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SELECTED ECONOMIC INDICATORS
CENTRAL M ISSISSIPPI VALLEY
JUNE 1971
METROPOLITAN AREA ACTIVITY
EIGHT AREA
SUMMARY
ST. L O U I S

EVANSVILLE

LOUISVILLE

SPRINGFIELD, M O .

MEMPHIS

FORT S M IT H

LITTLE R O C K

P IN E BLUFF




STATE ACTIVITY
SUMMARY

M ISSISSIPPI

ARKANSAS

M ISSOU RI

KENTUCKY

TENNESSEE

CHECK PAYMENTS 11 OTHER CITIES

Prepared by Federal Reserve Bank of St. Louis
Released: June 28,1971




The Data
These data are presented as an aid for the analysis of
economic developments in the Central Mississippi Valley.
T h e emphasis is on economic activity in the metropolitan
areas and five states completely or partially within the
Eighth Federal Reserve D istrict. Because of the com­
plexity of the economic process, a more meaningful analysis
can be made by considering the entire set of indicators for
a particular area rather than relying on any single one.
Moreover, there may be technical shortcomings in some
series.
A ll area data are presented in both unadjusted and adjusted-for-seasonal-variation form. Index numbers are on a
1957-59 base. In addition, in order to smooth erratic fluc­
tuations, the index of check payments is an average of the
indexes for three months and is centered on the middle month.
Basic employment data are developed by the respective
State Employment Security Offices.
Th e data for total loans and total deposits 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.

Th e 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. A ll member banks
2. Three-month moving averages (except latest month, which
is a two-month average)

Explanatory Comments

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

Monthly figures

Eight Central M is s i s s i p p i V a lle y M e tro polita n A r e a s
MANPOWER UTILIZATION

Annual
Averages
I 960

1965
1966
1967
1968
1969
1970

T o ta l P a y ro ll
Employment
U nited
Region
S ta te s
101.4
113.3
119.5
123.9
127.5
131.7
130.7

1969
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
O ct.
Nov.
Dec.
1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
O ct.
Nov.
Dec.
1971
Jem.
Feb.
Mar.
Apr.
May

130.9

130.6
131.4
132.1
131.5
131 .8
132.1
132.4

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
130.7

103.2
115.8
121.8
125.4
129.3

133.8

134.6

132.0
132.5
133.0
133.3
133.6
133.9
134.0
134.2
134.4
134.9
134.8
134.9
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
134.6
134.9




Nonmanufacturing
Employment
U nited
Region
S ta te s
102.4

116.6
122.6
127.1
131.4
135.9

137.8

134.7
135.1
135.2

136.0
136.3
136.2
136.2
136.3
136.9
137.2
137.3
133.5

104.1

99.3

119.0
124.6
129.2

106.6
113.2

134.0
139.5
142.7

122.6
116.6

137.3
137.8

138.2

138.7
139.1
139.5
139.6
139.9
140.1
140.9
141.2
141.3

117.4
119.7

118.2
120.1
120.6

120.6
120.1
120.2

118.7
118.3
117.9

119.3
117.9
U 7 .3
116.9

123.1
124.1
124.6

123.0

138.5

117.2
116.2
116.1
113.6
110.7
112.0

140.0
139.6
140.2
139.9
139.9

144.3
144.4
144.7
144.8
145.1

113.8
111.6
112*5
112.2

136.8
137.4
138.2
138.6
137.8
138.6
138.6

121.5
116.9

123.4
U 9 .3
118.7

121.8

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

101.2
108.8
115.8
117*2
119.2
120.6
121.1
121.5
121.6
121.7
122.0
122.0
122.0
122.0
121.9
121.0
121.0

123.4
121.4
123.9
124.3

111.9

SPENDING__________

BANKING ACTIVITY_________________

M anufacturing
Employment
U nited
S ta te s
Region

116.1
116.2
112.6
111.7
113*4
113.3

112.8
112.5
112.5
112.7

Unemployment
Rate
U nited
Region
S ta te s

T o ta l Loans
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

3.4
3.3
3.4
3.5
3.4
3.4
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
277.4
278.5
279.1
277.5
276.7
282.3
286.4

2.8
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
5 .4

6.0
5.8
6.0
6.1
6.2

267.2
268.9
269.4

270.6
272.2

287.0
288.6
291.O

U nited
S ta te s
116.7
188.3

211.1

224.2
245.0
274.6

Bank D eposits
U nited
Region
S ta te s
102.5
140.9
11*8.3

161.2

290.0

174.6
182.4
187.1

261.6
265.6
266.8

183.0
183.2

274.8
272.9
274.8

278.6
279.0
271.8
282.3
283.2
284.1

284.8
285.5

286.2

287.4
286.9
286.7
287.5
290.7
293.2
295.2

296.8

296.9

298.5

301.8
303.2
304.2
307.4
309.3

303.0
304.2
306.7
308.4

300.0

182.3

184.1
183.7
184.2
182.4
181.4
181.4

180.8
181.2
181.0
181.0

180.9
182.4
184.9
184.3
184.5
187.5
190.3
189.7
191.1
192.4
196.7

200.8
204.8
206.3
210.3

211.2

104.9
150.3

161.0
173.6
189.5
197.0

202.8

198.6
198.1
198.7

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
230.6

Check Payments is/
U hited
Region
S ta te s

110.8
172.5
192.3

210.8
232.9
238.8
299.0
253.3
252.5
255.3
255.6

256.8
256.7
259.5
265.1

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

328.8

329.5

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

311.8

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
361.4
364.3

BANKING

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

EIGHT CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS
ACTIVITY

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL LOANS

TOTAL PAYROLL EMPLOYMENT

1957-59-100
1957-59-100
500 ----------- ------------------------ 500
480

480

460

460

440

440

420

420

400

400

380

380

360

360

340

340

320

320

300

300

280

280

260

260

240
1969

220

1970

1971

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MAY 1971
AREA
SUMMARY U.S.
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+0.1
+ 11.5
+ 14.6
+ 10.6

-o+7.5
+ 16.1
+9.1

240
AJL l j - l l l - l l

1969

.Lu-Liil JJL

JUL l

1970

l j l . l j l . 1.1

1971

220

SPENDING

SEASONAUY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

PER CENT
10

1957-59-100
460

300

420

280

380

260

340

240

300

220

260

200

180
C.M.V. AREAS



U.S.

CHECK PAYMENTS

320

1957-59-100

220

2 ^
1969

1970

1971

£ BEGINNING WITH JULY 1969, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

180

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

St. Louis Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

T o ta l P a y ro ll
Employment
S easonally
Thousands A djusted
o f Persons Index

I 960

102.1
H 3 .7
120.2

1QL.0
109-3
H 5 -5
117-9
119-9

1965
1966
1967
1968
1969

123.4
126.9

122.6
120.7

1970

1969
Jan .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
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
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

898
888
898

121.8
122.0

1971
Jan .
Feb.
Mar.
Apr.
May

Nonmanufacturing
Employment
S easonally
Thousands
A djusted
o f Persons
Index

891
697
913

910
902
902
895
891
901
879
877

878
889
888




122.4

121.1
122.5
123-3

131.2
131.9

605
605
607

122.2
122.0

621
625
628

122.5
123.3

623
619

122.4

119.9
120.7

121.2
121.0
120.1
121.3

119.4
118.7

628
630
630

633
613
613

616
615
621
633
632
627
626
632
632

130.2
130.5
130.3

131.2
131.9
130.7
130.7

130.8

131.7
131.9
131.9

132.0
131.9

M anufacturing
Employment
S easonally
A djusted
Index
99.2
101.7
107.3
108.4
107.7
107.7

101.1

108.6
104.7
108.8
109.5
105.4

106.8
108.4
110.2

107.9
107.9
107.3
106.3
105.7

132.1
132.2
130.1
131.2

103.8
104.3
102.2

131.9
132.4

101.8
100.8
100.4
96.6

132.6
131.4
132.5
132.4

102.3
102.4

634

132.2

94.9
97.6

120.4
119.4

132.7

119.6

616
620
627

132.6
133.1
132.6

119.5

627

132.5

97.3
9 9.3
95
96.9
96.9

119.6
119.8

615

Unemployment
Rate
S easonally
A djusted

T o ta l Loans ^
Seasonally
Adjusted
M illio n s
Index
o f D o llars
112.6
162.7
179.9
183.8
192.0
210.4
218.6

4 .7
3.5
3 .3
3 .4
3 .4
3 .5
5.4

2, 33^
2,301
2,265
2,296
2,321*
2,369

3.1
3.1
3.1
3.1
3 .3
3.8
3.6
3 .7
3.7
3.6
3.7
4.1

2,360
2, 1*21*

4.5
4 .8
4 .3
6 .7
6 .3
5 .3
4 .8
5.3
5.5
5.8
5 .9

2,1*55
2, 1*21*
2, 1*26
2, 1*18
2,361*
2,371
2,1*51
2, 1*63
2,1*81*
2,1*99
2, 1*70

6.1
5 .7

6.2
6.2
6 .3
6.1

2,1*32
2,1*19
2,1*03
2,379

2,568
2,627
2,553
2,532
2,595
2,576

204.3
205.9

206.2

206.4
209.7
211.7
214.8

213.8
213*6
212.0
212.1

214.3
214.6
216.5

3,882
3,698
3,596

3,602
3,621*
3,558
3,539
3,1*66
3,1*63
3,509
3,512
3,603
3,61*5
3,1*22
3,380
3,1*51
3,1*16
3,370
3,1*73
3,501
3,572
3,619

3,601

226.9

3,751*

229.5

3,864
3,763
3,765
3,838
3,819

233.1
232.3

Check Payments
M illio n s
o f D o lla rs

99.6
130.5
133.3
142.4
150.4
151.1
148.2

219.0
217.2
215.1
211.8
216.6
219.6
221.1
222.9
222.2
228.0
228.6

SPENDING

Bank D eposits ^
S easo n ally
A djusted
M illio n s
o f D o llars
Index

15 8 .9
1 5 5 .9
153.8
154.1
154.1
151.9
150 .7
148.3
146.7
146.7
145.8
146.4
1 4 9 .0
144.2
144.5
147.8
145.2
14 4 .0
14 8 .0
149.8
151.4
151.7
149.9
152.3
157.8
158.5

161.0

164.4
162.3

A djusted 9 /
Index
&
11 2 .9
1 8 0 .0
20 1 .3

226.0

247.2
278.9
330.8

9,686
7,763
8, 8Ul
8,9'*'*
8,562
9,206
9,170
8,229
9,299
9,929
8,352
10,1*39
11,755

10, 1*71*

272.6
271.1
271.9
271.1
269.7

269.0

274.2
283.7

289*2
288.2
290.4

295.9

310.0

13,11*6

323.9
332.5
332.0
328.9
331.3
341.8
3^7.3
3 ^ .5
325.6
324.5
331.^

12,585
11,1*37
13,j*92
12,887
11,893

3^6.3
351.3
355.0
3 ^ 9 .3
350.1

12,337
12,195

11,232
12,920
11,688
11,598
11,817
10, 71*6
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

SEASONALLY ADJUSTED

ST. LOUIS
MISSOURI
METROPOLITAN AREA

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED

INDEX
YEAR ENDING
MAY 1971

ST. LOUIS

1969

1970

u .s .

TOTAL PAYROLL EMPLOYMENT

-1.0

-0-

TOTAL LOANS

4-8.0

4-7.5

TOTAL DEPOSITS

4-1 1.8

4-16. 1

CHECK PAYMENTS

4-6.4

4-9.1

1971

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE




1957-59-100

CHECK PAYMENTS

1957-59-100
460
420

PER CENT

380

10

340
300
260

220
1971

1969
1971
1970
* BED INN INS WITH JULY I960, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

180

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Louisville Metropolitan Area
MANPOWER UTILIZATION

Annual
Average

T o ta l P a y ro ll
Employment
S easonally
Thousands A djusted
ftf Persons Index

I 960

1965
1966
1967
1968
1969

99.6
116.2

102.0
118.2

122.7
128.3
135.2

123.5
128.7
135.6
139.9

111.4

114.3

136.2

1970

1969
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

322

1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

314
327
329
331
334
335
337
335
334
332
332
332

1971
Jan .
Feb.
Mar.
Apr.
May

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
o f Persons
Index

320
322
323
328
331
336
336
334
334
334
321

325
324
325

328
331




134.3
135.0
135.4
135.7
135.5
136.4
136.9
136.4
136.5
137.5
130.9
131.3
131.5
137.2
137.6

136.8
136.0
136.7

137.5
136.9
136.5

136.8
135.7
135.4

136.2
136.0

136.1
135.5
135.3

199

200
201
206
210

213
213
214
214
213
214
215

208
208
209
213
217

132.3
132.9
133.5
134.3
134.6
135.7
136.5
137.0
137.4
137.4
137.6

138.0

138.2
138.8
138.8
138.6

218
220
220
219
219
219
220

139.3
138.7
141.0
141.1
140.9
141.2
141.2
141.2

214

142.6
143.7
145.0
144.2
145.0

216
218
221
226

BANKING ACTIVITY____________________

M anufacturing
Employment
S easonally
Adjusted
Index
95.6
106.5

112.8
127.7
134.4
129.8
121.4

137.7
138.6
138.7
138.1
136.9
137.6
137.6
135.2
135.1
137.7
119.3
119.8

Unemployment
Rate
S easonally
A djusted

6.6

4 .0

2.2
2.6
2.8
3 .0
3 .0
3.1
3.1
3.1
3 .0
3.4
3.5
3 .4
3.4
3.6
3 .7
3.6
3.8
4 .4
5.1
4 .6
5.4

125.1
122.6

5 .0
5 .4
5.5
5.1
5.3

712
728

736
759

786

778
780

801
824
874

241.8
243.8
249.4
253.3
256.4
262.7
266.5

266.1
268.1
273.3
278.8

284.1

1,309
1,227
1,214

1,226
1,235
1,239
1,247
1,230
1,225
1,257
1,277
1,354

916

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

946
995

323.2

1,417

325.1
337.4
340.0
341.6
348.4

1,440
1,391
1,410
1,444
1,457

861
854
853
877
899
899

991

982
971
981
1,000

286.3

288.6

320.0

156.1
181.8
173.3
205.2
231.4
246.5

184.7
192.3

294.0
299.7
297.4
295.5
297.6
307.2
309.4
313.1

873
840
839

103.4

171.0

302.7
737
711

Check Payments
S easo n ally
A djusted .
M illio n s
o f D o llars
Index
y

99.7
134.2
141.0
154.3

228.2
262.0

2.6
2.8
2 .4
2 .4
2 .3

Bank D eposits i /
S easo n ally
A djusted
M illions
Index
o f D ollars

113.4
169.7
19L .1
206.4

3.5
3 .0
3 .0

119.9
134.4
135.3
133.8
132.2
131.5
131.5
129.8
128.9
129.1
126.1
125.4

120.7
120.5
118.4

T otal Loans i /
S easonally
Adjusted
M illions
of D ollars
Index

____________ SPENDING

1,382

181.7
179.5

182.8
185.3
184.3
185.7
185.4

185.6
183.7
186.2
187.3
189.2

185.1
182.5
185.4
191.5

189.6
188.3
191.8

194.7
198.3
199.9
202.7
1 97.9

200.0
203.6
212.2
218.3
217.1

2,296
1,931*
2, 01*2

2,096
2,152
2,306
2,359
2,089
2,160
2,390
2,056
2,617

2,520
2,01*5
2,21*4
2,293
2,31*1
2,1*1*5
2,677
2,304
2,31*1
2,393
2, 31*1

221.7

221.0
224.0
226.2
232.5
236.5

236.2

234.0
234.0
234.0
236.9
240.1
241.1

238.0
235.1
242.5
247.2
254.0

250.8
252.6
248.5
246.6
248,9

2,781

252.1

2,531*
2, 281*
2,703
2,649
2,51*8

262.2
268.8

259.1

273.0
276.5

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 ADJUSTED

LOUI S VI LLE
KENTUCKY
METROPOLITAN AREA

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MAY 1971
LOUISVILLE
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

-1.0
+ 17.1
+ 14.5
+ 11.9

U.S.
-0+7.5
+ 16.1
+9.1

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1969
LOUI SVI LLE



1970

1971
U.S.

PER CENT

1957-59-100

CHECK PAYMENTS

320

1957-59-100
460

300

420

280

380

260

340

240

300

220

260

200

220

180

u d n

1" r H T T

1969

I

1970

»»I »»I »«I «»

18 7 1

* BEGINNING WITH JULY 1969. LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

A JJ

180

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Memphis Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

T o ta l P a y ro ll
Employment_______
S easonally
Thousands A djusted
o f Persons l Index

I 960

103.9
U 7 .7
125.3
131.3

1965
1966
1967
1968

137.4

143.4
144.0

1969
1970
1969
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.
1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
O ct.
Nov.
Dec.
1971
Ja n .
Feb.
Mar.
Apr.
May

N onnanufacturing
Employment_______
S easonally
Thousands
A djusted
o f Persons
Index

266
267
268
271
271
276
276

276

275
276
276
277
271
273
272

268
269
273
275

276
278

277
279
279
275
273
274

276
278




142.1
142.9
142.9
143.7
143.2
144.4
144.2
144.0
143.2
143.8
143.1
143.7
144.8
145.7
145.0
142.2
141.7
142.5
143.4
144.2
144.9
144.5
144.9
144.7
147.2
146.0
146.1
146.3
146.8

204
204
205

208
208
212
212
212

213
213
214

216

211
211
210
207
208
214
215
217

218
218
219
220
217

216
216
219
221

103.8

Unemployment
Rate
S easonally
A djusted

112.5
123.3
129.9
136.7
143.1
136.5

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

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

138.9
140.7
141.6

3 .0
2 .9
3 .3
4 .0
3.6
3 .7
3.6
3 .7
3.8
3 .9
4 .1
4 .3

150.9

151.4

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

131.6

T o ta l Loans ^
Seasonally
Adjusted
Index

M illio n s
o f D o llars

4 .8
3 .7
2 .9
3.1
3 .0
2 .9
3 .7

104.0
119*2
125.9
131.8
137.5
143.5
146.3

150.2
150.2
151.0

SPENDING

BANKING ACTIVITY
M anufacturing
Employment
S easonally
A djusted
Index

2.8

2 .9
2 .9
3 .1
3 .2
3.1

4 .1
4 .0
4 .4
4 .6
4 .5

Bank D eposits ^
S easo n ally
A djusted
Index

M illio n s
o f D o llars

110*9
194.5
204.0

106.3

240.2
247.5
261.4

212.0

915

909
915
919
919
915
915

912

913
954

926
907
938
944
923
934
985
994
976
990
1,(XL8

1,098

1,121
1,092
1,063
1,041
1, 01*8

241.9
246.2
244.1
245.0
249.3
251.7

251.0
249.9
252.0

248.5
244.5
245.4
244.6
244.5
251.5
254.0
251.4
255.9

268.9

271.5
269.1
270J .
273.2

282.6

296.0
294.3

284.9
279.9

285.2

112.8

171.6

170.3
189.3
1 99.9
224.0
245.8
281.5

177.8
197.3

219.8

912
908

Check Payments
S easo n ally
A djusted 0 ,
Index
&

M illio n s
o f D o llars

213.5
222.5
1,U63
1,375
1,376
1,383

219.9
217.5
216.4

1,358
1 ,3 ^
1, 3^2
1,346
1,363
1,382
1,422

214.2
211.5

1,381

1,407
1,330
1,362
1,401
1,385
1,381
1,434
1,439
1,459
1,496
1,529
1,619

1,676
1,667
1,710
1,758
1,744

217.6
217.0

212.0
210.1
207.6
209.2
208.7

211.4
210.5
214.2
220.4
217.5

217.8
225.9
227.3

228.1
229.4
230.0
238.0
251.5
263.7

269.0
276.4
273.7

2,236
1,879
2,039

2,210
2,101

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

2,568
2,439
2,053
2,407
2,466

2,168
2,552
2,575
2,412
2,518
2,674
2,587
3,404
2,921
2,533

3,062
3,003
2,661

237.4
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0

231.6

246.9
261.5
270.7
277.8

280.0
283.5
285.0
292.0
294.6
281.9
266.7
280.8
303.5

330.2
330.9
341.9
3 42.8
343.1

SEASONALLY AOJUSTEO

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

1957-59-100
166

1957-59-100

1957-59-100

TOTAL LOANS

1957-59-100
500

162

480

158

460

154

440

150

420

146

400

142

380

158

360

134

340

—

—

130

320

126

300

122

280

118

260

114

240

1.1.1 1 I I

110

1969

1 1 I .i -lI
1970

li

MEMPHIS
TENNESSEE
METROPOLITAN AREA

BANK TNG A C T I V I T Y

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

L l L.

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MAY 1971
MEMPHIS
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

♦3,6
♦ 13.4
♦25.8
♦21.0

U.S.
-0♦7.5
♦ 16.1
♦9.1

220

1971

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1957-59-100

CHECK PAYMENTS

1957-59-100
460
420

PER CENT

10

380
340
300
260
220

1969

1970

MEMPHIS

U.S,




1971

1969

1970

1971

X BEGINNING WITH JULY 1969, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

180
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Little Rock Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

T o ta l P ay ro ll
Employment
S easonally
Thousands Adjusted
o f Persons Index

Nonmanufacturing
Employment
S easonally
A djusted
Thousands
Index
o f Persons 1

BANKING ACTIVITY
M anufacturing
Employment
S easonally
A djusted
Index

Unemployment
Rate
S easonally
Adjusted

I 960

106.8

106.1

109*2

129.1
135.7
139.2
141.9
145.1
145.0

135.6
143.8
147.9
152.8
166.5
165.2

2 .8
2 .5

1970

130.5
137.1*
141.0
144*2
149.4
149.1
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
145.9
146.1
146.1

157.5
158.1
162.4
163.0

2 .0
2 .2
2 .3
2 .3
2 .2

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
95

149.8
145.6
146.1
1 4 7 .2
146.3

1965
1966
1967
1968
1969

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

1222

118
118
120
120
121
125
125
125
124
12b
12b
12b

121
122
121
121
122

147.1
147.1
148.4
148.1
148.9
150.1

150.0
150.3
150.4

151.0
150.6
151.2

151.6
151.2

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

122
122
122
122

148.8
148.4
148.1
147.2
148.8
148.6
147.8

1971
Jan.
Feb.
Mar.
Apr.
May

120
120
120
122
122

152.4
149.1
149.3
1 5 0 .3
149.8

124
123
123




149.8
149.2

150.0

166.0
I 69.O
170.8
170.8
170.2
170.8
171.4
168.4

172.6
172.0
170.2
I 69.O
167.8
163.6
160.6
160.0
161.8
164.2
162.4
158.7
162.4
162.4

161.8
1 6 2 .4
163.6

T o ta l Loans ^
S easonally
Adjusted
M illio n s
Index
o f D o llars

4 .2
2 .8

2.3
3.3

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 .4
3.1
3 .3

Bank D eposits ^
S easo n ally
A djusted
Index

M illio n s
o f D o llars

294
283
287
294
299
302
313

312
311
318

321

343.4
335.5
343.6
348.6
353.3
355.6
365.5
364.4
367.2
370.9
375.6

311

361.8

316

369.7
374.9

316
318
323

322
320
332
339
329

328

332
341
341
348
352

366
367

381.2
382.8
380.1
376.9
387.2
396.0

388.8

Check Payments
S easo n ally
A djusted „ /
Index

M illio n s
o f D o lla rs

110.1

107.7
16 0 .7
173.5

133.7
259.0
282.7
299.2
319.5
357.1
383.9

2.5

SPENDING

183.4
206.3
214.3
239.3
261.3
304.8

186.1
200.8
210.5
216.9

502
471
467

474

474
466
470
471

474
492
504

212.2
209.6
208.8
209.4
210.4

208.6
207.5
207.8
209.7
213.1

697
558
563
645
581
652

666
619
663

255.1

251.8
254.6
247.7

258.1
268.9
274.9
271.6
265.2
257.7

512

213.7

679
590
727

507

214.4
211.9

739
64l

290.0
292.0
288.2
300.0

777
754

297.7
307.3
309.9

476
473
483
484
479
493

500
498

382.4
389.4
397.8

509
514
531

399.4
412.9
422.4
433.4
433.9

547
546
552
569
575

215.2

211.6
213.9
215.0
215.1
218.2
220.4
220.3

220.2

685
731
688

720
769
807
750

220.3
221.4

886

231.4
243.1
247.2

880
852
1,006
963
886

252.1
255.6

259.2
271.3
285.9

320.8

316.9
319.8
329.3

360.0
379.2
395.3

386.2
383.7

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

LI TTLE ROCK
ARKANSAS
METROPOLITAN AREA

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY AOJUSTEO INDEX
YEAR ENDING
MAY 1971
LITTLE ROCK
TOTAL
TOTAL
TOTAL
CHECK

1969

1969

1971

1970

1970

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

1971

-0,1
+ 14,2
+ 18.9
+27.9

U.S.
-0+7.5
+ 16.1
+9.1

SPENDING

SEASONALLY AOJUSTEO

TOTAL DEPOSITS

1957-59-100

CHECK PAYMENTS

1957-59-t 00

320
PER CENT

UNEMPLOYMENT RATE

PER CENT

300
280
260

y

240
....

220

^

f
^ ----------------

200

1969
LITTLE ROCK




1970

1971

U.S.

180

I I 1111.1 1 1I I

llllllillll

1969

1970

i 11 i i 1 11 L i t
1971

* BEGINNING WITH JULY 1969, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Evansville Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

T o ta l P a y ro ll
Employment
S easonally
Thousands A djusted
o f Persons Index

9^.9

I960

1965
1967
1968
1969

123.6
126.9
125.0

1970

1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ept.
Oct.
Nov.
Dec.
1971
Ja n .
Feb.
Mar.
Apr.
May

99.8
114.9
118.4
121.3

111.8
117.9
120.6

CL966

1969
Ja n .
Feb.
Mar.
Apr.
May
June
July
Aug.
S ep t.
Oct.
Nov.
Dec.

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

87
87

88
88

89
91
90
91
90
90
90
90

88
88
88
88
88
90
90
89
90
90
83
83

82
88
89
90
91




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
126.9

127.0
129.8
130.2
53
53
53
5^
55
55
55
56
56
56
56
56

127.5
H 7 .5
117.4

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

118.2
127.7
128.9
129.0
129.6

55
55
55
56
56

127.3

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
131.4
128.4
127.4
127.9

128.1
129.8
130.7
131.9
132.4

132.6

134.0

132.6
132.6
132.2
132.4

BANKING ACTIVITY____________________

M anufacturing
Employment
S easonally
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
S easonally
A djusted

T o ta l Loans i /
S easonally
M illio n s
Adjusted
Index
o f D ollars

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

120.7
95.0
9^.3

4.1
4 .0
4 .3
4 .8
4 .9
4 .7
4.5
4 .6
5 .0
4 .9
5.3
5.4

94.3
120.4
123.9
124.3
125.4

4 .7
4 .8
4.4
3 .7
4.1

Bank D eposits ^
S easo n ally
A djusted
Index

M illio n s
o f D o llars

238

240
246
238
241
247
248
248
248
246
247

252
256
260
262
266
262
259
265
272
267

266
271
278
287

231.6
236.6
241.8
241.2
241.4
243.4

250.1
239.5
244.7
249.6
251.4
252.9
256.7

256.1
256.6
259.0
259.9
264.2

368
350
352
356

360

365
365
357
361
364
369
381
381

362
365
367

368

277.1

367
372
375
373
371
376
391

276.1
276.8

400
390

266.0
267.8
266.8
261.8
268.8

281.4
285.5
291.7

150.2
161.7
179.9
191.7
198.4

192.8
205.1
210.8

219.3
243.7
263.4
224

101.3

1 46.9
160.7
17M

190.2
207.2

228

Check Payments
S easo n ally
A djusted 0/
Index
&

M illio n s
o f D o llars

100.6

113.9
173.1

232
234

____________ SPENDING

£

411

205.9
201.5
2QL.7
202.5
202.9
204.6
205.9

208.2

484
356
39^

431

205.0
206.1
207.8

404
417
485
384
427
464

207.4
209.3

460

213.3
208.7
209.1

506
436

209.0
207.4
205.7
209.7
215.7
213.1
211.4

211.2

214.8
224.0
225.1
226.4
227.7
231.7

388

396

486
425
447
53^

474
449
479
421
492

189.9
189.9
197.3
198.5
197.0
196.3
19 ^.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
208.7
208.2
205.3

517
426

214.3
215.9

511
464

227.5

506

SEASONALLY AOJUSTED

SEASONALLY AOJUSTED

TOTAL PAYROLL EMPLOYMENT
-5 9 -1 00

TOTAL LOANS
1957 -5 9 -1 00
500

166

1957-59 -100
166

162

162

480

480

158

158

460

460

154

154

440

440

150

150

420

420

146

146

400

400

142

142

380

380

138

138

360

360

134

340

340

130

320

320

126

126

300

122

122

280

280

116

118

260

260

114

114

240

134

'—^

130

S

110

1969

i » 1i i 1i i 1i i
1970

'

.. i ..

1971

EVANSVILLE
INDIANA
METROPOLITAN AREA

BANKING A C T I V I T Y

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

110

220

1957-59

500

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MAY 1971
EVANSVILLE
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

♦3.7
+ 12.2
+ 11.7
♦ 10.7

U.S.
-0♦7.5
♦ 16*1
♦9.1

300

— '

240
1 11 1 1 1 1 1 1 1 1 i i 1 i i 1 i i 1 i i . . i . . i . . i . .
1969
1970
1971

220

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

PER CENT

1969
EVANSVILLE



U.S.

1957-59-100

1970

1971

S BEGINNING WITH JULY I960, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

CHECK PAYMENTS

320

1957-59-100
460

300

420

280

380

260

340

240

300

220

260

200

220

180

1969

1970

1971

180

PREPARED BY FEDERAL RESERVE BANK OF $T. LOUIS

Springfield Metropolitan Area

Annual
Averages
I 960
1965
1966
1967
1968
1969

Nonmanufacturing
Employment
S easonally
Thousands
A djusted
o f Persons
Index

106.8

1970

126.6

152.1

142.6
147.8
150.9

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

1969

116.4
120.5

Jan*
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
O ct.
Nov.
Dec.

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

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

1970
Jem.
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

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

149.9
149.9
149.6
148.5
149.9

152.0

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

1971
Ja n .
Feb.
Mar.
Apr.
May

55
55
56
56
56

149.9
149.1
150.7
149.6
150.4

40
40
4l
41
41




M anufacturing
Employment
S easonally
A djusted
Index

111.1
126.2
132.6
120.7

152.8
152.3
153.4
151.7
149.9
150.9

124.8
134.5
144.6

Unemployment
Rate
S easonally
A djusted

3.2
4 .0
2 .4
2.5

2.2

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

142.8
142.4
144.2
142.4
142.8

172.9

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

170.6

171.8
172.9
175.1

Bank D eposits ^
S easonally
M illions
Adjusted
Index
o f D ollars

125.2
210.0

2.8

175.2
174.1

178.6

T otal Loans - /
S easonally
A djusted
M illions
Index
o f D o llars

6 .4
3.7
3.2
3.3

3.7
3.3
3.4
3.6
3 .9
3.1
3.3
3 .3
3.6

138.2
138.2

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

T o tal P a y ro ll
Employment
S easonally
Thousands A djusted
o f Persons Index

68
69
70
72
71
73
76
78

80
78
77
77
76
76
77

190.3

104.2
152.3

254.5
306.4
359.5
401.4

231.4
235.6

334.0
348.5
350.5
348.5
343.7
358.7
360.7
365.5
377.7
372.3
374.8
379.6
378.2

381.1

87

381.1
393.7
394.7
394.7
401.9
408.3
427.2
414.6
4 l6 .0
425.2

87
87
89
92
94

430.6
434.5
442.2
446.1
451.5

81
82
81
84
87
90
87

86

Check Payments
S easo n ally
A djustedo /
M illio n s
o f D o llars
Index

110.8
166.3
179.8

160.1
184.7
218.0

128
122
122

230.1

201.6
248.7
266.1

29L.5
307
242

231.7
234.0
233.8

270
282
268

126
126
128
126
124
122

234.7
234.5
232.5
231.1
229.1

296
318

123

118
118

221.5
223.4

123
123

232.9
235.3

125
131
135
135
135
135

233.7
240.9
244.0
244.9
245.3
248.1

137
135
137
142
143

248.7

366

269.5
271.9

367
446
437
400

123
124
124

122

236.1

226.0

222.7

226.1
231.0

256.1
263.6

289

263.0
259.9
261.1
259.1
262.5
262.7
264.7

266.6

314
317
274
318

268.4
270.4
273.5

332
271
309

288.5
287.7
286.4
284.4
289.7

312
298
330
348

328
329
332
314
359

280.8

288.8
292.8
289.2
291.5
289.2
299.3
310.0
344.5
374.4
399.5
396.6
391.4

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 ADJUSTED

SPRI NGFI ELD
MISSOURI
METROPOLITAN AREA

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
MAY 1971
SPRINGFIELD
TOTAL
TOTAL
TOTAL
CHECK

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

+0.3
+ 14.4
+ 15.6
+35.1

U.S.
-0+7.5
+ 16.1
+9.1

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1957-59-100

CHECK PAYMENTS

1957-59-100
460
420

PER CENT

380

10

340
300
260
220
I960

1971

1970

1969

1970

1971

NE BEGINNING WITH JULY 1069, LOANS ARE REPORTED
SPRINGFIELD



U.S.

GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

180

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Fort Smith Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

T o t a l P a y r o ll
Employment
S e a so n a lly
Thousands A d ju sted
o f Persona1 Index

i 960
1965
1966
1967
1968
1969

95.9

Jan.
Feb.
Mar.
Apr.
May
June
J u ly
Aug.
S e p t.
O c t.
Nov.
Dec.

92.7
126.7
133.5
135.1
136.9
142.2
144.9

132.8
139.1
142.8
146.6
155.7
157.**

1970

1969

Nonannufacturlng
Employment
S e a so n a lly
Thousands
A d ju sted
o f Persons
Index

44
44
45
46
46
46
46
46
47
47
47
47

152.6

28
28
28

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

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

45
45
46
46
46

155.6
154.9

29
29
29
29
30

145.7
143.8
145.3
142.9
141.3

153.3
153.5
154.6
155.6
155.9

156.2

1970
Jan.
Feb.
Mar.
Apr.
May
June
J u ly
Aug.
S e p t.
O c t.
Nov.
Dec.

BANKING ACTIVITY_____________________
M anufacturing
Employment
S e a so n a lly
A d ju sted
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

Unemployment
R ate
S e a so n a lly
A d ju sted

6.8
6.1
5 .2
4 .8
4 .4
5.5
4 .3
4 .4
4 .4
4 .5
4 .4
4 .4
4 .0
4 .5
4 .4
4 .4
4 .3
4 .3
4 .6
4 .5
5 .0
4 .6
4 .8
5 .0
5 .3
5 .9
5 .9
6 .4

6.8
7 .1




158.2
157.5
155.3

178.5
18O.9
188.4

191.8
188.0

6 .9
6 .7
6 .3

6.1

6 .4

Bank D eposits ^
S e a so n a lly
A d ju sted
Index

M illio n s
o f D o lla r s

115.5
200.4
206.4
208.3

8 .9

1971
Jan.
Feb.
Mar.
Apr.
May

T o t a l Loans ^
S e a so n a lly
A d ju sted
Index

M illio n s
o f D o lla r s

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
107

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
290.8

279.9

301.7
296.7

126
123
122
123
124
125
127

128

127
129
132
133

132
126
127
129
129
132
137
137
139
142
143
147
153
149
154
163
163

___________ SPENDING
Check Payments
S e a s o n a lly
A d ju sted /
In dex &

M illio n s
o f D o lla r s

103.2
168.2
169.0
174.9
182.8

153.2
17 1 .9

192.9
205.8

223.9
237.3

187.9

190.0
I 89. I
190.6
193.4
192.9

192.0
1 95.9
193.8
19 3 .9

198.1
196.8

196.6
195.4
197 .0
200.5

201.2

203.9
207.5
209.1
211.7
214.0
214.9

105.0
189.2
203.0

196
158

182
184
182
193
213

186
198
210
180
210
230
211

203
215
203

226
243
210
221
230

217.6

217
241

227.7

239
209
254

229.8
238.5
252.8
252.8

252

234

217.8
212.0
212.7
217.8
215.3

223.9
228.7
229.3
234.3
231.3

232.8

230.9
240.4
236.7
232.5
225.1
229.3
234.6
238.5
238.3
239.8
240.6
244.0
247.5

252.8
258.6
261.2
262.9
260.3

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 ADJUSTED

FORT SMITH
ARKANSAS
METROPOLITAN AREA

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTEO INDEX
YEAR ENDING
MAY 1971
FORT SMITH
TOTAL
TOTAL
TOTAL
CHECK

1969

1970

1971

1969

1970

PAYROLL EMPLOYMENT
LOANS
DEPOSITS
PAYMENTS

1971

“2.5
4-15.9
4-25.6
4-13.5

U.S.
-04-7.5
4-16.1
4-9.1

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1957-59-100

CHECK PAYMENTS

1957-59-100
460
420

PER CENT

380
340
300
260

220
1969

1970

1971
*

FORT SMITH



u.s.

1969
1970
1971
BEGINNING WITH JULY 1969, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

180

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Pine Bluff Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

T o ta l P a y ro ll
Employment
S easonally
Thousands A djusted
o f Persons Index

I 960

1965
1966
1967
1968
1969

Nonmanufacturing
Employment
S easonally
Thousands
A djusted
o f Persons
Index

107.7

101.7

145.4

135.7
145.1
147.9
150.3
153.9
149.3

13^.3
141.8
l k k .2
147.1
150.0

1970

1969
Jan .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ept.
Oct.
Nov.
Dec.

24
2k
25
25
25
25
25
25
25
25
25
25

149.5
149.9
149.5
148.7
149.0

1970
Jan .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ept.
Oct.
Nov.
Dec.

2k
2k
2k
2k
2k
2k
2k
2k
2k
2k
2k
2k

149.0
148.1
147.6
146.3
145.8
143.3
144.3
142.5
143.3
144.9
145.0
144.8

1971
Jan .
Feb.
Mar.
Apr.
May

2k
2k
2k
2k
2k

145.4
145.9
144.7
144.3
143.6




149.5
150.3

151.0
151.1
150.5
151.1

150.1

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
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

150.8
151.1
148.7
148.0
146.9

BANKING ACTIVITY

M anufacturing
Employment
S easonally
Adjusted
Index

Unemployment
Rate
S easonally
A djusted

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
4 .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
133.4
133.3
133.6

130.8
131.6
129.3

130.8

132.9
133.5
133.8

4 .7
5.2
5.4
6 .3
5.5
5 .3
4 .9
5 .9

6.0
5 .6
5.4
5 .4

6.1
6 .4
6.0
6.0
5.2

T o ta l Loans ^
Seasonally
M illions
Adjusted
o f D ollars
Index

SPENDING

Bank D eposits &
S easo n ally
A djusted
M illio n s
o f D o llars
Index

108.2
I 65.O
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

319.3

326.6
326.2
327.0
324.6
325.8
324.6
309.0
313.1

H 3 .5

162.0
176.9
192.9
203.7

197.3
203.4
204.5

223.2

210.2

126
123
123
123

207.3

207.2
206.8
207.2

320.1
322.1

121
121
118
115
120
125
128

202.2
196.2
200.8
206.3
206.0

317.6

127

199.4

319.3
323.8
327.5
320.9

123

202.0

206.3
208.7

322.1
322.1

120
120
120
117
120

202.4
202.7
202.5
199.4

84
84
85
87
91

327.9
343.9
342.6
346.3
355.3
369.3

125
127
129
132
136
142

216.7
216.3
219.1
218.9

92
93
97
96
99

376.6
382.4
400.4
396.7
406.1

l4 l
l4 l
147
146
145

80

Check Payments
Seasonally
A djusted
M illio n s
o f D o llars
Index

206.1
213.8

222.8
231.2
237.6
248.1
246.7
246.3

244.7

116
91
107
113

100
109
117
96
119
136
124
146

122
106
115
118
109
125
123
115
129
140
144
159
124
115
134
143
119

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
254.5
263.1
258.9
230.7
209.9
227.1

251.2
274.6
263.3

282.0
277.3
282.7

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

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT
-59-100

PI NE BLUFF
ARKANSAS
METROPOLITAN AREA

BANKING A C T I V I T Y

SEASONALLY ADJUSTED

TOTAL LOANS
1957 - 5 9 - 1 0 0
500

166

1957- 59 - 1 0 0
166

162

162

480

480

158

158

460

460

154

154

440

440

YEAR ENDING

150

150

420

420

MAY 1971

146

140

400

400

142

142

380

380

TOTAL PAYROLL EMPLOYMENT

-1.5

-0-

138

138

360

360

TOTAL LOANS

+26.1

+7.5

134

340

340

TOTAL DEPOSITS

+23.5

+ 16. 1

CHECK PAYMENTS

+ 1 2. 8

+9.1

134

'— '

—

1957- 59
500

130

130

320

320

126

126

ouu

300

122

122

280

280

118

118

260

260

114

114

240

240

110 ! 1T 1 1 1 i l 1 1 1 i i 1 i i 1 i i 1 i i i i 1 i i 1 i i 1 i r 110

220

1069

1970

1971

11111111111
1969

i i 1i i 1i i 1i i i i 1i i 1i i 1i i
1971
1970

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

PINE BLUFF

U.S.

220

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1 95 7 -5 9 - 1 00

CHECK PAYMENTS

1957-59-100
460
420

PER CENT

10

380
340
300
260

220
1969

PINE BLUFF



1970

1971

U.S.

1969

1970

1971

* BEGINNING WITH JULY 1969, LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

1971

180

PREPARED BY FEDERAL RESERVE BANK OF ST. L01H3

State Summary
MANPOWER UTILIZATION

Annual
Averages
I 960
1965
1966
1967
1968
1969

1970

1969
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.
1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.
1971
Jan .
Feb.
Mar.
Apr.

T o ta l
Employment
United
Five
S ta te s
S ta te s
N.A.
108.5
111.5
113.3
115.1
114.6
114.9
114.8
114.4
114.3
114.9
114.3
113.7
114.7
114.5

115.0
115.0

102.9

117.4
116.5
1 1 6 .3

116.2




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

104.1

131.5
135.3
1^ 3.3
144.3

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

138.5
138.9

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

146.3
145.8
145.2
145.4

134.5
134.4
134.5
134.6

140.4
140.1
139.8
139.6

144.3
144.4
144.7
144.8

114.1
116.4

121.1
121.7
121.9
122.4
122.4

123.5
123.3

114.9
115.5

103.6
119.0
125.1
129.6

118.8
121.9
123.0

115.5
115.3

115.0
115.2

103.2
115.8
121.8

120.1
127.6

114.7
114.8

115.0

103.7

Nonmanufacturing
Employment
U nited
Five
S ta te s
S ta te s

111.2

122.8
122.9
123.2

114.8
114.8
114.2
114.4
114.3

T o ta l P a y ro ll
Employment
U nited
Five
S ta te s
S ta te s

123.6
123.4
123.0
122.5
122.9

122.8
122.8
123.1
122.9

122.8

123.4
122.9

122.8
123.1

125.4
129.3

133.8

134.6

132.0

136.5
137.2
137.0

136.8

136.9
136.9
136.9
136.9
137.4

138.1

138.2

138.7
139.1
139.5
139.6
139.9
140.1
140.9
141.2
141.3

______INCOME

M anufacturing
Employment
U nited
Five
S ta te s
S ta te s
104.1

P ersonal
Income
Five
S ta te s

108.1

U nited
S ta te s

109.8
160.8

122.6
133.5
136.2
140.7
165.9
163.6

108.8
115.8
117.2
119.2
121.5
116.9

N.A.
4 .7
4 .1
4 .3
3 .9
3 .7
4.8

5.5
4.5
3.8
3.8
3.6
3.5
5 .0

165.0

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

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

221.3
221.4
221.3
220.5

222.3
221.7
222.4

5 .0
5.5
5.5
5 .2

6.0
5.8
6.0
6.1

228.7
226.7
233.4
N.A.

226.5
227.3
229.1
N.A.

164.3
165.5
165.9
165.5
166.4

167.0
167.0
166.8
167.1
164.8
164.9
165.0
165.4

165.6

165.5
163.9
163.5

ICQ..2

Unemployment
Rate
Five
U nited
S ta te s
S ta te s

120.6
120.1
120.2
119.3
U 7 .9
117.3
116.9

162.9
162.6
163.5
161.9
161.0
161.9

116.1
116.2
112.6
111.7

162.5

113*3

161.4

112.5
112.5

161.7
160.2

113*4

112.8

147.6
161.9
173.8
191.1
205.9
219.1

172.3
188.5

200.6
200.2
202.5
203.6

197.2
198.5
200.4

204.0
205.1
207.4

209.6
209.0
208.0
209.6
210.8
212.3

215.0
216.6
217.1
218.2
219.9
221.8
223.6

147.5

205.0

219.3

201.6
202.8
204.3
206.0
207.6
208.9
209.9
210.9

212.0

Farm Cash
R eceip ts 3 / __4/
U nited
Five
S ta te s
S ta te s
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

212.9
213.9

712
1,010

218.9
218.5
219.9

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

215.6
220.6
220.8
223.8

1,293
1,575

3,571
4,471
5,073
423
713
1,014

1,281

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

4,157
7,487
11,074
14,332

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED
TOTAL PAYROLL EMPLOYMENT

1957-59-100
190

1957-59-100
190

180

180

170

170

160

160

150

150
140

140
130

120

— —— '

1

1 1 1

130
1

I

1 1

li- L .

II 1 1 1 1 1 1 1 11

1969

111

1970

1.1 1,L-

1971

120

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

PERCENTAGE CHANGE
SEASONALLY AOJUSTEO INDEX
YEAR ENDING
APRIL 1971
STATE
SUMMARY U.S.
♦0.7
-0.7
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
♦ 1.3
♦ 2.0
-5.7
-2.5
MANUFACTURING
TOTAL EMPLOYMENT
- 0.2
♦ 1.2

PERSONAL

INCOME

TOTAL NONMANUFACTURI MG
170

170

160

160

150

150

140

140

—

130

130
120

.1 1 1 1 1 1 1 lli-1. 1 1 1 1 1 1 1 1 1 LI, ■■i ■■i ■■i »'

1969

1970

1971

120

TOTAL MANUFACTURING
240

240

220

220

200

200

180

180

160

160

140

140

120

120

------- — v ,

100

100

80

80

60

1 1 1 1 1 1 1 11 1 1 ,

11 1 1 1 1 1 1 1 I I

1969
C.M.V.

STATES




1970

i i 1 i i 1 i i 1 i i.
1971

U.S

60
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

A rk a n s a s

Annual
Averages

T o ta l
Employment
S easonally
A djusted
Thousands
o f Persons
Index

I 960

102.4
115.9
H 9 .3
121.4
124.2
128.5

1965
1966
1967
1968
1969

651

662

674
691
705
715

721

718
711

721
716
675

1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

700
708
670

1971
Jan .
Feb.
Mar.
Apr.

665
679
690
696

127.3
127.7

127.2
128.6

128.4
127.9

129.2
129.2
129.5
129.8
128.4

128.3

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

660
668
678
690
703
712

128.8
128.1
128.4
128.1
127.6

129.1

522

709
713

127.1
127.5

523
525
531
533
538
537
539
538
535
531
533

701




127.2
127.0

127.3
127.5

130.0
131.0
130.4
129.4

104.1

105.9
131.3
140.0
143.6
1A7.7
153.0
153.**

127.8

1970

1969
Jan*
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
Oct.
Nov.
Dec.

MANPOWER UTILIZATION
Nonmanufacturing
T o ta l P a y ro ll
Employment
Employment
S easonally
S easonally
A djusted
Thousands
Adju tte d
Thousands
Index
Index
o f Persons
o f Persons

522
524
530
534

151.9

151.8

152.3
152.4
153.3
153.5
153.8
153.8
153.7
153.2
153.1
153.5
154.1
154.2
153.4
154.2
153.9
153.0
152.9
152.5
153.1
153.0
153.2
153.5
154.2
154.5
154.9
155.0

126.1
132.6
135.9
138.9
142.5
143.7

INCOME
M anufacturing
Employment
S easonally
A djusted
Index
110.9
145.4
160.3
164.9

172.2
182.2
180.3

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

181.0
181.6
183.2
182.7
183.6
I 83.O
183.2
183.2
182.6

355
357
358
365
367
370
371
371
370

143.3
143.7
142.6

183.9
183.4
183.4

368

367
370

360
362
366
370

S easonally
A djusted

M illio n s
o f D ollars
Monthly Rate

6.6

112.4

17 9 .9
189.1

210.6

226.9
241.9
405
376
383
391
400
409
409
410
423
462
469
427
44l
421
408
417
422
437

143.8
144.3
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

434
444
492
491
446

1 4 5 .2 '
145.7
145.9
146.0

178.9
178.7
179.7
179.8

5.7
5.5
5 .7
5.4

477
432
442
N.A.

143.8

143.6

182.9

182.8
181.0

P erso n al
Income
S easo n ally
A djusted
Index

163.6

5.2
4.5
4 .4
4 .2
4 .1
5.2
3 .9
4 .0
3.8
4 .0
3 .9
4 .1
4 .3
4 .2
4 .3
4 .2
4 .7
4 .3

144.0
143.4
143.8
143.3

179.8
179.6

Unemployment
Rate

438

222.4
217.7
222.9
225.7
228.5

226.2
228.5
229.3
230.7

226.1
230.7
233.7
242.1
243.5
237.6
240.4
240.5
241.9
244.5
242.7
242.2
241.4
242.0
244.2

261.9

Farm Cash
R eceip ts
M illio n s
~/
o f D o lla rs *
2,459
3,581
3,931
4,132
4,611
4,964
5,291
405

781

1,164
1,555
1,955
2,364
2,773
3,183

3,606

4,068
4,537
4,964
441

862
1,270
1,687
2,109
2,546
2,984
3,418

3,862

4,354
4,845
5,291

249.7
257.4

477
909
1,351

N .A .

N .A .

M illio n s
o f D o llars

669
910
986
914
999
1,0 3 9
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

212

~/
&

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

ARKANSAS

TOTAL PAYROLL EMPLOYMENT

1957-59-100
190

1957-59-100
190
180

180

170

170

160
150

160
■ ^

1

1

150
140

140
130
170

—

—m

Ii i Im Im

1969

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEl
YEAR ENDING
APRIL 1971

11111111111

1970

130
LI. i l l I II 1 I I. 120

1971

TOTAL NONMANUFACTURING

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURINC
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME X

ARKANSAS
♦0.5
♦ 1.5
-1.6
♦0.8
♦8.3

U.S.
-0.7
♦ 1.3
-5.7
-0.2
♦6.3

PERSONAL

INCOME

SEASONALLY ADJUSTED

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 11111111111 11 I i i l.i i 111
1970
1969
ARKANSAS



U.S

± i

l u l l il L-L.

1971

60
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Kentucky
MANPOWER UTILIZATION____________________________________________

Annual
Average

T o ta l
Employment
S e a so n a lly
A d ju sted
Thousands
Index
o f Persons

I 960
1965
1966
1967
1968
1969

Jan.
Feb.
Mar.
Apr.
May
June
J u ly
Aug.
S e p t.
O c t.
Nov.
Dec.

112.9
114.6

115.8

1970
Jan.
Feb.
Mar.
Apr.
May
June
J u ly
Aug.
S e p t.
O c t.
Nov.
Dec.

1,1^7
1,158
1,176
1,172
1,13**

1,110

1,056
1,090

1,075

1,109
1,1**3
1,163
l,lk k
1,167
1,214

1,211
1,162
1,151

1971
Jan.
Feb.
Mar.
Apr.

1,109

1,111
1,13*
1 ,1*9




117.0
114.8
114.6
114.7
114.1
113.9
114.6
114.0
114.1
114.9
114.0
114.2
114.2
115.1
114.9
114.8
114.8
114.6
114.3

875

876
879
891
902
911
901
899
909

910

895
900
871

886
892
906
916

117.9
118.7
116.9
118.4

921
915
919
931
936
937
942

120.0
118.8
119.5
119.0

913
917
932

115.0

102.5
117.7
122.9

126.2
131.3
136.3
140.5
143.5

108.2
110.8

1,081
1,070
1,087
1,108
1,136
1,156

Nonmanufacturing
Employment
S e a so n a lly
A d ju sted
Thousands
Index
o f Persons

102.5
119.1

N.A.

104.3

1970
1969

T o t a l P a y r o ll
Employment
S e a so n a lly
A d ju sted
Thousands
o f Persons
Index

920

140.0
140.3
140.2
140.5
140.5
141.3
141.0
140.7
141.0
141.6
139.5
139.7
139.5
141.8
142.1
142.8
142.6
142.7
143.3
144.0
144.6
145.6
146.1
146.3
147.2
146.1
146.1
146.8

634
647

656
659
649
649

656
654
653
654

632
636

641
654
664

667
665
666
677
682
685
689
668
664
671

686

102.6
123.1
135.5

128.6
133.6
137.8

138.8
3* 3.9
148.4
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

630
630

M anufacturing
Employment
S e a so n a lly
A d ju sted
Index

150.0
148.7
150.2

152.9
144.4
144.6

S e a so n a lly
A d ju sted

4 .1
4 .2
3 .9
4 .3
3 .9
4.1
3 .9
4 .0
4.1
4.1
4.5
4 .9

150.7
151.4
150.4
148.9

4 .6
5 .0
4 .7
5 .0
5.1
5.1
5.2
5.1
5.2
5.5
5.4
5 .6

146.0
144.8
145.4
145.8

150.9
149.8
148.3
149.6

5.4
5 .9
5 .7
5 .6

150.8
149.1
150.8

P e rson al
Income
S e a so n a lly
A d ju sted
Index

109.6

5 .9
5.1
5 .1
4 .7
4 .2
5.1

143.6
150.4
153.3
151.1

M illio n s
o f D o lla rs
Monthly Rate

N .A .

133.1
138.7
138.9
139.0
139.6
139.9
141.2
141.6
142.4
143.6
144.6
145.4

151.2

_____________________________ INCOME

Unemployment
Rate

760
712
730
741
744
776

766
764
779

788

792
851
796
779
791

806
811
826
827
823
839
853
857
924

856
803
864
N.A.

Farm Cash
R e c e ip ts
M il lio n
,/
o f D o lla r s &

M illio n s
-/
o f D o lla r s

559
687
725
824

148.4
163.5
17 7 .0
194.8
210.5
227.3

M 22
6,1*89
7,11*3
7,735
8 ,517
9,203
9,932

204.2
202.9

760
2,202

108

207.5
207.1
213.5

2,91*3
3,687
1*,1*63
5,229
5,993
6,772
7,560
8,352

278

207.2
212.9
214.0
215.8
215.3
214.9

211.2

214.1
221.9
224.0
225.4

225.8
227.2
229.6
230.6
232.4
233.2
232.9
229.9

1,1*72

9,203

826
886
928
152
195
236

324
373
422
479
561

683
886

796
1,575

2,366

111
162
211

3,172
3,983
**,809
5,636
6,1*59
7,296
8,151

258
304
351
403
453
509
593

9,006

9,932

856

230.4
228.7
244.5

1,659
2,523

N .A .

N .A .

720
928
88
136
185
229

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

KENTUCKY

TOTAL PAYROLL EMPLOYMENT

1957-59-100
190

1957-59-100
190
ISO

ISO

170

170

160

160

150

150

140
130
120

140
—

—

130

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ■1 1 Ll 1,1 Ll 1 1 1120

1969

1970

1971-

PERCENTAGE CHANGE
SEASONALLY ADJUSTEO INDEX
YEAR ENDING
APRIL 1971

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT

KENTUCKY U.S.
+2.S
-0.7
♦ 1.3
♦4,9
-5.7
-2.4
♦3.7
- 0.2

PERSONAL

INCOME

TOTAL NONMANUFACTURING
170

170

160

160

150

150

140

140

130

130

120

11111. 111111

1969

1 1 1 1 1 1 1 1 1 1 1 -1 1 .L - lJ

1970

i j J.1JL-

1971

120

TOTAL MANUFACTURING
240

240

220

220

200

200

ISO

180

160

160

140

140

120

120

100

100

80
60

SO
» ■1 ■■1 i i 1 « ■ i i 1 i i 1 i i 1 i I ■J 1,1,1,1 1 1 1 1 1 1

1969

KENTUCKY



1970

U.S,

1971

60
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Mississippi

Annual
Averages

T o ta l
Employment
S easonally
Thousands
Adjusted
o f Persons
Index

103.0
111.1
111.1
112.5
115.0

I 960

1965
1966
1967
1968
1969

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

105.8
136.0

108.4

1970

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

MANPOWER UTILIZATION
Nonmanufacturing
T o ta l P a y ro ll
Employment
Employment
Seasonally
S easonally
Thousands
Thousands
A djusted
A djusted
Index
Index
o f Persons
o f Persons

770
775

781
791
784

786
793
793
789

788
776
777
778

782
788
795
791

788

794
795
795
795

786
788

114.4
114.5
114.6
114.6
114.8
115.1

115.0
115.4
115.6

138.7

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

154.5
160.8
160.3

386

141.6
142.0
142.1
142.0
142.5
143.1
143.3
144.4
145.1
145.4
145.7
142.0

160.1
160.6
161.3
161.7
160.5
161.8
161.8
161.3
160.6

146.3
146.8
146.4
146.7
147.1
146.4
146.9
147.2
147.4
147.8
147.8
147-9
149.9
149-5
149.0
149.0

373
374
377

381
385
386
385
388
395
395
394

579
577
578

147.5

115.8
115.7
115.7

566
567
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
583

153.5
1 5 3 .0
153.0
153.2

395
394
396
399

115.6
115.8
115.7
116.0
115.6
115.8
116.0
116.2
117.2
117.0

793

117.1
117.1

150.9

150.5
150.9

105.9
134.8
146.9
147.6

U 3.3
147.1

151.0

115.5
115.3
115.3

785




131.4
135.9

139.3
143.4
148.5

H 5 .9

766
768

105.8
123.8

127.1

INCOME
M anufacturing
Employment
S easonally
A djusted
Index

159.2

Unemployment
Rate
S easonally
Adjusted

M illio n s
o f D o llars
Monthly Rate

114.7
161.5
180.9
193.9
212.3

6 .7
4 .6
4 .2
4 .8
4 .5
4 .2
4.8
420
410
415
4l8
425
426
428
433
443
475
483
459
447
433
441
450
452
457
454
454
468

161.9

3 .9
4.5
4 .8
5 .0
4 .9
4 .8
4 .9
5 .0
4 .8
5.1
4 .9
5 .0

162.0
161.5
162.7
163.2

4 .8
5.3
5 .3
5 .0

486
466
481
N.A.

160.5

161.6
160.5
160.5
159.5
159.7
159.0
159.4
159.4

160.3

160.5
161.5

500
500

521

Farm Cash
R eceip ts
M illio n s
-/
o f D o llars »

2,632

243.0

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

222.9
224.7
225.6
228.2

1,245
1,663

228.1

3 .7
4 .1
4 .1
4 .2
4 .1
4 .2
4 .2
4.5
4 .2
4 .2
4 .4
4 .1

160.3

P erso n al
Income
S easo n ally
A djusted
Index

229.1
227.3

231.6
232.4
231.5

227.2
224.2
232.8
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
261.1
N.A.

420

830
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
1,433
N.A.

M illio n s
,,
o f D o llars
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

258

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

MISSISSIPPI

TOTAL PAYROLL EMPLOYMENT

1957-59-100
190

1957-50-100
190

180

180

170

170

160

160

150 —i

150

^

140

140
—

130
120

130
1 1111111111. -1.1 L l i 1 1 i l l 1 . . I . .

1969

1970

120

1971

TOTAL NONMANUFACTURING

PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1971
MISSISSIPPI
TOTAL PAYROLL EMPLOYMENT
*1.8
NONMANUFACTURING
*1.6
MANUFACTURING
*2.3
TOTAL EMPLOYMENT
*1.3
PERSONAL INCOME *
*9.0

U.S.
-0.7
*1.3
-5.7
-0.2
*6.3

PERSONAL

INCOME

SEASONALLY ADJUSTED

100

170

300

160

290

150

280

140

270

L30

260

120

250
240

TOTAL MANUFACTURING
240

240

230

220

220

220

200

200

210

180

180

200

160

16 Q

190

140

140

180

120

120

170

100

100

160

80

J 50

60

140

80
60

J .J - 1 . 1 . 1 l l - t . l , L L

i I

1969
MISSISSIPPI




1.1 1..I

l -L-1.1.1

1970

I i l l

1971

U.S

I

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Missouri
MANPOWER UTILIZATION_______________________

Annual
Averages

T o ta l
Employment
S easonally
A djusted
Thousands
Index
o f Persons
101.0
104.0
107.5
109.7

I960

1965
1966
1967
1968
1969

S e p t.
O c t.

Nov.
Dec.

1970
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.
S e p t.
O c t.

1 ,9 H
1,907
1,948
1,994
1,990
2,019
2,044
2,021
2,057

2,050

1,998
1,981

1,928
1,924
1,955

1,966
1,992
2,015

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

Nov.
Dec.

1,965
1,952

1971
Ja n .
Feb.
Mar.
Apr.

1,907
1,890
1 ,9 1 7
1,953




112.8

113.6

1,690
1,694

113.8
113.4
112.9
112.4
112.3

1,651

127.1

1,636
1,619

l,6 4 l
1,664
1,659
1,674

111.4
112.9

1,666

113.5
113.5

1,674
1,683
1,690

112.6

111.2
112.0
111.6
111.3
111.2
111.7
111.6
112.5
111.4
110.7

111.6

122.0
125.2

123.3
126.4
125.5

113.3

112.2

102.6
113.4
118.5

120.6

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

112.5
112.5
113.9

Nonmanufacturing
Emnloyment
S easonally
Thousands
A djusted
Index
o f Persons

102.3
111.7
117.4

111.1
112.9
112.1

1970
1969
Ja n .
Feb.
Mar.
Apr.
May
June
Ju ly
Aug.

T o ta l P a y ro ll
Employment
S easonally
Thousands
A djusted
o f Persons
Index

1,645
1,659
1,655

1,650
1,667
1,657
1,647

127.0
127.0
125.7
125.1

125.6
125.2

125.4

1,656
1,652
1,662

124.9
124.3
123.9
124.7

1,620
1,612
1,612
1,628

124.8
124.4
123.4
123.7

1,648

129.3
130.1
1,173
1,172

128.4
128.4

1,180

128.2

1,203
1,209

129.1
129.3

1,210
1,196
1,204
1,217
1,224
1,225
1,230

129.0
128.5
129.8
129.9
130.2
130.3
130.4

1,194
1,198

131.2
131.0

1,209

129.7
129.1

1,206
1,208
1,218
1,209
1,201
1,210
1,222
1,223
1,228
1,193
1,190
1,195

1,206

130.7

129.8
129.8
129.6
129.2
130.0
130.2
130.3

130.6
130.2
129.9
129.4

M anufacturing
Emnloyment
S easonally
Adjusted
Index

■________ ______

S easonally
A djusted

I d .4
107.6
114.9
117.2
118.5
119.3
114.6

4 .8
3 .7
3 .3
3.4
3 .3
3.3
4 .6

120.3

2 .9
3 .0
3.1
3.2
3.2
3.5
3 .3
3.3
3.4
3.3
3.3
3.5

117.2
119.5
119.8
117.3
118.9

120.1
120.9
119.7

119.8
H 9 .3
118.8

____________________________ INCOME

Unemployment
Rate
M illio n s
o f D o llars
Monthly Rate

P erso n al
Income
S easo n ally
A djusted
Index
104.6
136.7
1 4 7 .0
157.5
172.1
1 8 3 .9
194.4

1,288
1,280
1,301
1,297
1,314
1,350
1,354
1,344
1,371
1,396
1,399
1,392

1 78.7
179.2
18 0 .9

182.0
1 81.7
182.0
185.1
189.3
1 8 5 .9

185.2
188.0
189.0

110.6
109.0
111.1

3.8
3 .7
4 .1
5.1
5.6
4 .4
4 .1
4 .4
4 .9
5 .0
5.2
5.3

1,406
1,459
1,451
1,396
1,448
1,459
1,437
1,457

1 9 4 .0
193.2
197.8

110.9
110.7
107.8
109.9

5.1
5.7
5.7
5 .3

1,459
1,451
1,468
X.A.

204.1
N.A.

118.5
117.1
117.5

116.2
115.5
115.4
114.8
114.6
114.7

1,365
1,369
1,395

1,360

189.3
191.6
1 9 3 .9
19 0 .9
194.4

196.6
198.2
196.8
196.2

202.4

203.2

Farm Cash
R eceip ts
M illio n s
o f D o lla rs
9,149
H , 96l

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

0/
*

M illio n s
Of D o lla rs
1 ,1 1 0
1 ,2 5 7
1,335
1,316
l,4 l8
1,446
1 ,4 7 9

116
204
304
391
482
575
709

619

11,899
13,295
14,694

953
1,141
1,313
1,446

1,365
2,734
4,129
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
4,378
If . A .

322

423
518

612

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

116
210
318
407

MANPOWER
UTI LI ZATI ON
SEASONALLY ADJUSTED

MISSOURI

TOTAL PAYROLL EMPLOYMENT

1957-50-100

1957-59-100
190

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR END 1NG
APRIL 1971

180
170
160
150

MISSOURI
-1.6
-0.2
-5.4
-0.7
<•5.3

. TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURING
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR ENDING MARCH

140
130
120

TOTAL NONMANUFACTURING
170

U.S.
-0.7
4-1.3
-5.7
-0.2
4-6.3

160
150

1957-59-100 T 0 T A L

E M P L O Y M E N T t957.59.100

PERSONAL
1957-59-100
300
290

290

280

280

140

270

270

130

130

130

260

260

120

120

120

250

250

110

110

240

240

100

100

230

230

220

220

240

220

220

JLjli.1iJLL

90

1969

■■L-Li-lLLiJ- LI
1970

90

1971

200

200

210

180

180

200

160

160

140

140

120
100

60

i » i
l -iu

1969
MISSOURI




l u

1970

III

. U .S.

■i i l i . i I i i 11 i

1971

1957-59-100
300

140

240

1111«»I
11111

SEASONALLY ADJUSTED

140

TOTAL MANUFACTURING

80

INCOME

CEHT
PER <
10

UNEMPLOYMENT RATE

PEfi

210

..■
f *

"

.

200

10

190

190

8

8

180

180

120

6

6

170

170

100

4

4

160

160

80

2

2

150

0

140

60

0

1

l 11l 11l 1l 1 11 J 1 1 11 1 11
1969
1970

1

1

1111111111
1971

150
1

.1

1

,. 1 . 1

1 ,.1 1 . 1

1969

L-L

■io J-u J u -L j- ,1 i
1970

j . l l l 11 11,1-

1971

140

PREPARED 6Y FEDERAL RESERVE BANK OF ST. LOUIS

Tennessee
INCOME

MANPOWER UTILIZATION
T o ta l

Annual
Averages

Thousands
o f Persons

I960
1965
1966
1967
1968
1969
1970

S e a so n a lly
A d ju sted
Index

Jan.
Mar.
Apr.
May
June
J u ly
Aug.
S e p t.
O ct.
Nov.
Dec.

Jan.
Mar.
Apr.
May
June
Ju ly
Aug.
S ep t.
O ct.
Nov.
Dec.

M anufacturing
Employment
S e a so n a lly
A d ju sted
Index

Unemployment
Rate
S e a so n a lly
A d ju sted

104.6
123.5
130.5
136.0
138.7
144.1
147.8

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
fc.5

M illio n s
o f D o lla r s
Monthly Rate

P e rson al
Income
S e a so n a lly
A d ju sted
Index

Farm Cash
R e c e ip ts
M illio n s
o f D o lla r s

3/
*

M illio n s
o f D o lla r s

108.2
152.7
169.7
I8 3 .6
202.0
220.5
234.0

5,1*91*
7,71*9
8 ,6 u
9,315
10,253
11,190
11,873

501
607
601
603
6 l6
673
705

1,51*3
1,551*
1,569
1,593
1,618
1,621*
1,626
1,637
1,61*5
1,661
1,61*6
1,619

122.7
122.9
122.7
122.8
122.8
121.5
122.8
122.8
123*3
122.6
122.1
123.2

1,272
1,278
1,284
1,298
1,311
1,321
1,320
1,327
1,328
1,325
1,323
1,329

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

812
814
819
832
840
849
846
848
851
854
854
859

142.8
143.3
143.1
143.7
144.3
144.3
144.0
144.1
144.7
144.8
145.0
145.2

155.9
157.0
157.3
157.6
158.9
158.8
159.0
158.4
158.6
157.9
156.7
157.6

3.2
3.3
3.4
3.5
3.6
3.6
3.5
3.6
3.5
3.6
3 .7
3.7

902
905
901
909
915
926
930
935
950
971
983
963

215.6
215.6
216.5
216.8
217.7
218.7
220.8
221.9
223.3
224.6
226.4
228.2

902
1,807
2,708
3,617
1*,532
5,1*58
6,388
7,323
8,273
9,21*1*
10,227
11,190

46
87
123
160
201
243
286
332
385
475
587
673

1 ,570
1,571
1,589
1,608
1,630
1,647
1,631
1,636
1,656
1,681
1,671
1,61*3

124.8
124.1
124.1
123.9
123.7
123.4
123.2
122.8
124.2
124.2
123.9
125.0

1,299
1,303
1,311
1,323
1,325
1,332
1,325
1,329
1,3^1
1 ,3 M
1,348
1,354

150.2
150.8
151.0
151.3
150.8
150.4
149.6
149.2
150.9
151.4
151.8
152.2

832
836
845
855
863
869
860
862
871
877
880
886

146.2
147.3
147.6
147.8
148.2
147.7
146.4
146.5
148.1
148.7
149.4
149.9

158.2
157.9
157.7
158.3
155.9
155.7
155.9
154.6
156.2
156.5
156.4
156.9

3 .9
4 .0
4 .1
4.5
* .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

226.1
227.3
230.0
232.2
231.6
233.5
235.4
236.2
235.9
241.1
237.9
240.3

9U6
1,901
2,859
3,833
l*,807
5,796
6,787
7,782
8,785
9,827
10,859
11,873

50
94
134
175
216
26l
308
354
404
496
612
705

1,620
1,6H*
1 ,6 2 6
1,61*0

128.7
127.5
126.9
126.3

1*34-5
1,3 ^ 0
1 ,339
1,3^5

155.6
155.2
154.1
153.8

879
879
879
885

154.6
15^*7
153.^
152.9

157.6
156.2
155.5
155.^

4 .5
5 .1
5.1
^•7

1,025
1,022
1,048

245.1
243.1
251.6

1,025
2,01*7
3,095

51
93
135
175

1970
Feb.

Nonmanufacturing
Employment
S e a so n a lly
A d ju sted
Thousands
Index
o f Persons

105.0
125.7
13^.7
139.5
1^3.5
148.7
150.8

100.7
112.1
116.5
117*9
120.0
122.7
123*9

1969
Feb.

T o t a l P a y r o ll
Employment_______
S e a so n a lly
Thousands
A d ju sted
o f Persons
Index

1971
Jan.

Feb.
Mar.
Apr.




N.A.

N.A.

N .A .

MANPOWER
UTI LI ZATI ON
SEASONALLY AOJUSTED

TENNESSEE

TOTAL PAYROLL EMPLOYMENT

1957-59-100

1957-59-100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
APRIL 1971

TOTAL NONMANUFACTURING
170

TENNESSEE
TOTAL PAYROLL EMPLOYMENT
♦t.7
NONMANUFACTURING
♦3-5
MANUFACTURING
-1.8
TOTAL EMPLOYMENT
H.9
PERSONAL INCOME X
♦9.4
* YEAR ENDING MARCH

U.S.
-0.7
♦ 1.3
-5.7
-0.2
♦6.3

PERSONAL

INCOME

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

ii I i i I i i I i i

■

1969

TENNESSEE



»1 * «

1970

u.s

>-» I i i 1i i I i »
1971

PER CENT

unemployment

rate

PER CENT

60
PREPARED BY FEDERAL RESERVE BANK OF ST. LOBIB

CHECK PAYMENTS IN ELEVEN MEDIUM-SIZE CITIES

SEASONALLY AOJUSTED INDEX

MILLIONS OF DOLLARS
MAY

1971

1/

MAY

1971

APR

1971

MAR

2/

1971

MAY

1970

80

248.6

263.5

269.0

253.1

24

239.9

242.7

243.7

195.3

TEXARKANA, ARK.

132

285.7

284.4

282.9

265.0

QUINCY, ILL.

106

242.4

244.7

245.1

225.3

OWENSBORO, KY.

107

228.9

235.6

240.8

210.0

PADUCAH, KY.

81

258.7

258.9

272.5

249.9

GREENVILLE, MISS.

69

255.1

262.4

263.9

220.7

CAPE GIRARDEAU, MO.

59

295.7

297.9

302.5

254.7

HANNIBAL, MO.

23

198.3

195.5

193.8

183.8

SEOALIA, MO.

47

277.3

278.8

276.5

290.3

JACKSON, TENN.

84

310.3

306.8

298.1

279.3

EL DORADO, ARK.
HELENA, ARK.

$

1/ DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND U.S. GOVERNMENT ACCOUNTS •
2/ THREE-MONTH MOVING AVERAGES (EXCEPT LATEST MONTH, WHICH IS A TWO-MONTH AVER AGE 1.

RELEASED




JUNE 1971

PREPARED BY FEDERAL RESERVE BANK OF ST . LOUIS

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