Full text of Economic Characteristics of the Sixth Federal Reserve District, (February 1966)

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ECONOMIC
CHARACTERISTICS
SIXTH FEDERAL RESERVE DISTRICT

Research Department
Federal Reserve Bank
of Atlanta
Atlanta, Georgia
Revised February 1966


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ECONOMIC CHARACTERISTICS
of the
SIXTH FEDERAL RESERVE DISTRICT

Research Department

Federal Reserve Bank of Atlanta
Atlanta, Georgia

February 1966

Table of Contents

Pages

Sources of Personal Income...Employment...Population...State and Local Government Revenue and Expendi­
ture.. .Payroll and Procurement Data...Farming Statistics...Trade and Commerce...of the SIXTH FEDERAL
RESERVE DISTRICT........................................................................................................................................................

2-18

Civilian Labor Force... Manufacturing Employment ... Population ... State and Local Government Revenue and
Expenditure ... Banking Data...Trade and Services ... Farming Statistics ... of
ALABAMA...........................................................................................................................................................................
FLORIDA............................................................................................................................................................................
GEORGIA.............................................................................................................................................
LOUISIANA...............................................................................................................................................................
MISSISSIPPI ........................................................................................................................................................................
TENNESSEE .......................................................................................................................................................................

19-28
29-38
39-48
49-58
59-68
69-78

Sources of Data

79-80


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Introduction

In analyzing the mutual relationship between economic developments and monetary and credit policy, the
Research Department of the Federal Reserve Bank of Atlanta must continuously depend upon economic information
drawn from all parts of the Sixth Federal Reserve District. Local economic changes can be better understood if we
have a knowledge of the basic economic structures of the local areas. The following statistics, which are intended to
depict local area economic structures, arise as a by-product of the normal activity of the Research Department.
The Sixth Federal Reserve District includes Alabama, Florida, Georgia, and parts of Louisiana, Mississippi,
and Tennessee. The latest available data are presented by trade and banking area -- a region having homogeneous
characteristics — and by Standard Metropolitan Statistical Area — a county or a group of adjoining counties within a
trade and banking area having common social and economic characteristics and containing one city of 50,000 persons
or more and a total population of 100,000 or more. If a trade and banking area does not contain an SMSA, data for a
major county within the area are presented. Maps of the District and its states depict these trade and banking areas
and SMSA’s, and short descriptive paragraphs discuss each area.

Unless otherwise indicated, data cover entire states. In many cases, figures may not equal totals because of
rounding. Area totals may not add to state totals because some counties outside a given state are included in a trade
and banking area that overlaps state boundaries.


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The SIXTH FEDERAL RESERVE DISTRICT states—Alabama, Florida, Georgia, and parts of Louisiana, Mississippi and Tennessee—are
served by the Federal Reserve Bank of Atlanta and its branches in Birmingham, Jacksonville, Nashville, and New Orleans. All Sixth District
states are included among the eleven Southeastern states usually referred to as the “South.”
The District is moderately well populated. Florida is the nation’s tenth largest state, and the other states generally fall in the mid-range of
state populations. The largest Standard Metropolitan Statistical Area is Atlanta, followed closely by Miami and New Orleans. The three SMSA’s
classify as 24, 25, and 28, respectively, in the nation. New Orleans, the area’s largest city, ranked fifteenth among the nation’s cities in 1960.
Population growth in the District states has twice exceeded that of the nation as a whole, once in the 1930’s during the depression when industrial
workers returned to the farms and again in the 1950’s. Population growth trends in the 50’s varied widely among the six states: Florida was the
nation’s fastest growing state, while Mississippi showed virtually no population change. In recent years the percent of urban population has in­
creased considerably, but the area still remains below the national average.
Since the end of World War II, several agricultural enterprises have grown significantly. Although cotton was still “King” in 1964, supply­
ing the major portion of cash farm receipts, its relative importance has diminished. Broiler and egg production have expanded very sharply, and
the District states now account for over one-fifth of the nation’s output. Likewise, the region now claims over two-thirds of the nation’s citrus
production, two-fifths of the peanut output, and growing shares of tobacco, truck crops, soybeans, dairy products, and cattle and calves. In 1964,
Georgia had more cash receipts from broilers, peanuts, and forest products than any other state. Florida led orange and grapefruit production.
Mississippi ranked second in cotton lint and seed income, while Georgia was number two in cash receipts from egg sales.

Expansion in cash incomes has occurred despite greatly reduced farm employment. Today, the number of persons employed on farms is about
one-half the total of the late 1940’s. They now account for 12 percent of the region’s total labor force. Meanwhile, farms expanded to an average
of 176 acres per farm in 1965, and average investment per farm now approaches $33,000.
Manufacturing in the six states developed later than in many other areas of the country. However, since World War II, it has grown faster
than the nation. Much of the manufacturing centers around the District’s natural resources. The presence of cotton aided the development of
textiles, one of the region’s oldest industries. The apparel industry records the greatest number of manufacturing employees. A large food
processing industry, supported by agriculture, is second in manufacturing jobs. Abundant forests underpin the lumber industry and aid the fast
growth of the paper industry.

Traditionally, the area’s manufacturing has consisted of low-wage industries with low capital requirements. There are some hopeful signs
of change, however. The area has a greater percentage of its manufacturing workforce in the high-wage chemical industry than does the country.
And transportation equipment has been the area’s fastest growing industry in the last few years. Industrial development agencies, recently
established in all six states, aid the growth of industry.
Over half the mining jobs in the District are in Louisiana and are mainly connected with oil and gas production along the Gulf Coast. Bi­
tuminous coal mining jobs have decreased since the war, with only about 7,500 jobs remaining in the six states.
National defense serves as one of the District’s largest “industries”; about 373,000 persons either serve on active military duty or civilian
payrolls of the Defense Department. Although only 12 percent of the nation’s population resides in the six states, 16 percent of active military
personnel are there. Many other people have jobs which support the defense establishment and its personnel.

The District has an abundant supply of water. The Mississippi and Tennessee Rivers provide navigation, irrigation, and electrical power.
Five of the six states have major seaports. Surface water in the panhandle of Florida is the purest in the nation.


2
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Sixth Federal Reserve District
District Boundaries
Trade and Banking Areas

SMSA Areas

0

SOURCES OF PERSONAL INCOME, 1964
(Millions of Dollars)
Alabama!M

Total Personal Income
Wage and Salary Disbursements
Farms
Mining
Construction
Manufacturing
Trade
Finance
Transportation
Communication and public utilities
Services
Government
Federal, civilian
Federal, military
State and local
Other industries

4,0^^

r

Florida
~ 12,841

Georgia

Louisiana

Mississippi

Tennessee

Six States

8,345

6,510

3,328

7,061

44,044

2,003
48
31
126
553
331
80
77
66
195
486
112
110
264

4,855
39
30
260
1,689
870
223
234
94
491
922
272
104
546

29,111
352
488
1,895
7*270
5,513
1,459
1,442
830
3,252
6,504
1,774
1,428
3,302

9

4

106

29
49
232
1,257
641
174
172
117
410
1,010
444
139
426

7,899
130
49
652
1,207
1,766
495
376
228
1,142
1,813
383
458
972

5,902
59
26
291
1,694
1,111
299
303
173
512
1,402
400
454
549

6

41

31

4,354
47
303
334
870
794
188
280
152
502
871
163
163
545
15

Other labor income

176

247

202

203

83

198

1,109

Proprietors’ Income
Farm

Nonfarm
Property income

739
251
488
589

1,594
447
1,147

973
264
710

748
207
540

830
257
573

5,580
1,789
3,791

2,182

865

781

696
363
333
320

784

5,521

Transfer payments

535

1,204

614

581

318

572

3,824

Less: Personal contributions for social insurance

178

286

211

156

93

178

1,102


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EMPLOYMENT, 1964
Average Number Employed
(Thousands)

Alabama

Florida

Georgia

Louisiana

Mi ssi ssippi

Tennessee

969

1,650

1,333

990

661

1,269

6,872

Agricultural

130

120

152

133

201

224

960

Nonagricultural Establishments-'

839

1,530

1,181

857

460

1,045

5,912

258

238

140

361

1,528

41

13
21
13
3
15
19
25
14
18

377
46
99
58
35
13
6
12
11
35
21
11

154

24
36
35
23
8
46
13
10
13
13
6

5
8
5
3

32
31
57
37
15
16
19
48
8
10
16

193
171
202
165
61
75
67
110
100
78
60

581

1,292

804

704

320

684

4,385

9
48
161
174
66
107
49
106
35

10
128
409
275
59
216
107
268
95

6
66
248
211
67
143
79
137
58

46
67
189
163
27
136
82
117
39

6
27
90
100
20
78
27
54
16

7
55
208
173
41
132
56
141
45

84
391
1,305
1,096
280
812
400
823
288

Total

Manufacturing

Food and kindred products
Textile mill products
Apparel and related products
Lumber and furniture
Stone, clay, and glass
Primary metals
Fabricated metals
Chemicals and allied products
Transportation equipment
Paper and allied products
Printing and publishing
Nonmanufacturing

Mining
Construction
Trade
Government
Federal
State and local
Transportation, comm., and public utilities
Service
Finance, ins., and real estate

3/

33
37

6
18
7
4
8
17
11
15
6

17
5
33
31
5
JJ
3/

Six States

1J Categories not shown separately excluded from six-state total.
2J

Proprietors, self-employed persons, domestic servants, unpaid family workers, and personnel of armed forces excluded.

3J Not available separately.


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5

MANUFACTURING EMPLUYMENT, 1963

(1,000)

Six-State
Employees
as Percent
of U. S.

1,426

8.4

100.0

6,559

14,191

1,018

27,945

155
63
68
39
47
10
94
103
182
167
188
53
97
135

15.8
5.7
6.2
2.7
3.2
1.4
5.8
6.8
11.1
19.3
14.5
5.8
13.0
8.7

10.9
4.4
4.8
2.8
3.3
0.7
6.6
7.2
12.7
11.7
13.2
3.7
6.8
9.5

491
401
340
205
255
43
599
530
756
590
531
275
619
752

870
836
643
432
549
93
1,067
1,137
2,009
1,076
958
512
2,120
1,783

71
78
35
20
29
8
37
60
127
69
22
31
276
153

8,508
337
1,721
1,560
465
167
768
2,884
4,068
721
1,482
2,930
1,266
1,032

Total
Employment

Total27

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

Percent Change
Percent of
Capital
Total
1963 from 1958
Total
Payrolls Value Added
Manufacturing ($ Millions) ($ Millions) Expenditures 1/ Establishments
Em­ Value
($ Millions)
(Humber)
Employment
ployees Added

ly Includes expenditures for both plants in operation and plants under construction but not in operation.

2j

The sum of the industry figures does not equal the total, because data for some industries are not avail able for all states.


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+ 14.7 + 48.4

+ 0.8
+ 9.2
+ 18.7
+ 33.4
+ 79.3
+ 60.6
+ 24.7
+ 40.4
+ 6.2
- 2.1
+ 38.9
+ 12.8
+ 8.0
+ 10.9

+ 30.4
+ 18.6
+ 44.7
+ 85.5
+ 106.5
+ 94.8
+ 84.0
+ 76.8
+ 38.1
+ 34.1
+ 80.5
+ 32.6
+ 51.3
+ 35.7

DEMOGRAPHIC CHARACTERISTICS, 1960
Alabama

Florida

Georgia

Louisiana

Mi ssi ssippi

Tennessee

Six States

3,267

4,952

3,943

3,257

2,178

3,567

21,164

1,795
1,069
403

3,662
1,185
105

2,180
1,356
407

2,061
963
233

821
814
543

1,865
1,115
587

12,384
6,502
2,278

30.1

17.9

28.6

32.1

42.3

16.5

27.9

9.1

10.9

9.0

8.8

8.9

8.8

9.3

852

1,102

1,017

869

613

863

5,316

1,153

1,887

1,516

1,092

743

1,314

7,705

White collar
Professional, technical, and kindred
Clerical and kindred
Managers, officials, and proprietors
Sales workers

33.7
9.0
10.6
7.7
6.4

42.4
10.2
13.0
11.1
8.1

35.1
8.5
11.7
8.3
6.6

37.8
10.2
11.9
9.1
6.6

29.3
8.1
8.3
7.5
5.4

34.8
9.2
11.4
7.3
6.9

36.5
9.3
11.5
8.8
6.9

Blue collar
Craftsmen, foremen, and kindred
Operatives and kindred

33.4
13.1
20.3

25.9
13.5
12.4

32.9
11.6
21.3

28.8
12.4
16.4

28.0
10.4
17.6

33.1
12.4
20.7

30.2
12.4
17.8

9.1
6.3
7.7
7.1
2.7

5.2
4.5
9.9
5.8
6.2

8.2
6.3
7.7
6.2
3.5

6.2
6.1
9.4
7.5
4.3

20.1
7.0
7.0
6.1
2.5

10.3
4.1
7.9
5.4
4.5

8.8
5.5
8.5
6.3
4.2

1,066

1,720

1,385

1,008

683

1,222

7,084

Total Population (Thousands)

Urban
Rural nonfarm
Rural farm

Percent nonwhite
Median school years completed
(25 yrs. of age & over)
Total school enrollment

Population working (labor force)
Percentage Distribution of Total Employed

Farm
Private household workers
Service workers
Laborers
Occupation not reported
Total Employed (Thousands)


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i

STATE AND LOCAL GOVERNMENT
Fiscal Year

DOLLARS PER CAPITA
Alabama

Florida

Georgia

Louisiana

Mi ssissippi

Tennessee

Six-state
Median

U. S. Median

265.41

327.75

276.80

360.96

254.48

266.19

271.50

360.96

62.80

43.93

54.55

80.09

55.24

56.95

56.10

55.24

202.61
156.22
28.95
127.27
46.38

283.82
220.55
84.22
136.33
63.26

222.24
173.71
53.32
120.39
48.52

280.88
208.62
45.10
163.53
72.23

199.23
153.96
44.38
109.57
45.27

209.24
168.99
54.83
114.15
40.24

215.74
171.35
49.21
123.83
47.45

293.35
237.31
106.10
127.06
55.32

273.68

337.84

270.94

377.77

271.89

271.25

272.79

369.77

Education
Local schools
Higher education
Other education

93.94
70.54
17.72
5.68

118.07
95.65
19.73
2.69

103.11
82.20
17.03
3.88

121.26
88.36
28.35
4.55

96.60
66.14
27.41
3.05

92.91
72.76
17.66
2.49

99.86
77.48
18.73
3.47

132.54
102.90
28.35
3.18

Highways

63.51

59.89

46.58

73.81

63.58

67.12

63.55

67.52

Public welfare

35.51

20.48

25.69

56.47

28.51

18.53

27.10

26.13

Health and hospitals

16.99

31.47

29.47

20.17

22.70

22.25

22.48

21.16

Police and fire protection

10.37

18.07

11.04

14.80

8.28

11.68

11.36

14.52

Sanitation

5.53

13.49

6.90

16.05

4.43

5.82

6.36

10.00

Recreation

2.71

8.60

2.15

4.59

1.18

3.06

2.89

3.75

Financial administration

3.82

6.14

4.43

4.37

3.47

3.74

4.10

6.17

General control

4.66

9.17

6.48

6.07

4.58

4.85

5.46

6.56

Interest on general debt

8.44

11.25

9.03

15.29

7.88

8.72

8.88

9.03

28.14

41.15

26.01

44.83

30.62

32.50

31.56

39.53

Total Revenue

From Federal Government
From own sources
Taxes, total
Property
Other
Miscellaneous
Total Expenditure

All other


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REVENUE AND EXPENDITURE
PER $1,000 OF PERSONAL INCOME

1963-64
Alabama

Florida

Georgia

Louisiana

Mississippi

Tennessee

Six-state
Median

U. S. Median

163.28

156.69

154.06

206.16

185.00

153.46

159.99

156.69

38.63

21.00

30.36

45.74

40.16

32.83

35.73

26.40

124.64
96.11
17.81
78.30
28.53

135.69
105.44
40.26
65.18
30.24

123.69
96.68
29.67
67.01
27.00

160.42
119.15
25.76
93.39
41.25

144.84
111.92
32.26
79.66
32.91

120.62
97.42
31.61
65.81
23.20

130.17
101.43
30.64
72.66
29.39

126.45
102.78
46.22
56.56
25.11

168.37

161.51

150.80

215.76

197.66

156.37

164.94

161.51

57.79
43.39
10.89
3.49

56.45
45.72
9.43
1.28

57.39
45.75
9.47
2.16

69.26
50.46
16.18
2.59

70.23
48.08
19.92
2.21

53.56
41.94
10.18
1.42

57.59
45.74
10.54
2.19

46.67
12.37
1.37

39.07

28.63

25.92

42.15

46.22

38.69

38.88

32.58

21.85

9.79

14.30

32.25

20.72

10.68

17.51

11.39

10.45

15.04

16.40

11.52

16.50

12.83

13.94

10.07

6.36

8.62

6.14

8.44

6.01

6.72

6.54

6.33

3.40

6.44

3.83

9.15

3.20

3.35

3.62

4.36

1.67

4.10

1.19

2.61

0.85

1.75

1.71

1.63

2.34

2.92

2.46

2.48

2.51

2.14

2.47

2.68

2.86

4.38

3.60

3.45

3.32

2.78

3.39

2.86

5.18

5.36

5.02

8.72

5.71

5.02

5.27

3.94

17.31

19.67

14.46

25.59

22.26

18.73

19.20

17.27


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67.55

9

DEPARTMENT OF DEFENSE
MILITARY AND CIVILIAN PERSONNEL AND THEIR ESTIMATED ANNUAL PAYROLLS
FISCAL YEARS 1961-65
Alabama
Military Personnel
Number
(Thousands)

Payrolls
($ Millions)

Civilian Personnel
Number
(Thousands)

Payrolls
($ Millions)

Total Personnel
Number
(Thousands)

Payrolls
($ Millions)


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Florida

Georgia

Louisiana

Mississippi

Tennessee

Six States

1961
1962
1963
1964
1965

21.8
24.5
23.7
21.9
24.0

56.3
59.8
66.6
70.7
70.0

67.7
87.5
93.0
98.5
94.0

18.0
14.3
32.5
31.4
34.3

24.9
29.5
25.0
20.9
21.3

17.5
18.9
17.7
19.3
18.4

206.2
261.5
258.5
262.7
262.0

1961
1962
1963
1964
1965

86.2
96.9
94.7
118.9
130.3

234.8
246.4
276.7
335.4
361.8

255.9
331.8
355.7
387.8
396.4

77.4
161.8
128.5
138.7
127.8

111.6
129.9
110.8
115.2
104.9

67.6
72.6
68.4
78.8
90.1

833.4
1,039.4
1,034.7
1,174.9
1,211.4

1961
1962
1963
1964
1965

35.9
36.1
34.0
33.2
33.3

23.6
24.1
24.1
24.4
25.2

32.0
33.6
34.0
32.8
33.6

5.7
7.5
7.2
6.8
6.5

5.6
5.8
5.9
6.0
6.2

6.6
6.7
6.3
6.6
6.2

109.5
113.9
111.5
109.8
110.9

1961
1962
1963
1964
1965

210.2
215.3
216.3
222.4
227.7

139.8
144.5
155.0
164.4
166.1

188.0
200.7
216.8
220.0
223.5

33.7
44.9
46.1
45.9
44.3

33.1
34.4
37.6
40.6
41.7

38.7
40.1
39.9
44.6
44.8

643.5
679.9
711.7
737.8
748.1

1961
1962
1963
1964
1965

57.7
60.6
57.7
55.1
57.3

79.9
83.9
90.7
95.1
95.2

99.7
121.1
127.0
131.3
127.6

23.7
21.8
39.7
38.2
40.8

30.5
35.3
30.9
26.9
27.5

24.1
25.6
24.0
25.9
24.6

315.7
375.4
370.0
372.5
372.9

1961
1962
1963
1964
1965

296.4
312.2
311.0
341.3
358.0

374.6
390.9
431.7
499.8
527.9

443.9
532.5
572.5
607.8
619.9

111.1
206.7
174.6
184.6
172.1

144.7
164.3
148.4
155.8
146.6

106.3
112.7
108.3
123.4
-134.9

1,476.9
1,719.3
1,746.4
1,912.7
. 1,959.5

‘

,

DEPT. OF DEFENSE AND NASA PRIME CONTRACT AWARDS. 1965

MILITARY AND CIVILIAN PAYROLLS. 1965

DEPARTMENT OF DEFENSE AND NASA PRIME CONTRACT AWARDS
FISCAL YEARS, 1961-65
(Mil lions of Dollars)
Alabama

Florida

Georgia

Louisiana

Mi ssi ssippi

T ennessee

United States

-

Department
of Defense

1961
1962
1963
1964
1965

Six States

95.6
154.4
195.0
190.7
165.2

492.7
645.5
583.2
782.6
633.3

300.5
337.5
423.3
520.2
662.4

139.3
244.0
195.3
181.4
255.8

69.4
100.2
186.0
155.9
152.2

144.1
183.8
183.5
193.6
197.3

1,251.5
1,665.4
1,766.4
2,024.3
2,066.2

22,638.1
25,795.7
25,233.2
24,417.1
23,268.1

37.1
81.3
97.1
146.4
236.9

5.1
50.9
92.4
141.6
181.6

2.9
3.4
6.0
6.4
7.4

0.1
18.5
185.3
286.3
355.3

—
0.1
0.1
0.6
4.3

0.9
2.2
2.3
2.5
1.8

46.1
156.3
383.1
583.7
787.4

380.2
939.1
2,181.4
3,490.2
4,103.4

NASA

1961
1962
1963
1964
1965

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

11

Trade and Commerce
Alabama

1958
Retail Trade
Establishments •
Employees and proprietors
Sales ($ Millions)

1963

26,893 29,065
132,291 137,862
2,567
3,253

Wholesale Trade
Establishments
Employees and proprietors
Sales ($ Millions)

3,393
36,379
2,853

3,935
40,440
3,395

Selected Services
Establishments
Employees and proprietors
Receipts ($ Millions)

11,534
44,539
256

13,752
50,900
363

Commercial Banking
Total loans ($ Millions)
Total deposits ($ Millions)
Time deposits ($ Millions)

808
1,951
541

1,309
2,557
920

301
62
239
93
146
56
90

371
129
242
97
145
67
78

Total Number
Banking offices
Branches
Banks
Member
Nonmember
Par
Nonpar

Digitized for
12 FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Georgia

Florida
1958

1963

1958

Louisiana

1963

1958

Mississippi

1963

49,547 53,293 35,452 36,987 29,260 24,609
285,829 309,720 185,202 190,652 152,206 141,993
4,570
5,840
2,940
7,610
3,528
3,391

7,232
83,895
5,512

1958

1963

18,475
80,346
1,482

19,167
80,721
1,914

Tennessee
1958

1963

32,925 33,226
169,967 170,672
3,199
4,009

8,896
95,735
7,487

5,445
61,291
5,741

6,530
75,275
8,100

4,501
49,076
4,075

4,852
50,599
4,598

2,264
17,642
1,389

2,544
21,347
1,787

4,490
53,159
5,153

5,100
60,479
6,677

32,561 39,491
137,100 165,996
1,027
1,492

15,858
67,461
432

19,625
77,637
634

13,675
56,569
387

12,722
60,345
476

7,198
26,353
146

9,056
29,737
201

15,053
64,185
402

18,853
77,098
585

2,826
6,030
2,184

1,249
2,718
669

2,065
3,608
1,142

1,084
2,803
6,611

1,629
3,459
1,017

467
1,232
296

828
1,679
539

1,389
3,051
969

2,306
4,192
1,675

395
16
379
171
208
169
39

486
76
410
65
345
69
276

583
160
423
70
353
82
271

342
156
186
52
134
27
107

419
220
199
55
144
40
104

318
124
194
35
159
18
141

371
177
194
36
158
24
134

479
183
296
83
213
131
82

565
272
293
82
211
141
70

1,708
4,498
1,205

284
13
271
115
156
112
44

Types of Farming Areas

and

Principal Crops

TYPES OF FARMING AREAS

PRINCIPAL CROPS

Primarily oranges, grapefruit; also vegetables, beef cattle.
Vegetables; also dairying.
Vegetables, some cattle on muckland.
Livestock, dairying, general farming, small grains, tobacco.
Livestock, dairying, general farming.
Small general farms, patches of tobacco.
Forest products, turpentine, truck crops, cotton.
Woodland products, cotton, grazing of livestock.
Cotton (small farms, intense cultivation).
Cotton, some livestock (heavy clay soils, small farms).
Cotton; some peanuts, peaches, truck crops, pecans.
Livestock, cotton, tobacco, hogs, peanuts; some timber, truckcrops, melons.
Shifting from cotton to livestock--both beef and dairy (heavyclay soils).
Cotton, livestock.
Cotton, corn, livestock, general farming (fertile limestone valleys, highly mechanized
farms).
16. Rice............................................... Rice, cotton, range livestock, some woodland grazing.
17. Sugarcane...................................... Sugarcane; some cotton, soybeans, sweet potatoes, cattle.
18. Peanut........................................... Peanuts, cotton, corn, hogs.

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.

Citrus.............................................
Gulf Truck....................................
Winter Truck..................................
Highland Rim ...............................
Central Basin...............................
Appalachian..................................
Flatwoods......................................
Alabama-Mississippi Timber.....
Sand Mountain...............................
Piedmont.......................................
Upper Coastal Plain....................
Lower Coastal Plain....................
Blackbelt ......................................
Silt Loam.......................................
Limestone......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

13

SELECTED AGRICULTURAL STATISTICS,
Farm Population

Approximate Land Acreage

Percent of Land in Farms

Type of Farming Area
1950

1960

1959

1964—z

1959

1964

72,083

39,849

12,433,920

12,433,920

60.7

65.2

102,984

38,812

7,358,720

7,358,720

21.7

21.6

3. Winter Truck

21,395

8,248

8,624,640

8,624,640

32.4

. 32.9

4. Highland Rim

150,686

83,649

5,468,160

5,424,640

54.3

52.3

5. Central Basin

192,220

119,036

4,805,120

4,795,520

79.2

75.8

6. Appalachian

384,991

193,648

10,274,560

10,128,640

42.5

40.1

65,316

30,078

8,900,480

8,900,480

32.5

31.7

8. Alabama-Mississippi Timber

307,494

139,416

11,724,800

11,724,800

47.4

44.7

9. Sand Mountain

123,632

63,458

2,103,680

2,103,680

58.0

52.5

10. Piedmont

405,502

132,549

13,347,200

13,347,200

47.5

42.4

11. Upper Coastal Plain

316,215

121,947

12,165,120

12,165,120

50.6

44.5

12. Lower Coastal Plain

275,762

136,127

15,729,280

15,729,280

45.5

41.4

13. Blackbelt

150,930

66,113

5,068,160

5,068,160

70.3

67.5

14. Silt Loam

186,774

79,728

6,727,680

6,727,680

61.1

59.3

15. Limestone

326,470

143,611

9,449,600

9,444,480

49.1

44.8

75,048

33,205

6,222,720

6,222,720

39.1

41.6

17. Sugarcane

163,280

75,012

6,208,640

6,208,640

36.9

37.2

18. Peanut

329,088

158,627

11,662,080

11,662,080

67.2

61.5

3,649,870

1,663,113

158,274,560

158,070,400

48.8

46.5

1. Citrus
2. Gulf Truck

7. Flatwoods

16. Rice

Sixth District

7/ Reduced total reflects conversion of land acreages into lakes in Tennessee.

Total includes income from hunting, fishing, and other recreational services.
Digitized-2/
for FRASER
14
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

BY TYPE OF FARMING AREA
Number of Farms

Value of Products Sold by Source

Average Farm Acreage

All Crops

1959

1964

1959

22,837

20,644

330.8

392.6

15,973

14,129

99.8

4,057

3,854

23,944

1964

1959

(Thousands of Dollars)

Livestock and Products

All Farm Products
1964^

1964

1959

1964

356,109

456,721

84,173

130,952

440,282

588,182

112.4

24,129

33,911

31,730

46,761

55,859

80,734

689.1

735.5

113,309

204,321

49,191

39,765

162,501

244,413

21,003

123.9

135.2

27,153

31,026

37,939

39,619

65,092

70,988

33,297

29,177

114.3

124.5

28,396

34,026

69,475

66,498

97,871

100,577

56,136

48,787

77.7

83.3

46,899

53,059

91,001

119,603

137,<899

172,951

9,708

8,467

297.6

333.4

28,014

34,309

29,111

34,095

57,125

68,472

45,390

39,368

122.4

133.2

29,622

38,084

92,431

133,998

122,053

172,136

16,147

13,473

75.6

82.0

29,170

30,937

43,379

79,750

72,549

110,854

43,805

34,788

144.7

162.8

46,685

38,657

150,785

225,394

197,470

264,491

33,981

26,090

181.0

207.5

62,760

83,080

70,694

89,326

133,454

172,503

34,467

28,925

207.5

225.0

118,002

161,407

69,303

83,981

187,305

245,574

17,570

14,462

202.9

236.6

20,024

26,928

42,179

37,377

62,203

64,395

23,412

18,797

175.6

212.2

38,732

56,593

40,690

40,025

79,422

96,674

38,724

31,074

119.9

136.2

73,873

82,049

84,897

120,290

158,770

202,430

12,617

11,020

193.0

234.8

58,531

79,816

22,243

18,948

80,774

98,794

20,286

16,766

112.8

137.9

67,485

85,924

18,848

17,951

86,333

103,988

37,101

27,238

211.2

263.4

132,382

195,459

75,630

87,505

208,012

283,179

489,452

408,062

157.9

180.2

1,301,277

1,726,521

1,103,698

1,411,838

2,404,975

3,141,335


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1959

15

SELECTED AGRICULTURAL STATISTICS,
Farm Population

Approximate Land Acreage

Percent of Land in Farms

Trade and Banking Area
1950

Alabama

1960

1959

196417

32,678,000

1959

1964

960,493

402,855

32,678,000

46.6

23,909
130,399
45,049
53,970
73,372

1,868,800
10,648,960
3,130,240
7,975,680
5,827,200

1,868,800
10,648,960
3,130,240
7,975,680
5,827,200

50.6

61,466
341,880
93,165
143,079
175,071

43.0
41.4
65.8
38.5
67.7

37.9
37.5
59.0
37.4
63.0

232,806

105,440

34,721,280

34,721,280

43.9

44.4

71,402
16,793
29,679
69,249
45,683

32,945
7,326
15,240
25,955
23,974

8,785,920
7,616,640
6,031,360
6,041,600
6,245,760

8,785,920
7,616,640
6,031,360
6,041,600
6,245,760

39.7
33.3
55.8
24.4
69.9

38.5
36.5
56.3
22.2
72.2

962,435

407,268

37,296,000

37,296,000

52.7

48.0

358,543
103,826
46,619
195,062
59,232
206,000

116,406
42,415
16,101
93,804
30,633
111,809

10,590,720
3,894,400
2,319,360
8,072,320
4,284,160
8,615,680

10,590,720
3,894,400
2,319,360
8,072,320
4,284,160
8,615,680

46.2
56.8
45.7
61.7
39.5
59.8

41.7
49.3
39.9
55.1
35.6
57.3

567,455

233,101

28,868,000

28,868,000

36.1

36,288
19,526
62,505
21,053

5,977,600
2,625,920
5,067,520
4,048,640

5,977,600
2,625,920
5,067,520
4,048,640

35.8

79,879
62,520
124,583
59,100
1,097,207

542,836

30,223,000

30,223,000

170,262
209,670
63,329

75,420
103,234
25,089

6,850,560
5,587,840
3,099,520

6,850,560
5,587,840
3,099,520

45.4
65.9
54.3

45.2
62.5
53.9

1,016,204

586,744

26,728,000

26,478,000

57.7

168,472
179,189
415,823
100,294

77,912
90,954
243,181
64,644

5,332,480
4,456,320
11,550,080
1,729,280

5,287,040
4,375,040
11,502,080
1,699,840

60.2

Chattanooga
Knoxville
Nashville
Tri-Cities
Six-State Total

4,836,600

2,278,244

190,514,280

190,264,280

Anniston-Gadsden
Birmingham
Dothan
Mobile
Montgomery
Florida

Jacksonville
Miami
Orlando
Pensacola
Tampa-St. Petersburg
Georgia

Atlanta
Augusta
Columbus
Macon
Savannah
South Georgia
Louisiana

Alexandria-Lake Charles
Baton Rouge
Lafayette-Iberia-Houma
New Orleans
Mississippi

Hattiesburg-Laurel-Meridian
Jackson
Natchez
Tennessee

J/ Reduced total reflects conversion of land acreages into lakes in Tennessee.

Digitized
FRASER
2/for
Total
includes income from hunting, fishing, crtd other recreational services.
https://fraser.stlouisfed.org
16
Federal
Reserve Bank of St. Louis

36.1
43.5
39.2
19.7

38.8
42.8
39.4
20.3

61.6

58.7

44.8
44.0
67.4
61.1

41.5
41.5
64.5
58.8

50.6

48.3

BY TRADE AND BANKING AREA
Humber of Farms

Value of Products Sold by Source

Average Farm Acreage

All Crops

(Thousands of Dollars)

Livestock and Products
1959
1964

All Farm Products
1959
19641/

1959

1964

92,530
5,729
32,126
9,201
15,326
16,309

142.9
112.9
114.4
170.1
166.7
190.0

164.5
123.7
124.2
200.7
194.6
225.2

193,980
10,087
55,512
26,614
27,815
28,127

243,298
10,947
66,089
37,461
40,348
37,030

220,283
14,052
86,751
17,210
24,558
47,094

293,283
23;014
138,206
20,858
22,273
49,012

414,263
24,139
142,263
43,823
52,372
75,221

537,080
33,979
204,390
58,361
62,708
86,111

45,100
9,734
3,786
11,692
8,239
11,649

40,541
8,975
3,454
9,379
7,148
11,585

337.8
358.7
670.6
287.8
179.1
374.7

380.1
377.1
804.3
362.0
187.9
389.1

519,230
37,780
119,871
159,973
15,422
186,185

727,450
52,839
229,573
199,388
24,729
220,921

181,246
38,368
48,622
29,082
19,074
46,099

225,129
58,374
47,396
36,861
19.434
63,064

700,476
76,149
168,493
189,055
34,496
232,284

953,514
111,327
277,262
236,449
44,199
284,277

106,350
38.695
10,540
5,370
20,384
7,870
24,365

83,366
31,491
7,863
3,886
14,870
6,182
19,220

184.8
126.5
209.8
197.4
244.3
214.9
211.4

214.6
140.1
244.0
237.9
298.9
246.8
257.0

281,281
'38,861
24,704
5,417
78,685
25,513
110,019

367,423
30,800
28,102
6,454
117,937
31,052
156,618

326,036
165,770
24,397
9,881
51,892
15,910
54,267

457,928
259,099
34,267
9,027
65,936
18,614
61,837

607,317
204,631
49.101
15,298
130,577
41,423
164,286

826,280
290,454
62,399
15,531
184,021
49,713
218,581

74,438
13,651
7,952
16,072
8,413

62,466
11,744
7,363
13,242
7,122

139.0
157.9
143.7
123.6
94.9

166.7
197.4
152.6
150.8
115.2

216,352
44,185
12,000
68,026
12,369

282,428
60,099
15,932
87,539
14,723

118,555
21,207
14,676
15,307
17,727

124,006
18,359
19,983
14,121
27,502

334,908
65,392
26,676
83,333
30,097

406,834
78,501
351,944
101,734
42,262

138,142
25,454
29,383
7,351

109,141
22,277
24,518
5,918

134.9
122.1
125.4
229.2

162.6
130.8
142.5
282.2

356,799
16,373
31,501
16,148

477,800
19,651
44,417
24,266

208,701
44,624
65,855
14,196

247,884
61,456
91,637
12,272

565,501
60,997
97,356
30,344

724,860
81,133
136,088
36,567

157,688
22.235
25,570
66,283
17,794

133,445
17,911
22,364
57,019
15.840

102.0
107.4
76.6
117.5
59.4

114.4
122.5
81.3
130.1
63.1

244,633
26,681
22,225
83,214
17,969

283,045
27,666
24,802
96,179
20,962

229,923
50,955
31,047
116,752
18,325

245,982
68,309
33,344
115,082
22,498

474,557
77,636
53,272
199,967
36,294

529,448
96,206
58,182
211,456
43,498

637,506

521,489

151.4

176.3

1,812,275

2,381,444

1,284,744

1,594,212

3,097,022

3,978,016

1959

1964

115,788
7,125
38,580
12,109
18,404
20,752


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1959

1964

17

SOURCES OF TOTAL CASH RECEIPTS FROM FARM MARKETINGS, 1965
Relative Importance of Crops and Livestock

Distribution of Total, by State

(Thousands of Dollars)

Total

Total Livestock

Cattle and calves
Hogs
Dairy products
Poultry and eggs
Other
Total Crops

Citrus
Corn
Cotton
Peaches
Peanuts
Pecans
Potatoes
Rice
Soybeans
Strawberries
Sugarcane
Sweet potatoes
Tobacco
Vegetables
Wheat
Forest products
Greenhouse and nursery
Other

Digitized
18 for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Alabama

Florida

Georgia

Louisiana

Mississippi

Tennessee

Six States

660,640

979,494

945,531

484,823

812,498

622,796

4,505,782

401,905

238,163

520,662

180,087

332,942

319,007

1,992,766

93,073
41,718
46,776
219,172
1,166

80.137
14,196
86,338
54,363
3,129

66,790
61,209
55,571
335,453
1,639

88,556
4,163
52,120
34,426
822

100,155
19,456
50,000
162,524
807

111,213
65,477
89,520
50,251
2,546

539,924
206,219
380,325
856,189
10,109

258,735

741,331

424,869

304,736

479,556

303,789

2,513,016

_
19,221
136,468
2,524
29,599
6,422
9,991
—
9,761
386
—
1,371
495
11,373
1,441
14,140
11,640
3,903

321,804
7,585
2,374
—
9,265
419
25,112
—
4,560
7,705
47,673
• 349
27.476
201,948
648
7,215
71,097
6.101

__
44,317
88,831
6,867
101,338
11,830
129
—
7,360
—
—
5,059
79,041
23,831
1,892
34,320
9,542
10,512

52
2,190
92,047
211
—
2,349
543
88,156
31,385
3,356
52,458
9,709
192
6,395
1,236
4,030
5,355
5,072

_
6,234
351,388
609
419
2,706
335
9,101
75,037
—
—
4,541
—
4,579
5,181
10,464
3,033
5,929

_14,917
109,556
490
—
—
1,345
—
39,244
1,727
—
972
89,571
11,073
4,085
8,360
14,214
8,235

321,856
94,464
780,664
10,701
140,621
23,726
37,455
97,257
167,347
13,174
100,131
22,001
196,775
259,199
14,483
78,529
114,881

39,752


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Federal Reserve Bank of St. Louis

ALABAMA

TRADE AND RANKING AREAS
THE ANNISTON-GADSDEN AREA, predominantly
an industrial region, leads the state in percentage of
manufacturing employment. Primary metals and textiles
provide over one-half of the manufacturing jobs. The
economy of Gadsden is based principally on steel pro­
duction, the main manufacturing employer. Anniston is
the textile industry center, producing cotton cloth, mens
clothing, yarn, hosiery, and other goods. A number of
foundries for making cast iron pipe are also located in
Anniston. Agriculture is devoted mainly to cotton pro­
duction, which provides textile mills in the region with
needed materials. The area’s farms are operated parttime. Poultry and eggs account for about one-half the
agricultural income.

DOTHAN has the greatest percentage of
agricultural employment in the state. The to­
pography and soil in this area are particularly
well-suited for peantft production, the main
source of agricultural income. Cotton and live­
stock production are commonly combined with
peanuts to give this area the agricultural di­
versification necessary to make general farms
the most prevalent.
Dothan, in addition to
serving as a retail and wholesale center and
marketplace for much of the farm produce, also
has a number of cotton textile, peanut, and
cottonseed oil mills. The lumber and forest
products industry is growing and accounts for
close to one-fifth of all manufacturing employ­
ment.
Digitized 20
for FRASER
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Federal Reserve Bank of St. Louis

BIRMINGHAM is the hub of Alabama’s largest industry, iron and
steel. Immediately surrounding Jefferson County are large deposits of iron,
limestone, and coal, including good coking coal. Closely linked with steel­
making is a processing industry, which turns out pipe, railroad cars, struc­
tural steel, and nuts and bolts. Chemicals, utilizing the by-products of the
iron and steel coking process, are also an important source of manufacturing
employment. Many of the farms in the area are operated part-time, with a
large percentage of farmers earning their primary livelihood in nonfarm em­
ployment. Cotton is the most prevalent commercial farm commodity, but the
income derived from truck crops, milk, and poultry and eggs far exceeds that
of cotton.

MOBILE possesses a varied economy, with public administration, manu­
facturing, seaport activities, and trade each being important. Manufacturing is
closely linked with port activities through a large network of ocean ship lines
and intracoastal barge lines, making Mobile the major ocean port in this territory.
Wood and paper products, ships, apparel, and chemicals account for over one-half
of the area’s manufacturing employment. Major items of commerce are petroleum,
coal, bauxite, lumber, rubber, and food products. Growing increasingly more
important in recent years has been the chemical industry. The rural part of this
region supports a number of small residential and part-time farms, with livestock,
cotton, soybeans, and truck and horticultural products being the major sources of
agricultural income. The mild winter climate, floral gardens, and points of
historical interest attract many tourists to the area.

THE MONTGOMERY AREA h as a well-balanced econo­
my. Agriculture, based on one of the most productive farming
regions in the state, is highly diversified. Beef and dairy
products, poultry and eggs, and cotton are major sources of
income. Manufacturing includes lumber and wood products, food
products, textiles, and apparel.
The largest percentage of
employment in the city of Montgomery, the center of commerce
for the area, is in wholesale and retail trade. State and Federal
Governments also provide a major source of employment, a large
part of which is centered at Maxwell Air Force Base.


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Federal Reserve Bank of St. Louis

Alabama
Trade and Banking Areas

J Standard Metropolitan Statistical

Areas

1. Birmingham (Jefferson)
2. Gadsden (Etowah)
3. Mobile (Baldwin, Mobile)
4. Montgomery (Elmore, Montgomery)

5. Tuscaloosa (Tuscaloosa)

21

CIVILIAN EMPLOYMENT IN ALABAMA, 1960
Major Components

Percent

Percent

Public

Construction}-:

60

Administration

— 60

Agriculture

• •••••
• •••••(
• •••••

f.1/.*.1.1 J.1'.1 ..............

• •••••<
40

OS®:;

20

— 20

’Manufacturing

ANNISTON-GADSDEN

— 40

MONTGOMERY

MOBILE

DOTHAN

BIRMINGHAM

ALABAMA

Percentage Distribution
Anniston-Gadsden
Gadsden
Area

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public
utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational services
Public administration
Other
NOTE:

SMSA

Dothan

Birmingham
Birmingham

Houston

T uscaloosa

Area

SMSA

SMSA

Area

County

Montgomery

Mobile

Area

SMSA

Montgomery
Area

Alabama

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

6.1
6.7
35.3
17.7
17.6

3.8
6.3
36.2
20.8
15.4

6.9
6.7
27.8
17.1
10.7

0.7
5.4
27.3
21.2
6.1

4.9
6.2
23.0
9.5
13.5

18.3
6.4
25.1
9.2
15.9

15.1
6.6
17.8
6.5
11.3

7.5
6.7
23.7
11.4
12.3

3.0
7.0
17.8
6.4
11.4

14.7
6.0
19.2
7.2
12.0

5.9
7.2
14.2
5.3
8.9

26.5

5.0
16.0
2.4
4.8
7.0
16.7

5.9
18.3
2.9
4.4
3.9
18.3

6.7
17.9
3.5
5.2
3.4
21.9

7.8
20.4
5.2
4.5
3.5
25.2

4.9
17.6
2.5
10.2
3.1
27.6

4.4
16.2
2.2
4.6
4.5
18.3

6.2
20.4
3.1
4.2
4.4
22.2

6.7
17.3
2.9
4.4
10.5
20.3

8.4
19.4
3.7
4.2
14.8
21.7

4.8
16.4
3.0
5.7
6.9
23.3

6.1
20.0
4.4
5.5
11.0
25.7

5.9
17.0
3.0
5.1
5.5
20.7

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 21.


https://fraser.stlouisfed.org
22
Federal Reserve Bank of St. Louis

Mobile

Huntsville SMSA

100.0

9.6
6.7

13.7

12.8

is included in the Nashville Trade and Banking Area on page

MANUFACTURING EMPLOYMENT IN ALABAMA, 1960
Major Components

Percent

Percent

60

60
• Transportation**
• • Equipment****
• •***«•*

Fabricated Metals
40

40

20

20

0

0
ANNISTON-GADSDEN

BIRMINGHAM

DOTHAN

MONTGOMERY

MOBILE

ALABAMA

Percentage Distribution
Birmingham

Anniston-Gadsden

Dothan

Mobile

Montgomery
Alabama

Total

Furn., lumber,& wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables
^OTE:

Huntsvi 11 e

SMSA

Birmingham

Tuscaloosa

Area

Gadsden
SMSA

Area

SMSA

SMSA

100.0

100.0

100.0

100.0

7.4
29.1
5.4
0.7
5.6
0.1
0.4
1.6
4.7
22.6
6.4
2.1
1.1
12.8

4.2
44.1
2.9
0.8
3.1
0.1
0.4
1.8
5.5
5.8
1.1
2.0
0.4
27.8

9.8
28.3
9.0
2.2
2.4
0.8
4.0
5.0
9.5
8.4
6.5
3.5
4.2
6.4

3.0
45.8
10.9
2.9
2.1
0.9
6.4
5.8
9.8
0.8
1.8
5.1
2.4
2.3

Mobi le

Montgomery

Area

Houston
County

Area

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

13.9
21.4
2.0
0.5
1.3
0.1
0.6
1.5
9.1
0.7
1.9
3.9
5.2
37.9

17.7
0.2
1.0
0.9
0.4
5.1
7.9
3.6
10.6
17.4
28.6
2.4
1.8
2.4

13.2
0.5
1.1
1.1
0.2
1.0
6.8
12.6
22.5
6.9
19.4
5.8
2.7
6.2

25.3
0.8
0.9
1.1
0.4
0.6
15.8
3.1
7.9
2.8
9.6
2.6
7.1
22.0

10.8
1.4
1.5
1.9
0.6
0.2
15.3
4.2
12.6
0.8
3.5
4.3
9.7
33.2

21.4
2.5
2.2
3.8
0.9
1.4
0.7
4.6
15.8
- 26.2
10.1
4.4
2.6
3.4

14.6
0.9
3.0
4.7
2.2
2.0
0.7
9.5
24.3
18.3
2.3
9.8
5.5
2.2

13.6
16.5
8.4
2.0
2.1
0.9
4.2
3.9
9.1
15.9
8.3
3.1
3.9
8.1

included in the N ashvi I le Trade ard Banking Area on page 73.


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Federal Reserve Bank of St. Louis

23

POPULATION

INCOME PER RECIPIENT, 1959

Percent
160

_1940=100

Mobile

By Area

140

AnnistonGadsden
ALABAMA
^Birmingham

Montgomery
Dothan
1940

1950

1960

120

1000

100

Anniston- B’ham
Gadsden

1965

Dothan

Mobil e

——V
Montg. ALABAMA

POPULATION AND INCOME, ALABAMA
Population (Thou sands)

Demographic Characteristics
Percent of

Population
Nonwhite
1950

I960

1965

Income
Aggregate Income

Labor Force

(Thousands)

1960

1960

No. of Income
Reci pient s_l/

Average Income

(Thousands)

(Dollars)

1959

1959

1959

(Millions of
Do 11 ar s)

Per Recipient

3,062

3,267

3,462

30.1

1,153

4,070

1,505

2,704

225
94

240
97

250
99

16.8
15.5

86
33

301
129

111
43

2,720
3,034

1,299
559
94

1,359
635
109

1,417
675
117

26.1
34.6
28.7

472
232
37

1,822
1,046
137

629
299
52

2,897
3,500
2,617

Dothan Area
Houston County

212
47

210
51

217
53

26.1
27.4

79
20

213
59

101
24

2,101
2,417

Mobile Area
Mobile SMSA

520
272

617
363

678
412

36.8
33.7

212
131

683
462

267
159

2,556
2,989

Montgomery Area
Montgomery SMSA

465
171

468
200

484
216

47.4
34.0

168
77

520
294

221
97

2,351
2,640

Alabama
Anniston-Gadsden Area
Gadsden SMSA

Birmingham Area
Birmingham SMSA
Tuscaloosa SMSA

J/ Persons 14 years old and over who reported money income during 1959.
NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 21.

Digitized 24
for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Huntsville SMSA included in the Nashville Trade and Banking Area on page 7<


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Federal Reserve Bank of St. Louis

ALABAMA’S STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $904

TOTAL EXPENDITURE $932

Health and Hospitals
$58 (6.2%)

Police and Fire
Protection
$35 (3.8%)
Sanitation
$19 (2%)

Recreation
$9 (1%)

25

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, ALADAMA v
(Millions of Dollars)
Deposits
1960

1965

1950

1960

1,175

2,121

2,924

399

985

83
34

147
57

188
70

31
12

585
395
39

954
634
56

1,289
841
72

75
27

136
49

Mobile Area
Mobile SMSA

164
104

Montgomery Area
Montgomery SMSA

184
99

Anniston-Gadsden Area
Gadsden SMSA

Birmingham Area
Birmingham SMSA
Tuscaloosa SMSA
Dothan Area
Houston County

Investments

Loans

1950

State Total

(Number)

1965

Banks

1950

1960

1965

1950

1960

1965

1,606

521

843

1,070

222

238

258

70
25

95
37

37
14

61
23

70
29

21
7

22
7

22
7

187
130
14

444
312
31

705
465
45

266
182
18

351
208
21

440
265
24

76
8
2

78
7
2

85
9
2

187
60

24
8

54
21

94
31

32
13

65
22

83
26

26
6

31
7

32
7

412
288

577
398

60
39

209
161

319
230

72
46

155
95

218
139

41
8

42
10

45
11

321
180

430
236

65
35

144
83

247
143

8449

146
79

163
81

35
6

41
8

42
9

2/ J 950 and 1960 data are December figures; 7965 data, June figures.

NOTE:
page 76.

Digitized 26
for FRASER
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Federal Reserve Bank of St. Louis

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 21.

Huntsvi I le SMSA included in the Nashvilie Trade and Banking Area o

TRADE AND SERVICES, ALADAMA
Wholesale Trade

Retail Trade

Anniston-Gadsden Area
1958
1963
Gadsden SMSA
1958
1963
Birmingham Area
1958
1963
Birmingham SMSA
1958
1963
Tuscaloosa SMSA
1958
1963

Dothan Area
1958
1963
Houston County
1958
1963

Mobile Area
1958
1963
Mobile SMSA
1958
1963
Montgomery Area
1958
1963
Montgomery SMSA
1958
1963

Selected Services

Establish­
ments

Employment-!/

Sales
($ Millions)

Establish­
ments

Employment!/

Sales
($ MiIlions)

Establish­
ments

1,977
2,204

9,398
9,414

181
223

200
220

1,574
1,765

88
125

949
1,098

2,870
3,200

14
20

823
906

4,107
4,168

81
98

91
97

663
703

31
42

446
480

1,273
1,418

6
8

11,743
11,964

59,555
58,692

1,158
1,400

1,563
1,735

19,293
20,100

1,735
1,954

5,039
5,701

26,253
21,823

120
159

5,097
4,764

34,045
31,573

659
769

979
1,074

14,946
15,167

1,449
1,595

2,675
2,738

12,398
13,232

81
105

735
831

4,420
4,809

83
106

80
85

934
1,028

47
58

352
384

1,736
1,741

9
12

2,049
2,357

8,279
8,863

158
201

255
282

1,993
2,249

131
145

813
1,000

2,580
3,118

14
21

530
655

2,826
3,214

56
73

105
114

988
1,003

55
59

243
318

937
1,087

6
9

4,758
5,244

24,639
26,136

493
613

636
776

6,708
7,928

438
531

2,154
2,774

8,568
9,514

51
68

2,626
2,908

16,451
17,438

338
417

444
525

5,448
5,962

345
428

1,463
1,832

6,576
7,140

40
52

3,616
3,991

18,122
19,211

330
430

483
549

4,845
5,369

337
428

1,486
1,664

6,269
6,664

34
47

1,467
1,612

9,632
10.308

182
238

272
308

3,427
3,876

240
317

780
863

4,005
4,305

24
33

Employment!/

Sales
($ Mi Ilions)

-!/ Includes employees and proprietors.


NOTE: Huntsvi I le SMSA included in the Nashvi II e Trade and Banking Area on page 77.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

27

Alabama

SELECTED
AGRICULTURAL
STATISTICS

Type of Farming Area
Limestone

Sand
Mountain

Upper
Coastal
Plain

Piedmont

Alabama
Blackbelt Mississippi
Timber

Gulf
Truck

Peanut

Alabama

Farm population

1950
1960

210,262
95,165

123,632
63,458

183,263
64,893

68,930
20,379

150,930
66,113

31,685
9,603

31,426
12,442

160,365
70,802

960,493
402,855

Approximate land acreage (Thousands)

1959
1964

6,115
6,115

2,104
2,104

6,460
6,460

2,769
2,769

5,068
5,068

2,066
2,066

2,443
2,443

5,653
5,653

32,678
32,678

Percent of land in farms

1959
1964

47.5
43.3

58.0
52.5

45.1
40.6

41.7
36.9

70.3
67.5

34.1
32.4

26.9
26.9

60.5
54.5

50.6
46.6

Number of farms

1959
1964

24,683
19,338

16,147
13,473

20,656
16,397

7,912
6,163

17,570
14,462

4,116
3,128

4,609
4,212

20,095
15,357

115,788
92,530

Average farm acreage

1959
1964

117.6
137.0

75.6
82.0

141.1
160.0

146.0
165.6

202.9
236.6

170.9
213.8

142.8
156.0

170.3
200.5

142.9
164.5

Value of products sold by source ($ Th ousands)
1959
All crops
1964
1959
Livestock and products
1964

58,556
68,313
39,480
57,770

29,170
30,937
43,379
79,750

23,678
30,706
41,569
51,832

6,324
6,934
14,762
21,341

20,024
26,928
42,179
37,377

2,427
3,210
2,591
2,374

15,332
24,307
8,909
9,326

38,469
51,963
27,414
33,513

193,980
243,298
220,283
293,283

98,037
126,136

72,549
110,854

65,247
82,598

21,087
28,298

62,203
64,395

5,019
5,604

24,240
33,652

65,883
85,543

414,263
537,080

All farm products

1959
1964^/

_!/ Total includes income from hunting, fishing, and other recreational services.


28
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Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

FLORIDA

TRADE AND RANKING AREAS
JACKSONVILLE is the leading
port on the Atlantic Coast south of
Norfolk and Florida’s leading port in
foreign trade. The Federal Government
employs many workers in and around
Jacksonville in connection with the
naval air station there. Forest products
from the 21 counties in this trade and
banking area provide raw materials for
furniture, lumber, and wood products, the
chief manufacturing employer.
Other
major manufactured items include food
products and ships. Livestock, tobacco,
and truck crops are main sources of cash
receipts to farmers. Containing both the
University of Florida and Florida State
University, this area is the state’s most
important center of higher education.

Sunshine and sand are raw ma­
terials for the resort industry which is
primary in the economy of the MIAMI
AREA. Nearly half the people employed
work in services or wholesale and retail
trade. Processing of food and kindred
products is the largest manufacturing
employer. Population growth, although
more moderate in recent years, has been
phenomenal; the growth rate of Fort
Lauderdale-Hollywood averaged about
30 percent per year from 1950 to 1960.
Nearly a third of all Floridians now live
within the boundaries of the Standard
Metropolitan Statistical Areas of West
Palm Beach, Fort Lauderdale-Hollywood,
and Miami. Though of relatively minor
importance as a source of income, dairy
foods and truck crops are produced for
the local area, and winter truck crops
are sent to northern cities.

The economy of the PENSACOLA AREA depends heavily
upon military installations such as the Pensacola Naval Air Station
and Eglin and Tyndall Air Force Bases. Government is the area’s
most important source of income and employment. Abundant pure
water found here has attracted firms making nylon and acrylic
fibers.
Other major manufactured items are chemicals, paper
products, lumber, and food products. Farm income is derived main­
ly from livestock and tobacco. Beaches along the Gulf Coast,
traditionally used by area residents and tourists from other Southern
states, now attract patrons from other areas.
Digitized30
for FRASER
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Federal Reserve Bank of St. Louis

ORLANDO, centered amidst lakes
and citrus groves, is Florida’s largest
inland city. This area has long been
attractive to both tourists and retirees.
Citrus crops and tourism, two traditional
income producers in Florida, contribute
greatly to the area’s economy. Super­
imposed upon this economic base is the
area’s valuable link with space -- Cape
Kennedy.
Because of the space pro­
grams, Brevard County has become
Florida’s latest boom area. The making
of electrical machinery equipment has
been added to manufacturing employment,
which is generally dominated by the
packing, canning, and shipping of citrus
crops.

THE TAMPA-ST. PETERSBURG AREA is a famous haven
for retirees; Pinellas County (St. Petersburg) has a high percentage
of population 65 and over. Tampa is Florida’s “industrial” city and
largest port, based on freight tonnage. Although the traditional cigar­
making industry retains its importance to the area’s economy, suc­
cessful promotion of industrial parks has developed a quite diversi­
fied manufacturing employment. Canned citrus, shrimp, and beverages
are major products of an important food processing industry. Outside
the cities, citrus growing and phosphate mining contribute to the
area’s balanced economy.

Florida
PENSACOLA

■■■

Trade and Banking Areas

Standard Metropolitan Statistical Areas
1. Ft. Lauderdale — Hollywood (Broward)
Jacksonville (Duval)
3. Miami (Dade)
4. Orlando (Orange, Seminole)
5. Pensacola (Escambia, Santa Rosa)
6. Tallahassee (Leon)
7. Tampa - St. Petersburg (Hillsborough, Pine
8. West Palm Beach (Palm Beach)


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Federal Reserve Bank of St. Louis

to*
31

CIVILIAN EMPLOYMENT IN FLORIDA, 1960
Major Components
Percent
60

Transportation, Communication
and Public Utilities

40

5 Construction}:*:

*-- —

liuiujuiuiu

Agriculture

’.•••••••••-•-•-•-•-•-•-•-•-•-•-•-•-•-•-•J

»*♦*♦*♦*♦*♦*♦*♦*♦*♦*♦*♦*•

20

♦w.
1♦♦♦♦<
♦♦
*eee
w»5

<
MIAMI

JACKSONVILLE

TAMPA —
ST. PETERSBURG

PENSACOLA

ORLANDO

FLORIDA

Percentage Distribution
Jacksonville

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and
public utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational services
Public administration
Other

NOTE:

Miami

Orlando

Tampa-St. Pete.

Area

Jacksonville
SMSA

Tallahassee
SMSA

Area

SMSA

West
Palm
Beach
SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

5.4
7.9
13.5
6.2
7.3

1.1
8.4
13.2
5.7
7.5

3.4
8.6
6.7
3.4
3.3

5.6
8.5
10.5
5.1
5.4

2.2
6.7
11.5
5.4
6.1

14.8
9.0
7.2
3.0
4.2

4.7
13.2
10.7
6.7
4.0

8.3
10.4
14.9
10.4
4.5

8.0
10.7
16.0
10.2
5.8

8.1
8.6
17.8
5.0
12.8

2.0
9.1
20.7
2.7
18.0

6.5
10.3
14.0
5.7
8.3

3.3
10.1
15.4
6.8
8.6

6.4
9.1
13.1
6.2
6.9

7.7
20.8
5.6
7.4
7.0
24.7

9.8
23.1
7.8
3.9
7.4
25.3

4.5
18.5
3.9
18.5
12.9
23.0

8.5
22.3
6.1
4.1
4.3
30.1

10.8
22.2
6.2
4.4
4.4
31.6

4.8
21.6
5.2
3.5
3.9
30.0

5.8
23.4
7.4
3.8
3.5
27.5

5.3
21.6
4.5
4.4
5.0
25.6

5.5
21.7
5.5
4.0
4.7
23.9

5.4
18.5
3.0
5.5
10.7
22.4

6.0
19.6
3.5
4.8
12.9
21.4

6.2
23.1
5.2
4.4
3.6
26.7

7.0
24.1
5.6
4.1
3.9
26.5

7.1
21.8
5.3
4.9
5.2
27.1

Mi ami

Fort
LauderdaleHollywood

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 31.


32
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Federal Reserve Bank of St. Louis

Pensacola

Florida
Orlando

T ampa-St.
Petersburg

Pensacola

MANUFACTURING EMPLOYMENT IN FLORIDA, 1960
Major Components

Percent

Percent
80

60

— 40

— 20

MIAMI

JACKSONVILLE

ORLANDO

PENSACOLA

FLORIDA

TAMPA—ST. PETE.

Percentage Distribution
Jack sonvi lie

Total

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical machinery equipment
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Orlando

Miami

Area

Jacksonville
SMSA

T ailahassee
SMSA

Area

SMSA

SMSA

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

19.6
1.6
3.7
2.7
3.1
0.8
8.1
6.4
15.4
1.0
1.9
7.8
4.5
23.4

7.1
2.5
4.9
4.1
2.9
1.1
11.4
9.0
18.1
0.5
2.3
9.4
5.4
21.3

34.1
0.4
0.6
3.2
0.8
0.5
2.9
7.9
19.7
—
1.1
21.4
2.6
4.8

10.2
2.7
10.9
4.6
4.2
0.6
4.5
9.4
16.8
1.3
12.8
11.5
2.9
7.6

8.4
0.6
7.1
3.9
2.8
0.8
6.8
10.9
33.3
0.5
2.7
14.9
3.8
3.5

Miami

9.7
2.'3'
10.0
4.6
4.9
0.6
5.9
10.7
19.4
1.1
9.4
11.9
3.2
6.3

West Palm Ft. Lauderdale-H’wood
Beach

Area

Orlando
SMSA

100.0

100.0

9.8
2.3
10.9
5.7
8.9
0.8
9.3
15.3
11.2
1.0
4.7
12.3
3.2
4.6

7.0
0.4
32.1
3.4
15.1

0.4
3.4
8.1
16.7
0.3
1.9
7.1
2.3
1.8

Pensacola

Tampa-St. Pete.
T ampaSt. Pete.

Florida

Area

Pensacola
SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

3.5
0.3
42.5
3.6
5.9
0.4
1.5
6.3
20.9
0.3
2.0
7.4
3.2
2.2

14.7
0.2
4.3
1.0
1.3
0.2
3.6
2.9
10.8
22.2
4.0
4.2
7.3
23.3

6.4
0.1
1.1
1.0
0.3
0.1
1.7
2.2
8.3
41.4
1.0
4.9
10.8
20.7

5.4
1.6
8.2
3.9
6.8
0.9
3.7
10.4
27.8
0.4
2.7
9.0
8.1
11.1

5.2
1.6
8.9
4.0
8.6
0.7
4.4
10.7
20.0
0.5
3.5
9.2
7.6
15.1

10.4
1.4
11.4
3.5
6.4
0.6
5.1
8.6
19.5
3.1
4.5
8.8
5.0
11.7

33

POPULATION

INCOME PER RECIPIENT, 1959

Percent

Doiior,

POPULATION AND INCOME, FLORIDA
Population (Thousands)

Demographic Characteristics
Percent of
Population
Nonwhite

Labor Force
(Thousands)

Income
Aggregate Income
(Millions of
Do 11 ar s)

No. of Income
Recipients.]/

1959

1959

1959

3,305

(Thousands,

Average Income
Per Recipient
( Do 11 ar s)

I960

1965

1960

1960

2,771

4,952

5,805

17.9

1,887

8,548

2,586

Jacksonville Area
Jacksonville SMSA
Tallahassee SMSA

621
304
52

834
455
74

930
512
83

26.0
23.4
32.9

320
183
30

1,275
785
117

416
227
40

3,066
3,454 '
2,928

Miami Area
Miami SMSA
West Palm Beach SMSA
Fort Lauderdale—
Hollywood SMSA

780
495
115

1,657
935
228

1,999
1,089
280

16.9
14.9
22.9

670
388
92

3,242
1,886
433

881
503
123

3,680
3,746
3,513

84

334

424

16.6

124

660

171

3,858

Orlando Area
Orlando SMSA

353
142

720
318

913
372

17.6
16.6

272
125

1,228
576

373
163

3,290
3,321

Pensacola Area
Pensacola SMSA

337
131

475
203

523
228

20.8
19.0

172
76

632
310

220
95

2,875
3,115

Tampa-St. Petersburg Area
Tampa-St. Petersburg SMSA

680
409

1,266
772

1,440
867

13.2
11.5

453
276

2,171
1,365

696
431

3,117
3,170

1950

Florida

T/

Persons 14 years old and over who reported money income during 1959.


NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 31.
https://fraser.stlouisfed.org
34
Federal Reserve Bank of St. Louis

FLORIDA’S STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $1,870


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Federal Reserve Bank of St. Louis

TOTAL EXPENDITURE $1,927

35

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, FLORIDA v
(Millions of Dollars)
Deposits

(Number)
Investments

Loans

Banks

1950

1960

1965

1950

1960

1965

1950

1960

1965

1950

1960

1965

1,863

4,867

6,813

443

2,005

3,493

1,011

1,983

2,703

192

304

432

Jacksonville Area
Jacksonville SMSA
Tallahassee SMSA

359
246
33

894
662
64

1,119
803
88

97
68
9

346
253
24

543
394
42

161
98
17

320
208
33

406
266
36

45
8
4

62
16
5

70
24
6

Miami Area
Miami SMSA
West Palm Beach SMSA
Ft. LauderdaleHollywood SMSA

697
465
108

1,888
1,151
234

2,631
1,515
376

163
108
25

779
476
85

1,360
816
171

403
270
61

791
440
120

1,059
558
185

40
15
8

83
36
15

135
62
23

87

387

562

19

172

288

51

175

234

7

17

31

Orlando Area
Orlando SMSA

218
100

583
282

890
406

55
26

254
130

483
241

124
53

243
103

341
134

36
9

51
15

77
23

96
48

183
90

270
128

21
11

72
41

133
69

54
27

88
40

111
47

25
4

34
11

37
12

493
329

1,318
856

1,905
1,212

109
68

554
359

974
632

270
184

540
336

787
473

47
19

74
34

113
55

State Total

Pensacola Area
Pensacola SMSA

Tampa-St. Petersburg Area
Tampa-St. Petersburg SMSA

7/ 7950 and 1960 data are December figures; 7965 data, June figures.

NOTE:


36
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Federal Reserve Bank of St. Louis

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 31.

TRADE AND SERVICES, FLORIDA
Retail Trade
Establish­
ments

Jacksonville Area
1958
1963
Jacksonville SMSA
1958
1963
Tallahassee SMSA
1958
1963

Miami Area
1958
1963
Miami SMSA
1958
1963
West Palm Beach SMSA
1958
1963
Ft. LauderdaleHollywood SMSA
1958
1963
Orlando Area
1958
1963
Orlando SMSA
1958
1963
Pensacola Area
1958
1963
Pensacola SMSA
1958
1963

Tampa-St. Petersburg Area
1958
1963
Tampa-St. Petersburg
SMSA
1958
1963

Employment-^

Selected Services

Wholesale Trade

Sales
($ Millions)

Establish­
ments

Employment-^

Sales
($ Mi llions)

Establish­
ments

Employment-1/

Sales
($ Mi llions)

7,874
8,330

44,709
46,235

871
1,110

1,303
1,499

16,063
16,704

1,533
2,226

4,259
5,092

19,156
20.586

124
165

3,860
4,124

26,491
27,576

523
672

856
986

12,982
13,163

1,357
2,002

2,337
2;851

12,254
12,938

85
110

577
658

4,356
4,432

80
103

115
136

875
1,210

15
61

328
413

1,565
1,824

10
14

17,828
18,644

108,934
117,577

2,300
2,934

2,810
3,499

28,541
34,080

1,934
2,513

13,221
15,481

64,973
76,190

531
738

9,839
9,459

64,704
65,525

1,369
1,618

1,949
2,360

20,564
23,580

1,451
1,829

7,949
8,295

43,483
49,238

380
493

2,682
2,960

15,119
16,899

321
428

295
353

2,765
3,371

150
213

1,666
2,184

7,167
8,629

49
77

3,439
4,141

20,452
25,301

433
647

356
526

2,742
4,464

253
359

2,404
3,439

10,572
13,812

75
131

7,190
8,155

38,694
47,035

799
1,165

908
1,227

13,475
15,196

536
846

4,582
5,957

15,848
24,941

107
215

2,679
3,074

16,512
19,965

361
504

488
704

8,222
9,002

334
540

1,704
2,189

6,764
9,436

47
75

4,051
4,351

20,119
21,189

410
511

443
525

4,259
5,006

264
268

2,005
2,467

7,219
8,751

43
66

1,566
1,750

9,443
9,872

198
242

190
217

2,013
2,111

137
142

849
1,061

3,230
3,815

18
27

12,604
13,813

73,373
77,684

1,460
1,890

1,768
2,146

21,520
24,734

1,240
1,620

8,494
10,494

33,869
35,413

221
308

7,395
7,813

47,307
48,145

919
1,152

1,158
1,428

13,235
16,422

919
1,213

5,273
6,239

19,626
22,968

146
203


_!_/ Includes employees and proprietors.
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Federal Reserve Bank of St. Louis

37

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

Lower
Coastal Plain

Flatwoods

Citrus

Winter Truck

Florida

Farm population

1950
1960

109,998
45,441

29,330
11,902

72,083
39,849

21,395
8,248

232,806
105,440

Approximate land acreage (Thousands)

1959
1964

9,978
9,978

3,684
3,684

12,434
12,434

8,625
8,625

34,721
34,721

Percent of land in farms

1959
1964

31.7
27.9

46.9
45.7

60.7
65.2

32.4
32.9

43.9
44.4

Number of farms

1959
1964

13,415
11,797

4,791
4,246

22,837
20,644

4,057
3,854

45,100
40,541

Average farm acreage

1959
1964

235.5
236.1

360.7
396.9

330.8
392.6

689.1
735.5

337.8
380.1

34,366
48,783
29,310
32,176
63,676
81,016

15,445
17,625
18,572
22,236
34,017
39,903

356,109
456,721
84,173
130,952
440,282
588,182

113,309
204,321
49,191
39,765
162,501
244,413

519,230
727,450
181,246
225,129
700,476
953,514

Value of products sold by source (S Th ousands)
1959
All crops
1964
Livestock and products
1959
1964
1959
All farm products
1964-17

\/ Total includes income from hunting, fishing, end other recreational services.

Digitized
38 for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

GEORGIA

TRADE AND DANKING AREAS
ATLANTA has long been recognized as the transportation
and distribution hub of the Southeast. Georgia’s largest and fastest
growing population center, the metropolitan area serves almost half
the state in direct retail trade and finance. In addition, it offers a
substantial amount of high quality regional retail shopping. Its new
status as a big-league sports center is expected to further broaden
retail trade. Manufacturing accounts for the area’s largest share of
total employment; wholesale and retail trade take a comfortable
secondplace. The leading provider of manufacturing employment is
textile mill products, with food products and transportation equip­
ment also contributing substantially to the total employment. Fi­
nance is also a large employer.

THE AUGUSTA AREA outside the metropolis still has a
substantial but declining dependence on diversified agriculture,
which includes broilers, cotton, peaches, and grains. Hay and
pasture acreage, along with forests, has expanded as dependence
on cotton has lessened. Manufacturing employment, especially in
nondurable goods, has grown substantially in recent years. Textiles
and apparel are still the major manufacturers. The production of
chemical and allied products has increased sharply in recent years.
Furniture and lumber production is important, and the area contains
major producers of stone and clay products. Augusta’s most famous
export is one annual green coat, representing the Masters’ Golf
Championship. A major military installation, Camp Gordon, has
continued to expand, cushioning the decline of employment at the
Savannah River Atomic Energy Plant.

THE COLUMBUS AREA has the highest ratio of manu­
facturing to total employment (over one-third of total) of Georgia’s
six trade and banking areas. More than two-thirds of total manu­
facturing is in textile mill products. Columbus thus retains its
eminence as a Southern textile center, which it established before
the Civil War. Agriculture is a relatively minor employer, but food
processing is substantial. Candy and other food processing utilize
large amounts of peanuts from South Georgia.
Nonelectrical
machinery, of which cotton gins and other industrial machinery are
important, is concentrated mainly in Columbus. Like Augusta,
Columbus has a large military installation which provides sizable
civilian employment, as well as local trade.

THE MACON AREA in central Georgia is a major producing
area and marketing center for peaches, peanuts, and other agri­
cultural products. Manufacturing (on a lesser scale than in other
trade and banking areas) and wholesale and retail trade are major
employers. Large levels of employment in public administration,
including agencies of the Defense Department, help to further
diversify income sources. Furniture, lumber, clay products, pulp
and paper, insulation materials, and food products dominate the list
of items produced.

Historic SAVANNAH servps the Georgia coastal area and
several inland counties in trade and banking facilities. Forest
products, chiefly from pines, and port activities have long been the
most important elements in Savannah’s economic base. Reduction
in Defense Department employment has encouraged greater em­
phasis on promoting growth-in port activities and in manufacturing.
Savannah’s chemical industry, second only to paper and lumber,
produces paint, turpentine, acids, cottonseed oil, and industrial
chemicals. Port facilities are complemented by the railroad center,
making Savannah an important export and import facility — the
principal American naval stores market. Agriculture is limited,
consisting mainly of egg and dairy products. Food processing is of
considerable importance.

SOUTH GEORGIA is the only trade and banking area in the
state in which agriculture exceeded manufacturing or trade in im­
portance in 1960. Rapid migration from farm to urban centers has
continued, however, as cities such as Albany, Bainbridge, Tifton,
and Valdosta have added substantial manufacturing establishments.
Food and kindred products is the main manufacturing employer,
representing over one-fifth of the total. Transportation equipment,
including mobile homes and executive aircraft, is growing rapidly in
importance. Fabricated metals represents another expanding type
of manufacturing.
Highway improvements and better community
airports have contributed to this area, as they have in most of
Georgia.

Digitized40
for FRASER
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Federal Reserve Bank of St. Louis

Georgia
——

Trade and Banking Areas

k*.y??»vl Standard Metropolitan Statistical Areas
1. Albany (Dougherty)
2. Atlanta (Clayton, Cobb, DeKalb, Fulton, Gwinnett)

3. Augusta (Richmond; Aiken, South Carolina)
4. Columbus (Chattahoochee, Muscogee. Russell, Alabama)
5. Macon (Bibb, Houston)

6. Savannah (Chatham)


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Federal Reserve Bank of St. Louis

41

CIVILIAN EMPLOYMENT IN GEORGIA, 1960
Major Components
Percent

Percent

Transportation, Communication
and Public Utilities
60

60

40

40
■.•AyAwXjrZjZvriTAT.T

XwXwXvXv

20

20

ATLANTA

COLUMBUS

AUGUSTA

MACON

SAVANNAH

SOUTH GEORGIA

GEORGIA

Percentage Distribution
Atlanta

Augusta

Atlanta

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational service
Public administration
Other

Columbus

Augusta

Area

SMSA

Area

100.0

100.0

4.6
6.6
29.4
10.5
18.9
7.1
18.4
4.4
4.7
4.3
20.5

1.0
6.7
22.1
10.9
11.2
9.2
21.3
6.2
4.5
5.5
23.5

Macon

Savannah

Macon

Columbus

South Georgia

Savannah

Albany

Georg i<

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.1

11.9
6.5
25.1
8.8
16.3
4.8
16.2
2.8
4.4
4.9
23.4

3.6
6.9
28.8
3.7
25.1
4.9
17.3
3.8
4.7
5.0
25.0

4.1
5.6
33.6
5.0
28.6
4.2
16.4
3.1
5.9
4.5
22.6

2.6
6.3
26.8
4.1
22.7
5.1
19.4
4.0
5.0
6.4
24.4

14.1
5.6
19.6
6.9
12.7
4.5
15.7
2.4
4.7
10.8
22.6

2.5
5.6
17.6
5.3
12.3
5.9
17.6
3.6
4.6
20.2
22.4

7.9
6.8
23.2
7.5
15.7
7.7
18.5
3.3
4.7
4.8
23.1

0.6
7.4
22.9
6.3
16.6
10.5
20.0
4.4
4.6
4.8
24.8

21.5
5.4
17.4
6.3
11.1
5.6
17.4
2.5
5.3
4.6
20.3

3.4
6.9
15.9
3.7
12.2
6.3
22.2
4.3
5.5
9.6
25.9

8.:
6.5
26.c
8J
17.J
6.<
17.'
3.<
4/
5?
2i.:

NOTE: Trade and Banking Areas and Standard Metropol itan Statistical Areas depicted on page 41.

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42
Federal Reserve Bank of St. Louis

MANUFACTURING EMPLOYMENT IN GEORGIA, 1960
Major Components

Percent

Percent

80

— 80

■

60

— 60

v—e—e—w—
• Chemicals*
— 40

40

I
1
1

20 ■— ’■’Food and*’*’

t

.*■* Kindred
»’»'■ III ■i.guHiillii

1

■•
e ■■ v ■■
■■

Apparel ih

ATLANTA

1

AUGUSTA

B
B

B
B

B
-

VB B B B
B B B B B B
BB B B B
B B B B ■ B
BB B B *
B B B B B B
BB B B B
BB B B B B
BB B B B
B B B B B S
BB B B B
BB B B B B
BB B B B
B
■■

B B B B
BB B 1
B B B B
B B B 1
B B B B
B B B 1
B B B B
B B B 1
B B B B
B B B 1
B B B B
BB B 1
B B B B
B B B 1

— 20

_ _ _

■■

II ■! II ■ 111

.'•"1

SAVANNAH

MACON

COLUMBUS

B

B

SOUTH GEORGIA

GEORGIA

Percentage Distribution
Atlanta

Augusta

Atlanta

Total

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

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Federal Reserve Bank of St. Louis

Macon

Columbus

Augusta

Columbus

Savannah

Macon

South Georgia

Sav annah

Al bony

Georgia

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

8.2
2.1
2.5
3.3
3.1
4.9
6.5
4.9
10.9
26.7
13.3
4.6
3.1
5.9

5.2
2.6
4.0
5.0
4.2
9.0
12.5
6.8
13.9
6.1
8.5
8.7
4.4
9.1

17.9
0.3
1.3
1.4
0.7
2.1
0.5
10.8
10.9
21.5
20.6
2.8
5.9
3.3

3.2
0.1
0.8
1.1
0.5
0.1
0.1
6.9
10.1
38.8
4.8
3.2
27.5
2.8

7.9
0.7
0.6
2.7
0.9
0.1
0.2
1.9
9.8
66.4
4.2
3.1
0.5
1.0

4.8
0.4
0.6
5.2
0.5
0.1
0.3
3.6
17.7
55.1
3.5
5.8
1.0
1.4

23.5
0.3
1.3
1.9
0.4
1.6
1.5
4.9
12.8
18.7
20.9
2.7
3.0
6.5

14.1
0.3
3.2
2.4
0.5
0.7
0.7
8.2
17.8
22.7
6.2
4.7
2.1
16.4

18.9
0.2
2.6
1.1
0.5
1.3
3.5
4.3
17.8
0.2
4.8
3.2
10.1
31.5

11.3
0.3
2.8
1.0
0.7
2.1
5.5
3.7
18.3
0.1
0.6
4.6
9.5
39.5

25.0
0.4
3.6
2.9
0.4
0.6
1.5
2.0
21.2
12.0
11.8
3.7
5.3
9.6

6.6
0.9
2.4
5.7

12.5
1.5
2.6
2.8
2.0
3.2
4.3
4.7
12.2
26.0
12.9
3.9
3.8
7.6

1.1

0.6
1.9
4.2
24.3
30.9
0.6
6.2
9.9
4.7

43

INCOME PER RECIPIENT, 1959

POPULATION AND INCOME, GEORGIA
Population (Thou sands)

Income

Demographic Characteristics
Percent of
Population

Labor Force

Nonwhite

(Thousands)

Aggregate Income
(Millions of
Dollars)

No. of Income
Recipients-!/

Average Income
Per Recipient

(Thousands)

(Dollars)

1950

I960

1965

1960

1960

1959

1959

1959

3,445

3,943

4,357

28.6

1,516

5,359

1,932

2,773

1,532
727

1,863
1,017

2,122
1,221

21.4
22.8

736
414

2,951
1,958

932
515

3,167
3,804

Augusta Area
Augusta SMSA

293
162

309
217

315
230

41.7
29.5

117
56

336
305

151
106

2,219
2,877

Columbus Area
Columbus SMSA

324
171

371
218

358
204

33.2
29.4

151
91

486
307

190
110

2,561
2,790

Macon Area
Macon SMSA

544
135

564
180

579
191

39.9
31.1

201
82

621
286

270
89

2,301
3,211

Savannah Area
Savannah SMSA

309
151

368
188

380
188

34.5
34.1

137
72

473
285

173
90

2,730
3,149

South Georgia
Albany SMSA

485
44

506
76

527
83

34.4
34.4

187
30

516
105

240
36

2,148
2,876

Georgia

Atlanta Area
Atlanta SMSA

_]/ Persons 14 years and over who reported money income during 7959.
NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 41.

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44
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

GEORGIA'S STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $1,189

TOTAL EXPENDITURE $1,163

Public Welfare
$110 (9.5%)

Police and Fire
Protection
$47(4%)

_

Sanitation
$30 (2.6%)

Recreation
$9 (0.8%)

45

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, GEORGIA lJ
(Millions of Dollars)
Loans

Deposits

_7/
2_

(Number)

Investments

Banks

1950

1960

1965

1950

I960

1965

1950

1960

1965

1950

1960

1965

State Total

1,734

2,927

4,232

727

1,508

2,585

600

928

1,228

329

363

383

Atlanta Area
Atlanta SMSA

1,078
851

1,818
1,396

2,691
2,105

449
363

943
768

1,633
1,316

370
276

535
357

733
511

128
32

144
40

152
42

Augusta Area
Augusta SMSA^Z

110
72

180
113

274
179

51
38

95
67

171
118

33
19

60 _
30

84
50

28
3

30
4

35
7

Columbus Area
Columbus SMSA

95
46

182
105

254
154

37
19

96
63

154
105

39
18

62
28

84
41

19
6

21
8

24
9

Macon Area
Macon SMSA

169
68

276
107

391
155

66
33

130
62

235
106

64
22

106
27

130
38

72
3

75
5

80
6

Savannah Area
Savannah SMSA

152
111

238
160

328
218

74
62

139
100

214
147

43
27

68
40

92
55

28
7

31
8

32
8

South Georgia Area
Albany SMSA

153
29

267
50

341
68

58
15

119
29

200
42

56
7

111
18

123
25

59
5

67
5

65
4

1950 and 1960 data are December figures; 1965 data, June figures.
Aiken County, South Carolina, excluded.

NOTE:

Trade and Banking Areas and Standard Metropol itan Statistical Areas depicted on page 41.

Digitized46
for FRASER
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Federal Reserve Bank of St. Louis

TRADE AND SERVICES, GEORGIA
Retail Trade
Establish­
ments

Atlanta Area
1958
1963
Atlanta SMSA
1958
1963

Augusta Area
1958
1963
Augusta SMSA
1958
1963
Columbus Area
1958
1963
Columbus SMSA
1958
1963
Macon Area
1958
1963
Macon SMSA
1958
1963

Savannah Area
1958
1963
Savannah SMSA
1958
1963
South Georgia Area
1958
1963
Albany SMSA
1958
1963

Selected Services

Wholesale Trade

Sales
Employment-^7 ($ Millions)

Establi shments

Employment^

Sales
($ Millions)

Establish­
ments

Sales
Employment^7 ($ Millions)

16,214
17,332

96,082
99,636

1,844
2,449

3,080
3,787

40,456
50,289

4,357
6,364

8,177
10,392

37,786
45,408

268
414

7,721
8,146

63,519
65,670

1,229
1,619

2,321
2,821

35,330
42,691

3,999
5,733

4,957
6,120

28,391
34,022

217
336

3,468
3,490

15,165
15,855

289
368

397
424

3,038
3,181

173
192

1,361
1,642

4,875
5,471

25
37

1,852
1,894

9,934
10,358

191
249

247
264

2,267
2,334

129
146

854
1,005

3,475
3,943

19
27

3,017
3,145

15,864
15,364

281
351

316
353

2,613
3,392

167
225

1,286
1,472

5,446
6,083

29
38

1,706
1,730

10,240
9,882

181
229

194
219

1,748
2,282

112
144

793
903

3,773
4,222

21
28

5,234
3,442

22,575
23,563

425
561

604
741

4,849
6,250

300
399

1,956
2,344

6,919
7,579

39
52

1,401
1,557

8,962
9,721

170
232

213
261

2,412
2,930

139
173

717
898

3,639
3,996

22
31

3,443
3,485

17,476
17,557

324
400

490
541

5,283
5,193

398
448

1,563
1,810

7,291
6,801

40
50

1,622
1,577

10,538
9,591

192
218

301
316

3,642
3,505

316
335

877
932

4,465
3,904

24
28

4,830
5,037

21,321
21,939

411
523

629
758

5,096
7,340

338
471

1,839
2,318

6,140
6.884

36
46

593
684

3,522
4,179

68
99

119
147

1,246
1,958

95
124

295
400

1,496
1,712

10
13


-1/ Includes employees and proprietors.
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Federal Reserve Bank of St. Louis

47

Limestone

Appalachian

Piedmont

Upper
Coastal
Plain

Peanut

Lower
Coastal
Plain

Flatwoods

Georgia

Farm population

1950
1960

75,117
26,675

47,321
14,682

336,572
112,170

132,952
57,054

168,723
87,825

165,764
90,686

35,986
18,176

962,435
407,268

Approximate land acreage (Thousands)

1959
1964

2,155
2,155

1,882
1,882

10,578
10,578

5,705
5,705

6,009
6,009

5,751
5,751

5,216
5,216

37,296
37,296

Percent of land in farms

1959
1964

51.3
46.6

30.2
26.2

49.0
43.9

56.7
48.9

73.5
68.1

69.4
64.7

22.3
21.8

52.7
48.0

Number of farms

1959
1964

8,256
6,837

5,901
4,981

35,893
28,625

13,325
9,693

17,006
11,801

21,052
17,128

4,917
4,221

106,350
83,366

Average farm acreage

1959
1964

133.8
146.8

96.3
99.1

144.4
162.2

242.7
287.9

259.6
344.5

189.6
217.4

236.1
269.6

184.8
214.6

9,874
8,753
34,182
50,641
44,056
59,424

1,847
1,769
27,958
48,084
29.804
49,995

40,360
31,723
136,023
204,053
176,383
236,193

39,082
52,374
29,125
37,494
68,207
89,905

93,914
143,496
48,216
53,992
142,129
197,636

83,636
112,624
39,993
51,805
123,629
164,558

12,569
16,684
10,539
11,869
23,108
28,569

281,281
367,423
326,036
457,928
607.317
826,280

Value of products sold by source ($ Tho usands)
All crops
1959
1964
1959
Livestock and products
1964
1959
All farm products
1964-b7

]/ Total includes income from hunting, fishing, and other recreational services.


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48
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

LOUISIANA

TRADE AND RANKING AREAS

The marshes of the ALEXANDRIA-LAKE CHARLES AREA are largely
devoted to the growing of rice. This crop and the oil beneath the marshes form
the area’s economic base. About half the farm cash receipts come from rice;
most of the remainder, from cattle and calf production. Lake Charles, the area’s
largest city, has access to the Gulf via a deep water channel. As a result, this
city serves as an outlet for both the rice crop and petroleum products. Major
manufacturing employers in the area, in addition to the chemical industry, are
furniture, lumber, and wood and food processing industries.

Oil, government, and education
provide a firm basis for the BATON
ROUGE AREA’S economy. It is the only
trade and banking area in the state
which lists manufacturing as its chief
employer. About a third of those em­
ployed in manufacturing work in
petroleum, petrochemical, and related
industries.
The world’s largest oil
refinery is located here amidst many oil
fields.
Baton Rouge is the state
capital and home of Louisiana State
University. Because of its location on
the Mississippi River, the city is also
a major port and the inland limit for
ocean-going vessels.
Livestock and
sugarcane are major sources of income
for inhabitants of the surrounding
parishes.

Digitized for50
FRASER
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Federal Reserve Bank of St. Louis

LAFAYETTE-IBERIA-HOUMA is primarily an agricultural area, with
sugarcane and rice as chief products. The largest sweet potato growing area in
the United States is located in Saint Landry and Lafayette Parishes. Farmers
outnumber manufacturing workers. Even those employed in manufacturing are
dependent on the dominant crops; processing of food and kindred products
accounts for nearly half the manufacturing employment in the area. Wholesale
and retail trade are major sources of income, reflecting the fact that the area’s
small cities serve as distribution points for products from the surrounding agri­
culture. In recent years Lafayette has become an important center for the oil
and gas industry.

For nearly two and a half centuries, the economy of the NEW ORLEANS
AREA has drawn upon the trade moving through the crescent city. Today New
Orleans ranks second in the nation in the value of foreign trade. Tourism also
accounts for a sizable portion of the area’s income. In recent years the city has
assumed the role of an industrial center. Ship building and repairs, food products,
and oil refining are major manufacturing industries, along with the building and
testing of space launch vehicles, a recently added industry. New Orleans East,
an urban development covering 50 square miles, has virtually grown up around the
NASA-Michoud plant which manufactures Saturn boosters. Plaquemines Parish,
south of New Orleans, is rich in petroleum, natural gas, and sulphur.

Louisiana
■■■■ ■■■ Trade and Banking Areas

■

lakV£HarlesJB


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

■ Counties Outside the District

IvXv/Sfl Standard Metropolitan Statistical Areas

cadia

LAFAYETTE

1. Baton Rouge (East Baton Rouge)
2. Lafayette (Lafayette)
3. Lake Charles (Calcasieu)
4. Monroe (Ouachita)

5. New Orleans (Jefferson, Orleans, St. Bernard,
St. Tammany)
6. Shreveport (Bossier, Caddo)

51

CIVILIAN EMPLOYMENT IN LOUISIANA, 1960
Major Components

Percent

Percent

Percentage Distribution
Alexandria-Lake Charles

Baton Rouge
Baton Rouge

Lake Charles

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational services
Public administration
Other

Lafayette-lberia-Houma

New Orleans
New Orleans

Lafayette

Louisiana
(6th District part)

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

9.4
8.7
14.8
4.5
10.3
7.5
19.8
3.1
6.0
4.5
26.2

2.3
9.1
20.5
2.5
18.0
8.5
20.6
3.6
5.6
3.9
25.9

6.2
9.9
18.8
4.1
14.7
5.7
18.2
3.4
8.9
5.4
23.5

1.0
9.2
19.9
3.0
16.9
5.6
19.6
4.3
10.7
6.1
23.6

14.0
8.6
9.7
2.6
7.1
7.6
19.5
2.3
5.7
2.7
29.9

9.6
7.9
7.8
2.1
5.7
8.1
21.7
3.8
7.6
2.7
30.8

2.1
7.3
16.8
6.1
10.7
10.8
21.4
4.7
5.1
5.6
26.2

0.6
6.9
15.8
6.2
9.6
12.1
22.0
5.3
5.0
5.5
26.8

6.3
8.1
15.6
4.9
10.7
9.0
20.2
3.8
6.0
4.6
26.4

Digitized for NOTE:
FRASER Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 57.
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52
Federal Reserve Bank of St. Louis

MANUFACTURING EMPLOYMENT IN LOUISIANA, 1960
Major Components

Percent

60

__

Machinery —S
Except Electrical

Printing
and Publishing
y

I

'77777777/.
• • • • •
I r1

Apparel

■■■■■■■■
■
■
■■■■■■■■
»_■ >■■■■■■■■
■ ■ ■■■■■■
■
■■■■■■■■
h ■ ■■■■■■■■
■ ■■■■■■a
i a aa a

40

a a a a a
d a a a a
l a a a a
a aa a
a a a a a

Chemicals andt
— Allied Productsi
• •••••
■.•.Food and^.*.
Kindred L’.B.
Pro
ducts
•
— —ra • i
ALEXANDRIALAKE CHARLES

40
•

a a a

a

•

a

%

• •
a a

a aa a a a a
■ a a a a a a
a aa a a a a
■ aaaaaaa
a aa a a a
i aa a a a a
a aa a a a
i aa a a a a
a aa a a a i
i aa a a a a
a aa a a a

a a a a
■ ■ a a a
a a a a r
a a a a

BATON ROUGE

60

Transportation
Equipment

• • • • •

|>.Ai

20

Percent

20

NEW
ORLEANS

LAFAYETTEIBERIA

LOUISIANA

Percentage Distribution
Alexandria-Lake Charles

Baton Rouge

Lafayette-lberia-Houma

New Orleans

Louisiana

(6th District
Lake Charles

Total

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Baton Rouge

Lafayette

New Orleans

part)

Area

SMSA

Area

SMSA

Area

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

21.6
0.3
1.1
1.6
0.4
0.1
1.4
4.2
13.1
0.1
0.1
4.4
19.1
32.5

2.7
0.4
1.1
1.4
0.4
0.0
1.6
4.5
9.4
0.1
0.2
3.5
28.5
46.2

8.3
2.1
3.9
1.8
0.5
0.2
0.5
4.5
9.8
0.1
0.7
5.1
32.9
29.6

1.9
1.9
4.1
1.4
0.7
0.2
0.4
4.4
9.2
0.1
0.2
6.3
35.8
33.4

5.1
0.7
4.7
6.7
0.6
0.1
5.9
3.4
47.1
0.2
0.7
5.6
8.0
11.2

3.1
0.5
9.8
3.0
1.7
0.2
0.5
7.6
40.8
0.2
0.4
10.4
3.8
18.0

5.8
4.9
5.4
2.9
1.4
0.4
8.9
6.7
25.1
1.0
7.1
5.3
6.8
18.3

3.5
5.6
6.8
3.4
1.7
0.5
9.7
8.0
24.7
1.2
8.3
6.2
5.7
14.7

8.4
3.2
4.4
3.0
1.0
0.3
5.6
5.5
22.7
1.0
4.0
5.0
13.8
22.1

53

POPULATION

INCOME PER RECIPIENT, 19S9

Percent

POPULATION AND INCOME, LOUISIANA
Population (Thousands)

Demographic Characteristics

-

Income

i

1965

Percent of
Population

Nonwhite

Labor Force

Aggregate Income
(Millions of

No. of Income
Recipients—L

Average Income
Per Recipient

(Thousands)

Dol lars)

(Thousands)

(Dollars)

1959

1959

1959

1950

I960

1,924

2,424

2,645

30.1

818

3,425

1,069

3,204

Alexandria-Lake Charles Area
Lake Charles SMSA

338
90

420
145

456
160

24.3
20.9

135
51

512
224

182
63

2,814
3,562

Baton Rouge Area
Baton Rouge SMSA

299
158

394
230

431
253

36.5
31.8

128
84

551
397

170
106

3,238
3,735

Lafayette-Iberia-Houma
Lafayette SMSA

425
58

519
85

577
95

26.6
24.0

163
30

607
121

209
37

2,899
3,295

New Orleans Area
New Orleans SMSA

958
712

1,225
907

1,320
980

39.1
30.9

444
335

1,933
1,558

573
432

3,371
3,645

Louisiana
(6th District part)

1960

1/ Persons 14 years old and over who reported money income during 7959.

NOTE:

Digitized54
for FRASER

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 5 7.

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1960


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

LOUISIANA’S STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $1,252

TOTAL EXPENDITURE $1,310

Health and Hospitals
$70 (5.3%)

4/

Police and Fire
Protection
$51 (3.9%)
Sanitation
$56 (4.3%)

Recreation
$16 (1.2%)

55

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, LOUISIANA v
(Millions of Dollars)
Deposits

Loans

1950

1960

1965

1950

1960

1,127

2,256

2,969

358

933

Alexandria-Lake Charles
Area
Lake Charles SMSA

194
54

295
99

355
110

57
16

Baton Rouge Area
Baton Rouge SMSA

172
133

334
270

468
384

Lafayette-Iberia-Houma Area
Lafayette SMSA

184
31

356
60

New Orleans Area
New Orleans SMSA

613
544

1,331
1,180

State Totak^7

(Number)

1965

1950

1960

1965

1950

1960

1965

1,553

593

887

1,109

93

115

131

115
36

178
55

85
23

125
44

146
46

20
3

25
4

28

44
36

142
117

266
228

87
70

136
108

174
136

20
5

23
7

25
7

473
81

47
11

123
27

209
45

86
12

165
19

216
25

33
2

41
3

45
4

1,761
1,541

220
202

576
520

944
839

356
315

490
410

609
512

25
11

31
16

38
21

_7/ 1950 and 1960 data are December figures; 1965 data, June figures.
2/ Sixth District portion only.

NOTE:

Digitized for56
FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Banks

Investments

Trade and Banking Areas and Standard Metropol itan Statistical Areas depicted on page 51.

4

TRADE AND SERVICES, LOUISIANA
Retail Trade
Establish­
ments
Alexandria-Lake Charles
Area
1958
1963
Lake Charles SMSA
1958
1963

Baton Rouge Area
1958
1963
Baton Rouge SMSA
1958
1963
Lafayette-Iberia-Houma
Area
1958
1963
Lafayette SMSA
1958
1963

New Orleans Area
1958
1963
New Orleans SMSA
1958
1963

Employment-2/

Selected Services

Wholesale Trade

Sales
($ Millions)

Establish­
ments

Employment -1/

Sales
($ Millions)

Establish­
ments

Employment 1/

Sales
($ Millions)

3,980
3,417

18,237
16,177

365
396

430
451

3,896
7,627

250
270

1,711
1,543

6,919
5,435

35
38

1,258
1,110

6,978
5,731

148
146

150
165

1,723
1,661

116
111

652
634

2,409
2,102

16
16

3,098
2,672

17,446
16,475

361
418

376
457

3,799
4,046

216
305

1,336
1,276

5,051
5,516

36
45

1,774
1,564

13,206
12,258

278
317

285
367

3,310
3,619

182
274

934
947

4,222
4,794

32
41

5,095
4,631

21,535
21,494

404
500

743
826

6,153
6,488

337
463

1,985
2,172

6,716
10,755

48
65

730
781

4,424
4,611

82
110

161
210

1,531
1,697

77
119

440
449

1,892
1,827

15
22

10.791
8,838

65,849
61,490

1,228
1,414

2,014
2,153

24,755
26,817

2,558
2,840

5,896
5,666

30,297
26,736

213
264

7,958
6,202

53,852
57,842

991
1,123

1,738
1,801

23,819
24,028

2,495
2,655

4,651
4,331

25,608
25,709

185
227

-L' Includes employees and proprietors.


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Federal Reserve Bank of St. Louis

57

|T—’—• — •I

■V.

■

J*

I

I
!

Louisiana

NON-DISTRICT AREA

\<

X

SELECTED

*

AGRICULTURAL
STATISTICS

Type of Farming Area
Rice

Sugarcane

Silt Loam

Gulf Truck

Non-District
Area

Louisiana

Farm population

1950
1960

75,048
33,205

163,280
75,012

19,322
5,798

61,618
23,011

248,187
96,075

567,455
233,101

Approximate land acreage (Thousands)

1959
1964

6,223
6,223

6,209
6,209

849
849

3,755
3,755

11,833
11,833

28,868
28,868

Percent of land in farms

1959
1964

39.1
41.6

36.9
37.2

57.6
57.0

19.6
20.4

37.2
36.0

35.8
36.1

Number of farms

1959
1964

12,617
11,020

20,286
16,766

2,498
2,324

9,291
8,390

29,746
23,966

74,438
62,466

Average farm acreage

1959
1964

193.0
234.8

112.8
137.9

195.7
208.3

79.2
91.1

147.9
177.9

139.0
166.7

58,531
79,816

67,485
85,924

1,904
3,133

7,958
8,669

80,474
104,886

216,352
282,428

Value of products sold by source ($ Th ousands)
All crops
1959
1964

Livestock and products

1959
1964

22,243
18,948

18,848
17,951

5,855
6,283

20,297
35,418

51,312
45,356

118,555
124,006

All farm products

1959
1964-^/

80,774
98,794

86,333
103.988

7,759
9,418

28,255
44,123

131,787
150,511

334,908
406,834

2/ Total includes income from hunting, fishing, end other recreational services.


53
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

MISSISSIPPI

TRADE AND RANKING AREAS
In the HATTIESBURG-LAURELMERIDIAN AREA manufacturing firms are
major employers. Like other areas in the
southern half of Mississippi, timber and
wood-using industries are the leading
manufacturing firms.
The process of
making a hard board product was invented
in Laurel. Apparel and textile industries
account for about one-fourth of the manu­
facturing employment. Over 80 percent
of cash receipts from farm marketings
comes from livestock. Poultry and eggs,
followed by cattle and calves, dairy and
cotton production, predominate agricultur­
al activity. Since 1960, the population
has been increasing, mainly in urban
areas.

Digitized for60
FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

THE JACKSON AREA contains
Mississippi’s only Standard Metropolitan
Statistical Area, Hinds and Rankin Coun­
ties. Rapid population growth in these
counties has been sufficient to offset the
marked declines in the rest of the area.
Poultry production has expanded rapidly
since 1945.
It currently accounts for
approximately 40 percent of the cash
receipts and is the area’s largest farming
enterprise. Cotton and beef production
are next in importance. Timber produc­
tion and various wood-using industries
employ a third of the manufacturing labor
force. Trade, textiles, apparel, and food
processing plants also provide a large
number of jobs.

NATCHEZ was one of the first
areas of the state to be settled; and its
long history, which includes Spanish
rule, plantation agriculture, and epic
Civil War battles, has created an impor­
tant tourist business. In recent years,
cotton and cattle, production have each
accounted for approximately one-third of
the region’s cash receipts from farm
marketings. The balance of farm income
comes from a wide variety of crops and
livestock. Most of the land not farmed
is covered with timber, which supports
many of the wood-using industries.
Nearly half the area’s labor force is
employed in manufacturing firms. The
total population in this trade and banking
area has declined, since growth in Nat­
chez and Vicksburg has failed to offset
the decline in the number of farm resi­
dents.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

"ST Talco"
hall]

f

I,

—L !■

Mississippi
Trade and Banking Areas

■ ■■■ ■ Counties Outside the District

j Standard Metropolitan

Statistical Area

1. Jackson (Hinds, Rankin)

61

CIVILIAN EMPLOYMENT IN MISSISSIPPI, 1960
Major Components
Percent

Percent

HATTIESBURGLAUREL-MERIDIAN

MISSISSIPPI

NATCHEZ

JACKSON

Percentage Distribution
Hattiesburg-Laurel-Meridian
Lauderdale

Total
Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational services
Public administration
Other

Natchez

Jackson
Jackson

Adams

Warren

Mississippi
(6th District par

Area

County

Area

SMSA

Area

County

County

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

13.2
7.9
23.5
9.5
14.0
5.7
17.8
2.1
5.4
3.3
21.1

4.0
8.2
17.6
7.2
10.4
9.0
23.2
3.8
4.5
3.8
25.9

15.6
6.9
17.6
9.4
8.2
6.1
16.8
3.7
5.4
3.7
24.2

5.9
7.5
15.3
9.0
6.3
6.6
18.9
5.8
6.4
5.2
28.4

17.0
7.3
20.0
11.9
8.1
5.7
16.6
1.7
5.0
3.0
23.7

3.9
5.1
22.4
6.3
16.1
5.6
21.9
2.7
5.2
2.4
30.8

6.2
11.8
18.8
14.6
4.2
7.4
18.3
2.3
4.2
4.0
27.0

13.1
7.4
20.2
10.0
10.2
5.9
17.6
2.9
5.3
4.2
23.4


NOTE: Trade and Banking Areas and Standard Metropolitan Stat i sti cal Areas depicted on page 61.
https://fraser.stlouisfed.org
62
Federal Reserve Bank of St. Louis

MANUFACTURING EMPLOYMENT IN MISSISSIPPI, 1960
Major Components

Percent

Electrical Machinery

Percent
Transportation
Equipment

Machinery Except
Electrical

Zi

t • * •••••
4 i • • •

60

60

r

■■■■■■■
■ ■

‘??,W?AV»WAV«V
♦X*X*X*X*Xw«»v<

40

40
■ ■■■■■■■■■■

Food and Kindred

■ ■■■■■■■■■I

■ ■■■■«■■■■■
■ ■■■■■■«■■!
■__ - - - ,A___
V
■■■■■■■■
» ___
■ ■■

&&x<<*x*x*x*x
x*x*x*x<x*z*x»x%%*.
^$***%^**^

■

%*♦*♦*♦*♦*♦*♦%*♦*♦*♦*♦%*♦%*♦*♦*

20

■ ■

♦x*x«x*x*x*x*x*x
<4X*X*X*X*XtXtXxX

X»X*X*X*X*J

•X«X»X4»X*X*X*X*Xt

20

*X*X*X*X*X*X*X*XV
»X»X*X*XvXvXvX*
♦V>Vo%V&a*A*A*A*

HATTIESBURGLAUREL—MERIDIAN

NATCHEZ

JACKSON

MISSISSIPPI

Percentage Distribution
Hattiesburg-Laurel-Meridian

Jackson
Jackson

Lauderdale

Total

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Natchez

Mississippi

Adams

Warren

Area

County

County

6th District
part)

Area

County

Area

100.0

100.0

100.0

100.0

100.0

100.0

100,0

100.0

29.6
0.9
0.9
1.5
2.7
0.3
2.2
2.4
10.4
4.8
20.0
2.4
4.5
17.4

25.1
2.6
4.0
1.2
0.5
0.9
0.2
6.4
17.7
8.9
12.5
6.2
1.7
12.1

29.3
1.0
3.0
3.2
5.1
0.4
2.8
8.6
15.6
1.5
17.0
4.8
4.0
3.7

20.7
1.6
3.7
3.9
8.5
0.5
4.7
15.3
20.5
0.2
3.4
8.4
3.5
5.1

45.1
0.1
0.5
3.8
5.4
0.3
3.1
1.2
7.6
1.5
2.0
3.2
1.8
24.4

25.3
—
0.3
1.3
0.1
0.3
0.2
0.6
7.4
0.2
—
3.4
0.1
60.8

34.4
0.2
0.7
9.7
18.6
0.6
10.0
3.4
11.4
—
—
4.7
5.7
0.6

28.1
1.0
1.8
2.4
3.6
0.3
7.8
4.8
12.9
2.6
14.7
3.5
4.0
12.5

SMSA

63

POPULATION

INCOME PER RECIPIENT, 1959

Percent

Dollars

Laurel-Meridian

POPULATION AND INCOME, MISSISSIPPI
Population (Thousands)

Demographic Characteristics
Percent of
Population
Nonwhite

Income

Labor Force

Aggregate Income
(Mill ions of

No. of Income
Recipients-^/

(Thousands)

Do 1 lars)

(Thousands)

Per Recipient
(Dol 1 ars)

Average Income

1950

1960

1965

1960

1960

1959

1959

1959

1,138

1,219

1,284

37.2

424

1,331

554

2,402

Hattiesburg-Laurel-Meridian
Area
Lauderdale County

386
64

381
67

402
73

30.7
35.0

128
8

379
82

172
34

2,198
2,415

Jackson Area
Jackson SMSA

467
171

496
221

525
243

43.8
39.8

173
85

550
323

223
104

2,463
2,731

Natchez Area
Adams County
Warren County

157
32
40

153
38
42

151
39
43

56.2
49.5
46.8

51
14
16

146
46
52

68
17
21

2,132
2,689
2,509

Mississippi
(6th District part)

(r

_]/ Persons 14 years and over who reported money income during 1959.

NOTE:

Trade and Banking Areas and Standard Metropol itan Statistical Areas depicted on page 61.

Digitized64
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MISSISSIPPI’S STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $589

TOTAL EXPENDITURE $629

Health and Hospitals
$53(8.4%)

Police and Fire
Protection
$19 (3%)
Sanitation
$10 (1.6%)

Recreation
$3 (0.5%)

65

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, MISSISSIPPIv
(Number)

(Millions of Dollars)
Deposits

1950

1960

State Total

486

848

Hattiesburg-LaurelMeridian Area
Lauderdale County

133
37

Jackson Area
Jackson SMSA
Natchez Area
Adams and Warren Counties

Loans

1965

Investments

1950

1960

1965

1950

1960

1965

1950

1960

1,153

129

370

630

248

337

422

93

92

91

209
49

269
62

33
10

85
20

126
29

73

:9i

21

20

112
24

33
3

33
3

33
3

254
159

471
320

648
446

68
47

215
160

382
288

120
67

168
93

218
127

40
9

40
9

40
9

55
38

75
51

96
67

15
11

35
26

51
39

28
20

32
20

35
21

12
4

12
4

11
4

_]_/ 1950 and 1960 data are December figures; 1965 data, June figures.
2/ Sixth District portion only.

NOTE:

66

Trade and Banking Areas and Standard Metropolitan Stati stical Areas depicted on page 61.


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Federal Reserve Bank of St. Louis

Banks
1965

TRADE AND SERVICES, MISSISSIPPI

Retail Trade
Establish­
ments

Hattiesburg-LaurelMeridian Area
1958
1963
Lauderdale County
1958
1963

Jackson Area
1958
1963
Jackson SMSA
1958
1963
Natchez Area
1958
1963
Adams County
1958
1963
Warren County
1958
1963

_!/

Employment27

Wholesale Trade

Sales
($ Millions)

Establish­
ments

Employment2^

Selected Services
Sales
($ Millions)

Establ ishments

Employment27

Sales
($ Millions)

3,358
3,514

15,046
14,537

276
331

418
454

3,183
3,938

231
270

1,392
1,754

3,959
4,770

25
33

692
718

3,917
3,631

66
79

130
129

1,230
1,683

108
122

364
411

1,567
1,421

9
9

4,166
4,147

21,097
19,633

395
485

661
713

6,064
6,983

437
535

1,750
2,168

7,577
9,113

46
66

1,784
1,717

11,779
10,463

222
266

408
438

4,702
5,379

338
411

914
1,121

5,321
6,644

36
51

1,376
1,306

6,134
5,813

112
138

151
171

1,223
1,546

79
113

447
510

1,783
1,732

10
12

350
373

2,155
2,045

39
49

60
75

645
837

33
49

146
169

624
673

4
5

450
409

2,299
2,058

41
49

47
49

396
488

30
43

157
171

826
694

4
5

Includes employees and proprietors.


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Federal Reserve Bank of St. Louis

67

SELECTED
AGRICULTURAL
STATISTICS

Type of Farming Area
Silt Loam

Alabama-Mississippi
Timber

Gulf Truck

Non-District
Area

Missi ssippi

Farm population

1950
1960

167,452
73,930

275,809
129,813

9,940
3,359

644,006
335,734

1,097,207
542,836

Approximate land acreage (Thousands)

1959
1964

5,879
5,879

9,659
9,659

1,161
1,161

13,524
13,524

30,223
30,223

Percent of land in farms

1959
1964

61.6
59.6

50.3
47.4

17.2
14.4

73.6
70.3

61.6
58.7

Number of farms

1959
1964

20,914
16,473

41,274
36,240

2,073
1,527

73,881
54,901

138,142
109,141

Average farm acreage

1959
1964

173.2
212.8

117.6
126.2

96.2
109.1

134.7
173.2

134.9
162.6

36,828
53,460
34,835
33,742
71,663
87,256

27,194
34,874
89,840
131,624
117,034
166,532

840
935
2,524
2,017
3,364
2,959

291,937
387,531
81,502
80,501
373,439
468,113

356,799
476,800
208,701
247,884
565,501
724,860

Value of products sold by source (& Thousands)
1959
All crops
1964
1959
Livestock and products
1964
1959
All farm products
19642/

_!/ Total includes income from hunting, fishing, and other recreational services.


68
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Federal Reserve Bank of St. Louis

TENNESSEE

TRADE AND RANKING AREAS
THE CHATTANOOGA AREA, with a greater percentage of
manufacturing employment than any other area in Tennessee, leads the
state in textile and fabricated metals jobs. These two industries, plus
chemicals, provide over one-half of the area’s manufacturing jobs.
Although Chattanooga has long been known for her textile and metals
industries, the region’s chemical industry is growing in importance.
East of Chattanooga, the Ducktown copper district mines much of the
South’s copper ore. Many of the farms in the area are operated only
part-time. Poultry and eggs provide the chief source of cash farm
receipts. Despite the dominance of poultry and eggs, livestock pro­
duction is well diversified. Cotton, the chief cash crop, provides about
one-eighth of cash receipts.

KNOXVILLE possesses a diversified economy,
with manufacturing, trade, education, and public adminis­
tration each being important. The city is the site of the
University of Tennessee and headquarters for TVA, and
its location on the Tennessee River supports its develop­
ment as a distribution center.
Apparel and textile
industries account for over 40 percent of manufacturing
employment. Huge atomic energy production and research
facilities give Oak Ridge the state’s highest average
family income. Large aluminum sheet rolling mills are
located in Alcoa and Maryville. East of Knoxville, the
Smoky Mountains National Park provides the focus for a
lively tourist industry. The mountainous land of the
Knoxville area, extending into the Cumberland Plateau
on the west and into the Smoky Mountains on the east, is
best suited for tobacco, the chief cash crop. Livestock
farming is about equally shared among dairy products,
poultry and eggs, and cattle.

Digitized 70
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Federal Reserve Bank of St. Louis

THE NASHVILLE AREA is most diversified, being the
only area in the District where the top four manufacturing indus­
tries account for less than one-half of manufacturing employment.
The city of Nashville maintains a good balance of industrial,
commercial, administrative, and educational activities. Products
include nylon, cellophane, shoes, textiles, apparel, and aircraft.
Outside of Nashville, nonfarm employment depends to a large
extent upon defense and space expenditures. Clarksville and
Murfreesboro rely upon military bases, while Huntsville (Ala.) and
Tullahoma depend upon Redstone Arsenal and Arnold Engineering
Development Center, respectively, for much of their economic
activity. Livestock, dairy farms, cotton, and tobacco provide
nearly three-quarters of the farm cash receipts. Most of the area’s
growth has been concentrated in the urban centers of Nashville
and Huntsville.

THE TRI-CITIES AREA is dotted with small farms dependent upon
tobacco for the cash crop. Cash receipts are about equally shared by crops
and livestock. Bristol strides the state line, with its population about equally
divided between Virginia and Tennessee. Most of its manufacturing is in
work clothes and chemicals. Kingsport has the second highest average family
income in the state because of its chemical industry, which produces synthetic
fibers, plastics, and industrial chemicals. Other industries include paper and
textile mills. Johnson City, which has more of a nonmanufacturing climate,
serves as a wholesale distributing point and medical center for veterans.
Elizabethton, a few miles from Johnson City, has some large rayon factories.


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Federal Reserve Bank of St. Louis

Tennessee
KINGSPORT
;COTI

BR|ST-Q.L

%v>>\Cl*IBORNE

NtWfLLE'X JOHNSON CITY

■m

■

■■■ Trade and Banking Areas

■ Counties Outside the District

R%%*1 Standard Metropolitan Statistical Areas
1.
2.
3.
4.
5.

Chattanooga (Hamilton • Walker, Georgia)
Huntsville (Limestone, Madison, Alabama)
Memphis (Shelby . Crittenden, Arkansas)
Nashville (Davidson, Sumner, Wilson)
Knoxville (Anderson, Blount, Knox)

71

CIVILIAN EMPLOYMENT IN TENNESSEE, 1960
Major Components

Percent

Percent

60

60

40

40

20

20

0

0
TRI-CITIES

NASHVILLE

KNOXVILLE

CHATTANOOGA

TENNESSEE

Percentage Distribution
Chattanooga

Knoxville

Total
Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale and retail trade
Fin., ins., and real estate
Educational services
Public administration
Other

SMSA

Area

SMSA

100.0

100.0

100.0

100.0

7.9
6.2
35.0
14.6
20.4
5.9
15.8
3.1
4.7
3.3
18.1

1.8
5.4
34.6
15.2
19.4
6.5
17.2
4.8
4.4
4.0
21.3

8.3
7.0
30.3
10.7
19.6
5.6
17.7
2.4
6.1
3.2
19.4

2.7
6.7
30.2
9.5
20.7
6.2
19.4
3.1
6.6
3.7
21.4

Tenness
(6th
Distric
part)

Nashville

Huntsvil le

Sullivan

Washington

SMSA

SMSA

Area

County

County

100.0

100.0

100.0

100.0

100.0

100.0

100.0

12.1
7.5
26.0
11.3
14.7
5.6
17.0
3.3
5.3
4.0
19.2

3.4
6.9
23.7
8.6
15.1
7.5
19.6
5.2
5.7
4.8
23.2

12.2
7.9
32.0
24.4
7.6
3.6
16.1
2.0
4.8
5.2
16.2

12.2
6.9
31.7
9.9
21.8
6.0
16.2
2.3
5.1
2.1
17.5

4.4
7.1
38.7
9.9
28.8
6.3
17.3
2.7
4.3
1.8
17.4

10.0
7.4
25.4
9.7
15.7
5.2
18.1
3.0
6.5
2.4
22.0

10.2
7.0
28.6
10.8
17.8
5.8
17.0
3.1
5.5
3.4
19.4

Knoxville

Chattanooga

Area

Tri-Cities

Nashville

Area •

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72
Federal Reserve Bank of St. Louis

MANUFACTURING EMPLOYMENT IN TENNESSEE, 1960
Major Components

Percent

Percent

60

60

, a a a a. A a a a a
■ aaaaaaaFood
&•■»■■
1
.a « a a

40

40

/"Kindred Productsj\

20

Chattanooga

Tri-Cities

Nashville

Knoxville

TENNESSEE

Percentage Distribution
Chattanooga

Knoxville

Chattanooga

Total

Furn., lumber, & wood products
Primary metals
Fabricated metals
Machinery, except electrical
Electrical mach. equip.
Motor vehicle equipment
Transportation equipment
Other durable goods
Food and kindred products
Textile mill products
Apparel
Printing and publishing
Chemicals and allied products
Other nondurables

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Federal Reserve Bank of St. Louis

Tri-Cities

Nashville

Knoxville

Nashvi 1 le

Huntsvi lie

Sullivan

Tennessee
Washington

Area

SMSA

Area

SMSA

Area

SMSA

SMSA

Area

County

County

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

12.6
4.3
13.3
3.2
2.6
0.3
0.7
5.6
6.8
28.4
7.7
2.5
5.9
6.1

6.4
5.6
17.0
4.4
2.0
0.3
1.0
7.4
8.4
28.5
1.9
2.9
9.2
5.0

12.6
10.9
2.6
1.5
1.1
0.3
0.3
6.1
8.9
16.0
8.2
2.9
26.2
2.4

3.4
15.3
2.1
1.5
0.6
0.2
0.1
8.1
9.3
12.9
8.3
3.8
32.2
2.2

8.1
2.6
12.6
2.2
5.3
0.7
4.3
7.6
9.1
5.5
16.8
6.9
7.4
10.9

4.9
0.7
7.1
2.7
7.1
0.9
2.3
10.6
12.2
5.2
7.8
15.0
10.3
13.2

1.6
0.8
56.6
3.8
3.7
0.1
8.7
1.0
5.1
6.7
1.8
2.3
4.3
3.5

8.4
1.0
4.9
2.8
5.2
0.3
0.2
8.2
6.3
9.8
6.0
8.8
32.4
5.7

3.6
1.2
6.6
3.6
0.4
0.4
0.1
9.8
4.9
8.6
6.1
11.4
36.1
7.2

15.0
1.6
4.2
3.3
2.6
0.2
0.2
11.1
9.8
15.9
6.6
4.4
21.3
3.8

(6th District
part)
100.0

10.9
4.3
6.5
2.3
3.9
1.0
1.7
7.5
8.6
i
11.0
12.7 I'
5.7
16.0
7.9

73

POPULATION

INCOME PER RECIPIENT, 1959

Percent

nooga

Dollars

Cities

POPULATION AND INCOME, TENNESSEE
Population (Thousands)

Income

Demographic Characteristics
Percent of
Popul ation
Nonwhite

i

Labor Force
(Thousands)

Aggregate Income
(Millions of
Dol lars)

No. of Income
Recipients-^
(Thousands)

Average Income
Per Recipient
(Dol lars)

1950

I960

1965

1960

1960

1959

1959

1959

2,313

2,484

2,673

10.1

912

3,279

1,182

2,774

Chattanooga Area
Chattanooga SMSA

576
246

615
283

655
311

10.4
17.7

223
109

801
461

286
138

2,803
3,345

Knoxville Area
Knoxville SMSA

624
337

658
368

703
395

6.1
7.6

230
135

844
567

302
174

2,795
3,256

1,145
382
109

1,281
464
154

1,431
521
220

14.1
18.3
19.5

484
185
56

1,732
784
228

624
237
70

2,774
2,738
2,869

297
95
60

319
114
65

341
128
69

2.8
2.6
4.6

113
42
23

409
178
87

146
52
31

2,806
3,415
2,748

Tennessee
(6th District part)

Nashville Area
Nashville SMSA
Huntsville SMSA
Tri-C ities
Sullivan County
Washington County

_!/

Persons 14 years old and over who reported money income during 7959.

NOTE:

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 71.

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Federal Reserve Bank of St. Louis

TENNESSEE’S STATE AND LOCAL GOVERNMENT REVENOE AND EXPENDITURE
1963-64
(Millions of Dollars and Percentages)

TOTAL REVENUE $1,011

TOTAL EXPENDITURE $1,030

Public Welfare
$70 (6.8%)

Health and Hospitals
$85 (8.3%)

Police and Fire
Protection
$44 (4.3%)
Sanitation
$22 (2.1%)

Recreation
$12(1.2%)

75

SELECTED STATISTICS, INSURED COMMERCIAL RANKS, TENNESSEEv
(Number)

(Millions of Dollars)
Deposits

Loans

Banks

Investments

1950

I960

1965

1950

1960

1965

1950

1960

1965

1950

1960

1965

1,275

2,171

3,050

472

1,050

1,682

533

759

1,031

192

197

198

Chattanooga Area
Chattanooga SMSA

285
211

475
334

614
403

93
68

224
166

329
229

130
97

163
101

202
no

44
5

45
5

50
4

Knoxville Area
Knoxville SMSA

272
203

468
324

674
464

71
50

207
142

337
230

144
111

191
133

271
187

39
10

44
11

46
12

Nashville Area
Nashville SMSA
Huntsville SMSA
Tri-Cities Area
Sullivan and
Washington Counties

686
420
27

1,188
720
53

1,755
989
107

307
190
8

595
374
20

1,022
601
59

244
139
11

400
230
24

554
272
36

112
18

114
16

5

112
18
4

no

186

259

36

83

129

44

61

96

17

17

16

71

120

168

23

53

80

29

41

65

9

8

7

State Total-?/

7/ 7950 and 1960 data are December figures; 1965 data, June figures.
Sixth District portion only.

NOTE:

Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 71.


76
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Federal Reserve Bank of St. Louis

7

TRADE AND SERVICES, TENNESSEE
Retail Trade

Chattanooga Area
1958
1963
Chattanooga SMSA
1958
1963

Knoxville Area
1958
1963
Knoxville SMSA
1958
1963

Nashville Area
1958
1963
Nashville SMSA
1958
1963
Huntsville SMSA
1958
1963

Tri-Cities Area
1958
1963
Sullivan County
1958
1963
Washington County
1958
1963

Selected Services

Wholesale Trade

Establish­
ments

Employment I7

6,011
5,940

27,046
27,179

535
653

672
752

5,836
6,898

2,697
2,619

16,095
15,511

328
380

453
512

5,778
5,803

29,161
30,311

536
695

3,031
2,886

19,435
19,865

11,450
12,407

Sales
($ Millions)

Establish­
ments

Employment-1/

501
602

2,833
3,204

6,597
9,041

57
76

4,719
5,561

418
506

1,401
1,665

6,578
7,312

40
53

682
805

7,919
8,590

540
608

2,768
3,462

10,342
15,900

64
89

357
461

505
613

6,502
7,161

446
502

1,711
2,067

7,538
7,701

48
56

57,218
60,908

1,119
1,489

1,404
1,722

15,563
18,619

1,110
1,455

5,317
7,074

20,097
25,334

126
250

3,972
4,033

26,258
25,556

526
624

769
918

11,249
12,641

809
1,041

2,349
2,868

11,326
12,472

78
112

967
1,364

6,029
8,617

132
231

99
183

826
1,731

59
121

465
715

2,079
4,132

12
36

2,572
2,829

13,545
14,367

260
320

295
333

3,676
3,665

417
381

1,062
1,471

4,578
4,932

21
35

858
967

5,789
6,349

111
135

123
144

1,695
1,785

261
219

438
612

1,737
2,325

10
18

571
641

3,214
3,393

60
76

94
107

1,252
1,194

84
83

215
332

898
1,183

5
8

Digitized
FRASER employees and propi ietors.
AyforIncludes
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Federal Reserve Bank of St. Louis

Establish­
ments

Employment-^7

Sales
($ Millions)

Sales
($ Millions)

77

Tennessee

SELECTED AGRICULTURAL STATISTICS
r—
NON-DISTRICT
AREA

7
Type of Farming Area
-....
Highland Rim

Farm population

1950
1960

Approximate land acreage (Thousands)

1959
19641/

Percent of land in farms

Central Basin

Appalachian

Limestone

Non-District
Area

T ennessee

150,686
83,649

192,220
119,036

337,670
178,966

41,091
21,771

294,537
183,322

1,016,204
586,744

5,468
5,425

4,805
4,796

8,393
8,247

1,180
1,174

6,882
6,836

26,728
26,478

1959
1964

54.3
52.3

79.2
75.8

45.2
43.3

54.0
49.4

70.9
67.9

60.2
57.7

Number of farms

1959
1964

23,944
21,003

33,297
29,177

50,235
43,806

5,785
4,899

44,427
34,560

157,688
133,445

Average farm acreage

1959
1964

123.9
135.2

114.3
124.5

75.5
81.4

110.1
118.3

109.8
134.5

102.0
114.4

27,153
31,240
37,939
39,619
65,092
70,988

28,396
34,026
69,475
66,498
97,871
100,577

45,052
51,290
63,043
71,519
108,095
122,956

5,444
4,983
11,234
11,879
16,678
16,870

138,588
161,506
48,233
56,437
186,821
218,012

244,633
283,045
229,923
245,982
474,557
529,448

Value of products sold by source ($ Thousands)
All crops
1959
1964
Livestock and products
1959
1964
All farm products
1959
19641/

7/ Reduced total reflects conversion of land acreages into lakes.
2/ Total includes income from hunting, fishing, and other recreational services.


78
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Federal Reserve Bank of St. Louis

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SOURCES OF DATA

BANKING DATA
Federal Reserve Bank of Atlanta.
CIVILIAN EMPLOYMENT

U. S. Bureau of the Census. Census of Population: 1960. Table 85 in each state book (1961).

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . County and City Data Book. Table 2 (1962).
FARM DATA

Federal Reserve Bank of Atlanta.

U. S. Bureau of the Census. Census of Population: 1960. Table 92 in each state book (1960-63).

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- County and City Data Book. Table 2 (1962).
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . Population Census: 1950. Vol. II, Table 49 in each state book (1952).
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . U. S. Census of Agriculture: 1959. Vol. I (1961).
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . (L

Census of Agriculture: 1964, preliminary county releases.

U. S. Department of Agriculture. Farm Income, State Estimates 1949-65, a Supplement to the July 1966 Farm Income
Situation. Table 18 (August 1966).
MANUFACTURING EMPLOYMENT

U. S. Bureau of the Census. 1963 Census of Manufacturing, Summary Series, General Statistics for States.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . Census of Population: 1960. Table 85 in each state book (1961).
NONMANUFACTURING EMPLOYMENT

State Bureaus of Labor Statistics.

U. S. Bureau of the Census. Census of Population: 1960. Table 85 in each state book (1961).
U. S. Department of Agriculture. Farm Labor (March 10, 1965), pp. 4-6.

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Federal Reserve Bank of St. Louis

79

NUMBER OF INCOME RECIPIENTS AND THEIR INCOMES

U. S. Bureau of the Census. Census of Population: 1960. Table 86 in each state book (1961).

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - . County and City Data Book. Table 2 (1962).
PAYROLL AND PROCUREMENT DATA
Department of Defense. Directorate for Statistical Services (1961-65).

-- -- -- -- -- -- -- -- -- -- -- -- -- -- - . Military Prime Contract Awards, by Region and State. Fiscal years 1962-65.
POPULATION
State Boards of Health (1965).

U. S. Bureau of the Census. Census of Population: 1960. Tables 6 and 87 in each state book (1961).

SOURCES OF INCOME
U. S. Department of Commerce, Office of Business Economics. Survey of Current Business (July 1965), pp. 14-15.
STATE AND LOCAL GOVERNMENT REVENUE AND EXPENDITURE

U. S. Bureau of the Census. Government Finances in 1963^64. Tables 16, 21, and 23 (1965).

TRADE AND BANKING AREA DESCRIPTIONS
Bogue, Donald J. and Beale, Calvin L. Economic Areas of the United States. (New York: Free Press of Glencoe,
1961).

TRADE AND SERVICES

80FRASER
Digitized for
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Federal Reserve Bank of St. Louis

U. S. Department of Commerce. Census of Business, 1958. Vols. II, IV, and VI, Table 102.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - .

Census of Business, 1963. Table 3 in each state book.