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ITRAL MISSISSIPPI VALLEY 'NOMIC INDICATORS C OL U M B IA O ST. LOUISA i V A N S V iL L E LOUISVILLE O SPR IN G FIELD O FAYETTEVILLE-SPRINGDALE F O R T SMITH M EM PH IS LIT TL E ROCK o PINE B LU F F [O texarkana 1ST QUARTER 1981 P r e p a r e d b y F e d e r a l R eserve B a n k o f St. Louis Released • June 10, 1981 DATA DESCRIPTION Selected economic data for the Central Mississippi Valley (CM V) are generally provided for five states and eight metropolitan areas which are entirely or partially within the Eighth Federal Reserve District. In addition, Federal Reserve member bank data are provided for three smaller SMSAs (Standard Metropolitan Statistical Areas) and for all seven states and nonmetropolitan areas within the Eighth District portion of these states. Also, the metropolitan summary of population includes 13 SMSAs in the CMV. Metropolitan areas refer to the 1973 SMSA definitions, except where noted, and states in some cases refer only to the Eighth District portion of the state. The latest data for some series are preliminary and will be revised as final figures are received. Income and Trade Indicators Personal income and department store sales data are from the U.S. Department of Commerce. In April 1977, numerous revisions were incorporated into the department store series, including boundary redefinitions for SMSAs. A ll agricultural data are from the U.S. Department of Agriculture. Employment Indicators Employment data are from the respective state Employment Security Offices and the United States Department of Labor. Data for Memphis include only Shelby and Tipton counties in Tennessee and Crittenden County in Arkansas. Total employment, unemployment, and labor force are based on household (place-of-residence) data. Payroll employment data, which include manufacturing, nonmanufacturing, and hours and earnings in manufacturing, are based on establishment (place-of-work) data. Production and Price Indicators Consumer price indices are from the U.S. Department of Labor. Electric power consumption data for the Eighth Federal Reserve District are based on reports to this Bank from various utility and self-generating firms in the District and U.S. data are obtained from the Board of Governors of the Federal Reserve System. The series Value of Construction Contracts Let are from Dodge Construction Potentials, McGraw-Hill Information Systems Company. Housing permits are from the U.S. Department of Commerce. Financial Indicators Total loan and deposit data for states, metropolitan areas, and nonmetropolitan areas are only from member banks in the Eighth District. Such data are not strictly comparable over time due to withdrawals and additions of member banks (see average number of member banks, page 35). In addition, beginning January 1981, member banks with deposits of under $15 million (approximately 90 in the Eighth District) report deposit figures quarterly rather than weekly. Savings and loan data are obtained from the various Federal Home Loan Banks. These data for the Fort Smith metropolitan area include only those counties in the State of Arkansas, and for St. Louis include only St. Louis City and St. Louis County in Missouri, and Clinton, Madison, Monroe, and St. Clair counties in Illinois. 2 SUM M ARY OF C E N T R A L MISSISSIPPI V A LLEY ECO N O M IC ACTIVITY Economic activity in the Central Mississippi Valley (CM V) advanced in the past two quarters (third quarter 1980 to first quarter'1981) after a year of relatively sluggish activity. The upturn has been similar to that for the nation, though the region's decline was longer and more severe. While personal income, department store sales and employment showed substantial gains, some important industries remain severely depressed, specifically automobile manufacturing and home construction. Personal income in the five CMV states increased at a 13.3 percent annual rate from the second to fourth quarters of 1980, compared with a 4.6 percent rate in the previous two quarters. An upturn in department store sales accompanied this increase. In the six-month period from July/August 1980 to January/February 1981, sales in six CMV cities rose at about a 10 percent rate following no change in the previous six-month period. Payroll employment increased in both the CMV states and cities during the past two quarters, following four consecutive quarters o f decline. Employment gains in the CMV states were faster than in CMV cities—a 4.1 percent rate versus a 2.1 percent rate—and somewhat faster than the 3.5 percent rate of gain in the nation. In comparison, payroll employment declined at a 3.3 percent rate in the previous year in both the states and cities, while employment in the nation was essentially unchanged. Judging from payroll employment data presented in the table below, the upturn in economic activity has been robust in most CMV states and cities, except for the state of Missouri and thfe cities of Pine Bluff, Little Rock and St. Louis. The weaker recoveries in Pine Bluff and Little Rock, however, are associated with smaller downturns in the previous year. On the other hand, the recovery in St. Louis and, in part, that of Missouri, has been hampered by the depressed automobile industry. In St. Louis, employment in automobile manufacturing in the first quarter averaged 17 percent below that o f two quarters earlier and 64 percent below the peak quarter (fourth quarter 1978). In addition to automobile manufacturing, homebuilding remains sluggish throughout the region. Housing permits issued during the first quarter in the five CMV states were 32 percent below the level of two quarters ago and 10 percent below the very low level of a year ago. Nonresidential construction, on the other hand, remains relatively strong, as the value of contracts issued in the first quarter were 28 percent above the level of a year ago. P A Y R O L L EM PLO YM ENT (compounded annual rates of change) Third quarter 1980 to first quarter 1981 Third quarter 1979 to third quarter 1980 United States 3.5 % -0.1 % CMV States Arkansas Kentucky Mississippi Missouri Tennessee 4.1 4.9 6.9 5.1 2.3 4.3 -3.3 -1.6 -4.1 -2.3 -3.3 -4.2 CMV Cities Evansville Fort Smith Little Rock Louisville Memphis Pine Bluff St. Louis Springfield 2.1 3.5 8.5 2.2 3.7 3.2 -0.5 0.7 3.2 -3.3 -3.0 -4.4 -0.9 -4.0 -2.5 0.2 -4.0 -0.7 3 INCOME AND TRADE INDICATORS PERSONAL INCOME SEASONALLY ADJUSTED INDEX: 1971-100 1971-100 320 1971-100 270 220 170 120 ARKANSAS KENTUCKY MISSISSIPPI 320 270 220 170 120 4 INCOME AND TRADE INDICATORS PERSONAL INCOME SEASONALLY ADJUSTED COMPOUNDED ANNUAL RATES OF CHANGE INDEX: 1971-100 3RD QTR 1980 TO 4TH QTR 1980 4TH QTR 1979 TO 4TH QTR 198,(L 3RD QUARTER 1980 4TH QUARTER 1980 UNITED STATES 253.0 261.6 14. 1 10.9 CMV STATE SUMMARY 258.7 266.7 12.9 8.9 ARKANSAS 283.0 290.2 10.4 7.6 KENTUCKY 263. 1 273. 1 15.9 8.8 M IS SI SS IP P I 265.8 273. 1 11.4 6.7 MISSOURI 238.4 244.7 10.9 8.2 TENNESSEE 269.2 278.6 14.7 11.3 STATE SUMMARY**PERSONAL INCOME COMPOUNDED ANNUAL RATES OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 6 2 -7 6 2 -7 6 6 *8 3 -7 6 7 .4 8 .0 6 -7 6 9 .0 1 0.1 3 -7 6 4 -7 6 1-77 2 -7 7 3 -7 7 4 -7 7 1 -7 8 2 -7 8 1971*100 3 -7 8 4 -7 8 1-79 2 -7 9 3 -7 9 4 -7 9 1 -8 0 2 -8 0 3—8 L 164 .4 167.6 1 2.2 172.5 1 -7 7 1 0 .0 1 1.1 1 2 .7 1 3 .1 2 -7 7 1 0 .3 11.1 1 2.2 1 2 .2 11.2 3 -7 7 1 0 .6 1 1 .4 1 2.2 1 2 .2 11.8 1 2 .4 4 -7 7 1 1.0 1 1 .7 1 2.5 1 2 .5 12.3 1 2 .9 1 3 .4 1 -7 8 1 0 .6 1 1.1 1 1 .6 1 1 .3 11U 1 1 .1 1 0 .5 7 .6 177.9 182.7 188.1 1 94.1 197 .7 2 -7 8 1 1 .4 1 2 .0 1 2 .6 1 2 .6 12.5 1 2 .9 1 3 .0 12 .9 1 8 .3 3 -7 8 1 1 .6 1 2.1 1 2 .6 1 2 .7 12.6 1 2 .9 1 3 .0 1 2 .9 1 5 .6 1 3 .0 4 -7 8 1 1 .9 1 2 .4 1 2 .9 1 3 .0 13.0 1 3 .3 1 3 .5 1 3 .5 1 5.5 1 4 .1 1 5 .3 1 -7 9 1 2.1 1 2 .6 1 3 .1 1 3 .2 13.2 1 3 .5 1 3 .7 1 3 .7 1 5 .3 1 4 .3 1 5 .0 2 -7 9 1 1 .6 1 2.1 1 2 .4 1 2 .4 12.4 1 2.5 1 2 .5 1 2 .4 1 3 .4 1 2 .2 1 1 .9 1 0 .2 1 2 .4 12.3 1 2.5 1 1 .9 1 0 .9 2 06 .2 2 1 2 .6 2 20 .3 1 4 .7 2 2 8 .0 5.9 231 .3 3 -7 9 1 1 .7 1 2 .1 1 2 .4 1 2 .5 1 2 .4 1 3 .2 1 2 .2 9 .0 1 2 .1 4 -7 9 1 1.7 1 2 .1 1 2 .4 1 2 .4 12.3 1 2 .5 1 2 .5 1 2 .3 1 3 .0 1 2 .2 1 2 .0 1 1 .2 10.1 1 2 .2 1 2 .3 1 -8 0 1 1 .4 1 1 .7 1 2 .0 1 2 .0 11.9 1 2 .0 1 1 .9 11*8 1 2 .3 1 1 .5 1 1 .2 1 0 .4 9 .3 1 0 .5 9 .7 7 .2 2 38 .0 2 4 5 .0 249 .3 2 -8 0 1 0 .9 11.1 1 1 .3 1 1 .3 11.1 1 1 .1 1 1 .0 1 0 .8 1 1.1 1 0 .2 9 .9 9 .0 7 .9 8 .3 7 .1 4 .6 2 .1 3 -8 0 1 1 .0 1 1.3 1 1 .5 1 1 .4 11.3 1 1 .3 1 1 .2 1 1 .0 1 1 .4 1 0 .6 1 0 .3 9 .6 8 .8 9 .4 8 .7 7 .5 7 .7 1 3 .6 4 -8 0 1 1 .1 1 1 .4 1 1.6 1 1 .5 11.4 1 1 .4 1 1 .3 1 1 .2 1 1 .5 1 0 .8 1 0 .6 1 0 .0 9 .4 1 0 .0 9 .5 8 .9 9 .4 1 3 .3 1 3 .0 1 -7 6 2 -7 6 3 -7 6 4 -7 6 1-77 2 -7 7 3 -7 7 4 -7 7 1 -7 8 2 -7 8 3 -7 8 4 -7 8 1-79 2 -7 9 3 -7 9 4 -7 9 1 -8 0 2 -8 0 3 -8 0 2 5 0 .6 2 5 8 .7 2 6 6 .7 IN IT IA L QUARTER PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 5 INCOME AND TRADE INDICATORS DEPARTMENT STORE SAL ES SEASONALLY ADJUSTED INDEX: 1971-100 1971-100 1971 100 350 270 190 110 30 350 270 190 110 30 350 270 350 — — - 190 190 K I 10 30 270 1 1 1 .1 1 1 L -l L 1 i - 1 1 11 1 1 1 1 1 1 1 — . 1 1 1 - L 1 1 1 .1-1 1 l . ■ ■ I ■ ■ I ■ ■ I ■ ■ M 1 . 1 1 1 ■ 1 11 ST. LOUIS: MO-IL 6 « ■ 1 » « 1 « » 1 ■ i l i 1 * » 1 » « 1 » ■ 110 30 INCOME AND TRADE INDICATORS DEPARTMENT STORE SALES SEASONALLY ADJUSTED __________INDEX: 1971-100_______ COMPOUNDED ANNUAL RATES OF CHAN6E 3 MONTHS ENDING FEBRUARY 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO DECEMBER 1980 JANUARY 1981 FEBRUARY 1981 UNITED STATES 230. 1 228.2 237.1 9.7 6.8 CMV METROPOLITAN SUMMARY 2Q3.6 219.6 207.3 14.3 6.1 356.5 391.1 368.4 33.2 9.4 332.0 183.5 191.9 198.0 230.2 335.8 189.5 194.5 203.7 243. 1 342.2 177.6 196.5 200.3 223.5 10.4 3.8 10.5 9.3 18.6 8.4 1.7 7.6 6.4 8.5 FORT SMITH: AR-OK LI TT LE ROCK-NORTH LIT TLE ROCK: AR LOUI SV ILL E: K Y -I N MEMPHIS: TN-AR-MS ST. LOUIS: MO-1L SPRINGFIELD: MO X DATA NOT COMPARABLE, SEE INCOME AND TRADE INDICATORS, PA6E 2 U . S . DEPAKTMENI STURE SALES CQHPUUNOEP ANNUAL RATES.OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 6 2 -7 6 3 -7 6 4 -7 6 1-77 2 -7 7 3 -7 7 4 -7 7 1 -7 8 2 -7 8 1971=100 3 -7 8 4 -7 8 1-79 2 -7 9 3 -7 9 4 -7 9 1 -8 0 2 -8 0 3 -8 0 1 42.9 2 -7 6 2 .6 3 -7 6 6 *9 11*4 6 -7 6 1 0 .7 1 4 .9 1 8 .6 1 -7 7 9 .5 1 1 .9 1 2 .2 146.8 153*2 6 .1 155.5 2 -7 7 1 2.9 1 5 .7 17.1 1 6 .4 27.7 3 -7 7 1 4.6 1 7 .2 1 8 .7 18 27 25.5 2 3 .3 4 -7 7 1 5.1 1 7 .3 1 8.5 1 8 .5 2 2.9 2 0 .6 1 7 .8 1 -7 8 1 3.8 1 5.5 1 6.2 1 5 .7 18.2 1 5 .2 1 1 .3 5 .2 2 -7 8 14*0 1 5 .6 1 6 .2 1 5 .8 17.8 1 5 .4 1 2 .9 1 0.5 16.1 165.3 174.2 181.5 183.8 190.8 3 -7 8 1 3 .3 1 4 .6 1 5 .0 1 4 .4 15.9 1 3 .7 1 1 .4 9 .3 1 1 .4 6 .9 4 -7 8 12*6 1 3 .6 1 3 .9 1 3 .3 14.4 1 2 .3 1 0 .2 8 .4 9 .5 6 .3 194 .0 5 .7 196.7 1 -7 9 12*0 1 2 .9 1 3 .0 1 2 .4 13.2 1 1 .3 9 .4 7 .8 8 .4 6. 0 5 .5 5 .4 2 -7 9 1 1 .7 1 2 .5 1 2 .7 1 2.1 12.7 1 1 .0 9 .4 8 .0 8 .6 6 .8 6 .7 7 .2 9.1 3 -7 9 1 2.1 1 2 .9 1 3 .0 1 2 .5 13.2 1 1 .7 1 0 .3 9 .3 9 .9 8 .8 9 .2 1 0.4 13.0 1 7 .1 4 -7 9 1 2.1 1 2.8 1 2 .9 1 2 .5 13.1 1 1 .7 1 0 .5 9 .6 1 0.2 9 .3 9 .8 1 0 .8 12.7 1 4 .5 1 2 .0 1 -8 0 1 1.0 1 1 .6 1 1 .7 1 1 .1 11.6 1 0.2 9 .0 8 .0 8 .4 7 .3 7 .4 7 .7 8.3 8 .1 3 .8 -3 .8 2 -8 0 1 0.1 1 0 .6 1 0 .6 1 0 .0 10.3 9 .0 7 .8 6 .8 7 .0 5 .9 5 .8 5 .8 5.9 5 .1 1 .4 -3 .5 -3 .3 3 -8 0 10*3 1 0.8 10.8 1 0 .3 10.6 9 .3 8 .2 7 .4 7 .6 6 .7 6 .7 6 .9 7.1 6 .7 4 .2 1 .8 4 .7 1 3 .3 4 -8 0 10*6 1 1.1 11.1 1 0 .6 10.9 9 .8 8 .8 8 .1 8 .4 7 .6 7 .7 8 .0 8 .4 8 .2 6 .6 5 .2 8 .4 1 4 .6 1 6 .3 1-76 2 -7 6 3 -7 6 4 -7 6 1-77 2 -7 7 3 -7 7 4 -7 7 1-78 2 -7 8 3 -7 8 4 -7 8 1-79 2 -7 9 3 -7 9 4 -7 9 1 -8 0 2 -8 0 3 -8 0 199 .3 2 0 3 .7 211 .9 2 1 8 .0 2 1 5 .9 2 14.1 2 2 0 .9 2 2 9 .4 IN IT IA L QUARTER PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 7 INCOME AND TRADE INDICATORS FARM CASH R E C E I P T S SEASONALLY ADJUSTED INDEX: 1971-100 1971-100 450 1971-100 350 250 150 50 ARKANSAS KENTUCKY 450 450 350 — A A 250 ^ Sw>N- / 150 50 \ 1 1 1 1 1 1 I I 1 t-L 1 1 1 L-i.l 1 1 1 1 1 1 1 1 L 1 1 1 1 1 1 1 ■«i ■■i ■■i < ■ 1 1 1 I I I..11 1 Ll- MISSISSIPPI MISSOURI TENNESSEE 8 350 — 250 A I 1.1 1 I I I L. 150 »«I«I1«« I» 50 INCOME AND TRADE INDICATORS FARM CASH R E C E I P T S SEASONALLY ADJUSTED __________INDEXi 1971-100_______ COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING FEBRUARY 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO DECEMBER 1980 JANUARY 1981 FEBRUARY 1981 UNITED STATES 291.2 285.4 251.0 27.4 8.2 CMV STATE SUMMARY 282.0 273.8 222. 1 27.1 4.7 ARKANSAS 257.6 229.2 221.2 -29. 1 -10.8 KENTUCKY 342.5 288.0 184.8 130.9 26.9 MIS SI SS IP P I 216.7 199.2 212.0 -0.2 -3.8 MISSOURI 274.2 316.7 243.3 4.1 3.5 TENNESSEE 265.5 293.5 223.3 26.3 7.9 STATE SUW1AKY-I-AKM CASH RECEIPTS COMPOUNDED ANNUAL RATES OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 6 2 -7 6 2 -7 6 3 -7 6 6 -7 6 1-77 2 -7 7 3 -7 7 6 -7 7 1 -7 8 2 -7 8 1971*100 3 -7 8 6 -7 8 1-79 2 -7 9 3 -7 9 6 -7 9 1 -8 0 2 -8 0 3 -8 0 8 1*0 196 .6 3 -7 6 5 .1 - 3 9 . 0 6 -7 6 1 1.6 - 1 2 . 6 2 5 .9 171.8 1 82 .0 1 -7 7 5 .8 - 1 1 . 5 6 .6 -9 .7 2 -7 7 6 *1 -7 .2 6 .8 -1 .6 7 .2 3 -7 7 7 *5 -3 .1 8 .8 3 .6 11.0 1 5 .0 6 -7 7 9 .5 0 .7 1 1 .3 7 .9 16.5 1 8 .3 2 1 .7 1 -7 8 1 0 .7 3 .2 1 2 .6 1 0 .1 15.7 1 8 .7 2 0 .7 1 9 .6 2 -7 8 1 3 .8 7 .6 1 6 .5 1 6 .9 2 0.6 2 6 .3 2 7 .5 3 0 .6 6 2 .5 2 2 6 .3 3 -7 8 1 1 .2 5 .3 1 2 .7 1 1 .0 16.8 1 6 .6 1 6 .8 1 5 .2 1 3 .1 - 1 0 . 3 2 1 8 .3 1 7 7 .6 1 80 .5 1 86 .9 196 .3 2 0 5 .3 6 -7 8 11 *6 6 .3 1 3.1 1 1 .6 15.0 1 6 .3 1 6 .6 1 5 .6 1 6 .0 2 .0 1 5 .9 1 -7 9 1 5.1 1 0 .5 1 7 .2 1 6 .3 20.1 2 2 .0 2 3 .2 2 3 .6 2 6 .5 1 9 .1 3 7 .2 6 2 .6 2 5 5 .7 2 -7 9 12*1 7 .8 1 3 .5 1 2 .3 15.1 1 6 .1 1 6 .2 1 5 .6 1 6 .5 8 .6 1 5 .5 1 5 .3 -1 8 .2 2 63 .2 2 2 6 .5 3 -7 9 1 0 .8 6 .7 1 1 .7 1 0 .5 12.8 1 3 .6 1 3 .2 1 2 .1 1 0 .9 5 .5 9 .8 7 .8 -1 2 .1 -5 .6 6 -7 9 1 0 .8 7 .0 1 1 .8 1 0 .7 12.7 1 3 .3 1 3 .1 1 2 .1 1 1 .0 6 .5 1 0 .2 8 .9 -6 .7 2 .8 1 2 .0 1 -8 0 9 .7 6 .1 1 0 .6 9 .3 11.1 1 1 .6 1 1 .1 1 0 .0 6 .8 6 .7 7 .6 5 .8 -6 .9 -0 .1 2 .9 —5 .6 2 -8 0 2 3 9 .7 2 6 6 .6 2 6 3 .1 8 .5 5 .1 9 .0 7 .9 9 .6 9 .6 9 .1 7 .9 6 .7 2 .9 6 .9 3 .2 -5 .7 -2 .3 -1 .2 -7 .2 -8 .9 3 -8 0 1 2 .3 9 .2 1 3 .2 1 2 .6 16.2 1 6 .8 1 6 .7 1 6 .1 1 3 .6 1 0 .8 1 3 .7 1 3 .6 6 .8 1 2 .7 1 7 .8 1 9 .8 3 6 .9 6 -8 0 8 .8 5 .8 9 .3 8 .3 9 .6 9 .8 9 .6 8 .5 7 .5 6 .5 6 .3 5 .1 -1 .2 2 .0 3 .6 1 .5 6 .0 1 -7 6 2 -7 6 3 -7 6 6 -7 6 1-77 2 -7 7 3 -7 7 6 -7 7 1 -7 8 2 -7 8 3 -7 8 6 -7 8 1-79 2 -7 9 3 -7 9 6 -7 9 1 -8 0 2 3 7 .5 9 9 .9 2 8 2 .6 1 1 .2 - 3 8 . 2 2 5 0 .6 2 -8 0 3 -8 0 IN IT IA L QUARTER PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 9 Em p l o y m e n t indicators TOTAL EMPLOYMENT SEASONALLY ADJUSTED INDEX: 1971-100 1971-100 1971-100 135 125 115 105 95 ARKANSAS KENTUCKY MISSISSIPPI MISSOURI TENNESSEE 10 EMPLOYMENT INDICATORS TOTAL EMPLOYMENT SEASONALLY ADJUSTED INDEX-. 1971-100_______ UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY-IN M IS SI SS IP P I MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A YEAR AGO 3 MONTHS JANUARY 1981 FEBRUARY 1981 MARCH 1981 123.5 121.1 114.9 127.9 131.4 123.8 121.0 115.3 127.0 129.2 124.4 120.6 114.9 125.7 127.0 3.0 3.4 2.8 -2.5 6.8 0.3 -0.5 -0.8 -1. 1 -1.5 134.4 126.7 128.7 124.9 118.9 127.7 113.9 109.0 133.6 118.0 109.2 133.8 124.3 128.5 123.8 117.7 128.0 114.7 110.4 136.3 117.4 108.4 133.2 123.5 127.2 123.4 117.7 127.0 115.8 110.3 136.7 116.2 107.7 -1.8 -6.2 13.2 -2.2 9.7 -0.6 5.4 5.7 7.4 -1.7 -2.9 -1.3 -2.0 1.8 -1. 1 1.3 -0.6 -0.6 -J .0 -0.3 -1.9 -1.7 STATE SUMMARY-TOTAL EMPLOYMENT COMPOUNDED ANNUAL KATES OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 7 2 -7 7 3 -7 7 4 -7 7 2 -7 7 7 .2 3 -7 7 4 .8 2 .4 4 -7 7 3 .4 1 .6 0 .7 1 -7 8 2 .3 0 .7 -0 .2 -1 .0 2 -7 8 2 .4 1 .2 0 .8 0 .9 1-78 2 -7 8 3 -7 8 4 -7 8 1 -7 9 2 -7 9 3 -7 9 1971x100 4 -7 9 1-80 2 -8 0 3 -8 0 4 -8 0 115.8 116.5 116 .7 1 16 .4 2 .8 1 17.2 3 -7 8 2 .4 1 .3 1 .3 1 .3 2m8 2 .8 4 -7 8 2 .6 1 .8 1 .7 2 .0 3 .0 3 .1 3 .4 1 -7 9 2 .5 1 .9 1 .8 2 .0 2 .7 2 .7 2 .7 2 .0 2 -7 * 2 .5 1 .9 1 .8 2 .0 2 .6 2 .6 2 .3 2 .0 2 .0 3—79 2 .3 1 .8 1 .7 1 .9 2 .4 2 .3 2 .2 1.8 1 .7 1 .3 4 -7 9 2 .3 1 .8 1 .7 1 .8 2.2 2 .2 2 .0 1 .7 1 .6 1 .3 1 18.0 1 19.0 1 1 9 .6 1 20.2 120.6 1 .3 121 .0 1 -8 0 2 .2 1 .8 1 .7 1 .8 2.2 2 .1 2 .0 1 .7 1 .6 1 .4 1 .3 1 .7 2 -8 0 1 .7 1 .2 1 .1 1 .2 1 .4 1 .2 1 .0 0 .6 0 .3 -0 .1 —0 .6 -1 .5 -4 .5 3 -8 0 1 .3 0 .8 0 .7 0 .7 0 .9 0 .7 0 .4 0 .0 -0 .3 -0 .8 -1 .3 —2 *2 -4 .1 -3 .6 4 -8 0 1 .4 1 .0 0 .9 0 .9 1.1 0 .9 0 .7 0 .4 0 .1 -0 .2 -0 .5 -0 .9 -1 .8 -0 .3 1-81 1 .5 1 .2 1 .1 1 .1 1.3 1 .1 1 .0 0 .7 0 .5 0 .3 0 .2 -0 .1 -0 .5 0 .9 3 .2 3 .4 1 -7 7 2 -7 7 3 -7 7 4 -7 7 1-78 2 -7 8 3 -7 8 4 -7 8 1 -7 9 2 -7 9 3 -7 9 4 -7 9 1-80 2 -8 0 3 -8 0 4 -8 0 1 21.5 120.1 119 .0 3 .1 1 19.9 IN IT IA L QUARTER PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 120.9 EMPLOYMENT INDICATORS UNEMPLOYMENT RATE SEASONALLY ADJUSTED PERCENT PERCENT ARKANSAS MISSISSIPPI 12 9 6 3 0 MISSOURI 12 9 6 3 0 TENNESSEE 12 9 6 3 0 12 EMPLOYMENT INDICATORS UNEMPLOYMENT RATE SEASONALLY ADJUSTED PERCENT MONTHLY AVERAGE 3 MONTHS ENDING UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY -1N M IS SI SS IP P I MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR JANUARY 1981 FEBRUARY 1981 MARCH 1981 MARCH 1981 DECEMBER 1980 7.4 7.6 7.4 7.4 7.9 7.3 7.6 7.6 7.9 8.6 7.3 8.0 8. 1 8.3 9.3 7.3 7.7 7.7 7.9 8.6 7.5 7.6 7.6 7.6 8.4 5.3 8.0 8.4 7.0 7.9 8. 1 6.6 8.0 5.2 7.3 6.7 6.7 8.4 7.8 7.0 7.4 8.2 7.0 7.9 5.7 7.6 6.8 7.2 9.0 8.4 7.7 8.4 8.5 7.2 8.4 6. 1 8. 1 7.2 6.4 8.5 8.2 7.2 7.9 8.3 7.0 8. 1 5.7 7.7 6.9 5.8 7.4 8.2 6.9 8. 1 7.7 7.3 8.5 5.9 7.5 6.2 C IV IL IA N LABOR FORCE SEASONALLY ADJUSTED THOUSANDS OF PERSONS JANUARY 1981 UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY -1N M IS SI SS IP P I MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR FEBRUARY 1981 MARCH 1981 COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO 105,543.0 8,002.9 2,474.3 976.7 85. 1 105,681.0 7,997.2 2,486.7 975.7 84.4 106,176.9 8,009.3 2,493.1 969.9 83.6 2.4 3.7 3.3 -1.4 8.0 1.5 1.0 0.7 0.5 -0.5 186.9 39.9 1,678.2 146.2 439.9 1,033.6 2,290.3 1,084.9 103.0 2,019.3 392. 1 189.0 39.3 1,664.8 145.0 433. 1 1,037.5 2,315.0 1,097.9 105.6 2,015.5 389*9 189.0 39.3 1,659.0 145.5 437.6 1,032.8 2,341.6 1,103.6 106.3 2,007.2 389.0 0.6 -1.0 12.8 -0.8 8.8 2.0 3.8 3.6 6.3 -0.7 0.3 0.8 1.3 3.5 0.2 2.8 1.4 0.7 0.3 0.9 -0.3 -0.5 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 13 EMPLOYMENT INDICATORS AVERAGE HOURLY EARNINGS MANUFACTURING AVERAGE WEEKLY HOURS WORKED MANUFACTURING SEASONALLY ADJUSTED SEASONALLY ADJUSTED HOURS PER WEEK DOLLARS PER HOUR KENTUCKY MISSOURI LATEST DATA PLOTTED: MARCH PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 14 EMPLOYMENT INDICATORS AVERAGE HOURLY EARNINGS - MANUFACTURING SEASONALLY ADJUSTED _________ DOLLARS PER HOUR_______ UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO JANUARY 1981 FEBRUARY 1981 MARCH 1981 7.73 6.79 8.25 6.01 6.06 7.74 6.86 8.36 6. 11 6.05 7.79 6.90 8.35 6.13 6.17 8.7 8.6 12.5 9.0 3.4 10.6 9.8 11.9 10.7 10.2 6.95 7.42 7.60 8.96 5.74 7.68 8.64 7.21 6.38 7.37 6.93 7.47 7.73 9.04 5.81 7.66 8.75 7.36 6.46 7.48 6.98 7.75 7.71 9.05 5.88 7.70 8.72 7.35 6.52 7.53 23.5 -17.3 2.4 7.7 10.3 13.7 4.3 9.2 13.4 10.9 8.9 11.0 12.5 21.4 8.5 17.5 10. 1 14. 1 10.5 16.9 AVERAGE WEEKLY HOURS WORKED - MANUFACTURING SEASONALLY ADJUSTED __________ HOURS PER WEEK________ UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR MONTHLY AVERAGE 3 MONTHS ENDING JANUARY 1981 FEBRUARY 1981 MARCH 1981 MARCH 1981 DECEMBER 1980 40.4 40.2 40.2 40.7 39.8 39.8 39.3 38.9 39.2 38. 1 40.0 39.8 39.9 39.5 38.0 40. 1 39.7 39.7 39.8 38.6 39.9 39.6 39.6 39.6 37.9 40. 1 42.1 40.5 41.3 39.9 39.9 39.3 40.5 40.9 41.7 39.3 41 .2 39.5 39.3 39.2 38.3 38.2 39.6 40.3 40.7 39.3 42.6 39.9 40.2 39.4 39.0 39.2 40.8 40.7 40.9 39.5 41.9 40.0 40.3 39.5 39. 1 38.9 40.3 40.6 41 . 1 38.9 42.4 39.8 40.7 39.3 39.0 39.3 39.5 40. 1 39.9 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 15 EMPLOYMENT INDICATORS PAYROLL EMPLOYMENT - SELECTED IN D U S T R IE S * SEASONALLY ADJUSTED INDEX: 1972-100 1972-100 CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS 1972-100 CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS 140 120 100 80 60 140 120 100 80 TEXTILE, APPAREL, AND LEATHER 16 60 EMPLOYMENT INDICATORS PAYROLL EMPLOYMENT - SELECTED IN D U S TR IE S * SEASONALLY ADJUSTED INDEX; 1972-100_______ COMPOUNDED ANNUAL RATES OF CHAN6E 3 MONTHS ENDING MARCH 1081 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO JANUARY FEBRUARY MARCH 1981 1981 1981 UNITED STATES CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS LUMBER AND FURNITURE TEXTILE, APPAREL, AND LEATHER 111.2 118.6 118.4 96.2 96.6 111.6 116.2 118.5 96.5 96.7 111.6 115.9 119.0 95.7 96.5 4.8 6.4 5.9 -1.2 5.6 -0.3 -2.2 -0.9 -1.8 -5.6 89.6 89.7 89.8 0.4 -2.2 CMV STATE SUMMARY CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS LUMBER AND FURNITURE TEXTILE, APPAREL, AND LEATHER 117.0 108.3 108.2 106.0 92.7 116.7 105. 1 108.2 105.5 92.3 117.3 102.5 108.7 105.7 91.4 1.7 7.6 5.3 5.9 15.7 -1.3 -9.8 -4.8 0.2 -4.3 89.8 89. 1 88.5 -3.1 -2.9 ARKANSAS CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS LUMBER AND FURNITURE PAPER AND PRINTING TEXTILE, APPAREL, AND LEATHER 115. 1 139.5 125.5 86.9 132.6 107.6 136.7 124.6 87.8 131.7 104.8 137.2 125. 1 87.2 131.6 21 . 1 -1.4 8.4 21.8 3.7 -8.0 0.3 1.5 -1 . 1 -1.3 84.7 83.6 84.5 3.4 -6.6 KENTUCKY CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS NONELECTRICAL MACHINERY TEXTILE, APPAREL, AND LEATHER 129.4 113.9 82.5 96.4 136.3 129.2 111.4 83.9 96. 1 137.0 128.2 103.3 84. 1 95. 1 135.8 2.5 23.8 11.8 -2.9 12.3 -3.5 -0.8 -10.4 0.2 2.5 88.2 86.0 88. 1 8.7 -7.8 125.2 128.4 122.5 95.6 122. 1 128.7 122.2 96.5 120.7 127.5 123.0 94.0 -0.6 7.9 8.6 6.5 -2.9 -8.7 2.3 -5.9 97.7 86.4 97.3 84.8 92.3 87.0 -11.2 2.4 -4. 1 -6.2 104.4 115.8 93.9 109.0 101.6 115.6 93.5 107.7 103.4 115.2 93.0 106.9 -7.4 6.5 7.6 1.9 -16.3 -2.8 0. 1 -0.6 85.4 82.5 85.6 75. 1 85.0 82.0 -4.6 -5.3 -2.8 -1 1.8 110. 1 98.8 105.9 92.3 123.4 109.9 95.3 104.7 89.6 124.0 109.8 91.4 106.8 90.2 125. 1 -1.4 10.8 4.3 15.5 21.5 -2.5 -13.5 -1.9 -4.3 4.4 116.5 115.9 116.0 -4.4 0. 1 MISSISSIPPI CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS LUMBER AND FURNITURE TEXTILE, APPAREL, AND LEATHER TRANSPORTATION EQUIPMENT MISSOURI CONSTRUCTION ELECTRICAL EQUIPMENT FOOD AND KINDRED PRODUCTS PAPER AND PRINTING TEXTILE, APPAREL, AND LEATHER TRANSPORTATION EQUIPMENT TENNESSEE CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS CONSTRUCTION FOOD AND KINDRED PRODUCTS LUMBER AND FURNITURE PAPER AND PRINTING TEXTILE, APPAREL, AND LEATHER IK ALL CATEGORIES ARE MANUFACTURING EXCEPT CONSTRUCTION. PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 17 EMPLOYMENT INDICATORS MANUFACTURING EMPLOYMENT NONMANUFACTURING EMPLOYMENT SEASONALLY ADJUSTED INDEX: 1972-100 KENTUCKY — — ■■i ■■i ■■i i « n l n l n l n llllJ.l-LlL.iL 111ii 111111 n l n l n l n MISSISSIPPI 150 130 — — — 150 _ — no 110 90 70 90 id iii nlnlnln nlnlnln nlnlnln j- iin lu liL n l n l n l n nlnlnln nlnlnln n ln ln ln MISSOURI 1 1 1 150 130 — 110 _ ~~ 150 — 110 90 » » 1 » « 1 »■ 1 «■ nlnlnln ii 1 n h i 11i nlnlnln nliiinliL nlnlnln -LilnliJ n ■■1■■1■111■ n Ln Inin. n l n l n l n TENNESSEE 150 130 — 70 150 - - — 130 ---- _ - 110 110 90 70 70 _ 130 90 70 130 90 11111111111 11111111111 111111111l l 1977 1978 1979 1980 11 1981 LATEST DATA PLOTTED: MARCH 11 1 11 1 11 1 1977 11 11 1 11 1 11 1 1978 11 11 1 11 1 11 1 1979 1 1 11 1 11 1 11 1 1980 11 11 1 11 l 1l l 1981 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 18 70 M A N U F A C T U R I N G EMPLOYMENT EMPLOYMENT INDICATORS SEASONALLY ADJUSTED INDEX: 1972-100_______ UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDIN6 MARCH 1081 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO JANUARY 1981 FEBRUARY 1981 MARCH 106.0 104.0 94.0 115.3 114.4 106.5 103.4 93.5 114.7 111.4 106.5 103.4 92.6 114.7 110.2 2.3 4.4 0.4 4.7 -6.2 -2.8 -3.5 -3.7 -2.2 -8.8 105.2 107.4 102.9 100.3 89.8 106.5 98.8 90.8 101.9 104. 1 96.7 104.7 108.6 103. 1 99.2 91.6 106.5 97.2 89.9 99.6 103.7 95.8 103.9 107.6 103.2 99.5 90.9 105.0 97.8 88.6 99.8 104. 1 95.4 -10.4 2.3 9.0 -2.0 14.9 2.3 3.8 -1.8 7.5 3. 1 -2. 1 -6.0 0.7 -4.3 -2.0 -1.4 -4.6 -4.7 -4.8 -3.2 -2. 1 -1.5 1991 NONMANUFACTURING EMPLOYMENT SEASONALLY ADJUSTED INDEX: 1972-100_______ JANUARY 1981 UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR FEBRUARY 1981 MARCH 1991 COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1081 FROM SAME FROM PREVIOUS MONTHS A YEAR AGO 3 MONTHS 130.4 130. 1 123.8 138.2 145.9 130.8 129.8 123.7 137.3 145.7 130.8 128.9 122.9 135.7 143. 1 3. 1 5.4 2.6 5. 1 6.9 1.6 -0.2 -1.0 1. 1 1. 1 137.9 138.6 134.1 137.1 125.3 140.3 122.5 117.5 139.8 129.2 122.3 137.9 135.3 133.3 136.4 125. 1 140.4 122.5 117.5 140.8 128.6 122.0 137. 1 135.4 131 .6 135. 1 124.7 139.6 122.0 117.0 138.6 127.5 121.5 5, 1 1.8 10.6 9.0 2.6 4. 1 2.3 0.7 -1 .1 5. 1 5.4 0. 1 -2.2 1.5 -1.2 -1.2 0.8 -0.5 -1.4 -1.5 -1.9 -0.2 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 19 EMPLOYMENT INDICATORS PAYROLL EMPLOYMENT SEASONALLY ADJUSTED INDEX: 1972-100 1972-100 1972-100 ARKANSAS KENTUCKY MISSISSIPPI MISSOURI 135 125 115 105 95 TENNESSEE 135 125 115 105 95 20 EMPLOYMENT INDICATORS PAYROLL EMPLOYMENT SEASONALLY ADJUSTED INDEX: 1972-100 1972- 100 135 1972- 100 125 115 105 95 135 125 115 105 95 135 125 115 105 95 21 EMPLOYMENT INDICATORS PAYROLL EMPLOYMENT SEASONALLY ADJUSTED lilPEX-, )07?-100_______ JANUARY 199) UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY FEBRUARY 1981 MARCH 1991 124.4 122.0 115.4 130.1 132.6 124.5 121.3 114.5 129.1 131.0 3.3 4.7 2.5 5.1 2.4 0.6 -1.1 -1.5 0.2 -2.3 131.0 129.1 125. 1 123. 1 114.2 129.3 116.2 109.8 129.4 120. I 116.8 130.2 129.0 124.0 122.4 113.5 128.4 115.7 108.7 127.8 119.5 116.2 1.9 2.2 9.9 6.1 5.8 3.2 2.8 0.7 0.6 4.4 4.2 -1.1 -1.6 0.1 -1.4 -1.2 -0.7 -1.4 -2.3 -1.8 -2.0 -0.4 124.2 122.2 115.3 130.8 134.2 ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI 131.0 131.4 125.5 124.3 113.6 129.6 116.3 109.8 129.4 TENNESSEE MEMPHIS: TN-AR 117.1 ST. LOUIS: MO-IL SPRINGFIELD: MO COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR A80 120.6 ST AT fc SUMMAKY-IUIAL PA TRULL fcMPLUYMEN T COMPOUNDED ANNUAL KATES OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 2 -7 7 3 -7 7 A—77 1-78 2 -7 7 7 .0 3—77 5 .8 A—77 5 .7 5 .0 5 .3 1-7 b 5 .0 A .A A .2 3 .1 2 -7 8 6 .0 5 .7 6 .1 6 .5 9 .9 3 -7 8 5 .5 5 .3 5 .A 5 .A 6 .6 2 -7 8 3 -7 b A—78 1 -7 9 2 -7 9 1972*100 A—79 3—7V 1-80 2 -8 0 3 -8 0 A -8 0 1 U .A 11A.7 A .7 1 16.2 117.1 1 19 .9 3 .A 120.9 A—78 5 .3 5 .0 5 .1 5 .0 5 .6 3 .5 3 .7 1 -7 9 A .9 A .7 A .7 A .5 A .V 3 .2 3 .2 2 .6 2 -7 V A .6 A .A A .3 A .l A.3 3 .0 2 .9 2 .5 1 22.0 122.0 2 .3 123 .5 3 -7 9 A .2 3 .V 3 .8 3 .5 3 .6 2 .A 2 .2 1 .6 1 .1 0 .0 A—TV 3 .8 3 .A 3 .3 3 .1 3m0 1 .9 1 .7 1 .1 0 .7 -0 .2 -0 .3 1 -8 0 3 .A 3 .0 2 .9 2 .6 2 .5 1 .5 1 .2 0 .7 0 .2 -O .A —0 .6 -1 .0 2 -8 0 2 .5 2 .1 1 .9 1 .5 l. A 0 .3 -0 .1 -0 .7 -l.A -2 .3 -3 .0 -A .3 3 -8 0 2 .0 1 .6 1 .3 l.C 0 .8 -0 .2 -0 .6 -1 .2 -1 .9 -2 .7 -3 .3 -A .3 -5 .9 0 .2 -0 .2 -0 .7 -l.l -1 .7 -2 .0 -2 . A -2 .9 -0 .5 3. A 123 .5 1 2 3 .A 123.1 -7 .6 1 2 0 .7 -A .2 119. A 1 .7 1 .5 1 .2 1-8 1 2 .2 1 .9 1 .7 1 .5 1.3 0 .6 0 .3 -0 .1 —O .A -0 .8 -0 .9 -1 .0 -1 .1 1 .2 A .l 1 -7 7 2 -7 7 3 -7 7 A—77 1-78 2 -7 8 3 -7 8 A—78 1 -7 9 2 -7 9 3 -7 9 A—79 1-80 2 -6 0 3 -8 0 1 2 0 .A A .7 1 21.8 1 2 .1 * A—80 L.0 a o 1 -77 IN IT IA L QUARTER PREPAREO BY FEDERAL RESERVE BANK OF ST. LOUIS 22 PRODUCTION AND PRICE INDICATORS PROSPECTIVE 1981 CROP PLANTINGS.!/ 1980 1979 1981 Indicated Percent Change 1980 to 1981 (1,000 Acres) ALL CORN UNITED STATES Arkansas Kentucky Mississippi Missouri Tennessee BARLEY, OATS, AND SORGHUM UNITED STATES Arkansas Kentucky Mississippi Missouri Tennessee 84,106 60 1,650 170 2,600 810 83,997 50 1,680 160 2,150 805 - 0.1 -16.7 1.8 - 5.9 -17.3 - 0.6 37,344 280 108 75 890 105 37,537 331 102 75 1,100 107 38,327 335 107 80 1,320 112 2.1 1.2 4.9 6.7 20.0 4.7 2,890 1,030 210 35 3,363 1,300 250 56 3,486 1,350 250 62 3.7 3.8 0.0 10.7 71,632 5,200 1,720 4,200 5,900 2,700 70,087 4,800 1,650 4,000 5,700 2,650 69,817 4,900 1,700 3,850 5,500 2,700 - 0.4 2.1 3.0 - 3.8 - 3.5 1.9 13,887 610 1,090 157 250 14,485 700 1,175 245 290 14,415 650 1,200 225 310 - 0.5 - 7.1 2.1 - 8.2 6.9 81,393 50 1,440 190 2,500 750 - f RICE UNITED STATES Arkansas Mississippi Mi ssouri SOYBEANS UNITED STATES Arkansas Kentucky Mississippi M1ssouri Tennessee UPLAND COTTON UNITED STATES Arkansas Mississippi Missouri Tennessee 1/Survey conducted around January 1, 1981 for Kentucky and Tennessee and around March 1, 1981 for Arkansas, Mississippi and Missouri ^/Includes acres planted 1n preceding fall for barley and oats 23 PRODUCTION AND PRICE INDICATORS ELECTRIC POWER C O N SU M PT IO N SEASONALLY ADJUSTED INDEX: 1971-100 CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS 150 130 110 90 70 ELECTRICAL MACHINERY 150 130 110 90 70 FOOD, BEVERAGES, AND TOBACCO TEXTILE, APPAREL, AND LEATHER 150 130 150 — 130 — 110 110 90 90 70 1 . . 1 . ■ 1 . ■ 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 » 1 1 1 1 1 1 1 . . 1 . . 1 ■ ■ 1 ■ ■ ■ ■ 1 ■ ■ 1 . . 1 ■ . ■ ■ 1. ■ i . . 1 . 7 TRANSPORTATION EQUIPMENT 150 130 150 — 130 — 110 110 90 70 70 90 i i 1 i i 1 i i 1 i 1975 i . . 1 . . 1 . . 1 . . 1976 1 1 1 1 1 1 1 1 1 1 1 1977 . . 1 . . 1 . LATEST DATA PLOTTED: MARCH . 1978 1 . . . . l i . l . i 1979 l i . . . 1 . . 1 . . 1980 1 . . i i 1 i i 1 I i [ i I 1981 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 24 70 PRODUCTION AND PRICE INDICATORS ELECTRIC POWER C ON SUM PTI ON SEASONALLY ADJUSTED __________INDEX: 1971-100_______ COMPOUNDED ANNUAL RATES OF CHAN6E 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS year AGO JANUARY 1981 FEBRUARY 1981 122.7 123.5 122.6. 8.6 -1.9 115.6 114.9 116.0 11.9 -1 . 1 113.7 113.2 114.1 10. 1 -1 .3 DURABLES ELECTRICAL MACHINERY FABRICATED METALS LUMBER AND FURNITURE NONELECTRICAL MACHINERY OTHER DURABLES PRIMARY METALS STONE, CLAY, AND GLASS TRANSPORTATION EQUIPMENT 101.7 95.9 147.6 135.6 141.1 135.5 90.0 74.3 96.8 104.4 98.8 154.3 128.9 139.5 146.8 90.4 85.8 98.2 104.9 102.5 152.8 123.8 135.4 150.0 89.2 76.4 96.8 16.6 3.3 -6. 1 64.3 2.3 -1.9 65.3 -56.6 25.7 -1.8 -1.0 -3.7 5.8 28.0 -0.6 -12.8 -20.7 0.6 NONDURABLES CHEMICAL, PETROLEUM, AND RUBBER PRODUCTS FOOD, BEVERAGES, AND TOBACCO PAPER AND PRINTING TEXTILE, APPAREL, AND LEATHER 118.2 117.0 118.4 10. 1 -1 . 1 115.5 116.0 117.9 20.5 -1.0 131.0 127.0 120.8 124.3 119.2 123.0 -6.2 -1.9 -5.7 1.9 96.4 90.3 92.7 -0.9 3.0 212.8 214.8 220.5 66.6 6.4 MARCH JL9JLL UNITED STATES TOTAL MANUFACTURING AND MINING EIGHTH DISTRICT TOTAL MANUFACTURING AND MINING MANUFACTURING MINING PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 25 PRODUCTION AND PRICE INDICATORS VALUE OF C O N S T R U C T I O N CONTRACTS L E T * NOT SEASONALLY ADJUSTED INDEX: 1974-100 RESIDENTIAL BUILDING 330 NONRESI DENT IAL BUILDING KENTUCKY 330 — 250 250 170 90 ~ 1 1 1 10 LATEST DATA PLOTTED: 1ST OUARTER Jj 4TH QUARTER DATA: 643.3 21 4TH QUARTER DATA: 38Q.3 \ J y TENNESSEE-WEST 26 i i i A i i i 170 \ 90 i i i. i i i~ 10 PRODUCTION AND PRICE INDICATORS VALUE OF C O N S T R U C T I O N CONTRACTS L E T * NOT SEASONALLY ADJUSTED INDEX; 1974-IOO TOTAL BUILDING UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: K Y - 1N MISSISSIPPI MISSOURI - EAST ST. LOUIS: MO- 1L SPRINGFIELD: MO TENNESSEE - WEST MEMPHIS: TN-AR-MS RESIDENTIAL BUILDING UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY -1N MISSISSIPPI MISSOURI - EAST ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE - WEST MEMPHIS: TN-AR-MS NONRES1DENT 1AL BUILDING UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR-OK LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY EVANSVILLE: IN-KY LOUISVILLE: KY -1N MISSISSIPPI MISSOURI - EAST ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE - WEST MEMPHIS: TN-AR-MS COMPOUNDED ANNUAL RATES OF CHANGE_______ 1ST OTR 1980 1ST OTR 1979 TO 1ST QTR 1980 4TH QUARTER 1980 1ST QUARTER 1981 191.1 237.0 181.1 168.2 112.3 161.8 152.5 152.6 160.7 121.9 10.3 26.0 35.3 23.4 20.6 -8.3 -29.4 -34.3 -25.6 -48.5 144.5 171.5 189. 1 257.2 113.8 393.3 306. 1 280.6 127.5 147.7 118.9 192.9 70.6 157.9 238.4 136. 1 144.5 164.3 178.0 119.0 122.5 116.5 37.7 -62.5 44.7 56. 1 78. 1 11.6 29.4 42.6 -8.3 5.8 12. 1 -10.3 10.7 -33. 1 -17.4 -33.4 -28.3 -16.9 -33.0 -10.9 -42.5 -49. 1 210.2 190.5 143.2 184.9 130.7 165.6 164.9 138.5 182.0 151.6 10. 1 24.8 40.9 22.6 52.7 -18.5 -28.8 -33.7 -29.0 -46.9 138.8 187.2 189.6 249.6 95.8 197.1 215.3 153.6 163.3 158.0 152.9 142.6 148.8 187.4 244.9 192.3 185.7 109.0 102.5 103.4 131.4 118.2 47.0 34.8 51.4 226.5 198.6 20.9 -4.8 -8.0 -27.4 7.9 8. 1 -38.0 -20.4 -37.4 -73.5 -52.4 -30.0 -8.7 -12.5 -27.8 -21.5 -24.3 171.8 289.5 218.5 146.4 76.7 158.0 138.7 166.4 132.9 65.7 10.6 28.0 30.9 25.3 -35.4 5.8 -30.4 -34.8 -18.8 -51.1 152.7 165.2 188.6 265.9 132.5 643.3 389.3 397.2 88.8 138.0 90.2 265.4 38.9 123.0 231.0 77.9 92.0 215.0 247.3 135.7 114.2 115.0 31.4 -82.3 34. 1 -4.4 -12.3 -7.1 55.2 80.2 16.7 3.7 15.8 29.4 20.2 -24.8 233.4 -5.1 -24.4 -22.1 -42.9 29.2 -55.2 -61.0 1ST OTR 1981 3K USED WITH THE PERMISSION OF D0D6E CONSTRUCTION POTENTIALS, MC6RAV-HILL INFORMATION SYSTEMS COMPANY PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 27 PRODUCTION AND PRICE INDICATORS H O U S IN G P E R M I T S SEASONALLY ADJUSTED INDEX: 1974-100 1974-100 410 310 1974-100 410 ____ - U.3. STATES .. — 210 210 1 10 10 v 1975 1976 1977 r's — ^ “ i i 1 i i 1 i i 1 i i .. 1.. 1.. 1. . .. 1.. 1.. 1.. 1979 1980 1981 ■ i 1 i i 1 i i 1 i i i i 1 i i 1 i i 1 i i .. i.. i .. i.. ■ i i i i i i i i i i 1978 ARKANSAS 410 110 10 410 — 310 — 310 210 210 110 10 310 7 .......... 110 ^ ...... . ■ 1 ■ ■ i ■ 1 i i 1 i j-Lj-i ■ ■ 1 ■ ■ 1 ■ ■ 1 ■ ■ ■ ■ i ■ ■ i ■ ■ i ■ ■ ■ ■ i ■ ■ i ■ ■ i ■ ■ 1 i i 11 i 1 i i. 10 MISSISSIPPI MISSOURI 410 310 210 110 10 TENNESSEE 410 310 210 1 10 10 28 PRODUCTION AND PRICE INDICATORS H O U S IN G P E R M I T S SEASONALLY ADJUSTED INDEX-. 1974-100_______ COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A YEAR AGO 3 MONTHS JANUARY 1981 FEBRUARY 1981 UNITED STATES 113.7 109.9 96.0 -18.2 1.8 CMV STATE SUMMARY 103.2 61.0 76.1 -75.4 -10.5 77.4 83.1 75.0 -40.0 -3.4 93.1 19.9 87.3 -92.6 -42.3 47.4 57.7 45.8 -83.2 -13.3 134.3 55.2 105.8 127.9 92.4 77.3 175.2 335. 1 9.2 17.3 MISSISSIPPI 95.9 109.0 56.6 -93.9 2.8 MISSOURI 95.9 97.9 48.4 65.4 74.5 81.8 -73.6 -52.7 2.7 -12.0 75.6 83.7 65.0 92.6 72.7 91.0 -85.4 -78. 1 -15.4 5.4 CMV METROPOLITAN SUMMARY ARKANSAS LITTLE ROCK-NORTH LITTLE ROCK: AR KENTUCKY LOUISVILLE: KY-IN ST. LOUIS: MO-1L TENNESSEE MEMPHIS: TN-AR-MS MARCH 1991 STATE SUMNAKY-MUUSlNb PEKH1IS COMPOUNDED ANNUAL RATES OF CHANGE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 7 2 -7 7 3 -7 7 2 -7 7 4 4 .6 3 -7 7 2 7 .9 1 3.2 4 -7 7 1 0 .7 -3 .2 -I-7 B 1 .5 —9 .6 - 1 9 . 5 2 -7 8 5 .6 -2 .3 3 -7 8 -1 .1 -8 .3 4 -7 8 __ i*I_ -4 .7 1—79 2 -7 9 3 -7 9 4 -7 7 1-78 2 -7 8 3 -7 8 4 -7 8 1 -7 9 2 -7 9 3 -7 9 1974*100 4 -7 9 1-80 2 -8 0 3 -6 0 4 -8 0 162 .4 - 1 3 .0 -1 9 .0 1 67.5 - 1 7 .2 -7 .0 159.8 -2 1 .7 150.3 -1 .5 2 4.0 -1 3 .0 -1 1 .6 —6 .0 - 2 8 .8 0 .6 -9 .9 - 2 3 .4 —2 9 .6 -2 5 .3 - 3 7 .0 -1 2 .1 - 1 9 .9 - 1 5 . 9 - 2 8 . 3 -8 .0 -6 .3 -1 1 .3 - 1 4 .3 -7 .2 -1 1 .6 -5 .5 -1 3 .8 1 58 .6 145 .7 1 5 .4 1 51 .0 - 9 0 . 7 - 6 9 .5 112.2 6 8 .9 127.9 - 1 4 .3 - 1 3 . 9 —12.6 -1 8 .5 -1 5 .6 -2 4 .0 2 0 .0 - 1 4 .7 122 .9 4 -7 9 - 1 1 .2 - 1 5 . 4 - 1 8 .1 - 1 8 . 2 -1 7 .7 -2 3 .2 -2 2 .0 -2 9 .3 -6 .4 106.8 1 -8 0 -1 5 .5 -1 9 .5 - 2 2 . 2 - 2 2 . 7 —2 2.8 - 2 7 . 9 - 2 7 . 7 - 3 4 .2 - 2 0 . 2 - 3 7 . 9 - 9 7 . 0 - 5 0 .7 2 -8 0 -1 5 .3 -1 9 .0 - 2 1 .5 - 2 6 . 3 - 2 5 . 9 - 3 1 . 2 - 1 9 . 0 - 3 2 . 6 - 3 7 .7 -3 4 .9 —14.0 - 2 1 . 9 - 2 1 .9 -3 0 .3 -4 3 .0 8 9 .5 8 6 .2 3 -8 0 —6 .4 -9 .5 -1 1 .2 -1 0 .6 —9 .4 - 1 2 .5 -1 0 .2 -1 3 .4 3 .1 -6 .6 -9 .5 1 3 .4 72.1 4 -8 0 —6 .8 -9 .7 -1 1 .2 -1 0 .7 -9 .7 - 1 2 .5 - 1 0 . 4 - 1 3 .2 0 .8 -7 .5 -6 .0 6 .5 3 7.6 -1 4 .2 -1 7 .2 -1 9 .0 -1 9 .1 -1 8 .9 -2 3 .5 -2 4 .8 - 2 0 .6 -1 0 .5 -9 .3 4 -7 9 1-80 2 -8 0 1 -8 1 1 -7 7 2 -7 7 3 -7 7 4 -7 7 1-78 - 2 2 . 0 - 2 1 . 3 - 2 4 .6 - 1 5 .5 2 -7 8 3 -7 8 4 -7 8 1 -7 9 2 -7 9 3 -7 9 2 44 .1 117 .4 7 4 .0 - 1 2 . 0 1 1 3 .7 -5 3 .4 -7 5 .4 3 -6 0 4 -8 0 IN IT IA L QUART EH PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 29 8 0 .1 PRODUCTION AND PRICE INDICATORS PRICES RECEIVED BY FARMERS - UNITED ST A T E S NOT SEASONALLY ADJUSTED CORN BEEF CATTLE SOYBEANS HOGS 350 270 190 110 111111111M i i 1 i i 11 i 1 11 1 1 1 M 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 111 1» 1 1111 » MILK 30 350 — — 270 190 110 i i 1i i 1i i 1i i ■i 1■■1i i 1■t 11 1 1 1 1 1 1 1 1 1 ■iJ.1 i 1 l u l u 1 ■ 1 ■ ■ 1 ■ 11 ■ i TURKEYS 30 350 270 190 1 10 30 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 30 PRODUCTION AND PRICE INDICATORS PRICES RECEIVED BY FARMERS - UNITED STATES NOT SEASONALLY ADJUSTED COMPOUNDED ANNUAL RATES OF CHAN6E 3 MONTHS END IN6 MARCH 1081 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR A60 __ ;_______ INDEX: 1971-100_______ JANUARY 1981 FEBRUARY 1981 MARCH 234.3 256.7 251.6 248.8 265.4 221.7 315.2 233.4 256.7 254.0 245.0 255.2 200.4 292.7 232.5 261.4 256.3 252.6 258.2 175.3 296.3 215.2 204.6 219.5 227.6 240.1 181.6 214.3 202.5 221.0 230.4 238.4 177.5 209.2 198.7 215.9 216.5 235.0 183.9 ALL FARM PRODUCTS ALL CROPS CORN RICE SOYBEANS TOBACCO UPLAND COTTON LIVESTOCK AND LIVESTOCK PRODUCTS BEEF CATTLE BROILERS HOGS MILK TURKEYS <991 0.0 16.9 17.4 53.3 -12.4 -25.2 -20.9 -15.0 -12.1 -5.5 -38.8 0.8 -50.8 11.1 26.0 33.5 21.5 23.6 20.4 14.3 -0.4 -9.9 17.6 13.7 9.4 8.0 PR IC ES-ALL FARM PRODUCTS COMPOUNDED ANNUAL RATES OF CHANCE TERMINAL QUARTER IN IT IA L QUARTER 1 -7 7 2 -7 7 3 -7 7 2 -7 7 3 -7 7 4 -7 7 1-78 2 -7 8 3 -7 8 4 -7 8 1 -7 9 2 -7 9 1971*100 3 -7 9 4 -7 9 1-80 2 -8 0 3—80 4 -8 0 6 .7 1 68.3 -1 0 .7 -2 5 .2 156 .5 4 -7 7 -5 .2 -1 0 .6 6 .8 1 -7 0 3 .4 2 .4 1 9 .8 4 1 .6 4 9.1 2 6 .1 22.1 2 -7 8 1 1 .3 1 2 .3 2 8 .9 3 -7 8 9 .3 9 .9 2 1 .0 159.1 3 4 .4 171 .3 1 89.3 0 .0 1 89.3 4 -7 8 9 .3 9 .7 1 8.5 2 1 .6 17.6 4 .4 8 .9 1 -7 9 1 3 .3 1 4 .3 2 2 .7 2 6 .1 24.2 1 6 .8 2 6 .3 4 6 *3 1 93.4 2 1 2 .7 2 -7 9 1 2 .8 1 3 .6 2 0 .6 2 3 .0 2 0.9 1 4 .7 2 0 .0 2 6 .0 8 .5 3 -7 9 1 0 .7 1 1 .2 1 6 .8 1 8 .3 15.8 1 0 .1 1 2 .8 1 4 .2 0 .8 —6 .3 4 -7 9 9 .2 9 .4 1 4 .2 1 5 .1 1 2.6 7 .5 9 .0 9 .0 -1 .1 -5 .6 2 1 7 .1 2 1 3 .6 -5 .0 2 1 0 .9 1 -8 0 8 .2 8 .4 1 2 .5 1 3 .1 1 0.7 6 .1 7 .2 6 .8 -1 .3 -4 .3 -3 .3 -1 .7 2 -8 0 6 .3 6 .3 9 .7 1 0 .0 7 .6 3 .3 3 .8 2 .9 -4 .0 -7 .0 -7 .2 -8 .3 -1 4 .4 3 -8 0 9 .3 9 .5 1 3 .0 1 3 .6 11.7 8 .2 9 .3 9 .3 4 .1 3 .3 5 .8 9 .7 15.8 2 1 0 .0 2 0 2 .0 5 6 .7 2 2 6 .0 4 -8 0 9 .6 9 .8 1 3 .1 1 3 .6 11.9 8 .7 9 .8 9 .9 5 .5 4 .9 7 .3 1 0 .7 15.1 3 3 .5 1 3 .8 1 -0 1 9 .0 V .l 12.1 1 2 .5 10.9 7 .9 8 .7 8 .7 4 .8 4 .2 6 .1 8 .4 11.1 2 1 .2 6 .7 0 .0 1 -7 7 2 -7 7 3 -7 7 4 -7 7 1-78 2 -7 8 3 -7 8 4^78 1 -7 9 2 -7 9 3 -7 9 4 -7 9 1-80 2 -8 0 3 -8 0 4 -8 0 2 3 3 .4 2 3 3 .4 IN IT IA L QUARTER 31 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS PRODUCTION AND PRICE INDICATORS Farm Land Values March data for 1960-75, and February data for 1976-81 Index 1977 = 100 Percent Change February 1977 February 1978 February 1979 February 1980 February 1981 United States 100 109 124 143 156 15.3 9.1 CMV State Summary 100 115 134 152 165 13.4 8.6 100 110 100 111 113 113 115 114 112 133 125 129 133 129 128 123 159 135 149 148 156 155 136 183 143 161 154 198 166 146 19.5 8.0 15.5 11.3 20.9 21.1 10.6 15.1 5.9 8.1 4.1 26.9 7.1 7.4 Arkansas Illinois Indiana Kentucky Mi ssi ssi ppi Mi ssouri Tennessee 100 100 100 100 100 32 1979 to 1980 1980 to 1981 PRODUCTION AND PRICE INDICATORS Consumer Price Index-All Items* •All Urban Consumers Data are quarterly from March 1975 through March 1978; thereafter, data are bi-monthly. ST. LOUIS UNITED STATES Percent Change to March 1981 Index 1967 = 100 1 Items Food Housi ng Apparel and Upkeep Transportation Medical Care Entertainment March 1981 From Two Months Ago (Annual Rate) From Previous Year 259.3 267.4 270.6 183.5 8.8 7.0 3.9 33.4 262.1 267.9 224.2 14.9 15.3 0.8 33 Percent Change to March 1981 Index 1967 = 100 March 1981 From Two Months Ago (Annual Rate) From Previ ous Year 8.9 9.9 7.7 4.6 265.1 272.2 282.6 185.1 11.1 8.3 7.8 14.0 10.6 10.1 11.0 5.2 11.1 11.8 8.8 273.5 284.7 218.2 21.7 11.7 11.1 12.2 9.4 8.8 FINANCIAL INDICATORS METROPOLITAN MEMBER BANK DATA SEASONALLY ADJUSTED INDEX: TOTAL LOANS 1974-100 210 - u.s. 170 1974-100 1 - U.S. SMSA'S SMSA'S TOTA 1 DEPOSITS 1974' 210 — ~— 170 __ 130 130 90 90 50 11111111111 -llLij Li-lLi.i iil.iil ill ii 1977 1978 1979 h I i i I I m 1980 m -U.Lu.li 1111 »■1■■1■■1ii -Lllill 11-LlL 1981 1977 1978 II1111111IIJ-l1iiLu.1i1 lil.ul11111 1979 1980 1981 50 LITTLE ROCK - NORTH LITTLE ROCK: AR 210 170 130 90 50 LOUISVILLE: KY-IN 210 170 130 90 50 TN-AR-MS 210 170 130 90 50 ST. LOUIS: MO-IL 210 — — 170 130 90 11111111 111 11111111111 11111111111 11111111111 11111111111 1977 1978 1979 1980 1981 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 34 50 FINA NCIAL INDICATORS M E T R O P O L I T A N MEMBER BANK DATA SEASONALLY ADJUSTED __________INDEX: 1974-100_______ TOTAL LOAN? UNITED STATES * METROPOLITAN SUMMARY* COLUMBIA: MO EVANSVILLE: IN-KY FAYETTEVILLESPRINGDALE: AR FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR LOUISVILLE: K Y - 1N MEMPHIS: TN-AR-MS PINE BLUFF: AR ST. LOUIS: MO-IL SPRINGFIELD: MO TEXARKANA: AR TOTAL DEPOSITS UNITED STATES w METROPOLITAN SUMMARY* COLUMBIA: MO EVANSVILLE: IN-KY FAYETTEVILLESPRINGDALE: AR FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR LOUISVILLE: K Y - 1N MEMPHIS: TN-AR-MS PINE BLUFF: AR ST. LOUIS: MO-IL SPRINGFIELD: MO TEXARKANA: AR COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO JANUARY 1981 FEBRUARY 1981 MARCH 1991 N. A. 157.0 196.8 198.4 N. A. 160.6 203.6 199. 1 N. A. 164.2 206. 1 201.8 N. A. 5. 1 21.2 13.7 199. 1 188.4 203.0 187.4 204.8 191.8 14.0 -7.5 -10.6 -1.7 168. 1 185.6 109.4 167.2 153.8 161.1 209.5 168. 1 192.8 113.9 164.5 160. 1 151.2 212.3 170.2 202.2 116.6 182.9 158.0 147.5 215.7 -6.4 25.0 5.5 -9.8 0.3 4.8 10.2 2.2 7.7 -1.4 -5.5 1.4 17.9 1.8 N. A. 151.2 213.8 198.4 N. A. 152.7 216.6 200.3 N. A. 154.6 217.2 200.8 N. A. 18.0 17.0 12.7 178.9 190.9 182.2 190.9 184.3 193. 1 4.5 -2.3 -9.3 4.3 161.6 186.3 131.7 158.5 132.5 135.2 192.5 161.5 189.3 132.7 161.8 133.9 133.9 195.7 165.6 191.9 133.3 169.9 136.7 133.6 199.2 5.6 24.3 18. 1 12.1 23.9 -6.3 19.2 9.0 8.7 10.5 4.2 10.0 9.3 7.3 N. A. 2.2 6. 1 0.5 N. A. 8.8 4.6 8.3 AVERAGE NUMBER OF MEMBER BANKS STATE SUMMARY (EIGHTH DISTRICT) w METROPOLITAN SUMMARY* NONMETROPOLITAN SUMMARY ARKANSAS FAYETTEV1LLESPRINGDALE: AR FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR TEXARKANA: AR NONMETROPOLITAN AREAS KENTUCKY LOUISVILLE: K Y - 1N NONMETROPOLITAN AREAS ILLINOIS NONMETROPOLITAN AREAS INDIANA EVANSVILLE: IN-KY NONMETROPOLITAN AREAS MISSISSIPPI NONMETROPOLITAN AREAS MISSOURI COLUMBIA: MO ST. LOUIS: MO-IL SPRINGFIELD: MO NONMETROPOLITAN AREAS TENNESSEE MEMPHIS: TN-AR-MS NONMETROPOLITAN AREAS JANUARY 1981 FEBRUARY 1981 MARCH 1981 MARCH 1980 389.00 117.00 270.00 74.00 389.00 117.00 270.00 74.00 389.00 117.00 270.00 74.00 389.25 115.75 271.50 72.75 5.00 3.00 5.00 3.00 5.00 3.00 5.75 3.00 8.00 4.00 3.00 49.00 40.00 9.00 30.00 119.00 96.00 38.00 12.00 25.00 17.00 16.00 87.00 4.00 56.00 5.00 45.00 14.00 8.00 9.00 8.00 4.00 3.00 49.00 40.00 9.00 30.00 119.00 96.00 38.00 12.00 25.00 17.00 16.00 87.00 4.00 56.00 5.00 45.00 14.00 8.00 9.00 8.00 4.00 3.00 49.00 40.00 9.00 30.00 119.00 96.00 38.00 12.00 25.00 17.00 16.00 87.00 4.00 56.00 5.00 45.00 14.00 8.00 9.00 7.00 4.00 3.00 48.00 40.00 9.00 30.00 121.00 98.00 38.00 12.00 25.00 17.00 16.00 86.50 4.00 56.00 4.00 45.50 14.00 8.00 9.00 * EXCLUDES BANKS IN TWO METROPOLITAN AREAS PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 35 FINANCIAL INDICATORS NONMETROPOLITAN MEMBER BANK DATA SEASONALLY ADJUSTED INDEX: 1974-100 TOTAL DEPOSITS 1974-100 220 180 140 100 e 1977 1978 1979 1980 a 1981 NONMETROPOLITAN ARKANSAS 220 — — 180 140 100 - L i l l i 111 l l L . 1 1 11 1 1 1 1 1 I I J - i i L i . i l 1111 i i L u 1n l . i l i ■ i ■ 1 1 ■ § 11 ■ NONMETROPOLITAN KENTUCKY 60 NONMETROPOLITAN MISSISSIPPI 220 220 180 180 140 140 100 100 60 60 NONMETROPOLITAN MISSOURI NONMETROPOLITAN TENNESSEE 220 — — 180 140 100 111i i 111111 11111111111 II 111111111 11111111111 11111111111 1977 1978 1979 1980 1981 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 36 60 FINANCIAL INDICATORS N O N M E T R O P O L I T A N MEMBER BANK DATA SEASONALLY ADJUSTED INDEX: 1974-100 TOTAL LOANS NONMETROPOLITAN SUMMARY ARKANSAS ILLINOIS INDIANA KENTUCKY MISSISSIPPI MISSOURI TENNESSEE FEBRUARY COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A 3 MONTHS YEAR AGO JANUARY 1981 __L9JL!__ MARCH J98J_ 187.6 190.6 192.4 1 1.5 3.4 168.6 209.7 184.4 210.4 184.2 178.4 180.3 171.5 214.7 186.3 211.9 186.0 175.6 182.4 175.6 215.0 188.0 214.2 188.4 177.2 188. 1 21.3 7.7 6.9 14.6 13.7 0.7 13.7 4.3 0.5 2.6 6.4 4.4 2.4 8.3 171.0 172.8 174.9 13.0 9.5 158.9 178.7 157.4 196.3 186.8 165. 1 158.2 161.8 180.6 159.0 198.7 188.4 165.4 158.7 165.3 182.2 160. 1 200.5 192.4 166.3 160.1 18.4 12.9 4. 1 12.4 16.0 8.4 4.9 10.4 9.2 6. 1 11.5 10. 1 9.9 5.6 TOTAL DEPOSITS NONMETROPOLITAN SUMMARY ARKANSAS ILLINOIS INDIANA KENTUCKY MISSISSIPPI MISSOURI TENNESSEE MEMBER BANK DATA BY S T A T E SEASONALLY ADJUSTED INDEX: 1974-100 TOTAL LOANS STATE SUMMARY (EIGHTH DISTRICT ) ARKANSAS ILLINOIS INDIANA KENTUCKY MISSISSIPPI MISSOURI TENNESSEE TOTAL DEPOSITS STATE SUMMARY (EIGHTH DISTRICT ) ARKANSAS ILLINOIS INDIANA KENTUCKY MISSISSIPPI MISSOURI TENNESSEE COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A ___3 MONTHS__ YEAR AOP JANUARY 1981 FEBRUARY 1981__ MARCH 1981 165.2 168.6 171.8 6.7 2.5 172.6 181.8 185. 1 191.7 186. 1 159.5 117.2 173.6 186.4 187.0 197.8 187.3 164.7 121.4 178.3 187.8 189.6 205.8 190.6 162.9 124.5 5.2 12.6 8. 1 22.7 13.9 -1.9 6.5 0.9 1..2 1.2 6.8 4.7 2.1 0.2 157.8 159.5 161.5 16.3 8.9 164. 1 156.0 173.8 190.1 188.5 142.8 134.9 166.4 158. 1 175.4 193. 1 190. 1 143.7 135.9 169.6 159.0 176. 1 194.7 193.9 146.2 136.9 1 1.3 14.7 9.4 20.3 16. 1 19.9 16.2 7.1 7.6 7.8 8.9 10.0 10.8 10.0 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 37 FINANCIAL INDICATORS SAVINGS AND LOAN ASSOCIATION DATA SEASONALLY ADJUSTED INDEX: 1974-100 MISSISSIPPI 38 FINANCIAL INDICATORS S A V I N G S AND LOAN A S S O C I A T I O N DATA SEASONALLY ADJUSTED INDEX: 1974-100 TOTAL SAVINGS UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR-MS MORTGAGE LOANS OUTSTAND LN£ UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR-MS COMPOUNDED ANNUAL RATES OF CHANGE 3 MONTHS ENDING MARCH 1981 FROM SAME FROM PREVIOUS MONTHS A year AGO ___3 MONTHS__ JANUARY 1991 FEBRUARY 1981 MARCH 1981 218.8 218.0 209.6 241.0 236. 1 220.2 219. 1 210.0 242.0 237.2 220.0 218.9 210.3 240.9 236.4 7.8 5.9 5.7 4.6 6.5 8.8 8.4 8. 1 7.3 11.1 222.5 195.3 208. 1 180.5 273.4 206.5 216.7 182.7 221.6 203.0 222.7 194.9 209.0 181.0 275.8 207.5 217.2 184.6 222.9 203.1 218.3 194. 1 210.6 181.3 274.9 207.3 218.2 184.2 222.7 202.2 -0.4 -7.3 8.0 2.9 12.0 5.0 7.7 10.4 7.9 1.6 8.5 2.3 8.5 6.7 9.7 7.8 8.2 5.6 9.7 9.0 209.4 207.7 199.4 215.8 230.9 210.8 208.6 200.3 216. 1 231.7 211.6 208.8 201.5 217.2 229.3 8.6 6.2 8.6 4.6 5.0 5.9 4.0 4.6 3.6 6.2 196.5 181.8 206.3 187.4 233.3 199.4 204.7 189.3 213.8 183.5 197.5 175.7 207.4 188.4 234.0 200.2 205. 1 188.3 215. 1 183.7 200.0 184.2 208.6 189.4 233.7 200. 1 207.3 188.0 215. 1 184.0 5.4 3.9 8.7 9.9 5.7 3.9 8.8 0.0 7.8 7.0 6. 1 10.7 5.5 6.3 2.8 3.5 4.5 -0.7 4.3 2.0 NUMBER OF SAV1NGS AND LOAN ASSOC 1AT 1ONS UNITED STATES CMV STATE SUMMARY CMV METROPOLITAN SUMMARY ARKANSAS FORT SMITH: AR LITTLE ROCK-NORTH LITTLE ROCK: AR PINE BLUFF: AR KENTUCKY LOUISVILLE: KY-IN MISSISSIPPI MISSOURI ST. LOUIS: MO-1L SPRINGFIELD: MO TENNESSEE MEMPHIS: TN-AR-MS JANUARY 1981 FEBRUARY 1981 MARCH 1981 MARCH 1980 3,982 359 72 75 4 3,968 399 80 75 4 3,966 440 83 75 4 4,032 425 91 75 4 7 3 59 6 59 110 47 1 56 4 7 3 87 9 59 108 52 0 70 5 7 3 75 12 59 107 50 0 7 3 95 12 59 112 54 5 84 6 78 7 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 39 POPULATION Bureau of the Census 1970 United States 1978*___ Compounded Annual Rates of Change T97ET---- reStT" to to 1978 1970 204,878,000 218,548,000 .8 1.3 15,964,668 17,305,000 1.0 .8 CMV Metropolitan Areas 5,655,075 5,912,900 .6 1.3 Arkansas FayettevilleSpringdale: AR Fort Smith: AR-OK Little Rock-North Little Rock: AR Pine Bluff: AR Texarkana: AR-TX 1,923,322 2,186,000 1.6 .7 127,846 160,421 160,500 190,400 2.9 2.2 3.3 1.7 323,296 85,329 113,488 376,400 85,900 118,700 1.9 .1 .6 1.7 .5 1.2 Kentucky ClarksvilleHoplinsville: KY-TN Evansville: IN-KY Louisville: KY-IN Owensboro: KY 3,220,711 3,498,000 1.0 .6 118,945 284,959 867,330 79,486 147,700 294,800 887,300 81,100 2.7 .4 .3 .3 .6 .5 1.4 1.2 Mississippi 2,216,994 2,404,000 1.0 .2 Missouri Columbia: MO St. Louis: MO-IL Springfield: MO 4,677,623 80,935 2,410,884 168,053 4,860,000 90,600 2,385,900 204,800 .5 1.4 -.1 2.5 .8 3.9 1.2 1.9 Tennessee Memphis: 3,926,018 834,103 4,357,000 888,800 1.3 .8 1.0 1.4 CMV States ♦Provisional TN-AR-MS
@FedFRASER