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https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis RESEARCH LIBRARY SEP 241973 EEDERAL reserve bank OF ATLANTA ECONOMI CHARACTI SIXTH FEDERAL RESERVE DISTRICT https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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........................................................................................................................................* . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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. https://fraser.stlouisfed.org 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) https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * | WAYNE *■ • ** LAWRENCE GILES*, 1 • ^.LAUDEROALE ’?.MJ H* • X* • •2 9 k.-. Limestone] maoison | 1 jackson >••••• A • ••••* /l [ FRANKLIN MARION™ CULLMAN IADSDEN [/i'lI MJJLGHAM^SanNISTON /SAINtTS^ clairF^ FAYETTE Alabama &_I rI AN DC Ipic«"sF.%5K-.V. I I GREENE! 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 \_ _ _ > •.vRv.’ «^HAMB«Sl % & \ »Itf^AJtoffeeT DALE 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. https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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%) https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 $2511 45 Selected Statistics, Insured Commercial Banks, Georgia1 (Millions of Dollars) Deposits (Number) Loans Investments Banks 1950 1960 1970 1950 1960 1970 1950 1960 1970 1950 1960 1970 1,734 2,927 7,251 727 1,508 4,733 600 928 1,928 329 363 441 ^4,078 i 851 1,818 1,396 4,429 3,258 449 363 943 768 2,916 2,198 370 276 535 357 1,111 744 128 32 144 40 17p Augusta Area Augusta SMSA 2 110 72 180 113 491 297 51 38 95 67 319 205 33 19 60 30 149 81 28 3 30 4 40 7 Columbus Area Columbus SMSA 95 46 182 105 444 272 37 19 96 63 276 175 39 18 62 28 139 78 19 6 21 8 27 9 Macon Area Macon SMSA 169 68 276 107 744 296 66 33 130 62 465 210 64 22 106 27 223 63 72 3 75 5 90 7 Savannah Area Savannah SMSA 152 111 238 160 561 351 74 62 139 100 395 266 43 27 68 40 124 63 28 7 31 8 39 10 South Georgia Area Albany SMSA 153 29 267 50 636 127 58 15 119 29 399 83 56 7 111 18 203 38 59 5 67 5 77 4 State Total Atlanta Area Atlanta SMSA 1 All data are December figures. 2 Aiken County, South Carolina, excluded. NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 41. Digitized 46for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 57? Trade and Services, Georgia Retail Trade Atlanta Area 1963 1967 Atlanta SMSA 1963 1967 Augusta Area 1963 1967 Augusta SMSA 1963 1967 Columbus Area 1963 1967 Columbus SMSA 1963 1967 Wholesale Trade Selected Services Employment1 Sales ($ 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. https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 74 Federal Reserve Bank of St. Louis TENNESSEE'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 $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 $371 (19%) 75 Selected Statistics, Insured Commercial Banks, Tennessee1 (Millions of Dollars) Deposits (Number) 1950 1960 1970 1950 1960 1970 1950 1960 1970 1950 1960 1970 1,275 2,171 4,838 472 1,050 2,814 533 759 1,518 192 197 210 Chattanooga Area Chattanooga SMSA 285 211 475 334 1,038 638 93 68 224 166 581 370 130 97 163 101 305 146 44 5 45 5 54 6 Knoxville Area Knoxville SMSA 272 203 468 324 1,130 703 71 50 207 142 589 368 144 111 191 133 432 262 39 10 44 11 50 12 Nashville Area Nashville SMSA 580 420 1,035 720 2,246 1,465 268 190 531 374 1,412 961 204 139 332 230 635 356 88 18 88 18 90 16 Tri-Cities Area Sullivan and Washington Counties 110 186 428 36 83 229 44 61 153 17 17 17 71 120 275 23 53 147 29 41 96 9 8 7 State Total2 1 All data are December figures. 2 Sixth District portion only. NOTE: The “Areas” are Trade and Banking Areas. Trade and Banking Areas and Standard Metropolitan Statistical Areas are depicted on page 71. 76 Banks Investments Loans https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Trade and Services, Tennessee Retail Trade ’ Chattanooga Area 1963 1967 Chattanooga SMSA 1963 1967 Knoxville Area 1963 1967 Knoxville SMSA 1963 1967 Nashville Area 1963 1967 Nashville SMSA 1963 1967 Tri-Cities Area 1963 1967 Sullivan County 1963 1967 Washington County 1963 1967 Establish ments Wholesale Trade Sales Employment1 ($ 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. https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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 https://fraser.stlouisfed.org 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.