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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
MAY 1971
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

TE N N ES SE E

CHECK PAYMENTS 11 OTHER CITIES

Prepared by Federal Reserve Bank of St. Louis
Released: June 1,




The Data
These data are presented as an aid for the analysis of
economic developments in the Central Mississippi Valley.
The 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.
All 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.
The data for total loans and total deposits are for mem­
ber banks only and are averages of data for the last Wednes­
day 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.
The index is 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 tables:
1. All 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
ii.a. -Not available

Monthly figures

Explanatory Comments

All employment date for the metropolitan areas of Ft. Smith and Pine Bluff and for the
state of Missouri have been revised to a 1970 benchmark level. New seasonal adjustment
factors have been computed for bank loan and deposit data for Ft. Smith and Pine Bluff, and
personal income data for Missouri have been revised.

Eight Central Mississippi Valley Metropolitan Areas
BANKING ACTIVITY_____________

MANPOWER UTILIZATION

Annual
Averages

960
1965
1966
1967
1968
1969

I

1970

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
CX:t.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov. *
Dec.
1971
Jan.
Feb.
Mar.
Apr.

Total Payroll
Employment
United
Region
States
101.4
113.3
119.5
123.9
127.5
131.7
130.7

103.2
115.8
121.8

125.4
129.3

133.8

134.6

130.9

132.0

132.1
132.4

132.5
133.0
133.3
133.6
133.9
134.0
134.2
134.4
134.9
134.8
13^.9

130.6
131.4
132.1
131.5
131.8
132.2
132.6
131.3
131.2

131.2
132.0

132.1
130.3

130.6
130.9
131.2
130.5
130.6
130.3
129.3
129.7

130.6
131.0
130.7
130.7

135.2
135.4
135.7
135.5
134.9
134.4
134.3
134.1
134.3
133.6
133.4
133.8
134.5
134.4
134.5
134.7




Nonmanufacturing
Employment
United
States
Region

Manufacturing
Employment
United
Region
States

102.4

106.6
113.2

116.6
122.6

127.1
131.4
135.9

137.8

134.7
135.1
135.2
.O
136.3

136
136.2
136.2

136.3
136.9
137.2
137.3
133.5

104.1

119*0
124.6
129.2

122.6
116.6

137.3
137.8

123.4
121.4
123.9
124.3

138.2
138.7
139.1
139.5
139.6
139.9
140.1
140.9
141.2
141.3

138.5
140.0
139.6
140.2
139.8

144.3
144.4
144.7
145.0

136.8
137.4
138.2
138.6
137.8
138.6
138.6

117.4
U9.7

134.0
139.5
142.7

141.9
142.5
142.8
143.0
142.8
142.3
142.4
142.4
142.7
143.4
143.5
143.2

137.7

138.0

137.8
136.1

99.3

101.2
108.8
115*8
117.2

119.2
121.5
116.9

123.4
119.3
118.7

120.6
121.1
121.5
121.6
121.7
122.0
122.0
122.0
122.0
121.9
121.0
121.0

118.2
120.1
120.6

120.6
120.1
120.2

118.7
118.3
117.9
117.2

119.3
117.9
117.3
116.9

121.8
123.1
124.1
124.6

123.0

116.2
116.1
113*6
110.7
112.0

111.9

113.8
111.6
112.4

116.1
116.2
112.6
111.7
113*4
113.3

112.8
112.5
112.3

Unemployment
Rate
United
Region
States

Total Loans i/
United
States
Region

5.3
3.6
3.2
3.3
3.2
3.2
4.7

5.5
4.5
3.8
3.8
3.6
3.5
5.0

115.4
185.7
204.1
219.5
237.6
263.5
282.9

2.9
2.8

3.4
3.3
3.4
3.5
3.4
3.**
3.5
3.5
3.8
3.7
3.5
3.6

251.1
253.5
255.5
256.9
265.1
263.4
267.9

3.9
4.2
4.4
4.7
4.9
4.8
5.0
5.1
5.4
5.5
5.9

273.3
277.^
278.5
279.1
277.5
276.7
282.3
286.4

2.9
2.9
3.1
3.4
3.3
3.4
3.4
3.4
3.4
3.6
3.9
4.1
3.9
5.3
5.1
4.6
4.3
4.6
4.8
5.2
5.2
5.4

6.2

5.1
5.4
5.5
5.4

6.0
5.8
6.0
6.1

267.2
268.9
269.4
270.6
272.2

287.0
288.6
291.0

296.9

301.8

303.2
304.2
307.4

116.7
188.3

Bank Deposits i/
United
States

Region

211.1

102.5
140.9
148.3

290.0

174.6
182.4
187.1

224.2
245.0
274.6

261.6
265.6
266.8

274.8
272.9
274.8

278.6
279.0
271.8
282.3
283.2
284.1

284.8
285.5

161.2

182.3
I .O

83
183.2

184.1
183.7
184.2
182.4
181.4
181.4

180.8
181.2
181.0
181.0

298.5

180.9
182.4
184.9
184.3
184.5
187.5
190.3
189.7
191.1
192.4
196.7

300.0

200.8

286.2

287.4
286.9
286.7
287.5
290.7
293.2
295.2

296.8
303.0
304.2
306.7

204.8
206.3
210.3

104.9
150.3

SPENDING
Check Payments £/
United
Region
States

110.8

161.0

172.5
192.3

202.8

299.0

173.6
189.5
197.0

198.6
198.7
198.1

198.4
199.4
199.0
197.4
195.5
194.7
193.9

196.0
194.0

195.4
195.4
196.3
199.2

198.6
198.5
201.6
205.6
207.8
210.2
211.5
213.9
218.7
222.3

225.6
228.1

210.8
232.9
238.8
253.3
252.5
255.3
255.6

256.8

256.7
259.5
.I

265
266.1

264.9
263.7
271.4

282.8

291.4
297.3
297.9
297.9
300.5
307.8

311.6

305.5
294.0
296.3
304.7
320.4
325.2
331.6
332.7

113*4
174.4
199.0
217.3
252.5
299.1
332.4

278.6
281.7
284.6
287.5
295.0
301.7

306.2
310.0
311.2
311.1
309.9
3U .8

317.2
319.9
324.7

328.8
333.9
336.6
336.9
339.1
339.0
337.7
337.6
337.7
344.4
3^9.3
357.8

361.0

EIGHT
MANPOWER U T I L I Z A T I O N

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

SEASONALLY a d j u s t e d

CENTRAL M I S S I S S I P P I V A L L E Y
M E T R O P O L I T A N AREAS

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
A P R IL 1971
AREA
SUMMARY
+0*3

- 0 .6

+10^

♦ 6.7

TOTAL DEPOSITS

+ 1 3 .7

+1 4 .5

CHECK PAYMENTS

+ 1 1 .7

+ 9 .8

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS

1969

1971

1970

1969

1970

U .S .

1971

SPENDI NG

SEASONALLY ADJUSTED

TOTAL DEPO SITS

F IR CENT

UNEMPLOYMENT RATE

1 95 7 -59 -10 0

CHECK PAYMENTS

1 95 7 -5 9 -1 0 0
420
380

PER CENT

*0

340
300
260

220
180
1969

1970

1971

*

C.M.V. AREAS



U.S.

1969
1970
1971
BEGINNING WITH JULY 1 9 6 9 , l OANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

140

°REPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

St. Louis Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index
1QL.0
109.3
U5.5
117.9
119.9
122.6
120.7

I960
1965
1966

1967
1969

1966

1970

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

898
882
901
916
908
920
920
919
925
923
923
924

123.0
123.2
122.9
122.6

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

898
888
898

121.8
122.0

1971
Jan.
Feb.
Mar.
Apr.

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

891
897
913

910
902
902
895
891
901
879
877

878
888




122.4

121.1
122.9
123.3

605
605
607

122.2
122.0

621
625
628

122.5
123.3

623
619

122.4

H9.9
120.7

121.2
121.3
121.0
120.1

119.4
118.7
119*6

119.8
120.4
119*4
119.5

628
630
630

102.1
113.7
120.2
123.4
126.9
131.2
131.9

99.2
101.7
107.3
108.4
107.7
107.7
101.1

130.2

108.6
104.7
108.8

130.5
130.3

131.2

106.8
110.2

131.7
131.9
131.9

107.9
107.9
107.3
106.3

130.8

132.0

613

131.9
132.1

634

616
615
620
627

109.5
105.4

131.9
130.7
130.7

633

613
6
16
615
621
633
632
627
626
632
632

Manufacturing
Employment
Seasonally
Adjusted
Index

132.2
130.1
131.2
131.9
132.4

132.6

131.4
132.5
132.4

108.4

105.7

103.8
104.3
102.2
102.3
102.4

101.8
100.8
96.6

100.4

Unemployment
Rate
Seasonally
Adjusted

3.1
3.1
3.1
3.1
3.3
3.8
3.6
3.7
3.7
3.6
3.7
4.1
4.5
4.8
4.3
6.7
6.3
5.3
4.8
5.3
5.5
5.8
5.9

132.2

6.1

132.7

97.3
99.3
95.4

6.2
6.2

133.1
132.5

96.8

5.7

6.3

183.8
192.0
210.4
218.6

2,296

2,324
2,369
2,432
2,419
2,403
2,379

2,360

204.3
205.9

206.2

206.4
209.7
211.7
214.8

213.8
213.6
212.0
212.1

2,424

214.3

2,455
2,424
2,426
2,418
2,384
2,371
2,451
2,483
2,484
2,499
2,470
2,568

214.6
216.5

2,627
2,553
2,532
2,595

219.0
217.2
215.1
211.8
216.6
219.6
221.1
222.9
222.2

3,882

3,698
3,596

3,602

3,624
3,558
3,539
3,466
3,463
3,509
3,512
3,603
3,645
3,422
3,380
3,451
3,416
3,370
3,473
3,501
3,572
3,619

3,601

226.9

3,754

229.5

3,864
3,763
3,765
3,838

228.0
228.6

233.1

Check Payments
Seasonally
Adjusted p /
Millions
Index = *
of Dollars

99.6
130.5
133.3
142.4
150.4
151.1
148.2

162.7
179.9

2,334
2,301
2,285

SPENDING

Bank Deposits ^
Seasonally
Millions
Adjusted
of Dollars
Index

112.6

4.7
3.5
3.3
3.4
3A
3.5
5.4

94.9
97.6

132.6

Total Loans ^
Seasonally
Adjusted
Millions
of Dollars
Index

158.9
155.9
153.8
154.1
154.1
151.9
150.7
148.3
146.7
146.7
145.8
146.4
149.0
144.2
144.5
147.8
145.2
144.0
148.0
149.8
151.4
151.7
149.9
152.3
157.8
158.5

161.0

164.4

112.9

180.0
201.3
226.0
247.2
278.9
330.8

9,686

272.6

7,763
8,841
8,944

271.1
271.9
271.1
269.7

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

274.2
283.7

8,562
9,206

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

269.0

289.2
290.4
288.2
295.9

310.0

11,598
11,817
10,746
13,146

323.9
332.5
332.0
328.9
331.3
341.8
347.3
340.5
325.6
324.5
331.4

12,585
11,437
13,492
12,887

346.3
351.3
355.0
353.9

11,232
12,920
11,688

12,583

MANPOWER U T I L I Z A T I O N

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

ST. LOUIS
MISSOURI
M E T R O P O L I T A N AREA

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
A P R IL

S T . LOUIS

U .S .

- 0 .3

- 0 .6

TOTAL PAYROLL EMPLOYMENT

+ 7 .3

+ 6 .7

TOTAL DEPO SITS

+ 1 1 .2

+ 1 4 .5

CHECK PAYMENTS

+ 6 .6

+9 .8

TOTAL LOANS

1969

1970

1971

1969

1970

1971

1971

SPENDI NG

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

PER CENT
10

1971

280

260

260

380

380

240

240

340

340

220

220

300

300

200

200

260

260

180

180

220

220

160

180

180

140

140 . U.1,1,1 1 1 l.-Lu- « » 1 » » 1 » » 1 1 « i i 1 i i . l i i , l ii1971
1970
1969

140

140
*

ST. LOUIS




1957-59

280

160
1969

CHECK PAYMENTS

1957 -5 9 -1 0 0
420

i j J j L - t l - j T l 1, L. j C

1969

t f T

1970

1 1 i„t.

■l l u i i - I . I . J -

1971

BEGINNING WITH JULY I9 6 0 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

420

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Louisville Metropolitan Area

Annual
Average

Total Payroll
Employment
Seasonally
Thousands Adjusted
Persons Index

960
1965
1966
1967
1968
1969

1971
Jan.
Feb.
Mar.
Apr.

n*.3

122.7
128.3
135.2

135.6
139.9

136.2

1970

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

102.0
118.2
123.5
128.7

99.6
111.*
116.2

I

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

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

320

322
323
328
331
336
336
33*
33^
33*

321
322
31*
327
329
331
33*
335
337
335
33*
332
332
332
325
32*
325

328




13* >3
135.0
135.*
135.7
135.5
.*
136.9
.*
136.5
137.5
130.9
131.3

136
136

131.5
137.2
137.6

136.8
136.7
136.0

137.5
136.9
136.5

136.8
135.7
135.*

136.2
136.0
136.1
135.5

199

132.3
132.9

95.6
106.5

112.8

121.4
127.7
134.4

129.8
137.7

133.5
13*.3

138.6
138.7
138.1

213
213
214
*
213
*
215

135.7
136.5
137.0
137.*
137.*
137.6

136.9
137.6
137.6
135.2
135.1
137.7
119.3

208
208

138.2
138.8
138.8
138.6

200
201
206
210
21
21

209
213
217

13*.6

138.0

218
220
220
219
219
219
220

139.3
138.7
*
141.1
140.9
141.2
141.2
141.2

21*
216
218
221

142.6
1*3.7
*
144.2

1 1.0

1 5.0

119.8

119.9
134.4
135.3
133.8

132.2
131.5
131.5

129.8
128.9
129.1
126.1
125.4
125.1

122.6
120.7
120.5

SPENDING

BANKING ACTIVITY
Unemploymei
Rate
Seasonally
Adjusted

Total Loans i/
Seasonally
Adjusted
Millions
of Dollars
Index

6.6
3.5
3.0
3.C

113.*
169.7
191.1
206.4

4.0

302.7

2.6
2.8

2.4
2.4
2.3

2.2
2.6
2.8
3.0
3.0
3.1
3.1
3.1
3.0

Bank Deposits i/
Seasonally
Millions
Adjusted
of Dollars
Index

712
728
736
759

786
778
780
801

824
874

3.*
3.5
3.4
3.*
3.6
3.7
3.6
3.8
4.4
5.1
4.6
5.*

854
853
877
899

5.0
5.*
5.5
5.1

982
971
981

873
840
839

861

899
916
946
995

991

241.8
243.8
249.4
253.3
256.4

262.7
266.5
266.1
268.1
273.3
278.8

284.1

286.3
288.6

156.1
173.3
181.8
205.2

141.0
15*.3

171.0

231.4
246.5

184.7
192.3
1,309
1,227
1,214

181.7
179.5

1,235
1,239
1,247

185.3
184.3
185.7
185.4

1,226
1,230

1,225
1,257
1,277
1,354

294.0
299.7
297.*
295.5
297.6
307.2
309.4
313.1

1,332
1,247
1,231
1,267
1,271
1,255
1,289
1,291
1,321
1,350

323.2

1,*17

325.1
337.*
340.0
341.6

1,440
1,391
1,410
1,444

320.0

103.4

99.7

13*.2

228.2
262.0

737
711

Check Payments
Seasonally
Adjusted
Millions
Index 2/
of Dollars

1,382

182.8

185.6
186.2
187.3
189.2
183.7

185.1
182.5
185.4
191.5

189.6

188.3
191.8
19*.7
198.3
199.9
202.7
197.9

200.0
203.6
212.2
218.3

2,296
1,934
2,042
2,096
2,152
2,306
2,350
2,089

2,160
2,390
2,056

2,617

2,520

221.7

221.0
226.2
224.0

232.5
236.5

236.2

234.0
234.0
234.0
236.9
240.1
241.1

238.0

2,045
2,244
2,293
2,341
2,445
2,677
2,304
2,341
2,393
2,341

25*.0
250.8
252.6

2,534
2,284
2,703
2,649

259.1
262.2
268.8
271.0

2,781

235.1
242.5
247.2

248.5
246.6
248.9

252.1

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

SEASONALLY ADJUSTED

LOUISVILLE
KENTUCKY
M E T R O P O L I T A N AREA
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
A P R IL
L O U IS V IL L E
TOTAL PAYROLL EMPLOYMENT

1969

1971

1970

1969

1970

1971

1971

u.s.

- 1 .0

- 0 .6

TOTAL LOANS

+ 1 4 .0

+ 6 .7

TOTAL DEPOSITS

+ 1 4 .0

+ 1 4 .5

CHECK PAYMENTS

+ 1 1 .8

+ 9 .8

SPENDING

SEASONALLY ADJUSTED

CHECK PAYMENTS

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

PER CENT

1969
*

LOUISVILLE



U.S.

1970

1971

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

PREPAREO BY FEDERAL RESERVE BANK OF S T. LOUIS

Memphis Metropolitan Area

Annual
Averages
I960

137.4

1970

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1971
Jan.
Feb.
Mar.
Apr.

266
268
267

271
271

276
276

276
275
27

6
276

277
271
273

272
268
269

273
275

276
278
277
279
279
275
273
274

276




142.1
142.9
142.9
143.7
143.2
144.4
144.2
144.0
143.2
143.8
143.1
143.7

204
204
205

206
208
212
212
212
213
213
214

216

211
211
210
207
208

Seasonally
Adjusted

125.9
131.8
137.5
143.5
146.3
141.9
142.6
142.4
143.5
143.0
144.0
144.0
143.7
143.7
144.5
144.2
144.8

142.7
143.9
144.3
144.5
143.9
145.5
145.2
144.8
141.8
141.4
139.5
139.8

2.7
2.3
2.7
2.7
2.9
2.9

138.9
140.7
141.6

144.8
145.7
145.0
142.2
141.7
142.5
143.4
144.2
144.9
144.5
144.9
144.7

218
218
219
220

146.5
147.2
146.1
143.3
142.9
145.2
146.5
147.6
147.4
147.6
147.6
147.6

147.2
146.0
146.1
146.3

216
216
219

217

150.9

214
215
217

Unemployment
Rate

4.8
3.7
2.9
3.1
3.0
2.9
3.7

119.2

1^3.4
144.0

Manufacturing
Employment
Seasonally
Adjusted
Index
103.8
112.5
123.3
129.9
136.7
143.1
136.5

104.0

103.9
117*7
125.3
131.3

1965
1966
1967
1968
1969

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

Nonmanufacturing
Employment
Seasonally
Thousands Adjusted
of Persons Index

150.2
150.2
151.0

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

138.6
137.7
133.4
133.2
133.0

136.6
134.1
135.7
135.0
135.0

132.0

132.5
130.9

2.8
2.9
2.9
3.1
3.2
3.1
3.0
2.9
3.3
4.0
3.6
3.7
3.6
3.7
3.8
3.9
4.1
4.3
4.1
4.0
4.4
4.6

Total Loans ^
Seasonally
Millions
Adjusted
of Dollars
Index

Bank Deposits ^
Seasonally
Adjusted
Millions
of Dollars
Index

110*9
194.5
204.0

909
915
919
919
915
915

912

913
954

6

92
907
938
944.
923
934
985
994
976
990
,

241.9
246.2
244.1
245.0
249.3
251.7

251.0
252.0

249.9
248.5
244.5
245.4

244.6
244.5
251.5
254.0
251.4
255.9
268.9
271.5

1 00.8
1,098

269.1
270.1
273.2
282.6

1,121

296.O

1,092
1,063
1,041

294.3
284.9
279.9

170.3
189.3
199.9
224.0
245.8
281.5

212.0

240.2
247.5
261.4
915

112.8

108.3
171.6
177.8
197.3

219.8

912
908

Check Payments
Seasonally
Adjusted /
Millions
Index ^
of Dollars

213.5
222.5
l,**63
1,375
1,376
1,383
1,381
1,358
1,3**
,
1,31*6
1,363
1,382
1,422

1 31*2

1,407
1,330
1,362
l,4Cd
1,385
1,381
1,434
1,439
1,459
1,496
1,529
1,619

1,676
1,667

1,710
1,758

219.9
217.5
216.4

217.6
217.0

214.2
211.5

212.0
210.1
208.7
207.6
209.2
211.4
210.5
214.2
220.4
217.5

217.8

2,236
1,879
2,039

2,210
2,101

2,157
2,167
1,992
2,139
2,390
2,214

246.9

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

261.5
270.7
277.8

2,168

228.1
229.4
230.0
238.0

251.5
263.7

2,921
2,533

269.0

276.4

231.6

2,568

2,552
2,575
2,412
2,518
2,674
2,587
3,404

225.9
227.3

237.4
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0

3,062
3,003

280.0
285
292.0
283.5
.O

294.0
281.9
266.7

280.8
303.5
330.2
330.9
341.9
349.2

MANPOWER U T I L I Z A T I O N

SEASONALLY AOJUSTEO

TOTAL PAYROLL EMPLOYMENT

-5 9 -1 0 0

MEMPHIS
TENNESSEE
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

SEASONALLY AOJUSTEO

166
162

162

450

450

158

158

430

430

154

154

410

410

150

150

390

390

A PR IL

146

146

370

370

MEMPHIS

142

142

350

350

TOTAL PAYROLL EMPLOYMENT

138

138

330

330

TOTAL LOANS

134

310

310

134

—

1957 -5 9 -1 0 0
470

TOTAL LOANS

1957-59 -1 0 0
166

1957-59
470

r\

\

130

130

290

126

126

270

122

122

250

250

118

118

230

230

114

210

114
110

i f l i i 1i i 1 i i
1969

i i 1 i i 1i i 1 i i
1970

i i 1i i 1i i 1i i
1971

110

190

_ )
- j

290

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
1971
U .S .

4-2.9

- 0 .6

+ 1 0 .2

+ 6.7

TOTAL DEPO SITS

+2 5 .4

+1 4 .5

CHECK PAYMENTS

+2 4 .7

+9 .8

270

210
111 111 11 1I 1 i i 1i i 1i i 1 i i
1970
1969

.. i .. i .. i ..
1971

190

SPENDI NG

SEASONALLY AOJUSTEO

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

1 95 7-59-100

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0
420
380

PER CENT
10

340
300
260

220
180
1969

1970

1969

1971

*

MEMPHIS




U. S,

1970

1971

BEGINNING WITH JULY I9 6 0 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Little Rock Metropolitan Area

Annual
Averages
I960
1965
1966
1967
1968
1969

1970

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

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

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

122
122
122
122

1971
Jan.
Feb.
Mar.
Apr.

120
120
120
122

121
122
121
121
122

124
123
123




Nonmanufacturing
Manufacturing
Employment
Employment
Seasonally Seasonally
Thousands
Adjusted
Adjusted
of Persons
Index
Index

106.8

106.1

130.5
137.^
l4l.O
144*2
149.4
149.1

129.1
135.7
139.2
141.9
145.1
145.0

147.1
147.1
148.4
148.1
148.9

150.1
150.0
150.3
150.4

151.0
151.2
150.6
151.6
151.2

149.8
149.2

150.0

148.8
148.4
148.1
147.2
148.8
148.6
147.8
152.4
149.1
1*9.3

150.0

92
92
93
93
94
97
96
96
96
95
95
96

144.4
144.3
144.9
144.3
144.6
145.3
144.7
145.0
145.3
1*5.9
146.1
146.1

93
93
93
93
95
97
97
96
95
95
95
95

146.3
145.9
144.6
144.1
145.5
145.0
145.3
145.0
143.5
144.9
145.0
145.0

95
93
94
95

149.8
145.6
146.1
147.0

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

109.2

135.6
143.8
1*7.9

152.8
166.5
165.2
157.5

158.1
162.*
163.0
166.0
169.0
170.8
170.8
170.2
170.8
171.*
168.4

172.6
172.0
170.2
I69.O
167.8
163.6
160.6
160.0
161.8

164.2
162.4
158.7
162.4
162.4

161.8
161.8

Unemployment
Rate
Seasonally
Adjusted

Total Loans
Seasonally
Millions
Adjusted
of Dollars
Index

4.2
2.5

2.8

2.5
2 .3
3 .3

2.3
2.3

2.2
2.2
2.3
2.3
2.3

2.2

2.4
2.5

2.2
2.9
2.7
3.3
3.2
3.0
3.8
3.7
3.7
3.8
3.4
3.3
3.3
3.2
3.*
3.1

294
283

287

294
299
3#2

313
312
311
318
321
311
316
316
318
323
322
320
332
339
329

328

332
341
341
348
352

366

343.4
335.5
343.6
348.6
353.3
355.6
365.5
364.4
367.2
370.9
375.6

502
471
467

474
474

466
470
471
474

492

369.7
374.9

476

388.8

382.4
389.4
397.8

399.*
412.9
422.4
*33.*

183.4
206.3
214.3
239.3
261.3
304.8

210.5
216.9

361.8

376.9
387.2
396.0

110.1

186.1
200.8

504
512

381.2
382.8
380.1

Check Payments
Seasonally
Adjusted ? /
Millions
Index
of Dollars

107.7
160.7
173.5

133.7
259.0
282.7
299.2
319.5
357.1
383.9

2 .8

2.0
2.2

Bank Deposits ^
Seasonally
Adjusted
Millions
of Dollars
Index

507

473
483
484
479
493

500
498
509
514
531

547
546
552
569

212.2
209.6
208.8

209.4
210.4

208.6
207.8
207.5

209.7
213.1

697
558
563
645
581
652

666
619
663

255.1

251.8

254.6
247.7

258.1
257.7
268.9
274.9
271.6
265.2

213.7

679
590
727

214.4
211.9

739
641

290.0
292.0
288.2
300.0

777
754

297.7
307.3
309.9

215.2

211.6
213.9
215.0
215.1
218.2
220.4
220.3

220.2

220.3
221.4
231.4
243.1
247.2

252.1

685
731
688

720
769
807
750

886

880
1,006
852
963

259.2
271.3

285.9

320.8

316.9
319.8
329.3

36

O.O
379.2
395.3
39**7

MANPOWER U T I L I Z A T I O N

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

SEASONALLY AOJUSTEO

1 95 7 -50 -10 0

SEASONALLY ADJUSTED

1 9 5 7 -5 9 -1 0 0
166

L I T T L E ROCK
ARKANSAS
M E T R O P O L I T A N AREA

162

PERCENTAGE CHANGE

158

SEASONALLY ADJUSTED

INDEX

154

YEAR ENDING

150

A P R IL 1971

146

L IT T L E ROCK

142

TOTAL PAYROLL EMPLOYMENT

158

TOTAL LOANS

134
130

U .S .

+ 0 .5

- 0 .6

+ 1 3 .2

+6 .7

TOTAL DEPO SITS

+ 1 7 .9

+ 1 4 .5

CHECK PAYMENTS

+3 7 .0

+ 9 .8

126
122
118
114
1969

1971

1970

110

1969

1970

1971

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS
UNEMPLOYMENT RATE

PER CENT

1970

1969

PER CENT
10

1969

1971

*

L IT T L E

ROCK




U. S.

CHECK PAYMENTS

1970

1971

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

<969

1970

1971

PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS

Evansville Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Personsi Index

94.9

I960

1965
0.966
1967
1968
1969

99.8

114.9
118.4
121.3
127.0
129.8
130.2

111.8
117.9

120.6
123.6
126.9
125.0

1970

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

87
88
88
89

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

88
88
88
88
88

Jan.
Feb.
Mar.
Apr.

Nonmanufacturing
Employment
Seasonally
Thousands Adjusted
of Persons Index

87

91
90
91
90
90
90
90

90
90
89
90
90
83
83

82
88
89
90




125.5

126.0
126.3
126.3

126.9

127.5
127.3
127.9

127.0
127.0
127.7
127.3

127.0
127.6
125.9
125.0
126.0
126.2
125.6

53
53
53
5^
55
55
55
56
56
56
56
56

128.4
128.6
128.6
129.3
129.8
129.8
129.8
130.3
130.3
130.3

131.0
131.0

131.0
131.0

126.9
127.5
117.5
117.4

5^
54
55
54
54
55
5^
56
56
56
57
57

132.6

118.2
127.7
128.9
129.0

55
55
55
56

132.6
132.6
132.2

127.3

131.4
128.4
127.4
127.9

128.1
129.8
130.7
131.9
132.4

134.0

BANKING ACTIVITY____________________

Manufacturing
Employment
Seasonally
Adjusted
Index
87.5
107.1
117.1

119.6
118.6
122.6
117.1

121.1
122.1
122.9
121.8
122.5
123.9

123.6
124.3
122.1
122.1
122.9
121.8
121.1
121.8
121.8
122.1
121.4
123.2
123.2
119.3
121.1

Unemployment
Rate
Seasonally
Adjusted

Total Loans ^
Seasonally
Adjusted
Index

Millions
of Dollars

6.4
3.5
2.9
3.5
3.3
3.4
4.7
3.1
3.3
3.2
3.2
3.2
3.5
3.5
3.5
3.6
3.6
3.6
4.0

Bank Deposits ^
Seasonally
Adjusted
Index

Millions
of Dollars

232
234

238

241.8
241.2
241.4
243.4

240
246
238
241
247
248
248

250.1

248
246
247

256.1
256.6

120.7
95.0
94.3

4.1
4.0
4.3
4.8
4.9
4.7
4.5
4.6
5.0
*•9
5.3
5.4

259
265
272

94.3
120.4
123*2
124.3

4.7
4.8
4.4
3.7

271
278

252
256
260
262
266
262

267

266

239.5
244.7
249.6
251.4
252.9
256.7

259.0
259.9
264.2

266.0
267.8
266.8
261.8
268.8
277.1

276.1
276.8

281.4
285.5

161.7
179.9
191.7
198.4

192.8
205.1
210.8

219.3
243.7
263.4

231.6
236.6

101.3
150.2

146.9
160.7
17*. 9

190.2
207.2

224

Check Payments
Seasonally
Adjusted p ,
Index =/

Millions
of Dollars

100.6

113.9
173.1

228

____________ SPENDING

368

350
352
356

360
365
365
357
361
364
369

205.9
201.5
201.7
202.5
202.9
204.6
205.9

205.0
206.1
207.8

381

207.4
209.3

381

213.3
208.7
209.1

362
365
367

368

209.0

207.4
205.7
209.7
215.7
213.1
211.4

367
372
375
373
371
376
391

214.8

400
390
395
400

224.0
225.1
226.4
227.7

211.2

208.2

484
356
394
431
404
417
485
384
427
464

388

460

506

396
436
486
425
447
53*

474

189.9
189.9
197.3
198.5
197.0
196.3
194.9
204.1

203.8
205.6
202.8
200.1

202.9

200.1
209.0
208.1
205.5
201.7
209.9
218.9

219.8
208.2

449
479
421
492

208.7

517
426

214.3
215.9
225.4

506

511

205.3

228.8

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

EVANSVILLE
I N D I ANA
M E T R O P O L I T A N AREA

BANKING
ACTIVITY
SEASONALLY ADJUSTED

MANPOWER U T I L I Z A T I O N

TOTAL LOANS

166

1 95 7 -59 -10 0
470

162

450

158

430

154

410

YEAR ENDING

150

390

A P R IL 1971

146

370

142

350

TOTAL PAYROLL EMPLOYMENT

138

330

TOTAL LOANS

134

310

1957-59-100

1 95 7 -59 -10 0

1 95 7 -5 9 -1 0 0

130

290

126

270

122

250

118

230

114
110

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX

EV A N SVILLE

U .S .

+2 ,5

- 0 .6

+ 1 0 .2

+ 6 .7

TOTAL DEPO SITS

+ 8 .9

+ 1 4 .5

CHECK PAYMENTS

+ 9 .9

+ 9 .8

210
i i I i 11 i.1 I 11 ,i i.l i i.l ij.l 11 Li-ill

1969

1970

i

11 11.1.L

190

1971

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

1 957-59-100

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0
420
380

PER CENT

340
300
260

220
180
1969
*

EVANSVILLE



U.S.

1970

1971

B E6INN ING WITH JULY I9 6 0 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Springfield Metropolitan Area

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persongi Index

960
1965
1966
1967
1968
1969

106.8

111.1
126.2
132.6

I

116.4
120.5

120.7

126.6

142.6
147.8
150.9

1970

1969

MANPOWER UTILIZATION
Nonmanufacturing
Manufacturing
Employment
Employment
Seasonally
Seasonally
Thousands Adjusted
Adjusted
Index
of Persons Index
124.8
134.5
144.6

152.1

131.9
138.5
143.7

176.9
177.8
174.0

136.1
137.1
137.5
138.5
138.5
139.2

184.2
180.9
174.1
176.3
176.3
177.5
177.5
179.7
179.7

BANKING ACTIVITY________________
Unemployment
Rate
Seasonally
Adjusted

2.4
2.5

147.5
147.5
146.1
147.5
147.5
148.3
147.5
148.0
147.7
148.5
149.1
148.5

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

137.8
139.2
141.0
140.6

175.2
174.1

3.7
3.3
3.4
3.6
3.9
3.1
3.3
3.3
3.6

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

55
55
55
56
56
57
57
57
57
57
57
57

149.9
149.9
149.6
148.5
11*9.9

40
40
40
41
41
42
42
41
41
42
41
42

142.4
142.7
142.7
142.7
142.7
145.9
145.5
145.9
144.1
143.8
143.1
143.4

174.1
172.9
171.8
167.3
172.9
175.2
174.1
177.5
176.3
169.5
176.3
179.7

3.7
3.1
3.8
4.1
5.7
4.3
3.8
4.1
3.9
3.9
4.3
3.8

1971
Jan*
Feb.
Mar.
Apr.

55
55
56
56

40
40
4l
4l

142.8
142.4
144.2
142.8

172.9

4.4
4.8
4.2
4.6




152.8
152.3
153.4
151.7
149.9
150.9

152.0
149.9

149.1

150.7
1^9.9

178.6

170.6

171.8
172.9

2.2

68

78
77
77

334.0
348.5
350.5
348.5
343.7
358.7
360.7
365.5
377.7
372.3
374.8
379.6

76
76
77

381.1

69
70
72
71
73
76
78

80

110.8
166.3
179.8

160.1
218.0

201.6
266.1

184.7

254.5
306.4
359.5
401.4

3.2
4.0

Check Payments
Seasonal,!;
Adjusted,
Millions
Index ■
of Dollars

104.2
152.3

190.3

2.8

55
55
54
55
55
55
55
56
56
57
56
56

Bank Deposits ^
Seasonally
Adjusted
Millions
Index
of Dollars

125.2
210.0

6.4
3.7
3.2
3.3

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

138.2
138.2

Total Loans ^
Seasonally
Millions
Adjusted
Index
of Dollars

__________ SPENDING

248.7

231.4
235.6

128
122
122
123
124
124

126
126
128
126
124
122

230.1
231.7
234.0
233.8

236.1
23^.7
234.5
232.5
231.1
229.1

226.0
222.7

291.5
307
242

270
282
268
296
318
289

332
271
309

288.5
287.7
286.4
284.4
289.7

226.1

123
123

122

232.9
235.3

231.0

87

393.7
394.7
39**.7
401.9
408.3
427.2
414.6
416.0
425.2

125
131
135
135
135
135

233.7
240.9
244.0
244.9
245.3
248.1

329
332
314
359

87
87
89
92

430.6
43^.5
442.2
446.1

137
135
137
142

248.7

366

269.5

367
446
437

81
82
81
84
87
90
87

86

256.1
263.6

266.6

268.4
270.4
273.5

118
118

221.5
223.4

259.1
262.5
262.7
264.7

314
317
274
318

378.2
381.1

123

263
261.1

.O
259.9

312
298
330
348

328

280.8

288.8
292.8
289.2
291.5
289.2
299.3
310.0

3^4.5
371*.1*
399.5
403.2

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT
195 7 -59 -10 0

1 95 7 -5 9 -1 0 0

SPRINGFIELD
MISSOURI
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

TOTAL LOANS
1 9 5 7 -5 9 -1 0 0

1 95 7 -5 9 -1 0 0
470
450

PERCENTAGE CHANGE

450

SEASONALLY ADJUSTED

INDEX

410

YEAR ENDING
A P R IL

390

SP R IN G FIE L D

370

1971
U .S .

350

TOTAL PAYROLL

+ 0 .9

- 0 .6

330

TOTAL LOANS

+ 1 3 .3

+ 6 .7

TOTAL DEPO SITS

+ 1 5 .7

+1 4 .5

CHECK PAYMENTS

+4 1 .8

+ 9 .8

310
290

em plo ym en t

270
250
230
210
1969

1969

1971

1970

1970

1971

190

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

1 95 7 -59 -10 0

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0
420
380

PER CENT

340
300
260

220
180
1969

1970

1969

1971
*

SPRINGFIELD



—

U.S.

1970

1971

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Fort Smith Metropolitan Area
MANPOWER UTILIZATION

Animal
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons index

1

i960
1965
1966
1967
19
68
1969

92.7
126.7
133.5
135.1
136.9
142.2
144.9

95.9

132.8
139.1
142.8
146.6
155.7
.1*

157

1970

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

Nonmanufacturing
Employment
Seasonally
Thousands Adjusted
of Persons Index

44
44
45
l
46
46
46
46
47

152.6

28
28
28

47
47

154.1
157.4
158.4
157.8
159.0

29
30
29
29
29
30
30
30
31

140.0
140.2
140.2
141.4
141.3
142.2
141.3
142.0
142.6
143.9
144.7
146.4

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

46
46
46
47
48
47
47
47
47
46
46
45

158.3
158.4
159.7
159.7
159.3
159.9
157.5
157.0
155.5
154.8
154.6
153.9

29
29
29
30
31
30
30
30
30
30
30
30

145.2
145.6
145.7
145.3
146.1
145.1
145.6
144.7
143.7
143.7
144.3
143.2

1971
Jan.
Feb.
Mar.
Apr.

45
45
46
46

155.6
154.9

29
29
29
29

145.7
143.8
145.3
142.9

*6

47




153.3
153.5
154.6
155.6
155.9

156.2

158.2
157.5

BANKING ACTIVITY_____________________

Manufacturing
Employment
Seasonally
Adjusted
Index
103.4
147.2
152.3
160.7
169.3

187.2
186.6
182.0
183.9
184.5
185.3

188.8
187.8
190.9
182.2
191.9
192.2
188.4
188.4

188.7
188.2
192.5
193.4
190.3
194.3
185.4

185.6

183.3
180.5
178.5
178.9
178.5

180.9
188.4
191.8

Unemployment
Rate
Seasonally
Adjusted

Total Loans
Seasonally
Adjusted
Millions
of Dollars
Index

5.2
4.8
4.4
5.5

4.6
4.5
5.0
4.6
4.8
5.0
5.3
5.9
5.9
6.4

6.8
7.1
6.9
6.7
6.3

6.0

213.8
237.0
258.2
79

80
81
82
83
84

86
88
88
90
90
91

89
90
90
91
92
93
92
92
93
96
95
99

101
100
103
108

223.1

225.6
228.1
229.2

230.4
230.4
237.6
244.3
245.7
248.5
249.9
251.3

251.0

252.4
252.4
254.9

256.0

254.9
254.0
255.4

261.0
266.0
265.2

275.2

283.8
279.9
290.8
301.7

___________ SPENDING

Check Payments
Seasonally
Adjusted /
Millions
Index &
of Dollars

103.2
168.2
I69.O
174.9
182.8
192.9
205.8

115.5
200.4
208.4
208.3

8.9

6.8
6.1

4.3
4.4
4.4
4.5
4.4
4.4
4.0
4.5
4.4
4.4
4.3
4.3

Bank Deposits
Seasonally
Adjusted
Millions
of Dollars
Index

126
123
122
123
124
125
127

128

127
129
132
133
132

126
127
129
129

187.9

190.0
190.6
189.1

193.4
192.9

192.0

195.9
193.8
193.9

198.1
196.8

105.0

153.2
171.9

189.2
203.0
223.9
237.3
196
158

182
184
182
193
213

186
198
210
180
210

196.6

230
203
211

201.2

215
203

195.4
197.0
200.5

132
137
137
139
142
143
147

203.9
207.5
209.1
211.7
214.0
214.9

153
149
154
163

229.8
238.5
252.8

217.6
227.7

217.8
215.3
212.0
212.7
217.8
223.9
228.7
229.3
234.3
231.3

232.8

230.9

217
24l

240.4
236.7
232.5
225.1
229.3
234.6
238.5
238.3
239.8
240.6
244.0
247.5

239
209
254
252

252.8
258.6
261.2
265.2

226
210
221
230
243

FORT S M I T H
ARKANSAS
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

MANPOWER U T I L I Z A T I O N

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT
1 95 7 -59 -10 0

TOTAL LOANS

1 95 7 -5 9 -1 0 0

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
A P R IL
FORT SMITH

1970

1969

1971

1970

U .S .

- 1 .4

- 0 .6

TOTAL LOANS

+ 1 8 .4

+ 6 .7

TOTAL DEPO SITS

+2 6 . 1

+1 4 .5

CHECK PAYMENTS

+ 1 7 .8

< 9 .8

TOTAL PAYROLL EMPLOYMENT

1969

1971

1971

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

1 95 7 -59 -10 0

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0

*20
PER CENT

UNEMPLOYMENT RATE

580

PER CENT

340
300
260

220
180
1969
*

FORT SM ITH



U.S.

1970

1971

BEGINNING WITH JULY 1 9 6 9 v LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

197!

140

PREPARFD BY FEDERAL RESERVE BANK OF S T. LOUIS

Pine Bluff Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

1

960
1965
1966
1967
1968
1969
I

Nonmanufacturing
Employment
Seasonally
Thousands Adjusted
of Persons Index

101.7

107.7

134.3

135.7
145.1
147-9
150.3
153.9
1^9.3

141.8
144.2
147.1

150.0

145.4

1970

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

24
24
25
25
25
25
25
25
25
25
25
25

151.1
150.5
151.1
150.1
149.5
1^9.9
1^9.5
148.7
149.0

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

24
24
24
24
24
24
24
24
24
24
24
24

149.0
148.1
147.6.
146.3
145.8
143.3
144.3
142.5
1^3.3
144.9
145.0
144.8

1971
Jan.
Feb.
Mar.
Apr.

24
24
24
24

145.4
145.9
144.7
144.3




149.5
150.3

151.0

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

18

19
19
19

18
18
18
18

19
19
19

18
18
18
18

152.8

154.1
154.6
154.8
154.4
155.6
154.0
153.6
154.0
153.7
152.7
152.9
153.2
152.3
151.1

150.2
149.9
146.5
148.2
145.6
146.7
148.7
149.8
149.3

SPENDING

BANKING ACTIVITY

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

125.3
129.9
132.3
133.3
137.6
138.4
133.9

6.3
4.0
3.6
4.0
3.9
3.8
5.5

139.6
139.1
140.3
140.1
139.0

3.3
3.4
3.6
3.3
3.5
3.6
3.7
3.6
3.9
^.3
4.5
4.3

138.0
138.5
137.5
137.9
137.0

136.8
137.5

136.5
135.5
137.2
134.7
133.7
133.9
132.7
133.^
133.3
133.6

130.8
131.6

150.8

129.3

151.1
148.7
148.0

132.9
133.5

130.8

4.7
5.2
5.4
6.3
5.5
5.3
4.9
5.9

Total Loans
Seasonally
Adjusted
Millions
Index
of Dollars

Bank Deposits
Seasonally
Adjusted
Millions
of Dollars
Index

108.2
165.0
183.8

128.7
244.5
256.5
275.5
295.6
321.3
335.1
78
79
79
79
79

80
79
76
77
78
79
78
78
79
79
78
78
79

80

319.3

326.6
326.2
327.O

324.6
325.8
324.6
309.0
313.1

320.1
322.1

317.6

319.3
323.8
327.5
320.9

322.1
322.1

113.5

162.0
176.9
192.9
203.7

197.3
203.4
204.5

223.2

210.2

126
123
123
123

121
121
118
115
120
125
128
127
123

120
120
120
117
120
125
127

5.6
5.4
5.4

84
84
85
87
91

327.9
3^3.9
342.6
346.3
355.3
369.3

132
136
142

6.1
6.4
6.0
6.0

92
93
97
96

376.6
382.4
400.4
396.7

l4l
l4l
147
146

6.0

Check Payments
Seasonally
Adjusted
Millions
Index
of Dollars

129

207.3

207.2
206.8
207.2

206.3
208.7

202.2
196.2
200.8
206.3
206.0

199-4

244.7

116
91
107
113

100
109
117
96
119
136
124
146

202.0

122
106
115
118

206.1
213.8

109
125
123
115

202.4
202.7
202.5
199-4

216.7
216.3
219.1

218.9
222.8
231.2

237.6
248.1
246.7

129
140
144
159

124
115
134
143

230.2
223.1
227.8
227.2
229.6
235.3
238.6

234.0
205.9

192.2
205.0
229.5

252.6

245.0
248.7
244.6

250.6
263.1
254.5

258.9
230.7
209.9
227.1

251.2
274.6
263.3

282.0
286.4

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS
1 95 7 -5 9 -1 0 0
470

1 9 5 7 -5 9 -1 0 0
470

450

450

430

430

410

410

390

390

370

370

350

350

TOTAL PAYROLL EMPLOYMENT

- 1 .4

- 0 .6

330

TOTAL LOANS

+ 2 3 .6

+ 6 .7

310

TOTAL DEPO SITS

+2 1 .8

+ 1 4 .5

CHECK PAYMENTS

+ 17.1

+ 9 .8

330
310

1969

____ "

290

290

270

270

250

250

230

230

210

210

190

1971

1970

P I N E BLUFF
ARKANSAS
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

MANPOWER U T I L I Z A T I O N

1 I.J 1 1 1 1 1 1 1 1

1 -l 1 l ■ 1 1 ■ .1 l l

1969

1970

I 1 1 1 ,1 1 I t

1 1 l ,

1971

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
A P R IL

P IN E BLUFF

1971
U .S .

190

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPO SITS

PER CENT

UNEMPLOYMENT RATE

1969




U.S.

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0

PER CENT

*

P* NE BLUFF

1 95 7 -59-100

1970

1971

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS

State Summary
MANPOWER UTILIZATION________________ ______ _______________

Annual
Averages
I960
1965
1966
1967
1968
1969

1970

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

Total
Employment
United
Five
States States

Total Payroll Nonmanufacturing
Employment
Employment
United
United Five
Five
States States States States

N.A.
108.5
111.5
113.3
115.1
114.6
114.9

111.2

120.1
127.6

118.8
121.9
123.0

131.5
135.3
A
144.3

134.6

120.5
121.3
121.4
121.3

142.4
142.3
142.5
143.0
143.2
143.5
143.4
143.9
144.0
144.1
143.6
143.5

132.5
133.0
133.3
133.6
133.9
134.0
134.2
134.4
134.9
134.8
134.9

144.1
144.7
144.6
144.4
144.1
144.0
143.8
143.8
144.3
144.4
144.5
145.0

135.2
135.4
135.7
135.5
134.9
134.4
134.3
134.1
134.3
133.6
133.4
133.8

146.3
145.8
145.4

134.5
134.4
134.5

114.8
114.4
114.3
114.9
114.3
113.7
114.7
114.5

115.0
115.0

102.9

114.1
116.4

121.1

121.7
121.9
122.4
122.4

114.7
114.8

122.8
122.9
123.2

115.5
115.3

123.5
123.3

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

114.9
115.5

122.8

1971
Jan.
Feb.
Mar.

117.4
116.5
116.4

123.4
122.9

115.0

114.8
114.8
114.2
114.4
114.3

115.0
115.2




123.6
123.4
123.0

122.5
122.9

122.8
122.8
123.1
122.9

122.8

103.7

1 3.3

103.2
115.8
121.8

125.4
129.3

133.8

132.0

103.6
119.0
125.1
129.6

104.1

119.0
124.6
129.2

133.0
135.1
137.3

134.0
139.5
142.7

134.2
134.3
134.2
134.7
135.1
135.1
134.8
135.5
135.7
135.8
135.9
135.7

137.3
137.8

138.2

138.7
139.1
139.5
139.6
139.9
140.1
140.9
141.2
141.3

Manufacturing
Employment
United
Five
States States
104.1

108.1
161.9

121.5
116.9

167.1
164.8
164.9

120.6
121.1
121.5
121.6
121.7
122.0
122.0
122.0
122.0
121.9
121.0
121.0

3.4
3.5
3.5
3.7
3.6
3.8
3.7
3.8
3.8
3.7
3.9
4.0

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

165.0
165.4
165.6

120.6
120.1
120.2

165.5
163.9
163.5

119.3
117.9
117.3
116.9

4.1
4.2
4.4
4.9
5.0
4.7
4.6
4.8
5.0
5.2
5.2
5.2

3.9
4.2
4.4
4.7
4.9
4.8
5.0
5.1
5.4
5.5
5.9

6.2

223.6

5.0
5.5
5.5

6.0
5.8
6.0

228.7
226.7
N.A.

165

.O
164.3
165.5
165.9
165.5
166.4
.O

167
167.0
166.8

161.0
161.9

140.4
140.1
140.0

144.3
144.4
144.7

162.5
161.7
160.5

138.1

Personal
Income
United
Five
States\
States

5.5
4.5
3.8
3.8
3.6
3.5
5.0

138.5
138.9

136.8
136.9
136.9
136.9
136.9
137.4

_______________________INCOME

N.A.
4.7
4.1
4.3
3.9
3.7
4.8

122.6
133.5
136.2
140.7
165.9
163.6

141.9
142.5
142.8
143.0
142.8
142.3
142.4
142.4
142.7
143.4
143.5
143.2

136.5
137.2
137.0

101.2
108.8
115.8
117.2
119.2

Unemployment
Rate
Udited
Five
States
States

162.9
162.6
163.5
161.9

116.1
116.2
112.6
111.7
113.4
113.3

112.8
112.5

109.8
160.8

147.6

147.5

173.8
191.1
205.9
219.1

172.3
188.5

200.6
200.2
202.5
203.6

204.0
205.1
207.4

209.6
209.0
208.0
209.6
210.8
212.3

205.0
219.3

197.2
198.5
200.4

201.6
202.8
206.0
207.6
204.3

208.9
209.9
210.9

212.0

212.9
213.9

215.0
216.6
217.1
218.2
219.9
221.8

218.9
218.5
219.9

221.3
221.4
221.3
220.5

222.3
221.7
222.4

215.6
220.6
220.8

Farm Cash
Receipts 3/ 4/
United
Five
States
States
3,431
4,280
4,398
4,425
4,683
4,851
5,073
435

708
982
1,238
1,510
1,807
2,138
2,441

2,826

3,472
4,214
4,851
423

712
1,010
1,293
1,575

1,882
2,230
2,526
2,881

34,010

39,160

43,094
42,693
44,218
47,229
48,678
3,951
7,035
10,209
13,379

16,652
20,036
23,773
27,594

32,121

37,600
42,685

47,229
4,159
7,475
10,976
14,356

17,626
21,086
25,011

223.8

3,571
4,471
5,073

28,830
33,121
38,727
44,442
48,678

226.5
227.3
N.A.

423
713
1,014

4,157
7,487
11,074

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

.CENTRAL M I S S I S S I P P I
VALLEY STATE SUMMARY

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0
190

1957-59-100
190

PERCENTAGE CHANGE

180

180

170

170

YEAR ENDING

160

160

MARCH 1971

150

150
140

140
150
120

.— ---

150

»» 1 » 1 1 1 t 1 1 1

M

1969

1 11111111

t i l I-1..1..L1 1 1 1 ,

1970

1971

120

TOTAL NONMANUFACTURING

SEASONALLY ADJUSTED

INDEX

STATE
SUMMARY
TOTAL PAYROLL EMPLOYMENT

U .S .

+ 0.6

- 0 .9

NONMANUFACTURING

+2 . 2

+ 1 .5

MANUFACTURING

-5 . 1

- 6 .4

TOTAL EMPLOYMENT

+ 1.2

-

PERSONAL INCOME *

+5 .4

+ 6 .5

0.6

PERSONAL

INCOME

SEASONALLY ADJUSTED

170
160
150
140
150

120

TOTAL MANUFACTURING
240

240

220

220

200

200

180

180

160

160

140

140

120

120

100

100
80

80
60

11 Li ! 1111

11111» l

I t.u

1969

11111111» i

1970

C.M.V. STATFS —



>

1971

U.S.

60
PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Arkansas
MANPOWER UTILIZATION_________________________________________

Annual
Averages

Total
Employment
Seasonally
Thousands
Adjusted
Index
of Persons
102.4
H5.9
H9.3
121.4
124.2
128.5
127.8

I960

1965
1966
1967
1968
1969
1970

1262

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

153
514
515
521
525
531
539
540
543
540
536
532
533

662

716
675

128.3

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

660
668
678
690
703
712

128.8
128.1
128.4
128.1
127.6

129.1

522

709
713

700
708
701
670

127.1
127.5

127.3

523
525
531
533
538
537
539
538
535
531
533

1971
Jan.
Feb.
Mar.

665
679
690

130.0
131.0
130.2

674
691
705
715

721
718
711
721




127.3
127.7
127.2
128.6
128.4
127.9

129.2
128.4
129.2
129.5

129.8

127.2
127.0
127.5

104.1

105.9
131.3
140.0
143.6
ivr.7
153.0
^

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

651

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

522
524
529

Manufacturing
Employment
Seasonally
Adjusted
Index

Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

126.1
132.6
135.9
138.9
142.5
1U3.7

110.9
145.4
160.3
164.9
172.2
182.2
180.3

6.6
5.2
4.5
4.4
4.2
4.1
5.2

344
384
4l4
441

3.9
4.0
3.8
4.0
3.9
4.1
4.3
4.2
*.3
4.2
4.7
*.3

405
376
383
391
400
409
409
410
423
462
469
427
441
421
408
417
422
437

151.9
151.8
152.3
152.4
153.3
153.5
153.8
153.8
153.7
153.2
153.1
153.5

351
352
356
359
363
369
369
371
369
365
363
365

141.8
141.8
141.9
141.8
142.5
142.8
143.0
143.2
143.0
142.3
142.5
142.9

179.8
179.6
181.0
181.6

154.1
154.2
153.4
154.2
153.9
153.0
152.9
152.5
153.1
153.0
153.2
153.5

355
357
358
365
367
370
371
371
370

183.9
183.4
183.4

367
370

1*3.3
143.7
142.6
143.8
144.0
143.4
143.8
143.3
143.6
143.8
14^.3
144.7

179.6
177.9
177.8
179.6
178.4
177.5
177.7

4.5
4.6
4.9
4.9
5.2
5.1
5.2
5.5
5.6
5.7
5.7
5.5

154.2
154.5
154.7

360
362
36

145.2
145.7
145.9

178.9
178.7
179.0

5.7
5.5
5.7

368

____________________________ INCOME

Unemployment
Rate

183.2
183.6
183.0
183.2
183.2
182.6
182.7

182.9

182.8
181.0

205

298
328

Personal
Income
Seasonally
Adjusted
Index
112.4

163.6
179.9
189.1
210.6
226.9
241.9
222.4
217.7
222.9
225.7
228.5

226.2
228.5
229.3
230.7

226.1
230.7
233.7

491
446

242.1
243.5
237.6
240.4
240.5
241.9
244.5
242.7
242.2
241.4
242.0
244.2

477
432
N.A.

261.9
249.7
N.A.

438

434
444

492

Farm Cash
Receipts
Millions -/
of Dollars *
2,459
3,581
3,931
*,132
4,611
4,964
5,291
405
781
1,164
1,555
1,955
2,364
2,773
3,183

3,606

4,068
*,537
4,964

441

862

1,270
1,687
2,109
2,546
2,984
3,418

3,862

*,354
4,845
5,291

477
909
N.A.

Millions
-/
of Dollars * *
669

910

986
914
999
1,039
1,057
66
112
155
201

250
316
374
428
515

692
900
1,039
59
103

150

196
243
309
372
423
511
684
961
1,057
69
117
164

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

ARKANSAS

TOTAL PAYROLL EMPLOYMENT

1 95 7 -59 -10 0

1 9 5 7 -5 9 -1 0 0
190
180

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

170

YEAR ENDING

160

MARCH 1971
ARKANSAS

U .S .

4-0.8

- 0 .9

NONMANUFACTURING

+2 .3

+ 1 .3

MANUFACTURING

- 2 .4

- 6 .4

150
140
130
120

TOTAL PAYROLL EMPLOYMENT

TOTAL EMPLOYMENT

+

1.6

-

0.6

PERSONAL

INCOME

TOTAL NONMANUFACTURING
170
160
150
140
130
120

TOTAL MANUFACTURING
240

240

220

220

200

200

180

180

160

160

140

140

120

120

100

100

80

80

60

1-1 1...L1.1JL-L.

I I I I L i 1.1 I 1-L

1970

1969
ARKANSAS




.

U .S .

. I I 1.Ll L1
1971

60
PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS

Kentucky
MANPOWER UTILIZATION____________________________________________

Annual
Average

Total
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

960
1965
1966
1967
1968
1969
I

N.A.
104.3

140.5
li*3.5

115.8

1,081
1,070
1,108
1,136
1,156
1,147
1,158
1,176
1,172
1,134

1,110

117.0

114.8
114.6
114.7
114.1
113.9
114.6
114.0
114.1
114.9
114.0
114.2

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

1,075
1,090
1,109
1,143
1,163
1,144
1,167
1,214

1971
Jan.
Feb.
Mar.

1,111

120.0
118.8

1,135

119.5

1,056

1,211
1,162

1,151
1,109




114.2
115.1
114.9
114.8
114.8
114.6
114.3

115.0
117.9
118.7
116.9
118.4

102.5
117.7
122.9

126.2
131.3
136.3

112.9
114.6

1,087

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

102.5
119.1

108.2
110.8

1970

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

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

875

876
879
891
902
911
901
899
909

910
895
900
871

886
892
906
916
921
915
919
931
936
937
942

920
913
917

140.0
140.3
140.2
140.5
140.5
141.3
l4l.0
140.7
141.0
141.6
139.5
139.7

630
630

656

659
649
649

656

654
653
654

632
636

139.5
141.8
142.1
142.8
142.6
142.7
143-3
144.0
144.6
145.6
146.1
146.3

667
665
666
677
682
685
689

147.2
146.1
146.2

664
671

641
654
664

668

102.6

123.1
135.5

128.6
133.6
137.8

138.8
113.9
150.1

137.5
137.6
137.3
137.6
137.9
138.3
137.8
137.9
137.8
137.6
137.8
137.9

147.2
148.1
148.3
148.6
147.9
149.5

141.1

634
647

Manufacturing
Employment
Seasonally
Adjusted
Index

138.1
138.7
138.9
139.0
139.6
139.9
141.2
141.6
142.4
143.6
144.6
145.4
146.0
144.8
145.3

*
148.4

150.0
148.7
150.2
152.9
144.4
144.6
143.6
150.4

_____________________________ INCOME

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

109.6

N.A.
5.9
5.1
5.1
4.7
4.2
5.1
4.1
4.2
3.9
4.3
3.9
4.1
3.9
4.0
4.1
4.1
4.5
4.9

760

712

730
741
744
776

766
764
779

788

204.2
202.9

1,1*72

760
2,202

108
152

207.5
207.1
213.5
212.9
214.0

2,91*3
3,68?
i*,i*63
5,229
5,993
6,772
7,560
8,352
9,203

278

215.8
215.3
214.9

214.1
221.9
224.0
225.4

839
853
857
924

150.9
149.8
148.7

5.4
5.9
5.7

803
N.A.

150.8
149.1
150.8

856

Millions ^/
of Dollars * *

207.2

796
779
791

806
811
826
827
823

Million
,,
of Dollars * *
**,792
6,1*89
7,11*3
7,735
8,517
9,203
9,932

211.2

150.7
151.4
150.4
148.9

151.2

Farm Cash
Receipts

148.4
163.5
177.0
194.8
210.5
227.3

792
851

4.6
5.0
4.7
5.0
5.1
5.1
5.2
5.1
5.2
5.5
5.4
5.6

153.3
151.1

Personal
Income
Seasonally
Adjusted
Index

225.8
227.2
229.6
230.6

232.4
233.2
232.9
229.9
230.4
228.7
N.A.

796
1,575

2,366

3,172
3,963
**,809
5,636
6,1*59
7,298
8,151

9,008

9,932

856
1,659
H.A.

559
687
725
824

826
886
928
195
236

324
373
422
479

561
886
683

111
162
211
258
304
351
403
453
509
593

720
928
88

136
185

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED
1957 - 5 9 - 1 QO
190

KENTUCKY

1957-59

190

PERCENTAGE CHANGE

180

180

170

170

YEAR ENDING

160

160

MARCH 1971

150

150

120

KENTUCKY
TOTAL PAYROLL EMPLOYMENT

140

140
130

SEASONALLY ADJUSTED INDEX

— -1969

1970

1971

120

TOTAL NONMANITFACTUR! N6
170

170

160

160

150

150

U .S .
- 0 .9

NONMANUFACTURING

+ 4 .6

+ 1 .3

MANUFACTURING

- 1 .7

- 6 .4

TOTAL EMPLOYMENT

+ 4 .0

- 0 .6

PERSONAL INCOME *

+3 . 1

+ 6 .3

130

11111111111 ii1ii1ii1ii ii1ii1ii1ii

+2 .9

*

YEAR ENDING FEBRUARY

PERSONAL
1957 -59-100
300

INCOME

SEASONALLY ADJUSTED

1957-59 -100
300

290

290

280

280

140

270

270

EMPLOYMENT ] g s 7- S 9 - \ 0 0

140

1 9 5 7 -5 9 -1 0 0 T 0 T A L
140

130

130

130

130

260

260

120

I1111111111 ii1ii1iiIi. ii1ii1it1ii 120

120

120

250

250

110
100

110
100

240

240

230

230

90

220

220

140

I9 6 0

1970

1971

TOTAL MANUFACTURING
240

240

220

220

90

_L1_

1969

_Ui.Ui.Ui. 111.11-U 1.1,1-L
1970

1971

200

200

210

210

180

180

200

200

160

190

190

MO

180

180

120

170

170

100

160

160

80

150

160

a

✓

140
120

-----s__

100
80
60

lI1111l11ll ii1ii1ii1lI ii1ii1ii1ii
1969

KENTUCKY



1970

U.S.

1971

60

140

150
_1_L
I n 1i.i.Li i-Ii.il i.,L11 t1ix.11 i1iJ.J ii 1

1969

1970

1971

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Mississippi
MANPOWER UTILIZATION____________________________________________

Annual
Averages

Total
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

960
1965
1966
1967
1968

103.0
111.1
111.1
112.5
115.0

I

770
775

781

791
784

786
793
793
789

114.4
114.5
114.6
114.6
114.8
115.1

115.0
115.4
115.6

105.8
123.8

127.1

131.4
135.9

139.3
143.4
148.5

551
553
556

561

567
571
567
573

580

146.9
147.4
147.5
147.6
148.1
148.6
148.5
149.6

150.1
150.1
150.1

15 5
160.8
160.3
160.1
160.3
160.6
161.3

386

141.6
142.0
142.1
142.0
142.5
143.1
* .3
144.4
145.1
145.4
145.7
142.0
146.3
146.8
146.4
146.7
147.1
146.4
146.9
147.2
147.4
147.8
147.8
147-9

160.3
160.5
161.5
161.9

149*9
149-5
149.0

161.5
162.7

147.1
373
374
377

381
385
386
385
388
395
395
394

788

115.5
115.3
115.3

579
577
578

147.5

776
777
778

115.8
115.7
115.7

566
568

150.8
150.6

116.4

573
577
576
575
578
584
584
584
585

150.1
150.6
150.8
151.3
151.6
151.9
152.0

385
387
389
393
398
395
394
395
401
402
400
402

576
575
578

153.5
153.0
153.0

395
394
396

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

794
795
795
795

1971
Jan.
Feb.
Mar.

786
785
788

782
788
795
791

788




115.6
115.8
115.7
116.0
115.6
115.8
116.0
116.2
117.2
117.0

117.1

567

150.9

150.5
150.9

105.9
134.8
146.9
147.6
*.

138.7
1*3.3

151.0

115.9

766
768

Manufacturing
Nonmanufacturing
Employment
Employment
Seasonally Seasonally
Thousands
Adjusted
Adjusted
of Persons
Index
Index

105.8
136.0

108.4

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

Total Payroll
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

10

159.2

161.7
160.5

161.8
161.8
161.3
160.6
160.5

161.6
160.5

160.5
159.5
159.7
159.0
159.4
159.4

162.0

_____________________________ INCOME

Unemployment
Rate

Personal
Income
Seasonally
Adjusted
Index

Farm Cash
Receipts

Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

6.7
4.6
4.2
4.8
4.5
4.2
4.8

219
309
346
371
406
436
465

114.7
161.5
180.9
193.9
212.3
243.0

3,712
*,153
*,454
4,877
5,235
5,577

3.7
4.1
4.1
4.2
4.1
4.2
4.2
4.5
4.2
4.2
4.4
4.1

420
410
415
4l8
425
426
428
433
443
475
483
459

222.9
224.7

830

3.9
4.5
4.8
5.0
4.9
4.8
4.9
5.0
4.8
5.1
4.9
5.0

447
433
441
450
452
457

4.8
5.3
5.6

454

454
468

500
521
500

486
466
N.A.

228.1

225.6
228.2
229.1
227.3

231.6

232.4
231.5

227.2
232.8
224.2

237.4
237.0
239.5
245.6
243.4
243.9
245.3
243.3
244.9
239.6
242.5
253.5

258.2

254.8
N.A.

Millions -/
of Dollars

2,632

420

1,245
1,663

2,088

2,514
2,942
3,375
3,818
4,293
4,776
5,235
447

880

1,321
1,771
2,223

2,680

3,134
3,588
4,056
4,556
5,077
5,577

486
952
N.A.

Millions
of Dollars
592
819
751
767
824
807
904
99
153
205
250
299
349
396
440
494
603
731
807
84
139
193
241
294
349
404
447
492
641
814
904
99
157

212

^

MANPOWER
UTILIZATION
SEASONALLY AOJUSTED

MISSISSIPPI

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0
190

1957-59-100
190

PERCENTAGE CHANGE

180

180

170

170

YEAR ENDING

160

160

MARCH 1971

150

150

140

140

150
120

———

SEASONALLY ADJUSTED INDEX

- 0 .9

NONMANUFACTURING

+ 1 .8

+ 1 .3

MANUFACTURING

+ 1 .4

- 6 .4

TOTAL EMPLOYMENT

+ 1 .2

- 0 .6

PERSONAL INCOME *

+ 7 ,5

+ 6 .3

130

I I 1 M 1 1 1 1 1 1 .. 1 1 1 i . l 1.1 1 1 1 1

1969

i i 1i i 1i i 1i i

1970

1971

120

170

160

160

*

YEAR ENDING FEBRUARY

150

150
■—

--------- - =

—

150
1 1 1 1 l Ij-l i l L .

., 1 . . 1 . . 1 . .

1969

1970

1 t I I 1 1 I «1 I »

1971

140

1 95 7 -59 -10 0
140

130

130

120

TOTAL MANUFACTURING

180

160

160

140

140

120
100

120

80

11111111111

I 1 1 1.1 1. 1 L-J-L-L

1969

MISSISSIPPI



Lu J

j j l Li_L

1971

1970

U.S.

280

270

270

130

260

240

100

230

90

220

90

180

280
1-100
140

110

220

11 I m I n

I i i

Jjj 1ij,Lul
1970

1969

«iIi

11 i i I i i

1971

210
PER CENT

UNEMPLOYMENT RATE

1 957-59 - 1 0 0
300
290

110

220

INCOME

SEASONALLY ADJUSTED

290

250

100

200

1957 -5 9-1 0 0
300

120

240

200

TOTAL EMPLOYMENT

PERSONAL

120

240

60

+ 1 .6

—

""

170

120

U .S .

TOTAL PAYROLL EMPLOYMENT

TOTAL NONMANUFACTURING

140

IS S IP P !

CENT
10

200

260

\
/

250
240

y
„ /~ V /
v

230
220

210

..........^

y

200

190

190

8

180

180

6

170

170

100

4

160

160

80

2

150

150

0

140

60

10

___________________

-i \ 1, j i 1 n

1969

1i i

1L 1M 111111

t »1* «1»»1»t

1970

1971

i i 1i i 1 i i 1i i
1969

1 1 1 1 1 1 1 1 1 11
1970

i i ! i i 1 11 1 i i
1971

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Missouri
MANPOWER UTILIZATION____________________________________________

Animal
Averages

Total
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

I960
1965
1966
1967
1968
1969

101.0

104.0
107.5
109.7

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1971
Jan.
Feb.
Mar.

1,911
1,907
1,948
1,99^
1,990
2,019
2,044

2,021
2,057
2,050

1,998
1,981

1,928

112.8
112.5
112.5
H3.9

112.2

111.4
112.9

112.6
113.5
113.5
113.6
113.3

1,965
1,952

113.8
113.4
112.9
112.4
112.3
111.2
112.0
111.6
111.3
111.2
111.7
111.6

1,907
1,890

112.5
111.4

1,924
1,955

1,966
1,992
2,015

2,028
2,001
2,017
2,008

1,922




111.0

Nonmanufacturlng
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

102.6

102.3
111.7
117.4

113.4
118.5

123.3
126.4
125.5

125.3
129.3

120.6

111.1
112*9
112.1

1970

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

Total Payroll
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

1,636
1,619
6

l, Ul
1,664
1,659
1,674

1,666
1,683
1,690
1,690
1,674

1,694
1,651
1,645
1,659
1,655

1,650
1,667

1,657
1,647

1,656

126.0
125.1
125.6
126.4
125.8
126.0
126.0
127.2
126.9
127.2
127.1
127.0
127.1

127.0
127.0
125.7
125.1

125.6
125.4
125.2

1,662

124.9
124.3
123.9
124.7

1,620
1,612

124.8
124.4

1,652
1,648

1,617

123.8

122.0

1,173
1,172

1,180
1,203
1,209

1,210

1,198
1,204
1,217
1,224
1,225
1,230
1,194
1,198

1,206
1,209
1,208
1,218
1,209
1,201
1,210
1,222
1,223
1,228
1,193
1,190
1,198

Manufacturing
Employment
Seasonally
Adjusted
Index
Id.4

107.6
115.0
117.2
118.6

130.1

119.3
114.6

128.4
128.4

120.3
117.2
119.5
119.8
117.3
118.9

128.2
129.1
129.3

129.0
128.5
129.8
129.9
130.2
130.3
130.4
130.7

131.2
131.0
129.7
129.1

129.8
129.8
129.6
129.2
130.0
130.2

120.1

120.9
H9.7
119.8
119.3

118.8

118.5
117*1
117.5

116.2
115.5
115.4
114.8
114.6
114.7

130.3

110.6
109.0
111.1

130.6
130.2

110.9
110.7

130.1

108.6

____________________________ INCOME

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

104.6
136.7
147.0
157.5
172.1
183.9
194.4

4.8
3.7
3.3
3.*
3.3
3.3
4.6
2.9
3.0
3.1
3.2
3.2
3.5
3.3
3.3
3.4
3.3
3.3
3.5

Personal
Income
Seasonally
Adjusted
Index

1,288
1,280
1,301
1,297

1,31^
1,350
1.35*
,W
1,371
1,396
1,399
1,392

13

178.7
179.2
180.9

182.0
181.7
182.0

185.1
189.3
185.9

185.2
188.0
I89.O

3.8
3.7
4.1
5.1
5.6
4.4
4.1
4.4
*•9
5.0
5.2
5.3

i ,m

196.6
198.2
196.8
196.2

1>59
M37
1,^57

19^*0
193.2
197.8

5.1
5.7
5.7

1,U59
1,^51
N.A.

203.2

1,365
1,369
1,395

1,360
1,U06
l,*»59
1A51
1,396

189.3
191.6
193.9
190.9
194.4

202.4
N.A.

Farm Cash
Receipts
Millions
Of Dollars
9,149
11,961

12,856
13,777
15,064

16,086
17,002
1,288
2,568
3,869
5,166
6,480
7,830
9,184

10,528

3/
J

Millions
of Dollars

1,110
1,257
1,335
1,316
l,4l8
1,446
1,479

116
204
304
391
482
575
709

819

11,899
13,295
14,694

953
1,141
1,313
1,446

1,365
2,73^
^,129
5,489
6,895
8,354
9,805

119
214

16,086

11,201

12,649
14,108
15,545

17,002
1,459
2,910
N.A.

322

423
518

612

744
849
965
1,157
1,364
1,479

116
210
318

MANPOWER
UTILIZATION
SEASONALLY AOJUSTEO

MISSOURI

TOTAL PAYROLL EMPLOYMENT

1 95 7 -59 -10 0

1 95 7 -5 9 -1 0 0
190

PERCENTAGE CHANGE

180

SEASONALLY ADJUSTED INDEX

170

YEAR ENDING

160

MARCH 1971

150

MISSOURI

U .S .

- 2 .5

- 0 .9

NONMANUFACTURING

- 0 .7

+ 1 .3

MANUFACTURING

- 7 .6

- 6 ,4

TOTAL EMPLOYMENT

- 1 .7

- 0 .6

PERSONAL INCOME *

+6 . 1

+ 6 .3

TOTAL PAYROLL EMPLOYMENT

140
130
120

TOTAL NONMANUFACTURING

#

170

YEAR ENDING FEBRUARY

160
150
140

TOTAL MANUFACTURING

PERSONAL
1957-59-100

INCOME

SEASONALLY ADJUSTED

1 9 5 7 -5 9 -1 0 0
300
290

1957-59-100 TOTAL EMPLOYMENT 1957.59-100

280

140 -------------------------------------- -------------------

140

270

130

130

130

260

120

120
110
100

120

250

110

240

100

230

90

220

90

II 1 j i 1 i d

1969

ll.

i.i.Il i I u

1970

.1

L

±±L

j

1971

-Ll.

210
PER CENT

UNEMPLOYMENT RATE

PER CENT
10

200
190
180
170
160
150
140

MI SSOURI



U.S.

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Tennessee
MANPOWER UTILIZATION__________________________________________

Total
Total Payroll
Employment
Employment
Seasonally
Seasonally
Adjusted Thousands
Adjusted
Thousands
Index
of Persons
of Persons
Index

1 5*3

122.7
122.9
122.7

1,646
1,619

122.8
122.8
121.5
122.8
122.8
123.3
122.6
122.1
123.2

1,570
1,571
1,589

124.8
124.1
124.1

1,618
1,624
1,626

1,637
1,645

1,661

1,608
1,630
1,647
1,631

1,636
1,656
1,681
1,671
1,643

1,620
1,628

1,614




1,272
1,278
1,284

1,298
1,311
1,321

1,320
1,327
1,328
1,325
1,323
1,329

125.0

128.7
127.5
127.1

1,345
1,340
1,341

124.2
124.2
123.9

148.7
150.8

144.1
147.8

134.7
143.5

1,299
1,303
1,311
1,323
1,325
1,332
1,325
1,329
1,341
1,344
1,348
1,354

123.9
123.7
123.4
123.2
122.8

139.5

104.6
123.5
130.5
136.0

105.0
125.7

100.7
112.1
116.5
117.9
120.0
122.7
123.9
,
1,55**
1,569
1,593

Nonmanufacturlng
Employment
Seasonally
Adjusted
Thousands
of Persons
Index

147.2
148.0
147.9
148.4
149.2
149.2
149.1
148.9
149.4
149.2
149.0
149.4

150.2
150.8
151.0
151.3
150.8
150.4
149.6
149.2
150.9
151.4

138.7

812
819
832
8l4

840
849
846
848
851
854

854
859

832
836
845
855

863
869
860
862
871
877

151.8
152.2

880
886

155.6
155.2
154.4

879
879

882

142.8
143.3
143.1
143.7
144.3
144.3
144.0
144.1
144.7
144.8
145.0
145.2
146.2
147.3
147.6
147.8
148.2
147.7
146.4
146.5
148.1
148.7
149.4
149.9
154.6
154.7
154.0

Manufacturing
Employment
Seasonally
Adjusted
Index

____________________________ INCOME

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

108.2
152.7
169.7
183.6
202.0
220.5
234.0

105.8
130.1
143.0
146.3
152.8
157.8
156.7

6.3
3.9
3.2
3.9
3.6
3.5
4.5

155.9
157.0
157.3
157.6
158.9

3.2
3.3
3.4
3.5
3.6
3.6
3.5
3.6
3.5
3.6
3.7
3.7

930
935
950
971
983
963

156.5
156.4
156.9

3.9
4.0
4.1
4.5
4.3
4.4
4.4
4.7
4.7
5.0
4.8
4.8

946
955
958
974
974
989
991
995
1,003
1,042
1,032
1,014

157.6
156.2
155.2

4.5
5.1
5.1

1,022

158.8

159.0
158.4

158.6

157.9
156.7
157.6

158.2
157.9
157.7
158.3
155.9
155.7
155.9
154.6

156.2

Personal
Income
Seasonally
Adjusted
Index

902
905
901
909
915

926

1,025
N.A.

215.6
215.6
216.5

216.8
217.7
218.7

Millions
of Dollai
607

9,315
10,253
11,190
11,873

603
l
673
705

902
1,807

2,708

46
87
123

3,617
4,532
5,458

160
201

243

8,611

220.8

6,388

221.9
223.3
224.6
226.4

7,323
8,273
9,244
10,227
11,190

228.2

226.1
227.3
230.0
232.2
231.6
235.9
241.1
237.9
240.3

946
1,901
2,859
3,833
4,807
5,796
6,787
7,782
8,785
9,827
10,859
11,873

245.1
243.1
N.A.

1,025
2,047
N.A.

233.5
235.4

236.2

501

5,494
7,749

601

66

286

332
385
475
587
673
50

94
134
175
216

26l
308

354
404

U96
612

705
51
93
135

MANPOWER
UTILI ZATION
SEASONALLY ADJUSTED

TENNESSEE

TOTAL PAYROLL EMPLOYMENT

1 95 7 -59 -10 0

1 95 7 -5 9 -1 0 0
190
180

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

170

YEAR ENDING

160

MARCH 1971

150
140
150
120

TOTAL PAYROLL EMPLOYMENT

TENNESSEE

U .S .

4-2.9

- 0 .9

NONMANUFACTURING

+ 4 .3

+ 1.3

MANUFACTURING

-

1.6

-6 .4

TOTAL EMPLOYMENT

+ 2 .4

-

0.6

PERSONAL

INCOME

TOTAL NONMANUFACTURING
170
160
150
140
130
120

TOTAL MANUFACTURING
240

240

220

220

200

200

180

180

160

160

140

140

120
100

120

80

80

60

100
I I 1 I l 1 i I.1 -U -

n l i i




11 J-.l i. i

i i I »i I i i I
1971

60
PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

CHECK PAYMENTS IN ELEVEN M ED IU M -SIZE C IT IE S

SEASONALLY ADJUSTED INDEX

M ILLIO N S OF DOLLARS
APR

1971

1/

APR

1971

MAR

1971

FEB

2/

1971

APR

1970

81

2 6 9 .7

2 6 9 .0

2 6 9 .0

2 4 3 .9

24

2 4 4 .3

2 4 3 .7

2 3 7 .4

1 9 4 .7

TEXARKANA, ARK.

12 9

2 8 3 .8

2 8 2 .9

2 6 5 .7

2 5 7 .3

Q UIN CY, I L L .

10 9

2 4 8 .7

2 4 5 .1

2 4 5 .0

“2 3 3 . 4

OWENSBORO, K Y .

12 2

2 4 3 .8

2 4 0 .8

2 4 0 .1

2 2 7 .9

PADUCAH, K Y .

87

2 6 2 .2

2 7 2 .5

2 7 0 .6

2 3 7 .6

G R E E N V IL L E , M IS S .

74

2 7 3 .6

2 6 3 .9

2 5 2 .0

2 1 7 .4

CAPE GIRARDEAU, MO.

64

3 0 4 .3

3 0 2 .5

2 9 6 .0

2 4 6 .7

HANNIBAL, MO.

24

1 9 3 .5

1 9 3 .8

1 9 1 .2

1 8 6 .5

SED A LIA* MO.

48

2 7 8 .2

2 7 6 .5

2 6 9 .1

2 9 8 .6

JACKSON, TENN.

87

3 0 6 .3

2 9 8 .1

2 8 6 .8

2 8 0 .2

EL DORADO, ARK.
HELENA, ARK.

$

1 / D E B IT S TO DEMANO D EPO SIT ACCOUNTS* EXCEPT INTERBANK AND U .S . GOVERNMENT ACCOUNTS.
2 / THREE-MONTH MOVING AVERAGES 1 EXCEPT LATEST MONTH, WHICH IS A TWO-MONTH A V E R A G E !.

RELEASED




MAY 1 9 7 1

PREPARED BY FEDERAL RESERVE BANK OF S T . LO U IS

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