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Released July 30, 1964

July

1964

SELECTED ECONOMIC INDICATORS




CENTRAL MISSISSIPPI VALLEY METROPOLITAN AREAS
ST. LOUIS

EVANSVILLE

LOUISVILLE

SPRINGFIELD, MO.

MEMPHIS

FORT SMITH

LITTLE ROCK

P re p a re d by Research Departm ent
F e d e ra l R eserve B an k of St. Louis




The Data
These data are presented as an aid for the analysis
of economic developments in the Central Mississippi
ValleyThe emphasis is on economic activity in the
metropolitan areas.
Because of the complexity of the
economic process, a more meaningful analysis can be
made by considering the entire set of indicators for a
particular area rather than relying on any single one.
Moreover, there may be technical shortcomings in some
series.
A ll area data are presented in both unadjusted and
adjusted-for-seasonal-variation form. Index numbers are
on a 1957-59 base. In addition, in order to smooth erratic
fluctuations, the indexes of department store sales and
check payments are averages of the indexes for three
months and the index of value added by manufacture is an
average of five months. A ll of these indexes are centered
on the middle month.
Employment data are developed by the respective
State Employment Security Offices.
Estimates of value added by manufacture are based
on annual data for metropolitan areas provided by the
U. S. Department of Commerce and monthly data on in­
dustrial use of electric power provided by public utility
companies and individual firms using self-generated
power. (For a detailed explanation of estimation pro­
cedures, see the June 1964 monthly Review of this Bank.)

Sales figures are provided by cooperating depart­
ment stores in each center and represent only a portion of
total retail sales.
Check payments are reported monthly by all or a
sample of commercial banks in each area. Check pay­
ments are debits to demand deposit accounts, except
interbank and U. S. Government accounts.
The data for business loans and deposits provided by
weekly reporting banks are monthly averages of weekly
data.
Deposits include time deposits and demand de­
posits other than interbank and U. S. Government, less
cash items in process of collection.
The consolidated regional indexes are based pri­
marily on combined data from the metropolitan areas. The
consolidated index for check payments is based on re­
ports from the 7 metropolitan areas and 15 other centers
and includes 94 respondent banks.
Department store
sales include reporting stores in the metropolitan areas
and in l l medium-size cities.
National data are from reports of the Department of
Commerce and the Board of Governors of the Federal R e­
serve System.
The Board’ s index of industrial pro­
duction is compared with the consolitated regional index
of value added by manufacture because a comparable
national series is not available on a monthly basis.

Footnotes for charts:
1. Five-month moving averages (except for latest two
months, which are averages of four months and three
months)
2. Federal Reserve index o f industrial production
3. Three-month moving averages (except latest month,
which is a two-month average)

4. Weekly reporting banks
5. Includes stores in Vincennes
6. A ll member banks
7. A ll commercial banks
n.a. Not available

Manpower Utilization

Production and Spending

S e aso n ally Adjusted

S e a s o n a lly Adjusted

Summary Indicators
The Region and the Nation

Banking Activity
Se a so n a lly Adjusted

1962

1963

1964

1962

1963

1964

P r e p a r e d by R e s e a r c h D e p a r t m e n t
F e d e r a l R e s e r v e B a n k of St. Loui s

Data froze June. 2965 to date re v is e d on -the b a s is o f nev seasonal ad ju s t ruent fa c to r s .

Annual
Average*

Total Payroll
Eaploynent
United
State*
5£ti£E

1957
1958
1959
I960
1961
1962
1963

10Q..7

June
July
Aug.
Sept.
Oct.
Bov.
Dec.

1 0 b. 3
10b .8
10b .8
105.0
105 .b
105.8

Jan.
Aeb.
Mur.
Apr.
Msy
Job*
FRASER

9 6 .0

IX . 3
101.3
99-6
102.0
10b.5

1 0 5 .6

1 0 6 .8

106.7
IO6 .3
1 0 6 Jt
10 6 *2
IO 6 .3

MANPOWER UTILXZAriOB______________
Jlonuaufactairlng
Manufaeturiag
Employment
Baployment
United
United
Region
Beglon
State*
State*

IX .6
97.8
101.6
1 0 3 .b
103J.
106.2
106.7

I X .4
98.7
1 X .9
I X .4
I X .7
104.7

1 0 6 .8

106.9
107.4
107.3
107.6

109^
10 9 a
1 0 9 .3
1 0 9 .6
1 0 9 .5
1 0 9 .8

1 1 0 .0
1 1 0 .7
1 1 0 .9
1 1 1 .3

in .*

1 1 1 .6
Digitized for


1 0 7 .0

99.3

10b a

9 6 .6

9 6 .6

I X .1
104.4
105.3
108.3
111 .5

99.3
99.1
9b.5
9 6 .6

99.4

103.5
96.1
1X .5
101.2
96.4
101.6
IX .6

__________________ PRODUCTION AND SPENDING_______________________
Value Added
by Manufacture
Department Store Sales i f
Check Payments 3/
United
United
United
Region i/ State* 2/*
Region
States
Region
States
1X .7
93.7
105.6
108.7
109.8
118.3
124.3

I X .8
IO3 .8
109.2
111.8

125.5
125.7
125.1
125.4
125.9
12641

112.5
114.5
112.5
111.8
109.9
H l.9

1 2 6 .6

1 3 2 .6

127.7

131.9
135.1
133*2
133J.
133.5

1 2 8 .2
1 2 9 .0

99*2
99*7
1X .0
1 X .0
I X Jb
I X .s
101.4

1 X .9

1 2 6 .1

1 0 3 .0

127.4

I X .6
IX .9
103 JL
I X .8

1 2 8 .0
1 2 8 .8

107.8

111.5
121.8
112.0
112.2
112.6
112.6
112.9

109*2

113*2

109.4
106.9
108.4
108.7

114.0
114.2
214.5
114.6
114.8

101.9
101.4
101.0
101.6
i a i .3
ia i.4

103J.
103.5
103*9
104.2
104.4
104.5

1 0 6 .0
1 0 8 .2

1 0 8 .8

1 0 3 .2

97.4
96.3

99.2
94.9
105.9
107.3
106.2
216.9
126.4

129.8
130.5
131.7

130.4
131.2
131.6

96
99
105
lcS
109
114
118

96.9
96.9

___________ BANKING, ACTIVITY
Business Loans V
United
States
Region
Id .9
94.6
103.5

110.8
116.5
124.1
140.1

95.9
96.4
107.7
113-4
119.6
131.9
143.6

120.2
123.6
132.4

1 1 6 .0

219
122
123
120
H7
119
122

141.5
140.1
145.6
146.3
145.9
147.1
146.7

142.0
142.9
146.6
147.4
148.7
149.7
150.5

132.3
134.1
135.6
137.2
140.0
138.3

119.0
119.4
117.4
117.7
118.0
11977

125
n.a.
n.a.
n.a.
n.a.
n.a.

148.4
146.5
145.7
145.7
148.2
'146.3

150.3
150.3
152.4
154.0
154.2
151.4

1 0 b. 3

1 0 6 .2

1 1 8 .1

1 3 1 .0

134.9
1 3 6 .2

137.3
136.7
142.0
144.8

Bank Deposits V
United
States

Region

IX .7
96.5
I X .8
113.1
115.3
121.1
129.4

96.2
1X .6
101.0
99.5
107.0
112.7
121.8

92.7
IX .2
107.1
109.7
119.5

136.5
137.4
138.7
140.0
141.1
142.5
142.4

1 2 6 .6
1 2 9 .0

121.4
121.6

129.6
130.3

1 2 3 .1
1 2 3 .6

1 3 1 .6

124.7
126.3
126.9

133.2
134.8

136.9
138.1
137.2
137.9
139.4
140.5

127.8
1 2 6 .1

129.4
130.8
1 3 2 .2

132.9

1 2 7 .6

137.6

145.1
144.7
145.9
145.4
145.3
146.7

Production and Spending
Sea so n al ly Adjusted

St. Louis Metropolitan Area

Manpow er Utilization
Banking Activity
Se a s o n a ll y A dj u st ed

Bank Deposits
130
120
110
100

1962

1964

1963

P r e p a r e d by R e s e a r c h D e p a r t m e n t
F e d e r a l R e s e r v e B a n k of St. Lo ui s

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

MANPOWER UTILIZATION_____________________________________
Manufacturing Hrwmpl nyf.pt
Nanmanufacturing
Employment
Employment
Rate
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Seasonally
of Persons
Index
Index
Adjusted

101.8
96.1
100.0
101.0

1957
1953
1959
I960
1961
1962
1963

100.8
98.9
100.3
10 2 a
101. 7
102.7
104.8

9 8 .7
9 9 .5

101.7

103.7
9 6 .8

99.5
99.2
93.3
93.9
96.2

_________________________ PRODUCTION AND SPENDING____________________________
Value Added
by Manufacture
Department Store Sales
Check Payments
Seasonally
Millions
Seasonally
Seasonally
Adjusted
of Dollars
Adjusted. Unadjusted
Adjusted. Millions,
Imiex U
of Dollars
Annual Rate
Index h/
Index
Index y

n.a.
n.a.
5-5
4.7
6.1
5.4
4.7

98.7
94.6
106.7
109.2
108.3
115.5
125.6

____________ BANKING ACTIVITY
Business Louis it/
Seasonally
Adjusted
Index

Millions
of Dollars

96.0

9 8 .0
9 8 .2

9 6 .6

103.7
104.2
102.6
105.4
106.5

105.4
112.9
117.1
125.3
140.4

Bank Deposits it/
Seasonally
Adjusted
Index

Millions
of Dollars

99.2
101.8
99.0
94.8
1Q1.2
104.3
110.7

103.1
92.3
104.6
120.0
117.0
119.4
124.6

1963
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

750
7^9
746
752
756
758
755

1QL.5
102.0
ld .9
1 0 2 .1
1 0 2 .6
1 0 3 .0

492
491
489
494

104.6

9 6 .0

1 0 5 .2

104.9

96.4
96.7

1 0 5 .2

9 6 .6

496

105.9
106JL

96.8
97.4
97.8

499
496

1 0 5 .6

1 0 3 .9
1 0 3 .8
1 0 3 .2
1 0 3 .2

486
484
487

107*2
107.1
106.6

49 2

1 0 6 .1

1 0 3 .4

495
500

1 0 6 .6

102.7

5.0
4.8
5.0
4.5
4.3
4.3
4.7

3,488
3,205
3,209
3,399
3,141
3,255
3,200

125a
126.5
126.6
127.7
126.5

4.4

3,152
3,408
3,303
3,333
3,496
3,361

132.7
132.4
135.4
133.3
133.2
132.8

1 2 9 .6

130.9

1 0 7 .0

1 0 6 .0

68.0
104.8

109.5
107.4
10 6 ^
103-8

1 0 9 .6

102.2
122.3
197.5

1 0 6 .0

109.9

3,755
3,953
3,587
3,775
4,206
3,599
4,145

144.7
146.4
147.1
147.0

400
4o8
420
421
434
.449
444

4,197
3,41*6
4,081
3,904
3,813
4,404

148.2
146.3
146.7
146.7
151.0
148.2

409
403
416
406
407
415

141/7
1 3 8 .6
1 4 3 .0

122.2
121.9

1,303
1,312

1 2 3 .8

1 ,3 0 6

125.2
131.6

1*317
1,334
1,338
1,372

124.1
124.0
128.4

1,383
1,356
1,363

12^9
13 2 *2

110.4
110.7
111.2
111.7
112.5
H 3 .3
113.9

1961s
Jan.
Feb.
Mar.
Apr.
May

743
74l
744
751
755

June
763

http://fraser.stlouisfed.org/ 1 0 3 . 3
Federal Reserve Bank of St. Louis

1 0 6 .3

98a
97.5
97.3
98.1
97.8
9 8 .0

445

4.0
3-7
3.9
4.3

87.3

U 3 .0

8 2 .8

1 1 3 .0

100.1
97.9
116 a

111 .4
112.6
112.9
114.5

107.9

£:5

1,355

1 2 6 .8

1 ,3 6 6

1 ,3 8 0

113.8
114.1
115.1
115.4
H 5 .7
U 5 .7

90

Production and Spending
M anpow er Utilization

Louisville Metropolitan Area

Banking Activity
S e a s o n a ll y Ad ju st ed

1957-59=100

__________________________ P H o n jc n o n

habpoweb o t h j z a j i o b

Annunl
Average#

Total Payroll
Bqploymexxt
Seasonally
Thousands
Adjusted
of Persons
Index

Bonmamifacturlng
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

102.8
97.1
100.1
98.2

1957
1958
1959
I 960
1961
1962
1963

9 8 .0

10EL.O
103.5

Manufacturing
Employment
Seasonally
Adjusted
Index

100.3
97.9
101.6
101*9
101.6
10b .A
1 0 6 .b

1 0 6 .6

95.7
97.7
91.7
91.7
95.2
se . 5

Unemployment
Rate
Seasonally
Adjusted

Value Added
by Manufacture
Millions
Seasonally
cf Dollars
Adjusted.
Annual Rate
Index 1/

5.b
8.6
6.5
6.6
7.b
5.2
b.5

a s p s p e b d u is _____________________________

Department Stare Sales
Seasonally
Unadjusted
Adjusted.
Index
Index y

Check Paymentb
Seasonally
Adjusted.
‘Millions
Index y
of Dollars

1 0 3 .6

llb .6
125.5

_____________ b a s k h t o

1957-59=100

a c t iv it y

Business Loans it/
Seasonally
Adjusted
Millions
of Dollars
Index

Bank Deposits it/
Seasonally
Adjusted
Millions
Index
of Dollars

10b.9
97.b
97.7
109.b
115.9
ll b .b
127.3

97.9
97.6
10b.5
1 0 3 .b

99.1
97.8
103.1
97.9
99«b
1 0 6 .b
110.0

98.3
9b .8
1(37.6
100.8

Business loans

1 0 6 .1

111.0
1 2 6 .2

99.3
99.5
101.2
99-8
lOb.O
110.9
1 1 8 .1

i£2
June
July
Aug.
Sept.
Oct.
Harr.
Dec.

25b
253
25b
256
256
256

255

103.3
103.6
103.9
103.9
10b .b
10b. 5
10b. 7

167
167
166
166
166
166
166

IO6.3
106 .b
106.6
106 .b
106.8
106.9
107.0

98.0
98.7
99 *b
99.5
100.2
lOO.b

b.6
b.5
b.6
b.b
bn
bn

100.7

105.9
106.2
105.2
io 5 n
105.2
105.3

163
162
162
166
169
169

108.6
108.7
io 8 n
107.3
107.3
107.7

10L.3
10 1.7
100.2

b.2

1,75 1
l,b32
1,593
1,673
1,589
1,671
1,567

12535
126.7
127.7
128.6
130.b
129.8
130.7

103.8
93.7
IO6.9
110.2
105.8
130.6
228.7

109.2
113 .3
112 .9
112 . b
109.8
110.6
llb .0

1,093
1,22b
1,109
1,13b
l,2 b o
1,087
1,37b

126.2
125.7
130
129.3
129.0
131.2
135.7

ib o
lbb
139
139
1*1
150
168

127.3
130.3
129.5
129.7
128.9
128.3
127.9

502
b89
*96
b99
500
519
5H

118 .5
117.0
119.0
119*0
120.0
12 1. b
12 1.3

b.3
bn
b.2
3*7
3.5
3.9

l,b88
1,715
1,55b
1,626
1,658
1,639

130.5
129.3
13 1.6
130.5
130.6
131 .b

75.6
80.1
i0 3 n
11 1 .2
117a
110.2

H 9.0
120.2
116.9
116 n
116.9
120.7

1,323
1,077
1,207
1,215
1,170
1,269

137-7
135.3
132.7
132.7
13b.0
130.9

161
150
lb2
lbb
151
157

133.6
13 3 .1
12b .9
126.2
139.b
lb 3 .5

521
513
51b
519
519
520

120.5
119 .6
120.9
123.0
12b .b
122.6

12*
Jan.
Peb.
Mar.
Apr.
Msy
June

251
251
251
255.

259

 259


IOCL. 3

101.5
100.9

Memphis Metropolitan Area

Production and Spending
Se a s o n a ll y Adjusted

Banking Activity

M anpow er Utilization

Bank Deposits
190
180
170
160
150
140
130
1962

1963

1964

P r e p a r e d by R e s e a r c h D e p a r t m e n t
F e d e r a l R e s e r v e B a n k o f St. Lo ui s

Annuel
Averages

Total Payroll
Dmiloyment
Seasonally
Thousands
Adjusted
of Persons
Index

MANPOWER UTILIZATION______________________________________
Unesploymezxt
Nonmufacturlng
Manufacturing
Qnployment
Employment
Rate
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Seasonally
of Persons
Index
Index
Adjusted

100.3
90.2
101.5
103-9
lCft.O
106 a
100.9

1957
1950
1959
I960
1961
1962
1963

96.9
99.0
1020.
103.9
106.0
106.6
109.5

106.0
95.5
99.7
103-6
10 1.1
lo t .A

A. A

106.6

A.O

____________ .____________ PRODUCTION AND SPENDIKC_____________________________
Value Added
by Manufacture
Department Store Sales
Check Payments
Millions
Seasonally
Seasonally
Seasonally
of Dollars
Adjusted
Unadjusted
Millions
Adjusted.
Annual Rate
Index
Index
of Dollars
Index y

'SE*

5.0
6.7
5.3

102.8
92.3
10A.9
111.6
110.9
125.8
129.6

A.6

5.3

___________ BARKING ACTIVITY
Business Loans it/
Seasonally
Adjusted
Index

Millions
of Dollars

96.8
95.6
107.8
112.6
12AO
126.6
150.9

93.3
97.3
109. A
10A.A
102.9
109.9
113.5

Bank Deposits 2/
Seasonally
Adjusted
Index

Millions
of Dollars

101.0
9 70
101.9
117 0
123.6
130.6
161.5

95.6
99.6
105.0
106.6
120.9
131.3
150.1

m
June
July
Au*.
Sept.
Oct.
Nov.
Dec.

207
207
200
211
211
PI P
PIP

100.6
10 9a
109.2
109.3
109.6
110.2
110.0

159
160
160
163
163
166
165

109.2
109-6
109.9
noa
110.5
110.9
110 .7

107.5
107.5
107.0
107.0
107.5
106.0
106.0

A.O
3.0
A.O
3.7
3.6
3.5
3.8

596
696
526
579
562
590
559

129.6
1 3 ia
131.5
1310.
131.7
132.6
133.5

100.3
90.9
112.3
110.9
112.6
136.6
206.3

113.9
116 .7
112.6
113.0
112.6
113.6
116 .7

1,097
1,303
1,255
1,271
1,755
1,519
1,510

156.6
156.6
167.2
167.8
161.2
150.9
156.1

202
203
213
227
259
207
261

160.9
163.9
16 7 0
I69.6
166.9
156.0
169*6-

667
668
687
688
683
106
735

167.9
I69.8
152.6
153.0
155.9
159.5
161.5

Jen.
Feb.
Mnr.
Apr.

207
209
209
210
212

11 1 .2
112 . A
1120.
1 1 1 .3
11 1 .5
112.0

106 .A
106.2
106.6
106.6
106.0
106.9

6o
3.9
3.6
3.5
3.*
3.5

552
631
559
57A
6U
56A

133.5
132.3
135.5
136.3
13 6 0
136.0

91.0
88.6
1070.
100.6
12 10
102.7

1,606
1,137
1,266
1,2A6
1,160
1,306

156.6
156.0
156.0
153.6
156.2
153.7

269
267
255
2A5
250
265

166.1
153.0
152.7
153.6
16 6 0
170.5

767
753
756

p ip

ifio
162
162
163
166
16A

119 0
120.6
120.5
119 0

June

n o .6
111 .A
111.3
110.7
110.7
11 1 .3

166.5
169.3
170.0
173-6
179.9
103-9




&
831

120

Production and Spending
S e a s o n a ll y Adjusted

Little Rock Metropolitan Area

M anpow er Utilization

Banking Activity

S e a s o n a lly Adjusted

Check Payments
Bank Deposits

June

1962

• fT T T T T : ! j
1962

1964

1963

i

; i i i i . ! : i Ji
1963

i i i . i ! i i ! i i
1964

P r e p a r e d by R e s e a r c h D e p a r t m e n t
F e d e r a l R e s e r v e B a n k of St. Lo ui s

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

1962

97-0
99-7
103.3
106.7
108.4
113-0

1963

1 1 8 .0

1957
1958
1959
I960
1961

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

MANPOWER UTILIZATION_____________________________________
Manufacturing Unemployment
Nonawnufacturlng
Employment
Rate
Employment
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Seasonally
Index
of Persons
Index
Adjusted
96.1
99.7
102.2

90
90
91
92
92
92
92

120.4
120.2

74
74
7*
75
75
74
74

89
90
91
92
93
93

120.8
121.5
121.1
121.3
121.6
121.4

72
73
73
74
75
75

117.5
1 1 8 .8

119.3
119-7
119 -8

91.8
100.1

1 0 6 .1

1 0 8 .1
1 0 9 .2

108.1
112.6
117.6

110.0
114.8
120.4

117-6
118.4
118.5
118.7
118.9

119 .a
120.5
122.7
124.1
124 J.
125.5
127-7

119.5
120.6
H9.7
120.2
120.2
120.3

1 1 9 .2

118.5

_________________________ PRODUCTION AND SPENDING_____________________________
Value Added
Check Payments
by Manufacture
Department Store Sales
Seasonally
Millions
Seasonally
Seasonally
Unadjusted
of Dollars
Adjusted
Adjusted
Millions
Adjusted,
Annual Rate
Index h i
of Dollars
Index U
Index
Index H

4.5
5.6
3.7
3-9
4.7
3.6
2.9

2.6
2.8
2.8

2 j6
2.6
2.8
2.9

99.5
98.5
102.0
97.2
95-4
97.4
102.7

8 6 .7

96.1
115.2
123.8
130.5
139-0
145.7

149
127
134
177
178
190
175

146.3
150.3
151.2
150.5
150.7

87 .”8
84.9
101.7
100.4

1 4 9 .6

124.6
19* .2

144

146.0
145.1
156.3
158.2
162.8

146.3

1 0 0 .6

10 3 -0

103.7
101.6
100.6
100.2
101.6
1 0 6 .7

_____________ BANKING ACTIVITY
Business Loans 4/
Seasonally
Adjusted
Index

Millions
of Dollars

91.9
97.9
110.2
110.1
117.0
128.3
157.7

Bank Deposits it/
Seasonally
Adjusted
Index

Millions
of Dollars

95.7
100.2
104.1
107.7
117.2
124.6
135-6

91.1
95.3
113.6
131.9
150.2
154.0
174.6

311
387
338
345
446
341
431

158.4
155.7
164.3
167.2
165.3
175.8
172.2

41
41
44
43
44
45
44

174.2
177-5
184.7
187.3
185.2
183.5
179.2

204
204
211
209
209
211
214

i35.5
135.6
137.5
139.4
140.7
143.7
144.2

394
314
367
352
333

174.4
162.0
158.4
154.5
155.1
149.9

44
44
43
43
44

181.4
186.0
191.1
184.7

218
214
217
219
212
217

144.1
140.9
143.6
145.8
140.2
144.0

iSSt
Jan.
Feb.
Mar.
Apr.
.May
June




126.3
125.5
1 2 6 .6
1 2 6 .6

127.7
126.3

2.5
3.1
2.4
2.2
2.2
2.7

168

149
145
167
155

1 6 8 .2

77.3
78.6
98.5
100.4
113.4
100.9

1 0 9 .6

112.4
1 0 6 .1

109.5
112.7
117.7

362

43

1 6 0 .1

189.4

Production and Spending
Manpow er Utilization

Evansville Metropolitan Area

Banking Activity

Department Store Sales
120
110

100

90

Check Payments
160
140
120

100

1962

1963

1964

P r e p o ret) by R « * « a rch De p o rt m e n t
F e d e r a l R e s e r v e B an k of St. Louis

*4*5

94.0
96.9
100.0

102 a
96.7
99-3
100.2
lo ia
103.2
105.6

113 .7
95.5
90.8
86.5
83.9
88a
91.6

6.6
10.5
8.4
6.6
6.8
5.0
4a

111.2
99.9
88.9
100.6
9^.7
107.2
117.4

1

106.9
97.*
95.7

1957
1956
1959
I960
1961
1962
1963

____________ PRODUCTION A5D SFgSDIBG_____________________________
Value Added
1/ Check Payments
by Manufacture
IHIHnn.
Seasonally
Seasonally
Seasonally
of Dollars
Adjusted .
Unadjusted
Adjusted, Millions
Annual Rate
latex U
Index
Index H of Dollars

|

MAKPOtfER PnUZAnOB_________
_________________________
Total Payroll
Bor— raifatrtturfng .
Unemployment
Manufacturing
Qcployaent
Employment
Rate
_____ _________________
Seasonally
Seasonally
Seasonally
fiaaaoaaUr
Adjusted
thousands
Adjusted
Adjusted
Averages of Persons
Index
csf Persons
Index
Adjusted
Index

BAIQCCKg ACTIVITY
Business Loans it/
Seasonally
Adjusted
Index

Millions
of Dollars

103.0
97.3
99.7
101.3
102.5
112.9
119.7

109.1
94.4
96.5
97.8
96.5
104.0
106.7

Bank Deposits it/
Seasonally
Adjusted
Index

Millions
of Dollars

92.1
95.4
112.5
125.1
129.0
142.3
154.4

100.0
100.4
99.6
99.9
111.8
117.0
122.6

m
Jane
July
An«.
Oct.
Bo*.
Dee.

66
68
67
67
67
67
66

100.6
101.0
99.9
100.4
100.4
100.7
1CB..3

42
42
42
42
42
42
42

106.3
106.9
10 6 a
10 7^
107 JL
106.6
106 JL

92.4
92.7
91.3
90.9
90.9
92.4
94.6

3.9
3.7
4.2
3.9
4a
4a
3.8

376
321
315
353
327
340
321

66
66
66
66
67
67

ioe .5
10L.5
101.4
99.5
99*2
99.7

40
40
40
40
41
41

10 6 a
105.8
105.7
io ta
105.2
105.4

97.5
95.3
95.3
93.1
90.9

3.7
3.4
3*3
3.2
3-6
3.9

317
357
316
336
379
349

116.2
116.9
118 .1
119.6
124.3
127.3

126.4
96.2
117.4
106.5
101.0
115-7
175.7

113.4
115.7
110.2
107.0
100.9
99.0
100.2

212
244
213
202
231
217
233

12 1.1
121.1
122.3
120.9
120.3
124.0
126.7

47
45
46
46
47

153.5
155.4
155.8
155.8
158.1
159.7
158.1

166
167
168
168
169
172
170

122.8
123.4
125.6
125.0
125.7
125.8
124.6

127.0
126 a
129.8
125.0
122.6
124.2

66.5
65.3
84.3
90.4
96.7
92.3

101.2
99-3
97.6
97.6
95.6
94.3

260
205
220
219
227
24l

126.0
126.0
124.4
125.0
127.5
127.3

47
47
49
50
53
54

149.5
151.5
157.I
162.4
168.6
173.3

172
171
175
178
182
185

125.9
126.9
131.5
132.4
135.2
135.5

IE l.O

46
&

i2 »
te .
M r.
Apr.
•My
for Jttss
FRASER

Digitized


9L*

M anpow er Utilization
S e o so o a lly A djusted

Springfield Metropolitan Area

Banking Activity
S e a s o n a l l y Adjusted

F e d e ra l Keserve Bank of St. Louis

mgpqtfER Pim ZATIOi

Asaaol
Averages

M d Payroll
ta& ovau t
Seasonally
jhaitsuAi
Adjusted
of Parsons
Index

1957
1958
1959
I 960
1961

10 0 .0

1962

Irw— n ifarfurln f
Employment
Seasonally
ThtiMOTrte
Adjusted
of Person*
Index

Ubeqploymeat
Rate
Seasonally
Adjusted

1C*.*
93*0

87*5
100.3

5**
6 .*

112*2
12* .6

109.6

102.6
106.8
106 a

1 1 0 .9

1 0 7 .2

111*6

105*8

121*2
127-6

* .5
6 .6
5-8
5*5
4 .6

9 4 .9

105 a
1 1 1 .5

1963

Manufacturing
Bnployment
Seasonally
Adjusted
Index

119**

_________________________ PFODDCTIOH ARP SPEKDIKO_________________________________________________ BAKKIKO ACTIVITY
Demand Deposits of
Value Added
Individuals , Businesses
try Manufacture
Cbeck Payment*
Deportment Store Soles
Total Loans £/
and Local Government6
Seasonally
Seasonally
Millions
Seasonally
Seasonally
Seasonally
Adjusted
Adjusted
Unadjusted
Adjusted
of Dollars
Millions
Unadjusted
Adjusted
Unadjusted
Adjusted
Annual Rate
Index 1/
Index
Index 1/
Index y
of Dollars
Index
Index
Index
Index
96-7

99-2
111.0

10 0.0
99.8
102.6
107*6

116 *1
1 2 6 .0

138.3
145*6

92.8

93.0
95.7
111.3
124.6
128.7
140.3
157.4

8 9 .8

96-5
96-5
107 a

102.0
101*3

110*8
115.2
1 2 5 .0

134.1

1G1.0
1 0 6 .2

106.4
110.0
115.2

120. k

±2§2

Jane
July
**•
Sept.
Oct.
lav*
See.

*1
41
41
41
41
41
41

41
41
41
41
 4f;
Jmm
42
http://fraser.stlouisfed.org/
Jon.
M b.
Mar*
Apr.

UUL.6
1 11.0
121.8
112 a
112 JL
112 .3
11 2 a

29
29
29
29
29
29
29

I06J.
105.3
105.7
106.1
105.7
105.7
105.3

127*8
126.7
128.8
126.8
129.9
130.9
130.9

5.0
4 .7
4.7
3*9
3.7
4.3
4 .9

131
116
127
126
105
117
97

145.6
145.4
144*8
146.0
145.3
145.6
146.?

97.7
97.4
1 1 1 .9
123.3
97.4
127.3
194.5

10 k.9
106.3
106.6
107.8
109.4
111.7
1 1 1 .5

130
15k
1*7
lk6
152
140
149

13 1 .7
133.5
138.9
135.5
134.3
136.6
139.3

157.5
15 7.7
159.8
164.9
1 7 1 .3
163.4
178.5

154.9
158.5
157.3
162.4
167.6
162.6
I69.8

ll6TB
117 .9
119 .7
127-4
128.6
126.9
133.4

119 .5
120.8
12 1.9
123.3
123.9
123.0
122.7

1 1 5 .9
116 .5
115 .4
114.3
U 5 .7
1 1 5 .1

26

109 JL
110 .2
109.5
108.7
109.5
109*8

135.2
134 a
132.0
129*9
13 3 .1
129.9

4 .7
3*9
3.2
3.4
3.5
3*3

102
113
103
110
138
118

148*8
149.2
159.0
154.0
155.2
156a

68.9
74.4
101.2
10k.9
116.6
106.4

1 1 1 .5
110.6
109.2
110.4
112 a
116 .7

157
127
153
152
146
152

141.6
144.9
147.6
147.3
143.0
139JL

17 7 .7
153.7
167.5
165.6
168.6
168.3

182.9
158.4
174 .1
16 7.2
172 .9
165.4

124.7
122.7
126.9
133 .1
125.8
129.9

125.9
126.3
130.9
135.9
132.5
133.0

Federal Reserve Bank of St. Louis

28
29
29
29
30

2/

Manpower Utilization

Fort Smith Metropolitan Area
Production and Spending

Banking Activity
Se a s o n a ll y Adjusted

Total Loans

1957-59=100

1957-59=100

Check Payments

1962

1962

1964

1963

1963

1964

P r e p a r e d by R e s e a r c h D e p a r t m e n t
F e d e r a l R e s e r v e B a n k of St. Loui s

Chart 'vertical scales are about one-half the else of tboee used for other areas.
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Enployaent
Seasonally
Adjusted
Thousands
Index
of Persons

Employment
Seasonally
Adjusted
Index

Thousands
of Persons

98.3
101.0
X00.7
96.4
101J.
121.6
126.4

1957
1958
1959
1960
1961
1962
1963

Manufacturing
Br^loyncnt _
Seasonally
Adjusted
Index

UunqxLoynest
Rate
Seasonally
Adjusted

99*8
1QL.7
98.5
92*7
97*2
114.7
121.3

1 3 6 .2

4.6
5.9
4.8
6.6
6.3
4.6
4.4

95.2
99*9
104.9
103-5
108.5
135.4

PRODUCTION AND SPENDING
Value Added
Department Store Sales
by Manufacture
Millions
Seasonally
Seasonally
Adjusted
of Dollars
Unadjusted
Adjusted
Annual Rate
Index 1/
Index 1/
Index

BANKING ACTIVITY
Check Payments
Seasonally
Adjusted
index 3/

Millions
of Dollars

102.0
100.3
97.8
91.4
96.9
107.8
114.1

87.6
59.9
110.5
116.1
122.3
1 3 1 .8

142.5

Total Loans 1/
Seasonally
Adjusted
Index

Unadjusted
Index

95.6
96.7
105.5
105.0
114.8
136.7
150.9

Bank Deposits TJ
Seasonal ly
Adjusted
Index

Unadjusted
Index

95.6

143.5

93.8
100.5
105.7
10b. 2
116.4
136.2

1 6 0 .8

1 5 0 .1

9 6 .0

108.5
115.7
1 2 5 .8

122,
June
July
Au«.
Sept.
Oct.
Bov.
Bee.

29
30
30
30
30
30
29

125.3
127.8
126.3
126.3
126.7
128.3
127*0

lfi
19
19
19
19
19
19

121.6
122.2
122.2
122.9
122.2
122.2
121.6

132.4
136.7
139*9
138.7
142.1
139-9
137.4

4.8
4.7
4.2
4.7
3.6
4.2
4.0

29
29
30
30
30
DigitizedJmfor
m FRASER
30

127-8
126.4
127*7
127-9

18
16
18
19
19
19

120.9
121.6
120.4
121.7
123*6
224*2

141.2
136a
138.0
139.2
136a
138.7

3.6
3.9
3.9
3.6
4.3
4.4

84

1 3 9 .6

81
80
82

139*2
142.5
143.1
143.5
146.1
149.8

77
80

71

111.3
107.5
113.4
110.9
108.4
137.2
203.3

122.3
122.6
1 1 6 .1

112.3
108.9
109.5
110.1

69
100
95
93
99
89
99

151.3
150.6
154.9
152.2
151.3
154.6
156.6

101
86
95
102
110
96

159.9
159.4
162.4
171.2

1 6 2 .8

160.6

161.5
162.2
164.0
165.5

1 6 1 .2

1 6 6 .0

167.2

161.7
164.2
164.6
165.9
166.5

150.6
151.3
150.9
154.9
156.3
157-4
162.5

150.8
150.5
152 a
156.2
153.8
154.5
156.5

iS £
Jen.
BA.
M ar.

1 2 6 .6

12 9 *2



66

to
72
78
75
80

148.7
147.2
147.4
143.5
139.9
139.9

77.4
8 1 .6

99.6
102.5
114.6
1 0 3 .8

1 1 3 .0
1 1 3 .8

114.0
114.1
116.4
118.2

1 6 6 .9

166.4

1 6 8 .6

173.5
174.7
178.2
177.8
180.3

170.8
177.4
176.6
176.8
175.5
177.8

155.9
157.1
158.8
156.6
167.8
174.9

157.1
1 6 0 .1
1 6 2 .2

156.9
170.3
175.0

June 1964
(In millions)

i/

June 1964
compared with
June '
May 1964

25.0

1

CV|




CHECK PAYMENTS IN THIRTEEN MEDIUM-SIZE CITIES

-

El Dorado, Ark*

42.9

+

8

+ 17

Greenville, Miss.

43.4

+

1

-

Hannibal, Mo.

17.3

+

18

+ 13

Helena, Ark.

16 .2

+

20

+ 17

Jackson, Tenn.

43*9

+ 13

Cape Girardeau, Mo*

Jefferson City, Mo.

$

182.5

-

26

+

5

26

+ 39

Owensboro, Ky.

78.7

+ 15

+

6

Paducah, Ky.

52.9

-

2

+

8

Pine Bluff, Ark.

67.7

+

9

+ 17

Quincy, m .

74.3

+

20

+

22

Seda]la, Mo.

25.3

+

2

+

1

Texarkana, Ark.

38.8

+

11

+

9

1/ Debits to demand deposit accounts, except interbank and U.S. Government accounts.
Released July 30, 1964,
Monthly data for i960-62 is available on request to the
Research Department, Federal Reserve Bank of St. Louis.