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Cl

2F

LECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
MAY 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

K EN TUCKY

TENNESSEE

CHECK PAYMENTS 11 OTHER CITIES

Prepared by Federal Reserve Bank of St. Louis
Released: M a y

1970




The Data
T h e s e data are presented a s an aid for the a n a ly s is of
econom ic developm ents in the C en tral M is s is s ip p i V a lle y .
T h e em p hasis is on econom ic a c tiv ity in the m etropolitan
are as and fiv e sta te s com pletely or p a rtia lly w ithin the
Eig hth F e d e ral R e se rv e D is tric t.
B e c a u se of the com­
p le x ity of the econom ic p ro ce ss, a m ore meaningful a n a ly s is
can be made by co nsid ering the entire s e t of ind icato rs for
a p articu la r area rather than relying on any s in g le one.
Moreover, there may be te ch n ica l shortcom ings in some
s e r ie s .
A ll area data are presented in both unadjusted and adju sted -fo r-sea so n al-v a riatio n form. Index numbers are on a
1957-59 b a se .
In addition, in order to smooth e rra tic flu c ­
tu a tio n s, the index of ch eck payments is an average of the
ind exes for three months and is centered on the middle month.
B a s ic employment data are developed by the re sp e ctiv e
State Employm ent Security O ffic e s .
T h e data for total loans and total d ep o sits of member
banks are averages of data for the la s t Wednesday of the
preceding month, the Wednesday preceding the 15th of the
current month, and the la st Wednesday of the current month.

C h eck paym ents are reported monthly by a ll or a sam ple
of com m ercial banks in each area.
C h eck payments are
debits to demand d ep o sit a cco u n ts, e xcep t interbank and U .S .
Government a cco u n ts, and the index is a ls o adjusted for
number of trading days in e ach month.

T h e co nso lid ated employment indexes are based on com­
bined data from the m etropolitan a re a s .
T h e co nso lid ated
index for check payments is based on reports from the 8
metropolitan are as and 11 other ce n te rs and in clu d e s 138
respondent b anks. T h e co n so lid ated banking ind exes include
a ll member banks in the E ig hth Fe d e ra l R e serv e D is tr ic t.

N ational data are from reports of the Department of Lab o r
and the Board of G overnors of the Fe d e ral R e se rv e System .

B a s ic state personal income fig u res are obtained from
B u s in e s s W eek, and farm ca sh re c e ip ts data are developed by
the U. S. Department of A g ricu ltu re .

Foo tn o tes for ch a rts:
3.
1.
2.

A ll member banks
Three-month moving averag es (except la te st month, w hich
is a two-month average)

4.

Annual fig u res are to tals for the ye ar.
are cu m u lative (year to date).
M illio ns of d o lla rs
n .a . - Not a v a ila b le

Monthly fig u res

Explanatory Comments

All employment data for the metropolitan areas pf Little Rock,
Fort Smith, and Pine Bluff and for the states of Mississippi and Missouri
have been revised to a 1969 benchmark level. Personal income data for
the states of Mississippi and Missouri have also been revised.
Revised data are not yet available for all states included in
this release. Therefore, the pages entitled "State Summary" are not
included.
The decline in payroll employment and the increase in the unem­
ployment rate in the Eighth District reflects in part major labor disputes
in the metropolitan areas of St. Louis, Memphis, and Evansville.

Eight Central Mississippi Valley Metropolitan Areas
BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll

Nonmanufacturlng

Manufacturing

Unemployment
Rate
United
States
Region

SPENDING

Total Loans United
Region
States

Bank Deposits ^
United
Region
States

Check Payments ^
United
Region
States

Region

United
States

Region

United
States

Region

United
States

196c
1961
19&
1967
1966
1969

101.4
113.3
119.5
123.9
127.5
131.5

103.2
115.8
121.8
125.*
129.2
133.5

102.4
116.6
122.6
127.1
131.4
136.2

104.1
119.0
124.6
129.2
133.9
139.2

99.3
106.6
113.2
117.4
119.7
122.2

101.2
108.8
115.8
117.2
119.1
121.2

5-3
3.6
3.2
3.3
3.2
3.2

5.5
4.5
3.8
3.8
3.6
3.5

115.4
185.7
204.1
219.5
237.6
263.5

116.7
188.3
211.1
224.2
245.0
274.9

102.5
140.9
148.3
161.2
174.6
182.4

104.9
150.3
161.0
173.6
189.5
197.1

110.8
172.5
192.3
210.8
232.9
238.8

113.4
174.4
199.0
217.3
252.5
299.1

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

125.0
125.6
126.0
126.4
127.1
127.3
127.8
128.6
128.5
127.9
129.4
129.8

127.0
127.9
128.1
128.5
128.6
129.1
129.4
129.6
129.8
130.3
130.7
131.1

128.6
129.4
129.8
130.1
130.7
131.1
131.7
132.5
132.2
132.7
133.*
134.8

131.1
132.3
132.7
133.0
133.1
133.7
134.0
134.4
134.7
135.3
135.8
136.2

117.9
117.8
118.3
119.0
119.7
119.8
120.2
120.8
121.2
118.3
121.4
121.9

118.2
118.2
118.3
118.7
118.9
119.2
119.3
119.3
119.4
119.5
119.9
120.2

3.4
3.2
3.3
3.3
3.2
3.3
3.2
3.2
3.1
3.1
3.2
2.9

3.6
3.8
3.7
3.5
3.6
3.7
3.7
3.5
3.5
3.5
3.4
3.3

229.2
230.1
231.4
233.8
236.0
235.8
236.3
238.2
239.9
244.2
247.4
248.7

234.3
235.1
236.0
238.3
240.6
242.2
245.0
248.6
250.4
253.4
256.6
259.1

169.2
170.2
171.2
171.0
172.4
173.1
174.5
176.4
177.3
178.6
180.3
181.3

182.5
I83.6
184.7
184.5
185.8
187.3
I89.I
19L.7
193.5
195.0
197.4
199.*+

221.9
220.6
223.5
225.1
226.4
228.0
232.9
239.8
241.0
241.2
244.3
249.5

231.7
234.1
237.4
241.2
247.6
251.9
255.7
258.7
262.8
266.1
269.3
273.0

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

130.9
130.4
131.*+
131.9
131.0
131.5
131.9
132.0
132.1
132.5
131.5
131.4

131.8
132.3
132.7
132.9
133.3
133.9
133.8
134.2
134.O
134.5
134.5
134.6

134.8
135.1
135.0
135.7
135.8
135.8
135.8
136.0
136.9
137.6
137.9
138.1

137.0
137.6
138.0
138.3
138.9
139.5
139.4
139.7
139.7
140.6
140.9
141.1

122.9
121.0
124.2
124.3
121.4
122.7
124.0
124.2
122.5
122.2
118.7
118.1

120.5
120.9
121.2
121.2
121.2
121.7
121.5
122.5
121.7
121.4
120.5
120.5

2.9
2.8
2.9
?.9
3.1
3.5
3.4
3.4
3.4
3.4
3.4
3.5

3.4
3.3
3.4
3.5
3.5
3.4
3.5
3.5
3.8
3.8
3.5
3.5

250.5
252.9
255.5
257.3
264.8
262.9
268.0
268.1
269.3
269.3
270.1
273.2

261.4
264.8
267.2
268.7
272.7
273.9
278.1
279.5
282.1
282.7
283.4
284.0

182.1
182.5
I83.O
183.8
183.7
184.6
182.7
181.6
181.6
180.8
181.2
181.1

198.5
198.5
198.0
198.8
199.4
199.0
197.5
195.7
194.7
194.0
195.9
194.8

253.3
252.5
255.3
255.6
256.8
256.7
259.5
265.1
266.1
264.9
263.7
271.*+

278.6
281.7
284.5
287.4
294.9
301.7
306.2
310.0
3U.2
311.1
309.9
311.5

1970
Jan.
Feb.
Mar.
Apr.

131.3
132.0
132.2
130.0

134.8
135.2
135.3
135.1

138.3
138.5
138.3
135.9

141.6
142.3
142.5
142.7

117.2
118.9
120.1
118.3

120.3
119.8
119.7
118.8

3.8
4.0
3.9
5.4

3.9
4.2
4.4
4.8

272.6
274.3
278.5
279.7

284.3
284.3
286.5
287.3

180.8
180.3
182.1
184.7

195.3
195.3
196.2
199.4

282.8
291.4
297.3
299.4

317.3
320.0
324.8
326.0

Annual
Average

The decline in payroll employment and the increase in the unempLoyment rate in tlie Eighth District reflects in part major labor disputes
in the metropolitan areas of St. Louis, Memphis, and Evansville.




Manpower Utilization
1 95 7-59= 100

Total Payroll Employment

EIGHT CENTRAL
MISSISSIPPI VALLEY
METROPOLITAN AREAS

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

1957-59= 100

Total Loans

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
APRIL 1970

320
300

Area Summary U.S.

280

Total Payroll Employment

260

Total Deposits

240

Check Payments

—1.4

+1.7

+0.5

+0.3

+17.1

+13.4

220

Spending

200

Seasonally Adjusted

180

Check Payments

1957-59= 100

1957-59= 100

400

400

240 360

360

220 320

U.S.

320

^ ------- — '

280

200 280
180 2 4 0

1968




1969

1970

1968

1969

1970

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

^

2 40

MlETROPOLITAN AREA S

160 2 0 0

200

140

160

160

120

120

t l 11111l 111

1968

M 11 1 1 1 1 1 l l

i i 1i i 1l i 1l 1

1969

1970

120

Prep ared by Federal Reserve Bank of St. Louis

St. Louis Metropolitan Area
BANKING ACTIVITY___________________

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

I960
1965
1966
1967
1966
1969

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

101.0
109.3
115 0
117.9
119.9
122.3

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

102.1
113.7
120.2
123.4
126.9
131.0

99.2
101.7
107.4
108.4
107.8
107.2

4.7
3.5
3.3
3A
3.*
3.5

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

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

577
579
585
595
599
606
608
606
609
612
614
618

124.5
124.9
125.4
125.7
126.3
126.5
127.4
128.3
127.7
128.2
128.8
129.1

106.9
106.2
106.9
107.8
107.9
108.6
108.6
108.3
108.5
108.6
107.7
107.5

3.7
3.3
3.6
3.5
3.*
3.5
3.4
3.4
3.4
3.1*
3.5
3.1

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

898
882
901
915
905
917
915
911
921
921
921
924

122.3
120.8
122*5
122.8
121.5
121.5
122.0
122.7
122.8
122.9
123.1
122.9

604
605
607
620
623
626
620
613
627
629
631
634

130.4
130.5
130.2
130.9
131.2
130.4
129.9
130.0
131.4
131.8
132.3
132.5

108.2
103.9
109.1
108.7
104.6
105.8
108.1
110.1
107.7
107.4
107.0
106.2

1970
Jan.
Feb.
Mar.
Apr.

897
88$
898
886

122.2
121.5
122.2
118.8

614
615
618
612

132.4
132.6
132.7
129.0

104.4
102.2
104.0
101.1

Trie decline in payroll employment and the sharp increase in the
unemployment rate reflects in part major lar>or disputes.




Total Loans ^
Seasonally
Millions
Adjusted
Index
of Dollars

Bank Deposits ^
Seasonally
Millions
Adjusted
Index
of Dollars

112.6
162.7
179.9
I83.8
192.0
210.4

____________ SPENDING

Check Payments
Seasonally
Millions
Adjusted
of Dollars
Index

99.6
130.5
133.3
142.4
150.4
151.1

112.9
180.0
201.3
226.0
247.2
278.9

2,218
2,274

187.7
188.0
188.5
190.6
191.6
190.6
189.4
190.4
191.4
195.4
199.0
201.2

3,621
3,527
3,482
3,450
3,485
3,480
3,513
3,553
3,584
3,630
3,714
3,810

148.5
148.8
148.9
147.6
148.0
1*8.3
148.8
151.6
151.3
152.2
154.7
155.9

8,235
6,898
7,299
7,798
7,952
7,706
8,180
7,761
8,101
8,777
8,208
9,621

233.7
228.7
230.9
233.7
237.2
238.2
245.0
254.0
260.2
264.3
268.0
273.0

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

2,33*
2.301
2,285
2,296
2,32*
2,369
2,*32
2,1.19
2,403
2,379
2,360
2,421.

204.2
206.3
206.5
206.8
209.0
211.4
214.8
214.3
213.5
212.2
212.0
214.1

3,882
3,698
3,596
3,602
3,624
3,558
3,539
3,466
3,463
3,509
3,512
3,603

159-1
155.7
153.9
154.3
153.5
151.8
150.3
147.9
146.3
1*7.3
146.3
1*7.2

9,686
7,763
8,841
8,944
8,562
9,206
9,170
8,229
9,299
9,929
8,352
10,439

272.6
271.1
271.9
271.1
269.7
269.0
274.2
283.7
289.2
290.4
288.2
295.9

4.4
4.7
4.4
6.9

2,455
2,424
2,426
2,418

214.2
216.9
219.3
217.9

3,645
3,422
3,380
3,451

149.2
144.0
144.7
147.9

11,755
10,474
12,337
12,195

310.0
323.9
332.5
335.3

2,137
2,091
2,088
2,118
2,130
2,134
2,144

2,152
2,161
2 ,19 ^

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957 - 59=100

Total Payroll En ployneit

1957-59=100

1957-59=100

Total Loans

1957-59=100
380
360
340

ST. LOUIS
MISSOURI
METROPOLITAN AREA
PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
APRIL 1970

320

St. Louis U.S.

300
280

Total Payroll Employment — 3.3

+1.7

260

Total Deposits

— 4.1

+0.3

240

Check Payments

+23.7

+13.4

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

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

Louisville Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

I960
1965
1966
1967
1968
1969

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

99.6
111.5
116.2
122.7
128.3
135.8

BANKING ACTIVITY___________________

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

102.0
114.3
118.2
123.6
128.7
136.6

95.6
106.5
112.8
121.3
127.6
134.5

6.6
3.5
3.0
3-0
2.6
2.7

Total Loans i/
Seasonally
Adjusted
Millions
of Dollars
Index

Bank Deposits i/
Seasonally
Millions
Adjusted
of Dollars
Index

113.4
169.7
191.1
206.4
228.2
262.0

____________SPENDING

Check Payments
Seasonally
Millions
Adjusted .
of Dollars
Index S/
103.4
156.1
173.3
181.8
205.2
231.4

99.7
134.2
141.0
154.3
171.0
184.8

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

299
301
302
305
312
315
31^
317
319
305
324
327

125.3
126.3
126.8
127.0
128.0
128.5
128.7
129.9
130.0
124.7
131.6
132.5

189
190
192
196
200
202
201
201
202
202
204
205

125.7
126.7
127.0
127.4
128.0
128.4
128.6
129.4
129.6
130.7
131.4
131.5

124.7
125.6
126.4
126.2
128.0
128.8
128.9
130.7
130.7
114.4
132.0
134.4

2.7
2.6
2.6
2.8
2.7
2.7
2.7
2.7
2.6
2.4
2.4
2.3

667
640
615
629
649
654
677
680
673
699
709
742

218.3
217.5
215.9
219.2
224.7
225.4
229.1
233.5
233.2
238.3
240.2
243.4

1,180
1,138
1,108
1,097
1,125
1,128
1,148
1,158
1,156
1,184
1,202
1,300

163.5
165.4
166.2
165.9
168.1
168.7
170.6
174.4
174.0
176.1
177.8
181.7

2,101
1,783
1,753
1,855
1,942
1,846
2,176
1,937
1,894
2,074
1,942
2,315

197.1
196.9
196.3
196.0
200.6
206.5
209.6
209.9
208.9
209.3
214.5
216.3

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

320
322
323
328
331
336
337
335
337
339
327
327

134.1
135.0
135.7
136.6
135.8
137.2
137.9
137.0
137.4
137.9
132.5
132.7

199
200
201
206
210
213
214
215
216
217
219
220

132.4
132.8
133.3
134.2
134.7
135.8
137.2
137.9
138.9
140.1
140.7
140.9

137.2
138.8
139.7
140.9
137.8
139.7
139.2
135.3
134.9
134.2
118.3
118.5

2.3
2.3
2.2
2.2
2.6
2.9
3*1
3-1
3.2
3.1
3-0
2.9

737
711
712
728
736
759
786
778
780
801
824
874

241.4
241.6
249.7
253.4
254.9
261.6
265.6
266.7
271.2
273.3
278.6
286.2

1,309
1,227
1,214
1,226
1,235
1,239
1,247
1,230
1,225
1,257
1,277
1,354

181.5
178.4
182.2
185.3
184.4
185.5
185.5
185.1
185.2
187.2
188.7
188.3

2,296
1,934
2,042
2,096
2,152
2,306
2,350
2,089
2,160
2,390
2,056
2,617

221.7
221.0
224.0
226.2
232.5
236.5
236.2
234.0
234.0
234.0
236.9
240.1

1970
Jan.
Feb.
Mar.
Apr*

317
330
332
337

133.0
138.4
139.3
140*2

212
212
213
219

141.1
141.1
141.4
142*3

119.0
133.8
135.7
136.5

3.3
3.4
3.2
3.4

873
840
839
861

285.9
285.6
294.5
299.9

1,332
1,247
1,231
1,267

184.7
181.2
184.8
191.5

2,520
2,045
2,244
2,293

241.1
238.0
235.1
234.3




Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1 957-59= 100

Total Payroll Employment

1957-59=100

1957-59= 100

Total Loans

1957-59=100
380
360
340

LOUISVILLE
KENTUCKY
METROPOLITAN AREA
PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
APRIL 1970

320
300

Louisville U.S.

280

Total Payroll Employment +2.6

+1.7

260

Total Deposits

+3.3

+0.3

240

Check Payments

+3.6

+13.4

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

P rep ared by Federal Reserve Bank of St. Louis

Memphis Metropolitan Area

Annual
Averages
I960
1965
1966
1967
1968
1969

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

103.9
117.7
125.3
131.3
137 •*
143.1

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

104.0
119.2
125.9
131.8
137-5
143.3

103.9
112.5
123.2
129.8
136.7
142.6

4.8
3-7
2.9
3.1
3-0
2.9

Total Loans ^
Seasonally
Adjusted
Index

Millions
of Dollars

Bank Deposits ^
Seasonally
Adjusted
Index

Millions
of Dollars

Check Payments
Seasonally
Adjusted
Index

Millions
of Dollars

112.8
170.3
189.3
199.9
224.0
245.8

108.3
171.6
177.8
197.3
212.0
213.5

110.9
19^.5
204.0
219-8
240.2
247.5

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

250
251
253
255
260
263
264
265
267
267
270
272

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

193
193
195
197
200
202
203
204
205
205
208
210

133.9
135.0
135.5
135.8
137.1
137.5
137.8
138.8
138.8
139.2
140.1
141.0

132.0
131.6
132.3
133.6
136.6
136.4
138.0
137.7
138.6
139.5
141.6
142.3

3-2
3-3
3-1
3-1
3-0
2.9
3-1
3.1
3.0
2.8
2.8
2.8

901
882
890
898
896
885
876
859
859
887
926
916

235-2
235-8
239.9
243-4
245-8
241.9
240.5
236.7
237.2
241.8
245.7
238.5

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

206.2
210.2
208.8
209.2
212.7
211.0
210.4
212.4
212.6
213.5
217.5
219.6

2,031
1,808
2,000
1,932
1,965
1,774
2,023
1,971
1,885
2,109
2,041
2,256

218.5
227.0
233.2
234.9
226.2
225.9
228.1
233.0
221.9
208.3
209.5
222.0

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

266
267
268
270
271
275
275
275
275
276
275
276

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
208
211
211
211
212
213
214
215

141.9
142.4
142.3
143.1
142.2
143.3
143.5
143.5
143.5
144.6
144.3
144.5

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

915
912
908
909
915
919
919
915
915
912
913
954

238.7
242.9
244.0
245.9
250.1
250.8
252.5
252.3
252.4
248.7
242.7
248.7

1,*63
1,375
1,376
1,383
1,381
1,358
1,3**
1,3*2
1,3*6
1,363
1,382
1,422

221.5
215.7
217.0
217.7
216.0
214.0
212.0
211.7
209.9
208.7
207.4
210.2

2,236
1,879
2,039
2,210
2,101
2,157
2,167
1,992
2,139
2,390
2,214
2,568

237.4
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0
231.6
246.9

1970
Jan.
Feb.
Mar.
Apr.

270
272
271
267

144.3
145.3
144.2
141.5

210
211
210
207

146.1
146.7
1^5.5
142.9

138.2
140.7
140.0
137.0

3.0
2.9
3.2
3.9

926
907
938
944

241.2
240.9
251.3
255.2

1,*07
1,330
1,362
1,*Q1

213.1
208.7
214.9
220.4

2,439
2,053
2,407
2,466

261.5
270.7
277.8
284.0

The decline in payroll employment and the sharp increase in the
unemployment rate reflects in part major labor disputes.




&

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

195 7-59 = 10 0

Total Payroll Employineiit

1957-59=100

1957-59= 100

Total Loans

MEMPHIS
TENNESSEE
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
APRIL 1970

320

Memphis U.S.

300
280

Total Payroll Employment — 1.3

+1.7

260

Total Deposits

+1.2

+0.3

240

Check Payments

+11.4

+13.4

220

Spending

200

Seasonally Adjusted

180

1957-59= 100

Chack Payments

1957-59= 100

400

400

240 360

3 60

220 320

U.S.

320

^ -----------

200 280

280

180 2 4 0

240
M EM PH IS

1968




1969

1970

1968

1969

1970

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

160 2 0 0

200

140

160

160

120

120

1 1 1 1 1 1 1 1 1 1 1 .J - l I

1968

u

J

j

L l I . 1 .1 J 1 I I

1969

1 1 1 1 1 1,1 ,

120

1970

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

Little Rock Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Tnousands Adjusted
of Persons Index

I960
1965
1966
1967
1966
1969

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

106.8
130.5
137.U
141.0
144.2
149.4

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

106.1
129.2
135.7
139.2
142.0
145.3

109.2
135.7
143.8
147-9
152.8
165.2

4.2
2.8
2.5
2.8
2.5
2.4

Total Loans
Seasonally
Adjusted
Millions
of Dollars
Index

SPENDING

Bank Deposits ^
Seasonally
Millions
Adjusted
Index
of Dollars

133.7
259.0
282.7
299.2
319.5
357.2

Check Payments
Seasonally
Millions
Adjusted
,
Index
6/
of Dollars
110.1
183.4
206.3
214.3
239.3
261.3

107.7
160.7
173.5
186.1
200.8
210.5

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

113
115
116
117
117
121
121
121
120
118
119
119

141.3
143.8
143.6
143.6
143.8
144.9
144.9
145.8
144.7
144.2
144.7
145.3

89
90
91
92
92
95
95
95
94
93
93
94

138.7
141.7
141.8
142.2
141.5
142.6
142.7
143.7
142.5
142.0
142.3
142.6

151.6
152.2
150.6
149.1
152.8
153.6
153.8
154.0
153.2
153.2
154.1
155.6

2.8
2.5
2.8
2.6
2.6
2.4
2.4
2.3
2.4
2.5
2.5
2.5

263
260
258
264
265
269
270
276
274
282
286
292

305.4
309.6
308.6
312.2
312.1
316.1
316.8
323.2
324.5
329.5
333.4
342.2

450
441
439
440
442
444
456
464
464
474
485
509

192.0
195.2
195.6
194.0
195.7
197.3
200.5
204.1
205.3
206.5
206.3
215.1

601
500
542
598
588
520
615
569
632
632
561
634

223.4
226.2
235.7
235.6
234.8
230.7
237.9
254.0
255.3
250.5
241.3
246.0

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

118
118
120
120
121
125
125
124
124
124
124
123

146.7
147.0
148.1
148.3
149.1
149.9
150.3
149.4
150.4
151.1
151.5
150.4

92
92
93
^4
>
97
97
96
96
96
96
96

144.1
144.2
144.6
144.7
145.0
145.5
145.4
144.6
145.7
146.7
147.0
146.3

157.0
158.1
161.9
162.6
164.9
167.0
169.8
168.5
168.6
168.5
168.8
166.4

2.1
2.4
2.3
2.4
2.3
2.3
2.5
2.5
2.4
2.4
2.5
2.6

294
283
287
294
299
302
313
312
3U
318
321
311

341.1
336.8
343.8
3^7.9
352.1
355.4
366.1
365.2
368.9
370.7
373.1
365.3

502
471
467
474
474
466
470
471
474
492
504
512

213.7
206.6
208.0
208.9
209.2
207.5
206.7
207.4
210.2
214.3
216.3
215.4

697
558
563
645
561
652
666
619
663
679
590
727

255.1
251.8
254.6
247.7
258.1
257-7
268.9
274.9
271.6
265.2
259.2
271.3

1970
Jan.
Feb.
Mar.
Apr.

121
122
121
121

151.0
151.6
149-7
149-7

93
94
93
94

146.1
147.1
145.1
145.1

170.4
169.4
167.7
167.5

2.3
2.8
2.7
3.3

316
316
316
323

366.6
376.8
381.4
361.9

507
476
473
483

215.8
210.7
210.7
213.2

739
641
685
731

265.9
290.0
292.0
288.6




Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Employment

1957-59=100

Total Loirs

1957-59=100

1957-59=100

162 430
158

LITTLE ROCK
ARKANSAS
METROPOLITAN AREA

----------- 430

410

410

154 390

390

LITTLE RO C K

^

150 *370

7

PERCENTAGE CHANGE
Seasonally Adjusted Index

"

Year Ending
APRIL 1970

370

146 350

350

142 330

Little Rock U.S.

330

Total Payroll Employment +0.9

+1.7

310

Total Deposits

+2.1

+0.3

134 290

290

Check Payments

+16.5

+13.4

130 270

270

126 250

250

138

U.S.

310

Spending
Seasonally Adjusted

122 230

230
11 11 111 1111

1 1 1 1 1 1 .1 1 1 1 1

118

i i 1I I 1l i 1i i

Total Deposits

114 240

ent
10 220
8

LITTLE RO CK

200

'

1968




1969

400

240 360

360
U.S.

^

320

'

200 280

--------

280

180 240

240

LITTLE ROCK

160

160 200

200

140

140 160

160

120
1970

1957-59=100

400

220 320

U.S.

180

Check Payments

1957-59=100

1111111 1111

1 1.1.1 1 1 1 1 1 1 1

1111111111 1

1968

1969

1970

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

120 120

11111111111

1l 1l 111 l 1 i 1

1968

1969

1

1.1 1 1J—1—1— 120

1970

Prep ared by Federal Reserve Bank of St. Louis

Evansville Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

I960
1965
1966
1967
1968
1969

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

94.9
111.8
117.9
120.7
123.7
126.6

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

99-8
114.9
118.4
121.2
127.0
129.5

87.5
107.1
117.1
119.8
118.8
122.3

6.4
3-5
2.9
3.5
3.3
3.4

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

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

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

124.3
125.8
126.5
126.7
126.5
127.0
127.0
127.2
128.1
128.1
128.4
128.8

121.8
122.9
120.4
121.1
119.3
110.4
111.8
118.2
119.6
120.4
118.9
120.4

3.4
3.2
3.3
3.1
3.0
3.9
3.6
3.2
3.3
3.3
3.5
3-1

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

87
87
88
88
89
91
90
91
90
90
90
90

125.6
126.2
126.2
126.2
126.5
127.2
127.0
127.3
126.6
126.7
127.2
127.0

53
53
53
54
r,5
55
56
56
55
56
56

128.6
128.8
128.4
128.8
129.3
129*1
129.3
13c 0
J <0.l
130.3
130.5
130.5

121.1
122.1
122.9
122.1
122.1
124.3
123.6
123.2
121.4
121.4
122.1
121.8

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

1970
Jan.
Feb.
Mar.
Apr.

88
87
88
87

127.2
126.5
126.7
123.6

54
54
54
53

131.0
130.3
130.3
124.6

121.4
120.7
121.4
122.1

4.0
4.1
4.3
4.9

The decline in payroll employment and the sharp increase in the
unemployment rate reflects in part major labor disputes.




Total Loans i/
Seasonally
Adjusted
Index

Millions
of Dollars

Bank Deposits l l
Seasonally
Adjusted
Index

Millions
of Dollars

212.7

210.2
212.0

204

208
213

212
215

220
225
226
225
224

224

228
232
234
238
240
246
238
241
247
248
248

248
246
247

252

213.6
215.7
214.4
217.4

222.8
228.6
228.3
227.3
228.5

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

258.1
257.8
256.3
258.7

101.3
150.2
161.7
179.9
191.7
198.4

192.8

219.3
243.7
205

Check Payments
Seasonally
Adjusted .
Index
y

Millions
of Dollars

100.6
146.9
160.7
174.9

113.9
173.1

190.2
207.2

201

SPENDING

205.1

331
326
332
335
342
337
341
337
342
3^6
355
364

185.1

447

182.8

187.8

362

183.2

190.5
190.0
191.6
188.3
191.7
193.4
196.1
197.5

387
405
407
369
505
375
399
461
393
410

200.0
201.9

368

205.0

350
352
356

202.4
201.9

360
365
365
357
361
364
369
381

381
362
365
367

202.2
202.3
204.1
205.3
205.3

206.6
208.0
208.0
210.2

484
356
394
431
404
417
485
384
427
464

388
460

190.6
190.1

186.1
191.3

189.8
199.1

198.8
201.4
197.4
189.4

189.9
189.9
197.3
198.5
197.0
196.3
194.9
204.1

203.8
205.6
202.8
200.1

212.2

506

202.9

209.5
209.4

396
436
486

200.1
209.0

208.8

211.9

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59= 100

Total Payroll EaployaiMt

1957-59=100

1957-59= 100

Total Loans

1957-59=100
380
360
340

EVANSVILLE
INDIANA
METROPOLITAN AREA
PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
APRIL 1970

320
300

Evansville U.S.

280

Total Payroll Employment —2.1

+1.7

260

Total Deposits

+3.3

+0.3

240

Check Payments

+6.8

+13.4

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.

196 8

196 9

1970

P rep ared by Federal Reserve Bank of St. Louis

Springfield Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Annual
Averages

Seasonally
Thousands Adjustea
of Personfl> Index

I960
1965
1966
1967
1966
1969

Nonmanufacturin^

Thousands
of Persons

111.0
120.7
126.2
132.6
142.6
148.4

Manufacturing

Unemployment
Rate

Seasonally
Adjusted
Index

Seasonally
Adjusted
Index

Seasonally
Adjusted

106.8
116.5
120.5
126.6
132.0
138.9

124.7
134.5
144-.6
152.2
177.2
178.8

6.4
3.7
3.2
3.3
2.8
3.2

Total Loans ^
Seasonally
Adjusted
Index

Millions
of Dollars

SPENDING

Bank Deposits ^
Seasonally
Adjusted
Index

Millions
of Dollars

Check Payments
Seasonally
Adjusted
Index
£/

Millions
of Dollars

104.2
152.3
160.1
184.7
218.0
231.4

125.2
190.3
210.0
25^.5
306.U
359.6

110.8
166.3
179.8
201.6
248.7
266.1

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
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
1*0.7
145-3
146.9
148.5
147.5

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

129.5
129.5
129.1
130.5
131.2
131.2
131.6
132.3
133.0
134.4
135.7
135.7

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
2.7
2.8
3.5
2.8
2.7
2.4
2.5
2.4

56
57
59
60
62
62
64
66
66
69
69
68

272.8
284.0
289.3
293.2
297.6
301.5
306.8
316.5
317.0
329.6
334.0
334.0

111
113
116
114
113
113
116
119
120
123
125
126

197.9
214.1
222.8
216.7
216.2
214.7
215.3
220.1
219.3
222.8
227.7
228.1

285
242
239
283
271
255
293
272
279
298
264
300

237.9
240.2
246.9
246.3
251.6
245.1
243.6
243.9
247.3
250.9
259.0
260.7

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

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

1*7.5
148.0
145.9
146.4
146.9
148.5
148.3
149.9
150.1
150.1
1*9.3
149.3

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

136.4
137.5
138.2
137.8
138.2
139.6
138.5
140.3
140.3
139.9
139.9
140.6

183.1
182.0
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

68
69
70
72
71
73
76
78
80
78
77
77

33*.0
3*»3.7
344.7
347.6
3^3.7
359-7
364.1
370.4
379.6
373.8
374.8
379.6

128
122
122
123
124
124
126
126
128
126
124
122

227.9
231.5
233.7
233.3
236.1
234.9
235.0
234.1
232.6
230.0
226.3
221.4

307
242
270
282
268
296
318
289
314
317
274
318

263.0
259.9
261.1
259.1
262.5
262.7
264.7
266.6
268.4
270.4
273.5
280.8

1970
Jan.
Feb.
Mar.
Apr.

55
55
55
55

148.0
149.3
147.2
146.1

40
40
40
40

140.6
142.4
141.0
139.9

171.8
171.8
167.3
166.2

3.6
3.0
3.7
4.3

76
76
77
81

378.6
375.7
374.3
392.7

123
118
118
123

219.2
223.1
225.9
232.4

332
271
309
312

288.5
287.7
28*»4
284.8




Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1957-59 = 10 0




Total Piyroll En p lo ya e il

1957-59=100

1957-59= 100

Tolll LOUS

SPRINGFIELD
MISSOURI
METROPOLITAN AREA

1957-59=100
430
410

PERCENTAGE CHANGE
Seasonally Adjusted Index

390

Year Ending
APRIL 1970

370
350

Springfield U.S.

330

Total Payroll Employmen —0.2

+1.7

310

Total Deposits

— 0.4

+0.3

290

Check Payments

+9.9

+13.4

270

Spending

250

Seasonally Adjusted

230

Check Payments

1957-59= 100

1957-59= 100

400

400

240 360

360
U.S.

220 320

320

200 280

SPRINGFIELD

180 2 4 0

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

280

^ __ ^

240

160 2 0 0

200

140

160

160
1 1 1 1 1 1 1 1 1 11

1l 1l l 11 l 1 11

1I 11 11 i 1 1 11

1968

1969

1970

P rep ared by Federal Reserve Bank of St. Louis

Fort Smith Metropolitan Area
BANKING ACTIVITY_____________________

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

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

Nonmanufacturlng
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

95.9
132.9
139.1
142.8
146.7
152.4

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

92.7
126.7
133.5
135.1
136.9
139.5

103.4
1*7.3
152.4
160.7
169.4
182.7

8.9
6.8
6.1
5.2
4.8
*.5

Total Loans i/
Seasonally
Adjusted
Millions
of Dollars
Index

Bank Deposits i/
Seasonally
Adjusted
Millions
Index
of Dollars

____________SPENDING

Check Payments
Seasonally
Millions
Adjusted
Index
of Dollars

103.2
168.2
I69.O
174.9
182.8
192.9

115.5
200.4
208.4
208.3
213.8
237.1

105.0
153.2
171.9
189.2
203.0
223.9

45
44
45
45

143.2
144.1
143.7
144.1
144.7
1*5.3
I47.8
148.7
148.7
148.9
149.8
150.9

27
27
27
28
28
28
29
29
29
29
29
29

13*-3
135.5
135.1
135.8
135.5
136.9
138.4
138.2
138.4
138.0
138.O
138.9

164.1
164.2
163.8
163.4
166.3
164.9
169.8
173.0
172.8
17*. 5
177.5
178.7

5.3
5.1
5.0
5.3
*.9
*.7
4.6
*.3
*.5
4.4
4.9
4.4

74
75
75
76
77
78
78
77
■77
78
78
79

209.2
209.7
209.5
210.9
213.1
213.6
214.5
213.6
215.0
217.5
219.2
220.1

120
117
118
117
120
118
117
120
120
123
124
126

178.9
180.2
182.5
181.7
186.0
182.0
178.2
182.6
183.9
185.7
185.7
186.7

180
151
158
167
177
157
193
179
170
192
175
193

195.5
193.6
189.7
194.0
194.5
200.6
202.6
208.7
212.5
210.9
216.5
216.4

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

4*
44
44
45
46
45
*5
45
45
46
45
45

152.6
152.8
153.3
153.5
153.5
152.9
152.0
150.7
151.5
152.6
151.9
151.9

28
28
28
29
29
29
29
29
29
29
29
29

140.0
139.7
139.8
139.5
139.6
138.8
138.1
139.2
138.7
140.2
140.4
139.7

181.8
183.4
185.O
186.3
186.2
185.8
184.3
177.5
181.3
181.5
178.9
180.4

*.7
4.8
*.9
4.4
4.4
4.4
4.1
4.6
4.4
4.5
4.5
4.4

79
80
81
82
83
84
86
88
88
90
90
91

223.1
225.3
227.6
229.0
229.5
229.5
237.0
243.5
246.5
249.6
251.3
253.8

126
123
122
123
124
125
127
128
127
129
132
133

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
158
182
184
182
193
213
186
198
210
180
210

217.8
215.3
212.0
212.7
217.8
223.9
228.7
229.3
234.3
231.3
232.8
230.9

1970
Jan.
Feb.
Mar.
Apr.

44
44
44
*5

152.1
152.0
153.3
153.3

28
28
28
29

139.0
138.8
139.5
139.5

182.6
182.8
185.5
185.7

4.8
4.6
5.0
4.8

89
90
90
91

251.0
251.8
251.5
254.3

132
126
127
129

196.9
194.8
196.3
200.7

230
203
211
215

240.4
236.7
232.5
226.1

41
42
42
k2

*3
*3
44
k*




Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

■59=100

Total Payroll Ewployweiit

1957-59=100

1957-59=100

Total Loans

1957-59=100

162

162 380

380

158

158 360

360

154

154 340

340

150

150 320

320

146

146 300

300

142

142 280

138

138 260

FORT SMITH

U.S.

134

_ ------

U.S.

134 240

130

130 220

126

126 200

122

122

FORT SMITH
ARKANSAS
METROPOLITAN AREA

*

PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
APRIL 1970

Fort Smith U.S.

280

Total Payroll Employment —0.1

+1.7

260

Total Deposits

+5.2

+0.3

240

Check Payments

+6.3

+13.4

220

FORT SMITH

Spending

200

Seasonally Adjusted

180
1 1 1 1 1 1 1 1 1 11

118

118
114

1111 1111111

Per lent

l 1 1111 1l 111

i i 1 l i 1l i 11 1

10

U.S.

1 1 1—L .L-l I

1968




I 1..I I I 1 ,1 I I I I

1969

i i l i i l i i l i i

1970

200

400

400

240 360

360
320

—

U.S.

200 280

280
240

180 240

FORT SMITH

160

160 200

140

140 160

120

Chock Payments

180 1957

220 320
U.S.

180

FORT SMITH

4

0

Total Deposits

114 240

8

8

2

11111111111

Per Cent
10 220

Inemployment Rate

6

1 1 1 1 1 1 1 1 1 11

1 1 1 1 1 1 1 1 1 11

i i 1I i 1111i I

l l 1i i 1i i 1i I

1968

1969

1970

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

120 120

FORTSMiTH

200
160

11111111111

1 1 11 1 1 1 1 1 1 1

i i 1i i 1 i i 1I I

1968

1969

1970

120

P rep ared by Federal Reserve Sank of St. Louis

Pine Bluff Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Eeployeent
Seasonally
Thousands Adjusted
of Persona> latex

I960
1965
1966
1967
1968
1969

Ndnaaaufacturlag
Enployasut
Seasonally
Thousands
Adjusted
Index
of Persons

107.7
13^.3
lid.9
144.2
147.1
149.1

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

24
2b
2b
2b
2b
2b

25
25
25
25
25
25

Manufacturing
Eanloynent
Seasonally
Adjusted
Index

Uneaplpyent
Rate
Seasonally
Adjusted

101.8
135.8
145.1
147.9
150.3
153.0

125.3
129.9
132.3
133.3
137.7
137.7

6.3
4.0
3.6
4.0
3.9
3.9

Total Loans
i/
Seasonally
Adjusted
Index

Millions
of Dollars

SPENDING

Bank Deposits i/
Seasonally
Adjusted
Index

Millions
of Dollars

Check Payaaats
Seasonally
Adjusted^ .
Index 2/

Millions
of Dollars

108.2
165.0
183.8
197.3
203.4
204.5

128.7
244.5
256.5
275.5
295.6
321.3

113.5
162.0
176.9
192.9
203.7
223.2

145.8
146.9
145.2
144.0
144.5
146.5
147.1
148.9
148.0
149.0
149.7
149.8

18
18
18
18
18
19
19
19
19
19
19
19

149.1
150.7
11*8.2
146.6
147.5
149.5
149.9
152.2
151.3
152.3
153.2
153.5

136.1
135.8
136.2
136.3
135.8
137.7
138.9
139.2
138.3
139.2
139.5
139.1

4.4
3.9
4.1
4.3
4.2
3.9
3.7
3.7
3.7
3.4
3.7
3.8

68
67
68
69
71
73
73
74
75
76
76
77

275.8
277.5
283.6
287.3
290.6
296.3
297.5
304.5
304.5
308.6
309.0
312.3

123
119
120
119
120
119
118
118
122
123
127
132

201.8
201.0
201.2
201.2
203.7
203.0
202.6
203.4
204.1
203.8
205.0
209.5

111
95
96
100
92
88
108
88
100
125
128
132

219.7
212.4
213.6
202.7
199.8
205.0
208.2
208.2
185.0
177.6
194.8
217.4

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

153.0
152.8
154.4
154.8
154.3
153.2
153.2
150.8
150.5
152.6
153.0
153.0

138.8
138.8
139.5
138.2
138.2
137.5
136.1
135.7
137.2
136.9
137.6
137.4

3.5
3.7
3.8
3.6
3.6
3.6
3.7
3.7
4.0
4.6
4.3

78
79
79
79
79
80
79
76
77
78
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

126
123
123
123
121
121
118
115
120
125
128
127

208.0
207.7
207.0
206.6
205.3
205.7
202.2
199.0
200.7
205.5
204.9
201.2

116
91
107
113
100
109
117
96
119
136
124
146

230.2
223.1
227.8
227.2
229.6
235.3
238.6
234.0
205.9
192.2
205.0
229.5

19
19
19
19

154.7
153.7
152.3
152.1

134.5
135.2
134.0
131.7

4.6
5.1
5.7
6.3

78
79
79
78

317.6
325.0
329.1
320.9

123
120
120
120

202.6
202.9
202.9
201.8

122
106
115
118

252.6
245.0
248.7
247.0

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

25
25
25
25
25
25
25
25
25
25

149.4
149.3
150.6
150.6
150.2
149.2
148.9
146.9
147.1
148.6
149.1
149.0

1970
Jan.
Feb.
Mar.
Apr.

2b
2b
2b
2k

149.5
149.0
147-7
146.9

Jan.

2b
2b




4.4

Manpower Utilization

Banking Activity

Seasonally Adjusted

Seasonally Adjusted

1 9 5 7 -5 9 = 1 0 0




Total Payroll EmployneRl

1 9 5 7 -5 9 = 1 0 0

1 9 5 7 -5 9 = 1 0 0

Total Loans

PINE BLUFF
ARKANSAS
METROPOLITAN AREA

1957-59=100
380
360

PERCENTAGE CHANGE
Seasonally Adjusted Index

340

Year Ending
APRIL 1970

320

Pine Bluff U.S.

300
280

Total Payroll Employment — 2.5

+1.7

260

Total Deposits

— 2.3

+0.3

240

Check Payments

+8.7

+13.4

220

Spending

200

Seasonally Adjusted

Check Payments

180 1957
400

400

240 360

360

220 320

U.S.

320

^ ----------- -

200 280

280

180 2 4 0

240

160 2 0 0
140

160

120

120

PINE BLUFF

200

▼

160
11111111111

1968
*Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

1957-59= 100

l l 11 11 1 l 1 1l

1 1 1 1 1 1 1 11 1 1 -

196 9

1970

120

Prep ared by Fed eral Reserve Bank of St. Louis

A rk a n sa s

Annual

Averages
I960
1965
1966
1967
1968
1969

Total
Employment
Seasonally
Tnousands
Adjusted
of Persons
Index

MANPOWER UTILIZATION__________________________________________
Manufacturing
Nonmanufacturing
Unemployment
Total Payroll
Employment
Employment
Rate
Employment
Seasonally
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Adjusted
Seasonally
Thousands
Index
Index
Adjusted
of Persons
Index
of Persons

____________________________ INCOME
Personal
Income
Millions
Seasonally
Adjusted
of Dollars
Millions
Monthly Rate
Index
of Dollars

Farm Cash
Receipts
.

Millions
of Dollars

555
628
646
6*3
67*
698

102.4
116.9
H9.3
121.4
124.4
128.8

367
455
485
498
513
532

106.9
131.3
140.0
143.6
148.0
153.4

265
321
338
346
354
364

104.1
126.1
132.6
135.8
139.2
143.0

110.8
145.4
160.3
164.9
172.1
182.1

6.6
5.2
4.5
4.4
4.2
4.2

205
298
328
344
384
415

112.5
163.7
179.8
189.0
210.6
227.8

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

669
910
986
915
985
1,014

620
642

489
496
500
504
508
519
521
527
524
524
523
525

144.9
146.4
146.0
146.4
146.8
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
138.4
137.9
138.2
138.2
138.9
139.5
140.1
139.7
140.7
140.8
141.2

167.2
168.2
168.5
168.9
170.4
171.4
173.5
174.1
174.4
174.5
176.9
177.6

4.7

661
672
697
693
701
691
696
698
666

121.5
123.3
123.1
122.9
122.9
124.6
124.2
125.4
125.7
125.8
126.8
126.7

4.5
*+.5
4.3
4.2
4.0
4.0
4.0
4.0
4.1
4.1

360
347
350
357
365
379
378
384
397
446
447
401

199.5
201.6
203.0
206.1
209.9
210.0
212.0
214.7
216.2
219.2
219.9
215.6

360
707
1,057
1,414
1,779
2,158
2,536
2,920
3,317
3,763
4,210
4,611

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

652
663
675
693
706
715
721
718
710
724
720
679

127.7
127.3
127.2
128.6
129.1
128.0
129.2
128.6
129.4
130.3
130.5
129.3

515
516
522
527
532
540
540
543
540
539
535
536

152.5
152.3
152.6
152.8
153.8
153.5
154.1
153.7
153.7
154.1
153.9
154.1

352
353
357
360
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

179.8
179.9
181.5
182.8
183.5
182.8
183.9
182.6
182.1
I83.O
181.6
181.3

3.8
4.0
3.9
4.0
4.0
4.2
4.3
4.3
4.4
4.3
4.6
4.3

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

224.6
219.9
223.5
226.2
230.1
228.0
230.1
229.8
230.4
229.0
231.2
231.1

407
785
1,170
1,563
1,964
2,375
2,786
3,197
3,620
4,085
4,555
4,983

50
87
128
173
221
284
352
412
507
684
870
1,014

666
673
680

130.2
129.I
128.2

526
527
526

155.6
155.6
153.9

359
362
361

145.2
145.7
143.8

184.1
182.9
181.7

4.4
4.6
4.9

443
405

244.0
235.6

443
848

N.A.

N.A.

N.A.

56
95
142

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

Oct.
Nov.
Dec.

664

I 47.6

4.4

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

Oct.
Nov.
Dec.

1970
Jan.
Feb.
Mar.




.
2/

ARKANSAS

Manpower Utilization
Season ally Adjusted

1968




1969

1970

1968

1969

1970

1968

1969

1970

Prepared by Federal Reserve Bank of St. Louis

Kentucky

Annual
:ages
■>2.

1963
196*

1969
1966
1967
1968

Total
employment
Seasonally
rnousands
Adjusted
of Persons
Index

1,030

104.6
108.5
109-7
111.5
114.5
110.8

1,069
1,080

1,098
1,128
1,090
1,112

MANPOWER UTILIZATION
Nonmanufacturing
Total Payroll
employment
Employment
Seasonally
Seasonally
Thousands
Adjusted
Thousands
Adjusted
Index
of Persons
Index
of Persons
674
703

105.8
110.3

722

113.2

759
804

126.2

837

131-3

119.1

113.0

869

136.3

1,027
1,0*2
1,060
1 ,08?
1,122
1,155
1,137
1,137
1,167
1,1*
1,1*2
1,113

112.4
11*. 8
113.3
113.6
H 3.4
112.9
113.2
111.0
111*3
112.?
113.3
113.9

827
837
84?
858
871
877
871
875

132.*
13*.4
13?.0
135.2
135.7

136.0
136 .*
136.6

893
899

137.2
136.5
139.:
139«2

1 ,08?
1,070
1,085
1,101
1,119
1,1*1
1,138
1,152

118.6
118.0

**99
520
530
553
577

106.3
110.6
112.6
117.7
122.8

605
628

128.6
133.6

593
604

130.0
132.2
132.5
132.7
132.8
132.3
133.3
133.7
134.0
136.0
136.6
136.7

INCOME
Manufacturing
Employment
Seasonally
Adjusted
Index
104.6
109.4
114.9
123.1
135.5

138.8
1 * 3.9

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Montnly Rate

7.0
5.7
5.9
4.8
*.l
4.2
3-9

452
478
497
541
595
645

- •?
* .1
3.9
-.0
3.7
3.9
3.9
3.8
3.8
3.7
3.6
3.6

683
6cl
674

708

Personal
Income
Seasonally
Adjusted
Index
124.1
131.1

136.6

148.5
163.5
177.1
194.3

Millions
.
of Dollars U
5,427
5,733
5,968
6,489
7,1-3
7,735

8,490

r'arm Cash
receipts
Millions
of Dollars
Millions
,
of Dollars i/
Monthly Rate
52
54

627

645

62

713

57

687

69
69

725
8?5
825

60

1968
Jan.
Jf'eb.
Mar.
Apr.
Maj
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jar*.
reb.
Un 1-m
;
JuX:e
July
Aug.
Sept.
3c:..
Nov.
Dec.
1970
Jan.
reb.
Mar.

11?. 9
11?. 3
113.1
111.6

113.2

H 4.3
117.3
114.9

864
877
882 E

1,161

11 2.9

1,046
1,064

1,076

E

E-Es timated




887
888
899
893

110.9
112.4

1,166
1,098

880
878
880

894
900
900
882
890

112.5
111.1

1 ,1 1 8

881
891

1*1.1
1*0.8
1*0.3
139.8
138.4
139.3
139.8
139.7
140.2
1*0.0

137.3
137.9
138.5
140.6
140.8

610
62*
632

634
629
631

636

6*7

6*7

648

632

636

138.7

1*7.7
1-8.3

148.5

136.1
137.0
137.4
137.7

138.0

137.1
136.7
137.6

138.2

630
631
E

1*2.0
1*2.1
144.0
l4?.0
1*5.0
l-?.0
l-?-9
145.6
1*6.4
1*6.2

137.4
137.0

138.2

631
634
6*5
648
05?
6*8
651
655
6 ,>2
648
653

139.1

1 *0.6

138.0
137.9

667
699
708
703
701
711
729
/2o

608
755
711
730
7*1
7-3
744

138.2

3o
3o
3.3
3.4
3.6
3.7
3.3.5
3.7
3.6
3-7
*.4

139.2
148.0
148.7

4.1
4.2
4.2

793
772
ill.A.

147.7
1**.6
1-0.9
1*6.?
I 45 .*
146.6
139 P

767
718
778
788
841

179.7
187.0
192.9
193.6

19-.8
196.1
197.7
197.1
197.9
198.3
19? .8
200.2

198.5
200.8
208.5

208.6
206.8
20?.9
215.c.
201.7
217.0
214.2
214
210.6

211.3
218.5
N.A.

683
1,3*2,018
2,705
3 ,*04
4,112
4,81 ?

5,516
6,227
6,956
7,682
8,*90
75?
1, *6:j

2,196
2,937
3,6cjO
*, *2*
5,191
5,909
6,687
7,415

97
39
36
39
38
39
-7
48
??
73
120
194

109
40
37
41
41
43
50
50

60

9,104

83
127
197

793
1,565
N.A.

110
51
44

8,263

97
136
17?
211

2*9
288
335
363

438
?11
631

825
109
149

186

227

266
311
361
411
471
554
681

878
110
161
205

KENTUCKY

Manpower Utilization
Seasonally Adjusted

PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
MARCH 1970

Kentucky U.S.
Total Payroll Employment
Nonmanufacturing
Manufacturing

+0.4

+2.0

+0.4

+3.3

+0.1

— 1.2

Personal Income
1 9 5 7 -5 9 = 1 0 0
260

160

160

Total Employment

—0.9

+1.9

1 9 5 7 -5 9 = 1 0 0
260

150

150

Personal Income*

+8.2

+7.5

250

250

Total Noamanufactur ng

U

140

140
KENTUCKY

130

120

. S . _____

1 J—l.l

l

L 1 l J 1 1 -L 1 L l 1 1 1 1 1 1 1




130
L 1 1 1 .1 1 1 1 1 1 1- 120

Year ending: February
1 9 5 7 -5 9 = 1 0 0
140

Total Employment

240

240

1 9 5 7 -5 9 = 1 0 0
140 2 3 0

230

130 2 2 0

220

130
U.S.

180

1 2 0 --------- ------

170

110

160

1 00

__ _______ ._______ —

120 210

l i 1 1 1 1 1 1 1 1 1 100

210

KENTUCKY

110 200

KENTUCKY
1 1 1 1 L 1 1 1.1 1 1 . 1 1 1 1 1 1 1 1 1 i i

Se a so n ally Adjusted

200

y
U.S.

190

190

/ /

150

180

140

170

170

130

160

160

120

150

150

140

110

1968

1969

1970

180

I 11I 111I 1i i

11111111111

L i 1 1.1 1 1 l l l i -

1968

1969

1970

P rep ared by Federal Reserve Bank of St. Louis

140

Mississippi
Total
Employment
Seasonally
Thousands
Adjusted
Index
oi‘ Persons

700

103.0

737
755
755

1 1 1 .2

MANPOWER UTILIZATION__________________________________________ ______________________________________ INCOME
Nonmanufacturing
Manufacturing
Unemployment
Personal
Total Payroll
Employment
Rate
Income
Employment
Employment
Seasonally
Millions
Seasonally
Seasonally
Seasonally
Adjusted
of Dollars
Adjusted
Seasonally
Millions
Thousands
Adjusted
Tnousands
Adjusted
Index
Monthly Rate
Index
Adjusted
of Dollars
Index
Index
of Persons
of Persons

105.8

284
333
353
365
373

105.8
123.8

766

112.6

404
485
519
532
548

786

115.5

569

139.3
143-5
149.0

757
761
763
764
764
764
764

111.4
111.9
112.1
112.3
112.4
112.3
112.4
112.9
112.8
113.1
113-5
113.9

537
541
543
545
547
548
548
550
550
552
555
558

140.7
I 4I .7
142.1
142.6
143-3
143-5
143-5
144.0
144.0
144.7
145.4
146.1

367
370
371
372
373
372
372
373
373
375
376
378

136.8
137.9
138.1
133. *
138.3
138.7
138.7
138.8
138.8
139-4
140.1
140.9

114.5
114.6
114.8
114.8
115.1

561
563
563
564
567
567
570
572
575
575
574
575

147.0
147-3
147-5
147.6
148.4
148.6
149.2
149.8
150.6
150.6
150.4
150.6

381
381
382
384
385
388
390
393
393
393
394

142.0
141.9
142.2
142.3
143.0
143-5
144.4
145.4
146.3
146.4
146.4
146.5

570
570
572

151.9
151.4
151.4

390
390
392

148.2
147-8
147-6

768
767
769
772
775

108.4
111.1

778
779
781
781
783
786
787
789
791
791
790
791

115-7
116.0
116.4
116.4
116.2
116.4

785
785
787

JLL6.9




115.6

117.2

116.8

127.1

136.0

105.9
134.8
I 46.9
147-5
15 *+.6'
I 0O .3

6.7
4.6
4.2
4.8
4.5
4.2

219
309
346
371
406

387

131.5
135.9
138.3
144.2

150.0
150.6
151.5
152.8
153.9
154.9
155.0
156.3
156.3
157.1
157.9
158.6

5.0
4.6

379
375
38*+
376
389
399
394
404
412
461
466

382

159.0

160.1
I 6O .3
160.3
161.1
160.6
160.5
160.4
160.7
160.5

160.1
160.0

160.7

160.0
160.3

4.5
4.5
*+•5
4.5
4.4
4.5
4.6
4.4
4.5
3-9

432

438

3-8
4.0
4.1
4-3
4.1
4.2
4.2
4.6
4.2
4-3
4.4
4.0

415
405
410
413
420
421
423
428
435
476
*+78
455

4.0
4.4
4.8

442
4-22
N .A .

L U .5
161.7

18 1.1

193-9
212.4
225.7

201.2
205.5
208.9
206.9
210.7
213.5
214.7
217-3
217.1
218.1
214.8
219-9

220.9
221.4
222.6

2,632
3,712
+,153
M 5 +
if,877
5,179

379
75“
1,138
1,514
1,903
2,302

592
819
751

768

846
84 4

74

116

2,696

158
197
243
297
344

3,100
3,512
3,973
4,439
4,877

445
603
770
846

388

415

71
115

l6o

227-3
225.7
229.8
229.5
228.8
225.4
222-5
227-4

1,230
1,643
2,063
2,484
2,907
3,335
3,770
4,246
4,724
5,179

235.5
230.5
N. A.

442
864
N.A.

227-0

820

201
251
307
367
*13

471
620
769
844

71

118
179

MISSISSIPPI

Manpower Utilization
Season ally Adjusted

1957-59=100
160

Total Payroll Employment

MISSISSIPPI

150

1957-59=100
160

^

150

140

Year Ending
MARCH 1970

140

130 ^----'

130

U.S.

120
110

PERCENTAGE CHANGE
Seasonally Adjusted Index

120

.111L1.1,1.1 111 11111111111 11111111111

Mississippi U.S.
Total Payroll Employment

+2.6

+2.0

+3.8

+3.3

-0-

—1.2

Total Employment

+1.8

+1.9

1957-59=100
260

Personal Income*

+4.1

+7.5

250

Nonmanufacturing
Manufacturing

*Year ending: February
}9 5 7-5 9 = W 0

--------

1 1 1 1 1 1 11 1 1 1

PerCent

1 l 11 1111 111

1 1 1 1 1 1 1 1 11 1

Unemployment Rate

MISSISSIPPI
^ --------------------U.S.

111 111 11 1 11




1969

1970

1968

1 1 1 1 1 1 1 1 1 1 1 ■L l i - L l l l 1 1 1 1

1969

250

1970

240

MISSISSIPPI

\

230

130 220

220

120 210

210
^

no 200

MISSISSIPPI

1957-59=100
260

Se a so n ally Adjusted

240
1957-59=100
140 230

Total Employment

U.S.

1968

Personal Income

110

100 190
lent
8
180

u s-

200
190

r

180

6

170

170

4

160

160

2

150

150

0

140

i i 1

i

i 1i i 1i i

1968

I I I

1 1 1 1 1 1 1- i i 1 i i 1 i i 1 i i

1969

1970

Prep ared by Federal Reserve Bank of St. Louis

140

Missou ri
INCOME

MANPOWER UTILIZATION

Annual
Averages

I960
1965
1966
1967
1968
1969

Total
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

Nonnanufacturlng
Employment
Seasonally
Adjusted
Thousands
1
Index
of Persons

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

Personal
Income
Seasonally
Adjusted
Index

Farm Cash
Receipts
Millions
of Dollars

_/
*

Millions
of Dollars

1,783
1,837
1,899
1,937
1,966
1,99**

101.0
104.0
107.6
109.7
111.4
113.0

1,348
1,473
1,549
1,592
1,629
1,668

102.3
111*7
117.5
120.8
123.6
126.5

955
1,056
1,104
1,138
1,170
1,209

102.6
113.4
118.6
122.3
125.7
129.8

I d .4
107.6
115.0
117.2
118.5
118.5

4.8
3.7
3.3
3.4
3.3
3.3

762
997
1,071
1,148
1,255
1,332

104.6
136.8
147.0
157.6
172.3
182.8

9,149
H,96l
12,856
13,777
15,064
15,984

1,110
1,257
1,335
1,319
1,400
1,500

1,853
1,871
1,913
1,939
1,957
2,025
2,011
2,006
2,035
2,028
1,978
1,973

109.6
110.4
110.3
110.3
110.5
111.9
111.1
111.6
112.1
112.5
112.7
113.2

1,578
1,582
1,601
1,616
1,623
l,64l
1,631
1,625
1,653
1,660
1,664
1,671

121.6
122.1
122.5
122.5
122.9
123.4
123.4
123.7
124.6
125.2
125.4
125.6

1,128
1,133
1,147
1,162
1,169
1,178
1,168
1,168
1,187
1,194
1,197
1,204

123.6
124.2
124.6
124.6
125.1
125.5
125.4
126.0
126.5
127.3
127.6
127.9

116.7
117.0
117.7
117.6
117.7
118.4
118.8
118.2
120.0
120.4
120.1
H9.9

3.7
3.3
3.4
3.4
3.3
3.4
3.4
3.3
3.2
3.2
3.4
3.0

1,195
1,186
1,194
1,206
1,236
1,283
1,255
1,229
1,297
1,341
1,332
1,310

165.3
165.9
166.5
169.2
171.1
174.0
172.4
172.3
176.2
177.8
178.7
177.8

1,195
2,381
3,575
4,781
6,d 7
7,300
8,555
9,784
11,081
12,422
13,754
15,064

109
197
282
367
452
544
661
754
877
1,077
1,267
1,400

1,91U
1,91*
1,956
1,99*>
1,989
2,017
2,03^
2,020
2,058
2,050
1,999
1,986

113.3
112.8
112.8
113.2
112.5
111.5
112.4
112.5
H3.3
113.6
113.9
113.8

1,641
1,627
1,648
1,664
1,657
1,672
1,666
1,673
1,685
1,690
1,691
1,699

126.2
125.4
126.2
126.2
125.4
125.7
126.1
127.3
127.0
127.3
127.5
127.6

1,177
1,179
1,187
1,205
1,209
1,212
1,201
1,206
1,224
1,230
1,232
1,240

128.8
129.0
128.9
129.2
129.2
129.1
129.0
130.1
130.4
131.0
131.3
131.7

H9.9
116.7
119.5
119.0
116.3
117.6
119.2
120.5
118.7
118.5
118.2
117.7

2.9
2.9
3.1
3.3
3.2
3.5
3.4
3.2
3.5
3.2
3.3
3.6

1,280
1,271
1,292
1,289
1,304
1,345
1,347
1,328
1,366
1,395
1,384
1,383

176.9
177.8
180.0
180.7
180.7
182.5
184.8
186.1
185.4
185.3
185.8
187.3

1,280
2,551
3,843
5,132
6,436
7,781
9,128
10,456
11,822
13,217
14,6 d
15,984

122
218
312
409
506
617
744
847
977
1,170
1,356
1,500

1,908
1,928
1,958

112.9
113.5
112.9

1,634
1,650
1,662

125.7
127.0
127.3

1,187
1,209
1,215

130.0
132.2
132.0

115.5
114.8
115.8

3.8
3.6
4.1

1,358
1,349

187.5
188.7

1,358
2,707

N.A.

N.A.

130
234
342

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.




N.A.

Manpower Utilization

MISSOURI

Seasonally Adjusted

1957-59-100

Total Payroll Employment

1957-59-100
160

PERCENTAGE CHANGE
Seasonally Adjusted Index
Year Ending
MARCH 1970

Missouri U.S.
Total Payroll Employment

+0.9

+2.0

Nonmanufacturing

+2.4

+3.3

Manufacturing

— 3.1

—1.2

Total Employment

+0.1

+1.9

1957-59=100
260

Personal Income*

+6.1

+7.5

250

250

240

240

140 230

230

130 220

220

120 210

210

*Year ending: February
1957-59=100

Total Employment

Personal Income
Se a so n ally Adjusted

1957-59=100
260

1957-59=100

U.S.

^---- .

"

1 1 1 1 1 1 1 L. .1 1 1

PerCent
8

11

1 -.1 1 1 1 1 1 1 1 1

N 1 1 1 1 1 1 1 1 1

Unemployment Rate

US
MISSOURI

1 1 1 1 1 1 11 1 1 1 .1.1 l - L l 1 1 1 1.1 1

1968




1969

1970

1968

l I.S. ^

110 200

MISSOURI

1969

111

1 1 1 1 11 1

1970

100 190
lent
8
180

200
190
180

MISSOURI

6

170

170

4

160

160

2

150

150

0

140

i l 1i i 111

1968

ii

„.l 1 1 1 1 1 U .1 1 1

i i 1 i i 1 i i 1i i

1969

1970

P rep ared by Federal Reserve Bank of St. Louis

140

Tennessee

Annual
Averages

I960
196s
1966
1967
1968
1969

Total
Employment
Seasonally
Thousands
Adjusted
oi‘ Persons
Index

MANPOWER UTILIZATION___________________________________________ _____________________________________ INCOME
Personal
Manul'aetur Ing
Nonmanufacturing
Total Payroll
Unemployment
Income
Employment
Employment
Employment
Rate
Seasonally
Seasonally
Seasonally
Millions
Seasonally
Adjusted
Adjusted
Millions
..
Adjusted
Tnousands
Adjusted
Seasonally
of Dollars
Tnousands
Index
Index
of Persons
Index
of Persons
Index
Adjusted
of Dollars ^
Monthly Rate

/arm Casa
Receipts
Millions
.. .
ol‘ Dollars

1,323
1,472
1,530
1,5*7
1,577
1,614

100.7
112.1
116.5
117.8
120.1
123.0

925
1,107
1,186
1,228
1,26*
1,313

105.0
125.7
134.7
139.4
143.5
149.0

610
720
761
792
809
8*3

10*.6
123-5
130.5
135.9
138.8
1*4.5

105.8
130.1
1*3-0
1*6.3
152.9
157.8

6.3
3-9
3.2
3-9
3.6
3.5

*58
6*6
718
776
85*
937

108.3
152.8
169.8
183.6
202.1
221.6

5,49*
7,749
8,6u
9,315
10,253
11,245

501
607
601
60*
625
662

1,1*84
1,498
1,522
1,548
1,574
1,606
1,595
1,610
1,602
1,637
1,642
1,604

118.1
119.2
119.3
119.6
120.0
120.4
120.2
120.6
120.3
120.5
121.*
121.2

1,207
1,215
1,229
1,2*1
1,252
1,271
1,275
1,291
1,286
1,295
1,300
1,308

140.1
141.0
141.7
142.0
142.6
1*3.6
1*3.9
1*4.8
144.8
1*5.6
1*6.1
1*6.3

766
773
78*
792
801
812
819
825
825
832
835
8*3

135.4
136.5
137.1
137.0
137.7
138.4
139.1
139.8
140.2
1*0.9
1*1.*
1*1.7

1*9.3
1*9.7
150.7
151.7
152.3
153.7
153.3
15*.4
153.8
15*.7
155.3
155.*

*.l

3.8
3.7
3.7
3.5
3.5
3.5
3.5
3.6
3.5
3.6
3.*

789
820
831
831
8*8
860
85*
859
87*
895
905
887

188.8
19*-9
197.7
198.5
201.3
202.7
203.0
20* .1
205.*
207.9
209.2
211.7

789
1,609
2,440
3,271
4,119
4,979
5,833
6,692
7,566
8,461
9,366
10,253

38
71
101
134
168
206
258
300
353
**1
5*1
625

1,543
1,554
1,569
1,593
1,619
1,627
1,627
1,632
1,642
1,671
1,659
1,636

122.7
123.5
123.0
123.0
123.3
122.3
122.8
122.*
123.3
123.0
122.6
123.7

1,272
1,278
1,28*
1,299
1,311
1,32*
1,321
1,323
1,325
1,33*
1,335
1,3**

1*7.6
1*8.1
1*8.1
1*8.7
1*9.2
149.6
1*9.2
1*8.3
1*9.3
1*9.9
150.1
150.3

812
81*
819
832
8*1
851
848
8*6
851
860
86*
872

1*3.5
1*3.6
1*3.3
1**.4
1*5.0
1*4.1
1*3.3
1**.7
1*5.6
1*6.2
1*6.5

155.6
157.0
157.3
157.8
158.7
158.5
159.1
158.0
158.2
158.3
157.*
157.8

3.2
3.2
3.*
3.5
3.6
3.5
3.5
3.6
3.5
3.6
3.73.6

908
911
907
916
922
932
936
939
95*
972
982
966

217.1
216.1
215.6
218.6
218.7
219.7
222.*
223.*
22*. 5
226.0
227.*
229.8

908
1,819
2,726
3,642
4,564
5,496
6,432
7,371
8,325
9,297
10,279
11,245

*1
75
107
1*2
177
218
275
318
373
*6*
57*
662

1,586

126.0
126.1
125.0

1,318
1,319
1,319

152.9
152.8
152.1

851
853
855

150.*
150.3
1*9.6

157.7
157.6
157.0

3.9
3.9
4.1

953
962

227.6
227.9

953
1,915

N.A.

N.A.

Ji.A.

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.

l**.l

1970
Jan.
Feb.
Mar.

1,589
1,594




*6

83
120




Manpower Utilization
Season ally Adjusted

TENNESSEE

P rep ared by Federal Reserve Bank of St. Louis

CHECK PAYMENTS

IN ELEVEN MEDIUM-SIZE CITIES
SEASONALLY ADJUSTEO

MILLIONS OF DOLLARS
APR

1970

1/

APR

1970

MAR

1970

INDEX

FEB

2/

1970

APR

1969

78

235.6

236.1

238.6

241.0

18

181.9

187.9

201 .8

214.5

121

260.6

262.1

254.2

279.4

104

236.0

234.1

230.6

207.0

117

239.2

235.0

221.4

200.9

80

240.5

243.9

242.7

238. 8

61

219.4

221.7

224.2

224.0

CAPE GIRARDEAU, MG.

52

243.5

243.9

242.3

229.0

HANNIBAL,

23

188.0

183.2

177.0

170.6

EL DORADO,
HELENA,

ARK.

ARK.

TEXARKANA,
QUINCY,

$

ARK.

ILL.

OWENSBORO,
PADUCAH,

KY.

KY.

GREENVILLE,

MISS.

MO.

SFOALIA,

MO.

53

311.9

309.9

295.0

229.0

JACKSON,

TENN.

77

277.4

274.7

273.8

283.3

1/ DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT

INTERBANK AND U.S. GOVERNMENT ACCOUNTS

2/ TH R F F - M O N T H MOVING AVERAGES (EXCEPT LATEST MONTH,

PEL EA SE D




" “

MAY,

1970

•

WHICH IS A TWO- MONTH AVERAGE).

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS