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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
2ND QUARTER 1976
STATE ACTIVITY

SUM M ARY D IS C U SSIO N page 3

METROPOLITAN AREA ACTIVITY

page

page

page

SUMMARY

4

SU M M ARY

16

A RKAN SAS

6

ST. LOUIS

18 SPRINGFIELD, M O

KENTUCKY

8

LOUISVILLE

20

FORT SMITH

30

MISSISSIPPI

10

MEMPHIS

22

PINE BLUFF

32

MISSOURI

12

LITTLE RO CK

24

TENNESSEE

14




EVANSVILLE

26
28

CHECK PAYMENTS 10 OTHER CITIES
page 34

Prepared by Federal Reserve Bank of St. Louis
Released: August 13, 1976

THE DATA

of data for the last Wednesday of the preceding month,
the Wednesday on or preceding the 15th of the current
month, and the last Wednesday of the current month.
Data are collected by this Bank and the Board of
Governors of the Federal Reserve System. The Fort
Smith SMSA data cover only those counties within the
Eighth Federal Reserve District.

Selected economic data are provided for five
states, seven Standard and one Nonstandard Metropoli­
tan Statistical Areas which are entirely or partially
within the Eighth Federal Reserve District. Also
included are check payment series for ten other
Eighth District cities.
Data are presented in both unadjusted and
seasonally adjusted index form. Index numbers are
on a 1971=100 base. The latest data in most series
are preliminary and are revised as the final figures
are received.

Check payments are debits to demand deposit ac­
counts, except interbank and U.S. Government accounts.
The data are based on a sample of commercial banks in
each area adjusted to reflect total debits of all banks
in the area and the number of trading days in the
month. Data are collected by this Bank and the Board
of Governors of the Federal Reserve System.

Manpower Utilization
Basic employment data are from the respective
State Employment Security Office and the United
States Department of Labor. All manpower data for
metropolitan areas are based on the redefinition of
SMSA areas announced in late April 1973, except for
Memphis which is a Nonstandard Metropolitan Statisti­
cal Area. Memphis data include Shelby and Tipton
Counties in Tennessee and Crittenden County, Arkansas,
but exclude De Soto County, Mississippi.

All banking data remain on the Standard Metro­
politan Statistical Area definitions prior to the
April 1973 announcement.
Income
State personal income figures are annual rates
of monthly figures published by Business Week. United
States data are from the Department of Commerce.

Total employment and unemployment series are
household (place-of-residence) data; payroll employ­
ment, nonmanufacturing and manufacturing employment
are establishment (place-of-work) data.

Farm cash receipts are annual rates of monthly
figures published by the United States Department of
Agriculture.

Banking Activity

Total loan and total deposit data are for
Federal Reserve member banks only and are averages




2

SUMMARY OF CENTRAL MISSISSIPPI VALLEY ECONOMIC ACTIVITY
the first to the second quarter, compared with a 2.4
percent rate of increase in manufacturing employment. In
the CMV cities both manufacturing and nonmanufacturing
employment declined in the second quarter, but the drop
in nonmanufacturing employment was at a 3.2 percent rate,
compared with an 0.8 percent rate of decline in manu­
facturing employment.

Economic activity in the Central Mississippi
Valley (CMV) continues to increase as indicated by
recent unemployment, personal income, and check payments
data. Comparisons of second quarter employment levels
with year-ago levels indicate, however, that the CMV
recovery of employment has been less vigorous than that
of the United States. Also, payroll employment on a
seasonally adjusted basis declined from the first to the
second quarter in several CMV areas.

Second quarter movements in unemployment rates
were generally favorable in most CMV cities and states,
despite the adverse employment figures (after seasonal
adjustment) in some areas. The summary measure for the
unemployment rate in the CMV states dropped from 6.4
percent in the first quarter of 1976 to 6.1 percent
in the second quarter, while in the CMV cities this
measure dropped from 7.1 percent to 6.6 percent. Both
CMV summary rates were below the U.S. unemployment rate
of 7.4 percent in the second quarter.

Payroll employment on a seasonally adjusted
basis declined in the second quarter for CMV cities
and states, after registering gains in the three
previous quarters. The summary measure of payroll
employment in CMV cities declined at a 2.6 percent
annual rate from the first to the second quarter, while
for the CMV states this measure declined at a 1.8
percent rate. Payroll employment for the nation in­
creased at a 2.9 percent rate in the second quarter.
Since the beginning of the recovery one year ago,
payroll employment in both the CMV cities and states
has increased about 1.5 percent, compared with a 3.4
percent increase for the United States.

Other measures of CMV economic performance,
such as personal income and check payments, indicate
continued upward movement. Check payments have risen
sharply in the first two quarters of the year, increasing
at a 15.5 percent rate, compared with an 8 percent rate in
the previous four quarters. Personal income in CMV states
made substantial gains in the first quarter and has in­
creased 14.2 percent since the first quarter of last year.
In comparison, the gain for the United States was 10.7
percent.

The second quarter declines in payroll
employment are largely attributable to less than
seasonal increases in nonmanufacturing jobs. In the
CMV states seasonally adjusted nonmanufacturing
employment declined at a 3.1 percent annual rate from




3

CENTRAL M I S S I S S I P P I

V A L L E Y S T A T E SUMMARY
11

APR

1976
MAY

JUN

107.9
109.2

107.3
110.7

107.3
110.5

107.4
110.9

107.2
110.6

110.9
109.0

111.7
110.1

111.2
110.9

111.6
110.9

111.1
110.9

110.9
110.9

113.4
111.6

114.5
112.3

115.3
113.2

114.4
114.0

114.8
114.0

114.4
114.0

114.1
114.2

99.2
97.8

100.3
98.2

102.1
99.8

102.9
101.3

103.5
102.2

103.7
102.3

103.5
102.3

103.2
101.8

7.9
8.7

7.9
8.6

7.3
8.5

6.4
7.6

6.1
7.4

6.4
7.5

6.1
7.3

5.8
7.5

148.3
143.2

152.3
147.3

154.1
151.3

162.1
155.0

N.A.
158.5

164.0
157.4

N.A.
158.6

N.A.
159.3

156.9
171.4

159.7
183.9

156.5
177.7

158.2
174.7

N.A.
N.A.

182.4
189.1

176.5
179.0

N.A.
N.A.

1975
11 1

IV

1

104.9
106.7

104.9
107.6

106.2
107.8

109.4
107.3

109.5
108.1

113.7
110.7

__ M

1976

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
PAYROLL EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. STATES
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. STATES
UNITED STATES

INCOME
PERSONAL INCOME INDEX
C.M.V. STATES
UNITED STATES
FARM CASH RECEIPTS INDEX
C.M.V. STATES
UNITED STATES

N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




4

W

jM i ?

WSttli
PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENOINC
JUNE 1976
STATE
SUHMARY U.S.
TOTAL PAYROLL ENPLOYMENT
*1.7
*3.5
NONMANUFACTURIN6
*0.7
*3.3
MANUFACTURING
*4.2
*4.5
TOTAL EMPLOYMENT
*2.8
*3.6
PERSONAL INCOME *
*11.3
*11.5
* YEAR ENDING APRIL

NONMANUFACTURING EMPLOYMENT
130

125
PERSONAL INCOME

1971 >100
185

MANUFACTURING EMPLOYMENT

180

180

175

175

170

170

165

165

160

160

/

155
PERCENT

UNEMPLOYMENT RATE

12




U.S.

150

12

145

10

10

140

8

8

135

6

6

130

4

4

125

2

120

11111f
2 11111
1974

C.M.V. STATES .

PERCENT

1975

■t1i11ii1ii
1976

ALL DATA ARE SEASONALLY ADJtfSTEft

5

1971 -100
185

ry *
y

y i'
r/
c if . ___

155
150
145
140
135
130
125

1 1 11 1 Ln

1974

-Li-i- i 1l i-i1.1.1 111 n 11 t i n 1i-L 120
1975
1976

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ARKANSAS
11

1975
1 11

IV

1

771.6
107.6

780.4
107.0

774.8
110.2

615.6
111.9

623.2
112.0

445.2
117.6

1976

11

APR

1976
MAY

JUN

761.1
112.1

807.8
112.7

791.5
112.8

813.1
112.8

818.9
112.4

632.2
114.7

630.4
117.1

646.4
117.6

641.4
117.7

645.3
117.7

652.4
117.2

444.2
116.2

451.9
119.3

448.5
121.0

457.8
121.0

455.4
121.2

456.4
120.9

461.7
120.8

170.5
99.3

178.9
102.6

180.2
104.4

181.9
108.4

188.5
110.0

186.0
110.0

188.9
110.7

190.7
109.2

75.2
9.0

61.7
8.4

57.4
7.3

60.4
6.1

50.9
6.0

50.3
5.9

47.3
6.0

55.1

8,632
156.3

9,340 10,700
162.1 154.5

9,676
177.0

N.A.
N.A.

9,720
180.8

N.A.
N.A.

N.A.
N.A.

1,382
180.9

1,674
194.5

4,243
179.9

1,378
178.8

N.A.
N.A.

1,383
210.4

1,351
195.6

N.A.
N.A.

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

6.1

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




6

ARKANSAS
PERCENTAGE CHANCE
SEASONALLY AOJUSTED INDEX
YEAR END INO
JUNE 1976

TOTAL PAYROLL ENPLOYNENT
NONNANUFACTURINC
HANUFACTOR INC
TOTAL ENPLOYNENT
PERSONAL INCONE X
X YEAR END INC APRIL

NONMANUFACTURING EMPLOYMENT
135

ARKANSAS U.S.
♦ 3.5
♦5.6
♦ 3.3
♦3.9
♦4.5
♦9.9
♦3.6
♦5.8
♦H.7 ♦ 11.5

130
125

120

1971-100

TOTAL EMPLOYMENT




PERSONAL INCOME

1971 •100
360
340

110

320

105

300

100

280
260

MO

240

130

220

120
110
100

200

90

140

80

120
100

180
160

70

U.S.

1971-100

115

MANUFACTURING EMPLOYMENT

ARKANSAS

1971-100

ALL DATA ARE SEASONALLY ADJUSTED

7

PREPARED SY FEDERAL RESERVE BANK OF ST. LOUIS

KENTUCKY
11

1975
11 1

IV

1

1976

11

APR

1976
MAY

JUN

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1303.6 1321.8 1322.3 1266.9 1328.8 1309.8 1321.2 1355.3
108.5 108.4 109.4 111.5 110.6 110.8 109.9 111.0
1036.4 1041.1 1053.9 1046.1 1063.3 1057.7 1063.2 1069.1
111.1 111.0 112.0 114.6 114. 1 114.4 113.9 114.0
786.4
115. 1

788. 1
114.9

799.0
116.3

789.6
118.6

802.3
117.5

801.3
118.2

803.1
117.3

802.4
117.0

250.0
100.4

253.0
100.2

254.9
100.2

256.5
103.6

261.1
104.9

256.4
104.2

260. 1
104.6

266.7
105.8

106.8
7.7

104.7
7.9

100.7
7.5

107.8
6.8

84.6
6. 1

82.1
5.9

77.8
6.3

93.8
6.0

N. A. 17,076
N. A. 163.5

N.A.
N. A.

N.A.
N.A.

938
185.0

896
181.3

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

15,548 16,104 17,432 17,172
147.3 151.6 155.3 161.7
759
148.9

926
148.3

N.A. - NOT AVAILABLE
ALL INDEXES:




1971-100

8

2,376
143.2

1,613
163.7

N. A.
N. A.

KENTUCKY
PAYROLL EMPLOYMENT
rERCENTAOE CHANCE
SEASONALLY ADJUSTED INDEX

YEAR END INO
JUNE 1976
KENTUCKY
TOTAL fAYRQLL EMPLOYMENT
NONMANUFACTURINO
MANUFACTUR1N6
TOTAL EMPLOYMENT
PERSONAL INCOME *
* YEAR END INO APRIL

NONMANUFACTURING EMPLOYMENT
130

U.S.

♦2.8

•5

♦ 1.6

♦3.3
♦4.5
♦3.6
♦ 11.5

♦6.9
♦2.4
♦ 11.9

125
120

115

110
103
100
95

MANUFACTURING EMPLOYMENT
125

120
115

110
105

100
95
90

KENTUCKY




U.S.

ALL OATA ARE SEASONALLY ADJUSTED

9

PREPARED BY FEDERAL RESERVE BANK OF ST. LO U IS

MISSISSIPPI
11

APR

1976
MAY

JUN

831.2
109.9

861.0
110.1

847.8
110.0

873.3
110.6

862.0
109.6

682.7
114.0

676.1
115.6

684.8
115.5

683.8
115.9

687.4
115.7

683. 1
114.8

467.0
115.3

476.6
116.6

471.2
118.2

475.2
117.4

475.6
117.9

478.3
117.7

471.7
116.8

191.8
101.8

199.5
104.3

206.1
108.4

204.9
110.0

209.6
111.3

208.2
111.8

209. 1
111.3

211.4
110.7

72.5
7.7

66.3
7.6

49.8
6.1

55.1
5.7

51.4
5.4

46. 1
5.1

48.9
5.7

59.1
5.4

N.A. 10,260
N.A. 172.3

N.A.
N.A.

N.A.
N.A.

947
167.1

918
153.1

N.A.
N.A.

I1

1975
111

IV

1

832.9
106.5

845.0
106.6

847.6
108.4

658.6
111.0

666.4
111.8

466.8
115.4

1976

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTEO RATE

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

9,260
154.7

9,768 10,772 10,324
159.8 160.7 170.5

823
138.4

901
140.4

N.A. - NOT AVAILABLE
ALL INDEXES*




1971-100

10

2,411
132.4

1,368
160.8

N.A.
N.A.

M ISSISSIP P I
PERCENTAGE CHANCE
SEASONALLY AOJUSTED INDEX

YEAR ENDING
JUNE 1976
MISSISSIPPI U.S.
TOTAL PAYROLL EMPLOYMENT
+4.2
+3.5
NONMANUFACTURING
+2.2
+3.3
MANUFACTURING
+9.1
+4.5
TOTAL EMPLOYMENT
+3.9
+3.6
PERSONAL INCOME *
+10.4
+11.5
* YEAR ENDING APRIL

NONMANUFACTURING EMPLOYMENT
135
130
125

1971-100

TOTAL EMPLOYMENT

120

115

120

180

110

115

175

U.S.

1971 -1 0 0
185
180
175

r

110

170

100

105

165

100

160

160

155

155

150

150

12

145

145

10

140

140

8

135

135

6

130

130

4

125

125

2

120

PERCENT

MISSISSIPPI

PERSONAL INCOME

105

MANUFACTURING EMPLOYMENT




1971 >100
185

1971-100
125

UNEMPLOYMENT RATE

PERCENT

170

/

1 1 1 1 1 1 1 1 1 1

1974

u

I I

I.H

1 1 t 1 l.J .

1975

165

« 1 1 1 1 1 1 1 1 11

1976

120

PREPARED BY FEDERAL RESERVE BAN* OF ST. LOUIS

MISSOURI
11

1975
111

IV

1

1976

11

APR

1976
MAY

JUN

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENTU
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENTJJ
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT JJ
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1942.6 1950.8 1944.0 1897.8 1960.4 1919.0 1976.2 1986.1
101.9 102.2 102.7 103.7 102.9 102.3 103.3 103.0
1736.4 1728.6 1749.9 1722.9 1752.5 1746.3 1753.3 1757.8
104.4 104.2 104.9 105.8 105.4 105.6 105.3 105.2
1334.2 1321.0 1336.5 1312.3 1336.7 1332.5 1337.9 1339.8
107.9 107.4 108.0 108.8 108.1 108.3 107.9 108.0
402.2
94.4

407.6
94.9

413.4
95.9

410.6
97.5

415.7
97.6

413.8
97.9

415.-4
97.9

418.0
97.0

144.8
7.0

138.7
7.0

134.2
7.0

146,2
6.3

117.6
5.7

189.6
6.9

101.3
5.3

112.0
5.0

N.A. 27,960
N.A. 155.5

N.A.
N.A.

N.A.
N.A.

2,166
182.2

2,148
181.6

N.A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100
JJI976 DATA ARE NOT STRICTLY
COMPARABLE WITH PREVIOUS DATA



26,072 26,528 27,704 27,768
142.1 143.9 146.5 152.5
2,114
171.0

2,536
162.8

12

3,253
146.5

2,329
149.0

N.A.
N.A.

MISSOURI
PAYROLL EMPLOYMENT
PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976

TOTAL PAYROLL EMPLOYMENT
NONMANUFACTURIN6
MANUFACTURING
TOTAL EMPLOYMENT
PERSONAL INCOME X
X YEAR ENDING APRIL

NONMANUFACTURING EMPLOYMENT
ns

MISSOURI U.S.
♦3.5
♦ 1.0
♦0.6
♦3.3
♦2.6
♦4.5
♦ 1.7
♦3.6
♦ 11.5
♦ 10.9

116
114

112
110
108

1971-100

TOTAL EMPLOYMENT

U.S.

1971 •100

PERSONAL INCOME

1971 •100
175
170
165

106

160

104

1-55

MANUFACTURING EMPLOYMENT

MISSOURI



1971-100

150
114

145

110

140

106

135

102

150

98

125

94

120

90

115

86

110
ALL DATA ARE SEASONALLY ADJUSTED

13

PREPARED BY FEDERAL RESERVE SANK OF ST. LOUIS

TENNESSEE
11

1975
11 1

IV

1

1976

11

APR

1976
MAY

JUN

MANPOWER U T I L I Z A T I O N
TOTAL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

1654.9 1679.3 1686.0 1657.0 1698.9 1682.1 1702.7 1711.9
103.6 103.6 104.9 107.3 106.5 106.9 106.5 106.0
1527.6 1542.5 1568.3 1508.1 1518.7 1521.6 1513.9 1520.7
112.6 113.0 114.5 113.0 111.9 112.8 111.7 111.3
1060.3 1064.9 1080.4 1040.8 1047.9 1049.8 1045.9 1048.1
118.0 118.3 119.4 118.2 116.6 117.4 116.5 116.0
467.3
102.0

477.6
102.8

487.9
105. 1

467.3
102.9

470.8
102.8

471.8
103.8

468.0
102.5

472.6
102.1

158.6
8.7

149.8
8.8

135.0
8. 1

139.9
6.8

126.0
6.9

128.3
7.0

121.3
7.1

128.3
6.6

N. A. 21,480
N. A. 165.5

N. A.
N. A.

N. A.
N.A.

762
168.5

739
166.6

N. A.
N.A.

INCOME
PERSONAL INCOME
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
FARM CASH RECEIPTS
MILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

19,876 20,828 21,732 21,436
152.1 157.0 160.5 165.3
595
129.7

766
138.2

N.A. - NOT AVAILABLE
ALL INDEXES:




1971-100

14

1,844
142.0

1,039
182.8

N. A.
N. A.

TENNESSEE
PERCENTAGE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR END INO
JUNE 1976
TENNESSEE
TOTAL PAYROLL EMPLOYMENT
-1.0
NONMANUFACTURING
-1.5
MANUFACTURING
+0.2
TOTAL EMPLOYMENT
+2.5
PERSONAL INCOME IK
+10.-5
RE YEAR ENDING APRIL

NONMANUFACTURING EMPLOYMENT
1-35

U.S.
+3.5
+3,3
+4.5
+3.6
+11.5

130

125
120

1971-100

TOTAL EMPLOYMENT

U.S.

1971-100

PERSONAL INCOME

1971 -1 0 0

180

115

175

110

170

.105

165

100

160

MANUFACTURING EMPLOYMENT

Digitized for TENNESSEE
FRASER


1971-100

155
120

150

115

145

110

140

105

135

100

130

05

125

90

120

55

115
ALL DATA ARE SEASONALLY ADJUSTED

15

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

E IGHT CENTRAL M I S S I S S I P P I V A L L E Y
M E T R O P O L I T A N AREAS
11

1975
11 1

IV

1

104.0
107.3

104.5
108. 1

105. 1
109.0

108.2
110.7

108.4
111.6

93.6
97.8

1976

1I

APR

1976
MAY

JUN

106.2
110. 1

105.5
110.9

105.8
110.9

105.5
110.9

105.2
110.9

109.0
112.3

109.7
113.2

108.8
114.0

109.1
114.0

108.8
114.0

108.4
114.2

94.7
98.2

95.2
99.8

97.4
101.3

97.2
102.2

97.2
102.3

97.2
102.3

97. 1
101.8

7.8
8.7

8.0
8.6

8.2
8.5

7.1
7.6

6.6
7.4

6.8
7.5

6.7
7.3

6. 1
7.5

103

103

104

104

107

106

107

107

154.5
158.2

153.9
155.8

152.3
157.0

153.6
157.5

157.3
N. A.

154.8
157. 1

158.3
156.5

158.9
N. A.

133.2
141.4

134.6
142.3

137.7
144.5

139.3
145.6

139.8
N. A.

140.0
146.3

139.2
146.0

140.2
N. A.

191.1
185.1

192.2
192.4

193.7
194.0

203.5
203.8

208.2
N. A.

209.0
209.4

207.3
206.8

208.2
N. A.

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
NONMANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
MANUFACTURING EMPLOYMENT INDEX
C.M.V. AREAS
UNITED STATES
UNEMPLOYMENT RATE
C.M.V. AREAS
UNITED STATES

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS INDEX
C.M.V. AREAS
UNITED STATES
MEMBER BANK DEPOSITS INDEX
C.M.V. AREAS
UNITED STATES
CHECK PAYMENTS INDEX*
C.M.V. AREAS
UNITED STATES

X BASED ON A SAMPLING OF MEMBER ANO NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




16

EIGHT CENTRAL M I S S I S S I P P I VALLEY
METROPOLITAN AREAS

1971-100

PAYROLL EMPLOYMENT

1974

1975

1971-100

1976

TOTAL BANK LOANS

1971 •100

220

220

210

210

200

200

190

190

160

180

17Q

170

160

160

150

150

140

140

130

130

120
110
100

120
110
1 1 1 1 11 11111 Li i I n
1975
1974

1 1 1n

II

1 I I I 1 1 1 LL.
1976

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

1974
C.M.V. AREAS




1975

1976

1971' • 100
PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976
AREA
SUMMARY U.S.
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
* YEAR ENDING MAY

♦ 1.3
♦3.2
+4.4
♦8.8

♦3.5
-0.8
♦3.6
♦ 12.0

100

1971-100

CHECK PAYMENTS

1971-100
260
240

PERCENT
12

220

10

200

8

180

6

160

4

140

2

120
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

U.S.

17

ST.

L O U I S , MI SSOURI — I L L I NO I S
M E T R O P O L I T A N AREA

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENTU
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENTS
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENTS
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100
U 1976 DATA ARE NOT STRICTLY
COMPARABLE WITH PREVIOUS DATA.



18

ST. LOUIS
M ISSO UR I- ILL I NO IS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971- >100
220

210

210

200

200

190

190

180

180

170

170

160

160

150

150

S '

140

140

130

130

120

120
110
100

110
1974

1975

100

1976

■11 1.11 K i l l I I

1974

1 1 1 I I 1 1 1 1 1..I

1.1 1 M 1 11 1 1 I..

1975

1976

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE




1976

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976
ST. LOUIS
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
X YEAR ENDING MAY

+ 1.3
+0.9
+2.6
+9.3

CHECK PAYMENTS

1971-100

u.s.
+3.5
-0.8
+3.6
+ 12.0

1971-100
260
240

PERCENT
12

220

10

200

8

180

6

160

4

140

2

1974

1975

1976

ALL OATA ARE SEASONALLY ADJUSTED

19

1974

1975

1976

120

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

L O U I S V I L L E , K E N T U C K Y - I N D I ANA
METROPOLI TAN AREA
MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




20

LOUISVILLE
KE NTUCKY-INDIA NA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971 -100
230

TOTAL BANK LOANS

220

220

210

210

200

200

190

170

1975

1976

UNEMPLOYMENT RATE

170

160

160

150

150

140

140

130

130

120

120

110

111»11 n i ii .J-xlltlj-lJ IX- M 1 1 11 1 1Ln.
110
1975
1976
1974

LOUISVILLE

U.S.

TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
X YEAR ENDING MAY

1971-100

CHECK PAYMENTS

41.3
♦5.5
♦3.4
♦ 14.6

U.S.
♦3.5
-0.8
♦3.6
♦ 12.0

180

1971-100
260

170

240

12

160

220

10

150

200

8

140

180

6

130

160

4

120
110 II 1II 11.1 1I.L- »«1lI1»«1ii LI 1111LI Li 1,

140

PERCENT

2



LOUISVILLE

180

TOTAL BANK D E P O S I T S

PERCENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976

190

■A
v\

180

1974

1971 >100
230

1974

1975

1976

ALL OATA ARE SEASONALLY ADJUSTED

21

120
PREPARED 8Y FEDERAL RESERVE BANK OF ST. LOU IS

MEMPHIS, T E N N E S S E E - A R K A N S A S
M E T R O P O L I T A N AREA
MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




22

MEMPHIS
TENNESSEE-ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971-100
PERCENTAGE CHANGE
SEASONALLY AOJUSTED INOEX
YEAR ENOING
JUNE 1976
MEMPHIS
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *
TOTAL DEPOSITS *
CHECK PAYMENTS *
* YEAR ENDING MAY

1974

1975

1976

1974

1975

UNEMPLOYMENT RATE

MEMPHIS

U.S.

CHECK PAYMENTS

1971-100

0.8

♦3.6
♦ 12.0

1971-100
300
275

PERCENT

12

250

10

225

8

200

6

175

4

150

2




♦3.5
-

1976

TOTAL BANK DEPOSITS

PERCENT

-0.4
-1.5
♦4.1
-5.7

U.S.

1974

1975

1976

ALL DATA ARE SEASONALLY ADJUSTED

23

1974

1975

1976

125

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LITTLE

ROCK,

NORTH L I T T L E ROCK,
M E T R O P O L I T A N AREA

ARKANSAS
11

APR

1976
MAY

JUN

150.4
119.2

152.5
118.1

151.3
118.4

152.4
118.5

153.7
117.5

124.7
122.4

123.1
124.0

124.5
122.3

124.0
123.0

124.3
122.5

125.1
121.3

27.3
98.5

27.0
98.3

27.3
101.3

28.0
102.8

27.3
101.1

28.1
103.8

28.6
103.4

It.2
7.1

9.2
6.1

9.3
6. t

6.3
4.9

7.7
4.8

7.7
5.1

5.7
3.9

9.8
5.4

7

7

7

7

7

7

7

7

764
193.5

776
203.0

789
204.5

822
208.6

852
213.5

867
208.8

842
214.0

845
217.8

898
153.7

905
157.7

948
163.5

968
166.4

993
169.9

969
169.4

989
168.9

1,002
171.3

24.5
210.9

23.5
207.6

25.2
217.4

28.3
244.4

29.0
251.0

33.3
264.8

25.8
251.1

27.9
237.2

11

1975
1 11

IV

1

150.0
116.2

150.8
115.8

151.7
117.3

123.4
121.2

123.6
120.4

26.5
97.4

1976

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURt N6 EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS,
N.A. - NOT AVAILABLE
ALL INDEXESt 1971-100




24

LITTLE ROCK
NORTH LITTLE ROCK, ARKANSAS
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-tOO

TOTAL BANK LOANS

i»n< •100

240
230

PERCENTACE CHANCE
SEASONALLY ADJUSTED INDEX
YEAR END INO
JUNE 1976

220
210

✓ V

200

/
z r—

ISO

LITTLE ROCK

190
180
170
160

160

130

TOTAL PAYROLL ENPLOYIIENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYNENTS X
X YEAR END 1NO NAY

♦ 1.7
♦ 11.7
♦9.3
♦ 18.2

U.S.
♦3.5
-0.8
♦3.6
♦12.0

140
130

llllllilttl..111i.t.1ti.lii. 1111 111111« 120
1974

1978

1976

TOTAL BANK D E P O S I T S

PERCENT

UNEMPLOYMENT RATE

LITTLE ROCK




U.S.

1971-100

CHECK PAYMENTS

1971-100
260
260

PERCENT
10

240

8

220

6

200

4

180

2
0

160
140
ALL DATA ARE SEASONALLY A6JUSTE9

25

PREPARED DY FEDERAL RESERVE S A W OF ST . LOUIS

E V A N S V I L L E , INDIANA-KENTUCKY
METROPOLITAN AREA
11

1975
1 11

IV

1

105.6
105.8

107.1
105.5

106.4
105.3

71.7
112.1

72.8
112.4

33.9
94.5

1976

11

APR

105.4
107.3

107.6
107.8

72.7
113.2

71.3
113.5

34.3
93.3

33.7
91.5

9.8
7.7

8.2
7.2

9

1976
MAY

JUN

107.1
108.3

107.8
108.2

107.8
106.9

72. 1
112.8

71.7
113.0

72.2
112.8

72.4
112.4

34.1
96.4

35.5
99. 1

35.4
99.9

35.6
100. 1

35.4
97.2

7.9
6.9

7.9
5.6

5.5
4.4

5.6
4.5

5. 1
4.5

5.7
4. 1

9

9

9

9

9

9

9

435
157.5

442
161.4

454
161.4

452
162.0

464
168.5

459
166.9

461
166.9

473
171.7

618
151.3

628
155.5

651
157.9

660
160.5

683
167.6

676
166.8

681
166.8

691
169.3

9.8
163.2

9.9
161.4

10.4
171.4

10.8
182.0

12.0
200.2

11.7
194.4

11.0
200.4

13.3
205.9

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS

MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK D E P O S I T S

MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *

BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




26

E V A N S V IL L E
INDIANA-KENTUCKY
METROPOLITAN AREA
1971 •100
118

PAYROLL EMPLOYMENT

1971' 100

1971-100

TOTAL BANK LOANS

1971 -100
220

116

210

114

200

112

190

110 —

180

108

170

106

160

104

150

102

140

100

130

98

120

96

110
100

94 -111.111II111 1111.1.1.1 II.JJ- II 1111II 11L
1975
1976
1974

1974

1975

1976

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

1974
EVANSVILLE



1976

1975

U.S.

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976
EVANSVILLE
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
X YEAR ENDING MAY

1971-100

CHECK PAYMENTS

4-1.5
+8.0
+ 10.0
+23.1

U.S.
+3.5
-0.8
+3.6
+ 12.0

1971-100
260
240

PERCENT
12

220

10

200

8

180

6

160

4

140

2

120
ALL DATA ARE SEASONALLY ADJUSTED

27

PREPARED SY FEDERAL RESERVE BANE OF ST. LOUIS

S P R I N G F I E L D MI SSOURI
M E T R O P O L I T A N AREA
MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX
X BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




28

SPRINGFIELD
MISSOURI
METROPOLITAN AREA
TOTAL BANK LOANS

PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976
SPRINGFIELD
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS *
TOTAL DEPOSITS *
CHECK PAYMENTS *
* YEAR ENDING MAY

1974
1974

1975

1976

1975

+3.9
+8.9
+ 11.4
+27.1

U.S.
+3.5
-0.8
+3.6
+ 12.0

1976

TOTAL BANK DEPOSITS
190

CHECK PAYMENTS

180
PERCENT

UNEMPLOYMENT RATE

170

PERCENT

160

10

150
140
130
120

1974

SPRINGFIELD



1975

—

110

1976

U.S

ALL DATA ARE SEASONALLY ADJUSTED

29

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

FORT S MI T H , ARKANSAS-OKLAHOMA
METROPOLITAN AREA
11

1975
111

IV

1

52.5
108.3

55.5
112.8

55.6
114.6

34.3
111.4

35. 1
112.9

18.2
102.9

1976

11

APR

1976
MAY

JUN

55.4
117.6

56.9
117.5

56.5
118.2

57.2
117.9

57.1
116.4

35.5
114.8

34.6
115.0

35.0
113.7

34.8
113.8

35.3
114.0

34.9
113.3

20.4
112.5

20.1
114.3

20.8
122.1

22.0
124. 1

21.8
126.0

21.9
124.8

22.2
121.7

7.0
10.0

5.3
8.3

5.8
8.2

6.1
7. 1

4.8
6.7

4.6
6.2

4.8
7.2

5. 1
6.8

3

3

3

3

3

3

3

3

170
157.3

175
159.6

176
163.2

176
164.8

182
167.3

182
165.5

179
165.9

186
170.6

235
145.0

249
152.6

262
160.9

263
165.3

270
165.7

273
167. 1

268
165.8

269
164.2

4.6
149.7

5.0
156. 1

5.0
161.0

4.9
165.2

5.5
177.9

5.8
175.7

4.9
180.2

5.8
177.9

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT

THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




30

FORT SMITH
ARKANSAS-OKLAHOMA
METROPOLITAN AREA
PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971 -100

220

220

210

210

200

200

190

190

180

180

170

170

160

160

150 ^

____

150

140

140

130

130

120

120

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976
FORT SMITH
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
X YEAR ENDING MAY

♦6.7
♦5.0
♦ 14.5
♦ 19.6

U.S.
♦3.5
-0.8
♦3.6
♦ 12.0

110
1974

1975

110
1
1
1
1
1
.
1
.
1
1
1
1
I
,
.
1
L.
1
1
1
1
M
1
II1
1
1
1
1
1
It
1
1
1
100
100
1976
1975
1974

1976

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

1974
FORT SMITH




1976

1975

u.s.

1971-100

CHECK PAYMENTS

1971-100
240
220

PERCENT
12

200

10

180

8

160

6

140

4

120

2

1974

1975

1976

ALL DATA ARE SEASONALLY ADJUSTED

31

100
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

P I N E B L U F F ARKANSAS
M E T R O P O L I T A N AREA
11

1975
r1 r

IV

1

25.4
104.7

25.0
102.3

25.8
104.5

19.6
105.4

19.4
103.6

5.8
102.3

1976

11

APR

1976
MAY

JUN

25.5
104.8

25.4
104.4

25.7
105.5

25.5
104.9

24.9
102.8

20.4
106.5

19.9
106.7

19.8
106.3

20.1
107.5

20.0
107.0

19.3
104.4

5.6
98.2

5.5
97.6

5.5
98.3

5.6
96.2

5.6
99.1

5.5
97.9

5.6
97.6

2.6
7.9

2.6
8.5

2.4
8.4

2.3
7.0

2.4
7.3

2.1
6.8

2.1
6.9

3.0
6.1

4

4

4

4

4

4

4

4

169
170.0

166
174.4

172
171.7

184
181.0

190
191.0

188
188.2

189
191.4

191
193.3

220
149.4

225
155.2

242
158.1

245
161.4

241
162.2

242
160.0

237
161.6

244
164.9

3.1
193.5

3.5
214.9

3.6
187.8

3.5
206.9

3.3
201.7

3.5
201.5

3.0
202.2

3.4
201.5

MANPOWER U T I L I Z A T I O N
PAYROLL EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
NONMANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
MANUFACTURING EMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED INDEX
UNEMPLOYMENT
THOUSANDS OF PERSONS
SEASONALLY ADJUSTED RATE

BANKI NG A C T I V I T Y
NUMBER OF MEMBER BANKS
MEMBER BANK LOANS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
MEMBER BANK DEPOSITS
MILLIONS OF DOLLARS
SEASONALLY ADJUSTED INDEX
CHECK PAYMENTS *
BILLIONS OF DOLLARS
ANNUAL RATE
SEASONALLY ADJUSTED INDEX

* BASED ON A SAMPLING OF MEMBER AND NONMEMBER BANKS.
N.A. - NOT AVAILABLE
ALL INDEXES: 1971-100




32

P I N E BLUFF
ARKANSAS
METROPOLITAN AREA
1971-100

PAYROLL EMPLOYMENT

1971-100

TOTAL BANK LOANS

1971 -100
230

1971 -100
230
220

210

210

200

200

/

190
180
170
160
150

1974

> \ A *.
v

170
160

s '

150

140

140

130

130

120

120

110

1976

1975

-ixlaxlji..Lu- ■li-l-l-l 1II 1t 1 111.1 1.1111t 1.
1974

1975

1976

TOTAL BANK DEPOSITS

PERCENT

UNEMPLOYMENT RATE

PINE BLUFF

U.S.

PINE BLUFF
TOTAL PAYROLL EMPLOYMENT
TOTAL LOANS X
TOTAL DEPOSITS X
CHECK PAYMENTS X
X year ENDING MAY

+0.5
♦ 13.8
♦8.3
♦8.4

U.S.
+3.5
-0.8
♦3.6
♦ 12.0

110

CHECK PAYMENTS

1971-100

1971-100
240
220

PERCENT
12

200

10

180

8

160

6

140

4

120

2




190
180

r vV
r

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
JUNE 1976

1974

1975

1976

ALL DATA ARE SEASONALLY ADJUSTED

33

1974

1975

1976

100

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS IN TEN MEDIUM-SIZE CITIES
MILLIONS UP DOLLARS_____ ________
JUNE
EL DORADO* ARK*

$

1976

JUNE

467

1/

SEASONALLY ADJUSTED INDEX__ 2J_
1971 * 100

1976

MAY

1976

APR’ ~ I976~" ~ JUNE "* 1975

464*7

462*4

456*7

508*2

225*8

222.7

217.7

196*8

“243

173.6

177.7

173.8

158*3

QUINCY* ILL*

242

191*6

192*3

192*8

161*3

OWENSBORO* KY.

231

"181.0

178*6

148.T

PADUCAH* KY*

176

185*3

186*6

188.5 ”

161.3

139

167*0

182*9

178*1

161*1

156

~228.5

229*3

235^0

180*8

44

178*0

179*2

177.7

163*3

169

*“ 190*1 "

19215*

193*4

167*1

65"

HELENA* ARK*
TEXARKANA SMSA* ARK*

Gr e e n v i l l e ,

miss*

CAPE GIRARDEAU, MO* ~ ~
HANNIBAL, MO*
JACKSON* ‘T ENNT*

1/

......

'

180*4'

~

DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND U.S* GOVERNMENT ACCOUNTS*

2/ THREE-MONTH MOVING AVERAGES (EXCEPT LATEST MONTH* WHICH IS A TWO-MONTH AVERAGE)*




34