
108.6e

_____ FINANCIAL ACTIVITY
Business Loans
Total Deposits
Seasonally
Seasonally
Adjusted
Adjusted
Index
3/
Index
3/
1 1 8 .8
12 U .1
12 U .1
12 U.U
1 2 6 .7

97.5
97.5
99.0
98.6
99.6
99.5
100.9
105. k
106.2
106.4

1 2 6 .7
1 2 8 .U

1 02.6
10U .3

127.1

96.7
96.4
95.9
96.7
97.0
99.0
100.9
100.7
102.7
103.8
103.9

12 U.U

1 0 4 .6

1 2 7 .7
127.4
1 2 9 .7

1 06 .it
1 0 4 .5
1 1 0 .1
1 1 1 .6
1 1 2 .9

96.8
9 7 -4
102.6
103.7
103.3

105.8
106. 4
105.8
108.8

113.8
113.3
112.6
1 14.0
111.5
111.7
112.0
114.9
ll4 .1e

125.u
125. b
12 U .8

130. b
1 2 8 .4
1 2 9 .7
1 2 8 .7

128.1
127.7
1 2 8 .4

129.O
1 3 3 .7

113.6
113.0
113.6
1 1 3 .4
1 1 3 .4
1 1 4 .7
1 1 5 .3

146.9

1 1 4 .9

1 4 2 .2
1 3 9 .6
1 4 2 .9
1 4 4 .6
1 4 1 .9
l4 l .6
1 4 1 .3
1 3 9 .6
1 3 9 .6
1 4 0 .3
1 4 6 .9

U 7 .3
1 1 6 .4

U8.7
115.8
H 5 .9
1 1 5 .7

116.3
1 1 8 .4

118.0
1 1 7 .5

119.6

FORT SMITH ARKANSAS METROPOLITAN AREA
ECONOMIC INDICATORS

Indexes Seasonally Adjusted 1957-1959 ■ 100

MANPOWER UTILIZATION_____________
Total Employment Unemployment Average Hours
Worked (Mfg.)
Rate
Seasonally
Adjusted
Seasonally
Seasonally
Adjusted
Index
Adjusted
i960
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1961
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1962
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

95.6
95.0
92.8
96.2
95.6

6.6
6.2

9 5 -7
9 5 -1
9 5 -9

6.9

97.u
96.9
97.8
9 5 .6

9 7 -7
9 7 -8

99.6
9 6 .3
9 7 -0

96.9
98.4
99.2
1 0 1 .1
1 0 3 .4
1 0 4 .9

107.8

111.7
115.6
116.4
116.9
117.4
120.3
117.6
115.5
113.1
1 0 2 .6

106.8
107.7

1/ Three-month moving average
2 / All commercial bank data

e

Estimated




6 .6
6 .2
6 .2
6 .4
6 .6
6 .1

7.1
6 .8
7 -0

6 .2
6 .1
5 .9

38.9
39.6
39.6
39.6
39.^
3 9 -k
3 8 .8
3 9 .2
3 9-7
3 9 .1
3 9 -1
3 9 -8

7 .2
6 .7
6 .8
6 .5
6 .7
5 .9
5 .5
5 .0

4 0 .1
39-4
3 8 .8
3 9 .8
4 0 .8
4 0 .0
4 0 .4
4 0 .3
3 9 .8
39-8
3 9-8
4 0 .2

4 .5
4 .1
4 .3
4 .6
4 .3
4 .3
4 .8
4 .7
5 .0
5 .2
4 .8
4 .2

3 9-1
4 0 .9
4 1 .5
4o .7
3 9 .8
3 9-6
3 9 .1
3 9 -1
3 9-1
3 8 .3
4o.l
3 9-2

6.9

____________ PRODUCTION AND SPENDING______________
Check Payments
Electric Power
Dept. Store Sales
Seasonally
Seasonally
Seasonally
Adjusted
Adjusted
Adjusted
Index 1/
Index 1/
Index 1/
1 20.5

122.2
122.4
125.0
1 2 4 .4

125.6
1 22.5

123.6
1 2 3 .9
1 2 4 .7
1 2 4 .4
122.5

1 2 5 .5

126.9
1 3 5 .5
1 3 8 .7
1 4 0 .9
1 37.2
1 4 1 .0
1 4 7 .0
1 5 4 .4
l6 l.l

171.8
1 8 4 .1

19^-3

88.9
88.5
91.5
91.5
92.1
90.3
91.0
90.5
90.8
90.3
92.7
92.5

93.7
92.1
91.5
90.8
91.7
93.1
94.6
96.8
97.6
101.0
102.4
106.2

2 1 9 .4
2 1 4 .0

109.3
112.2
111.3
109.4
106.4
106.6
105.0
109.7
107.3
108.5

208.7
209.9e

1 0 4 .1
106.4 e

206.2
2 1 5 .8

226.5
2 3 2 .5
2 3 7 .5
2 3 4 .5

230.6

1 0 4 .8

103.1
104.3
1 03.3

103.6
1 02.7
1 04.7

107.2
108.0

FINANCIAL ACTIVITY
Total Loans
Total Deposits
Seasonally
Seasonally
Adjusted
Adjusted
Index 2/
Index 2/
112.2
112.4
112.9
112.7
1 1 4 .1
1 1 4 .9
1 1 6 .3

1 0 4 .6

1 07.6

1 1 8 .0
1 1 8 .6

106.2
107.6

1 2 1 .0

106.2
106.6
108.0
108.0
108.1

1 2 1 .7

1 0 9 .3

1 0 7 .7
1 11.1
1 10.4
1 12.2

113.8
115.6
116.8

H6.7

102.4
101.6
101.3
99.6
101.2
103.1

119.0

123.1

109.6

1 2 3 .4
1 2 2 .7
1 2 3 .3
1 2 4 .3
1 2 4 .8

1 1 2 .1
1 1 0 .5
1 1 3 .9
1 1 3 .1
1 1 6 .2

114.6

129.0

116.8

115.8

1 2 6 .4

1 2 0 .3
1 2 8 .4
1 2 2 .6
1 2 3 .7

117.2
119.5

123.6

128.7
1 3 1 .1
1 3 0 .9

1 35.3
135.4
134.9

1 3 3 -6
1 3 4 .7
1 3 7 .0
1 4 2 .6
1 4 1 .8
1 4 2 .8
1 4 4 .8
1 4 5 .8
1 4 8 .3

138.0

149.5

142.2
l4l.5e

1 4 9 .2
1 5 1 .6

126.6
1 3 2 .1
136.5
1 40.2
1 37.0

138.1

126.0
1 2 9 .7
1 2 8 .8
1 3 3 .8
1 3 4 .1

136.0
138.0
1 4 2 .1
139-7
139-6
1 4 2 .6
1 4 2 .8

March 29, 1963

EIGHTH DISTRICT ECONOMIC INDICATORS

Check
Payments

.

Total
-,
Deposits

Business Loans
by Banks

Total
.
Employment ■=/

Department
Store Sales

1957-59=100
Index **

1957-59=100
Index *

1957-59=100
Index **

1957-59=100
Index #*

1957-59=100
Index *

1957-59=100
Index *

110.9

lOb.b

102.8

110.8

99.5

llB.l

103.6

101.0
100.6

113.b
115. b
112. b
lib. 9
lib. 6
117.6
117.0
116.3
117.b

119.5

li9.0

102.b
lOb.b
105.0
106.0
107.0
107.b
107.2
107.8
IO8.5
108.8

119.7

109.7

118.3

122.b

110.2

119.6

103.7
105.5
108.6

120.1
120.8

lio.b

123.0
123.0
12b.b
12b.6
12b.5

110.b
110.6
110.9
111.2

122.6
120.2
118.8
120.1

111.1

119.9
123.9

Industrial Use
of Electric Power

i960

.

=f

1961
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

106.1
106.3
108.2
108.3
110.2
109.8
110.6
111.7
113.8
u6.8
120.0
120.8

102.9

103. b
102.1

101.3

102.5
102.7
102.5
102.5
102.7

102.3

103.0
103.1
103.1

101.2
102.8

lob.o
10b.7
10b.2
105.1
105.1
103.5

120.6
120.5

120.2
120.3

121. b
123. b
122.7

118.b
117-3

1962
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

120.7
121.6
122.8
123A

109.3
110.0

128.2

123.6

102.1
103.6
10b.0
103.5
10b. 0
10b. 1
10b.1
10b. 0
103.7
103.7
103.1
102.8

109.8

130.5

lib. 8
115.6
117.2

126.1
126.6e

103.5
10b. 0

108.8
105.8e

131.1
133.6e

118.2

12b. 3
129.8
1 25.7
125.5
1 23.7
123.2
122.6

108.3
110.0
108.b

111.1
108.3

119.9

125.5
125.7

111.7

112.8
112.6
113.9

123.6
l2b.b
126.5
131.b
125.9
127.3

1963
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

*

118.6

128.9
125. b

Seasonally adjusted

** Three-month moving averages of seasonally adjusted data
e - Estimated
p - Preliminary

l/

Four centers combined - Memphis, Little Rock, Louisville, and St. Louis

2/

22 Centers

jJ

Weekly reporting banks




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