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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.