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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
MARCH-APRIL 1970
METROPOLITAN AREA ACTIVITY
EIGHT AREA
SUMMARY
ST. LOUIS

EVANSVILLE

LOUISVILLE

SPRINGFIELD, MO.

MEMPHIS

FORT SMITH

LITTLE ROCK

PINE BLUFF




STATE ACTIVITY
SUMMARY

MISSISSIPPI

ARKANSAS

MISSOURI

KENTUCKY

T EN N ES SE E

CHECK PAYMENTS 11 OTHER CITIES

Prepared by Federal Reserve Bank of St. Louis
Released: April 30, 1970




The Data
These data are presented as an aid for the analysis of
economic developments in the Central Mississippi Valley.
T h e emphasis is on economic activity in the metropolitan
areas and five states completely or partially within the
Eighth Federal Reserve D istrict.
Because of the com­
plexity 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 fluc­
tuations, the index of check payments is an average of the
indexes for three months and is centered on the middle month.
Basic employment data are developed by the respective
State Employment Security Offices.
Th e data for total loans and total deposits of member
banks are averages of data for the last Wednesday of the
preceding month, the Wednesday preceding the 15th of the
current month, and the last Wednesday of the current month.

Check payments are reported monthly by all or a sample
of commercial banks in each area.
Check payments are
debits to demand deposit accounts, except interbank and U.S.
Government accounts, and the index is also adjusted for
number of trading days in each month.

The consolidated employment indexes are based on com­
bined data from the metropolitan areas.
The consolidated
index for check payments is based on reports from the 8
metropolitan areas and 11 other centers and includes 138
respondent banks. The consolidated banking indexes include
all member banks in the Eighth Federal Reserve D istrict.

National data are from reports of the Department of Labor
and the Board of Governors of the Federal Reserve System.

Basic state personal income figures are obtained from
Business Week, and farm cash receipts data are developed by
the U. S. Department of Agriculture.

Footnotes for charts:
1. A ll member banks
2. Three-month moving averages (except latest month, which
is a two-month average)

3. Annual figures are totals for the year.
are cumulative (year to date).
4. Millions of dollars
n.a. - Not available

Monthly figures

Explanatory Comments

All employment data for the metropolitan areas of St. Louis,
Louisville, Memphis, Evansville, and Springfield and for the states of
Arkansas and Tennessee have been revised to a 1969 benchmark level.
New seasonal adjustment factors have been computed for bank loan and
deposit data for the United States and for all metropolitan areas.
Personal income data for Arkansas and Tennessee and total employment
data and the unemployment rate for the United States have also been
revised.
Revised data are not yet available for all metropolitan
areas and states included in this release. Therefore, the pages
entitled "Eight Central Mississippi Valley Metropolitan Areas" and
"State Summary" are not included.

St. Louis Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
ol‘ Persons Index

I960
196^
1966
1967
1968
1969

Nonmanufacturlng
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

101.0

102.1

109.3
U5o
117.9
119.9
122.3

113.7

120.2

123.4
126.9

131.0

SPENDING

BANKING ACTIVITY

Manufacturing
Employment
Seasonally
Adjusted
Index
99.2
101.7
107.4
108.4

107.8
107.2

Unemployment
Rate
Seasonally
Adjusted

Total Loans
Seasonally
Adjusted
Index

Millions
of Dollars

Bank Deposits
Seasonally
Adjusted
Index

Millions
of Dollars

112.6

4.7
3.5
3.3
3-4
3.4
3.5

Check Payments
Seasonally
Adjusted
Index

Millions
of Dollars

99.6
130.5
133.3
142.4
150.4
151.1

162.7
179.9
I83.8

192.0
210.4

112.9

180.0
201.3

226.0
247.2
278.9

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.

866
863
873

888
891

906

904
899

906
906

907

912

118.1
118.1
118.6
119.2
119.6
120.0
120.6
121.0
120.7

121.1
121.1
121.2

898
882

122.3

901
915
905
917
915
911
921

122*5

921
921
924

897

880
898




120.8
122.8

577
579
585
595
599

608
608
606
609
612
614

618
604
605
607

124.5
124.9
125.4
125.7
126.3
126.5
127.4
128.3
127.7

128.2
128.8
129.1
130.4
130.5

130.2

121.5
121.5

122.0

620
623
626
620

122.7

613

130.0

627
629

130.9

131.2

106.9

106.2
106.9
107.8
107.9

108.6
108.6
108.3
108.5

108.6

107.7
107.5

108.2
103.9
109.1
108.7
104.6

130.4
129.9

105.8
108.1
110.1

131.4

131.8

107.7
107.4

631
634

132.3
132.5

107.0
106.2

122.2

614

121.5

615
618

132.4
132.6
132.5

102.2

122.8

122.9
123.1
122.9

122.2

104.4
104.1

3.7
3.3
3.6
3.5
3.4
3.5
3.4
3.4
3.4
3.4
3.5
3.1

2,137
2,091

2,088
2,118

2,130
2,134
2,144

187.7

3,621
3,527

188.5

3,1*82
3,1*50
3,1*85
3,1*80
3,513
3,553
3,584
3,630
3,714

188.0
190.6
191.6
190.6

2,218

189.4
190.4
191.4
195.4
199.0

2,274

201.2

2,334
2,301
2,285
2,296
2,324
2,369
2,432
2,419
2,403
2,379

204.2
206.3
206.5

2,152
2,161
2,194

3,810
3,882

3.1
3.1
3.1
3.1
3.4
3.9
3.7
3.7
3.7
3.6
3.7
3.9

2,360

212.2
212.0

2,424

214.1

3,624
3,558
3,539
3,466
3,463
3,509
3,512
3,603

4.4
4.7
4.4

2,455
2,424
2,426

214.2
216.9
219.3

3,645
3,422
3,380

206.8
209.0
211.4
214.8
214.3
213.5

3,698
3,596

3,602

148.5
148.8
148.9
147.6
148.0
148.3
148.8

8,180

151.6

7,761

151.3

152.2

8,235

6,898

7,299
7,798
7,952
7,706

8,101
8,777

233.7
228.7
230.9
233.7
237.2

238.2
245.0
254.0

260.2
264.3

154.7
155.9

8,208
9,621

159.1
155.7
153.9
154.3
153.5

9,686

272.6

7,763
8,841
8,944

151.8

8,562
9,206

150.3
147.9
146.3
147.3
146.3
147.2

9,170
8,229
9,299
9,929
8,352
10,439

271.1
271.9
271.1
269.7
269.O
274.2
283.7

149.2
144.0
144.7

11,755
10,474
12,337

268.0
273.0

289.2
290.4

288.2
295.9

310.0
323.9

328.0

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

fetal Piyw ll EapbyMat

1957-59=100

1957-59=100

Total Lo u s

ST. LOUIS
MISSOURI
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
MARCH 1970

320
300

St. Louis U.S.

280

Total Payroll Employment — 0.2

260

Total Deposits

—6.0

—0.9

240

Check Payments

+20.6

+12.7

+1.9

220

Spending

200

Seasonally Adjusted

180

Check Payneits

1957-59=100

1957-59=100

400

400

240 360

360

220 320

u .s.

320

^ ------- --

200 280

280
ST. LOUIS

180 240

1968




1969

1970

160 200

200

140 160

160

120 120

1968

1969

1970

’"Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

240

11111111111

1l 11 l 1 1 l 1 i 1

1968

1969

1 1 11 11 11 1 11.

120

1970

P rep ared by Fed eral Reserve Bank of St. Louis

Louisville Metropolitan Area

Annual
Averages
I960
1965

Nonuanufacturlng
Employment
Seasonally
Thousands Adjusted
Index
of Persons

102.0
11*.3
118.2
123.6

99.6
111.5

1966
1967
1968
1969

116.2

122.7
128.3

Manufacturing
Employment
Seasonally
Adjusted
Index
95-6
106.5

112.8

121.3

Unemployment
Rate
Seasonally
Adjusted

Total Loans i/
Seasonally
Adjusted
Millions
Index
of Dollars

6.6

127.6

2.6

13*.5

2.7

June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
•toy
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.

299
301

302

305
312
315
314
317
319
305

125.3
126.3

126.8
127.0
128.0

189

190

125.7
126.7

12*.7
125.6
126.*
126.2
128.0
128.8

192
196

127.0
128.0
128.*
128.6

324
327

131.6

200
202
201
201
202
202
20*

132.5

205

320

13*.1
135.0
135.7

199

322
323

331
336
337
335
337
339
327
327

135.8
137.2
137.9
137.0
137.*
137.9
132.5
132.7

317
330

133.0
138.4
139.3

326

332




128.5
128.7
129.9

130.0

12*. 7

136.6

200
201
206
210

213
21*
215

216

217
219

220
212
212
213

127.*

129.*

129.6

130.7
131-*
131.5

2.7

132.0

2.6
2.6
2.8
2.7
2.7
2.7
2.7
2.6
2.*
2.*

13*.*

2.3

128.9
130.7
130.7
114.4

132.*
132.8

138.8

133.3
13*.2
13*.7
135.8
137.2
137.9
138.9
1 *0.1
1*0.7
1*0.9

139-7
1*0.9
137.8
139.7
139.2
135.3
13**9
13*.2
H 8.3
118.5

1 *1.1
1 *1.1
1 *1 .*

133.8
135.7

137.2

119.0

2.3
2.3

2.2
2.2
2.6

667

6*0
615

218.3
217.5
215.9

629
6*9

219.2
22*.7

65*
677

673
699
709
7*2

225.*
229.1
233-5
233.2
238.3
2*0.2
2*3.*

737
711

2*1 .*
2*1.6

680

712
728
736
759

2.9
3-1
3-1
3.2
3-1
3.0
2.9

780
801
82*
87*

3-3
3-*
3-2

873
840
839

786
778

2*9.7
253.*
25*.9

261.6
265.6
266.7
271.2
273-3

278.6
286.2
285.9

285.6
29*.5

Check Payments
Seasonally
Adjusted .
Millions
Index £/
of Dollars

99.7

103.*

15*. 3

181.8

13*.2
1 *1.0

228.2
262.0

1968
Jan.
Fab.
Mar.
Apr.

Bank Deposits i/
Seasonally
Millions
Adjusted
Index
of Dollars

113.*
169.7
191.1
206.*

3.5
3.0
3-0

136.6

128.7

135.8

__________ SPENDING___________

BANKING ACTIVITY

MANPOWER UHLIZATION

Total Payroll
Esployuent
Seasonally
Thousands Adjusted
of Persona1 Index

156.1

173.3

171.0
18*.8
1,180
1,138

163.5
165.*

1,097
1,125

168.1

1,108

1,128
1 ,1*8
1,158

1,156
1 ,18*

166.2

165.9
168.7

170.6
17*.*

17*.0
176.1

1,202
1,300

177.8
181.7

1,309
1,227
1 ,21*

178.*
182.2

1,226

1,235
1,239
1,2*7

181.5

185.3

18*.*
185.5
185.5
185.1

205.2
231.*

2,1<U.
1,783
1,753
1,855
1,9*2
1 ,8*6
2,176
1,937
1,89*
2,07*
1,9*2
2,315
2,296

197.1
196.9
196.3

196.0
200.6
206.5

209.6
209.9
208.9
209.3
21*.5
216.3
221.7

1,93*
2,0*2

221.0
22*.0
226.2

2,152

232.5
236.5

2,096

2,306

1,225
1,257
1,277
1,35*

188.7
188.3

2,056

236.2
23*.0
23*.0
234.0
236.9

2,617

240.1

1,332
1,2*7
1,231

18*.7
181.2
18*.8

2,520
2,0*5
2,2**

2*1.1
238.0

1,230

185.2
187.2

2,350
2,089

2,160
2,390

233.3

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Enployncnt

1957-59=100

1957-59=100

Totll LoMS

LOUISVILLE
KENTUCKY
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
MARCH 1970

320
300

Louisville U.S.

280

Total Payroll Employment +2.7

260

Total Deposits

+1.4

—0.9

240

Check Payments

+4.2

+12.7

+1.9

220

Spending

200

Seasonally Adjusted

180

Check Payments

1957-59=100

1957-59=100

400

400

240 360

360

220 320

U.S.

320

---------'

200 280

280

180 240

^

-------------------

LOUISVILLE

160 200

200

140 160

1968




1969

120 120

1970

1968

1969

1970

“Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

240

160
11111111111

11 11 1 1 1 1 1 1 1

1968

1969

11l l l i

11 111 ,

120

1970

Prep ared by Fed eral Reserve Bank of St. Louis

Memphis Metropolitan Area
MANPOWER UTILIZATION

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.

250
251
253
255

260
263
264
265
267
267

270
272
266
267

268
270
271
275
275
275
275

276

275
276

270
272
271




103.9
112.5

125.9

131.8

123.2
129.8

137.5
1*3.3

136.7
142.6

133.9
135.0
135.5
135.8
137-1
137.5
137-8

132.0
131.6

Seasonally
Adjusted

Total Loans
is ±1
Seasonally
Adjusted
Index

Millions
of Dollars

4.8
3-7
2-9
3.1
3-0
2.9

110.9
19*.5
204.0

3.2
3.3
3.1
3-1
3-0
2-9
3.1
3.1
3.0

138.8
138.8

137.7

139.2
140.1
141.0

139.5
141.6
142.3

2.8
2.8
2.8

142.3
144.1
144.1
144.3
144.1
144.5
144.3
143.6
141.4
140.7
138.9
138.4

2.7
2.3
2.7
2.7
2.9
3.0
2.9
2.9
3.0
3.1
3.2
3.2

238.7
242.9
244.0
245.9

213
214
215

141.9
142.4
142.3
143.1
142.2
143-3
143.5
1*3.5
1*3.5
144.6
144.3
144.5

210
211
210

146.1
146.7
1*5.5

138.2
140.7
140.0

3.0
2.9
3.2

193
193
195
197

142.0
142.8
142.7
143.4
142.7
143.6
143.7
143.5
143.0
143.7
143.0
143.1

204
204
205
207

144.3
145.3
144.2

200
202

203
204
205
205

208
210

208
211
211
211
212

132.3
133.6

136.6
136.4

138.0
138.6

250.1
250.8

Check Payments
Seasonally
Adjusted
Index

Millions
of Dollaurs

106.3

112.8

177.8
197.3

170.3
189.3
199.9

171.6

219.8

235.2
235.8
239-9
243.4
245.8
241.9
240.5
236.7
237.2
241.8
245.7
238.5

133-5
134.2
134.8
135.4
137.0
137.2
137.8
138.5
138.7
139.3
140.5
141.3

Bank Deposits
Seasonally
Adjusted
Index

Millions
of Dollaurs

212.0

240.2
247.5
£ * 8 s ? so n?v j isOs^ Osd so sro8Hs

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

119.2

Uneaployaent
Rate

f o v n v / i N O N O v n 'S u b fo v / i

1969

1968

104.0

103.9
117-7
125.3
131.3
137A
143.1

1966
1967
1968

SPENDING

BANKING ACTIVITY

Manufacturing
Eaploynent
Seasonally
Adjusted
Index

O n (fs -o vo vo

I960
1965

Boneanufacturlng
Eaployaent
Seasonally
Thousands Adjusted
of Persons
Index

<T\

Annual
Averages

Total Payroll
Eaployeent
Seasonally
Thousands Adjusted
of Persona1 Index

22*.0
2*5.8

213.5
1,362
1,339
1,32*

1,326

1,351
1,339
1,338
1,3*5
1,365
1,397

1,*50

l,*8o

l,*63
1,375
1,376
1,383
1,381
1,358
1,3**
1,3*2
1,3*6
1,363
1,382

206.2
210.2
208.8
209.2
212.7

211.0
210.*
212.*
212.6
213.5
217.5

219.6

221.5
215.7

217.0
217.7

216.0
21* .0
212.0

2,031

1,806
2,000
1,932
1,965
1,77*
2,023
1,971
1,885
2,109
2,0*1
2,256

2,236
1,879
2,039

2,210
2,101

2,157
2,167
1,992
2,139
2,390
2,21*

218.5
227.0
233.2
23*.9

226.2
225.9

228.1

233.0
221.9
208.3
209.5

222.0

237.*
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0

252.5
252.3
252.4
2*8.7
2*2.7
2*8.7

1,*22

210.2

2,568

246.9

2*1.2
2*0.9
251.3

l,*07
1,330
1,362

213.1
208.7

21*.9

2,*39
2,053
2,*07

261.5
270.7
273.*

211.7
209.9
206.7
207.*

231.6

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Htal PaynH Eopbyeetl

1957-59=100 1957-59=100

Total LOIRS

1957-59=100
380
360
340

MEMPHIS
TENNESSEE
METROPOLITAN AREA
PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
MARCH 1970

320
300

Memphis U.S.

280

Total Payroll Employment

260
240

+1.1

+1.9

Total Deposits

—1.0

— 0.9

Check Payments

+9.5

+12.7

220

Spending

200

1968




1969

1970

1968

1969

1970

^Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

1968

1969

1970

Prep ared by Fed eral Reserve Bank of St. Louis

Little Rock Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

1962

113.0

1963

119.2
124.2
130.5
137.1*
141.0
143.1

1964

1965
1966
1967
1968
1968
Jan •
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

113
115

116
116
116

119
120
120

118
117
117
117

152.3
153.4
158.4
159.0

9>
9*
93

143.2
142.9
141.0
141.2
141.3
142,2
141.6
140.8
142.0
142.6
lfe*
141.9

91 E
9L E
91 E

143.4
144.2
141.3

148.0
148.6
146.0




2.8
2.6

91
91
91
91
92
94

118 E
119 E
U 8E

E- Estimated

3.7
3.3
3.0
2.8
2.5
2.9
2.7

151.3
151.7
151.3
150.3
152.2
152.6
152.6
152.1
150.3
149.8
150.5
149.7

1970
Jan.
Feb.
Mar.

122
122

9*

94

94

Seasonally
Adjusted

114.8
121.2
128.5
135.7
143.9
147-9
151.2

139.7
142.6
141.9
141.2
140.4
141.3
141.8
141.9
140.6
140.5
140.3
139.9

122
121
121
121
120

118

Unemployment
Rate

112.5
118.6
123.1
129.1
135.6
139.2
141.0
89
90
91
91
91
94
95
94
93
92
92
92

145.1
145.0
144.5
144.9
145.5
146.7
146.8
145.9
146.3
147.0
147.6
145.8

117
117

BANKING ACTIVITY

Manufacturing
Employment
Seasonally
Adjusted
Index

142.1
144.4
143.8
143.1
142.8
143.6
144.0
144.0
142.6
142.4
142.4
141.9

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

116
116

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

162.1

164.7

166.9
165.8
163.6
164,1
164,6

2.9
2.8
2.8
2.5
2.5
2.4
2.4
2.6

2.8
2.9
2.1
2.4
2.5
2.6
2.3
2.3
2.5
2.5
2.4
2.4

161.0

2.6
2.9

166.3
166.0
164.1

2.9
3.1

2.3

Total Loans
Seasonally
Adjusted
Index

Millions
of Dollars

263

260
258
264
265
269

270
276

274

282
286
292
294
283

287
294
299
302
313
312
311
318
321
311
316
316
318

SPENDING
Bank Deposits
Seasonally
Adjusted
Index

Millions
of Dollars

I67.O

192.6

136.8

126.3

221.7
259.0
282.7
299.2
319.5

146.7
160.7
173.5

305.4
309.6

308.6
312.2
312.1
316.1
316.8
323.2
324.5
329.5
333.4
342.2
341J.
336.8
3*3.8
3*7.9
352J.
355.*

366.1

365.2
368.9
370.7
373*1

450
441
439
440
442
444
456
464
464
474
*85
509

502
471
467

474
474
*66
*70
*71
474

492
504

512

366.6

507
476
473

192.0
195.2
195.6

19*.0
195.7
197.3
200.5
204.1
205.3
206.5
208.3
215.1
213.7

208.6
208.0
208.9

209.2
207.5
206.7
207.*

210.2
214.3
216.3
215.4

Seasonally
Adjusted ,
Index S/
128.3
157.7
164.1
183.4
206.3
214.3
239.1

186.1
200.8

365.3

376.8
381.4

Millions
of Dollars

601
500
5*2
596

588
520
615
569

632
632
561
634
697
558
563
6*5
581
652

223.4

226.2
235.7
235.6
234.8
230.7
237.9
254.0
255.3
250.5
241.3
246.0
255.1

251.8
25*.6

2*7.7

258J.
257.7

666

268.9

619

27*.9

663
679
590
727

215.8

739

210.7
210.7

6*1
685

271.6
865*2
259*2
271.3

$?.<?
290J.

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Eaployaeal

1957-59=100 1957-59=100

Totil LOWS

LITTLE ROCK
ARKANSAS
METROPOLITAN AREA

1957-59=100
430
410

PERCENTAGE CHANGE
Seasonally Adjusted Index

390

Year Ending
MARCH 1970

370
350

Little Rock U.S.

330

Total Payroll Employment +1.0

310

Total Deposits

290

Check Payments

+1.9

+1.7

—0.9

+13.9

+12.7

270

Spending

250

Seasonally Adjusted

Check Paynents

230 1957

1957-59=100

400

400

240 360

360

220 320

U.S.

320

------ ^

280

200 280
180 240

1968




1969

1970

1968

1969

1970

*Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

240

LITTLE RO CK

160 200

200

140 160

160

120 120

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 i i I 1- l l 1 l l 1 l 1

1968

1969

1970

120

P rep ared by Fed eral Reserve Bank of St. Louis

Evansville Metropolitan Area

UAl
rages
I960
196^

Nonnanufacturlng
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

9U .9
111.8

1966
1967
1968
1969

99-8
114.9
118.4

117.9
120.7
123.7

Manufacturing
Employment
Seasonally
Adjusted
Index
87.5
107.1
117.1

121.2
127.0

119.8
118.8

129.5

122.3

51
52
53
53
54
54
54
55
55
55
55
55

124.3

121.8

125.8

122.9
120.4

128.8

120.4
U 8.9
120.4

53
53
53
54
55
55
55
56
56
55
56
56

128.6
128.8

121.1
122.1

128.4

122.9

126.6

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

Unemployment
Rate
Seasonally
Adjusted

Total Loans y
Seasonally
Adjusted
Millions
Index
of Dollars

6.4
3-5
2.9
3.5
3.3
3.4

Bank Deposits i/
Seasonally
Millions
Adjusted
Index
of Dollars

Check Payments
Seasonally
Millions
Adjusted .
of Dollars
Index y

100.6

113-9
173.1

190.2
207.2

146.9
160.7
174.9

219.3
243.7

205.1

101.3

150.2

161.7
179.9
191.7
198.4

192.8

1968
Jan •
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
ar.
pr.
«ay
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.

85

86
86
87
87

86
86
88
88
88
88
89

123.3
124.6
124.0
124.5

123.6
120.3
120.9

123*6
124.8

125.0
124.6
125.5

87
87

125.6
126.2
126.2
126.2

89
91
90
91
90
90
90
90

126.5

88
88

127.2
127.0
127.3

126.6

126.7

127.2
127.0

88

127.2

87

126.5
126.7

88




54
54
54

126.5
126.7
126.5

127.0
127.0
127.2
128.1
128.1
128.4

128.8
129.3
129.1
129.3

130.0
130.0

130.3
130.5
130.5

131.0
130.3
130.3

121.1
119.3
110.4

111.8
118.2
119.6

3-1*
3.2
3.3
3.1
3.0
3.9
3.6
3.2
3.3
3.3
3.5
3.1

205

201
204

208
213

212
215
225

225
224

228.3
227.3
228.5

226

224

122.1
121.8

234
238
240
246
238
241
247
248
248

121.4
120.7
121.4

4.0
4.1
4.3

248
246
247

124.3

123.6
123.2

121.4
121.4

215.7
214.4
217.4

222.8
228.6

220

3.1
3.3
3.1
3.3
3.3
3.5
3.5
3.5
3.7
3.6
3.6
3.8

122.1
122.1

212.7

210.2
212.0
213.6

228
232

232.7
238.3
241.8
240.7
240.2
243.1
249.3
240.8
244.5
248.1
251.3
253.4

185.1

447

326

187.8

362

332
335
342
337
341
337
342
346
355
364

190.5

191.6
188.3
191.7
193.*
196.1
197.5

387
405
407
369
505
375
399
461
393
410

368

205.0

350
352
356

202.4
201.9

331

360

190.0

200.0

201.9

202.2
202.3
204.1
205.3
205.3

365
365
357
361
364
369
381

206.6
208.0
208.0
210.2

258.1

381

257.8
256.3

362
365

484
356
394
431
404
417
485
384
427
464

182.8
183.2
190.6
190.1
186.1
191.3
I89.8
199.1

198.8

201.4
197.4
189.4
189.9
189.9
197.3
198.5
197.0
196.3
19^.9
204.1

460

203.8
205.6
202.8
200.1

212.2

506

202.9

209.5
209.4

396

388

436

200.1

200.9

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Eepbymat




1957-59=100

1957-59=100

Total Loins

EVANSVILLE
INDIANA
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
MARCH 1970

320
300

Evansville U.S.

280

Total Payroll Employment +0.4

260

Total Deposits

+3.7

—0.9

240

Check Payments

+1.8

+12.7

+1.9

220

Spending

200

Seasonally Adjusted

180

Check Payments

1957-59=100

1957-59=100

400

400

240 360

360

220 320

U.S.

320

--------- -

200 280

280

180 240

240

160 200

200
EVAN SVILLE

140 160
120 120
^Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

160
11 111111111

11 1l I 11 I 1 i i

II 1 1 1 1 1 1 1 1 1

1968

1969

1970

120

P rep ared by Fed eral Reserve Bank of St. Louis

Springfield Metropolitan Area

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

MANPOWER UTILIZATION
Manufacturing
Nonaanufacturlng
Employment
Employment
Seasonally
Seasonally
Adjusted
Thousands Adjusted
Index
Index
of Persons

I960
1965

111.0

106.8

1966
1967

120.7

126.2
132.6

1968
1969

142.6
148.4

116.5
120.5
126.6
132.0
138.9

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
■ov.
Dec.

51
51
51
53
53
53
53
5*
55
56
56
56

137.6
137.6
138.4
140.8
141.6
141.6
142.1
143.7
145-3
146.9
148.3
147.5

36
36
37
37
38
38
37
38
38
39
39
39

1969
Jan.
Feb.
Mar.
Apr.
M*y
June
July
Aug.
Sept.
Oct.
lov.
Dec.

55
55
5*
55
55
56
55
56
57
57
56
56

147.5
148.0
145.9
146.4
146.9
148.5
148.3
149-9
150J.
150.1
149.3
149.3

38
39
39
40
40
40
39
40
40
41
40
41

1970
Jan.
Feb.
Mar.

55
55
55

148.0
149.3
146.9

40
40
40




129.5
129.5
129.1
130.5

131.2
131.2
131.6

132.3
133.0
134.4
135.7
135.7

BANKING ACTIVITY__________________
Unemployment
Rate
Seasonally
Adjusted

124.7
134.5
144.6
152.2
177.2
178.8

6.4
3.7
3.2
3.3
2.8
3.2

163.9
163.9
168.4
174.1
175.2
175.2
176.3
180.9
185.4
187.6
189.9
185.4

3.0
2.9
2.9
2.8

Total Loans ^
Seasonally
Millions
Adjusted
Index
of Dollars

125*2
210.0

2.8

3.5

64

2.8

2.7

66
66

2.4
2.5
2.4

69
69

68

139.6
138.5
140.3
140.3
139.9
139.9
140.6

170.7
174.1
175.2
177.5
179.7
180.9
182.0
I83.I
179.7
177.5

2.4
2.4
2.3
3.8
3.4
3.7
3.9
4.0
3.1
3.1
3.3
3.3

140.6
142.4
141.0

171.8
171.8
166.2

3.6
3.0
3.7

136.4
137.5
138.2
137.8

138.2

183.1

182.0

68

272.6
264.0
269.3
293.2
297.6
301.5

306.8

316.5
317.0
329.6
334.0
334.0

111

201.6

231.4

266.1

113

197.9
214.1

116

222.8

114
113
113

216.2

116

119

120
123
125

126

126
122
122

78
77
77

122

76
76
77

378.6
375.7
374.3

118
118

80

184.7

218.0

334.0
343.7
344.7
347.6
343.7
359.7
364.1
370.4
379.6
373.8
374.8
379.6

69
70
72
71
73
76
78

110.8
166.3
179.8

160.1

254.5
306.4
359.6
56
57
59

Check Payments
Seasonally
Adjusted
Millions
of Dollars
Index

104.2
152.3

190.3

60
62
62

2.7

Bank Deposits
Seasonally
Adjusted
Millions
Index
of Dollars

__________ SPENDING

123
124
124

126
126
128
126
124

123

216.7

214.7
215.3

248.7

285
242
239
283
271
255
293

300
307
242

263.O
259.9

220.1

272
279
298
264

222.8
228.1

227.9
231.5
233.7
233.3

236.1

234.9
235.0
234.1

232.6
230.0
226.3
221.4

219*2
223.1
225.9

251.6

245.1
243.6
243.9
247.3
250.9
259.0
260.7

219.3

227.7

237.9
240.2
246.9
246.3

270
282
268
296
318
289
314
317
274

261.1

259.1
262.5
262.7
264.7

266.6
268.4
270.4
273.5

318

280.8

332
271
309

288.5
287.7
285.7

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Eaployaeot

1957-59=100

1957-59=100

Total Loans

SPRINGFIELD
MISSOURI
METROPOLITAN AREA

1957-59=100
430
410

PERCENTAGE CHANGE
Seasonally Adjusted Index

390

Year Ending
MARCH 1970

370
350

Springfield U.S.

330

Total Payroll Employment +0.7

310

Total Deposits

290

Check Payments

+1.9

—3.3

— 0.9

+9.4

+12.7

270

Spending

250

Seasonally Adjusted

230

1957-59=100

Check Payments

400

400

240 360

360
U.S.

220 320

320

_

200 280




1969

1970

1969

1970

“Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

240

160 200

200

140 160

160

120 120

1968

280

SPRINGFIELD

180 240

1968

1957-59=100

1 1 1 1 1 1 1 1 1 1 1 ..1.1..1 1 1 1.1 1 1 1 1

1968

1969

11 1M 111 111

1970

120

Prep ared by Fed eral Reserve Bank of St. Louis

Fort Smith Metropolitan Area
BANKING ACTIVITY___________________

MATCHER UTILIZATION

Total Payroll
Annual
Averages

Seasonally
Thousands Adjusted
of Persons Index

1962
1963

Nonnanufacturing
Seasonally
Adjusted
Thousands
Index
of Persons

118.1
126.0
129.2

1964
1965

114.7

121.2
124.7
126.7
133.5
135.1

132.9
139.2
142.8
143.3

1966
1967
1968

132.0

Manufacturing
Enplpynent
Seasonally
Adjusted
Index

Uneaploynent
Rate
Seasons]
Adjust'

Total Loans j/_____
Seasonally
Adjusted
Millions
of Dollars
Index
142.8
160.7
180.4
200.4
208.4
208.3

135.7
137.1
139.6
147.2
152.3
160.7
169.4

6.3
6.9
6.3

164.0
164.2
164.1
164.5

5.4
5.3
5.3
5.4
5.0
4.9
4.6
4.6
4.6
4.6
5.1
4.6

74
75
75
76
77
78
78
77
77
78
78
79

4.9
5.1
5.3
4.6
4.6
4.5
4.2
4.8
4.5
4.6
4.7
4.6

S
81

90
90
91

4.9
4.8
5.4

89
90
90

6.8
6.1

5.2
5.0

134.0
135.3
134.2
133.6
132.4
131.5

41
42
42
42
42
42
42
42
43
43
43
43

143.0
144.0
143.2
142.9
142.5
141.7
142.9
142.7
143.6
143.6
144.3
144.7

43

27
27
27
27
27
27
27
27
27
27
27
27

26

129.3

183.2

26 E
26 E

130.2

184.0

129.9

186.1

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

43
44
43
44
43
43
43

147.4
147.4
147.2
146.9
147.6
146.9
147.0
143.9
14M
145.1
145.0
145.1

1970
Jan.
Feb.
Mar.

42
42 E
43 E

145-5
146.3
146*7

ll

U

E- Estimated




27
27
27

28
28
27
27
27

28

131.0
130.8
131.0

27
27
27

130.2

130.4
129.9

131.8

131.?
130.6
130.0
129.9
130.3
130.4
130.4

128.8
128.6
129.9
129.3

166.1
165.5
170.7

170.2

173.0
174.5
177.8
178.3

183.8
183.4

186.1
186.3
188.9

185.6
185.8

175.6
184.4

183.6
180.2
181.9

82
83

84

86
88
88

117

118

117

213.6

120
118

214.5

117

213.6
215.0

120
120

217.5

123
124

229.5
229.5
237.0
243.5
246.5
249.6
251.3
253.8

251.0
251.8
251.5

189.2

174.9

120

227.6
229.0

160.2

153.2
171.9

182.8

209.7
209.5
210.9
213.1

223^.
225.3

136.7
150.9

160.6
168.2
169.0

209.2

219.2
220.1

_______Check Paynents
Seasonally
Millions
Adjusted
of Dollars
Index

133.9
146.0

213.8

1968
Jan .
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Bank Deposits
Seasonally
Adjusted
Millions
Index
of Dollars

____________SPENDING

126
126
123

122

123
124
125
127
128
127
129

132
133
132

126
127

178.9

180.2
162.5

181.7
186.0
182.0
178.2
182.6
183.9
185.7
185.7
186.7

188.2
189.2
188.5
190.7
193.1
193.1
192.7
195.7
194.3
194.7
197.6
197.4

196.9
194.8
196.3

203.3

180
151
158
167
177
157
193
179

170
192

175
193
!96
15®

195.5
193.6
189.7
194.0
194.5

200.6
202.6

208.7
212.5
210.9
216.5
216.4

2LT.&
215.3

182

212.0

184

212.7
217-8
223.9
238.7
229*3
234.3
231.3
232.8
230*9

182
193
213
186
198

210
180
210
230
203

240.4
236.7

211

236.6

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

T tlll h y r r f b p k p M l

1957-59=100

1957-59=100

Total Loans

FORT SMITH
ARKANSAS
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
MARCH 1970

320
300

Fort Smith U.S.

280

Total Payroll Employment—0.3

260

Total Deposits

+4.5

—0.9

240

Check Payments

+11.6

+12.7

+1.9

220

Spending

200

Seasonally Adjusted

180

Check Payments

1957-59=100

1957-59=100

400

400

240 360

360

220 320

320
U.S.

200 280

280

180 240

240
FORT SMIITH

160 200

200

140 160

1968




1969

1970

1968

1969

1970

^Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

160
1i

11I 111111

1968

i i

1i

i

1ii 1i

1969

i

i i

1i

i

1i

i

1i

I

120

1970

Prep ared by Federal Reserve Bank of St. Louis

Pine Bluff Metropoliton Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
oi' Persons Index

1962

111.6
117.0
124.2

1963
1964

1965

13'..3

1967
1968

141.8
144.2
146.3

i960

1968
Jan.
r'eb.
Mar.
Apr.
Maj
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons
108.5
114.6
123.7
135.7
145.1
H7.9

150.2

18
18
18
18

25
25
25

146.0
147.2
145.7
145.4
146.0
147.2
1*5-9
1*5-3
144.4
147.1
147.8
148.1

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

25
25
25
25
25
25
25
25
25
25
25
25

151.2
151.5
151.7
150.3
1*9.3
149.0
149.5
148.0
147.*
148.T
149.8
149.5

1970
Jan •
Feb.
Mar.

2k
2k
2k

2*
2k
2k
2k
2k

25
2k
2k
2k




150.0
1*9.7
148.3

19
19
19
19
19
19
19
19

1*9.3
151.3
1*9.1
148.7
1*9.9
151.1

150.8
1 *9.8
148.3

BANKING ACTIVITY____________________ _____________________SPENDING

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

120.8
123.7
125.6
129.9
132.3
133.3
135.2

6.8
5.6
4.4
4.0
3.6
4.0
4.0

136.4
135.2

4.5
3.9
4.2
*.3
*.3
3.9
3.8
3.7
3.8
3.1
3.9
4.0

136.0
135.8
13*. 5
135.9

131.8

132.3
133.0

150.8

136.1

151.1
151.7

138.4
137.*

19
19
19
19
19
19
19
19
19
19
19
19

155.1
155.7
155.*
154.3

139.7
139.2
140.8

152.8

19
19
19

Total Loans i/
Seasonally
Millions
Adjusted
of Dollars
Index

182.0
215.2

68
67

69
71
73
73
7*
75
76
76
77

275.8
277.5

283.6
287.3

165.0
183.8

119

119

203.0
202.6

123
127
132

203.8
205.0

126

208.0

123
123
123

207.7

152.7
153.2
151.2
150.3
153.0
153.9
153.9

139.3
137.9
130.4
138.7
139.0
136.1
137.6
136.7

79
78

317.6
327.9
328.3
327.0
324.6
323.8
322.5
313.1
313.1
318.4
320.9
318.4

155.1
15* .7
153*0

13*.9
135.1
134.8

4.6
5.1
5.7

78
79
79

317.6
325.0
329^L

79
76
77
78

120

201.8
201.0
201.2
201.2

296.3
297.5
304.5
304.5

78
79
79
79
79
80

123
119

120

309.0
312.3

162.0
176.9
192.9

197.3
203.4

290.6

308.6

129.4
1 *0.8
148.6

1*1.7
152.7

244.5
256.5
275.5
295.6

68

Check Payments
Seasonal 13
Millions
Adjusted^
of Dollars
Index i

128.1

152.5

3.*
3.6
3.8
3.7
3.7
3.6
3.7
3.6
4.1
4.4
4.8
4.3

138.6

Bank Deposits i/
Seasonally
Millions
Adjusted
of Dollars
Index

118
118
122

121
121
118

115

120
125

128
127

203.7

203.4
204.1
209.5

207.0
206.6
205.3
205.7

202.2

199.0
200.7
205.5
204.9

201.2

123

202.6

120
120

202.9
202.9

203.8

111
95
96

100
92
88
108
88
100
125

128
132

116
91
107
113
100

109
117
96
119
13f
124
146

122
106
115

219.7
212.4

213.6
202.7
199.8

205.0
208.2
206.2
185.0
177.6
194.8
217.4

230.2
223«1
2*7.8
227.2
229*6
235.3
238.6
23*.0
205.1

192.2
205.0
229.5
252.6

2*5.0
2*7.8

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total PlYrdl ta p lc y w it




1957-59=100

1957-59=100

Total Lotos

PINE BLUFF
ARKANSAS
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
MARCH 1970

320
300

Pine Bluff U.S.

280

Total Payroll Employment—2.2

260

Total Deposits

— 1.6

— 0.9

240

Check Payments

+8.8

+12.7

+1.9

220

Spending

200

Seasonally Adjusted

180

Check Peymats

1957-59=100

1957-59=100

400

400

240 360

360

220 320

U.S.

320

^ ----------

200 280

280

N*

180 240
m

160 200

i

/
^v/

----------------- —

PINE BLUFF

240

\J

200

^

140 160
120 120
"Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

160
■1 1 1 1 1 1 1 1 1 1 1

11. 1 1.J 1.1.1 1 1 1

i 1 1 1 1 1 1 1 1 11

1968

1969

1970

120

P rep ared by Fed eral Reserve Bank of St. Louis

A rkansas
MANPOWER UTILIZATION__________________________________________

Annual
Averages
I960
1965

1966
1967
1968

1969

Total
Esmioyment
Seasonally
Thousands
Adjusted
of Persons
Index

674

102.4
H5.9
119.3
121.4
124.4

698

128.8

620

121.5
123.3
123.1
122.9
122.9
124.5
124.2
125.4
125.7
125.8

555

628
646

658

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.

642
654

661
672

110.8

6.6

126.1
132.6

346
354
364

135.6
139.2
143.0

145.4
160.3
164.9
172.1

5.2
4.5
4.4
4.2
4.2

144.9
146.4
146.0
146.4
146.8
147.6
148.5
149.2
148.9
149.7
150.4
150.9

338
343
346
350
352
359
359
363
361
361
359
361

136.8

167.2
168.2

4.7
4.4
4.5
4.5
4.3
4.2
4.0
4.0
4.0
4.0
4.1
4.1

347
350
357
365
379
378
384
397
446
447
401

152.5
152.3

352
353
357

3.0
4.0
3.9
4.0
4.0
4.2
4.3
*.3
4.4
**.3
4.6
4.3

407
378
385
393
401
411
411
411
423
465
470
428

4.4
4.6

443

265
321

489
496

697
693
700.
691
696
696

504

508

666

126.7

519
521
527
524
524
523
525

652

127.7
127.3

515
516

129.4
130.3
130.5
129.3

527
532
540
540
543
540
539
535
536

663
675
693

706
715

721

710

710
724

720
679

665
673




126.8

127.2
126.6
129.1
128.0
129.2
128.6

130.2
129.0

522

526
527

Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

104.1

105.9
131.3
140.0
143.6
148.0
153.4

500

____________________________ INCOME

Uheaqployment
Rate

338

367
455
485
490
513
532

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Manufacturing
Employment
Seasonally
Adjusted
Index

138.4
137.9

138.2
138.2

138.9
139.5
140.1
139.7
140.7
140.8
141.2

152.6
152.8

360

153.8
153.5
154.1
153.7
153.7
154.1
153.9
154.1

363
370
368
371
370
368
367
369

142.6
142.3
142.1
142.0
143.0
142.9
143.2
143.2
143.5
143.6
143.8
144.2

155.6
155.5

359
361

145.2
145.6

182.1

168.5
168.9
170.4
171.4
173.5
174.1
174.4
174.5
176.9
177.6
179.8
179.9
101.5

102.8
103.5

182.8
103.9

182.6
182.1
I83.O
181.6
181.3

182.8

184.1

205
298

Personal
Income
Seasonally
Adjusted
Index

Farm Cash
Receipts
Millions
,
of Dollars *

328

112.5
163.7
179.8

344
384
415

189.0
210.6
227.8

360

199.5

360

209.9

707
1,057
1,414
1,779

N.A.

201.6
203.0
206.1

210.0
212.0
214.7

216.2
219.2
219.9

215.6

224.6
219.9
223.5

226.2
230.1
228.0
230.1
229.8
230.4

229*0
231.2

2,459
3,581
3,931
4,132
4,611
4,983

Millions
,
of Dollars *
669

910
986
915
985
1,014

3,317
3,763
4,210
4,611

46
79
115
153
195
255
310
363
456
639
845
985

407
705

50
87

2,158

2,536

2,920

1,170

120

1,563
1,964
2,375
2,786
3,197

173

3,620

231.1

4,005
4,555
*,983

244.0
N.A.

N.A.

443

221

284
352
412
507
684

870
1,014
56
95

ARKANSAS

Manpower Utilization
Season ally Adjusted

1968




1969

1970

1968

1969

1970

1968

1969

1970

P rep ared by Federal Reserve Bank of St. Louis

Kentucky
MANPOWER UTILIZATION_______________________________________________________________________________________ INCOME

inual

1962
1963
1964
1965

1966
1967
1968
1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.

Total
Total Payroll
Employment
Employment
Seasonally
Seasonally
Thousands
Adjusted
Adjusted Thousands
of Persons
Index
Index
of Persons
1,030

1,069
1,080
1,098
1,128
1,090
1,112
1,027
1,042

1,060
1,085

1,122

1,155
1,137
1,137

104.6
108.5
109.7
111.5
114.5

110.3
113.2

520

110.8
113.0

837
869

131.3
136.3

605
628

112.4
114.8
113.3

827
837
845

113.6

858

610

113.4
112.9

871
877
871
875

132.4
134.4
135.0
135.2
135.7

136.6
137.2
138.5
139.1
139.8

113.2
111.0
112.5

1,142
1,113

113.3
113.9

891
893
899

1 ,08b
1,070

118.6
118.0

1,085

115.9
115.3
113.1

1,138

111.6
113.2

880
878
880
887
888

1,152

112.5

899
893
8§4

111.1
112.9

1,098

11.0,9
112.4

900
90 n
882
890

1,046
1,064

114.3
H7.3

864
877




117.7

119.1

881

1,166
1,161
1,118

126.2

530
553
577

759
804

111.3

1,101

106.3

105.8

1,167
1,158

1,119
1,141

U99

674
703

722

Nonmanufacturing
Employment
'Seasonally
Thousands
Adjusted
of Persons
Index

136.0

136.4

593
604
624

632
634
629
631

636
6*7
647
648

632

452
478
497
541
595
645

138.8

133.6

143.9

130.0
132.2

139.1
140.6
142.0
142.1
144.0
145.0
145.0
1 *5.0
145.9
1 *5.6
146.4
146.2

4.5
4.1
3.9
4.0
3.7
3.9
3.9
3.8
3.8
3.7
3.6
3.6

147.7
1*8.3
148.5
147.7
1*4.8
145.9
146.5
145.4
146.6
148.1
139 0

755
711
730
741
743
744
767
718
778

138.2

3.5
3.5
3.3
3.4
3.6
3.7
3.4
3.5
3.7
3.8
3-7
4.4

139.2
148.0

4.1
4.2

793
N.A.

132.5
132.7

132.8
132.8
133.3
133.7
134.0

136.0
136.6
136.7

648
653

137.1
136.7
137.0

138.5
140.6

630
631

138.2
138.0

652

Seasonally
Adjusted

Personal
Income
Seasonally
Millions
Adjusted
of Dollars
Monthly Rate
Averages Index

122.8
128.6

645
648
655
648
651
655

634

104.6
109.4
114.9
123.1
135.5

Unemployment
Rate

7.0
5.7
5.9
4.8
4.1
4.2
3.9

110.6
112.6

141.1
140.8
1*0.3
139.8
138.4
139.3
139.8
139.7
140.2
140.0
137.3
137.9

631

Manufacturing
Employment
Seasonally
Adjusted
Index

138.7

138.2

137.4
137.0

136.1
137.0
137.4
137.7

138.0

124.1
131.1

136.6

708

148.5
163.5
177.1
194.3

683
661

187.0

674

687
699

179.7

192.9
193.6
194.8

708

196.1

703

197.7
197.1
197.9
198.3
195.8

701

711
729

726
808

788
841

Farm Cash
Receipts
Millions
of Dollars 3/
5,427
5,733
5,968
6,489
7,1*3
7,735

8,490
683
1,3*4

2,018
2,705
3,404
4,112
4,815
5,516
6,227
6,956

Millions
of Dollars
Monthly Rate
52
54

62
57

60

825
825

97
39
36
39
38
39
■+7
48
55
73

97
136
172

200.2

120

8,490

19*

198.5
208.5

755
1,466
2,196
2,937

205.9
215*5
201.7
217.0
214.2
214*6

4,424
5,191
5,909
6,687
7,475
8,263
9,104

109
40
37
41
41
43
50
50

208.6
206.8

210.6
211.3
N.A.

3,660

793
N. A.

627
645
743
687
725

69
69

7,682

200.8

Millions
.
of Dollars 3/

60
83
127
197

110
51

211
2*9

288
335
383

438
511

631
825
109
149
186
227

268
311
361
411
471
554

681
878

110
161




Manpower Utilization

KENTUCKY

Season ally Adjusted

P rep ared by Fed eral Reserve Bank of St. Louis

M is s is s ip p i
___ __________________ ______ MANPOWER UTILIZATION_________________________________
Total
Total Payroll
Nonaamifacturing
Manufacturing Uneaployaent
Eaployaent
Evloyaent
E^loynent
Eanloyaent
Rate
Seasonally
Seasonally
Seasonally
Seasonally
Adjusted
Adjusted
Adjusted
Adjusted
Thousands
Seasonally
Thousands
Thousands
Adjusted
Index
Index
Index
of Persons
Index
of Persons
of Persons
707
716
723
737
755
755

104.0
105.4
106.4
108.4

111.1
111.1

768

112.9

746
750
754

111.6
112.1

760
766
774
772
774
78l
7ai

112.3
112.4
112.7
112.7

112.8

113.3
113.5

113*6

780
780

113.7
114.4

768

114.8
114.9

769
773
777

782

787
783
783
791
791

786
788

773 E
774 E




115.0
114.8
115.1
114.8
114.5
114.6

426
444
460
485
519
532
549

528
532
536
543
548
553
552
555
561
561

560
562
551
551
555
559
563

562

114.6
115.4

561
564
572
570
567
570

115.5
115.6

558 E
559 E

115.0
115.0

111.5

116.2

120.4
127.1

136.0
139.3
143.8
140.8
141.9
142.2
142.7
143.6
143.8
144.1
144.7
145.2
145.4
145.6
145.9
146.8
146.8
147.0
147.0
147.6
146.1
146.5
147.1
it?;?
147.4
147.6
148.8
149.0

298
310

320

111.0
115.3

119.0
123.8

112.7
118.4
123.7
134.8
146.8
147.6
154.3

333
353
365
375

131.4
135.9
139.4

360

136.9

150.0

138.1
138.4
139.1
139.2
139.7
139.9
140.5
140.7
140.9
141.1

151.8
152.8

363

366
371
375
376
376
376
383

382
382
384
374
3T5
378
382
385

382
383
385
9

389
392
380 E

380 E

138.2

150.7

154.1
154.9
154.6

156.0
156.4

156.6
156.6
157.1

5.7
4.6
4.2
4.8
4.5

248
274
265
309
346
371
411

4.9
4.5
4.5
4.6
4.6
4.5
4.4
4.7
4.7
4.4
4.6
3.7

384
378
389
381
394
404
400
409
420
465
470
440

3.7
3.9
4.1
4.3
4.2
4.2
4.2
4.8

420
417
417
420
428
428
423
426
435
476
478
455
442
N.A.

6.5

6.2

142.4
142.4
142.6
142.6
142.7
141.3
142.1
143.0
144.0
144.0
143.8
144.0

157.1
157.3
157.5
157.5
159.0
157.7
157.0

156.0
156.1

4.3
4.6
3.8

144.6
144.6

158.9
159.1

3.9
4.1

156.8
157.3
157.0

______________________________ INCOME
Personal
Inrasw
Seasonally
Millions
Adjusted
of Dollars
Millions
.
Index
Monthly Rate
of Dollars

4.3

129.8
143.0
149.0
161.7

181.0

193.9
214.9

202.6
206.9
213.4
209.7

2,979
3,290.
3,422
3,712
4,153
4,454
4,934
384

116

158
197
243
297
344

1,926
2,330
2,730
3,139
3,559
4,024
4,494
4,934

219.6

221.7
227.5

228.2

420
837
1,254
1,674

231.4
232.1
227.8

2,530

231.1

2,993

231.1
2^.7
225.2

r M

2,102
rate

228.9

4,292
4,770
5,225

235*5
N.A.

442
N.A.

218.0

74

762

215.5
218.7
22i a
221.3
214.0

768

846

1,151
1,532

213.6

222.2

606
795
775
819
751

388
44;
603
770
846
71
115

160
201
251
307
367
413

&
769
844
71

MISSISSIPPI

Manpower Utilization
Season ally Adjusted

1957-59=100
Total Payroll Enployaeat
1957-59=100
160 ----------------------------------------------------------- 160
MISSISSIPPI

150
140

Year Ending
FEBRUARY 1970

140

130

130

U.S.

120
110

PERCENTAGE CHANGE
Seasonally Adjusted Index

150

120
11 11 1 1 1 11 1 1

M 1 1 i 1 i 1 1 1 1 -l,

1 1 -L.il i a 11

Mississippi U.S.
Total Payroll Employment

+1.5

+2.2

Nonmanufacturing

+1.5

+3.4

Manufacturing

+1.1

— 0.9

Total Employment

+0.6

+1.6

1957-59=100
260

Personal Income*

+6.2

+7.8

250

110

*Year ending: January
1^57-59=100

Personal Income
250

240

Total Eaployaeat

t

140 230

230

130 220

/ V
a

120 210

/

r

l i 1 i 1 1l 1 1l l

1 1 1 1 1 1 1 1 1 11

UaenployneRt Rata

8

MISSISSIPPI

^ _____ _______
U.S.

1 L.l LI ljj.1 1 1 . 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11

1968




1969

1970

1968

1969

1970

/

V

220

v

210
u.s.

110 200

MISSISSIPPI

PerCent

240

MISSISSIPPI

1957-59=100

U.S.

11111111111

1957-59=100
260

Se a so n ally Adjusted

200

100 190
lent
8
180

190

6

170

170

4

160

160

2

150

150

0

140 111 i i 1 i i 1 i i -Li 1 ±1 1 i 1 1 1 1 i r 1 i i 1 i i 1 i i 140

180

1968

1969

1970

P rep ared by Federal Reserve Bank of St. Louis

M isso u ri

MANPOWER UTH-IgATIOM__________________________________________

Annual
Averages

1962
1963
1964

1965
1966
1967

1966
1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Total
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

1 ,77a
1,782
1,813
1,857
1,903
1,944

100.7
100.9
102.7

1,960

105.2
107.8
110.1
111.0

1,858

110.2

1,876
1,918
1,940
1,952
2,017

111.3

2,006

1,997

2,022
2,012
1,962

1970
Jan*
Feb*

1,905
1,904 E

1,937

2,091
1,972
1,961




117.8
121.1
123.2
122.1
122.5

1,606

122.8
122.7

110.6

110.5
110.9
111.5

111.8
112.0

112.6
112.8

1,969
1,962
1,992
2,008
1,989
2,029

1,584
1,587

104.6
107.1
111.9

1,617
1,619
1,633

1,899

1,900

1,596
1,623

103.0

110.6

112.5

2§2

1,357
1,378
1,412
1,476
1,553

110.5
109.5

1,961

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

Total Payroll
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

1,626
1,616

1,639
1,644
1,649
1,659
1,625
1,613
1,629
1,639

122.6

122.7
122.9
123.1
123.4
124.2
124.3
124.6

109.1
110*5
110.4
111.9
112. 3

1,647
1,639
1,642

112.6

1,664
1,673

125.3
124.4
124.5
124.4
123.5
123.9
123.9
125.1
124.6
12:?.4
125.3
125.6

1,631
1,625 E

125.3

111.5

112.1
110.1

112.4

113.0
113.0

1,630

1,656
l,66l

125.8

Nonmanufacturlng
Employment
Seasonally
Thousands
Adjusted
of Persons
Index
104.2

970
985
1,009
1,059
1,107
1,142

108.4
113.7

1,166

125.2

1,133
1,138
1,152
1,163
1,165
1,171
1,164

124.2
124.8

1,160
1,176

1,182
1,186
1,196
1,165
1,169
1,174
1,185
1,187
1,198
1,179

105.8
119.0

122.7

125.0
124.8
124.8
124.7
124.8
125.1
125.3

126.1

126.4
126.9

127.8
128.1
127.2
127.2

Manufacturing
Employment
Seasonally
Adjusted
Index
100.0
101.7
103.9

107.6
115.0
117.2
118.2
117.1

117.0
117.6
117.8
117.4

117.8
118.2
118.1
119.0
119.6
119.2
119.0
U9.3
115.5
117.8
117.9
114.8

Seasonally
Adjusted
5.2
4.7
4.2
3.7
3.3
3.4
3.4
3.6
3.2
3.4
3.5
3.3
3.5
3.5
3.3
3.3
3.2
3.4
3.1

2.8

127.1

116.1

1,180
1,200

126.4
127.4
127.7

117.7

1,206

128.6

1,211
1,219

128.9
129.3

117.7
116.7
116.8

2.7
3.1
3.4
3.3
3.7
3.6
3.3
3-5
3.2
3.4
3.4

1,184
1,189

129.8
130.2

116.3
U3.7

3.7
3.4

127.1

119.6
117.2

___________________________________ INCOME

Unemployment
Nate
Millions
of Dollars
Monthly Rate
824
867

916

997
1,071
1,148
1,251
1,187

1,182

1,190

1,201
1,231

1,278

1,249
1,224
1,289
1,332
1,331
1,312

1,286
1,270
1,285
1,290
1,303
1,340
1,347
1.32|

1,366

1,395
1,384
1,383
1,358
N.A.

Personal
Income
Seasonally
Adjusted
Index

Millions
0/
of Dollars ^

113.1

9,892
10,402

125.7

10,988

119.0
136.8

11,961

Farm Cash
Receipts
Millions
of Dollars
Minions
Monthly Rate
of Donars
98
99
94
105

1,179
1,190

1,126

171.6

15,006

117

1,257
1,335
1,319
1,400

164.5
I65.O
166.4
167.3
169.9
173.1
171.7
171.7
175.5

1,187
2,369
3,559
4,760
5,991
7,269

109
88

109
197

85
85
85
92
n7
93
123

282

147.0
157.6

176.8

178.7

178.2

12,856

13,777

8,518

9,742
11,031
12,363
13,694

15,006

111

no

200
190
133

178.1

1,286

122

177.1
179.7
179.7
179.9
181.5
1Q5.Q
186.3
185 ."9
185.5

2,556
3,841
5,131
6,434
7.774
9,121
10,449
11,815

367
*52

544
661
754
877
1,077
1,267
1,400

122
218
312

13,210

96
94
97
97
in
127
103
130
193

187.9

14,594
15,977

144

1,500

187.5
N.A.

1,358
N.A.

130
104

130
234

185.6

186

409

506

617
744
847
977
1*170
1,356

Manpower Utilization

MISSOURI

Seasonally Adjusted

PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
FEBRUARY 1970

Missouri U.S.
+0.7

+2.2

+1.6

+3.4

— 1.6

— 0.9

Total Employment

+ 0.2

+ 1.6

1957-59=100
260

Personal Income*

+5.3

+7.8

250

250

Total Payroll Employment
Nonmanufacturing
Manufacturing

*Year ending: January
1957-59=100

T0ta| Employment

Personal Income
Se a so n ally Adjusted

1957-59=100
260

240

240

1957-59=100
140 230

230

130 220

220

120 210

210

U .S .^— -

M 11 l 1 l 1 1 l 11 1 11l 1111 1 1 1

Cent

[

L jJ - 1 1 1 1 1 1 1 1

^ M IS S O U R I




1969

1970

i i 1i i 1i i 1i i

I I 1l l 1l 1 1 l l

1968

1969

100 190

PerClent

n eap loyn eit Rate

us

1968

LI.S .^ '

110 200

MISSOURI ^

190

MISSOURI y

8

180

6

170

170

4

160

160

2

150

150

LI 1 M 1 1 1 1 1 1 0

1970

___/

200

140 I 1111111111.
1968

180

11111111111 i i 1i i 1i i 1i i
1969

1970

P rep ared by Federal Reserve Bank of St. Louis

140

Tennessee
MANPOWER UTILIZATION___________________________________________

Annual
Averages
I960
1965
1966
1967
1968
1969
1966
Jan •
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Total
Employment
Seasonally
Thousands
Adjusted
of Persons
Index
1,323
1 ,1*72
1,530
1,567
1,577
l,6li*
1,1*61*
1,1*98
1,522
1,51*6
1,571*

1,606
1,595

1,610
1,602

100.7

112.1

116.5

117.8
120.1
123.0
U8.1

119.2
119.3

119.6
120.0
120.4

120.2
120.6

1,637
1,61*2

120.3
120.5
121.4

1 ,601*

121.2

1,51*3
1,55**
1,569
1,593
1,619
1,627
1,627
1,632
1,61*2

122.7
123.5

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons
925
1,107

1,186
1,228

1,264
1,313
1,207
1,215
1,229
1,241

1,252
1,271
1,275
1,291

1,266

1,295

1,300
1,308

105.0
125.7
13**-7
139-6
163-5
149.0
140.1
141.0
141.7
142.0
142.6
143.6
143.9
144.8
144.8
145.6
146.1
146.3

l969

Tan.
Jmb.

Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.

1,671
1,659

123.0
123.0

123.3
122.3

122.8

122.4
123.3

123.0
122.6

D ec.

1,636

1970
Jan.
Feb.

1,586

126.0

1,583

125.7




123.7

1,272

1,278

147.6
148.1
148.1
148.7

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

610
720
761
792
809
843

766
773
784
792

801
812
819
825
825

832
835
843

812
814
819
832
841
851
848
846
851

1,284
1,299
1,3U
1,324
1,321
1,323
1,325
1,334
1,335
1,344

150.3

872

1,318
1,315

152.9
152.3

851
849

149.2

149.6
149.2
148.3
149.3
149.9

150.1

860

864

104.6
123.5
130.5
135.9

Manufacturing
Employment
Seasonally
Adjusted
Index

105.8
130.1

____________________________ INCOME

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate
458
646

Personal
Income
Seasonally
Adjusted
Index
108.3

144.5

143.0
146.3
152.9
157.8

6.3
3-9
3-2
3-9
3-6
3.5

135.4
136.5
137.1
137.0
137.7
138.4
139.1
139.8
140.2
140.9
141.4
141.7

149-3
149.7
150.7
151.7
152.3
153.7
153.3
154.4
153.8
154.7
155.3
155.4

4.1
3.8
3.7
3.7
3.5
3.5
3.5
3.5
3.6
3.5
3.6
3.4

143.5
143.6
143.3
144.1
144.4
145.0
144.1
143-3
144.7
145.6
146.2
146.5

155.6
157.0
157.3
157.8
158.7
158.5
159.1

158.3
157.4
157.8

3.2
3.2
3.4
3.5
3.6
3.5
3.5
3.6
3.5
3.6
3.7
3.6

982
966

229.8

150.4
149.7

157.7
157.5

3.9
3.9

953
N.A.

N.A.

138.8

158.0
158.2

718
776
854
937

152.8
169.8
183.6
202.1
221.6

789

188.8

831
831
848

194.9
197.7
198.5
201.3
202.7

820

860
854
859

874
895
905

887
906
911
907
916

922
932
936
939
954
972

203.0

204.1
205.4
207.9
209.2
211.7
217.1

216.1
215.6
218.6
218.7
219.7
222.4
223.4
224.5

226.0
227.4

227.6

Farm Cash
Receipts
Millions
of Dollars

5,696
7,71*9

,

Millions
.
of Dollars 2/

501
607

8,611

601

9,315
10,253
11,21*5

604
625

789
1,609
2,1*1*0
3,271
i*,119
**,979
5,833

38
71

662

101

134

168
206
258

6,692

300

7,566
8,1*61
9,366
10,253

353
441
541
625

908

41
75
107
142
177

1,819
2,726
3,61*8
6,561*
5,696

6,632
7,371
8,325
9,297
10,279
11,265
953
H #A,

218

275
318
373
464
574

662
46
83




Manpower Utilization
Season ally Adjusted

TENNESSEE

P rep ared by Fed eral Reserve Bank of St. Louis

CHECK PAYMENTS IN ELEVEN MEDIUM-SIZE C L U E S
MILLIONS OF DOLLARS
MAR
EL DORADO, ARK.

SEASONALLY ADJUSTED INDEX
MAR

1970

FEB

1970

JAN

2/

1970

MAR

1969

76

235.2

238.6

231.8

23 4. 5

18

194.9

201.8

207.6

234.5

TEXARKANA, ARK.

112

260.4

254.2

257.0

283.0

OUINCY,

108

232.8

230.6

230.6

20 7. 5

124-

237.1

221.4

203.7

202.7

77

245.9

242.7

239.3

252.4

63

224.8

224.2

229.6

229.2

CAPE GIRARDEAU, MO.

49

24 2.0

242.3

2 41.5

222.8

HANNIBAL, MO.

23

177.4

177.0

172.8

173.1

SEDA LIA, MO.

55

312.9

295.0

2 76.2

232.1

JACKSON, TENN.

77

271.5

273.8

272.9

276.1

HELENA,

ARK.

ILL.

OWENSBORO, KY.
PADUCAH, KY.
GREENVILLE,

MISS.

$

1970

1/

1/ DEBITS TO DEMAND DEPOSIT ACCOUNTS,

EXCEPT INTERBANK AND U . S .

GOVERNMENT ACCOUNTS.

2/ THREE-MONTH MOVING AVERAGES ! EXCEPT LATEST MONTH, WHICH I S A TWO-MONTH AVERAGE).

RELEASED




APRIL, 1970

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

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