View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Released ■A ugust 2 8 , 1963

August 1963
SELECTED ECONOMIC INDICATORS




CENTRAL MISSISSIPPI VALLEY METROPOLITAN AREAS

$T. LOUIS

EVANSVILLE

LOUISVILLE

SPRINGFIELD, MO.

MEMPHIS

FORT SMITH

LITTLE ROCK

P re p a re d by R esea rch Departm ent
F e d e ra l R e se rv e Bank of St. Louis




These data are presented as an aid in following economic developments in metropolitan centers
located within the district of the Federal Reserve Bank of St. Louis. Because economic activity is
complex, a more meaningful analysis can be made by considering the entire set of indicators than by
relying on any single one. Moreover, there may be technical shortcomings in some series.
All data are presented in both unadjusted and adjusted-for-,seasonal-variation form. Index numbers
are on a 1957-59 base. In addition, in order to smooth erratic fluctuations, the indexes of electric
power, department store sales, and check payments are averages of the indexes for three months
(i.e ., the month reported and the month just prior and just following) except for the most recent index.
This is an average of two months (i.e ., the month reported and the month just prior).
The index of industrial use of electric power is based on data provided to this Bank by the
public utilities in each area. Employment data are developed by the respective State Employment
Security Offices. Total sales figures are provided by cooperating department stores in each center
and represent only a portion of total retail sales. Check payments (debits) are reported monthly by
all or a sample of commercial banks. The data for deposits and business loans provided by weekly
reporting banks are monthly averages of weekly data. Deposits include time deposits and demand
deposits other than interbank and U. S. Government, less cash items in process of collection.

Footnotes for charts:
1. Three-month moving averages (except
latest month, which is a two-month
average)
2. Weekly reporting banks

3- Includes stores in Vincennes

5. All commercial banks

4. All member banks

n.a. Not available

Production and Spending
S e a so n a lly Ad justed
Three-M onth Moving A v e ra g e s

1957-59=100
2 0 0 1-------------

Manpower Utilization

Industrial Use of Electric Power

180

180

160

160
July estimated

uo

S e a s o n a lly A djusted

1957-59=100
------------12 00

St. Louis Metropolitan Area

140

120

120

100

100

Banking Activity

Bank Deposits

120
110

100
90
1961

1962

1962

1961

1963

80

1963

*Debits to demand deposit accounts, except interbank and U.S Government accounts.

Average Hours Worked
Annual
Averages
1957
1956
1959
i 960
1961

Thousands
o f Persons

Sea so ija lly
Adjusted
Index
1 0 0 .7

P er Cent

9 8 .8
1 0 0 .6

1 0 6 .3

19 6 2

S easo n ally
Adjusted
n .a .
n .a .
5 .5
4 .7

1 0 3 .8

6a

1 0 3 .7

5>

BANKING

PRODUCTION AND SPENDING

MANPOWER UTILIZATION

Unadjusted

Season ally
Adjusted
4 0 .0
3 9 .3
3 9 .9
3 9 .7
39*6
4 0 .2

Industrial Use of
Electric Power
Season ally
Unadjusted Adjusted
Index ll
Index
9 7 .6
9 4 .5

Bank D eposits
S easo n ally
S eason ally
Adjusted M illio n s
Adjusted
M illio n s
o f Doll a rt i
Index
Index
o f D o llars
9 9 .2
1 0 3 .1
1 0 1 .8
9 2 .3
1 0 4 .6
9 9 .0
1 2 0 .0
9 4 .8

Business Loans

Unadjusted
Index

1 0 8 .0

Seasonally
Adjusted
Indexi/

Seasonally
Adjusted
M illio n s
o f D ollars
Index 1/

9 8 .0
9 8 .2

9 8 .0
9 6 .6

1 0 3 .7
1 0 4 .2

1 0 5 .4
1 1 2 .9
1 1 7 .1
1 2 5 .3

1 0 9 .7
1 0 9 .9

1 0 2 .6

1 2 0 .0

1 0 5 .7

1 1 7 .0
1 1 9 .6

1 0 1 .2

1 0 4 .4

196 2

Ju ly
Aug.
Sep t.
O ct.
Bov.
Dec.

l t f t .6

829
827
827

10 k . 7
XOk.O

822
8 18
820

1 0 3 .5
1 0 3 .5
1 0 3 .1

1963
Jan .
808
Feb.
8 10
Mar.
8l 6
Apr.
827
May
8 29
June
848

Ju ly
81*3
http://fraser.stlouisfed.org/

5 .3
5 .0
4 .5
4 .4
4 .8
5 .0

5 .5
5 .3
5 .2
5 .1
5 .1
5*0

4 0 .3
4 0 .3
4 0 .5
4 0 .3
4 0 .3
4 0 .6

3 9 -9
4 0 .0
4 0 .9
4 0 .2
4 0 .2
4 0 .4

5 .1
5 .1
4 .6
4 .1
4 .8

4 0 .2
3 9 .9
4 0 .3
3 9 .6
4 0 .8
4 0 ,8 *
4 0 .7

4 0 .0
4 0 .5
4 0 .5
3 9 .8
4 0 .8
4 0 ,5
4 0 .3

1 0 3 .6

6a

1 0 ^ .5

6 .1

10 5 -2
1 0 5 .6

5 -4
4 .2
4.v3
4 .7
4 .6

1 0 5 .3
IO 6 . 3
1 0 6 .3

Federal Reserve Bank of St. Louis

5-o
4.8

1 2 9 .2
1 2 2 .1

1 2 4 .4
1 1 9 .7
1 1 4 .3
1 2 2 .5
1 1 5 .4
1 2 7 .8

1 3 0 .4
1 3 1 .3
1 2 8 .2

1 4 9 .5
1 3 6 .7

1 2 3 .1

1 2 4 .9
1 2 4 .2
1 2 4 .9

1 0 6 .2
1 0 6 .1

3,417
3,344
3,072
3,578
3,373
3,710

1 0 6 .4
1 0 4 .9
1 0 8 .9
1 0 9 .4

3,750
3,157
3,551
3 , 68 l

1 1 1 .8

3 ,8 2 1

10 9 .5

3,755
3,953

1 3 3 .5
1 3 0 .7
1 3 3 .6
1 3 7 .7
1 4 0 .5
1 4 1 .7
l4 l.le

8 8 .3
9 8 .7
IO 9 . 7
1 0 7 .1

1 0 4 .7
1 0 5 .9
1 0 4 .3
1 0 k. 6

1 1 9 .3
1 2 0 .9

1 2 7 .0

1 2 4 .9
1 3 0 .5
1 3 2 .4

8 2 .3
7 7 .4
9 2 .9
9 9 .7
1 0 5 .5

1 2 3 .0
1 2 0 .2
1 1 9 .0

1 3 2 .0

1 3 2 .5
1 3 4 .0
1 3 6 .4 e

1 9 1 .9

1 0 7 .0
8 8 .0

1 1 0 . 7e

1 2 6 .8

1 3 1 .3
1 3 3 .4

403
411
412
409
410
414

404
397
393
392
398
400

4o8

1 2 1 .3
1 2 2 .1
1 2 1 .6
1 2 3 .0

1 ,2 3 4
1 ,2 2 5
1 ,2 4 1
1 ,2 5 5

1 0 4 .3
1 0 3 .3
1 0 5 .0

1 0 6 .3

1 2 3 .9

1 ,2 5 0

1 2 6 .6

1 ,2 9 4

1 0 6 .1
1 0 7 .8

1 2 6 .6

1 ,3 1 4
1 ,2 8 4

1 1 0 .0
1 0 6 .2

1 ,2 6 8
1 ,3 0 6

1 0 9 *2
1 0 9 .4

1 ,2 8 4
1 ,3 0 3
1 ,3 1 2

1 0 9 .7

1 2 1 .9
1 1 5 .3
1 1 6 .9
1 1 9 .7
1 2 2 .4
1 2 2 .9

1 0 6 .3
1 1 0 .8

Manpower Utilization

Production and Spending
S e a so n a lly A d justed
Three-M onth M oving A v e ra g e s

1957-59=100
160

Louisville Metropolitan Area

1957.59=100
160

Industrial Use of Electric Power

140

140
July estimated

120

120

100

100

80

1 1 l 1 1 ,l il mil l 1 1

,1 1 1 l.,i

J

1 1 i„ .l

Banking Activity
1 ,1. i . i . 1-1-1

S e a s o n a lly A d ju ste d

80

**Debits J© demand deposit accounts, except interbank and U.S Government accounts

MANPOWER UTILIZATION___________________
Average Hours Worked
(Manufacturing)
Arrminl

Thousands

Averages

of P erso n s

Index

Seasonally
P e r fleirfc

102.2
97.5
100.3
99.8
96.3
101.3

1957
1958
1959
I960

1961
1962
1962
July
Aug.
Sept.
Oct.
Kov.
Dec.

Seasonally
Adjusted

Ad in s te d

111

5.*
8 .6
6 .5
6 .6
7 .4
5^

Seasonally
Adiuerhed
40.7
4o .7
40.6
46.0
40.5
40.8

____________ ;_______ PRODUCTION AND SPENDING________________ __
Industrial Use Of
Check Payments
Electric Power
Department Store Sales
seasonally
seasonally
Seasonally
Unadjusted
Adjusted
Millions
Adjusted
Unadjusted Adjusted
Tndev
Index =/
of Dollars Index V
Tndev
Tndev 1 /
106.4
97.9
99.1
97.8
97.6
90.8
102.8
104.5
103.1
103.4
106.0
97.9
98.4
106.1
98.0
1
1 1 .0
107.1
105*3

_____________BANKING
Business Loans ^
seasonally
Seasonally
Adjusted
Millions
Adjusted Millions
of
Dollars
Index
T"dex
or ixajftrs
104.9
99 .3
97.4
99.5
10 1 .2
97.7
109.4
99.8
104.0
115.9
U O .9
114.5

266
285
288
287
283
281

101.1
100.7
101.1
103.4
100.9
100.1

4 .8
4 .7
3 .9
4 .1
5-0
5-0

4 .8
5a
4 .8
4 .7
5-2
5-2

4 ia
40.6
40.9
40.5
41.0
41.3

41.1
40.4
40.3
40 .2
41.2
40.7

106.9
100.5
112.7
103-3
105.1
112.J1

109.5
106.9
105.4
105.6
106.6
108.4

91.7
95.8
110.7
102.6
130.1
211.5

105.1
110.3
105.6
108.4
106 a
104.1

1,012
1,033
938
1,133
1,068
1,079

111.2
112.5
115.1
116.9
116.8
122.5

123
123
125
130
140
160

109.8
113.2
118.1
122.0
121.2
127.5

469
464
473
471
483
480

111.6
111.3
1 12.7
1 12.3
1 13.2
11 2 .6

1963
Jan.
274
Feb.
272
Mar.
275
Apr.
279
May
285
June
286
Julyfor FRASER
287
Digitized

101.1
100.7
101 a
100.6
1Q1M
101.2
101.4

5-5
6 .2
5-5
4 .4
4 .0
4 .6
4 .4

4 .8
5-1
4 .8
4 .4
4 .3
4 .7
4 .4

41.0
4o.3
40.9
40.9
40.2
42.4
n .a .

40.5
4 0.9
42.7
41.1
42.3
41.6
n .a .

106.2
112.2
105.7
115.0
108.5
128.5
111.8

108.0
108.2
108.4
111.1
117.3
118.4
120,8e

64.5
68.2
93-8
112.7
101.1
103.8
93-7

101.8
100.2
105.8
105.6
107.5
109.4
1 1 3 .3e

1,251
954
1,022
1,090
1,134
1,093
1,224

120.4
121.1
116.3
119.9
121.6
126.2
12 7 .2e

149
139
142
141
139
140
144

128.1
121.9
123.7
124.3
1 21.9
124.4
127.8

498
500
493
490
486
502

11 4 .8
H 7 .9
H 6 .3
115-6
117-7
118.8

489

H 6 .5



Production and Spending
S e a so n a lly Adjusted

Memphis Metropolitan Area
Manpower Utilization
Se a so n a lly A d justed

Banking Activity
S e a so n a lly Adjusted

1957-59=100

Business Loans

Department Store Sales

120
110
100

Bank Deposits

160
150
140
130
120
1961

1962

1963

1961

1962

110

1963

* Debits to demand deposit accounts, except interbank and U S. Government occounts.

Total Deployment
Annual
Averages
1957
1958
1959
I960
1961
1962

Thousands
o f Persons

Seasonally
Adjusted
Index
1 0 0 .2
9 8 .9
1 0 0 .9
1 0 2 .9
1 0 3 .4
10 4 .2

1962
Ju ly
Aug.
Sept.
Oct.
Bov.
Dec.

238
239
240
239
239
240

1 0 4 .3
10 4 .7
1 0 4 .3
1 0 3 .9
10 3 .7

1963
Jan.
P et.
Mar.
Apr.
May
June
Ju ly

237
236
239
242
244
244
243

10 4 .5
1 0 4 .6
1 0 5 .2
1 0 5 .9
•105.7
10 6 .3
1 06.5

io4a




Unemployment Rate
Per Cent

4 .6
4 .2
3 .9
3 .5
4 .0

4a

5 .1
5 .2

4 .8
3 .9
3 .6
4 .2
4 .1

Seasonally
Adjusted
5 .0
6 .7
5 .3 4 .8
5 -3
4 .4

BANKING

PRODUCTION AND SPENDING

MANPOWER UTILIZgriOH
Average Hours Worked
(Manufacturing)
Unadjusted

Seasonally
Adjusted
4 0 .3
3 9 .3
4 1 .0
4 0 .6
4 1 .0
4 0 .6

In d u stria l Use o f"
E le c t r ic Power
Department Store Sales
Seasonally
Seasonally
Adjusted
Unadjusted
Unadjusted Adjusted
Index l/
Index
Index
Index 1/
93 .3
98.7
8 6 .7
97 .3
1 0 9 .4
114.6
1 0 4 .4
1 1 8 .2
1 0 2 .9
1 3 1 .9
155.2
1 0 9 .9

4 .6
4 .4
4 .4
4 .1
4 .3
4 .4

4 0 .7
4 0 .6
4 1 .0
4 1 .4
4 1 .0
4 0 .0

4 0 .6
4 0 .8
4 0 .6
4 0 .4
4 1 .0
4 0 .1

1 4 7 .7
1 4 1 .8
166.6
1 5 7 .3
1 5 1 .9
1 5 6 .4

1 55.5
1 5 8 .3
1 5 8 .0
15 8 .4
1 5 3 .3
1 5 1 .7

4 .6
4 .4
4 .3
3 .9
3 -8
4 .0
4 .1

4 0 .1
3 9 .9
4 0 .7
4 1 .2
4 1 .3
40 .5
4 1 .4

4 0 .3

1 5 0 .3
1 7 1 .8
16 3 .4
157-3
1 56.2
1 77.4
1 5 3 .0

1 5 4 .6
1 5 8 .3
15 7 .6
1 5 6 .7
1 6 3 .7
168.1
1 7 3 -le

4oa
4 0 .9
4 1 .6
41 .5
40 .5
4 1 .3

1 0 1 .8
1 0 8 .5
1 1 0 .6
1 1 1 .4
1 3 6 .0
1 9 6 .6

8 2 .1

8 2 .7
1 0 0 .0
1 0 ^ .9
1 1 6 .9

10 0 .3
99.6

Check Payments
M illions
o f D ollars

Seasonally
Adjusted
Index y
96.8
95.4
107.8
112.8
124.1
1 2 8 .8

Business Loans 2/
Seasonally
Adjusted
Index
ld .O
97 .1
1 0 1 .9
1 1 7 .1
1 2 3 .6
1 3 0 .8

M illion s
o f D ollars

1 1 1 .1
1 1 1 .3
1 1 2 .4

1 ,0 0 0
1,0 2 4
985
1,372
1 ,2 5 0
1,1 7 0

1 30.8
131.4
132.7
127.7
1 25.9
12 5 .6

185
187
200
235
239
245

1 3 0 .3
1 2 8 .9
13 5 .5
14 9 .5
1 2 5 .6
1 2 1 .0

110.5
1 0 9 .9
1 12.7
1 1 4 .2
116.5
115.4
1 1 5 .9e

1,191
1 ,0 2 0
1 ,067
1,132
1 ,223
1 ,0 9 7
1,303

1 31.3
132.1
135.4
1 43.0
145.5
154.6
1 5 3 .6e

232
225
220
219

1 2 3 .9
1 2 4 .0
1 3 2 .4
1 4 1 .3

1 0 9 .9
112.5
1 0 8 .8

206

I 3 9 .7

202
203

1 4 4 .7
1^ 3.4

Bank

D eposits 2/

SeasonallyM illion s
o f D ollars

Adjusted
Index
95 .6
99 .4
1 0 5 .0
1 0 8 .6
1 2 0 .9
1 3 1 .4

636

1 3 1 .3
1 3 3 .3
1 3 4 .0
1 3 4 .9
1 3 9 .5
1 4 3 .0

638
631
634
652
667
667
668

1 4 1 .4
1 4 0 .4
1 4 1 .4
1 4 3 .2
1 4 8 .9
1 4 9 .6
1 4 9 .0

589
597
600

595
6 11

Production and Spending
S e a s o n a lly A d ju sted
Three-Month Moving A v e ra g e s

Little Rock Metropolitan Area
Banking Activity
S e a so n a lly A d justed

*Debits to demand deposit accounts, except interbank and U S. Government accounts.

MANPOWER UTILIZATION

Annual

Averages

Total Employment
Seasonally
Adjusted
Index

Thrni sands
of Persons

1957
1958
1959
I 960
1961

9 6 .4
1 0 0 .3
1 0 3 .4
1 0 6 .4
1 0 6 .7

19 6 2

1 0 7 .6

Aug.
Sept.
Oct.
Nov.
Dec.
1963
Jan.
Feto.
Mar.
Apr.
May

104
103
1C*
103

Unemployment Rate
Per Cent

1 0 8 .9
1 0 7 .5

3 .5
3 .0

1 0 7 .0

2 .8

2 .9
3 .5
4 .4

98
98
99

1 0 7 .9
1 0 7 .3

4 .9 .
4 .0
3 .5

10 1

1 0 7 .5

2 .6

1 0 7 .0
IO8 .3

2 .3
2 .9
2 .8

99

103
June
 104
104
July
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

1 0 7 .0

1 0 9 -6

Unadjusted

Seasonally
Adjusted
4 0 .3
4 0 .0
4 0 .4
4 0 .1
39.6
39.4

4 .5
5 .7
3 .6
3 .8
4 .7
3 .6

1 0 5 .3
1 0 4 .0
1 0 5 .7

10 1

Seasonally
Adjusted

Average Hours Worked
(Manufacturing)

4 .0
3 .5
4 .0
3 .7
3 .7
3 .6

3 9 .7
4 0 .2
4 0 .9
4 0 .6
4 0 .0

3 9 .3
4 0 .1
4 0 .2
4 0 .4
3 9 .9

3 8 .8

3 8 .6

3 .4
3 .0
' 3 .2
2 .7
2 .7
3 .0
3 .2

39.5
3 9 .9
39 .4
3 9 .6
40*
4 0 .4

4 0 .0
4 1 .1

4 0 .3

3 9 .6

4 0 .1
4 0 .0
4 0 .3
3 9 .9

PRODUCTION AND SPENDING
Industrial Use Of
Department Store Sales
Electric Power
Seasonally
Seasonally
Unadjusted Adjusted Unadjusted Adjusted
Index y
Index
Index
Index 1/
92.0
99.5
9 4 .2
1 1 3 .7
1 2 4 .1
1 2 7 .3
1 4 1 .7

9 1 .9
9 7 .9

110.2
110.1

102.0
97 .2
9 5 .4
97 .1

1 6 4 .3

8 4 .6
9 3 .6
9 9 .7
1 0 2 .0
1 2 3 .9
1 8 4 .7

1 3 5 .8
1 7 0 .6
1 4 3 .5
1 3 1 .0
1 0 7 .2
1 3 5 .9
1 2 0 .6

1 4 3 .6
1 4 7 .5
1 4 5 .6
1 3 9 .6
1 3 8 .9
1 4 0 .2
1 4 4 .2e

6 6 .9
7 4 .2
93.4
1 0 0 .2
1 0 2 .9

1 6 9 .7

Check Payments
Seasonally
Adjusted .
Index U

Millions
of Dollars

98.5

1 3 9 .3
1 4 2 .6
1 4 5 .5
1 4 5 .6
1 4 1 .2
1 3 9 .8

1 1 8 .1

1 1 5 .2
1 5 5 .5
1 6 5 .1

BANKING

8 7 .8

8 4 .9

9 6 .1
9 8 .0
9 4 .8
9 6 .6
99 .4
1 0 0 .4
96 .8
1 0 3 .3
1 0 7 .1
1 0 6 .9
1 0 4 .6
10 3 -0
1 0 3 . 0e

1 1 7 .0
1 2 8 .3

__ Deposits 2/_______
Business T.pftns 2/
Seasonally
Seasonally
Adjusted
Millions
Adjusted Millions
of
Dollars
Index
of Dollars
Index
95.7
91 ;1
100.2
95.3
104.1
113.6
107.7
131.9
117.2
1$0.2
124.5
154.0

293
296
252
326
295
297

1 3 1 .9
129.1
1 2 9 .7
1 2 7 .3
1 32.4
1 3 9 .0

36
36
36
38
39
39

1 5 3 .0
1 5 7 .6
1 5 5 .9
1 5 9 .7
1 6 1 .4
1 5 4 .2

350
271
314
325
378
311
387

140.8
1 4 0 .9
13 9 .6
14 9 .1
1 4 9 .9
1 58.4
1 5 6 .7e

38
37
37
39
41
41
41

1 5 5 .9
1 5 8 .1
1 6 0 .2
1 7 1 .2
1 7 5 .0
1 7 6 .7
1 7 4 .2

18 8

193
189

1 2 4 .6
1 2 5 .3

18 8

1 2 3 .6
1 2 6 .0

184
187

1 2 4 .6
1 2 4 .5

194
196
195
196
203
204

1 2 9 .3
1 3 0 .0
126'. 9

204

1 3 5 .2

1 3 2 .0

1 3 9 .1
1 3 6 .9

Production and Spending
Season ably A d justed
Three-M onth Moving A v era g es

Evansville Metropolitan Area

Manpower Utilization

Banking Activity

S e a s o n a lly Ad justed

S e a so n a lly A d justed

Department Store Sales

120
110

100
90
130

140

120

120

no
100

100

90

80

MANPOWER UTILIZATION

Annual
Averages
1957
1958
1959
1960
1961
1962

1962
Ju ly
Aug.
Sept.
Oct.
Nov.
Dec.
1963
Jan .
Teh.
Mar.
Apr.
May
June
Digitized
Ju ly for

T otal Employment
Seasonally
Thousands
Adjusted
o f Persons
Index
1 0 7 .2
9 7 .2
95-6
9 3 .9
9 2 .9
9 3 .9
73
73
73
73
73
7*
72
72
73
Ik

75
76
FRASER
76

Unemployment Rate
Per Cent

Seasonally
Adjusted
6 .6
1 0 .5
8 .4
6 .6
6 .8
5 .1

Unadjusted
n .a .

1 0 3 .6

n .a .

9 4 .9
95-5

5 .1
4 .4
4 .7
4 .1
4 .2
5 .0

9 5 .5
9 6 .5
9 6 .1
9 5 .8
9 6 .5
9 7 .1
97-4

6 .0
5 .7
5 -3
3-8
3 -0
3 -8
3 .4

5 .3
4 .6
4 .5
3 .9
3 .3
4 .1
3 -6

n .a .

9 4 .4



Seasonal1y
Adjusted
n .a .

In d u stria l Use of
E l e c t r i c Power
Seasonally
Unadjusted Adjusted.
Index 1/
Index
10 2 .6
93 .6
11 8 .5
1 2 0 .7
1 3 2 .0

3 .7
3 .3
3 .9
3 .5
4 .1
4 .8

9 3 .9
9 3 .8
9 4.4

BANKING

PRODUCTION AND SPENDING
Average Hours Worked
(M anufacturing)

n .a .

n .a .

Department Store S a le s *
Check Payments
Seasonally
Seasonally
Unadjusted
Adjusted . M illion s
Adjusted .
Index
Index 1/
Index V
o f D ollars
1 0 3 .0
109.1
9 4 .4
97.3
96.5
99.7
97 .8
1 01.3
1 02.5
98.5
1 0 4 .0
1 1 2 ,9

1 4 1 .8
1 2 7 .9
1 4 6 .4
1 2 9 .1
1 29.4
1 3 5 .3

13 5 .6
1 3 4 .0
133.4
13 4 .1
1 3 4 .0
13 3 .6

9 3 .3
10 2 .5
1 0 6 .7
1 0 4 .2
1 2 9 .3
1 8 5 .2

1 1 8 .7
1 3 7 .6
1 3 7 .5
1 4 4 .1
1 4 2 .0
1 7 4 .1
1 4 4 .5

1 3 5 .3
1 3 7 .2
1 4 1 .7
1 44.1
1 49.8
1 4 6 .9
1 4 6 .9e

6 7 .6
6 7 .2
93 .7
1 05.4
107o
1 26.4
96.2

1 0 4 .6
1 0 4 .8
1 0 1 .3
1 0 2 .9
1 0 3 .2

1 0 6 .7
10 3 .4
1 05.2
1 0 6 .6
1 1 0 .0
1 1 5 .9
1 1 5 .7
1 1 9 . Oe

Business Loans?/
Bank D eposits
Seasonally
Seasonally
M illio n s
Adjusted M illio n s
Adjusted
o f D ollars
Index
o f D ollars
Index
1 0 0 .0
9 2 .1
1 0 0 .4
9 5 .4
9 9 .6
1 1 2 .5
1 2 5 .1
9 9 .9
1 1 1 .8
1 2 9 .0
1 4 2 .2
1 1 7 .0

220
203
178
217211
204

1 1 4 .0
111.5
1 1 1 .7
1 1 2 .0
1 1 4 .9
117.5

44
43
42
42
42
44

1 4 1 .6
. 1 4 1 .3
1 3 9 .6
1 3 9 .6
1 4 0 .3
1 4 6 .9

159
155
159
159
160
163

244
185
192
207
219
212
244

1 1 5 .9
1 1 4 .0
1 1 2 .9

47
48
47
46
47
48
48

1 6 3 .7
1 5 9 .1
1 5 1 .8
1 5 0 .8
1 5 2 .8
1 5 3 .8
1 5 5 .4

163
161
159
160
164
168
167

1 1 6 .0

118.4
121.1
1 2 1 .4e

1 1 5 .7
1 1 6 .3

1 1 8 .4
1 1 8 .0

1 1 7 .5
1 1 9 .6
H 9 .3
1 2 0 .9
1 1 9 .5
1 1 8 .8

1 2 1 .3
- 1 2 2 .6
1 2 1 .9

Springfield Metropolitan Area
Manpower Utilization
S e a so n a lly A d ju sted

Production and Spending
Banking Activity

S e a s o n a lly A d justed
Three-Month Moving A v e ra g e s

1957-59=100

Per C e n t

Per Cent

Unemployment Rate

180-

180

160

160

Demand Deposits*

140

_

July estimoted

140

130

130

120

120

-1° ly

• . —

110

110

- - - - - - - - ^

120

120

100

1

1

1

1

1

i

1

1

1

1

1

1

1

1.

1961

1 1

i

!

1

1

1

1

1

1

1962

1

1

1

1

1

1

1

i

100

1

1963

‘ Debits to demand deposit accounts, except interbank and U.S. Government accounts.

100.

100

90

1

1

i

1

1

1

1

1

1

1

1

1961

!

J

1

!

I

!

I

i

1

1

!

i

l

l

l

1962

l

l

,

.

:

.

1963

90

*All member bonlcs.
’ *Demand deposits oi individuals, business and loco I governments

All bonlcs

BANKING
PRODUCTION AND SPENDING

MANPOWER UTILIZATION

Annual
Averages
“ 1957
1958
1959
i 960
1961

1962
1962
Ju ly
Aug.
Sep t.
O ct.
Nov.
Dec.
Ja n .
Feb.

Mar.
Apr.

May
June

T otal Employment
Unemployment Rate
Seasonally
Thousands
Adjusted
Seaso n ally
o f Persons
Index
Per Cent
Adjusted
597?
5 -4
6 .4
98 .5
ICQ..7
4 .5
1 1 3 .6
6 .6
1 1 3 .2
5 -8
5 .4
1 1 7 .3
57
53
54
53
51
51
49
49
49

50
51
52
FRASER
52

1 2 0 .4
1 1 3 .4
1 1 6 .0
1 1 4 .2
1 1 4 .4

*-7
4 .2
4 .4
4 .2
4 .7
5 .1

5 .5
6 .0
6 .4
4 .7
4 .3
4 .0

1 1 2 .3
1 1 3 .3
1 1 2 .8
1 1 0 .9
1 0 9 .0
1 1 0 .6
1 1 0 .0

7 -2
6 .3
5 .7
4 .1
3 .6
4 .6
*•3

5 .5
4 .5
4 .5
4 .6
4 .4
5 .8
5 .0

1 1 8 .6

Digitized
Ju lyfor


Average Hours Worked
(M anufacturing)
Unadjusted
n .a .

n .a .

n .a .

Seasonally
Adjusted
n .a .

n .a .

n .a .

In d u s tria l Use Of
E l e c t r i c Power
Seasonally
Adjusted
Unadjusted
Index 1/
Index
n .a .
n .a .

n.a.<

n .a .

n .a .

n .a .

Department S to re Sales
Seasonally
Adjusted
Unadjusted
Index 1/
Index
96.5
96.5
1 0 7 .1
1 0 0 .0
9 9 .8
1 0 2 .6
97 .1
1 0 4 .9
1 2 2 .7
9 1 .9
1 1 3 .1
1 7 6 .7
6 7 .4
6 7 .2
93-9
1 0 8 .1
1 0 4 .7
97 .7
97 .4

■

1 0 1 .1
1 0 6 .9
1 0 3 .1
1 0 1 .5
9 6 .9
1 0 2 .1

Check Payments
Seasonally
Adjusted
M illion s
Index 1/
o f D ollars
B9.tt
99-2
1 1 1 .0
1 10.8
1 15.2
1 2 5 .0
144
139
126

144
137
133

1 0 3 .8

149

1 0 7 .6
1 0 7 .5

116

1 0 7 .8

1 0 4 .9
1 0 3 .7
1 0 3 .le

130
141
138
130
154

T o tal Loans
Season ally
Unadjusted
Adjusted
Index 4/
Index
93 -0
9 5 .7
1 1 1 .3
1 2 4 .6
1 2 8 .7
1 4 0 .3

126.8
1 27.1
12 4 .6
125.1
128.5
1 3 1 .3

1 4 0 .2
1 4 8 .8
1 4 3 .6
1 4 3 .6
1 5 0 .4
1 5 2 .4

1 4 2 .8
1 4 6 .5
1 3 9 .6
1 4 0 .9
1 4 8 .3
1 4 7 .6

1 30.3
1 3 0 .9
132.4
133.4
1 30.1
1 3 1 .7
1 3 1 .9e

1 4 3 .5
1 4 7 .4
1 4 5 .6
1 5 0 .5
1 4 9 .0
1 5 7 .5
4 5 7 .7

1 4 5 .7
1 5 3 .6
.1 5 0 .1
•151.8
1 5 1 .2
1 5 6 .1
1 6 1 .1

Demand D eposits o f
In d ivid u als , Bu sinesses
and Local Governments
Seasonally
Unadjusted
Adjusted
Index
Index 5/
9 2 .B
1 0 1 .0
1 0 6 .2

1 0 6 .4
1 1 0 .0
1 1 5 .2
1 1 2 .0
1 1 3 .4
U 9 .5
1 2 0 .7

1 1 3 .9
1 1 4 .9 .
1 1 6 .7
1 1 4 .2
1 1 6 .9

1 2 8 .0

1 1 9 .6

1 1 5 .6
1 1 4 .5
1 1 5 .9
115.11 1 4 .2

U 6 .7
1 1 8 .6
1 1 6 .2

1 1 6 .8

1 1 9 .1

U 7 .9

1 1 9 .8

1 1 9 .0

1 1 9 .2

1 1 7 .2

Production and Spending
S e a so n a lly A d justed
Three-Month Moving A v e ra g e s

1957-59=100

Fort Smith Metropolitan Area

Banking Activity
S e a so n a lly Adjusted

MANPOWER UTILIZATION
Total Employment
Seasonally
Annual
Averages
1957
1958
1959
I 960
1961
1962
1962
Ju ly
Aug.
Sept.
Oct.
Nov.
Dec.
1963
Jan.
Feb.

Thousands
o f Persons

Unenglgyment Rate

Adjust#!
Tnd«»Y

Per Cent

98.5
1 0 1 .7
9 9.8
95-8
1 0 0 .0
11 2 .4
35
35
35
32
33
33

32
33
Mar.
33
Apr.
33
May
33
Tune
33
Digitized
Ju for
ly FRASER
33

Seasonally
Adjusted
4 .8
5 .9
4 .8
6 .6
6 .3
4 .6

Unadjusted

Seasonally
Adjusted
3ti.if
38.5
39-6
39-4
39.9
3 9 .7

Industrial Use of
Electric Power
Department Store Sales
Seasonally
1y
Unadjusted

Adjusted
Index 4/
'" m o —
1 0 0 .0
1 1 2 .0
12 3 .5
146.6
219.5

11 7 .6
H 5 .5
11 3 .1
1 02.6
106.8
10 7 .3

4 .5
4 .2
3 .9
4 .4
4 .6
4 .6

4 .8
4 .7
5 .0
5 .2
4 .8
4 .2

3 9 .3
4 0 .3
4 0 .1
3 8 .9
4 0 .0
39-6

39-1
39 •!
39-1
38.3
4 0 .1
39.2

246.5
220.6
246.5
21 1 .8
206a
2Q5.7

234.5
230.6
219.4
214.0
208.7
213-2

1 0 8 .8

6 .0
4 .8
4 .6
4 .4
4 .4
4 .6
5 .0

4 .2
3 -9
4 .1
4 .6
5 .2
4 .8
5 .3

38 .2
39-2
3 9 .4
39 .6
4 0 .2
3 9 .4
n .a .

4 0 .7
39-2
39.8
4 0 .1
4 0 .5
39 .0
n .a .

1 8 8 .0
21 8 .9
2 1 3 .4
2 27.1
1 9 1 .9
241.4
232 -1

212.3
218.0
218.5
214.5
21 8 .0
219.2
231.7e

1 1 0 .7
1 0 8 .8
1 0 6 .6

10 6 .4
1 0 8 .7
1 1 1 .1



BANKING

PRODUCTION AND SPENDING
Average Hours Woxfced
(Manufacturing)

Unadjusted
Index

92 .1
I d .3
1 1 8 .0

104.2
13 8 .1
199.6
77.8
7 8 .7
97.5
1 0 8 .8

114.6
111.3
107.5

Adjusted
Index 1/
1 02.0
1 00.3
97.8
91.4
96 .9
107.6
10 5 .0
10 9 .7
107.3
108.5
104.1
11 0 .0
113.9
119.4
117.4
116.4
rL 9.5
123.9
127.5e

Total Loans 5/

Check Payments
M illions
o f Dollars

Seasonally
Adjusted
Index y
“ 95TB
98.7
105.5

Unadjusted
Index

1 0 5 .0

114.8
136.7

Seasonally
Adjusted
Index
95.6
9 6 .0
108.5
1 15.7
1 25.8
143-5

Bank Deposits 5/
Seasonally"
Adjusted
Index
9 3 .8 ”
100.5
1 05.7
10U.2
1 16.4
1 3 6 .2

Unadjusted
Index

90
87
87

135.3
135.3
13 4 .9
13 8 .0
142.2
14 5 .0

1 4 5 .2
1 4 7 .1
1 4 7 .2
1 5 0 .1
1 5 0 .4
1 5 2 .8

1 44.8
145.8
11*8.3
149.5
1 4 9 .2
1 51.6

1 39.2
1 42.1
1 3 5 .9
14 2 .9
1 44.8
14 7 .6

1 3 8 .0
1 42.1
1 3 9 .7
1 39.6
14 2 .6
1 4 2 .8

93
77
89
91
91
89
100

1U4.4
1 46.6
147.7
151.2
147.4
151.3
151.56

1 5 1 .7
1 5 2 .4
1 5 5 .7
1 5 9 .3
16 1 .4

153.1
1 5 5 .0
15 7 .8
1 6 1 .0
1 59.2
16 0 .6
1 6 1 .2

141.1
14 0 .2
1 4 2 .1
14 6 .6
147-0
1 5 0 .6
1 5 1 .3

1 4 1 .4
14 2 .1
14 4 .5
1 4 6 .8
1U8.1
1 5 2 .1
150.1

87
84
80

1 6 2 .8

16 1 .5

Chart vertical scales are about one-half the size of those*used for other areas.




CHECK PAXMEHTS IN THIRTEEN MEDIUM-SIZE CITIES

July 1963
(Dq millions)
Cepe Girardeau, Mo.

l/

July 1963
cospared with
June 1963
July 1962

25.5

+

El Dorado, Ark.

42.1

+ 15

+

Greenville, Miss.

44.7

- 2

+ 20

Hannibal, Mo.

20.1

+ 32

+ 19

Helena, Ark.

14.0

+

1

+ 16

Jackson, Tenn.

38.5

+ 10

+ 13

212.3

+ 6l

+

Jefferson City, Mo.

$

1

+ 15
1

7

Owensboro, Ky.

7^.5

+

1

+ 20

Paducah, Ky.

50.0

+

3

+ 21

Pine Bluff, Ark.

66.9

+ 15

+ 14

Quincy, H I .

64.9

+

7

+ 10

Sedalia, Mo.

28.8

+ 15

+ 19

Texarkana, Ark.

37.6

+

+ 20

6

1/ Debits to demand deposit accounts, except interbank and U.S. Government accounts.
Released August 28, 1963.
Monthly data for 1960-62 is available on request to the
Research Department, Federal Reserve Bank of St. Louis.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102