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Federal Reserve Bank of St. Louis

RESEARCH LIBRARY

SEP 241973
EEDERAL reserve bank
OF ATLANTA

ECONOMI
CHARACTI
SIXTH
FEDERAL RESERVE
DISTRICT


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Federal Reserve Bank of St. Louis

ECONOMIC CHARACTERISTICS
of the

SIXTH FEDERAL RESERVE DISTRICT

Research Department
Federal Reserve Bank of Atlanta

Atlanta, Georgia
July 1973


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Federal Reserve Bank of St. Louis

Library of Congress Catalog Card Number 73-76781

Table of Contents
Introduction..............................................................................................................................................................................

1

Sixth Federal Reserve District....................................................................................................................................................

2

Sources of Personal Income................................................................................................................................................
Employment......................................................................................................................................................................
Manufacturing......................................................................................................................................................................
Demographic Characteristics.............................................................................................................................. . • • •
State and Local Government Revenues andExpenditures.....................................................
Military and Civilian Personnel and Estimated Annual Payrolls...................................................................................
Department of Defense and NASAPrime Contract Awards.............................................................................................
Trade and Commerce................. •......................................................................................................................................
Types of Farming Areas and Principal Crops................................................................................... ..............................
Selected Agricultural Statistics
By Type of Farming Area.......................................................................................................................................
By Trade and Banking Area . ...................................................................................................................................
Sources of Total Cash Receipts from Farm Marketings................................................................................................

4
5
6
7
g
10
11
12
13

14
16
18

Alabama

Trade and Banking Areas......................................................................................................................................................... 20
Civilian Employment..............................................................................................................................................................22
Manufacturing Employment......................................................................................................................................
23
Population and Income ................................................................................................................................................ . 24
State and Local Government Revenues and Expenditures................................................................................................. 25
Selected Statistics, Insured Commercial Banks.................................................................................................................. 26
Trade and Services..................................................................................................................................
27
Selected Agricultural Statistics.............................................................................................................................................28

Florida
Trade and Banking Areas.........................................................................................................'.........................................30
Civilian Employment.............................................................................................................................................................. 32
Manufacturing Employment................................................................................................................................................. 33
Population and Income......................................................................................................................................................... 34
State and Local Government Revenuesand Expenditures.................................................................................................. 35
Selected Statistics, Insured Commercial Banks................................................................................................................... 36
Trade and Services.............................................................................................................................................................
37
Selected Agricultural Statistics............................................................................................................................................ 38

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Georgia

Trade and Banking Areas.....................................................................................................................................................
Civilian Employment.........................................................................................................................................................
Manufacturing Employment.......................... .................................................................................................................
Population and Income....................................................................................................................................................
State and Local Government Revenues and Expenditures............................................................................................
Selected Statistics, Insured Commercial Banks.............................................................................................................
Trade and Services.............................................................................................................................................................
Selected Agricultural Statistics.......................................................................................................................................

40
42
43
44
45
46
47
48

Louisiana

Trade and Banking Areas....................................................................................................................................................
Civilian Employment.........................................................................................................................................................
Manufacturing Employment............................................................................................................................................
Population and Income....................................................................................................................................................
State and Local Government Revenues and Expenditures............................................................................................
Selected Statistics, Insured Commercial Banks.............................................................................................................
Trade and Services.............................................................................................................................................................
Selected Agricultural Statistics.......................................................................................................................................

50
52
53
54
55
56
57
58

Mississippi

Trade and Banking Areas....................................................................................................................................................
Civilian Employment.........................................................................................................................................................
Manufacturing Employment............................................................................................................................................
Population and Income................................................................................................ .................................................
State and Local Government Revenues and Expenditures............................................................................................
Selected Statistics, Insured Commercial Banks.............................................................................................................
Trade and Services.............................................................................................................................................................
Selected Agricultural Statistics.......................................................................................................................................

60
62
63
64
65
66
67
68

Tennessee

Trade and Banking Areas.....................................................................................................................................................
Civilian Employment.........................................................................................................................................................
Manufacturing Employment............................................................................................................................................
Population and Income...................................................................................................................... ....
State and Local Government Revenues and Expenditures............................................................................................
Selected Statistics, Insured Commercial Banks................................................................. ...........................................
Trade and Services.............................................................................................................................................................
Selected Agricultural Statistics................................................................................................
Data Description and Source........................................................................................................................................* . .

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70
72
73
74
75
76
77
78
79

Introduction
In analyzing the mutual relationship between economic developments and monetary and credit policy, the Research
Department of the Federal Reserve Bank of Atlanta continuously depends upon economic information drawn from all parts
of the Sixth Federal Reserve District. Local economic forces 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 the states of Alabama, Florida, Georgia, and parts of Louisiana,
Mississippi, and Tennessee. The latest data available at the time of publication are presented for each state by trade and
banking area - a region having relatively homogeneous characteristics - and by Standard Metropolitan Statistical Area - a
county or group of counties containing a central city and the contiguous counties which are economically and socially inte­
grated with the central city. If a trade and banking area does not contain an SMSA, data for a major county within the area
are presented. Only those areas designated as an SMSA on or before November 4, 1971, are recognized in this publication.
Maps of the District and its states depict these trade and banking areas and SMSA’s and short descriptive paragraphs discuss
the economic character of 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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1

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, its branches in Birmingham, Jacksonville, Nashville, and
New Orleans, and its facility in Miami.
The District is moderately well populated. Florida is the
nation’s ninth largest state; other District states generally fall in
the mid-range of state populations. The area contains four of the
thirty-three Standard Metropolitan Statistical Areas in the nation
with over one million population. Atlanta ranks as the largest
metropolitan area followed by Miami, New Orleans, and TampaSt. Petersburg. New Orleans, the area’s largest city, ranked nine­
teenth among the nation’s cities in 1970. In the Sixties, popula­
tion growth in the District states exceeded that of the nation as a
whole for the second consecutive decade. Florida maintained a
population growth rate nearly three times the national rate;
Georgia also grew at a faster rate than nationally. Mississippi
showed a population gain for the first time in three decades.
Urban population grew considerably, but the area still remains
below the national average.
Several agricultural enterprises have grown significantly
during the past decade. Although cotton was still “King” as
recently as 1964, receipts from several livestock enterprises now
exceed cotton’s level and the poultry industry has emerged as
the new “King” of District agriculture. Receipts from poultry
and eggs were two and one-half times larger than District income
from cotton, the leading crop, in 1970. Receipts from soybeans,
a relative newcomer, and citrus products were close seconds to
cotton, and vegetable crops were not far behind. The region now
claims three-fourths of the nation’s citrus production, threefifths of the peanut output, and growing shares of truck crops,
soybeans, dairy products, and cattle and calves. In 1970, Georgia
led the nation in cash receipts from peanuts, ranked second in
eggs and broilers, and third in tobacco and forest products.
Florida ranked first in citrus production and second in tomatoes
and greenhouse and nursery crops. Mississippi ranked second in
income from cotton while Louisiana ranked second and third,
respectively, in income from sugarcane and rice. Alabama was
the third most important state in broiler production.
Expansion in cash incomes has occurred despite greatly
reduced farm employment. In 1969, the number of farms had
2

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Federal Reserve Bank of St. Louis

declined to about two-fifths of the 1950 level. Meanwhile, farm
size expanded to an average of 265 acres, and investment per
farm exceeds $54,000.
_________________
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’s. Much of the manufacturing
is centered around the District’s natural resources and readily
available labor. The apparel and food processing industries are
the area’s first and second most important employers, respectively.
By 1967, the more capital-intensive chemical industry had become
the most important manufacturer in terms of value added and
payrolls. The textile, lumber, and paper industries are other im­
portant manufacturers with close ties to the area’s natural re­
sources and labor supplies.
Traditionally, the area’s manufacturing has consisted of
low-wage industries with low capital requirements. In the Sixties,
however, manufacturing growth was broadly spread over both
high- and low-wage manufacturing industries. The rising impor­
tance of chemical and transportation equipment manufacturing
points out the growth of high-wage, capital-intensive industries. The
machinery and rubber industries have also grown rapidly. In the
Sixties, much of the growth of manufacturing took place in
nonmetropolitan areas.
Employment outside the manufacturing sector accounts
for over three-quarters of nonfarm employment in the District
states. Services, state and local government, finance, insurance,
and real estate all showed rates of employment increases greater
than the manufacturing sector. Trade employment also rose
rapidly in the Sixties.
Over half the mining jobs in the District are in Louisiana
and are mainly connected with oil and gas production along the
Gulf Coast. Bituminous coal mining jobs have decreased since
World War II; today only about 7,000 such jobs remain in the
six states.
National defense serves as one of the District’s larger
“industries.” Although declining somewhat in the late Sixties,
369,400 persons either served on active duty or civilian payrolls
of the Defense Department in 1970. Many other people have
defense-related jobs.
The District has an ample supply of water. The Mississippi
and Tennessee Rivers provide navigation, irrigation, and electri­
cal power. Five of the six states have major seaports.


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CIIIIHMH ARKANSAS

AKIN SOUTH CABUIINA

Sixth Federal Reserve District
District Boundaries

Trade and Banking Areas

Sources of Personal Income, 1970
(Millions of Dollars)
Alabama

Florida

9,832

24,938

15,345

11,130

5,706

12,128

79,079

6,693
5,001
38
69
346
2,098
433
979
259
763
15
1,692

15,618
12,079
232
67
1,432
2,365
1,312
3,144
958
2,505
64
3,539

10,791
8,258
50
51
549
2,991
898
1,988
554
1,137
40
2,533

7,226
5,680
37
486
605
1,360
723
1,262
315
873
20
1,546

3,472
2,626
60
52
206
1,037
221
511
135
391
12
846

8,152
6,583
37
47
421
2,899
515
1,339
354
960
12
1,569

51,952
40,227
454
772
3,559
12,750
4,102
9,223
2,575
6,629
163
11,725

Other Labor Income

392

737

587

398

208

495

2,817

Proprietor’s Income
Farm Proprietors
Nonfarm Proprietors

857
306
551

1,944
409
1,535

1,357
437
920

1,045
309
736

856
483
373

1,152
287
865

7,211
2,231
4,980

Property Income

1,127

4,397

1,771

1,610

642

1,459

11,006

Transfer Payments

1,122

3,003

1,359

1,216

716

1,303

8,719

359

760

521

365

188

434

2,627

Total Personal Income
Total Wages and Salaries
All Private Wages and Salaries
Farm wage
Mining
Construction
Manufacturing
Trans., comm. & public utilities
Trade
Finance, insurance & real estate
Services
Other
Total Government

Personal Contributions

4


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Georgia

Louisiana

Mississippi

Tennessee

Six States

Employment 1970
AVERAGE NUMBER EMPLOYED
(Thousands)
Total

Agriculture and Miscellaneous2

Alabama
1,248

Florida
2,666

Georgia
1,862

Louisiana
1,287

Mississippi
789

Tennessee
1,631

Six States L
9,483

241

510

308

241

212

304

1,816

1,007

2,156

1,554

1,046

577

1,328

7,668

324

324

462

176

181

466

1,934

Durable Goods
Lumber and furniture
Stone, clay, and glass
Primary metals
Fabricated metals
Transportation equipment

157
24
9
48
19
24

171
23
17
3
22
35

155
35
14
8
17
47

78
18
8
5
10
19

94
36
6
11

15

193
40
14
20
28
17

848
175
67
95
96
156

Nondurable Goods
Food and kindred products
Textile mill products
Apparel and related products
Paper and allied products
Printing and publishing
Chemicals and allied products

167
27
44
45
18
8
13

153
47

97
31

23
19
25
21

307
52
115
69
25
15
13

9
16
7
23

88
19
6
38
7
3
5

274
36
36
67
14
21
61

1,087
212
202
252
99
79
137

Nonmanufacturing
Mining
Construction
Trade
Government
Federal
State and local
Trans., comm., and public utilities
Services
Finance, ins., and real estate

682
8
48
190
208
60
149
55
131
41

1,831
8
172
567
399
77
322
155
397
132

1,092
7
76
331
298
83
214
107
187
78

870
51
74
229
216
31
186
93
158
49

395
6
33
106
131
23
109
30
67
21

861
7
62
258
227
48
178
67
183
58

5,731
88
467
1,681
1,480
322
1,158
507
1,123
379

Nonagriculture

Manufacturing

3

3

3

1 Categories not shown separately excluded from six-state total.
J
L Miscellaneous includes self-employed persons, domestics, and unpaid family workers.
3 Not available separately.


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Federal Reserve Bank of St. Louis

5

MANUFACTURING, 1967

TOTAL1
Durable Goods
Lumber and Wood
Furniture and Fixtures
Stone, Clay, Glass
Primary Metals
Fabricated Metals
Machinery, except
electrical
Electrical Machinery
Transportation
Equipment

Nondurable Goods
Food
Textiles
Apparel
Paper
Printing and Publishing
Chemicals

Total
Employment
(1,000)

Six-State
Employees
as Percent
of U. S.

1,740

9.0

100.0

9,627

21,239

101
55
61
75
92

18.2
12.9
10.3
5.9
6.9

5.8
3.2
3.5
4.3
5.3

403
238
347
528
546

751
442
817
1,106
1,070

61
83

3.3
4.4

3.5
4.8

377
474

130

7.1

7.5

190
1892
237
87
65
121

11.5
20.3
17.5
13.6
6.3
14.4

10.9
10.9
13.6
5.0
3.7
7.0

Percent of
Total
Manufacturing
Employment

Payrolls
Value Added
($ Millions) ($ Millions)


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Federal Reserve Bank of St. Louis

2,533

Total
Establishments
(Number)

Percent Change
1967 from 1963

Em­
ployees

Value
Added

31317

+22.9

+50.0

89
18
953
148
72

9,102
1,118
1,881
378
1,870

- 5.6
+23.2
+ 7.0
+17.7
+34.9

+31.5
+54.5
+21.6
+35.9
+65.9

816
1,080

61
98

1,933
549

+56.5
+73.4

+93.4
+97.8

939

1,658

95

981

+43.0

+62.4

961
8452
802
618
384
877

2,515
1,6372
1,405
1,274
746
3,185

182
1812
34
358
63
771

3,642
765
1,726
478
3,162
1,319

+ 5.7
+13.5
+25.4
+13.4
+20.8
+24.5

+26.2
+53.1
+47.6
+13.5
+44.3
+48.1

^The sum of the industry figures does not equal the total because data for some industries are not available for all states.
^Does not include Louisiana, since data are withheld for disclosure reasons.
3Does not include Mississippi, since data are withheld for disclosure reasons.

6

Capital
Expenditures
($ Millions)

DEMOGRAPHIC CHARACTERISTICS. 1970

Alabama

Florida

3,444

6,789

2,013
1,209
222

Percent nonwhite
Median school years completed
(25 years of age and over)
Total school enrollment

Georgia

Louisiana

Mississippi

4,590

3,6431/

5,467
1,173
149

2,767
1,569
254

26.6

15.9

10.8

Tennessee

Six States

2,217

3,924

24,607

2,408
1,062
171

987
968
262

2,307
1,224
393

15,949
7,205
1,451

26.2

30.2

37.2

16.3

23.4

12.1

10.8

10.7

10.4

10.4

11.2

964

1,777

1,267

1,096

659

1,044

6,807

1,282

2,621

1,886

1,262

779

1,551

9,381

Percentage Distribution of Total Employed
White collar
Professional, technical, and kindred
Clerical and kindred
Managers, officials, and proprietors
Sales workers

40.7
12.4
14.0
7.8
6.5

49.8
13.8
17.9
9.4
8.7

43.7
12.0
16.4
8.4
6.9

45.3
13.9
15.6
9.0
6.8

38.5
12.2
12.5
8.0
5.8

41.4
12.3
14.9
7.7
6.5

44.4
12.9
15.8
8.5
7.2

Blue collar
Craftsmen, foremen, and kindred
Operatives and kindred

36.7
15.2
21.5

26.8
14.5
12.3

34.8
13.9
20.9

30.1
14.5
15.6

35.3
13.7
21.6

37.2
14.2
23.0

32.6
14.3
18.3

Farm
Private household workers
Service workers
Laborers

3.2
3.5
9.8
6.1

3.2
2.5
12.5
5.2

3.5
3.3
9.5
5.2

3.2
3.8
11.5
6.1

6.4
4.1
9.8
5.8

3.8
2.3
10.2
5.1

3.6
3.1
10.8
5.5

Total Employed (Thousands)

1,193

2,426

1,747

1,158

719

1,458

8,701

Total Population (Thousands)

Urban
Rural nonfarm
Rural farm

Population working (labor force)

Total population includes latest revisions.


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7

State and Local Governmenl
FiSCdl YCBI

DOLLARS PER CAPITA
Tennessee

Six State
Average

U.S.
Average

518.30

473.64

520.69

643.47

119.72

126.04

106.15

108.54

107.56

423.10
311.80
95.20
216.59
111.29

463.29
331.01
65.42
265.59
132.28

392.26
295.75
71.16
224.59
96.51

367.49
279.35
76.89
202.45
88.14

412.15
303.94
77.67
226.26
108.21

535.91
427.14
167.59
259.55
108.77

527.57

547.00

564.87

523.59

497.28

527.51

646.31

200.29
124.28
59.33
16.67

228.96
171.74
47.94
9.27

227.42
158.90
58.26
10.25

209.39
146.80
55.19
7.40

195.91
127.28
58.45
10.17

200.53
136.13
52.47
11.93

210.42
144.19
55.27
10.95

259.43
184.35
63.60
11.47

Highways

78.57

58.09

62.51

94.10

92.97

77.61

77.31

80.84

Public welfare

61.03

31.74

54.82

68.68

49.18

40.44

50.98

72.24

Health and hospitals

40.41

46.72

63.43

44.04

45.12

43.61

47.22

47.57

Police and fire protection

17.60

27.88

18.97

23.88

16.26

21.29

20.98

32.06

Sanitation

10.09

17.81

11.62

17.64

7.73

13.10

13.00

16.79

Recreation

4.14

10.58

4.02

4.92

1.79

6.03

5.25

9.29

Financial administration

5.59

9.47

7.57

6.87

5.35

6.67

6.92

9.98

General control

7.02

15.88

10.57

9.81

7.84

8.97

10.02

13.05

Interest on general debt

23.39

17.33

18.12

28.43

18.87

18.61

20.79

21.52

All other

56.58

63.04

67.90

57.03

82.50

60.38

64.57

83.48

Louisiana

Mississippi

522.47

583.01

68.70

99.37

368.72
258.73
39.35
219.38
109.98

458.02
346.97
117.99
228.98
111.05

504.76

Alabama

Florida

Georgia

500.00

526.72

From Federal Government

131.28

From own sources
Taxes, total
Property
Other
Miscellaneous

Total Revenue

Total Expenditure
Education
Local schools
Higher education
Other education

Digitized for
8 FRASER
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Federal Reserve Bank of St. Louis

Revenues and Expenditures
1969-70

PER $1,000 OF PERSONAL INCOME
Tennessee

Six State
Average

219.53

166.11

184.41

175.60

41.89

53.38

37.22

39.15

29.35

136.24
100.40
30.66
69.75
35.84

162.08
115.81
22.89
92.92
46.28

166.14
125.28
30.15
95.13
40.89

128.89
97.97
26.96
71.01
30.91

145.25
107.07
26.88
80.19
38.19

146.25
116.57
45.74
70.83
29.68

159.93

176.14

197.63

221.78

174.40

186.76

176.38

75.67
46.96
22.42
6.30

69.41
52.06
14.53
2.81

73.23
51.17
18.76
3.30

73.25
51.36
19.31
2.59

82.98
53.92
24.76
4.32

70.33
47.74
18.40
4.18

74.15
50.54
19.70
3.92

70.80
50.31
17.36
3.13

29.68

17.61

20.13

32.92

39.38

27.22

27.82

22.06

23.06

9.62

17.65

24.03

20.83

.14.18

18.23

19.71

15.27

14.17

20.42

15.40

19.11

15.30

16.61

12.98

6.65

8.46

6.11

8.36

6.90

7.46

7.32

8.75

3.81

5.40

3.75

6.18

3.29

4.59

4.50

4.58

1.57

3.21

1.30

1.73

.76

2.12

1.78

2.54

2.12

2.88

2.44

2.41

2.27

2.34

2.41

2.73

2.65

4.81

3.40

3.44

3.32

3.15

3.46

3.56

8.84

5.26

5.84

9.95

7.99

6.52

7.40

5.87

21.38

19.11

21.86

19.96

34.94

21.17

23.07

22.78

Georgia

Louisiana

Alabama

Florida

188.90

159.68

168.24

203.97

49.60

20.83

32.00

139.30
97.75
14.86
82.89
41.55

138.85
105.18
35.77
69.41
33.67

190.70


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

Mississippi

U. S.
Average

9

Department of Defense
Military and Civilian Personnel and Their Estimated Annual Payrol
Fiscal Years 1967-70
Alabama
Military Personnel
Number
(Thousands)

Payrolls
($ Millions)

Civilian Personnel
Number
(Thousands)

Payrolls
($ Millions)

Total Personnel
Number
(Thousands)

Payrolls
($ Millions)


10
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Florida

Georgia

Louisiana

Mississippi

Tennessee

Six States

1967
1968
1969
1970

31.1
32.5
32.3
30.3

71.8
77.7
77.7
76.3

94.9
106.4
106.1
76.5

35.8
41.5
40.5
33.8

22.2
22.6
26.1
19.9

20.4
20.4
19.5
14.9

276.2
301.1
302.2
251.7

1967
1968
1969
1970

244.0
270.0
288.0
314.0

598.0
651.0
678.0
751.0

620.0
685.0
723.0
678.0

234.0
254.0
262.0
268.0

145.0
168.0
200.0
178.0

140.0
149.0
152.0
145.0

1,981.0
2,177.0
' 2,303.0
2,334.0

1967
1968
1969
1970

31.3
28.2
26.9
23.9

31.7
33.3
33.5
30.0

44.9
45.4
44.5
40.1

8.5
8.3
8.6
7.8

7.4
7.8
8.6
8.3

7.5
7.7
8.4
7.6

. 31 .j
131.3
130.7
130.5
117.7

1967
1968
1969
1970

235.8
238.8
256.4
267.6

239.0
267.5
281.4
290.7

282.2
302.3
330.3
364.3

56.3
57.7
67.8'
71.9

52.9
56.7
71.0
78.5

62.3
68.4
81.6
83.9

928.5
991.4
1,088.5
1,156.9

1967
1968
1969
1970

62.4
60.8
59.2
54.2

103.5
111.0
111.1
106.3

139.8
151.8
150.6
116.6

44.3
49.8
49.1
41.6

29.7
30.4
34.7
28.2

27.9
28.1
27.9
22.5

407.6
431.9
432.6
369.4

1967
1968
1969
1970

479.8
508.8
544.4
581.6

837.0
918.5
959.4
1,041.7

902.2
987.3
1,053.3
1,042.3

290.3
311.7
329.8
339.9

197.9
224.7
271.0
256.5

202.3
217.4
233.6
228.9

2,909.5
3,168.4
3,391.5
3,490.9

‘

MILITARY AND CIVILIAN PAYROLLS, 1970

DEPT. OF DEFENSE AND NASA PRIME CONTRACT AWARDS, 1970
Million $

Million $

Department of Defense and NASA Prime Contract Awards
Fiscal (Millions
Years
1966-70
of Dollars)
Alabama

Florida

Georgia

281.5
297.1
409.2
407.7
316.0

767.0
799.0
975.8
964.5
848.8

799.4
1,148.4
964.2
932.9
949.2

319.2
241.2
197.7
139.2
155.0

195.8
289.2
336.6
403.6
295.4

4.6
4.7
3.5
2.0
3.6

Mississippi

Tennessee

Six States

United States

302.9
656.0
460.5
389.9
229.3

162.3
114.8
369.2
218.3
509.1

502.2
538.2
541.6
485.6
399.4

2,815.3
3,553.5
3,720.5
3,399.0
3,251.8

31,713.0
37,382.0
37,248.1
35,248.8
29,776.7

338.5
272.3
232.2
136.6
109.1

5.0
3.6
1.7
2.7
2.0

1.9
1.6
1.0
1.6
1.6

865.0
812.6
772.7
685.7
566.7

4,127.0
3,943.5
3,498.5
3,065.9
2,831.0

Louisiana

Department
of Defense
1966
1967
1968
1969
1970
NASA

1966
1967
1968
1969
1970


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

11

Trade and Commerce
Alabama
1963

Retail Trade
Establishments
Employees and proprietors
Sales ($ Millions)

Florida

1967

29,065 28,752
137,862 153,788
3,253
4,120

Wholesale Trade
Establishments
Employees and proprietors
Sales ($ Millions)

3,935
40,440
3,395

4,253
46,120
4,437

Selected Services
Establishments
Employees and proprietors
Receipts ($ Millions)

13,752
50,900
363

14,782
57,110
574

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

1,309
2,557
920

1,425
3,871
1,677

371
129
242
97
145
67
78

471
205
266
110
156
90
66

Total Number
Banking offices
Branches
Banks
Member
Nonmember
Par
Nonpar


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

Georgia

Mississippi

Louisiana

Tennessee

1967

1963

1967

1963

1967

1963

1967

53,293 58,727 36,987
309,720 382,944 190,652
7,610 10,280
4,570

38,992
125,959
6,175

24,609
141,993
3,391

30,597
173,922
4,759

19,167
80,721
1,914

20,543
91,349
2,524

33,226
170,672
4,009

34,273
195,374
5,283

8,896
9,650
6,530
95,735 115,283 • 75,275
7,487 10,303
8,100

6,941
88,557
11,459

4,852
50,599
4,598

5,243
59,493
6,559

2,544
21,347
1,787

2,623
23,672
2,309

5,100
60,479
6,677

5,381
69,506
8,628

1963

1967

1963

39,491 46,358
165,996 215,198
1,492
2,275

19,625
77,637
634

22,527
92,126
967

12,722
60,345
476

18,193
70,122
688

9,056
29,737
201

9,997
31,428
279

18,853
77,098
585

20,870
83,259
883

2,826
6,030
2,184

4,766
9,682
4,261

2,065
3,608
1,142

3,358
5,727
2,356

1,629
3,459
1,017

2,723
5,284
2,031

828
1,679
539

1,351
2,435
926

2,306
4,192
1,675

3,427
5,839
2,576

395
16
379
171
208
169
39

448
3
445
208
237
208
29

583
160
423
70
353
82
271

645
219
426
73
353
124
229

419
220
199
55
144
40
104

529
303
226
57
169
67
102

371
177
194
36
158
24
134

466
278
188
42
146
43
103

565
272
293
82
211,
141
70

697
399
298
87
211
155
56

•.

Types of Farming Areas
and

Principal Crops

TYPES OF FARMING AREAS

PRINCIPAL CROPS

Citrus.............................................. Primarily oranges, grapefruit; also vegetables, beef cattle.
- ;
Gulf Truck.................Vegetables; also dairying.
Winter Truck............. ................... Vegetables, sugarcane, cattle and some citrus.
Highland Rim................................. Livestock, dairying, general farming, small grains, tobacco.
Central Basin................................. Livestock, dairying, general farming.
Appalachian.................................... Small general farms, patches of tobacco.
Flatwoods........................................ Forest products, turpentine, truck crops, cotton.
Alabama-Mississippi Timber . . . . Woodland products, cotton, grazing of livestock.
Sand Mountain................................. Cotton (small farms, intense cultivation).
Piedmont........................................Cotton, some livestock (heavy clay soils, small farms).
Upper Coastal Plain...................... Cotton; some peanuts, peaches, truck crops, pecans.
Lower Coastal Plain....................... Livestock, cotton, tobacco, hogs, peanuts; some timber, truck crops, melons.
Blackbelt........................................ Shifting from cotton to livestock--both beef and dairy (heavy clay soils).
Silt Loam........................................Cotton, livestock.
Limestone................................. . . 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.


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

13

Selected Agricultural Statistics
Type of Fanning Area

Farm Population
1960

1970

Average Value of Land
And Buildings Per Farm
1964
1969

1. Citrus

39,849

70,309

2. Gulf Truck

38,812

• 45,837

3. Winter Truck1

8,248

18,379

211,413

323,879

4. Highland Rim

83,649

: 61,118

18,354

5. Central Basin

119,036

84,081

6. Appalachian

193,648

Number of Farms With:

Less than 500 Acres
1964
1969

500 Acres or More
1964
1969

Average Acreage Per Farm
1964

1969

18,948

16,325

1,697

1,715

392.6

379.8

13,643

8,075

443

432

112.4

151.8

3,283

3,019

555

666

735.5

850.2

30,572

20,286

18,479

717

712

135.2

141.1

19,680

32,324

28,442

26,944

808

124.5

130.1

150,182

17,495

26,920

48,104

44,192

735
? 683

628

83.3

83.9

30,078

33,786

49,470

64,697

7,370

6,684

927

873

333.4

325.5

139,416

76,063

16,381

30,658

38,017

24,144

1,351

1310

133.2

159.1

63,458

32,876

15,008

23,464

13,303

12,691

170

190

82.0

88.1

10. Piedmont

132,549

91,978

-. 22,582

47,122

32,723

23,793

2,065

1,855

162.8

181.0

11. Upper Coastal Plain

121,947

62,094

20,680

40,327 ,

23,993

18,023

2,097

1,973

207.5

234.0

12. Lower Coastal Plain1

136,127

101,835

31,760

53,505

26,457

22,436

2391

2,485

225.0

240.1

13. Blackbelt

66,113

26,904

23,918

53,694

12,939

7,735

1,523

1,484

236.6

323.5

14. Silt Loam

79,728

43,853

29,679

65,900

17,153

10,845

1,644

1,599

212.2

293.3

15. Limestone

143,611

89,353

22,948

39,985

29,748

25,529

1,327

1,433 .

136.2

150.1

16. Rice

33,205

32,876

55,186

87,269

9,879

7,093

1,141

1,213

234.8

284.7

17. Sugarcane

75,012

56,525

43,505

76,682

16,004

11,149

763

929

137.9

185.8

158,627

77,741

30,931

24,075
■' • ■ " ’ •

19,683

3,163

3,132

263.4

295.8

1,663,113

1,155,790

32,490

57,613
?' • - ; ••
53,252

384,579

306,837

23,443

23,351

180.2

200.9

7. Flatwoods
8. Ala—Miss. Timber

9. Sand Mountain

18. Peanut

Sixth District2

144,113

164,584

27,853

53,431

.

1

?-.»i ■
'■ -

^May be understated because data withheld to avoid disclosure.
^Sum of area totals does not equal Sixth District total because data withheld to avoid disclosure in some areas.
3Expenditures reported in both 1964 and 1969.
4Includes expenditures for agricultural chemicals and farm supplies not reported in the 1964 Census.

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

by Type of Farming Area
Acreage by Type of Operator
Full Owner

1964

1969

Crops as % Total

Tenant

1964

1969

Value of Products Sold
Livestock as % Total

1964

1969

1964

1969

Farm Expenditures ($ Thous.)

Total ($ Thous.)
1964

1969

1964

19693

19694

2,883,477

4,082,018

369,885

638,406

77.7

62.8

22.3

37.2

586,726

590,012

268,394

350,126

• 513,375

848,730

714,257

103,500

75,781

40.8

28.8

59.2

71.2

78,803

101,840

45,891

66,204

91,267

620,843

1,321,929

260,684

466,072

83.7

81.9

16.3

18.1

243,936

344,428

130,598

186,198

308,476

1,892,335

2,020,010

191,288

112,979

43.0

29.0

57.0

71.0

69,454

100,346

35,217

56,465

80,087

2,338,754

2,621,408

354,947

202,977

33.4

22.7

66.6

77.3

99,773

132,047

49,640

72,697

104,645

2,801,750

2,848,123

245,373

147,543

30.0

23.8

70.0

76.2

170,873

225,300

104,652

138,082

180,975

1,293,289

1,365,0471

195,200

186,7831

46.7

29.1

53.3

70.9

63,937

108,085

44,034

74,089

99,834

3,708,121

2,991,035

220,560

98,265

20.4

7.2

79.6

92.8

167,648

214,438

128,578

166,830

196,876

668,943

810,604

119,119

45,463

27.7

10.1

72.3

89.9

110,318

175,103

78,852

134,871

153,446

3,638,324

3,271,631

484,208

190,322

12.4

6.2

87.6

93.8

257,366

334,634

196,013

259,975

310,370

2,903,277

2,696,925

455,904

274,613

46.1

31.3

53.9

68.7

165,752

198,627

102,469

138,218

187,443

3,257,066

3,655,756

508,105

324,281

64.6

47.2

35.4

52.8

236,738

333,636

131,607

205,561

294,489

1,411,676

1,374,740

329,639

243,294

38.5

27.6

61.5

72.4

60,822

72,883

36,736

48,696

68,948

1,894,566

1,715,606

384,011

278,946

57.6

41.8

42.4

58.2

94,420

113,296

45,663

72,156

111,991

2,216,569

2,382,890

501,084

315,348

40.0

23.2

60.0

76.8

200,012

219,750

116,197

152,126

200,819

601,622

602,138

429,884

463,144

80.7

78.0

19.3

22.0

98,376

113,620

34,373

51,132

85,624

637,688

735,516

440,107

461,632

82.7

78.3

17.3

21.7

103,664

130,645

50,251

59,834

107,277

2,965,047

3,274,290

762,748

532,855

68.3

55.8

31.7

44.2

275,856

338,392

142,729

194,693

298,185

36,600,096

38,492,050

6,314,954

5,041,187

54.3

41.5

45.7-

58.5

3,084,668

3,848,138

1,742,157

2,428,103

3,394,326


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

15

Selected Agricultural Statistics
Trade and Banking Area

Farm Population
1970

Average Value of Land
And Buildings Per Farm
1964
1969

Number of Farms With:

Less than 500 acres
1964
1969

500 Acres or More
1964
1969

Average Acres Per Farm
1964

1969

ALABAMA
Anniston-Gadsden
Birmingham
Dothan
Florence-Huntsville
Mobile
Montgomery

1960
402,855
23,909
101,788
45,049
97,420
53,970
73,372

222,196
14,302
60,713
22,804
52,073
37,839
33,984

20,552
16,105
15,388
20,800
22,337
23,545
23,443

37,596
26,844
28,768
39,911
37,419
44,791
48,952

87,111
5,556
24,792
8,517
19,418
14,188
14,726

67,139
4,586
19,235
7,178
17,652
9,129
9,521

5,419
173
842
684
868
1,138
1,583

5,352
176
809
655
962
1,094
1,505

164.5
123.7
122.3
200.7
136.0
194.6
225.2

188.3
136.8
135.8
223.5
149.8
238.8
293.1

FLORIDA
Jacksonville
Miami1
Orlando
Pensacola1
Tampa-St. Petersburg

105,440
32,945
7,326
15,240
25,955
23,974

149,615
38,385
17,146
29,747
23,983
40,354

109,055
46,304
288,449
133,489
26,506
131,323

139,818
69,823
385,215
163,762
42,506
151,693

36,790
7,715
2,927
8,655
6,667
10,614

31,734
7,128
2,759
7,086
5,295
9,458

3,752
1,028
511
725
466
971

3,852
1,036
594
702
473
1,043

380.1
377.1
804.3
362.0
187.9
389.1

394.3
366.1
831.6
379.0
210.4
389.0

GEORGIA
Atlanta
Augusta
Columbus
Macon
Savannah
South Georgia

407,268
116,406
42,415
16,101
93,804
30,633
111,809

253,539
86,007
20,903
9,843
48,174
20,586
70,437

29,155
22,840
23,137
22,475
36,063
32,101
37,563

54,884
46,761
50,903
49,225
63,488
49,083
65,561

76,111
30,088
6,957
3,476
12,793
5,576
17,201

60,444
22,480
5,064
2,347
10,988
4,587
14,838

7,255
1,403
906
410
2,077
606
2,019

6,987
1,234
840
405
2,031
586
2,066

214.6
140.1
244.0
237.9
298.9
246.8
257.0

234.4
150.4
285.4
289.1
316.1
250.2
271.8

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

233,101
36,288
19,526
62,505
21,053

170,502
30,135
17,602
49,039
22,517

38,636
39,853
41,342
47,736
33,463

74,414
69,401
100,484
78,681
68,339

58,534
10,798
6,935
12,516
6,870

37,839
7,621
3,586
9,134
4,066

3,932
947
428
726
209

4,430
1,022
427
884
182

166.7
197.4
152.6
150.8
115.2

231.6
244.8
255.7
193.9
145.5

MISSISSIPPI
Hattiesburg-Laurel-Meridian
Jackson
Natchez

542,836
75,420
103,234
25,089

261,492
44,183
49,847
16,323

24,322
16,218
19,313
32,259

51,611
30,583
39,324
70,345

102,630
21,563
23,367
5,232

66,046
13,359
15,430
3,347

6,515
714
1,151
686

6,531
670
1,100
649

162.6
130.8
142.5
282.2

221.0
159.0
186.6
370.6

TENNESSEE
Chattanooga
Knoxville
Nashville
Tri-Cities

586,744
77,912
90,954
184,372
64,644

392,503
51,289
69,985
128,584
49,006

20,509
18,740
16,783
19,506
18,591

33,176
31,202
25,495
32,319
26,059

129,806
17,379
22,094
42,008
15,739

117,355
15,607
20,319
38,541
15,809

3,639
533
270
1,217
101

4,051
572
251
1,255
114

114.4
122.5
81.3
127.5
63.1

124.0
127.0
85.0
132.5
62.4

2,278,244

1,449,847

31,752

54,209

490,982

380,557

30,512

31,203

176.3

204.9

SIX-STATE TOTAL

1 May be understated because of data withheld to avoid disclosure.
2Sum of areas may not equal state totals because of rounding.


16
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Federal Reserve Bank of St. Louis

by Trade and Banking Area
Acreage bv Tvue ofOnerator fThous.V
Full Owner
Tenant
1964
1969
1969
1964

Crops as % Total
1964
1969

Value of Products Sold
Livestock as % Total
1964
1969

Farm Expenditures ($ Thous.)
Total ($ Thous.)3
1964

1969

1964

19693

1969 4

7,555.0
480.1
1,865.0
781.7
1,378.3
1,523.9
1,619.5

7,593.8
464.4
1,842.2
900.5
1,576.9
1,342.4
1,563.2

1,533.7
67.0
294.8
259.3
361.7
160.3
350.3

905.6
30.4
120.0
133.7
237.1
121.5
223.9

44.0
31.0
26.9
63.3
56.1
62.4
40.5

26.1
15.0
11.6
48.7
31.8
45.6
28.1

56.0
69.0
73.1
36.7
43.9
37.6
59.5

73.9
85.0
88.4
51.3
68.2
54.4
71.9

523,689
33,330
159,332
56,856
104,447
59,197
82,388

658,696
40,872
221,109
71,660
113,857
71,573
101,900

325,231
23,663
113,045
31,051
50,631
33,886
51,695

461,397
30,547
169,109
42,018
74,493
46,116
68,842

598,998
37,036
199,399
61,362
104,915
68,056
94,602

5,475.3
1,298.5
772.5
1,172.6
717.0
1,496.7

7,679.1
1,582.7
1,197.8
1,693.9
758.2
2,442.5

830.4
240.5
224.8
172.2
55.6
178.6

1,342.4
238.3
418.3
257.4
41.0
405.7

76.3
46.5
82.9
84.4
55.1
77.8

65.0
30.3
79.1
69.4
58.1
64.6

23.7
53.5
17.1
15.6
44.9
22.2

35.0
69.7
20.9
30.6
41.9
35.4

948,811
109,044
276,891
235,793
43,176
283,712

1,125,375
152,409
349,989
243,057
72,024
306,839

476,697
65,410
144,651
104,328
30,749
131,356

660,439
107,194
190,991
140,614
42,904
178,584

997,789
144,075
317,457
208,225
64,374
263,660

9,604.4
2,920.8
958.1
532.0
2,174.7
788.8
2,308.5

9,461.2
2,612.0
913.6
520.0
2,125.9
766.31
2,618.8

1,612.3
367.1
191.2
88.0
399.1
140.5
470.1

42.8
9.3
43.1
35.3
62.8
60.4
70.6

31.4
5.0
28.0
25.6
48.9
44.7
51.4

57.2
90.7
56.9
64.7
37.2
39.6
29.4

68.6
95.0
72.0
74.4
51.1
55.3
48.6

799,700
285,804
60,210
13,962
175,307
46,960
210,519

1,018,297
364,264
69,876
17,950
220,142
58,349
284,917

498,616
220,475
37,164
10,048
95,113
26,145
105,211

687,744
284,389
49,328
12,713
136,254
35,404
167,070

918,116
333,397
67,197
17,680
200,956
51,023
245,998

3,896.5
632.5
484.9
? 431.8
394.8

3,752.3
623.4
426.7
565.6
320.7

1,478.1
343.4
138.8
431.7
91.9

1,546.8
380.5
150.0
403.5
77.9

69.2
76.5
43.6
86.1
33.5

60.0
73.1
37.4
82.9
22.8

30.8
23.5
56.4
13.9
66.5

40.0
26.9
62.6
17.1
77.2

402,920
78,042
35,445
101,578
41,239

492,938
95,013
51,905
119,160
53,845

186,919
29,477
20,628
42,419
24,700

261,435
43,751
32,153
52,681
33,943

422,827
73,860
47,226
92,793
46,626

8,918.9
2,165.0
1,988.1
792.5

8,279.7
1,679.7
1,793.5
698.7

1,915.8
109.1
256.4
160.3

1,385.6
56.4
182.9
93.7

65.5
22.1
32.0
65.2

45.3
8.3
15.9
57.3

34.5
77.9
68.0
34.8

54.7
91.7
84.1
42.7

716,623
78,918
134,064
35,301

676,446
100,178
165,495
41,662

327,112
62,498
. 87,657
15,189

424,253
80,907
119,064
24,279

650,977
95,860
150,921
42,078

8,939.8
1,403.1
1,240.7
3,581.7
678.8

9,807.9
1,450.0
1,329.5
3,942.8
732.5

1,582.1
163.7
116.9
451.7
71.4

1,008.0
95.4
69.7
270.2
48.4

53.0
28.0
41.9
38.1
47.8

36.5
16.5
32.3
26.4
41.4

47.0
72.0
58.1
61.9
52.2

63.5
83.5
67.7
73.6
58.6

523373
94,619
57,434
147,037
43,083

617,546
129,809
76,907
201,085
51,239

242,744
62,618
30,245
74,077
17,824

337,374
87,463
43,429
110,410
23,301

502,903
111,411
60,745
157,627
35,567

44,389.6

46,573.9

8,952.1

7,162.4

59.3

44.7

40.7

55.3

3,915,116

4,589,297

2,057.319

2,832,642

4,091,610

974.0
143.0
111.3
50.0
295.1
75.91
327.4

3 Expenditures for items reported in both 1964 and 1969.

4 Includes expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.


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Federal Reserve Bank of St. Louis

17

SOURCES OF TOTAL CASH RECEIPTS FROM FARM MARKETINGS,

1970

ANNUAL TOTALS
(Thousands of Dollars)

Alabama

Florida

Georgia

Louisiana

Mississippi

Tennessee

Six States

741,606

1,267,600

1,144,604

648,600

911,811

706,843

5,421,064

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

534,547
156,667
63,034
51,750
261,638
875

395,644
150,835
17,667
126,863
93,310
3,596

710,612
117,655
103,233
81,249
406,318
1,755

275,667
143,804
9,137
73,126
48,384
597

513,168
207,126
33,120
60,642
198,553
13,938

438,083
187,679
64,687
114,174
68,588
1,922

2,867,721
963,766
290,878
507,804
1,076,791
22,683

Total Crops

207,059
—
6,535
63,053
3,638
31,468
5,568
7,998
—
36,947
—
—
1,574
632
24,008
1,908
14,935
12,282
29,077

871,956

433,992
...
32,984
37,239
13,879
141,707
17,462
...
—
25,796
—
—
3,352
101,782
38,483
2,944
27,919
10,108
40,079

372,993
—
1,945
67,222
707
—
4,725
390
92,570
99,172
2,016
67,072
8,033
151
17,674
1,063
3,877
5,448
80,704

398,643
...
1,546
200,169
1,339
472
1,679
556
8,366
140,254
—
—
3,712
—
13,179
5,425
13,000
3,504
17,714

268,760
...
13,505
50,372
427
—
—
1,032
—
71,823
636

2,553,403

Total

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


18
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Federal Reserve Bank of St. Louis

387,125
6,090
1,021
—
10,978
1,256
24,643
—
11,915
4,234
55,059
—
30,774
257,273
1,140
4,910
84,026
145,236

984
82,230
14,140
6,979
5,630
14,641
22,270

387,125
62,605
419,076
19,990
184,625
30,690
34,619
100,936
385,907
6,886
122,131
17,655
215,569
364,757
19,459
70,271
130,009
335,080


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Federal Reserve Bank of St. Louis

:J.U.

Trade and Banking Areas
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, structural 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 parttime, with a large percentage of fanners earning their primary
livelihood in nonfarm employment. Cotton is the most preva­
lent 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 admin­
istration, manufacturing, 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 a major ocean port in this territory.
Wood and paper products, shipbuilding, 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 impor­
tant 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 has a well-balanced economy.
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. A large percentage of employment in the city of
Montgomery, the center of commerce for the area, is in whole­
sale and retail trade. State and Federal Governments also provide
Digitized20
for FRASER
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Federal Reserve Bank of St. Louis

a major source of employment, a large part of which is centered
at Maxwell Air Force Base.
DOTHAN has the greatest percentage of agricultural
employment in the state, though its importance has declined
sharply in the past ten years. The topography and soil in this
area are particularly well suited for peanut production, the main
source of agricultural income. Cotton and livestock production
are commonly combined with peanuts to make general farms
the most prevalent. Light manufacturing predominates in the
nonfarm sector. Textiles and apparel provide nearly half the
manufacturing employment in the area and production of
lumber and wood products and transportation equipment are
also important. Dothan itself serves as the center of retail and
wholesale trade for the area.
The ANNISTON-GADSDEN area, predominantly an
industrial region, leads the state in percentage of manufacturing
employment. Primary metals and textiles provide nearly twothirds of the manufacturing jobs. The economy of Gadsden is
based principally on steel production, the main manufacturing
employer. Anniston is the textile industry center, producing
cotton cloth, men’s clothing, yam, hosiery, and other goods.
A number of foundries for making cast iron pipe are also located
in Anniston. Agriculture is devoted mainly to cotton production,
which provides textile mills in the region with needed materials.
The area’s farms are operated part-time. Poultry and eggs account
for about one-half the agricultural income.
FLORENCE-HUNTSVILLE possesses a varied economy,
based upon a large manufacturing sector. Metals, transportation
equipment, and electrical machinery account for most of the
durable goods employment; textiles, apparel products, and
chemicals and allied products make up the largest portion of the
nondurables segment of the economy. Defense and space-related
Federal Government expenditures still provide significant employ
ment and income to the area. Agriculture in the region is diver­
sified. Soybeans, cotton, and corn are the major crops; cattle
and a growing broiler industry provide livestock income.


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Federal Reserve Bank of St. Louis

*

| WAYNE

*■
•

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LAWRENCE

GILES*,

1
•

^.LAUDEROALE ’?.MJ

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Alabama

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AN
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4ILTON

GA

I

Q MARENCK I DALLAS

?

PL

Trade and Banking Areas

CLARKE [_)

Birmingham (Jefferson, Walker, Shelby)
Florence (Colbert, Lauderdale)
Gadsden (Etowah)
Huntsville (Limestone, Madison)
Mobile (Baldwin, Mobile)
Montgomery (Elmore, Montgomery)
Tuscaloosa (Tuscaloosa)

*W|-

41russell

LOWNDES\J^^«

MONTGOMERY^

_ _ _ _ _ _ _ _ _ | Butler

MONROE

Standard Metropolitan Statistical Areas
1.
2.
3.
4.
5.
6.
7.

•.vQ’.a

Jr

7 r >.M0N1

P«T.W
h

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•.vRv.’

«^HAMB«Sl

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oal
?
1DOTHAN
ESCAMBIA

GENEVA

MOBI

21

Civilian Employment in Alabama, 1970
MAJOR COMPONENTS
Percent

Percent

PERCENTAGE DISTRIBUTION

Total
Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., conun., and public
utilities
Wholesale trade
Retail trade
Fin., ins., and real estate
Other

22

Florence Huntsville
SMSA
SMSA

Montgomery

Mobile

Florence-Huntsville

Dothan

Birmingham

Anniston-Gadsden

Montgomery
SMSA
Area

Area

Area

Area

Mobile
SMSA

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

1.0
6.4
22.1
8.1
14.0

7.6
7.2
25.6
8.4
17.2

6.7
8.4
21.6
8.1
135

4.4
7.1
30.7
18.6
12.1

2.9
7.4
30.0
19.4
10.6

3.7
5.5
23.9
17.0
6.9

3.7
7.7
293
13.6
15.7

2.9
7.7
22.7
9.0
13.7

5.6
7.9
223
8.6
13.7

2.6
7.6
13.7
5.7
8.0

3.9
6.9
28.6
14.1
145

4.6
2.7
15.6

9.2
2.9
16.1
3.0
28.4

7.9
4.4
19.4
4.0
27.6

6.0

105

32

32

14.1
3.2
31J

15.4
3.2
27.1

3.7
4.0
14.4
3.0
41.8

7.2
4.1
15.0
3.7
293

8.8
55
16.0
4.7
31.7

5.8
4.1
15.4
3.9
35.0

63
53
16.6
53
42.1

6.7
4.1
14.9
3.7
31.2

Area

Area

Birmingham
SMSA

100.0

100.0

100.0

100.0

100.0

2.8
5.8
36.6
16.9
19.7

2.0
5.8
35.7
20.8
14.9

2.7
6.4
28.7
17.2
11.5

1.0
5.7
24.6
18.6
6.0

5.2
3.1
15.1
2.8
28.6

6.5
3.9
16.8
3.1
26.2

7.0
4.9
15.1
4.3
30.9

8.1
6.4
15.8
5.6
32.8

3.4
44.2

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 21. Huntsville SMSA is included in the Nashville Trade and Banking Area on page 72.
The 1970 Census agricultural employment statistics reported above fall substantially below estimates of the U.S. Dept. of Labor and may represent possible underreporting.


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Federal Reserve Bank of St. Louis

Alabama

Houston
County

Tuscaloosa
SMSA

Gadsden
SMSA

Manufacturing Employment in Alabama, 1970
MAJOR COMPONENTS
Percent

Percent

100

- 100

OTHER
CHEMICALS

80

PRINTING &
PUBLISHING

60

TEXTILES

-

80

-

60

-

40

-

20

FOOD
1W

TRANSP. EQUIP.

40

MACHINERY'

nninrni

METAL INDUSTRIES

20

1

FURN., LUMBER
& WOOD.

Anniston-Gadsden

Birmingham

Dothan

Florence-Huntsville

Mobile

Montgomery

ALABAMA

PERCENTAGE DISTRIBUTION
Anniston-Gadsden

Birmingham

Birmingham
SMSA

Tuscaloosa
SMSA

Dothan
Houston
County

Florence Huntsville
SMSA
SMSA

Montgomery

Mobile

Florence-Huntsville

Alabama

Area

Gadsden
SMSA

Area

Mobile
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

100.0

Durable goods
Furn., lumber, and wood products
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables

46.1
4.1
32.2
2.5
2.0
0.5
4.8

58.3
2.3
43.2
2.1
3.7
0.6
6.4

60.0
7.3
305
3.7
23
75
8.2

75.7
43
47.1
3.0
2.6
7.8
10.8

36.3
9.1
19.4
0.9
13
1.0
4.6

32.9
12.1

1.2
02
10.9
6.3

37.3
93
2.9
0.9
0.1
9.7
13.9

605
3.2
255
5.1
93
10.4
65

64.6
2.4
46.1
2.4
0.4
5.4
7.9

713
13
292
5.6
22.1
7.4
5.7

46.6
15.4
23
15
0.4
21.1
53

39.4
65
3.7
33
05
19.1
63

385
165
43
62
0.9
23
7.8

413
13.4
4.1
7J0
09
33
13.1

49.4
9.0
202
35
3.4
6.6
6.7

Nondurable goods
Food and kindred products
Text, and fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

53.9
4.7
31.5
2.2
1.4
14.1

41.7
6.6
6.3
1.7
0.8
26.3

40.0
7.0
18.6
3.1
22
9.1

24.3
7.1
6.0
4.4
2.3
4.5

63.7
5.9
11.9
3.7
43
37.9

67.1
6.8
48.9
1.5
12
8.7

62.7
122
32.0
2.0
25
14.0

395
4.4
16.3
13
7.9
9.1

35.4
3.2
11.1
1.7
93
10.1

28.7
4.6
9.9
2.6
42
7.4

53.4
42
13.9
25
8.7
24.1

60.6
65
7.1
3.8
11.7
31.4

615
10.1
37.7
3.6
1.1
9.0

582
153
225
8.7
25
92

50.6
6.2
26.1
2.6
39
113

Total

Area

Area

22

Area

Montgomery
Area
SMSA

NOTE: Huntsville SMSA included in the Nashville Trade and Banking Area on page 73.


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

23

POPULATION

Thousands

INCOME

Population and Income, Alabama
Population (Thousands)

Demographic Characteristics

Nonwhite Percent of Population

Income

Personal
Income
(S MU.)

Per Capita
Income

Personal
Income
($ Mil.)

Per Capita
Income

1960

1970

1970

1959

1959

1969

1969

3,267

3,444

30.1

26.6

4,693

1,465

9,116

2,650

240

242
94

16.8

15.5
14.3

357

1,522
1,713

665
271

2.736

97

1,206

1,246

27.5

25.2

1,942

1,642

3,479

2,788

721
109

739
116

32.1
28.7

29.6
25.1

1,386
163

1,960
1,522

2.373
281

3,203
2,429

Dothan Area
Houston County

210
51

236
57

26.1
27.4

21.6
23.8

255
68

1,235
1,360

599
138

2,548
2,449

Florence-Huntsville Area
Florence SMSA
Huntsville SMSA

455
108
154

908
118
228

15.0
15.0
19.3

13.9

656
150
270

1,467

13.5
16.1

1,410
1,790

1,510
301
671

2,712
2,558
2,998

Mobile Area
Mobile SMSA

617
363

604

36.8

33.6

791

1.348

1.547

377

33.7

30.3

577

1.620

1.081

2,552
2,867

Montgomery Area
Montgomery SMSA

468

456
201

47.4

42.7
35.1

595
327

1.297
1.670

1.113

2.426

593

2.935

Aid bd lllfl

Anniston-Gadsden Area
Gadsden SMSA
Birmingham Area

Birmingham SMSA
Tuscaloosa SMSA


https://fraser.stlouisfed.org
24
Nnrh’Federal Reserve Bank of St. Louis

200

4^

...,7

A<«^,

.1 4_~- J-

1960

15.5

34.0

163

2.862

ALABAMA’S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES
1969 - 70
(Millions of Dollars and Percentages)

TOTAL REVENUE $1722

TOTAL EXPENDITURE $1739

Property Taxes.
$135 (7.9%) \

Highways
$271 (15.6%)

Federal Government
$452 (26.2%)


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

Public Welfare
$210 (12.1%)

Health and Hospitals
$139

Police and Fire
Protection
$61 (3.5%)

Other Taxes
$756 (43.9%)

'Sanitation
$35 (2%)

Education
$690 (39.7%)

All Other
$319 (18.3%)

’Recreation
$14 (0.8%)

Miscellaneous
$379 (22%)

25

Selected Statistics, Insured Commercial Banks, Alabama1
(Number)

(Millions of Dollars)

Banks

Investments

Loans

Deposits

1950

1960

1970

1950

1960

1970

1950

1960

1970

1,175

2,121

5,021

399

985

2,693

521

843

83
34

147
57

348
134

31
12

70
25

195
76

37
14

547
412
39

884
666
56

2,002
1,434
122

176
133
14

415
322
31

1,056
768
25

75
27

136
49

404
112

24
8

54
21

Florence-Huntsville Area
Florence SMSA
Huntsville SMSA

148
27
27

223
52
53

673
164
229

50
12
8

Mobile Area
Mobile SMSA

164
104

412
288

870
560

Montgomery Area
Montgomery SMSA

184
99

321
180

737
437

State Total
Anniston-Gadsden Area
Gadsden SMSA
Birmingham Area
Birmingham SMSA
Tuscaloosa SMSA

Dothan Area
Houston County

1950

1960

1970

1,782

222

238

272

61
23

129
50

21
7

22
7

24
8

250
192
18

322
225
21

650
413
38

64
17
2

66
17
2

78
21
3

203
65

32
13

65
22

167
31

26
6

31
7

38
7

93
30
20

361
86
122

56
8
11

97
20
24

257
65
85

36
7
8

36
7
4

40
8
6

60
39

209
161

459
318

72
46

155
95

295
162

41
8

42
10

47
13

65
35

144
83

420
269

84
49

146
79

281
147

35
6

41
8

41
9

^All data are December figures.
NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 21. Huntsville SMSA is included in the Nashville Trade
and Banking Area on page 76.

26
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Trade and Services, Alabama
Retail Trade
Establish­
ments

Anniston-Gadsden Area
1963
1967
Gadsden SMSA
1963
1967
Birmingham Area
1963
1967
Birmingham SMSA
1963
1967
Tuscaloosa SMSA
1963
1967

Mobile Area
1963
1967
Mobile SMSA
1963
1967
Montgomery Area
1963
1967
Montgomery SMSA
1963
1967

Sales
($ Millions)

Establish­
ments

Employment1

Sales
($ Millions) 1

Establish­
ments

Employment1

Sales
($ Millions)

2,204
2,170

9,414
10,269

223
278

220
246

1,765
2,028

125
164

1,098
1,134

3,200
3,172

20
27

906
947

4,168
4,729

98
124

97
108

703
843

42
56

480
518

1,418
1,323

8
11

10,305
10,065

52,084
57,998

1,241
1,553

1,580
1,699

18,759
21,339

1,857
2,466

4,731
5,345

18,906
21,027

141
208

5,650
5,504

34,535
39,097

838
1,045

1,126
1,197

15,503
17,807

1,616
2,133

3,070
3,265

14,005
15,527

109
164

831
843

4,809
5,187

106
136

85
94

1,028
1,103

58
80

384
445

1,741
1,764

12
17

2,357
2,348

8,863
10,123

201
281

282
322

2,249
2,392

145
202

1,000
1,085

3,118
3,377

21
29

655
635

3,214
3,653

73
104

114
131

1,003
1,201

59
87

318
325

1,087
1330

9
11

4,587
4372

21,439
25355

540
685

512
565

4,149
5,032*

293
373*

2309
2,691

8,633
13350

65
166

1,057
1,050

4,697
5,427

116
142

137
129

1,052
1,154

65
83

606
634

1,919
1,933

13
17

1,364
1,550

8,617
10,797

231
299

183
230

1,731
2,264

121
168

715
944

4,132
8,646

36
129

5,244
5,187

26,136
28,571

613
745

776
826

7,928
8,389

531
658

2,774
2,804

9,514
10,124

68
87

2,908
2,850

17,438
18,830

417
491

525
563

5,962
6,685

428
527

1,832
1,822

7,140
7,549

52
67

3,991
3,940

19,211
20,742

430
563

549
594

5,369
6,950

428
558

1,664
1,768

6,664
6,541*

47
62

1,612
1,648

10,308
11,284

238
322

308
336

3,876
5,141

317
416

863
882

4,305
4,244

33
43

•

Dothan Area
1963
1967
Houston County
1963
1967
Florence-Huntsville Area
1963
1967
Florence SMSA
1963
1967
Huntsville SMSA
1963
1967

Employment1

Selected Services

Wholesale Trade

•


1 Includes employees and proprietors.
https://fraser.stlouisfed.org
*May be understated because of insufficient data.
Federal Reserve Bank of St. Louis

27

LIMESTONE

Alabama
Selected Agricultural Statistics
TYPE OF FARMING AREA
Limestone

Sand
Mountain

tipper
Coastal
Plain

Piedmont

1960
1970

95,165
57,748

63,458
32,876

64,893
32,987

20379
13,233

66,113
26304

9,603
4,666

12,442
19,432

70302
34350

402355
222,196

1964
1969

25,339
43,348

15,008
23,464

15,933
31,902

15,726
32391

23,918
53,694

18342
33,903

35 380
59384

19301
34343

20352
37396

1964
1969
1964
1969

18,432
16,018
906
987

13303
12,691
170
190

15,576
11,165
821
767

5,788
3,696
375
371

12,939
7,735
1323
1,484

2301
1,665
227
179

3369
2339
243
255

14303
11330
1,154
1,119

87,111
67,139
5,419
5352

1964
1969

137.0
153.0

82.0
88.1

160.0
182.1

165.6
209.7

236.6
3233

213.8
243.1

156.0
194.2

2003
229.9

1643
1883

1964
1969
1964
1969

1,187.7
1,296.6
377.1
255.2

688.9
810.6
119.1
45.5

1,481.6
1,348.5
219.8
109.8

688.8
607.6
87.1
42.3

1,411.7
1374.7
329.6
243.3

428.9
319.5
27.1
6.6

324.8
300.7
18.5
24.9

1384.4
13333
355.1
178.0

7355.01
73933
1333.71
905.6

1964
1969
1964
1969
1964
1969

58.3
30.3
46.2
69.7
125,149
135,973

27.7
10.1
723
89.9
110318
175,103

35.6
22.8
64.4
77.2
80,473
86,635

20.4
11.4
79.6
88.6
26,811
35391

38.5
27.6
61.5
72.4
60,822
72,883

48.5
13.9
51.5
86.1
4,613
6,856

71.7
60.1
283
39.9
32 307
38,969

59.4
42.0
40.6
58.0
82396
106386

44.0
26.1
56.0
73.9
523,689
658,696

1964
19692
19693

64,733
92,487
125,701

78,852
134,871
153,446

55,245
62,960
81,162

20,481
27,302
33,149

36,736
48,696
68,948

2,856
5334
6,947

18364
23,274
35,942

47,765
66373
93,703

325 3311
461397
598,998

Farm population
Average value of land and buildings
per farm

Number of farms with:
Less than 500 acres

500 acres or more
Average acreage per farm

Acreage by type of operator (Thous.)
Full owner

Tenant

Value of products sold
Crops as % total
Livestock as % total
Total ($ Thousands)

Blackbelt

AlabamaMississippi
Umber

Gulf
Truck

Peanut

Alabama

Farm expenditures ($ Thousands)

ISum of areas does not equal total because of rounding.

?Expenditures for items reported in both 1964 and 1969.

^Includes
expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.

https://fraser.stlouisfed.org
28
Federal Reserve Bank of St. Louis

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

FL Uill'J

TRADE AND BANKING AREAS
JACKSONVILLE is the leading port on Florida’s Atlantic
Coast. 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 prod­
ucts, an important manufacturing employer. Transportation
equipment and food processing are other large manufacturing
employers. 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, sand, and surf are raw materials for the resort
industry, which is primary in the economy of the MIAMI area.
Services and trades are particularly important in the area’s economy.
Manufacturing is evenly spread among durable and nondurable
production. The textile and apparel industry now ranks as the
area’s largest manufacturing employer; transportation equip­
ment ranks the second largest. Population growth continues to
be fed by large in-migration. Over one-third of Florida’s popula­
tion lives here. This is the state’s only area where per capita
income is above the national average. Dairy foods and truck
crops are produced for the local area and winter truck crops are
sent to northern cities.
ORLANDO, centered amidst lakes and citrus groves, is
Florida’s largest inland city. This area has long been attractive


30
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

to both tourists and retirees. The latest booming area has been
around metropolitan Orlando and is related to the development
of Disney World. The Cape Kennedy area has receded from its
mid-Sixties boom but remains the area’s valuable link with aero­
space development. The Ocala area, northwest of Orlando, has
become an important center for mobile home production and
breeding of thoroughbred horses. Metals manufacturing is the
largest employer in the entire area.

The economy of the PENSACOLA area depends heavily
upon the military installations lying within its boundaries.
Government is the area’s most important employer. Major manu­
facturers include chemicals, paper products, lumber, and textiles
and related products. Farm income is derived mainly from live­
stock and tobacco. Recent oil finds in the northwest comer of
this area will make oil drilling important in the future. Beaches
along the Gulf Coast are attractive spots for tourists and new home
developments.
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 largest port based on
freight tonnage. Manufacturing is well diversified between durable
and nondurable industries. Canned citrus, shrimp, and beverages
are major products of an important food processing industry.
Electrical machinery has developed into a major manufacturing
employer in this area. Outside the cities, citrus growing and
phosphate mining contribute to the area’s balanced economy.


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Federal Reserve Bank of St. Louis

PENSACOLA

Florida

Trade and Banking Areas

8.
9.
10.
11.
12.
13.

Daytona Beach (Volusia)
Ft. Lauderdale—Hollywood (Broward)
Ft. Myers (Lee)
Gainesville (Alachua)
Jacksonville (Duval)
Lakeland—Winter Haven (Polk)
Miami (Dade)
Orlando (Orange, Seminole)
Pensacola (Escambia, Santa Rosa)
Sarasota (Sarasota)
Tallahassee (Leon)
Tampa-St. Petersburg (Hillsborough, Pinellas)
West Palm Beach (Palm Beach)

I*
31

Civilian Employment in Florida, 1970
MAJOR COMPONENTS
Percent

Percent

PERCENTAGE DISTRIBUTION
Miami

Jacksonville
Gaines­
ville

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public
utilities
Wholesale trade
Retail trade
Fin., ins., and real estate
Other

Jackson­ Talla­
ville
hassee

Area SMSA

SMSA

100.0 100.0

SMSA

Ft. Lauder­
dale
Area

SMSA

Orlando

Miami

West Palm
Beach

SMSA

SMSA

Area

SMSA

Pensacola

Daytona
Beach Orlando

Pensa­
cola

Tampa-St. Pete

SMSA

Area SMSA

Ft.
Myers
Area SMSA

100.0 100.0

100.0 100.0

LakelandWinter
Sara­ TampaHaven
St. Pete
sota
SMSA SMSA
SMSA

Florida

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

3.9
7.2
12.8
5.8
7.0

3.1
6.8
7.5
4.3
3.2

1.3
7.3
12.3
5.5
6.8

1.8
6.2
5.0
2.3
2.7

3.6
8.8
13.7
7.5
6.2

2.2
11.8
11.8
8.0
3.8

1.8
6.9
14.7
63
8.4

7.4
95
15.7
12.4
33

5.7
8.4
15.5
11.5
4.0

4.4
8.9
10.7
7.7
3.0

1.9
33
52
3.4
1.8

5.7
8.4
15.6
5.1
105

1.9
8.5
18.1
4.1
14.0

55
9.0
143
73
7.0

6.8
14.7
53
23
25

11.0
72
16.4
52
112

2.6
11.1
93
6.6
2.7

2.7
85
15.7
8.6
7.1

4.6
85
14.1
7.6
65

8.3
4.6
17.4
6.5
39.3

5.1
2.3
17.1
3.9
54.2

10.8
6.5
18.7
9.0
34.1

4.6
3.2
15.6
4.9
58.7

8.8
4.6
19.2
6.5
34.8

7.2
3.9
21.9
7.4
33.8

11.0
5.2
18.2
6.6
35.6

4.9
3.5
18.6
5.9
345

6.4
4.3
19.0
5.4
353

5.8
2.4
22.6
5.9
393

2.6
2.2
6.9
2.4
75.5

65
3.1
17.7
3.4
39.6

6.5
33
17.8
3.9
40.0

6.7
43
20.2
6.0
335

7.8
3.9
21.0
8.4
32.1

63
4.7
16.7
4.7
33.0

5.1
2.9
24.0
73
37.7

7.1
5.5
20.6
6.1
333

7.7
4.5
19.0
6.0
35.6

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 31. The 1970 Census agricultural employment statistics reported above

fall substantially below estimates of the U. S. Dept. of Labor and may represent possible underreporting.
https://fraser.stlouisfed.org
32
Federal Reserve Bank of St. Louis

Manufacturing Employment in Florida, 1970
MAJOR COMPONENTS
Percent

Percent

100

- 100

*

OTHER

80

- 80
CHEMICALS

60

PRINTING &
PUBLISHING
TEXTILES

Illlllllllllll

- 60

Timm

FOOD

40

40

TRANS. EQUIP.
MACHINERY

20

m........ —~
-

V’

innrimm

-.1

—

METAL INDUSTRIES

.. —

FURN., LUMBER
& WOOD

Orlando

Miami

Jacksonville

Pensacola

FLORIDA

Tampa-St. Pete

PERCENTAGE DISTRIBUTION
Gaines­
ville

Area SMSA

Orlando

Miami

Jacksonville
Jackson­ Talla­
hassee
ville
SMSA SMSA

Ft. Lauder­
dale
Area
SMSA

Miami
SMSA

West Palm
Beach
SMSA

Area

Tampa-St. Petersburg

Pensacola

Daytona
Beach Orlando
SMSA
SMSA

Pensa­
cola
Area SMSA

Ft.
Myers
Area SMSA

ukelandWinter Sara­
Haven
sota
SMSA SMSA

TampaSt. Pete
SMSA

Florida

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

100.0

100.0

100.0

100.0

100.0

Durable goods
Furn., lumber, and wood
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables

45.5
11.4
6.6
3.5
3.9
11.6
8.5

56.7
10.7
3.3
2.7
28.2
2.8
9.0

44.3
4.0
9.4
5.1
1.6
13.3
10.9

45.7
20.0
2.3
5.4
2.2
3.1
12.7

54.6
5.6
7.9
8.5
8.9
12.0
11.7

67.8
4.7
9.1
13.9
16.0
9.7
14.4

43.0
6.8
92
33
52
63
113

78.7
3.1
2.9
202
152
28.6
8.7

74.4
3.7
28.6
43
223
62
9.1

722
4.3
12.1
5.0
27.7
6.7
16.4

65.5
3.1
31.9
4.8
12.9
4.1
8.7

32.9
12.7
32
1.6
2.4
53
72

22.9
5.9
2.7
13
2.1
23
8.6

50.9
4.1
9.4
53
123
73
12.1

52.9
73
113
43
3.6
22.0

313
2.7
6.1
63
0.6
4.6
112

71X>
72
93
7.1
18.4
11.9
165

55D
42
10.7
5.4
16.4
63
115

54.1
6.3
11.2
5.9
10.8
95
10.4

Nondurable goods
Food and kindred products
Text, and fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

54.5
11.6
3.3
83
3.8
275

43.3
20.8
1.8
12.1
0.9
7.7

55.7
13.1
2.4
9.4
4.6
26.2

54.3
10.6
13
30.6
2.7
8.6

45.4
6.8
15.2
9.4
2.4
11.6

32.2
32
63
122
2.7
73

57.0
7.2
232
9.0
2.4
152

21.3
6.8
13
63
2.0
42

25.6
9.0
2.0
7.3
2.0
53

27.8
63
2.9
11.6
13
5.3

343
13.0
2.8
93
2.7
6.7

67.1
63
11.0
33
24.0
22.1

77.1
33
93
3.6
412
193

49.1
18.6
3.9
8.4
63
11.4

47.1
10.4
8.4
18.6
2.8
6.9

68340.1
1.6
43
12.6
95

29.0
5.4
2.7
13.7
1.7
5.6

45.0
12.6
45
8.9
6.1
125

45.9
10.7
83
82
52
135

Total


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Federal Reserve Bank of St. Louis

4j0

33

POPULATION

Thousands

INCOME

Population and Income, Florida
Population (Thousands)

Demographic Characteristics

Nonwhite Percent of Population

Income

Personal
Income
($ MU.)

Per Capita
Income

Personal
Income
($ MU.)

Per Capita
Income

1959

1959

1969

1969

1960

1970

1960

4,952

6,789

17.9

15.9

9308

1,936

22,936

3372

834
74
455
74

1,004
105
529
103

26.0
26.5
23.4
32.9

23.4
21.1
22.9
25.7

1,461
109
939
123

1,804
1,522
2,123
1,700

3,150
297
1,884
310

3,146
2,893
3,559
3,055

1,657
935

2,465
1,268

16.9
14.9

15.4
15.5

3,574
2,122

2,222
2,337

9,225
5,079

3,823
4,054

334
228

620
349

16.6
22.9

12.8
17.9

718
438

2,215
1,976

2,239
1,195

3,760
3304

Orlando Area
Daytona Beach SMSA
Orlando SMSA

720
125
318

1,047
169
428

17.6
16.9
16.6

14.6
14.4
14.9

1,318
196
642

1,885
1,612
2,074

3,304
490
1,357

3,249
2,927
3,207

Pensacola Area
Pensacola SMSA

475
203

547
243

20.8
19.0

19.3
18.4

721
371

1,564
1,879

1,589
803

2,904
3,306

1,266
55

1,727
105

13.2
15.7

11.9
12.0

2,311
86

1,880
1,628

5,268
273

3,090
2,707

195
77
772

227
120
1,013

18.5
9.7
11.5

18.0
7.7
11.1

393
136
1,471

2,071
1,827
1,960

790
389
3,228

3,475
3310
3,218

Florida

Jacksonville Area
Gainesville SMSA
Jacksonville SMSA
Tallahassee SMSA

Miami Area
Miami SMSA
Fort LauderdaleHollywood SMSA
West Palm Beach SMSA

Tampa-St. Petersburg Area
Fort Myers SMSA
Lakeland-Winter Haven
SMSA
Sarasota SMSA
Tampa-St. Petersburg SMSA


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

1970

FLORIDA'S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES
1969 - 70
(Millions of Dollars and Percentages)

TOTAL REVENUE $3576

TOTAL EXPENDITURE $3582

Public Welfare
$216 (6%)

Health and Hospitals
/ $317 (8.9%)
Highways
$394 (1H

Property Taxes
$801 (22.4%)

Police and Fire
Protection
$189 (5.3%)

^Sanitation
$121 (3.4%)

Other Taxes
$1555 (43.5%)

Federal Government
$466 (13%)


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Federal Reserve Bank of St. Louis

Recreation
$72 (2%)

Education
$1555 (43.4%)

All Other
$718 (20%)
Miscellaneous
$754 (21.1%)

35

Selected Statistics, Insured Commercial Banks, Florida
(Millions of Dollars)
Deposits

(Number)

Loans

Banks

Investments

1950

1960

1970

1950

1960

1970

1950

1960

1970

1950

1960

1970

1,863

4,867

13,971

443

2,005

6,728

1,011

1,983

5,214

192

304

500

Jacksonville Area
Gainesville SMSA
Jacksonville SMSA
Tallahassee SMSA

359
21
246
33

894
44
662
64

1,835
123
1,266
173

97
5
68
9

346
21
253
24

945
69
667
85

161
13
98
17

320
13
208
33

591
42
360
71

45
6
8
4

62
8
16
5

79
9
29
8

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

697
465
108

1,888
1,151
234

5,932
3,258
864

163
108
25

779
476
85

2,752
1,553
1,110

403
270
61

791
440
120

2,272
1,124
382

40
15
8

83
36
15

159
69
31

87

387

395

19

172

580

51

175

592

7

17

37

Orlando Area
Daytona Beach SMSA
Orlando SMSA

218
43
100

583
96
282

1,785
301
851

55
10
26

254
40
130

877
154
430

124
28
53

243
44
103

661
121
263

36
6
9

51
7
15

96
17
31

96
48

183
90

537
239

21
11

72
41

264
125

54
27

88
40

199
81

25
4

34
11

42
14

493
15

1,318
51

3,882
273

109
6

554
22

1,492
146

270
5

540
21

1,890
104

47
2

74
3

124
9

76
30

179
99

400
380

15
9

69
47

178
203

44
14

78
41

169
138

12
4

16
6

18
12

329

856

2,323

68

359

1,110

184

336

866

19

34

59

State Total

Pensacola Area
Pensacola SMSA
Tampa-St. Petersburg Area
Fort Myers SMSA
Lakeland-Winter Haven
SMSA
Sarasota SMSA
Tampa-St. Petersburg
SMSA

1 All data are December figures.
NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 31.


36
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

TRADE AND SERVICES, FLORIDA
Retail Trade
Establish­
ments
Jacksonville Area
1963
1967
Gainesville SMSA
1963
1967
Jacksonville SMSA
1963
1967
Tallahassee SMSA
1963
1967
Miami Area
1963
1967
Miami SMSA
1963
1967
West Palm Beach SMSA
1963
1967
Ft. LauderdaleHollywood SMSA
1963
1967
Orlando Area
1963
1967
Orlando SMSA
1963
1967
Pensacola Area
1963
1967
Pensacola SMSA
1963
•
1967
Tampa-St. Petersburg Area
1963
1967
Ft. Myers SMSA
1963
1967
Lakeland-Winter Haven
SMSA
1963
1967
Sarasota SMSA
1963
1967
Tampa-St. Petersburg
SMSA
1963
1967
1Includes employees and proprietors.

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

Employment1

Wholesale Trade

Sales
($ Millions)

Establish­
ments

Selected Services

Employment1

Sales
($ Millions)

Establish­
ments

Employment1

Sales
($ Millions)

8,330
8,763

46,235
54,789

1,110
1,429

1,499
1,529

16,704
19,251

2,226
2,899

5,092
5,743

681
860

4,048
5,693

100
153

100
108

873
1,005

50
69

405
504

1,559
1,649

11
15

4,124
4,294

27,576
31,652

672
836

986
995

13,163
15,195

2,002
2,612

2,851
3,123

12,938
15340

110
178

658
714

4,432
5,296

103
143

136
144

1,210
1,559

61
83

413
568

1,824
2,152

14
20

18,644
20,989

117,577
151,226

2,934
4,081

3,499
3,881

34,080
44,173

2313
3,639

15,481
18.571

76,190
102355

738
1,079

9,459
10,324

65,525
79,838

1,615
2,175

2360
2353

23,580
31,169

1,829
2,724

8,295
9,565

49338
61327

493
694

2,960
3,348

16,899
21,928

428
582

353
409

3371
4,155

213
298

2,184
2,592

8,629
11,699

77
106

4,141
4,972

25 301
36,665

647
997

526
619

4,464
5,535

359
470

3,439
4,528

13,812
22,578

131
220

8,155
9332

47,035
56,787

1,165
1,552

1,227
1,390

15,196
18,055*

846
1,080*

5,957
6,923

24,941
35,723

215
387

3,074
3338

19,965
23,226

504
647

704
821

9,002
9,765

540
707

2,189
2327

9,436
11386

75
112

4351
4,540

21,189
24,493

511
661

525
534

5,006
5310*

268
391*

2,467
2,826

8,751
9,805

66
103

1,750
1,783

9,872
11,279

242
317

217
215

2,111
2,481

142
176

1,061
1,184

3,815
4,137

27
40

13,813
15,103

77,684
96,649

1,890
2,557

2,146
2316

24,734
28,166

1,620
2,233

10,494
12,295

35,413
43,910*

308
454

791
969

4,017
6,157

104
170

118
146

999
1,491

46
71

623
849

1,935
2,071

14
24

2,036
2,122

10,032
12,262

252
335

292
328

4,619
5,383

215
305

1,257
1,484

3,755
4,471

33
47

1,127
1,265

6,653
8,708

162
229

131
142

980
1,040

46
61

1,047
1311

3,536
4,754

33
51

7,813
8,528

48,145
59,007

1,152
1,534

1,428
1,492

16,422
18,407

1,213
1,671

6,239
7,139

22,968
28,453

203
300

20,586
23 344*

165
251

*May be understated because of insufficient data.

37

LOWER COASTAL

Florida
Selected Agricultural Statistics
TYPE OF FARMING AREA
Lower
Coastal
Plain1

Flatwoods

Citrus

Winter
Trade1

1960
1970

45,441
42,407

11,902
18,520

39,849
70,309

8,248
18379

105,440
149,615

1964
1969

30,821
49,751

64,097
80,971

144,113
164,584

211,413
323,879

109,055
139,818

1964
1969
1964
1969

10,773
8,919
947
973

3,574
3,463
502
494

18,948
16,325
1,697
1,715

3,283
3,019
555
666

1964
1969

236.1
250.0

396.9
396.8

392.6
379.8

735.5
850.2

380.1
394.8

Acreage by type of operator (Thous.)
Full owner
1964
1969
Tenant
1964
1969

1,350.5
1,571.1
120.6
95.3

602.4
700.1
120.6
160.9

2,883.5
4,082.0
369.9
638.4

620.8
1321.9
260.7
466.1

5,475.3
7,679.1
830.4
1342.4

1964
1969
1964
1969
1964
1969

59.5
49.6
40.5
50.4
79,205
123,578

42.6
27.1
57.4
72.9
38,750
66,302

77.7
62.8
22.3
37.2
586,726
590,012

83.7
81.9
163
18.1
243,936
344,428

763
65.0
23.7
35.0
948,811
1,125375

1964
19693
19694

49,114
77,496
111,726

28,389
46,465
64,212

268,394
350,126
513375

130,598
186,198
308,476

476,697
660,439
997,989

Farm Population
Average value of land and
buildings per farm

Number of farms with:
Less than 500 acres

500 acres or more

Average acreage per farm

Value of products sold
Crops as % total
Livestock as % total

Total ($ Thousands)

Florida2

*

36,790
31,734
3,752
3,852

Farm expenditures ($ Thousands)

7 May be understated because of data withheld to avoid disclosure.

2 Sum of areas does not equal state totals because of data withheld to avoid disclosure in the Lower Coastal Plain and Winter Truck areas.
3 Expenditures for items reported in both 1964 and 1969. 4 Includes expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.

38
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Federal Reserve Bank of St. Louis

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

GE UiltH

TRADE AND BANKING AREAS

40

ATLANTA has long been recognized as the transportation
and distribution center of the Southeast. Georgia’s largest and
fastest-growing population center, the metropolis serves nearly
half of the state in direct retail trade and finance and much of the
Southeast as a regional government center. More than 10
percent of the employees in the area work for local, state, or
Federal governments in some capacity. Textiles and fabricated
textile products and transportation equipment account for the
largest proportions of manufacturing employment, the largest sector
of the economy. Wholesale and retail trade, along with finance,
insurance, and real estate, are major service sectors.

The AUGUSTA area outside the metropolis retains
substantial dependence upon agricultural activity. Soybeans,
hay, pasture, and forest acreage have expanded as cotton acreage
has declined. Manufacturing employment, especially in non­
durable goods, has grown and diversified in recent years. Textiles
and apparel are still the major manufactures; and production of
chemicals, furniture, lumber, and food processing are important
to the region. Manufacture of transportation equipment, primarily
mobile homes, is a substantial and growing industry. The military
base, Fort Gordon, has added to the demand for trade and services
in the metropolitan area.

The COLUMBUS area has the highest ratio of manufacturing
to total employment of Georgia’s six trade and banking areas. Nearly
two-thirds of this employment remains concentrated in the textile
and fabricated products industries, allowing Columbus to retain its
eminence as a southern textile center. Agriculture is a minor employer;
but food processing is a substantial industry for the area, utilizing
many agricultural products from South Georgia. The military establish­
ment at Fort Benning provides demand for local trade and services.

The MACON area in central Georgia is a major producing
and marketing area of peaches, peanuts, and other agricultural
products. Manufacturing is becoming more important to the
area, as farm population drops and industrial jobs are provided.
The manufacturing of mobile homes has become particularly
important to the area. Textiles remain the largest manufacturing
industry in the area, with lumber, furniture, pulp and paper, and
food products also important.

Historic SAVANNAH serves the Georgia coastal area and
several inland counties in trade and banking facilities. Port facilities,
complemented by fine railroad connections, make Savannah
an important export-import center for the state and the
Southeast. Furniture, lumber, and wood products are the largest
manufacturing industries in the area, followed closely by textiles,
food processing, and chemicals and allied products. A large
transportation equipment sector includes both shipbuilding and
aircraft manufacture, rounding out Savannah’s diversified
economic base. Agriculture is limited, consisting mainly of
egg and dairy products.

SOUTH GEORGIA remains predominantly agricultural
in nature, having the largest proportion of farm employment in
the state. Peanuts, cotton, tobacco, and com are predominant
crops. Migration from farm to city continues in this area and
manufacturing growth has been substantial. Mobile home pro­
duction has been an important growth industry in the durable
goods sector, but manufacture of nondurables, such as textiles,
apparel, and food processing, remain the primary industries in the
area.


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Federal Reserve Bank of St. Louis

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

Georgia

Trade and Banking Areas

Standard Metropolitan Statistical Areas
1.
2.
3.
4.
5.
6.

Albany (Dougherty)
Atlanta (Clayton, Cobb, Dekalb, Fulton, Gwinnett)
Augusta (Richmond, Georgia; Aiken, South Carolina)
Columbus (Chattahoochee, Muscogee; Russell, Alabama)
Macon (Bibb, Houston)
Savannah (Chatham)

41

Civilian Employment in Georgia, 1970
MAJOR COMPONENTS

Atlanta

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale trade
Retail trade
Fin. ins., and real estate
Other

Augusta

Columbus

Macon

Savannah

South Georgia

Area

Atlanta
SMSA

Area

Augusta
SMSA

Area

Columbus
SMSA

Area

Macon
SMSA

Area

Savannah
SMSA

Area

Albany
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

13.5
6.3
23.6
8.4
15.2
5.7
3.6
15.8
3.2
28.3

1.5
7.6
19.4
5.5
13.9
6.4
5.5
18.5
4.6
36.5

4.3
6.8
27.2
9.9
17.3
7.0
4.3
15.2
4.6
30.6

2.2
6.9
28.0
11.2
16.8
8.1
5.2
15.0
5.5
29.1

0.7
6.4
19.7
11.0
8.7
9.9
6.9
16.6
7.4
32.4

4.5
7.3
28.7
10.5
18.2
4.9
3.3
14.5
3.1
33.7

1.3
6.4
30.6
6.9
23.7
5.5
3.1
15.4
3.9
33.8

1.6
6.0
32.1
5.7
26.4
4.7
2.6
15.5
4.0
33.5

1.1
6.7
23.6
4.6
19.0
5.6
3.0
18.2
5.5
36.3

7.4
6.3
23.3
8.1
15.2
5.0
2.9
14.1
3.1
37.9

1.2
6.3
16.3
5.1
11.2
5.8
3.7
15.5
4.3
46.9

5.0
7.4
23.3
7.5
15.8
7.4
3.7
16.8
3.9
32.5

0.8
7.8
19.4
6.7
12.7
10.1
4.8
18.2
4.8
34.2

Georgia

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 41. The 1970 Census agricultural employment statistics reported above fall substantially below estimates of the
Digitized for42
FRASER
tZ. S. Dept. of Labor and may represent possible underreporting.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Manufacturing Employment in Georgia, 1970
MAJOR COMPONENTS
Percent

Percent

100

100

-

OTHER

CHEMICALS

80

60

40

80

PRINTING &
PUBLISHING

60

TEXTILES

40

FOOD

TRANS. EQUIP.

20

iinmini

MACHINERY

20

METAL INDUSTRIES

FURN., LUMBER
& WOOD

0

Augusta

Atlanta

Macon

Columbus

South Ga.

Savannah

PERCENTAGE DISTRIBUTION
Atlanta

Total
Durable goods
Furn., lumber, and wood
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables
Nondurable goods
Food and kindred products
Text, and fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

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

Augusta

Area

Atlanta
SMSA

100.0
40.0
4.7
5.7
3.1
4.5
15.0
7.0

100.0
56.0
3.6
6.6
4.4
5.6
26.0
9.7

60.0
8.0
34.7
4.3
3.0
10.0

44.0
9.2
9.7
8.1
4.3
12.7

Columbus

Macon

Savannah

South Georgia

Augusta
SMSA

Area

Columbus
SMSA

Area

Macon
SMSA

Area

Savannah
SMSA

Area

Albany
SMSA

100.0
36.7
11.8
2.2
2.8
0.9
4.4
14.6

100.0
22.5
2.5
1.6
1.2
1.1
0.8
15.3

100.0
17.6
4.3
3.4
2.0
3.2
0.5
4.2

100.0
19.5
3.0
5.5
3.3
1.4
0.7
5.6

100.0
34.7
12.8
3.7
3.2
1.8
7.3
5.9

100.0
31.3
8.1
6.1
3.0
1.4
3.1
9.6

100.0
32.1
11.5
4.5
0.9
05
7.6
7.1

100.0
34.5
8.7
3.1
1.1
0.5
14.4
6.7

100.0
35.6
13.1
6.4
2.5
0.6
8.0
5.0

100.0
28.4
23
1.3
6.4
1.0
7.4
10.0

100.0
36.4
7.1
5.4
2.8
3.1
11.0
7.0

63.3
7.4
35.9
1.7
4.5
13.8

77.5
6.8
37.0
1.9
18.5
13.3

82.4
7.4
63.2
2.8
0.9
8.1

80.5
14.4
51.4
5.2
1.4
8.1

65.3
9.5
40.4
2.2
2.3
10.9

68.7
13.2
25.8
4.8
2.1
22.8

67.9
10.8
12.1
2.1
9.3
33.6

65.5
11.5
3.4
2.9
10.2
37.5

64.4
13.2
30.2
2.1
3.3
15.6

71.6
15.4
26.8
3.4
4.7
21.3

63.6
8.7
35.9
3.4
3.5
12.1

Area

Georgia

43

POPULATION

INCOME
Thousands

Population and Income, Georgia
Population (Thousands)

Income

Demographic Characteristics

Nonwhite Percent of Population

Personal
Income
($ Mil.)

Per Capita
Income

Personal
Income
($ Mil.)

Per Capita
Income

1969

1969

1960

1970

1960

1970

1959

1959

3,943

4,590

28.6

26.2

6,222

1,609

14,253

3,132

Atlanta Area
Atlanta SMSA

1,863
1,017

2,387
1,390

21.4
22.8

20.4
22.6

3,283
2,304

1,909
2,309

7,940
5,458

3,366
3,993

Augusta Area
Augusta SMSA

309
217

338
253

41.7
29.8

37.6
28.4

521
364

1,420
1,709

1,249
890

2,911
3,537

Columbus Area
Columbus SMSA

371
218

399
239

33.2
29.4

30.9
29.2

549
354

1,539
1,658

1,199
814

3,002
3,411

Macon Area
Macon SMSA

564
180

593
206

39.9
31.1

36.1
29.0

680
296

1,246
1,674

1,570
656

2,638
3,191

Savannah Area
Savannah SMSA

368
188

391
188

34.5
34.1

33.0
34.3

543
339

1,549
1,838

1,096
638

2,795
3,366

South Georgia
Albany SMSA

506
76

516
87

34.4
34.4

32.5
34.6

601
122

1,210
1,640

1,278
255

2,459
2,852

Georgia

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

https://fraser.stlouisfed.org
44
Federal Reserve
Bank of St. Louis

GEORGIA'S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES
1969 - 70
(Millions of Dollars and Percentages)

TOTAL REVENUE $2398


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

TOTAL EXPENDITURE $2511

45

Selected Statistics, Insured Commercial Banks, Georgia1
(Millions of Dollars)
Deposits

(Number)

Loans

Investments

Banks

1950

1960

1970

1950

1960

1970

1950

1960

1970

1950

1960

1970

1,734

2,927

7,251

727

1,508

4,733

600

928

1,928

329

363

441

^4,078
i 851

1,818
1,396

4,429
3,258

449
363

943
768

2,916
2,198

370
276

535
357

1,111
744

128
32

144
40

17p

Augusta Area
Augusta SMSA 2

110
72

180
113

491
297

51
38

95
67

319
205

33
19

60
30

149
81

28
3

30
4

40
7

Columbus Area
Columbus SMSA

95
46

182
105

444
272

37
19

96
63

276
175

39
18

62
28

139
78

19
6

21
8

27
9

Macon Area
Macon SMSA

169
68

276
107

744
296

66
33

130
62

465
210

64
22

106
27

223
63

72
3

75
5

90
7

Savannah Area
Savannah SMSA

152
111

238
160

561
351

74
62

139
100

395
266

43
27

68
40

124
63

28
7

31
8

39
10

South Georgia Area
Albany SMSA

153
29

267
50

636
127

58
15

119
29

399
83

56
7

111
18

203
38

59
5

67
5

77
4

State Total
Atlanta Area
Atlanta SMSA

1 All data are December figures.
2 Aiken County, South Carolina, excluded.

NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 41.

Digitized
46for FRASER
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Federal Reserve Bank of St. Louis

57?

Trade and Services, Georgia
Retail Trade

Atlanta Area
1963
1967
Atlanta SMSA
1963
1967
Augusta Area
1963
1967
Augusta SMSA
1963
1967

Columbus Area
1963
1967
Columbus SMSA
1963
1967

Wholesale Trade

Selected Services

Employment1

Sales
($ Millions)

Establish­
ments

17,332
18,668

99,636
122,154

2,449
3,412

3,787
4,147

8,146
9,351

65,670
82,725

1,619
2,337

2,821
3,167

3,490
3,655

15,855
18,224

368
512

424
456

3,181
4,270*

192
307*

1,642
1,930

5,471
6,675*

37
58

1,894
1,992

10,358
12,548

249
362

264
291

2,334
3,234

146
239

1,005
1,229

3,943
5,186

27
45

3,145
3,219

15,364
18,206

351
476

353
374

3,392
1,168*

225
102*

1,472
1,603

6,083
6,265*

38
53*

1,730
1,870

9,882
11,692

229
308

219
236

2,282
3,476

144
209

903
1,011

4,222
4,625

28
39

3,442
5,656

23,563
26,937*

561
720

741
753

6,250
6,998*

399
552

2,344
2,678

7,579
7,855*

52
70

1,557
1,694

9,721
11,585

232
317

261
273

2,930
3,526

173
249

898
1,037

3,996
4,304

31
40

3,485
3,494

17,557
19,279

400
505

541
524

5,193
5,682*

448
518*

1,810
1,928

6,801
7,328

50
65

1,577
1,534

9,591
10,421

218
276

316
319

3,505
4,314

335
409

932
962

3,904
3,795

28
36

5,037
5,301

21,939
25,501*

523
672

758
781

7,340
7,149*

471
601*

6,884
7,493*

46
63*

4,179
4,842

99
128

147
155

1,958
1,740

124
151

1,712
1,846

13
17

Establish­
ments

Employment1

V • - •
50,289
61,064*
42,691
53,319

Establish­
ments

Employment1

Sales
($ Millions)

6,364
9,174*

10,392
12,209

45,408
57,489

414
670

5,733
8,498

6,120
7,382

34,022
45,551

336
564

Sales
($ Millions)

Macon Area
1963
1967
Macon SMSA
1963
1967

Savannah Area
1963
1967
Savannah SMSA
1963
1967

South Georgia Area
1963
1967
Albany SMSA
1963
1967

684
758

2,318
2,517
400
466

1 Includes employees and proprietors.
*May be understated because of insufficient data.


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Federal Reserve Bank of St. Louis

47

Georgia

Selected Agricultural Statistics
TYPE OF FARMING AREA
Limestone

Farm population

Average value of land and buildings
per farm
Number of farms with:
Less than 500 acres

500 acres or more

Average acreage per farm

Acreage by type of operator (Thous.)
Full owner

Tenant
Value of products sold
Crops as % total

Livestock as % total
Total ($ Thousands)

Appalachian

Piedmont

Upper
Coastal
Plain

Peanut

Lower
Coastal
Plain

Flatwoods

Georgia

1960
1970

26,675
18,220

14,682
9,382

112,170
78,745

57,054
29,107

87,825
43,391

90,686
59,428

18,176
15,266

407,268
253,539

1964
1969

20,121
37,785

14,894
29,764

24,058
49,837

28,709
52,793

46,093
85,320

32,403
55,976

35,346
46,810

29,155
54,884

1964
1969
1964
1969

6,540
5,090
297
304

4,867
3,318
114
79

26,935
20,097
1,690
1,484

8,417
6,858
1,276
1,206

9,872
8,343
2,009
2,023

15,684
13,517
1,444
1,512

3,796
3,221
425
379

76,111
60,444
7,255
6,987

1964
1969

146.8
164.2

99.1
100.6

162.2
175.5

287.9
310.6

344.5
374.9

217.4
233.5

269.6
247.1

214.6
234.4

1964
1969
1964
1969

635.2
665.6
84.6
44.6

397.8
290.6
24.7
6.2

2,971.5
2,664.0
397.1
148.0

1,421.7
1,348.5
236.1
164.8

1,580.6
1,738.8
407.6
354.9

1,906.6
2,084.6
387.5
228.9

690.9
665.01
74.6
25.91

9,604.4
9,461.22
1,6123
974.02

1964
« 1969
1964
1969
1964
1969

13.6
9.8
86.4
90.2
58,382
58,547

2.9
2.2
97.1
97.8
49,503
65,169

11.5
5.8
88.5
94.2
230,555
299,655

56.0
38.0
44.0
62.0
85,279
111,992

72.1
62.1
; 27.9
37.9
193,260
231,506

67.1
45.8
32.9
54.2
157,532
■ 210,058

52.9
32.4
47.1
67.6
25,187
41,783

42.8
31.4
57.2 ■
68.6
799,7003
1,018,297

41,123
44,210
53,718

• 41,633
51,496
58,029

175,532
232,673
277,221

47,224
75,258
106,281

94,963
128,420
204,482

82,493
128,064
182,763

15,645
27,624
35,622

498,6163
687,7443
918,116

•

Farm expenditures ($ Thousands)

1964
19694
19695

C
/1

1 May be understated because of data withheld to avoid disclosures.
^Sum of areas does not equal state total because data withheld to avoid disclosures in Flatwoods area,
^Expenditures for items reported in both 1964 and 1969.
Sum of areas does not equal total because of rounding.
Includes expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.


48
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Federal Reserve Bank of St. Louis

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

LOUI

TRADE AND BANKING AREAS

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. The city has assumed the role of an industrial
center, with ship building and repairs, food products, and oil refining
as its major manufacturing industries. New Orleans is the administra­
tive and financial center of the rich petroleum and natural gas fields
of South Louisiana, including offshore areas in the Gulf of Mexico.

LAFAYETTE-IBERIA-HOUMA is primarily an agricul­
tural area, with sugarcane and rice as chief products. One of the
largest sweet potato growing areas in the United States is located
in Saint Landry and Lafayette Parishes. Those employed in man­
ufacturing are dependent on the dominant crops; processing of
food and kindred products account for nearly one-third of 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 agriculture. Lafayette has also developed into
an important center for the oil and gas industry.

Digitized
50for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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
of 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 economy. It is the only trade and banking
area in the state which lists manufacturing as its chief employer.
About two-fifths of those employed in manufacturing work in
petroleum, petrochemical, and related industries. One of the
world’s largest oil refineries 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.

Louisiana

■ ■■■ ■
CLAIBORNE

life

I MOREHOUSE

UNION

) CARROLL}

LINCOLN

^RICHLAND / MADISON!

BIENVILLE

JACKSON

RED

CALDWELL)

. RIVER

. WINN

TENSAS*

SFRANKLIN

LA

CATAHOULA

SALLE

< SABINE

GRANT |

I

■■■■ Trade and Banking Areas
■ i ■ Counties Outside the District
• ■•■•■I

i WASHINGTON

'BEAUREGARD

Standard Metropolitan Statistical Areas
1.
2.
3.
4.
5.
6.
7.

Alexandria (Rapides)
Baton Rouge (East Baton Rouge)
Biloxi—Gulfport (Harrison, Miss.)
Lafayette (Lafayette)
Lake Charles (Calcasieu)
Monroe (Ouachita)
New OrleansjHancock, Harrison, Miss., Jefferson,
Orleans, St. Bernard, St. Tammany, La.)

Twiowf, B ATQCs|--RdUGE:<^(
]. ,F3

P

LAKE CHARLES.

CAMERON

nmai

S 4 JrVfL

LAFAYETTE'

I
I

BONNE

8. Shreveport (Bossier, Caddo)


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

SI

Civilian Employment in Louisiana, 1970
MAJOR COMPONENTS

Percent

PERCENTAGE DISTRIBUTION
Alexandria-Lake Charles
Lake
Alexandria Charles
SMSA
Area
SMSA

Total
Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale trade
Retail trade
Fin., ins., and real estate
Other

Baton Rouge

Area

Baton Rouge
SMSA

Lafayette-Iberia-Houma

Area

Lafayette
SMSA

New Orleans
BiloxiNew
Gulfport Orleans
Area
SMSA
SMSA

Louisiana
(6th District Part)

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

6.0
9.4
14.8
5.1
9.7
7.3
4.1
16.9
3.7
37.8

4.3
7.1
12.2
6.2
6.0
8.0
4.9
16.3
4.8
42.4

2.3
10.8
19.0
3.2
15.8
7.2
5.3
16.8
4.0
34.6

3.0
11.2
18.0
3.8
14.2
5.8
3.7
14.6
4.5
39.2

1.1
9.9
17.3
2.8
14.5
5.3
4.2
14.9
5.4
41.9

7.6
8.8
10.4
4.6
5.8
8.3
4.4
17.2
3.1
40.2

3.7
7.8
5.4
1.9
3.5
8.2
5.3
19.5
4.8
45.3

1.7
7.9
15.3
7.6
7.7
10.1
5.8
16.7
5.3
37.2

1.6
11.4
12.1
6.6
5.4
7.6
3.0
17.9
4.7
41.7

0.8
7.2
14.1
7.6
6.5
10.9
6.6
16.9
5.8
37.7

3.7
8.7
14.8
6.0
8.8
8.6
5.1
16.4
4.6
38.1

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 51. The 1970 Census agricultural employment statistics reported above fall substantially below estimates of the
U. S. Dept. of Labor and may represent possible underreporting.
Digitized for52
FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Manufacturing Employment in Louisiana, 1970
MAJOR COMPONENTS

Percent

Percent

- 100

100 OTHER

80 -

BI
60 -

CHEMICALS
PRINTING &
PUBLISHING

TEXTILES

40 -

FOOD

TRANS. EQUIP.

20 -

MACHINERY
METAL INDUSTRIES

FURN., LUMBER
& WOOD

Baton Rouge

Alexandria-Lake Charles

Lafayette-lberia-Houma

LOUISIANA

New Orleans

PERCENTAGE DISTRIBUTION
Alexandria-Lake Charles

Area
Total
Durable goods
Furn., lumber, and wood
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables

Nondurable goods
Food and kindred products
Textiles & fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

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Federal Reserve Bank of St. Louis

Lake
Alexandria Charles
SMSA
SMSA

Baton Rouge

Lafayette-lberia-Houma

Area

Baton Rouge
SMSA

Area

Lafayette
SMSA

100.0
34.3
15.4
5.1
2.5
0.4
4.7
6.2

100.0
50.7
26.1
10.7
2.6
0.9
2.1
8.3

100.0
16.9
1.4
3.0
2.0
0.2
4.8
5.5

100.0
21.0
4.6
6.3
2.0
0.7
1.9
5.5

100.0
16.0
1.1
6.0
1.6
0.7
1.0
5.6

100.0
43.9
2.9
7.0
8.1
0.6
18.4
6.9

100.0
35.7
3.9
6.7
6.8
1.9
4.0
12.4

65.7
9.8
1.1
4.3
21.6
28.9

49.3
17.5
1.4
7.3
5.6
17.5

83.1
6.1
0.1
3.5
36.8
36.6

79.0
6.7
0.9
4.0
43.2
242

84.0
6.2
0.4
5.1
45.2
27.1

56.1
29.8
2.9
4.7
8.8
9.9

64.3
37.7
1.0
12.2
5.6
7.8

New Orleans

BiloxiGulfport New Orleans
Area SMSA
SMSA

100.0 100.0
49.6 55.0
3.4
6.0
14.4 12.3
4.1
2.9
1.2
2.9
16.6
16.4
11.1
13.3
50.4
14.8
8.1
5.4
8.3
13.8

45.0
13.2
10.2
9.1
3.3
9.2

Louisiana
(6th District
part)

100.0
53.6
2.1
17.0
3.2
1.3
17.3
12.7

100.0
40.3
5.2
10.4
3.4
0.8
11.9
8.6

46.4
15.1
9.0
6.1
4.9
11.3

59.7
14.7
4.7
4.7
17.8
17.8

S3

Thousands

Population (Thousands)

INVVflVIC.

Income

Demographic Characteristics

Nonwhite Percent of Population

Personal
Income
($ Mil.)

Per Capita
Income

Personal
Income
($ Mil.)

Per Capita
Income

1959

1969

1969

1960

1970

1960

1970

1959

2,424

2,791

30.1

28.8

4,018

1,731

8,166

2,941

Alexandria-Lake Charles Area
Alexandria SMSA
Lake Charles SMSA

420
111
145

468
118
145

24.3
30.5
20.9

22.9
28.2
22.1

627
157
282

1,514
1,432
1,969

1,264
295
448

2,702
2,496
3,068

Baton Rouge Area
Baton Rouge SMSA

394
230

467
285

36.5
31.8

32.6
28.9

610
480

1,688
2,120

1,336
923

2,881
3,273

Lafayette-Iberia-Houma Area
Lafayette SMSA

519
85

602
112

26.6
24.0

24.5
21.8

676
140

1,323
1,676

1,360
301

2,272
2,737

1,225
119
907

1,405
135
1,406

30.0
16.1
30.9

30.2
17.5
31.4

2,308
189
1,906

1,980
1,611
2,133

4,715
437
3,723

3,373
3,256
3,574

Louisiana
(6th District part)

New Orleans Area
Biloxi-Gulfport SMSA
New Orleans SMSA
k

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 51.


https://fraser.stlouisfed.org
54
Federal Reserve Bank of St. Louis

LOUISIANA'S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES
1969 - 70


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

(Millions of Dollars and Percentages)

TOTAL REVENUE $2124

TOTAL EXPENDITURE $2058

55

Selected Statistics, Insured Commercial Banks, Louisiana1
(Millions of Dollars)

Deposits
1950

1960

(Number)
Investments

Loans
1970

1950

1960

1970

1950

1960

Banks

1970

1950

1960

1970

1,127

2,256

5,078

358

933

2,627

593

887

1,840

93

115

148

Alexandria-Lake Charles Area
Alexandria SMSA
Lake Charles SMSA

194
85
54

295
108
99

444
200
151

57
25
16

115
48
36

290
80
78

85
38
23

125
41
44

256
88
48

20
5
3

25
5
4

32
6
5

Baton Rouge Area
Baton Rouge SMSA

172
133

334
270

972
793

44
36

142
117

547
454

87
70

136
108

374
303

20
5

23
7

28
8

Lafayette-Iberia-Houma Area
Lafayette SMSA

184
31

356
60

860
160

47
11

123
27

394
91

86
12

165
19

360
45

33
2

41
3

50
4

New Orleans Area
Biloxi-Gulfport SMSA
New Orleans SMSA

613
34
544

1,331
56
1,180

2,792
212
2,365

220
9
202

576
23
520

1,499
117
1,273

356
20
315

490
27
410

925
83
752

25
4
11

31
4
16

42
3
25

State Total2

1 All data are December figures.
2 Sixth District portion only.

NOTE: The “Areas" are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 51.

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

Trade and Services, Louisiana

Alexandria-Lake Charles
Area
1963
1967
Alexandria SMSA
1963
1967
Lake Charles SMSA
1963
1967
Baton Rouge Area
1963
1967
Baton Rouge SMSA
1963
1967
Lafayette-Iberia-Houma
Area
1963
1967
Lafayette SMSA
1963
1967
New Orleans Area
1963
1967
Biloxi-Gulfport SMSA
1963
1967
New Orleans SMSA
1963
1967

Selected Services

Wholesale Trade

Retail Trade

Establish­
ments

Employment1

Sales
($ Millions)

3,417
4,105

16,177
19,526

396
543

451
478

7,627
4,608

270
369

1,543
2,919

5,435
8,486

38
74

775
,1/)14

4,558
5,630

111
150

150
164

1,538
1,840

111
149

350
558

1,820
2,187

12
19

1,110
1,269

5,731
6,837

146
195

165
173

1,661
2,000

111
152

634
773

2,102
2,263

16
20

2,672
3,273

16,475
20,907

418
625

457
571

4,046
6,233*

305
578*

1,276
2,021

5,516
7,396*

45
74

1,564
1,902

12,258
15,755

317
473

367
463

3,619
5,551

274
525

947
1,411

4,794
6J401

41
65

4,631
5,795

21,494
27,228

500
731

826
899

6,488
7,427

463
630

2,172
3,257

10,755
9,379

65
110

781
1,033

4,611
6,218

110
158

210
241

1,697
2,338

119
193

449
701

1,827
2,418

22
21

8,838
10,981

61,490
75,909

1,414
1,985

2,153
2,281

26,817
30,802

2,840
3,823

5,666
7,615

26,736
39,728

264
381

1,109
1,276

6,168
7,304

131
184

144
144

1,284
1,262

76
83

761
824

3,381
4,259

24
34

6,202
7,778

57,842
60,653

1,123
1,575

1,801
1,918'

24,028
27,723

2,655
3,500

4,331
5,836

25,709
32,901

227
322

1 Includes employees and proprietors.

*May be understated because of insufficient data.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Establish­
ments

Employment1

Sales
($ Millions)

Establish­
ments

Employment1

Sales
($ Millions)

57

Louisiana

Selected Agricultural Statistics
TYPE OF FARMING AREA
Rice

Farm Population

Average value of land and buildings
per farm

Number of farms with:
Less than 500 acres
500 acres or more

Average acreage per farm

Acreage by type of operator (Thous.)
Full owner
Tenant

.

Value of products sold
Crops as % total
;

Livestock as % total

Total ($ Thousands)

. i

•*

Sugarcane

Silt
Loam

Gulf
Truck

Non-District
Area

Louisiana

1960
1970

33,205
32,876

75,012
56,525

5,798
4,897

23,011
20,536

96,075
55,668

233,101
170,502

1964
1969

55,186
87,269

43,505
76,682

50,821
124,854

24,838
49,650

N.A.
68,694

38,636
74,414

1964
1969
1964
1969

9,879
7,093
1,141
1,213

16,004
11,149
763
929

2,107
1,188
217
211

8,192
4,458
155
139

22,352
13,951
1,656
1,938

58,534
37,839
3,932
4,430

1964
1969

234.8
284.7

137.9
185.8

208.3
314.3

91.1
125.0

177.9
262.2

166.7
231.6

1964
1969
1964
1969

601.6
602.1
429.9
463.1

637.7
735.5
440.1
461.6

288.2
215.1
57.7
37.5

• 396.4
326.8
74.9
45.3

2,032.6
1,872.8
481.5
539.3

3,896.5
3,752.3
1,478.1
1,546.8

1964
1969
1964
1969
1964
1969

80.7..
78.0
19.3
22.0
98,376
113,620

82.7
78.3
17.3
21.7
103,664
130,645

31.5
24.3
68.5
75.7
9,172
13,543

18.1
9.1
81.9
90.9
43,129
59,840

69.4
54.9
30.6
45.1
148,580
175,290

69.2
60.0
30.8
40.0
402.9201
492,938

1964
19692
19693

34,373
51,322
85,624

50,251
59,834
107,277

6,040
9,202
13,061

25,065
40,539
52,078

71,190
100,729
164,787

186,919
261,4351
422,827

Farm expenditures ($ Thousands)

^Sum of areas does not equal total because of rounding.
^Expenditures for items reported in both 1964 and 1969.
3Includes expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.


https://fraser.stlouisfed.org
58
Federal Reserve Bank of St. Louis

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

MISSIS ild J

TRADE AND BANKING AREAS

The JACKSON area is dominated economically by the
capital city. Steady population growth there has resulted in a
concentrated labor pool which has attracted many manufacturing
firms producing for national markets. Outside of Hinds and Rankin
Counties, this is a rural, agricultural area of declining population,
dotted here and there with light manufacturing activity. Timber
is important and cattle, cotton, and poultry are the chief products.

The HATTISBURG-LAUREL-MERIDIAN area’s economy
is based on timber and timber-related products from both hard
and soft woods. Pulp and furniture are traditional industries, hard­
board has become a staple, and mobile home manufacturing is
growing steadily. Cattle, poultry, and cotton farming occupy a
declining farm population. Overall, however, the area’s popu­
lation has been on the rebound since the mid-1960’s, especially
near the strategic crossroads of Meridian and the growing
University of Southern Mississippi complex at Hattiesburg.


60
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

The NATCHEZ area is the richest part of the state
historically, but the economy is not so fortunate. This is an
area of tourism, scattered and diverse light manufacturing
operations, and an agriculture concentrated in cotton, soybeans,
and cattle. Outside of Natchez and Vicksburg, the largely rural
population has been shrinking slowly ever since World War II.

Note: The Mississippi Gulf Coast counties of Hancock
and Harrison (Gulfport-Biloxi) are included in the New
Orleans Trade and Banking Area on page 54. Jackson
county (Pascagoula) is included in the Mobile Trade and
Banking Area.

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

TISHOMINGO

Mississippi

VICKSBURG^
Iff:
■■■■ Trade and Banking Areas
■i

h

Counties Outside the District
Standard Metropolitan Statistical Area
1. Biloxi—Gulfport (Harrison, Hancock)
2. Jackson (Hinds, Rankin)

NATCHEZ

I

61

Civilian Employment in Mississippi, 1970
MAJOR COMPONENTS

PERCENTAGE DISTRIBUTION
Hattiesburg-Laurel-Meridian

Total

Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale trade
Retail trade
Fin., ins., and real estate
Other

Natchez

Jackson

Mississippi

Area

Lauderdale
County

Area

Jackson
SMSA

Area

Adams
County

Warren
County

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

5.2
8.3
27.0
13.8
13.2
6.6
3.2
14.8
2.6
32.2

1.8
6.7
19.2
9.3
9.9
8.9
5.2
17.7
3.6
36.9

5.8
7.5
21.2
11.4
9.8
6.8
4.4
14.6
5.1
34.6

2.5
7.3
14.6
8.4
6.1
7.6
5.9
15.0
7.3
39.9

7.3
9.0
24.2
11.7
12.6
6.0
2.6
14.9
2.3
33.7

2.6
4.9
24.4
4.2
20.2
5.3
5.0
17.3
3.3
37.2

2.6
14.5
20.9
17.0
6.5
6.1
2.2
16.4
2.5
34.8

5.1
8.4
23.8
13.0
10.8
6.5
3.5
14.9
3.8
33.8

(6th District part)

NOTE: Trade and Banking Areas and Standard Metropolitan Areas depicted on page 61. The 1970 Census agricultural employment statistics reported above fall substantially below estimates of the
S. Dept. of Labor and may represent possible underreporting.
Digitized for U.
FRASER
62
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Manufacturing Employment in Mississippi, 1970
MAJOR COMPONENTS
Percent

Percent

100

100
OTHER

CHEMICALS

80 -

- 80

PRINTING &
PUBLISHING

TEXTILES

- 60

60 FOOD

40

ifiiilrt fihl

mriiifiTTija

TRANS. EQUIP.

- 40

MACHINERY
METAL INDUSTRIES

- 20

20
FURN., LUMBER
& WOOD

Jackson

Hattiesburg-Laurel-Meridian

Natchez

MISSISSIPPI

6th Dist. part

PERCENTAGE DISTRIBUTION
Hattiesburg-Laurel-Meridian

Total

Area

Lauderdale
County

Jackson

Area

Natchez
Jackson
SMSA

Adams
County

Warren
County

100.0

100.0

100.0

100.0

68.9
22.2
3.5
15.7
16.8
4.7

545
21.0
4.1
4.0
6.3
10.9
8.1

31.1
9.5
0.3
1.5
4.5
15.3

45.5
9.5
16.5
2.6
3.7
13.2

Area

100.0

100.0

100.0

Durable goods
Furn., lumber, and wood
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables

51.2
29.3
3.1
1.8
5.5
5.6
5.9

48.4
23.4
7.1
1.4
2.1
4.3
10.2

53.9
19.4
5.3
6.6
9.6
1.9
11.1

58.0
12.2
5.5
11.1
9.9
1.5
17.7

48.2
27.6
1.9
6.5
5.5
2.7
3.9

17.4
11.1
1.8
1.3
0.2
0.2
2.8

Nondurable goods
Food and kindred products
Text, and fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

48.8
9.2
23.7
1.7
4.2
10.0

51.6
13.6
14.2
5.4
1.1
5.9

46.1
12.6
17.1
3.7
3.3
9.4

42.0
14.7
6.5
7.4
3.0
10.4

51.8
5.6
9.3
1.2
2.1
33.7

82.6
5.1
—
1.4
0.9
75.2


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

100.0

Mississippi
(6th District
part)

5.9

63

POPULATION

INCOME

Thousands

Population & Income, Mississippi
Population (Thousands)

Demographic Characteristics

Income

Personal
Income
($ Mil.)

Per Capita
Income

Personal
Income
($ Mil.)

1970

1959

1959

1969

1969

Nonwhite Percent of Population

Per Capita
Income

1960

1970

1960

1,219

1,242

37.2

33.7

1,511

1,282

3,092

2,479

Hattiesburg-Laurel-Meridian
Area
Lauderdale County

381
67

388
67

30.7
35.0

27.6
31.2

438
97

1,171
1,478

834
185

2,137
2,732

Jackson Area
Jackson SMSA

496
221

516
259

43.8
39.8

40.0
37.4

656
392

1,348
1,803

1,313
782

2,529
3,033

Natchez Area
Adams County
Warren County

153
38
42

146
37
45

56.2
49.5
46.8

52.0
48.1
41.1

177
60
60

1,179
1,630
1,444

345
111
127

2,334
2,942
2,803

Mississippi
(6th District part)

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 61. Harrison and Hancock counties (Gulfport Biloxi) are included in the New Orleans Trade and Banking
Area on page 54. Jackson county (Pascagoula) is included in the Mobile Trade and Banking Area.
Digitized64
for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

MISSISSIPPI'S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES


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

1969 - 70
(Millions of Dollars and Percentages)

TOTAL REVENUE $1149

TOTAL EXPENDITURE $1161

65

Selected Statistics, Insured Commercial Banks, Mississippi1
(Number)

(Millions of Dollars)

675

93

92

87

73
21

91
20

177
34

33
3

33
3

35
3

641
445

120
67

168
93

345
186

40
9

40
9

36
9

102
49

28
20

32
20

55
24

12
4

12
4

9
3

1950

1960

2,048

129

370

1,185

248

209
49

499
92

33
10

85
20

264
45

254
159

471
320

1,055
694

68
47

215
160

55
38

75
51

172
80

15
11

35
26

State Total2

486

848

Hattiesburg-Laurel-Meridian
Area
Lauderdale County

133
37

Jackson Area
Jackson SMSA

Natchez Area
Adams and Warren Counties

337

1970

1970

1 All data are december figures.

2 Sixth District portion only.

NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 61.


66
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1970

1950

1960

1960

1960

1970

1950

1950

Banks

Investments

Loans

Deposits

Trade and Services, Mississippi

Retail Trade

Establish­
ments
Hattiesburg-LaurelMeridian Area
1963
1967
Lauderdale County
1963
1967
Jackson Area
1963
1967
Jackson SMSA
1963
1967

Natchez Area
1963
1967
Adams County
1963
1967
Warren County
1963
1967

Employment1

Wholesale Trade
Sales
($ Millions)

Establish­
ments

Employment1

Selected Services
Sales
($ Millions)

3,514
3,718

14,537
16,132

331
432

454
480

3,938
4,449*

270
319*

718
733

3,631
3,908

79
102

129
133

1,683
1,915

122
150

4,147
4,614

19,633
23,506

485
675

713
756

6,983
8,122

1,717
2,030

10,463
13,045

266
380

438
489

1,306
1,268

5,813
6,226

138
166

373
347

2,045
2,812

409
423

2,058
2,521

Establish­
ments

Employment1

Sales
($ Millions)

4,770
5,038*

33
41

411
414

1,421
1,352

9
12

535
760

2,168
2,436

9,113
9,731

66
102

5,379
6,538

411
607

1,121
1,304

6,644
7,338

51
78

171
177

1,546
1,245

113
102*

510
562

1,732
1,898*

12
15*

49
58

75
79

837
683

49
48

169
194

673
673

5
6

49
65

49
49

488
370

43
32

171
184

694
882

5
7

1,754
1,855

1 Includes employees and proprietors.
*May be understated because of insufficient data.
NOTE: Harrison and Hancock counties (Gulfport-Biloxi) are included in the New Orleans Trade and Banking Area on page 54.
Jackson county (Pascagoula) is included in the Mobile Trade and Banking Area.


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Federal Reserve Bank of St. Louis

67

NON-DISTRICT
AREA

I

Mississippi
Selected Agricultural Statistics
TYPE OF FARMING AREA

Farm population

Average value of land and buildings
per farm
Number of farms with:
Less than 500 acres

500 acres or more

Average acreage per farm
Acreage by type of operator (Thous.)
Full owner
Tenant

Value of products sold
Crops as % total

Livestock as % total

Total ($ Thousands)

Silt Loam

Alabama-Mississippi
Timber

1960
1970

73,930
38,956

129,813
71,397

1964
1969

26,696
58,432

1964
1969
1964
1969

Gulf
Truck

Non-District
Area

Mississippi

3,359
5,869

335,734
145,270

542,836
261,492

16,169
30,403

21,911
50,262

N.A.
63,018

24,322
51,611

15,046
9,657
1,427
1,388

35,116
22,479
1,124
1,031

1,482
778
45
38

50,986
33,132
3,919
4,074

102,630
66,046
6315
6331

1964
1969

212.8
290.6

126.2
152.5

109.1
141.9

173.2
245.3

162.6
221.0

1964
1969
1964
1969

1,666.4
1,500.5
332.3
241.4

3,2792
2,671.5
193.4
91.7

127.5
86.8
10.0
5.6

3,845.8
4,020.9
1,380.0
1,046.9

8,918.9
8379.7
1,915.8
1,385.6

1964
1969
1964
1969
1964
1969

60.4
44.1
39.6
55.9
85,248
99,753

19.6
7.0
80.4
93.0
163,035
207,582

27.1
15.2
72.9
84.8
2,768
3,031

82.7
67.7
17.3
323
465,572
366,080

65.5
453
343
54.7
716,623
676,446

1964
19692
19693

39,623
62,954
98,930

125,721
161,296
189,928

2,261
2,391
3,246

159,507
197,612
358,872

327,112
424,253
650,9771

Farm expenditures ($ Thousands)

'

lSum of areas does not equal total because of rounding.
2Expenditures for items reported in both 1964 and 1969.
3Includes expenditures for agricultural chemicals and other farm supplies not reported in the 1964 Census.

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Federal Reserve Bank of St. Louis


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Federal Reserve Bank of St. Louis

TENNE

Trade and Banking 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 indus­
try 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 production is well
diversified and accounted for nearly two-thirds of total cash
farm receipts in 1969. Cash receipts from crops, chiefly cotton,
accounted for one-seventh of total cash receipts in 1969.
The KNOXVILLE area possesses^ diversified economy,
with manufacturing, trade, education, and public administration
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 development as a distribution center.
Apparel and textile industries account for over 25 percent of manu­
facturing 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 more important, however, accounting for about twothirds of total farm cash receipts in 1969.

The NASHVILLE area is most diversified, being the only
area in the District where the top four manufacturing industries
account for less than one-half of manufacturing employment.


70
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Federal Reserve Bank of St. Louis

The city of Nashville maintains a good balance of industrial, com­
mercial, 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 Develop­
ment Center, respectively, for much of their economic activity.
Livestock farming provided nearly three-quarters of the farm
cash receipts in 1969; cotton and tobacco are the most important
cash crops. 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 work clothes and chemi­
cals. Kingsport has the second highest average family income in
the state because of its chemical industry, which produces synthe­
tic fibers, plastics, and industrial chemicals. Other industries
include paper and textile mills. Johnson City, which has a more
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

BRISTOL

JOHNSON

CITY

■■ ■■ Trade and Banking Areas
Mi

m

Counties Outside the District
Standard Metropolitan Statistical Areas
1.
2.
3.
4.

Chattanooga (Hamilton, Tennessee; Walker, Georgia)
Memphis (Shelby, Tennessee; Crittenden, Arkansas)
Nashville (Davidson, Sumner, Wilson)
Knoxville (Anderson, Blount, Knox)

71

Civilian Employment in Tennessee, 1970
MAJOR COMPONENTS

PERCENTAGE DISTRIBUTION
Knoxville

Chattanooga
Chattanooga
SMSA
Area
Total
Agriculture
Construction
Manufacturing
Durable goods
Nondurable goods
Trans., comm., and public utilities
Wholesale trade
Retail trade
Fin., ins., and real estate
Other

100.0
3.4
6.7
39.4
14.8
24.6
6.1
3.0
13.4
3.6
24.3

100.0
1.1
5.8
35.2
14.2
21.0
7.4
4.1
14.1
5.1
27.1

Area

100.0
3.2
7.3
32.1
12.4
19.7
6.2
3.7
14.9
3.2
29.3

Knoxville
SMSA

100.0
1.4
6.8
26.9
9.6
17.2
7.2
4.8
15.6
3.9
33.5

Nashville

Area
100.0
4.9
7.4
28.3
12.2
16.1
6.4
4.0
14.4
4.6
30.0

Tri-Cities

Nashville
SMSA

Area

Sullivan
SMSA

100.0
1.7
6.7
23.6
9.4
14.1
7.2
5.6
15.2
6.3
33.8

100.0
4.8
7.9
39.2
14.7
24.5
5.9
3.2
13.2
2.5
23.4

100.0
2.1
7.5
41.6
11.5
30.1
6.6
3.8
14.2
2.7
21.5

Washington
County
100.0
4.1
8.5
30.6
13.7
16.9
4.5
3.9
13.7
3.3
31.4

Tennessee
(6th
District)

100.0
4.2
7.3
32.5
13.4
19.1
63
3.6
14.2
3.9
28.1

NOTE: Trade and Banking Areas and Standard Metropolitan Statistical Areas depicted on page 71. The 1970 Census agricultural employment statistics reported above fall substantially below estimates of the

^2 U- S. Dept. of Labor and may represent possible underreporting.
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Federal Reserve Bank of St. Louis

Manufacturing Employment in Tennessee, 1970
MAJOR COMPONENTS
Percent

Percent

100 -

- 100
OTHER

80

CHEMICALS

- 80

PRINTING &
PUBLISHING

60

- 60

TEXTILES

40

- 40

FOOD

TRANS. EQUIP.
MACHINERY

i ii ii iijiiiii

ifhhfiinni

lllllllllllllll

20

20
METAL INDUSTRIES

FURN., LUMBER
& WOOD

Chattanooga

Knoxville

TENNESSEE

Tri-Cities

Nashville

6th Dist. part

PERCENTAGE DISTRIBUTION
Chattanooga

Total

Area

Chattanooga
SMSA

Knoxville

Area

Nashville

Tri-Cities

Knoxville
SMSA

Area

Nashville
SMSA

Area

Sullivan
County

Washington
County

Tennessee
(6th District
part)

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

Durable goods
Furn., lumber, and wood
Metal industries
Machinery, except electrical
Electrical machinery
Transportation equipment
Other durables

37.6
5.8
13.7
3.3
5.9
1.8
7.0

40.3
2.8
18.2
4.3
3.1
1.9
10.1

38.7
10.6
12.7
3.2
2.7
2.2
7.3

35.8
2.0
18.1
3.6
1.1
1.9
9.1

43.0
7.6
6.8
5.0
6.1
7.7
9.8

40.1
5.2
7.6
3.3
3.6
10.2
10.2

37.6
6.2
5.3
4.6
12.5
1.1
7.9

27.6
1.7
3.3
5.8
9.3
0.8
6.7

44.7
9.3
7.2
3.1
13.2
0.2
11.6

41.3
7.9
9.4
4.2
6.5
4.8
8.5

Nondurable goods
Food and kindred products
Textiles & fabricated text. prod.
Printing and publishing
Chemicals and allied products
Other nondurables

62.4
4.7
38.6
2.0
7.8
9.3

59.7
6.4
28.9
2.9
12.1
9.4

61.3
6.1
25.4
2.7
19.5
7.5

64.2
6.7
22.1
3.9
25.6
5.9

57.0
5.6
22.4
7.5
5.2
16.3

59.9
7.1
15.1
13.8
7.8
16.1

62.4
3.5
13.9
7.0
29.3
8.8

72.4
3.0
9.3
9.4
21.2
10.0

55.3
6.7
19.5
5.1
17.6
65

58.7
5.2
23.5
5.0
13.1
11.9


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Federal Reserve Bank of St. Louis

73

POPULATION

INCOME

Thousands

Population (Thousands)

Income

Demographic Characteristics

Nonwhite Percent of Population

Personal
Income
($ Mil.)

Per Capita
Income

Personal
Income
($ Mil.)

Per Capita
Income

1960

1970

1960

1970

1959

1959

1969

1969

2,484

2,729

10.1

9.7

3,799

1,726

7,747

2,800

Chattanooga Area
Chattanooga SMSA

615
283

665
305

10.4
17.7

10.1
16.5

842
529

1,492
1,894

1,846
1,031

2,783
3,387

Knoxville Area
Knoxville SMSA

658
368

705
400

6.1
7.6

5.4
7.4

944
668

1,454
1,838

1,831
1,240

2,605
3,109

Nashville Area
Nashville SMSA

979
464

1,109
541

13.9
18.4

13.6
18.1

1,541
918

1,594
2,004

3,234
1,910

2,937
3,567

Tri-Cities
Sullivan County
Washington County

319
-114
65

353
127
74

2.8
2.6
4.6

2.8
2.7
4.3

458
217
93

1,453
1,927
1,452

972
482
180

2,769
3,810
2,458

Tennessee
(6th District part)

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


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74
Federal Reserve Bank of St. Louis

TENNESSEE'S STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES


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Federal Reserve Bank of St. Louis

1969 - 70
(Millions of Dollars and Percentages)

TOTAL REVENUE $1859

TOTAL EXPENDITURE $1951

Public Welfare
y^$159 (8.1%)

Health and Hospitals
J $171 (8.8%)

Highways

$305 (15.6%)

Police and Fire
Protection
$83 (4.3%)
-Sanitation
$51 (2.7%)

Recreation
$24(1.2%)
Education
$787 (40.3%)

All Other
$371 (19%)

75

Selected Statistics, Insured Commercial Banks, Tennessee1
(Millions of Dollars)

Deposits

(Number)

1950

1960

1970

1950

1960

1970

1950

1960

1970

1950

1960

1970

1,275

2,171

4,838

472

1,050

2,814

533

759

1,518

192

197

210

Chattanooga Area
Chattanooga SMSA

285
211

475
334

1,038
638

93
68

224
166

581
370

130
97

163
101

305
146

44
5

45
5

54
6

Knoxville Area
Knoxville SMSA

272
203

468
324

1,130
703

71
50

207
142

589
368

144
111

191
133

432
262

39
10

44
11

50
12

Nashville Area
Nashville SMSA

580
420

1,035
720

2,246
1,465

268
190

531
374

1,412
961

204
139

332
230

635
356

88
18

88
18

90
16

Tri-Cities Area
Sullivan and
Washington Counties

110

186

428

36

83

229

44

61

153

17

17

17

71

120

275

23

53

147

29

41

96

9

8

7

State Total2

1 All data are December figures.

2 Sixth District portion only.
NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 71.

76

Banks

Investments

Loans


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Federal Reserve Bank of St. Louis

Trade and Services, Tennessee
Retail Trade
’

Chattanooga Area
1963
1967
Chattanooga SMSA
1963
1967
Knoxville Area
1963
1967
Knoxville SMSA
1963
1967

Nashville Area
1963
1967
Nashville SMSA
1963
1967
Tri-Cities Area
1963
1967
Sullivan County
1963
1967
Washington County
1963
1967

Establish­
ments

Wholesale Trade

Sales
Employment1 ($ Millions)

Establish­
ments

Employment1

Selected Services

Sales
($ Millions)

Establish­
ments

Employment1

Sales
($ Millions)

5,940
6,097

27,179
31,601

653
855

752
782

6,898
8,283*

602
865*

3,204
3,531

9,041
12,307

76
113

2,619
2,736

15,511
18,513

380
499

512
556

5,561
6,615

506
732

1,665
1,809

7,312
8,493

53
80

5,803
5,966

30,311
33,037

695
896

805
838

8,590
10,025*

608
824*

3,462
3,834

15,900
11,598*

89
106

2,886
3,069

19,865
21,833

461
594

613
641

7,161
8,232

502
698

2,067
2,264

7,701.
8,507

56
77

9,479
9,837

46,077
55,859

1,109
1,513

1,377
1,461

15,811*
18,321*

1,259
1,684*

5,510
6,293

19,025*
20,985*

199
221*

4,033
4,181

25,556
3.1,617

624
878

918
959

12,641
14,696

1,041
1,424

2,868
3,363

12,472
14,313

112
166

2,829
2,771

14,367
15,401

320
411

333
343

3,665
4,213*

381
530*

1,471
1,657

4,932
4,894

35
44

967
950

6,349
6,618

135
182

144
155

1,785
2,401

219
368

612
694

2,325
2,466

18
25

641
660

3,393
3,983

76
103

107
110

1,194
1,353

83
114

332
359

1,183
1,098

8
9

1 Includes employees and proprietors.
*May be understated because of insufficient data.


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Federal Reserve Bank of St. Louis

77

Tennessee
Selected Agricultural Statistics
TYPE OF FARMING AREA
Highland Rim
Farm population

Average value of land and buildings
per farm

Number of farms with:
Less than 500 acres
500 acres or more

Average acreage per farm

Acreage by type of operator (Thous.)
\ Full owner

< Tenant
Value of products sold
• Crops as % total
Livestock as % total
Total ($ Thousands)

Central Basin

Appalachian

Limestone

Non-District
Area

Tennessee

1960
1970

83,649
61,118

119,036
84,081

178,966
140,800

21,771
13385

183 322
93,119

586,744
392,503

1964
1969

18,354
30,572

19,680
32,324

17,791
26,686

17,456
30,049

N.A.
45,705

20,509
33,176

1964
1969
1964
1969

20,286
18,479
717
712

28,442
26,944
735
808

43,237
40,874
569
549

4,776
4,421
124
142

33,065
26,637
1,494
1,840

129,806
117355
3,639
4,051

1964
1969

135.2
141.1

125.5
130.1

81.4
82.5

118.3
122.8

134.5
167.1

114.4
124.0

1964
1969
1964
1969

1,892.3
2,020.0
191.3
113.0

2,338.8
2,621.4
354.9
203.0

2,403.9
2,557.6
220.7
, 141.4

393.6
420.7
39.4
15.6

1964
1969
1964
1969
1964
1969

43.0
29.0
57.0
71.0
69,454
100,346

33.4
22.7
66.6
77.3
99,773
132,047

41.1
32.5
58.9
67.5
121369
160,132

27.9
15.7
72.1
84.3
16,481
25,230

73.9
55.4
26.1
44.6
216,296
199,790

53.0
36.5
47.0
63.5
523,373
617,5461

1964
19692
19693

35,217
56,465
80,087

49,640
72,697
104,645

63,082
86,586
122,946

10,341
15,429
21,401

84,464
106,197
173,825

242,744
337374
502,903!

3

>

1,911.2
2,188.2
755.7
535.1

.

8,939.8
9,807.9
1,582.1
1,008.0

Farm expenditures ($ Thousands)

^Sum of areas does not equal total because of rounding.
?Expenditures for items reported in both 1964 and 1969.
3
Includes
expenditures
for
agricultural
chemicals
and
other
farm
supplies not reported in 1964 Census.

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Federal Reserve Bank of St. Louis

«

:

PAGE NO.

DATA DESCRIPTION AND SOURCE

4

SOURCES OF PERSONAL INCOME
U.S. Department of Commerce, Office of Business Economics. Survey of Current
Business (August 1971), pp. 34-35.

5

EMPLOYMENT
State Bureaus of Labor Statistics.

6

MANUFACTURING
U.S. Bureau of the Census. 1967 Census of Manufacturers, Summary Series,
General Statistics for States.

7

DEMOGRAPHIC CHARACTERISTICS
U.S. Bureau of the Census. General Social and Economic Characteristics: 1970.
Tables 48, 53, and 65 in each state book.

8, 9, 25, 35
45, 55, 65, 75

10

STATE AND LOCAL GOVERNMENT REVENUES AND EXPENDITURES
U.S. Bureau of the Census. Governmental Finance in 1969-70. Tables 17, 18
22, and 26.
DEPARTMENT OF DEFENSE PERSONNEL AND PAYROLLS
U.S. Bureau of Commerce, Office.of Business Economics.
U.S. Department of Defense.

11

DEPARTMENT OF DEFENSE AND NASA PRIME CONTRACT AWARDS
NASA. National Aeronautics and Space Administration Annual Procurement Report,
fiscal year 1970.
U.S. Department of Defense. Military Prime Contract Awards by Regions and State,
fiscal years 1966-70.

12


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Federal Reserve Bank of St. Louis

TRADE AND COMMERCE
Board of Governors of the Federal Reserve System. Federal Reserve Bulletin
(February 1964 and 1968). “Number of Par and Nonpar Banking Offices.”

FDIC. Assets, Liabilities, and Capital Accounts: Commercial and Mutual Savings
Banks (December 30, 1963 and 1967).
U.S. Department of Commerce. Census of Business, 1963. Table 3 in each state book.
_________________________ . Census of Business, 1967. Volumes II, IV, and V, Table 3.

3537 7

79

PAGE NO.
14-17, 28,38
48, 58, 68, 78

DATA DESCRIPTION AND SOURCE

/5

SELECTED AGRICULTURAL STATISTICS
U. S. Bureau of the Census. 1969 Census of Agriculture-County Data.
..........
........ General Social and Economic Characteristics: 1970.
Tables 48 and 136 in each state book.

Census of Population! 1960. Table 92 in each state book (1960-63).

18

SOURCES OF TOTAL CASH RECEIPTS
U.S. Department of Agriculture. Farm Income, State Estimates, a supplement to the
July 1971 Farm Income Situation.

!20, 30, 40
50, 60, 70

TRADE AND BANKING AREA DESCRIPTIONS
Federal Reserve Bank of Atlanta, Research Department.

22, 32, 42
52, 62, 72

CIVILIAN EMPLOYMENT
U.S. Bureau of the Census. General Social and Economic Characteristics; 1970.
Tables 55, 87, and 123 in each state book.

23, 33, 43
53,63,73

MANUFACTURING EMPLOYMENT
U.S. Bureau of the Census. General Social and Economic Characteristics; 1970.
Tables 55, 87, and 123 in each state book.

24,34,44
54, 64, 74

POPULATION AND INCOME
U.S. Bureau of the Census. Census of Population: 1970.

U.S. Bureau of Commerce, Office of Business Economics.
26, 36, 46
56, 66, 76

INSURED COMMERCIAL BANKS, SELECTED STATISTICS
Federal Deposit Insurance Corporation. Report of Condition: December 1970,
December 1960, and December 1950.
Federal Reserve Bank of Atlanta.

27,37,47
57, 67, 77


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80
Federal Reserve Bank of St. Louis

TRADE AND SERVICES
U.S. Department of Commerce. Census of Business, 1963. Table 3 in each state book

. Census of Business, 1967. Volumes II, IV, and V, Table 3.