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f SELECTED ECONOMIC INDICATORS CENTRAL MISSISSIPPI VALLEY OCTOBER 1969 STATE ACTIVITY METROPOLITAN AREA ACTIVITY EIGHT AREA SUMMARY ST. LOUIS EVANSVILLE LOUISVILLE SPRINGFIELD, MO. MEMPHIS FORT SMITH LITTLE ROCK PINE BLUFF SUMMARY MISSISSIPPI ARKANSAS MISSOURI KENTUCKY TEN N ESS EE CHECK PAYMENTS 11 OTHER CITIES Prepared by Federal Reserve Bank of St. Louis Released: October 31,1969 The Data T h e s e d a ta a re p re s e n te d as an a id fo r th e a n a ly s is o f e c o n o m ic d e v e lo p m e n ts in th e C e n tr a l M is s is s ip p i V a lle y . T h e e m p h a s is is on e c o n o m ic a c t i v i t y in th e m e tr o p o lita n a re a s and f iv e s ta te s c o m p le te ly or p a r t i a l ly w it h in th e E ig h th F e d e ra l R e s e rv e D i s t r i c t . B e c a u s e o f th e c o m p l e x i t y o f th e e c o n o m ic p r o c e s s , a m o re m e a n in g fu l a n a ly s is c a n be m ade by c o n s id e r in g th e e n tir e s e t o f in d ic a to r s fo r a p a r t ic u la r a re a ra th e r th a n r e ly in g on a n y s in g le o n e . M o re o v e r, th e re m ay be t e c h n ic a l s h o rtc o m in g s in som e s e r ie s . A l l a re a d a ta are p re s e n te d in b o th u n a d ju s te d and ad ju s te d - fo r - s e a s o n a l- v a r ia tio n fo rm . In d e x n u m b e rs a re on a 1 9 5 7 -5 9 b a s e . In a d d itio n , in o rd e r to s m o o th e r r a tic f l u c tu a t io n s , th e in d e x o f c h e c k p a y m e n ts is an a v e ra g e o f th e in d e x e s fo r th re e m o n th s and is c e n te re d on th e m id d le m o n th . B a s ic e m p lo y m e n t d a ta a re d e v e lo p e d by th e r e s p e c tiv e S ta te E m p lo y m e n t S e c u r ity O ffic e s . T h e d a ta fo r to t a l lo a n s and to t a l d e p o s its o f m e m ber b a n k s a re a v e ra g e s o f d a ta fo r th e la s t W e d n e sd a y o f th e p re c e d in g m o n th , th e W ed n e s d a y p r e c e d in g th e 1 5 th o f th e c u r r e n t m o n th , and th e la s t W e d n e sd a y o f th e c u r re n t m o n th . C h e c k p a y m e n ts a re re p o rte d m o n th ly by a l l o r a s a m p le o f c o m m e rc ia l b a n k s in e a c h a re a . C h e c k p a y m e n ts are d e b its to dem and d e p o s it a c c o u n ts , e x c e p t in te r b a n k a n d U .S . G o v e rn m e n t a c c o u n ts , and th e in d e x is a ls o a d ju s te d fo r n u m b e r o f tra d in g d a y s in e a c h m o n th . T h e c o n s o lid a te d e m p lo y m e n t in d e x e s are b a s e d on c o m b in e d d a ta fro m th e m e tr o p o lita n a r e a s . T h e c o n s o lid a te d in d e x fo r c h e c k p a y m e n ts is b a sed on re p o rts fro m the 8 m e tr o p o lita n a re a s a n d 11 o th e r c e n te rs and in c lu d e s 138 re s p o n d e n t b a n k s . T h e c o n s o lid a te d b a n k in g in d e x e s in c lu d e a l l m e m b e r b a n k s in th e E ig h th F e d e r a l R e s e rv e D i s t r i c t . N a tio n a l d a ta a re fro m re p o rts o f th e D e p a rtm e n t o f L a b o r a n d th e B o a rd o f G o v e rn o rs o f th e F e d e r a l R e s e rv e S y s te m . B a s ic s ta te p e rs o n a l in c o m e fig u r e s a re o b ta in e d fro m B u s in e s s W e e k , and fa rm c a s h r e c e ip ts d a ta a re d e v e lo p e d by th e U . S. D e p a rtm e n t o f A g r ic u lt u r e . F o o tn o te s fo r c h a r ts : 3. 1. 2. A l l m e m ber b a n k s T h re e -m o n th m o v in g a v e ra g e s ( e x c e p t la t e s t m o n th , w h ic h is a tw o -m o n th a v e ra g e ) 4. A n n u a l fig u r e s a re t o t a ls fo r th e y e a r. a re c u m u la tiv e (y e a r to d a te ). M illio n s o f d o lla r s n .a . - N o t a v a ila b le Explanatory Comments Beginning with July 1969, loans are reported gross, rather than net of valuation reserves as done previously. M o n th ly fig u r e s Eight Central Mississippi Valley Metropolitan Areas BAMKIMG ACTIVm____________ MANPOWER UTILIZATION T o ta l P a y ro ll N onmanufacturing M anufacturing Rate Annual Average SPEMBXMG Unemployment Bank D eposits =? U nited Region S ta te s Check Payments & U nited Region S ta te s Region U nited S ta te s Region U nited S ta te s Region United S ta te s 1962 1963 1964 1965 1966 1967 1968 1 02.2 1 0 4 .9 1 0 8 .7 11 3 .3 119.5 1 2 3 .9 12 6 .6 1 0 5 .7 1 0 7 .9 11 1 .1 1 1 5 .8 1 2 1 .8 12 5 .4 1 29.2 1 04.7 107.5 1 11.8 1 16.6 1 22.6 1 27.1 1 30.3 1 07.6 1 10.3 11 4 .3 119*0 124.6 1 29.2 1 3 3 .9 97.0 99.7 102.6 106.6 113.2 117.4 119.2 1QL.5 102.5 104.1 108.8 115.8 117.2 119.1 5.2 4 .6 4 .0 3.6 3 .2 3 .3 3 .2 5.5 5 .7 5.2 4.5 3.8 3 .8 3 .6 131.6 146.1 164.3 185.7 204.1 219.5 237.5 131.9 146.8 164.9 188.3 211.1 224.2 245.1 115.5 122.1 132.0 140.9 148.3 161.2 174.5 120.1 129.0 138.1 150.3 161.0 173.6 189.5 124.1 140.1 152.2 172.5 192.3 210.8 232.8 131.9 143.6 155.7 174.4 199.0 217.3 252.4 1967 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 12 2 .8 12 3 .2 1 23.2 1 22.8 1 2 3 .3 1 23.6 12 3 .7 12 4 .3 124.5 12 4 .7 1 2 5 .0 12 5 .3 1 24.4 1 24.5 12 4 .6 1 2 4 .7 1 24.8 1 25.2 12 5 .3 12 5 .7 12 5 .7 1 25.8 12 6 .8 1 27.1 12 5 .7 1 2 6 .0 126.1 1 26.3 12 6 .7 12 7 .3 127.1 12 7 .3 1 28.2 1 2 8 .0 12 8 .3 128.5 1 27.3 127.5 12 7 .9 128.2 128.6 129.1 129.4 1 29.7 12 9 .9 130.2 13 1 .0 131.3 117.1 117.5 117.4 115.8 116.6 116.4 1 17.0 118.4 117.2 118.3 118.4 118.8 118.2 117.9 117.5 117.1 U 6 .7 116.7 116.3 117.1 116.5 116.5 117.8 118.0 3 .0 3 .0 3.1 3.5 3 .4 3.5 3.4 3.4 3 .4 3 .4 3 .3 3.3 3 .7 3 .7 3 .7 3.8 3 .9 3 .9 3 .9 3.8 4 .0 4 .2 3.8 3 .7 212.5 214.0 215.9 216.4 218.2 217.8 219.8 221.8 223.5 223.8 224.2 226.3 217.8 219.0 220.4 220.4 221.4 222.5 224.1 225.8 227.3 229.2 230.8 232.2 153.6 154.9 156.5 159.0 159.8 160.7 162.2 I63.O 164.6 166.1 166.7 167.7 164.1 166.1 168.0 170.0 170.6 172.8 175.1 176.4 177.9 179.8 180.0 181.9 205.3 205.9 206.8 206.6 206.3 205.9 210.9 215.0 215.7 212.7 214.1 217.8 206.7 206.6 209.1 209.9 213.3 216.0 221.2 223.4 224.5 224.8 225.8 228.8 1968 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 1 25.2 1 25.8 1 2 5 .9 1 2 6 .0 1 2 6 .4 1 26.4 126.8 127.5 1 27.1 126.8 127.8 12 7 .9 1 2 7 .0 1 2 7 .9 1 28.1 128.5 1 28.6 1 2 9 .I 1 29.4 12 9 .6 129.8 1 3 0 .3 13 0 .7 131.1 1 28.7 12 9 .7 1 29.7 1 29.8 13 0 .0 1 3 0 .0 1 30.4 1 31.1 130.5 1 31.1 13 1 .4 131.6 131.1 132.3 132.7 1 3 3 .0 133.1 133.7 1 3 4 .0 134.4 1 34.7 1 35.3 135.8 136.2 118.3 117.9 118.3 118.3 119.3 119.2 119.7 120.1 120.5 118.1 120.7 120.5 118.2 118.2 H 8 .3 118.7 118.9 119.2 119.3 H 9 .3 119.4 119.5 119.9 120.2 3 .3 3.1 3.2 3.3 3.3 3.3 . 3.3 3.2 3.2 3.1 3.2 3 .0 3 .6 3 .7 3 .7 3.5 3.6 3 .7 3.7 3.5 3 .6 3.6 3 .4 3 .3 229.4 230.4 231.5 234.2 236.3 235.9 236.5 237.8 239.0 243.9 246.8 248.4 234.3 235.6 236.0 238.3 240.6 242.2 245.2 248.3 250.9 253.7 256.0 259.8 169.5 170.5 171.5 171.2 172.2 173.1 174.3 176.0 176.7 178.2 180.2 181.1 182.5 183.4 184.6 184.2 185.8 187.5 188.9 191.7 193.5 195.0 197.4 199.8 221.9 220.6 223.5 225.1 226.4 226.0 232.9 239.8 241.0 241.2 244.3 249.5 231.7 234.1 237.4 241.2 247.6 251.9 255.7 258.7 262.8 266.1 269.3 273.0 1969 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. 129.6 1 29.1 129.8 129.® 129.1 129.5 1 29.9 12 9 .9 1 29.8 1 31.8 1 3 2 .3 13 2 .7 1 3 2 .9 1 3 3 .3 133.9 133.8 1 34.1 1 3 4 .0 133.1 13 3 .6 1 3 2 .9 1 3 3 .3 133.4 133.4 133 -1 1 3 3 .2 13 4 .0 1 3 7 .0 1 37.6 1 3 8 .0 1 38.3 13 8 .9 139 »3> 139.4 1 3 9 .4 139.5 122.5 120.2 123.4 122.8 120.7 121.7 123.4 123.2 121.4 120.5 120.9 121.2 121.2 121.2 121.7 12L.5 1 2 2 .6 122.2 2 .8 2 .8 2 .9 3 .0 3.2 3.6 3.5 3.5 3.5 3 .3 3 .3 3.4 3.5 3.5 3.4 3.6 3.5 4 .0 250.7 253.5 255.7 257.5 259.9 263.O 268.2 267.6 268.3 261.4 265.3 266.9 268.7 272.7 273.5 280.4 278.9 283.0 182.5 183.1 183.4 183.8 183.6 184.4 182.3 1 81.0 180.9 198.3 198.1 197.4 198.2 199.6 199.4 197.1 195.7 194.5 253.3 252.5 255.3 255.6 256.8 256.7 259.5 265.1 267.2 278.6 281.7 284.5 287.4 294.9 301.7 306.2 310.0 310.4 Region U nited S ta te s T o tal Loans =* U nited S ta te s Region Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted 1957-59=100 Total Payroll Eaployaeot 1957-59=100 1957-59=100 Total Loans Eight Central Mississippi Valley Metropolitan Areas 1957-59=100 340 Percentage Change Seasonally Adjusted Index Year Ending SEPTEMBER 1969 Area Summary U.S. 320 300 280 260 240 Total Payroll Employment +2.1 +3.2 Total Deposits +2.4 +0.5 +10.9 +18.1 Check Payments 220 200 180 Spending Seasonally Adjusted 160 1957-59=100 400 1957-59=100 400 Check Payments 240 360 360 220 320 320 200 280 180 240 280 U.S. 240 ___ ,__ METROPOLITAN4 AREAS 160 200 160 140 160 1967 1968 1969 1967 1968 1969 120 120 200 111111111M 1967 111 1 l l l l 1968 1 II 1 1 1 1 1 1 1 1 1 1 1... 1 2 0 1969 P re p a r e d by F e d e r a l R e se rv e B ank of St. Lo uis St. Louis Metropolitan Area MANPOWER UTILIZATION Annual A verages T o ta l Payroll. Employment S e a so n a lly Thousands A djusted o f Persons Index 1962 1963 1964 1965 1966 1967 1968 Nonmanufacturing Employment Seaso n ally Thousands A djusted o f Persons Index 9 9 .6 1 02.1 105.4 1 0 9 .3 1 1 5 .3 1 1 7 .9 1 19.4 SPENDING BANKING ACTIVITY M anufacturing Employment Seasonally A djusted Index Unemployment Rate S e asonally A djusted 102.7 105.4 109.1 113.7 120.2 123.1* 126.4 94.0 96.3 99.0 lOflL.7 107.4 108.4 107.3 5.4 4 .7 4 .0 3.5 3.3 3.4 3.5 T o ta l Loans -J ______ S easo n ally M illio n s A djusted o f D o lla rs Index Bank D eposits =f S easonally M illio n s A djusted o f D o lla rs Index 122.4 131.7 143.6 162.7 179.9 183.8 191.9 ________ Check Payments S easonally M illio n s A djusted , o f D ollars Index - 109.2 116.0 122.2 130.5 133.3 142.4 150.4 125.3 140.4 153.9 180.0 201.3 226.0 247.0 1967 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 862 860 866 871 876 891 883 877 889 886 887 893 H 7 .5 11 7 .8 11 7 .7 117.1 H 7 .7 118.1 1 17.6 1 1 8 .0 118.1* 118.5 118.1* 118.5 567 567 572 581 583 595 589 582 59* 591 593 597 122.3 122.6 122.7 123.0 123.2 123.7 123.3 123.3 124.5 124.0 124.3 124.2 109.2 109.3 108.9 106.8 108.1 108.2 107.7 106.8 107.8 106.9 106.1 108.6 2 .9 3 .0 3.2 3.6 3.5 3.5 3.6 3.7 3.5 3.5 3.5 3.5 2,042 2,002 2,003 2,009 2,044 2,043 2,078 2,093 2,130 2,115 2,085 2,101 180.4 181.1 181.6 181.6 184.4 182.8 183.4 184.1 1 87.0 187.2 186.2 186.2 3,331 3,253 3,270 3,296 3,331 3 ,3 i*l 3,366 3,35** 3,*25 3,^92 3,53*. 3,586 137.1 138.0 139.7 140.8 141.8 142.0 141.9 142.8 144.2 146.0 147.1 147.3 7,669 6,165 7,597 6,979 7,255 7,768 6,901 7,372 7,212 7,524 7,216 8,049 217.1 218.3 221.4 221.8 222.4 217.5 224.9 231.3 234.2 231.4 231.9 233.6 1968 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 867 863 874 886 887 900 900 895 900 899 900 906 11 8 .3 11 8 .3 11 8 .6 1 1 9 .0 119.1 11 9 .2 3JL9.9 12 0 .3 1 1 9 .9 1 20.3 1 2 0 .0 1 20.1 578 579 585 595 596 604 605 603 605 607 609 6 l4 124.6 125.2 125.4 125.7 125.9 125.7 126.7 127.6 126.8 127.4 127.6 127.8 107.3 106.3 106.8 107.4 107.3 107.9 108.0 107-6 107.9 107.9 106.9 106.6 3.6 3.2 3.5 3.5 3.5 3.6 3.4 3.5 3.5 3.5 3.5 3.2 2,137 2,091 2,088 2,118 2,130 2,134 2,144 2,152 2 ,l6 l 2,194 2,216 2,274 188.8 I89.O 189.1 191.0 191.8 190.8 189.4 189.9 190.1 194.2 197.8 201.0 3,621 3,527 3,450 3,485 3,480 3,513 3,553 3,584 3,630 3,714 3,810 148.9 1 4 9 .i* 148.7 147.5 148.3 148.2 148.7 151.2 151.1 152.1 154.4 156.1 8,235 6,898 7,299 7,798 7,952 7,706 3,180 7,761 8,101 8,777 8,208 9,621 233.7 228.7 230.9 233.7 237.2 238.2 245.0 254.0 260.2 264.3 268.0 273.0 3.969 Jan . Ftob. Mar. Apr. May June J u ly Aug. S e p t. 892 878 895 905 895 906 903 899 909 1 2 1 .7 12 0 .3 121.5 12 1 .5 120.2 120 X) 120.3 1 2 0 .9 1 2 1 .0 600 602 603 612 61% 618 £09 604 617 129.5 1 29.9 129-0 129.3 129.7 128.5 127.6 127.7 129.3 106.2 103.5 108.3 107.9 103.8 105.1 107.5 109.0 106.5 3.1 2 .9 3.1 3.1 3-5 4 .0 3.8 3.9 3.8 2,33* 2,301 2,285 2,296 2,324 2,369 2,432 2,419 2,403 206.2 207.8 206.7 206.8 209.0 211.6 214.8 213.6 211.6 3,882 3,696 3,596 3,602 3,624 3,558 3,539 3,466 3,463 159.5 156.5 153.6 154.0 154.0 151.7 290.1 147.3 146.0 9,686 7,763 8,841 8,944 8,562 9,206 9,170 8,229 9,299 272.6 271.1 271.9 271,1 269.7 269.O 274.2 263.7 287.6 IW Z Manpower Utilization Banking Activity St. Louis Prep ar ed by Fe de ral Reserve Bank of St. Louis Louisville Metropolitan Area BANKING ACTIVITY MANPOWER UTILIZATION Annual Averages Tfctal P a y ro ll Employment S e a so n a lly Thousands A djusted o f Persons Index 1962 1963 1964 1965 1966 1967 1966 Nonmanufacturing Employment Seasonally Thousands A djusted o f Persons Index 1 0 1 .0 103.5 1 0 7 .0 111.5 1 16.2 12 2 .7 1 2 8 .0 M anufacturing Employment Seasonally A djusted Index Unemployment Rate Seasons Adjusl 104.4 106.7 110.4 114.3 118.2 123.5 127.9 95.2 98.1 101.2 106.4 112.8 121.2 128.2 5.* 4 .8 4 .1 3.5 3 .0 3 .0 2 .6 T o tal Loans S easonally A djusted Index M illio n s o f D o lla rs SPENDING Bank D eposits ^ S easonally A djusted Index M illio n s o f D ollars 120.4 133.1 1**8.6 169.7 191.1 206.4 228.2 Check Payments S easo n ally A djusted Index 2/ M illio n s o f D ollars 111.6 116.6 123.1 134.2 141.0 154.3 171.0 111.0 126.2 140.0 156.1 173.3 181.8 205.5 1967 Jan. Feb. Mar. Apr. May June Ju ly Aug. Sept O ct. Nov. Dec. 288 288 289 293 298 300 300 301 302 302 308 310 1 2 0 .3 12 1 .0 121.2 1 2 1 .3 1 2 2 .0 122.4 12 3 .0 12 3 .3 1 23.2 1 2 3 .9 125.2 1 25.3 182 182 184 189 193 19* 193 193 194 193 194 196 121.3 121.7 122.0 122.7 123.2 123.5 123.8 124.1 124.7 124.5 125.0 1 25.9 118.8 119.8 119.9 118.8 120.0 120.6 121.7 121.8 120.6 122.9 125.6 124.3 2 .8 2.8 3 .0 3.* 3.2 3-1 2 .9 2 .8 2 .9 2 .9 2 .9 2.7 606 589 590 590 591 593 606 601 603 614 621 654 198.6 200.0 206.5 205.9 206.0 204.4 205.3 205.9 207.4 208.8 211.9 215.6 1,022 1,003 992 995 1,024 1,036 1,050 1,040 1,068 1,080 1,095 1,156 141.3 145.8 148.3 150.5 153.3 154.3 155.1 156.8 159.5 160.5 162.5 163.7 1,788 1,497 1,673 1,550 1,742 1,817 1,770 1,7*6 1,708 1,781 1,7*3 1,921 174.2 173.2 174.3 175.5 181.3 183.7 185.0 187.0 186.4 185.5 185.8 190.5 1968 Jan. Feb. Mar. Apr. May June Ju ly Aug. S e p t. O ct. Nov. Dec. 299 3Q1 302 305 312 31* 313 317 318 304 323 325 12 5 .3 126.5 126.8 12 6 .2 1 27.8 128.2 1 28.3 1 29.7 129.8 1 2 5 .0 131.4 1 3 1 .0 189 190 192 196 199 201 199 201 200 200 202 202 125.7 126.9 126.9 127.2 127.4 1 28.0 127.4 128.9 128.4 129.2 130.0 129.3 124.7 125.9 126.7 124.3 128.5 128.7 130.0 131.3 132.2 117.9 134.0 133.9 2 .6 2.5 2.5 2.8 2 .7 2 .7 2 .8 2.8 2 .7 2.4 2.4 2 .3 667 640 615 629 649 654 677 680 673 699 709 742 218.3 217.5 215.5 219.0 225.9 225.6 229.5 233.5 230.1 238.5 241.6 243.9 1,180 1,138 1,108 1,097 1,125 1,128 1,148 1,158 1,156 1,184 1,202 1 ,3 0 0 163.7 165.4 166.0 166.1 167.8 168.0 169.9 174.0 172.8 175.9 178.2 184.3 2,101 1,783 1,753 1,855 1,9*2 1,846 2,176 1,937 1,894 2,07* 1,9*2 2,315 197.1 196.9 196.3 196.0 200.6 206.5 209.6 209.9 208.9 209.3 214.5 216.3 1969 Jan. Fob. Mar. A pr. May June J u ly Aug. S e p t. 316 319 323 327 330 33* 337 33* 33* 132.4 13 3 .6 13 5 .4 1 3 5 .3 1 35.3 1 36.4 1 37.8 136.4 136.4 194 196 199 20* 207 211 212 212 212 129.3 130.7 131.8 132.5 I3 2 .4 1 3 * .l 135.7 136.0 136.3 137.8 138.7 141.6 140.3 1*0.3 1*0.3 141.6 137.3 136.7 2 .3 2 .3 2.1 2 .2 2 .6 3 .0 3.1 3.1 3.4 737 711 712 728 736 759 786 778 780 241.1 241.6 249.2 252.7 256.0 261.9 266.3 267.0 266.8 1,309 1,227 1,214 1,226 1,235 1,239 1,247 1,230 1,225 181.6 178.4 181.7 185.5 183.8 18*. 5 184.7 184.5 183.1 2,296 1,93* 2,042 2,096 2,152 2,306 2,350 2,089 2,160 221.7 221.0 224.0 226.2 232.5 236.5 236.2 234.0 232.3 Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted 1957-59=100 Total Payroll Employment 1957-59=100 1957-59=100 Total Loans Louisville Metropolitan Area 1957-59=100 340 Percentage Change Seasonally Adjusted Index Year Ending SEPTEMBER 1969 320 300 Louisville 280 260 240 U.S. Total Payroll Employment +5.1 +3.2 Total Deposits +6.0 +0.5 Check Payments +11.2 +18.1 220 200 180 Spending Season ally Adjusted 160 1957-59=100 400 Check Payments 1957-59=100 400 240 360 360 220 320 320 200 280 U.S. 280 ^ 180 240 160 200 240 -- ---- ^ j— “ 200 LOUISVILLE 140 160 120 120 160 1 1 1 1 < 1 1 1 1 ■' 1967 I I 1i I 1 i i 1968 1i i ■1 1 l 1 1 1 l 1 1 1 1969 Prep ared by F ed era l Reserve Bank of St. Louis 120 Memphis Metropolitan Area HAWKING ACTIVITY__________ _________ MANPOWER UTILIZATION Annual Average® T o ta l P a y ro ll Employment S e a so n a lly Thousands A djusted o f Persons1 Index 1962 1963 1964 1965 1966 1967 1966 NonnanufactufcLng Employment S easo n ally Thousands A djusted o f P ersons Index 10 6 .1 1 0 9 .4 1 1 3 .0 H 7 .7 1 2 5 .3 13 1 .3 1 3 5 .6 M anufacturing Employment S easo n ally A djusted Index UbeiQloyment Rate S e a so n a lly A djusted 106.6 110.4 114.2 119*2 1 25.9 131.8 135.8 104.4 106.3 108.9 112.6 123.3 129.9 135.1 4 .4 4 .0 4 .0 3 .7 2 .9 3 .1 3*0 T o ta l Loans i / S e a so n a lly M illio n s A djusted o f D o lla rs Index Bank D eposits i / S e a so n a lly M illio n s A djusted Index o f D o lla rs ____________ SPENDING Check Payments S easo n ally A djusted . M illio n s o f D o lla rs Index y 128.8 1 50.9 160.1 170.3 189.3 1 99.9 223.9 129.9 144.5 167.3 171.6 177.8 197.3 212.0 1 3 7 .9 157.2 1 8 4 .0 194.5 204.0 219.8 240.2 1967 Jan. Feb. Mar. A pr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 243 243 246 247 247 248 250 253 256 255 256 257 1 30.1 1 30.5 1 3 1 .0 1 3 0 .6 13 0 .1 129*6 1 3 0 .7 1 3 2 .3 1 32.5 1 3 2 .6 1 3 2 .8 13 3 .1 187 186 189 189 191 193 194 194 197 197 198 199 1 30.0 130.3 130.8 130.6 1 30.9 131.8 131.7 1 31.9 1 32.9 13 3 .0 133.5 133.6 130.2 131.4 131.4 130.7 127.5 122.3 127.3 133.6 131.1 131*1 130.5 131.4 2 .7 2 .7 2 .8 2 .7 3 .0 3 .7 3 .3 3 .2 3.5 3 .2 3.1 2 .9 823 814 806 792 785 781 793815 813 817 848 885 215.3 218.5 218.6 217.0 217.3 214.3 218.0 223.9 223.9 220.9 222.3 228.1 1,235 1,201 1,218 1,223 1,220 1 ,2 5 0 1,275 1,268 1,305 1,3 5 0 1,372 1,365 186.8 188.4 192.1 193.4 196.1 197.2 199.4 200.3 202.1 204.5 204.4 203.1 1 ,969 1,565 1,711 1,625 1 ,659 1,707 1,653 1,748 1 ,650 1,875 1,973 2,040 204.7 204.8 200.4 197.7 1 9 9 .0 197.4 200.7 202.6 196.2 189.1 193.3 204.0 1966 Jem. Feb. Mar. A pr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 250 251 253 254 257 259 259 260 261 262 265 266 1 3 3 .7 1 3 4 .6 1 3 4 .6 1 3 4 .6 1 3 5 .8 1 3 5 .6 1 3 5 .7 1 3 5 .8 13 5 .5 13 6 .4 1 3 7 .0 1 3 7 .7 193 193 195 195 198 199 199 200 201 201 203 205 134.2 135.4 135.3 13 5 .0 135.8 1 35.7 135.5 1 3 6 .0 135.4 136.3 136.8 137.6 132.3 13 2 .0 132.3 133.2 135.7 1 3 5 .0 136.4 135.5 135.7 136.8 137.7 138.2 3*1 3*2 3 .0 3.1 3 .0 3 .0 3.1 3.2 3.1 2 .9 2 .8 2 .7 901 882 890 898 896 885 876 859 859 887 926 916 233.9 235.8 240.3 245.8 248.1 242.9 241.5 236.5 236.9 240.8 243.1 236.9 1,362 1 ,339 1 ,324 1,326 1,351 1 ,3 3 9 1,338 1,345 1,365 1,397 1 ,4 5 0 1 ,4 8 0 206.0 209*6 208.8 209.6 216.8 211.0 209.3 212.2 211.7 212.4 216.3 219*8 2,031 1,808 2,000 1,932 1,965 1,774 2,023 1,971 1,885 2,109 2 ,0 4 l 2,256 218.5 227.0 233.2 234.9 226.2 225.9 228.1 233.0 221.9 208.3 209.5 222.0 1969 Jan. Feb. Mar. A pr. May June J u ly Aug. S e p t. 260 261 261 264 264 268 268 268 268 1 3 9 .3 1 4 0 .0 1 3 8 .9 1 39.8 13 9 .3 14 0 .3 1 4 0 .6 140.3 1 3 8 .9 200 200 201 202 203 206 207 207 207 139.4 139.8 138.8 139.9 139.2 140.3 140.6 140.7 139.7 138.6 140.7 1 3 9 .1 139.3 139.5 140.0 140.5 138.9 136.4 2 .6 2 .3 2 .7 2 .7 2 .9 3.1 3 .0 3 .0 3 .0 915 912 908 909 915 919 919 915 915 236.6 243.3 244.7 248.7 253.2 252.0 253.5 251.8 252.2 1,463 1,375 1,376 1,383 i,3 8 l 1,358 1,344 1,342 1,346 221.3 214.9 217.0 218.3 221.4 213.8 210.3 211.4 208.6 2,236 1 ,879 2,039 2,210 2,101 2,157 2,167 1,992 2,139 237.4 240.7 249.6 255.0 257.8 254.5 249.6 251.7 252.2 Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted 1957-59=100 Total Payroll Employment 1957-59=100 1957-59=100 Total Loans Memphis Metropolitan Area 1957-59=100 340 Percentage Change Seasonally Adjusted Index 320 300 Year Ending SEPTEMBER 1969 280 Memphis 260 240 Total Payroll Employment U.S. +2.5 +3.2 Total Deposits —0.1 +0.5 Check Payments +13.7 +18.1 220 200 180 Spending Seasonally Adjusted 160 1957-59=100 400 Check Payments 1957-59=100 400 240 360 360 220 320 320 200 280 280 U.S. 180 240 160 200 240 j ---- A 200 MEM PHIS 140 160 1967 1968 1969 1967 1968 1969 120 120 160 - L 1 .1 - U 1 1 1 1 1 1 1967 M 1 1 11 1 1 1 1 1 1968 1 11 J 1 1J I 1 1 1 1969 Prep ar ed by F ed era l Reserve Bank of St. Louis 120 Little Rock Metropolitan Area Annual Averages T o ta l P a y ro ll Employment S e a so n a lly Thousemds A d ju sted o f Persons Index 1962 1963 1964 1965 1966 1967 1968 Nonmanufacturing Employment S easonally Thousands A djusted o f Persons Index 1 1 3 .0 11 9 .2 12 4 .2 130.5 1 37.4 1 4 1 .0 14 3 .1 SPENDING BANKING ACTIVITY MANPOWER UTILIZATION M anufacturing Employment S easonally A djusted Index Unemployment Rate S easonally A djusted 112.5 118.6 123.1 129.1 135.6 139.2 141.0 114.8 121.2 128.5 135.7 143.9 147-9 151.2 3 .7 3-3 3 .0 2 .8 2.5 2 .8 2-7 T o ta l Loans ^ S easo n ally A djusted Index M illio n s o f D o lla rs Bank D eposits ^ S easo n ally A djusted Index M illio n s o f D o lla rs 167.0 192.6 221.7 259.0 282.7 299.2 318.3 Check Payments S e asonally A djusted , Index M illio n s o f D o lla rs 126.3 136.8 146.7 160.7 173.5 186.1 200.0 128.3 157.7 164.1 183.4 206.3 214.3 239.1 1967 Feb. Mar. A pr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 112 112 113 114 114 117 116 117 118 117 117 118 J a n .1 39.6 140.2 1 40.1 14 0 .4 1 40.2 1 40.4 1 39.8 1 41.2 141.8 14 2 .2 14 2 .4 14 3 .2 88 88 89 90 90 92 92 93 93 92 92 93 138.2 138.6 138.2 138.6 138.6 138.9 137.7 139.4 140.1 140.5 140.4 141.1 145.3 146.6 147.8 147.6 146.4 146.6 148.1 148.0 148.1 148.7 150.2 151.1 2.6 2 .7 2.6 3.0 2 .9 3.0 2.8 2 .8 2 .6 2 .7 2.8 2 .8 250 250 249 251 258 259 257 258 257 260 258 256 290.3 295.2 296.8 296.2 301.9 302.2 300.5 300.4 302.2 304.1 302.0 299.1 418 409 411 422 421 426 431 430 430 440 446 443 178.2 180.0 181.6 184.1 185.5 186.9 187.5 188.2 188.9 191.1 191.2 189.5 543 459 527 473 532 529 516 527 481 555 544 551 210.6 210.6 210.3 207.3 211.0 212.8 217.4 216.8 218.0 216.3 218.6 219.3 1968 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 113 115 116 116 116 119 120 120 118 117 117 117 1 42.1 14 4 .4 1 43.8 1 43.1 1 42.8 14 3 .6 1 4 4 .0 1 4 4 .0 14 2 .6 1 4 2 .4 14 2 .4 1 4 1 .9 89 90 91 91 91 94 95 94 93 92 92 92 139.7 142.6 141.9 141.2 140.4 141.3 141.8 141.9 140.6 140.5 140.3 139.9 151.3 151.7 151.3 150.3 152.2 152.6 152.6 152.1 150.3 149.8 150.5 149.7 2 .8 2 .6 2 .9 2 .8 2 .8 2 .5 2 .5 2 .4 2 .4 2 .6 2 .8 2 .9 263 260 258 264 265 269 270 276 274 282 286 292 305.5 307.0 307.2 310.4 310.4 313.5 316.3 321.5 323.3 329.6 334.5 340.3 450 441 439 440 442 444 456 464 464 474 485 509 192.2 193.9 194.1 192.2 194.9 195.3 198.5 202.6 204.0 206.1 208.0 218.2 601 500 542 598 588 520 615 569 632 632 561 634 223.4 226.2 235.7 235.6 234.8 230.7 237.9 254.0 255.3 250.5 241.3 246.0 1969 Jem. Feb. Mar. Apr. May June J u ly Aug. 116 116 H7 117 118 122 122 122 1 45.1 1 4 5 .0 1 44.5 14 4 .9 145.5 146.7 1 46.8 1 4 5 .9 91 91 91 91 92 94 95 94 143.2 142.9 141.0 141.2 141.3 142.2 141.6 140.8 152.3 153.4 158.4 159.0 162.1 164.7 166.9 165.8 2 .1 2 .4 2.5 2 .6 2 .3 2 .3 2.5 2.5 294 283 287 294 299 302 313 312 342.8 334.1 342.7 347.2 350.7 352.9 367.6 364.4 502 471 467 474 474 466 470 471 215.2 207.8 207.1 207.3 209.4 206.0 204.9 206.6 697 558 563 645 581 652 666 619 255.1 251.8 254.6 247.7 258.1 257.7 268.9 268.7 Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted 1957-59=100 Total Payroll Employment 1957-59=100 1957-59=100 Total Loans Little Rock Metropolitan Area 1957-59=100 380 Percentage Change Seasonally Adjusted Index 360 340 Year Ending SEPTEMBER 1969 320 Little Rock U.S. 300 Total Payroll Employment +2.6 +3.2 Total Deposits +2.6 +0.5 +10.0 +18.1 280 Check Payments 260 240 220 Spending Seasonally Adjusted 200 1957-59=100 400 Check Payments 1957-59=100 400 240 360 360 220 320 320 200 280 280 U .S. 180 240 240 LITTLE ROCK 160 200 200 160 140 160 1967 1968 1969 1967 1968 1969 120 120 1111111111 1 l l 1l 11l i 1l l l l 1i i 1l i 1l 1 1967 1968 1969 P rep ar ed by Fede ra l Reserve Bank of St. Louis 120 Evansville Metropolitan Area BANKING ACTIVITY MANPOWER UTILIZATION Annual Averages T otal P a y ro ll Employment S easo n ally Thousands A djusted o f Persons Index 1962 1963 1964 196? i960 1967 1968 Nonmanufacturing Employment Seasonally Thousands A djusted o f Persons Index 97.1 1 01.3 107.1 111.8 1 17.9 1 20.6 122.7 M anufacturing Employment Seasonally Adjusted Index UnemploymE Rate Seasonally A djusted 102.2 106.0 112.0 114.9 118.4 121.2 125.7 89.5 94.3 99-8 107.1 117.0 119.7 118.2 4 .9 4 .0 3-6 3.5 2 .9 30 3.3 1967 Ja .\. Feb. Mar. Apr. May June July Aug. S e p t. O ct. Nov. Dec. 83 82 83 8? 84 86 87 86 86 86 86 87 120.1 119.2 119.1 117.4 1 18.9 120.3 1 21.9 12 1 .9 121.6 121.6 122.3 1 22.9 50 50 50 -9 50 52 52 53 52 53 >3 53 120.3 120.3 119.4 117.3 119.1 120.6 122.2 122.2 122.7 122.9 123.2 123.9 119.6 117.5 118.6 117.5 118.6 120.0 121.4 121.4 120.0 119.6 121.1 121.4 3-4 3.2 3.6 4 .0 196:* Jan . Feb. Mar. Apr. May June Ju ly Aug. S e p t. O ct. Nov. Dec. 85 86 86 87 87 85 83 87 87 87 86 87 1 2 3 .0 124.3 12 3 .9 12 3 .9 1 23.3 11 9 .9 120.2 12 2 .6 1 22.6 1 2 2 .9 122.5 1 22.9 51 52 52 53 53 54 54 54 54 54 54 54 123.9 125.1 126.0 126.0 126.2 1 26.0 126.5 125.5 125.8 125.5 125.8 125.8 1969 Jan. Feb. Mar. Apr. May June Ju ly Aug. S ep t. 86 86 86 86 87 88 86 88 87 1 2 4 .0 12 4 .3 123.8 1 22.6 122.9 123.5 123.6 124.2 123.2 52 52 52 53 53 54 54 55 54 126.7 126.2 125.3 125.1 125.5 126.5 126.2 T o ta l Loans ^ ^Seasonally M illio n s A djusted o f D o lla rs Index SPENDING Bank D eposits ^ SeasonallyM illio n s A djusted o f D ollars Index 123.8 13*.3 153.6 173.1 190.2 207.2 219.4 Check Payments S easonally M illio n s A djusted . o f D olla: ■a Index 2/ 120.9 127.9 138.9 146.9 160.7 174.9 192.8 112.9 119.7 131.2 150.2 161.7 179.9 191.5 3.5 3.2 3.4 3.4 3.4 3-0 3.1 191 191 192 197 203 206 207 210 210 208 210 210 196.6 199.0 199.3 202.1 205.5 208.9 209.8 212.3 212.8 212.9 213.0 213.9 292 286 28^ 301 307 311 316 314 315 319 327 330 16*+.-. 164.3 165.9 170.6 171.9 174.4 176.8 179.6 130.2 182.7 184.0 I6 3 .8 40*t 35? 3«? 33" 366 398 39'386 360 -0? 39? 339 176.9 174.8 178.8 175-6 176.6 177.1 178.6 182.6 186.0 185.6 185.6 181.1 121.8 123.2 120.7 120.7 118.9 110.7 110.7 118.2 117.9 118.9 117.5 118.6 3.3 3.2 3.3 3.1 3.2 4.1 3.6 3.1 3.2 3.2 3.5 3.2 205 201 204 203 213 212 215 220 225 226 225 224 211.8 209.3 211.7 213-4 215.1 214.4 217.6 223.4 228.3 231.6 227.5 227.8 331 326 332 33', 342 33':’ 341 337 342 346 355 364 136.1 137.6 190.3 190.C 190.9 139-0 191.1 192.3 195.8 197.7 199.8 202.7 447 362 387 40.) 407 3ow 80.) 37L 399 461 393 *10 182.6 183.2 190.6 190.1 186.1 191.3 189.8 199.1 198.8 201.4 197.4 189.4 120.0 121.4 121.4 118.9 118.9 121.8 120.7 120.7 118.6 3.1 3.4 3.3 3.4 3-5 3.8 3.6 3.5 3.7 224 228 232 234 238 240 ?46 238 241 231.1 237.9 241.8 240.3 239.5 242.9 249.3 239.6 243.8 368 350 352 356 360 365 365 357 361 206.6 201.8 201.7 201.5 200.S 205.2 204.6 203.6 206..+ 484 356 39* 431 404 417 435 38* 427 189.9 189.9 197.3 198.5 197.0 196.3 194.9 204.1 202.4 4.2 Manpower Utilization Seasonally Adjusted 1957-59=100 Total Payroll Employment Evansville Metropolitan Area Banking Activity Seasonally Adjusted 1957-59=100 1957-59=100 Total Loans 1957-59=100 340 Percentage Change Seasonally Adjusted Index 320 300 Year Ending SEPTEMBER 1969 280 Evansville 260 240 U.S. Total Payroll Employment +0.5 +3.2 Total Deposits +5.4 +0.5 Check Payments +1.8 +18.1 220 200 180 Spending Seasonally Adjusted 160 1957-59=100 400 Check Payments 1957-59=100 400 240 360 360 220 320 320 200 280 U.S. 180 240 280 / 240 ____ EVANSVILLE _ 160 200 200 160 140 160 120 120 1 1 1 1 1 1 1 1 1 1 1 ,1.1.1 J .1.1,1.1,1,1 1 1967 1968 111 111111 11 1969 Prep ar ed by F ed e ra l Reserve Bank of St. Louis 120 Springfield Metropolitan Area Annual Averages T otal P a y ro ll Employment S easo n ally Thousands A djusted o f Persons Index 1962 1963 1964 1965 1966 1967 1968 MANPOWER UTILIZATION M anufacturing Nonmanufactur ing Employment Employment Seasonally Seasonally A djusted A djusted Thousands Index o f Persons Index 1 10.6 11 0 .3 115.1 1 20.7 1 26.2 1 32.6 140.4 Si’ENDING BANKING ACTIVITY Unemployment Rate Seasonally A djusted 107.3 105.9 111.0 116.5 120.5 126.6 129.4 121.0 124.6 128.3 134.5 144.7 152.2 175.9 5-3 4.5 3.6 3-7 3.2 3.3 2 .9 T o tal Loans - / Seasonally A djusted Index M illio n s o f D o lla rs Bank D eposits ^ Seasonally A djusted Index M illio n s o f D o llars 142.1 158.4 174.4 190.3 210.0 254.5 306.5 Check Payments S easonally M in io n s A djusted . o f D ollars Index y 125.0 134.1 146.3 166.3 179-8 201.6 248.7 n 8 .5 128.2 140.5 152.3 160.1 184.7 217.9 1967 Jan. Feb. Mar. Apr. May June Ju ly Aug. S e p t. O ct. Nov. Dec. 48 48 49 49 49 50 50 50 50 51 50 52 129.5 1 3 1 .0 1 3 1 .0 1 2 9 .9 131.1 1 32.4 133.4 133.8 1 3 4 .0 134.5 1 33.7 1 3 7 .0 35 35 35 36 36 36 37 36 37 37 37 37 123.8 125.0 125.2 125.1 125.8 126.9 127.6 127.0 127.6 127.9 128.1 128.7 148.3 150.4 149.8 145.5 148.2 150.0 152.4 155.7 154.4 155.8 151.8 163.9 3 .0 2 .8 3.1 3.2 3.7 3.6 3.2 3.2 3.3 3.5 3 .3 3.1 46 45 47 50 53 53 59 58 56 56 53 55 218.9 225.7 231.6 242.7 252.4 255.8 281.6 283.0 268.9 266.5 255-3 271.8 93 88 87 90 92 98 102 104 109 no no n2 165.3 166.5 166.6 171.6 178.2 185.3 189.8 193.3 198.3 199.1 200.1 202.8 241 179 208 189 216 220 216 238 233 240 235 238 197.4 196.1 188.9 191.2 193.9 195.2 197.1 201.9 207.7 211.5 214.7 227.2 1968 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 51 51 51 52 53 52 52 53 53 5** 55 55 1 37.8 13 7 .9 138.2 1 39.4 1 39.6 1 3 8 .9 138.5 1 40.2 1 41.2 1 43.6 1 4 4 .9 1 4 4 .7 36 36 37 37 37 37 36 37 37 38 38 38 1 29.0 129.4 129.0 129.5 128.9 128.3 127.5 128.5 128.7 130.3 131.8 132.4 166.2 165.4 168.0 171.5 174.2 173.3 174.3 178.1 181.6 186.7 187.5 184.4 2 .9 2 .8 2 .9 2 .8 2 .8 3 .0 3.7 2 .9 2 .8 2.5 2 .6 2.5 56 57 59 60 62 62 64 66 66 69 69 68 265.0 288.3 289.8 292.7 296.6 299.5 306.8 319.9 320.9 331.1 333.0 334.0 in n3 n6 n4 n3 113 n6 n9 120 123 125 126 197.5 215.4 220.6 218.3 218.0 214.3 215.1 220.3 219.1 222.4 226.6 227.4 285 242 239 283 271 255 293 272 279 298 264 300 237.9 240.2 246.9 246.3 251.6 245.1 243.6 243.9 247.3 250.9 259.0 260.7 1969 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. 5* 53 53 53 53 54 53 54 55 145.5 1 45.1 1 4 1 .9 141.5 1 41.7 1 44.6 142.5 14 4 .3 1 4 6 .0 38 37 38 3§ 38 39 38 38 39 133.5 133.5 133.1 132.6 132.7 135.3 1 3 2 .5 133.4 134.6 184.2 182.5 170.2 170.3 170.8 174.8 1 74,7 179.2 182.8 2 .4 2 .2 2 .2 3 .9 3.6 4 .1 4 .0 4.3 3.1 68 69 70 72 71 73 76 78 80 321.4 351.0 346.1 346.6 341.7 359.2 363.1 374.8 385.4 188 122 122 123 124 124 126 226.8 233.1 231.2 235.5 238.9 234.2 234.0 307 242 270 282 268 296 318 263.O 259.9 261.1 259-1 262.5 262.7 264.7 126 234.0 289 266.6 128 232.4 314 267.8 Manpower Utilization Seasonally Adjusted -59=100 Toll! Payroll Eeplofoent Banking Activity Springfield Metropolitan Area Seasonally Adjusted 1957-59=100 1957-59=100 Total L o u s 1957-59=100 154 400 150 380 146 360 142 340 138 320 Total Payroll Employment +3.4 +3.2 134 300 Total Deposits +6.1 +0.5 130 280 Check Payments +8.3 +18.1 126 260 122 240 118 220 114 Percentage Change Seasonally Adjusted Index Year Ending SEPTEMBER 1969 Springfield U.S. Spending Seasonally Adjusted 1957-59=100 400 1957-59=100 400 Ckeck Payments 280 360 360 10 260 320 320 8 240 280 6 220 240 4 200 200 2 180 160 0 160 120 110 Per i U.S. ____ / 280 240 SPRINGFIELD — — ---- 200 160 1.1.1 1 1.1 1 1,1,11 II 1 l 11 » l 1 l l i i 1i i 1i i 1I l 1967 1968 1969 P r e p a r e d by F e d e r a l R e s e rv e B ank of St. Lo u is 120 Fort Smith Metropolitan Area MANPOWER UTILIZATION A nnual A verages T o t a l P a y r o ll Employment S e a s o n a lly T housands A d ju s te d o f P e rs o n s In d e x 1962 1963 1964 1965 1966 1967 1968 1967 Jan* F eb . M ar. A pr. May Ju n e J u ly Aug. S e p t. O ct. Nov. D ec. N o n m an u fac tu rin g Employment S e a s o n a lly T housands A d ju s te d o f P e rs o n s Index 118.1 12 6 .0 129.2 13 2 .9 139.2 142.8 143-3 BANKING ACTIVITY___________________ M an u factu rin g Employment S e a s o n a lly A d ju s te d In d ex Unemployment R ate Season* A djust 114.7 121.2 124.7 126.7 133.5 135.1 132.0 135.7 137.1 139.6 147.2 152.3 160.7 169.4 6 .3 6 .9 6 .3 6 .8 6 .1 5 .2 5 .0 T o t a l Loans i / S e a s o n a lly A d ju s te d In d ex M illio n s o f D o lla r s Bank D e p o s its i / S easonany A d ju s te d In d ex M illio n s o f D o lla r s 142.8 160.7 180.4 200.4 208.4 206.3 213.8 40 40 41 42 42 42 43 *3 43 43 43 *3 1 39.3 140.2 14 1 .0 141.1 14 2 .3 14 3 .3 143.7 144.2 14 4 .3 144.5 145-3 144.4 27 27 27 28 28 28 28 28 29 28 28 28 134.1 134.6 134.7 134.3 135.7 135.8 135.5 135.3 135.7 135.6 135.5 134.8 151.4 153.4 155.7 156.9 157.9 160.5 162.7 165.1 164.2 165.2 168.2 166.9 5.6 5.5 5.3 5.1 4.8 5.1 5.1 5 .0 5 .0 5 .0 4 .7 5.7 74 74 74 75 75 76 76 75 74 75 75 75 207.8 41 42 42 42 42 42 42 42 43 43 43 43 1 4 3 .0 1 4 4 .0 1**3.2 14 2 .9 142.5 141.7 14 2 .9 14 2 .7 143.6 14 3 .6 14-+.3 14 4 .7 27 27 27 164.0 164.2 164.1 164.5 166.1 165.5 170.7 173.0 174.5 177.8 178.3 5.4 5.3 5.3 5.4 5 .0 4 .9 4 .6 4.6 4 .6 4 .6 5.1 4.6 74 75 75 76 77 78 78 77 77 78 78 79 209.2 28 27 27 27 28 27 27 27 134.0 135.3 134.2 133.6 132.4 131.5 131.0 130.8 131.0 130.4 129.9 130.2 43 *3 43 43 44 43 44 43 43 147.4 147.4 147.2 1 46.9 147.6 146.9 14 7 .0 143.9 144.8 27 27 27 27 27 27 27 27 27 183.8 183.4 186.1 I8 6 .3 188.9 185.6 185.8 175.6 182.2 4 .9 5.1 5 .3 4 .6 4 .6 4.5 4 .2 4 .8 4.5 8 81 207.8 208.4 208.6 207.8 207.8 207.5 207.5 208.4 209.7 209.5 208.9 ____________ SPENDING Check Paym ents S e a s o n a lly A d ju ste d In d ex M U lio n s o f D o n a rs 133.9 146.0 160.6 168.2 I69.O 174.9 182.8 136.7 150.9 160.2 153.2 171.9 189.2 203.3 114 no 111 in 110 n3 117 n6 117 n8 119 121 170.2 178 169.3 141 166 146 159 168 165 164 154 169 162 164 120 117 n8 117 120 n8 n7 120 120 123 12*+ 126 178.9 180.4 132.3 181.9 186.3 181.4 177.3 I83.O 183.7 185.5 126 123 187-9 189.0 187.9 189.6 194.3 192.5 191.4 196.1 193.9 170.8 172.3 172.5 173.5 176.2 177.2 178.7 179.2 179.5 179.6 188.6 193.3 183.2 182.6 183.9 187.6 189.6 186.3 191.0 190.2 193.5 194.4 1968 Jan. Feb. M ar. A pr. May Ju n e J u ly Aug. S e p t. O ct. Nov. D ec. 28 1 7 0 .2 210.3 209.7 210.6 212.8 213.6 214.2 214.2 214.7 217.8 218.7 219.5 186.2 186.7 180 151 158 167 177 157 193 179 195.5 193.6 189.7 194.0 194.5 200.6 202.6 192 175 193 208.7 212.5 210.9 216.5 216.4 196 MB 217.8 215.3 184 182 193 213 186 198 223-9 2*8.7 229.3 230.2 170 1969 Jan. F eb . M ar. A pr. May June J u ly Aug. S e p t. 133-a 131.9 130.6 130.0 129.9 130.3 130.4 130.4 1 2 8 .8 82 83 84 86 88 88 223.1 226.2 227.9 228.7 229.2 229.2 236.5 244.0 246.0 122 123 124 125 127 128 127 182 212.0 212.7 21 T*o Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted Fort Smith Metropolitan Area 340 Percentage Change Seasonally Adjusted Index Year Ending SEPTEMBER 1969 320 300 Fort Smith 280 260 240 U.S. Total Payroll Employment +0.8 +3.2 Total Deposits +5.6 +0.5 Check Payments +8.3 +18.1 220 200 180 Spending Seasonally Adjusted 160 1957-59=100 400 Check Payments 1957-59=100 400 240 360 360 220 320 320 200 280 280 u .s. 240 180 240 200 160 200 FORT SMITH 140 160 120 120 1111I 11 I 111 I i 1i I 1i i 1i i 1967 1968 160 1 1 1 1 1 1 1 1 1 1 1„ 1 2 0 1969 Prep ar e d by F ede ra l Reserve Bank of St. Louis Pine Bluff Metropolitan Area MANPOWER UTILIZATION Annual Averages T o ta l P a y ro ll Employment S e a so n a lly Thousands A djusted o f Persons Index 1962 1963 1964 1965 1966 1967 1968 Nonmanufacturing Employment S easo n ally Thousands A djusted Index o f Persons 1 1 1 .6 1 1 7 .0 1 2 4 .2 13U.3 1 4 1 .8 14 4 .2 14 6 .3 BANKING ACTIVITY____________________ M anufacturing Employment S easonally A djusted Index Unemployment Rate S easo n ally A djusted 108.5 114.6 123.7 1 35.7 145.1 147.9 150.2 120.8 123.7 125.6 129.9 132.3 133.3 135.2 6 .8 5 .6 4 .4 4 .0 3 .6 4 .0 4 .0 T o ta l Loans i / S easo n ally M illio n s A djusted Index o f D o lla rs Bank D eposits i / S e asonally A djusted M illio n s Index o f D o lla rs ____________ SPENDING Check Payments Seasonal,!; MU.1 io n s A djusted o f D o lla rs Index f 128.1 1 41.7 152.7 I65.O 183.8 197.3 203.4 152.5 1 8 2 .0 215.2 244.5 256.5 275.5 295.6 129.4 140.8 148.6 162.0 176.9 192.9 203.8 1967 Jan. Feb. Mar. Apr. May June J u ly Aug. S e p t. 3 c t. Nov. Dec. 23 23 24 2k 2k 2k 2k 2k 25 2k 2k 2k 14 3 .1 1 4 3 .0 14 4 .4 14 4 .1 1 4 5 .0 1 4 4 .1 14 4 .1 14 5 .1 14 6 .1 1 4 2 .4 1 4 4 .0 1 4 5 .2 18 18 18 18 19 18 18 19 19 18 18 19 146.6 146.5 148.5 147.8 1 48.7 11*8.1 147-9 14 8 .7 150.1 1 45.6 1 47.7 148.8 132.5 13 2 .9 132.4 1 32.9 1 33.9 132.3 133.2 134.5 134.4 1 33.0 133 134.6 3 .7 3 .7 3 .7 3.8 4 .0 3*9 4 .4 4 .1 4 .3 4 .3 3*9 4 .3 69 66 64 66 67 67 67 69 69 67 68 68 279.9 275.0 270.9 273.8 277.0 274.2 275.4 283.2 279.1 273.* 272.5 272.1 115 H3 115 115 114 114 117 118 121 121 126 128 189.2 1 90.0 192.7 194.6 193.4 196.2 200.6 201.9 202.0 199.9 203*1 204.3 100 76 96 97 97 89 76 91 96 120 137 116 197.8 190.8 200.2 203.8 202.6 186.2 188.2 187.8 1 80.0 176.6 190.5 208.3 1968 Jan . Feb. Mar. A pr. May June J u ly Aug. S e p t. O ct. Nov. Dec. 2k 2k 2k 2k 2k 25 24 24 24 25 25 25 1 4 6 .0 1 4 7 .2 1 4 5 .7 1 4 5 .4 1 4 6 .0 1 4 7 .2 1 4 5 .9 1 4 5 .3 1 4 4 .4 147 J . 1 4 7 .8 14 8 .1 18 18 18 18 19 19 19 19 19 19 19 19 1 4 9 .3 15 1 .3 149 J . 1 48.7 14 9 .9 151.1 150.8 149.8 1 48.3 150.8 151.1 15 1 .7 136.4 135.2 136.0 135.8 134.5 1 35.9 131*8 132.3 1 3 3 .0 136.1 138.4 137.4 4 .5 3 .9 4 .2 4 .3 4 .3 3 .9 3 .8 3 .7 3 .8 3.1 3 .9 4 .0 68 67 68 69 71 73 73 74 75 76 76 77 274.6 279.5 285.7 268.9 291.4 298.8 300.0 303.7 302.0 307.8 307.0 307.4 123 119 120 119 120 H9 118 118 122 123 127 132 202.0 200.8 201. 0 201.0 204.1 204.0 202.2 201.5 203.3 205.0 206.0 209.3 111 95 96 100 92 88 108 88 100 125 128 132 219.7 212.4 213.6 202.7 199.8 205.0 208.2 208.2 1 8 5 .0 177.6 194.8 217.4 25 25 25 25 25 25 25 25 25 1 5 1 .2 15 1 .5 1 5 1 .7 15 0 .3 1 49.3 1 4 9 .0 149.5 148.0 1 4 9 .0 19 19 19 19 19 19 19 19 19 155.1 15 5 .7 155.4 154.3 152.8 152.7 153.2 151.2 152.5 1 39.7 139.2 140.8 138.6 139.3 137.9 138.4 138.7 139.0 3 .4 3 .6 3 .8 3 .7 3.7 3.6 3 .7 3 .6 4 .0 78 79 79 79 79 80 79 76 77 315.6 331.6 331.6 329.1 325.0 327.O 326.6 310.7 309.4 126 123 1 2$ 123 121 121 118 115 120 208.5 207.3 206.3 206.0 206.1 207.5 201.6 196.3 199.3 116 91 107 113 100 109 117 96 119 230.2 1969 Jan . Feb. Mar. A pr. May June J u ly Aug. S e p t. 2 27.8 227*2 229.6 235.3 238,6 234*0 226.1 Manpower Utilization Banking Activity Seasonally Adjusted Seasonally Adjusted 1957-59=100 Total Payroll Employment 1957-59=100 1957-59=100 Total Loans Pine Bluff Metropolitan Area 1957-59=100 340 Percentage Change Seasonally Adjusted Index Year Ending SEPTEMBER 1969 320 300 Pine Bluff U.S. 280 260 240 Total Payroll Employment +3.2 +3.2 Total Deposits —0.2 +0.5 Check Payments +22.2 +18.1 220 200 180 Spending Seasonally Adjusted 160 1957-59=100 400 Check P a y e tte 240 360 360 220 320 320 200 280 280 U.S. 180 240 160 200 ______ ^ 1968 1969 1967 1968 1969 120 120 240 > 200 PINE BLUFF 140 160 1967 1957-59=100 400 i i 1 i i 1 i.i 1 i i 1967 1 11 1i l l 160 1 1 1 1 i 1 1 1 1 1 1 1..JL.1 1 1- 120 1968 1969 Prep ar ed by F ed e ra l Reserve Bank of St. Louis State Summary MANPOWER UTILIZATION T o ta l Employment T o ta l P a y r o ll Employment N onm anufactu rln g Employment INCOME M a n u factu rin g Unite State F iv e S ta te s U n ite d S ta t e s Farm Cash R e c e ip ts 3 / 4 / F iv e U n ite d S ta te s S ta te s 5-5 5-7 5.2 4.5 3-8 3-8 3-6 120.7 128.4 136.2 147.6 161.9 173-8 1 9 0 .U 121.2 127.4 136.2 147.5 160.8 172.3 188.3 3,803 4,010 4,122 4,280 4,396 4,431 4,681 36,187 37,208 37.050 39,160 43,094 42,489 44,177 3.5 3-5 3.7 4 .0 4 .2 4 .3 4 .2 4 .2 4 .0 4 .0 4 .0 3.9 3-7 3-7 3-7 3-8 3-9 3-9 3-9 3-8 4 .0 3-3 3-7 169.6 170.9 170.9 170.5 172.1 173-3 174.7 177.6 175.5 175-2 177-3 178.5 167.8 168.3 I 6 9 .I 169.5 170.1 171.4 172.6 173.9 174.6 174.9 176.7 178.8 421 675 905 1,125 1,364 1,679 1,965 2,229 2,554 3,102 3,799 4,431 3,612 6,423 9,364 12,071 14,980 18,155 21,553 25,236 29,082 33,850 38,545 42,489 118.2 113.2 118.3 118.7 118.9 119.2 119.3 119.3 119.4 119.5 119.9 120.2 4 .2 3.8 3.3 3 .9 3 .7 3.8 3.8 3.7 3.8 3.6 3.3 3.5 3-6 3-7 3-7 3.5 3.6 3.7 3.7 3-5 3.6 3.6 3 .“ 3.3 180.0 183.5 186.0 137.3 190.2 191.7 191.6 192.6 W .3 19 v>.6 195.5 196.9 179.7 181.9 183.9 134.6 186.2 187.8 189.2 190.6 191.9 193.3 194.8 196.0 364 599 828 1,062 1,307 1,590 1,908 2,188 2,569 3,271 4,054 4,681 3,636 6,519 9,369 12,193 15,188 18,258 21,787 25,452 29,782 35,082 39,947 44,177 120.5 120.9 121.2 121.2 121 .a 121.7 1 2 1 .7 122.6 3.3 3.3 3.4 3.6 3.7 3.8 3 .7 3.7 3-3 3.3 3-4 3.5 3.5 3.4 3.6 3.5 197.'* 199-7 201.4 203.5 204.4 203.5 206.4 196.7 198.2 200.0 201.4 202.6 204.2 205-7 N.A. 393 644 893 1,152 1,423 1,737 2,099 2,410 3,814 6,820 9,930 13,028 16,317 19,825 23,646 27,600 E Five S ta te s U nited S ta te s Five S ta te s U nited S ta te s riv e S ta te s United S ta te s 1962 1963 196U 1965 1966 1967 1968 102.3 103.6 105.6 108.5 111.5 U 3 .3 115.1 104.4 106.0 108.4 111.2 114.1 116.4 118.8 107.2 110.6 114.1 120.1 127.6 131.5 135.2 105-7 107.9 111.1 115.8 121.9 125.4 129.2 107.2 110.4 113.5 119-0 125.1 129.6 133.1 107-6 110.3 114.3 119-0 124.7 129.2 133.9 107.3 111.1 115.6 122.6 133-5 136.2 140.5 101.5 102.5 104.1 108.8 115-7 117.2 119.1 6 .2 1967 Ja n . Feb. Mar. Apr. May June Ju ly Aug. S ep t. O ct. Nov. Dec. 114.4 114.1 1 1 4 .0 113.4 113.1 11 1 .9 112.8 113.2 1 12.6 1 1 2 .9 113.1 113.5 115.9 115.8 115-4 115-7 115-0 1 16.0 116.5 116.9 116.8 117.0 117.4 118.1 1 31.1 1 31.2 13 1 .2 131.1 131.1 131.1 1 3 0 .9 1 31.5 1 31.8 132*0 132.4 132.8 124.4 124.5 124.6 124.7 12 4 .8 12 5 .2 125.3 125.7 1 25.7 1 25.8 1 26.8 127.1 128.6 128.7 126.9 129.2 129.3 129.4 129.0 129.6 130.2 130.3 130.6 130.8 127.3 127.5 127.9 128.2 128.6 129.1 129.4 129.7 129.9 130.2 131.0 131.3 137.3 137.1 136.5 135.7 135.3 135.3 135.3 136.0 135.6 136.3 136.8 137.6 113.2 117.9 U 7 .5 117.1 116.7 116.7 116.3 117.1 116.5 116.5 117.8 118.0 1 1 4 .0 11 5 .3 1 14.6 11 5 .0 1 14.8 1 1 5 .0 1 1 5 .0 114.8 115.1 115.5 116.1 116.3 117-5 118.4 118.5 118. k 118.8 1 18.9 118.9 118.9 1 18.9 118.9 119.5 120.1 13 2 .8 1 33.8 13 4 .1 134.4 1 3 4 .7 135.1 1 3 5 .3 13 5 .6 1 3 5 .9 1 3 6 .7 1 3 7 .0 1 37.4 12 7 .0 12 7 .9 128.1 128.5 12 8 .6 129.1 129*4 1 29.6 129.8 130.3 1 30.7 131.1 130.8 1 32.0 132.1 132.2 132.5 132.7 1 33.0 133.3 133.6 134.5 134.8 135.1 131.1 132.3 132.7 133.0 133.1 133.7 134.0 134.4 134.7 135.3 135.8 136.2 137.5 138.1 138.9 139.6 140.0 140.9 140.8 141.1 141.6 142.1 142.3 142.6 118.2 1 18.3 117.1 11 7 .3 1 16.2 1 14.7 1 1 6 .0 115.5 120.8 121.6 121.7 121.4 1 20.9 121.5 1 21.8 1 22.3 1 3 8 .8 1 38.5 1 37.6 138.1 1 3 7 .7 13 7 .6 1 3 7 .9 1 3 8 .3 131.8 13 2 .3 132.7 13 2 .9 1 33.3 1 3 3 .9 133.8 134.1 136.9 1 37.0 136.2 136.0 135.9 135.7 135-6 136.2 137.0 137.6 138.0 13S.3 138.9 139.5 139.4 139.4 143.2 142.2 143.3 143.1 141.9 142.1 1 4 3 .4 143.2 Annual Averages 1968 Jan . Feb. Mar. A pr. May June Ju ly Au g. S ept.. O ct. Nov. Dec. 19»9 Jan . Feb. M ar. Ayr . May June J u ly Aug. E- E s tim a te d Personal Unemployment R ate Employment United Five S ta te s S ta te s Five S ta te s 5-5 5.0 4 .2 3-7 4 .0 3.8 4 .2 Income N.A. Manpower Utilization State Summary Seasonally Adjusted Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 State Summary U.S. Total Payroll Employment +2.0 +3.5 1967 1968 1969 Nonmanufacturing +2.2 +3.7 Manufacturing +1.5 +2.8 Total Employment +0.6 +2.9 Personal Income* +8.8 +8.7 Income 1967 1968 1969 P repared by Fed era l Reserve Bank of St. Louis Arkansas MANPOWER UTILIZATION___________________________________________ ______________________________________________ INCOME Annual Averages 196? 19o3 1964 196b 1966 1967 1968 1967 Jan. Feb. Mar. Apr. May June Ju ly Aug. S e p t. O ct. Nov. Dec. 1968 Jan. F eb. M ar. A p r. May June J u ly Aug. S e p t. O ct. Nov. Dec. 1969 Jan. F eb. Mar. Apr. May June J u ly Aug. T o tal Employment S easo n ally Thousands A djusted o f Persons Index T o ta l P a y ro ll Employment Seaso n ally A djusted Thousands Index o f Persons Nonmanufacturing Employment Seasonally Adjusted Thousands o f Persons Index M anufacturing Employment S e asonally A djusted Index Unemployment Rate Seasonally A djusted M illio n s o f D o lla rs Monthly Rate P ersonal Income S easonally A djusted Index Farm Cash R eceipts M illio n s o f D o lla rs 2 / M illio n s o f D ollars Monthly Hate M illions . o f D ollars y ?85 601 607 628 646 656 670 1 0 8 .0 11 0 .9 1 1 2 .0 1 1 5 .9 H 9 .3 121.1 12 3 .7 397 415 429 455 485 496 510 114.4 119.6 123.7 131.3 139.9 143.1 146.9 284 296 304 321 338 34u 352 111.* 116.1 119.* 126.2 132.6 135.2 138.* 122.7 129.* 135.8 1*5.* 160.3 164.9 170.5 6 .7 5 .9 5.5 5.2 4.5 4 .4 4 .4 242 259 281 298 328 344 384 132.5 1 41.9 154.4 163.7 179.8 189.0 210.2 2,898 3,103 3,37* 3,581 3,931 *,132 *,603 6* 69 75 76 82 76 82 769 825 896 910 986 915 985 620 627 644 648 661 672 675 677 666 674 665 644 12 1 .7 1 21.2 121.4 120.8 120.5 H 9 .5 1 2 0 .9 1 20.8 121.2 121.5 1 21.3 122.1 480 483 488 493 496 501 497 503 506 503 502 503 142.3 142.7 142.9 142.9 142.9 142.3 141.9 142.6 143.7 143.7 144.2 144.7 332 33* 339 3*3 3*5 3*8 3*5 3*7 351 3*8 3*7 3*9 13*.6 135.0 135.3 135.3 135.3 13*.2 134.0 13*.5 135.7 135.6 135.9 136.4 163.4 164.1 163.9 163.9 164.0 164.5 163.7 165.0 165.9 1 66.0 166.9 167.8 4 .2 4 .2 4.4 4 .3 4 .4 4.5 4.8 4 .7 4 .6 4.5 4 .2 4.5 321 322 323 322 326 3*5 338 339 3*9 388 386 373 179.2 186.5 186.7 186.7 I89.O 190.4 190.9 190.0 190.1 189.5 189.6 1 99.0 321 6*3 966 1,288 1,61* 1,959 2,297 2,636 2,985 3,373 3,759 *,132 51 *2 38 3* 37 72 *9 *7 73 1*0 193 139 51 93 131 165 202 274 323 370 443 583 776 915 617 636 650 660 670 695 687 695 685 693 693 660 1 2 1 .0 1 2 3 .0 1 2 2 .3 1 2 2 .9 12 2 .6 12 3 .7 12 3 .2 124.1 1 24.6 12 5 .2 126.1 12 5 .1 486 492 *96 503 506 517 516 522 519 520 519 520 144.2 1*5.5 145.1 145.7 1 46.0 146.9 147.4 1*8.1 1*7.5 1*8.5 1 *9.0 1*9.3 335 3*0 3*3 3*8 350 359 358 361 359 359 358 359 135.8 137.5 136.7 137.0 137.3 138.6 139.0 139.7 138.9 139.8 140.1 1*0.4 167.4 1 67.9 168.5 169.7 170.1 1 69.9 170.7 171.2 171.3 172.4 173.5 173.8 4 .7 * .5 * .5 4 .6 4 .4 * .3 * .3 4 .2 4 .2 4.1 4 .4 * .3 360 3*8 351 358 367 380 370 385 393 *4* 445 402 201.1 200.7 202.5 206.9 212.6 209.5 209.2 214.9 214.7 217.7 218.9 213.9 360 708 1 ,059 1,*17 1,78* 2,16* 2,53* 2,919 3,312 3,756 *,201 *,603 *6 33 36 38 *2 60 55 53 93 183 206 1*0 46 79 115 153 195 255 310 363 456 639 845 985 647 656 669 689 702 7U0 717 714 1 2 7 .0 12 6 .3 125.9 128.4 128 A 1 2 6 .5 1 2 8 .6 127.6 51L510 516 523 528 535 537 540 151.5 150.8 150.9 1 51.3 152.* 1 5 2 .0 153-* 153.2 351 351 355 360 363 369 369 372 1*2.2 1*1.8 1*1.2 1*1.7 1*2.3 1*2.9 1*3.1 143.9 177.2 175.6 177.6 177.8 id o a 1 7 8 .3 1 8 1 .9 178.7 3 .8 3 .9 3 .9 4 .1 *.Q 4 .1 4 .4 4 .2 385 383 383 393 4Q* 413 411 N.A. 215.1 220.5 220.7 226.7 233*8 227.5 232.* N.A. 385 768 i,1 5 1 1,5** 1,9*8 2,361 2,772 50 37 *1 *5 48 63 68 61 50 87 128 173 221 284 352 413 N .A. Manpower Utilization Arkansas Seasonally Adjusted 1957-59=100 160 150 Total Payroll Employment 1957-59=100 160 150 ARKANSAS 140 140 — --- 130 130 U.S. 120 110 l »11l 1 l l 1 11 11111111111 1 1 1 1 1 1 i 11 1 1 Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 Arkansas U.S. Total Payroll Employment +3.4 +3.5 120 Nonmanufacturing +3.0 +3.7 110 Manufacturing +4.4 +2.8 Income Season ally Adjusted Ken INCOME MANPOWER UTILIZATION A nnual A v erages 1962 1963 1964 1965 1966 1967 1968 T o ta l Employment S e a s o n a lly Thousands A d ju s te d o f P e rs o n s In d e x T o t a l P a y r o ll Employment S e a s o n a lly A d ju s te d T housands o f P e rs o n s In d ex N o n m an u factu rin g Employment S e a s o n a lly Thousands A d ju s te d o f P erso n s In d e x M a n u fa c tu rin g Employment S e a s o n a lly A d ju s te d In d ex Unemployment R a te S easo n ally A djusted P e rso n a l Income M illio n s o f D o lla rs Monthly Rate S easo n ally A djusted Index Farm Cash R e c e ip ts M illio n s . o f D ollars 3 / M illio n s o f D o llars Monthly Rate M illio n s . o f D ollars 2/ 1,030 1,0 6 9 1 ,080 1,0 9 6 1,128 1,0 9 0 1,112 104.6 108.5 10 9 .7 111.5 114.5 1 10.8 11 3 .0 674 703 722 759 804 837 869 105.8 110.3 113.2 119.1 126.2 131.3 136.3 499 520 530 553 577 605 628 106.3 110.6 112.6 117.7 122.8 128.6 133.6 104.6 109.4 114.9 123.1 135.5 138.8 143.9 7 .0 5 .7 5 .9 4 .8 4 .1 4 .2 3 .9 452 478 497 54l 595 645 708 124.1 131.1 136.6 148.5 163.5 177.1 194.3 5,427 5,733 5,968 6,489 7,143 7,735 8,490 52 54 62 57 60 69 69 627 645 743 687 725 825 825 1,01*0 1,026 1,052 1,064 1,102 1,122 1,099 1,141 1,1 * 3 1,121 1 ,103 1 ,072 1 1 4 .0 113.1 112.8 111.4 11 1 .3 1 09.6 109.6 111.3 109.1 1 08.7 1 09.6 10 9 .7 820 816 819 832 841 846 829 841 846 845 846 857 131.2 131.1 130.9 131.1 131.3 131.4 129.8 131.3 131.4 131.3 131.9 132.5 584 582 588 6o4 612 616 599 610 615 614 6l4 617 127.7 127.7 127.9 128.4 128.9 129.2 126.8 128.9 129.3 129.0 129.6 130.0 140.8 140.7 139.7 138.6 138.0 137.8 138.3 138.2 137.5 138.0 138.5 139.6 3 .9 3.6 3.8 4 .2 4 .4 4 .6 4 .4 4.5 4 .2 4 .1 4 .3 4.1 663 610 597 615 628 637 631 667 643 658 669 717 174.7 173.2 171.4 173.5 175.2 176.6 177.7 187.8 178.3 179.4 180.2 177.0 663 1,273 1,870 2,485 3 ,H 3 3,750 4,381 5,048 5,691 6,349 7 ,0 .8 7,735 140 45 36 34 36 38 41 43 46 63 94 209 140 185 221 255 291 329 370 413 459 522 616 825 Jan. Feb. M ar. A p r. May Ju n e J u ly Aug. S e p t. O c t. Nov. Dec. 1,0 2 7 1,0*2 1,0 6 0 1,085 1,122 1,155 1,1 3 7 1,137 1 ,167 1,158 1,1*2 1 ,U 3 112.4 1 14.8 U 3 .3 1 13.6 1 13.4 1 1 2 .9 1 13.2 111.0 11 1 .3 112.5 H 3 .3 1 1 3 .9 827 837 845 858 871 877 871 875 881 891 893 899 132.4 134.4 135.0 135.2 135.7 136.0 136.4 136.6 137.2 138.5 139.1 139.2 593 604 610 624 632 634 629 631 636 647 647 648 130.0 132.2 132.5 132.7 132.8 132.8 133.3 133.7 134.0 136.0 136.6 136.7 139.1 140.6 142.0 142.1 144.0 1 45.0 1 45.0 1 45.0 1 45.9 145.6 146.4 146.2 4.5 4.1 3 .9 4 .0 3 .7 3 .9 3 .9 3.8 3.8 3 .7 3.6 3.6 683 661 674 687 699 708 703 701 711 729 726 808 179.7 187.O 192.9 193.6 194.8 196.1 197.7 197.1 197.9 198.3 195.8 200.2 683 1,344 2,018 2,705 3,^04 4,112 4,815 5,516 6,227 6,956 7,682 8,490 97 39 36 39 38 39 47 48 55 73 120 194 97 136 172 211 249 288 335 383 438 511 631 825 Jan. F eb . M ar. A p r. May Ju n e J u ly Aug. 1,085 1 ,0 7 0 1,085 1 ,101 1,1 1 9 1,141 1 ,138 1,152. 1 18.6 1 1 8 .0 1 1 5 .9 H 5 .3 113.1 111.6 113.2 112.5 880 878 880 887 888 899 893 894 141.1 140.8 140.3 139.8 138.4 139.3 139.8 139.7 632 631 634 645 648 655 648 651 138.7 138.2 137.4 137.0 136.1 137.0 137.4 137.7 147.7 148.3 148.5 147.7 144.8 145.9 146.5 145.4 3.5 3.5 3.3 3.4 3.6 3.7 3.4 3.5 755 711 730 741 743 744 767 198.5 200.8 208.5 208.6 206.8 205.9 215.5 755 1,486 2,196 2,937 3,680 4,424 5,191 109 N.A. N.A. 109 149 186 227 268 311 361 413 1967 Jan. F eb . M ar. A p r. May Ju n e J u ly Aug. S e p t. O c t. Nov. D ec. 1968 N.A. 40 37 41 41 43 50 52 Manpower Utilization Kentucky Seasonally Adjusted Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 Kentucky U.S. Total Payroll Employment +2.3 +3.5 1967 1968 1969 Nonmanufacturing +3.0 +3.7 Manufacturing +2.8 1967 1968 +0.3 1969 Income Seasonally Adjusted 1967 1968 1969 P repared by F ed e ra l Reserve Bank of St. Louis M ississip p i MANPOWER UTILIZATION___________________________ ______________ T o tal Employment S e aso n ally AdjusLeo Thousands o f Persons Index T o ta l P a y ro ll Employment S easonally A djusted Thousands Index o f Persons Nonmanufacturing Employment S easonally Thousands A djusted Index o f Persons M anufacturing Employment S easonally A djusted Index INCOME Unemployment Rate S easo n ally A djusted M illio n s o f D o lla rs Monthly Rate P ersonal Income S easonally A djusted Index M illio n s . o f D o lla rs 2 / 707 716 723 737 755 755 768 1 0 4 .0 105.4 106.4 108.4 111.1 111.1 1 1 2 .9 426 444 460 485 519 532 549 111.5 116.2 120.4 127.1 136.0 139.3 143.8 298 310 320 333 353 365 375 111.0 115.3 119.0 123.8 131.4 135.9 139.4 112.7 118.4 123.7 134.8 146.8 147.6 154.3 6 .5 6 .2 5 .7 4 .6 4 .2 4 .8 4.5 248 274 285 309 346 371 411 129.8 1 43.0 149.0 161.7 181.0 193.9 214.9 2,979 3,291 3,422 3,712 4,153 4,454 4,934 748 747 749 752 752 760 756 754 761 762 762 761 1 1 2 .0 1 11.3 11 1 .6 1 11.3 1 10.8 110.4 110.5 1 10.6 1 10.6 1 10.7 1 11.3 1 11.6 522 522 524 529 529 534 532 533 539 539 539 542 139.1 139.2 139.3 138.9 138.6 138.8 1 39.0 139.0 139.5 139.8 140.2 140.6 355 355 358 363 365 367 366 366 371 371 370 372 135.0 135.1 135.5 135.3 135.4 135.6 135.9 136.0 136.4 136.5 136.7 1 37.0 149.0 149.0 148.3 147.6 146.1 146.3 146.3 146.0 146.9 147.7 148.4 149.2 4.5 4 .4 4 .6 4 .9 5.1 4 .8 5-2 4 .8 *•9 4 .8 4 .7 4 .5 356 347 347 346 352 361 353 358 370 419 449 396 187.2 1 91.0 191.0 19 0 .0 190.9 193.* 193.2 193.9 194.2 197.0 203.6 201.4 356 703 1,050 1,396 1,748 2,109 2,462 2,820 3,190 3,609 4,058 4,454 746 750 754 760 766 774 772 774 781 781 780 780 1 11.6 112.1 11 2 .3 112.4 11 2 .7 11 2 .7 1 12.8 H 3 .3 H 3 .5 1 13.6 11 3 .7 114.4 528 532 536 543 548 553 552 555 561 561 560 562 140.8 141.9 142.2 142.7 143.6 143.8 144.1 144.7 145.2 145.4 145.6 145.9 360 363 366 371 375 376 376 376 383 382 382 384 1 36.9 138.2 138.1 138.4 139.1 139.2 139.7 1 39.9 140.5 140.7 140.9 141.1 150.0 150.7 151.8 152.8 154.1 154.9 154.6 156.0 156.4 156.6 156.6 157.1 4 .9 4 .5 4 .5 4 .6 4 .6 4 .5 4 .4 4 .7 4 .7 4 .4 4 .6 3 .7 384 378 389 381 394 404 400 409 420 465 470 440 202.6 206.9 213.4 209.7 213.6 215.5 218.7 221.1 221.3 219.6 214.0 222.2 384 762 1,151 1,532 1,926 2,330 2,730 3,139 3,559 4,024 4,494 4,93*1 74 116 158 197 243 297 344 388 445 603 770 846 768 769 773 777 782 787 783 783 1 14.8 114.9 1 1 5 .0 114.8 115.1 114.8 114.5 1 14.6 551 551 555 559 563 562 561 564 14 6 .8 146.8 147.0 147.0 147.6 146.1 146.5 1^7.1 374 375 378 382 385 382 383 385 1 4 2 .4 142.4 142.6 142.6 142.7 141.3 142.1 143.0 157.1 157.3 157.5 157.5 159.0 157.7 157.0 156.8 3.7 3.9 4 .1 4 .3 4 .2 4 .2 4.2 4 .8 420 417 417 420 428 428 423 N.A. 221.7 227.5 228.2 231.4 232.1 227.8 231.1 N.A. 420 837 1,254 1,67* 2,102 2*530 2,953 N.A. 71 115 160 201 251 307 751 768 846 75 122 162 198 243 301 342 382 429 538 692 768 367 415 Manpower Utilization Mississippi Seasonally Adjusted Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 Mississippi U.S. Total Payroll Employment +1.7 +3.5 Nonmanufacturing +2.2 +3.7 Manufacturing +0.5 +2.8 Income Seasonally Adjusted 160 150 140 130 120 180 170 160 150 140 130 120 110 1967 1968 1969 1967 1968 1969 1967 1968 1969 Prep ar ed by Fede ra l Reserve Bank of St. Louis M issouri MANPOWER UTILIZATION A nnual A v erages 1962 1963 1964 196> 1966 1967 1966 T o ta l Employment S e a s o n a lly Thousands A d ju s te d o f P e rs o n s In d e x INCOME N onm an u factu rin g Employment S e a s o n a lly Thousands A d ju s te d o f P e rs o n s In d ex M a n u fa c tu rin g Employment S e a s o n a lly A d ju s te d In d ex Unemployment R ate S e a s o n a lly A d ju s te d M illio n s o f D o lla r s M onthly R ate P e rso n a l Income S e a s o n a lly A d ju s te d In d ex Farm Cash R e c e ip ts M illio n s 3/ o f D o lla r s " M illio n s o f D o lla r s M onthly R ate M in io n s o f D o n ars 1,7 7 8 1,782 1,8 1 3 1,8 5 7 1 ,9 0 3 1 ,9 W 1 ,9 6 0 100.7 10 0 .9 1 02.7 1 05.2 107.8 110.1 1 1 1 .0 1,357 1,378 1,412 i,v r6 1 ,553 1,5 9 6 1 ,6 2 3 103.0 104.6 107.1 111.9 117.8 121.1 123.2 970 985 1,009 1,059 1,107 1,142 1,166 104.2 105.8 106.4 113.7 119.0 122.7 125.2 100.0 Id .7 103.9 107.6 115.0 117.2 118.2 5.2 4 .7 4 .2 3.7 3.3 3.4 3.4 824 867 916 997 1,071 1,148 1,251 113.1 119.0 125.7 136.8 147.0 157.6 171.6 9,892 10,402 10,988 11,961 12,856 13,777 15,006 98 99 94 105 111 no n7 1,179 1,190 1,126 1,257 1,335 1,319 1,400 1,861 1,8 5 9 1 ,912 1 ,932 1 ,9 7 9 1 ,9 8 0 2,001 1,987 1 ,9 9 0 1,985 1,922 1,9 1 6 110.4 1 10.3 1 10.6 110.2 110.7 1 08.7 110.3 1 10.2 10 9 .6 1 1 0 .3 1 09.7 1 1 0 .0 1,564 1,564 1,578 1,5 9 0 1,596 1,611 1,602 1,595 1,612 1,6 0 9 1 ,612 1,622 120.7 120.7 120.8 120.7 120.9 120.9 120.9 121.3 121.2 121.6 121.6 121.8 1,110 1,110 1,123 1,140 1,143 1,152 1,146 1,142 1,159 1,158 1,159 1,166 121.7 121.8 122.0 122.3 122.4 122.5 122.7 122.9 123.2 123.5 123.6 123.6 lld .l 118.1 117.8 116.9 117.2 117.2 116.6 117.4 116.4 117.0 116.7 H 7 .3 2 .9 3 .0 3.1 3.4 3.6 3.6 3.5 3.6 3.4 3.5 3.4 3.4 1,112 1,113 1,116 1,106 1,131 1,162 1,157 1,145 1,169 1,189 1,187 1,190 154.3 155.5 156.1 153.9 156.1 157.4 159.4 160.5 159-0 157.2 159.7 161.7 1,112 2,225 3,341 4,447 5,578 6,740 7,897 9,042 10,211 11,400 12,587 13,777 105 87 83 84 89 108 116 95 113 162 159 118 105 192 275 359 448 556 672 767 880 1,042 l,2 d 1,319 1,8 5 8 1 ,876 1 ,918 1,9**0 1,952 2,017 2,006 1 ,997 2,022 2,012 1,962 1,961 1 10.2 11 1 .3 1 10.6 110.5 109.5 110.6 110.5 1 1 0 .9 111.5 1 11.8 1 1 2 .0 112.5 1,584 1,587 1 ,606 1,617 1 ,6 1 9 1 ,633 1 ,626 1,616 1 ,6 3 9 1,644 1 ,6 4 9 1,6 5 9 122.1 122.5 122.8 122.7 122.6 122.7 122.9 123.1 123.4 124.2 124.3 124.6 1,133 1,138 1,152 1,163 1,165 1,171 1,164 1,160 1,176 1,182 1,186 1,196 124.2 124.8 125.0 124.8 124.8 124.7 124.8 125.1 125.3 126.1 126.4 126.9 117.1 117.0 117.6 117.8 117.4 117.8 118.2 118.1 119.0 119.6 119.2 119.0 3.6 3.2 3.4 3.5 3.3 3.5 3.5 3.3 3.3 3.2 3*4 3.1 1,187 1,182 1,190 1,201 1,231 1,278 1,249 1,224 1,289 1,332 1,331 1,312 164.5 165.0 166.4 167.3 169.9 173.1 171.7 171.7 175.5 176.8 178.7 178.2 1,187 2,369 3,559 4,760 5,991 7,269 8,518 9,742 11,031 12,363 13,694 15,006 109 88 85 85 85 92 n7 93 123 200 190 133 109 197 262 367 452 544 661 754 877 1,077 1,267 1,400 1,8 9 9 1 ,9 0 0 1,937 1,969 1,962 1,992 2,008 1 ,9 9 0 11 2 .6 1 12.8 111.5 112.1 110.1 109.1 110*5 110.5 1,625 1 ,613 1 ,6 2 9 1,639 1,6 3 0 1 ,64* 1 ,6 3 9 1 ,643 125.3 124.4 124.3 124.4 123.5 123.9 123.9 125.2 1,165 1,169 1,174 1,185 1,187 1,192 1,179 1,181 127.8 128.1 127.2 127.2 127.1 I 2 7 .I 126.4 127.5 119.3 115.5 117.8 117.9 114.8 116.1 117.7 119.8 2 .8 2 .7 3.1 3-4 3.3 3.7 3.6 3.3 1,286 1,270 1,285 1,290 1,303 1,340 1,347 178.1 177.1 179.7 179.7 179.9 181.5 185.0 1,286 2,556 3,841 5,131 6,434 7.774 9,121 122 96 94 97 97 in 127 105 122 218 312 409 506 617 744 849 1967 Jan • F eb . M ar. A p r. May Ju n e J u ly Aug. S e p t. O c t. Nov. Dec. T o t a l P a y r o ll Employment S e a s o n a lly T housands A d ju s te d o f P e rs o n s In d ex 1966 Jan. F eb . M ar. A p r. May Ju n e J u ly Aug. S e p t. O c t. Nov. Dec. 1969 Jan. F eb . M ar. A p r. May Ju n e Tuly Aug. N.A. N.A. N.A. 3/ * Manpower Utilization Missouri Seasonally Adjusted Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 Missouri U.S. Total Payroll Employment +1.7 +3.5 Nonmanufacturing +1.9 +3.7 Manufacturing +1.4 +2.8 Income Season ally Adjusted 160 150 140 130 120 180 170 160 150 140 130 120 110 1967 1968 1969 1967 1968 1969 1967 1968 1969 P rep ar ed by F ed e ra l Reserve Bank of St. Louis Tennessee MANPOWER UTILIZATION________________________________________________ _________________________________________ INCOME Annual Averages 1962 1963 1964 1965 1966 1967 1968 1967 Jan. Feb. Mar. A p r. May June J u ly Aug. S e p t. O ct. Nov. Dec. 1968 Jan. Fab. Mar. A p r. May June J u ly Aug. S e p t. O c t. Nov. D ec. T o ta l Employment S easo n ally Thousands A djusted o f Persons Index T o ta l P a y ro ll Employment S easonally Thousands A djusted o f Persons Index 1 ,3 4 0 1 ,373 1,4 2 0 1 ,4 7 2 1 ,5 3 0 1,5 4 8 1,5 8 4 102.0 104.5 108.1 112.1 1 16.5 11 7 .8 120.6 966 1 ,003 1,0 4 6 1,1 0 7 1,1 8 6 1,2 2 8 1 ,271 109.8 U 3 .9 118.7 125.7 13U.7 1 3 9 .1* 144.2 1,4 9 3 1 ,4 9 0 1 ,504 1,5 2 3 1,528 1,560 1 ,553 1 ,570 1 ,567 1,606 1,6 0 2 1 ,574 1 1 9 .0 1 18.8 H 8 .3 118.0 1 16.5 116.2 116.8 117.5 11 7 .3 1 1 7 .7 11 8 .4 119.2 1,201 1,198 1,205 1,215 1 ,215 1,228 1,230 1 ,242 1,242 1,245 1,252 1,262 1,495 1,510 1,5 3 4 1 ,562 1 ,5 8 9 1,621 1 ,6 0 0 1 ,6 0 7 1 ,6 0 7 1 ,6 3 7 1,6 4 2 1 ,6 0 6 1 1 9 .2 120.2 12 0 .4 120.8 12 1 .3 1 2 0 .9 120.6 1 2 0 .3 1 20.4 1 20.4 121.2 12 1 .3 1 ,5 5 7 1 ,5 7 0 1,580 1 ,5 9 3 1 ,6 1 0 1,6 1 2 1,611 1 ,6 1 2 12 4 .1 1 2 4 .9 1 2 3 .9 12 3 .1 12 3 .1 120.2 121.6 120.6 Nonmanufacturing Employment Seasonally Thousands Adjusted Index o f Persons M anufacturing Employment S easonally A djusted Index Unemployment Rate Seasonally A djusted M illio n s o f D ollars Monthly Rate 635 657 683 720 761 792 815 109.0 112.8 117.3 123.5 130.5 135.9 139.8 111.3 116.0 121.6 130.1 143.0 146.3 152.9 6 .7 5.9 4 .9 3 .9 3 .2 3 .9 3-6 515 549 594 646 718 776 839 139.0 138.9 138.8 138.7 138.2 138.5 138.7 139.4 139.8 140.2 141.1 141.6 765 764 774 785 787 798 799 801 804 806 808 817 134.6 134.8 135.0 135.3 135.1 135.6 135.6 136.0 136,7 136.9 137.5 137.8 147.6 1 47.0 146.2 145.4 144.3 144.1 144.9 146.2 146.0 146.8 148.1 149.1 3 .3 3 .3 3.5 3 .9 1,2 1 8 1,2 2 6 1 ,2 3 9 1 ,2 5 3 1,2 6 4 1 ,284 1 ,2 7 9 1 ,2 8 9 1 ,2 9 0 1 ,295 1,300 1 ,3 0 9 1 41.0 142.1 142.7 143.1 143-9 144.6 144.5 144.8 145.2 145.8 146.3 146.8 776 784 794 803 812 823 824 826 829 832 835 843 136.8 138.0 138.5 138.5 139.5 139.7 140.0 140.3 140.9 141.3 141.9 142.1 1,285 1 ,2 9 2 1,2 9 4 1,298 1 ,3 0 3 1,311 1 ,3 0 7 1 ,3 0 9 148.8 149.6 1 48.9 148.3 148.3 147.5 147.7 147.1 824 827 829 834 837 843 839 838 145.2 145.6 144.5 143.8 143.8 142.9 142.6 142.4 P ersonal Income S e asonally A djusted Index Farm Cash R eceipts M illio n s o f D o llars M illio n s o f D o llars Monthly Rate M illions o f D ollars 121.9 129.8 140.6 152.8 169.8 183.6 198.3 6,184 6,588 7,131 7,749 8,611 9,315 10,158 45 46 49 51 50 50 52 542 555 582 607 601 6o4 625 4.5 4.2 4.1 4 .0 4.1 4.1 3 .9 751 750 757 753 758 767 770 786 797 809 821 796 179.6 179.9 180.3 180.8 181.1 181.6 I83.O 185.7 187.0 186.5 188.1 189.5 751 1,501 2,258 3,011 3,769 4,536 5,306 6,092 6,889 7,698 8,519 9,315 50 33 33 32 32 39 39 39 46 74 97 90 50 83 116 148 180 219 258 297 343 417 514 604 149.2 150.0 151.0 152.1 152.5 154.2 153.3 153.6 153.6 154.7 154.9 156.0 4 .0 3 .7 3 .6 3 .7 3.5 3.5 3.5 3.5 3 .7 3.5 3.8 3 .4 782 812 823 823 840 852 846 856 862 890 898 874 187.5 194.5 194.4 197.6 200.8 201.7 200.9 202.2 202.6 205.5 206.0 207.5 782 1,594 2,417 3,240 4,080 4,932 5,778 6,634 7,496 8,386 9,284 10,158 38 33 30 33 34 38 52 42 53 88 100 84 38 71 101 134 168 206 258 300 353 441 541 625 155.8 157.6 157.6 157.0 157.2 156.5 157.8 15 6 .3 3.2 3 .2 3 .4 3.6 3 .7 3 .6 3.6 3.7 879 904 902 907 918 922 936 N.A. 211.0 216.4 212.2 217.7 219.5 218.2 222.0 N.A. 879 1,783 2,685 3,592 4,510 5,432 6,368 N.A. 41 34 32 35 35 4l 57 45 41 75 107 142 177 218 275 320 4 .2 Ig 6 g Jem. Feb. Mar. A p r. May June J u ly Aug. ^ Manpower Utilization Tennessee Seasonally Adjusted Percentage Change Seasonally Adjusted Index Year Ending AUGUST 1969 Tennessee U.S. Total Payroll Employment +1.6 +3.5 1967 1968 1969 Nonmanufacturing +1.5 +3.7 Manufacturing +1.8 +2.8 1967 1968 1969 Income Season ally Adjusted 1967 1968 1969 Prep ared by F ed e ra l Reserve Bank of St. Louis CHECK PAYMENTS IN ELEVEN MEDIUM-•SIZE CITIES Millions of Dollars Sept. 1969 Cape Girardeau, Mo. Seasonally Adjusted Index Aug. 1969 July 1969 —? Sept. 1968 50 243.9 245.1 248.6 218.1 El Dorado, Ark. 77 235.1 232.4 235.1 196.0 Greenville, Miss. 70 238.0 234.3 230.6 194.0 Hannibal, Mo. 22 186.1 181.4 181.8 165.1 Helena, Ark. 23 228.7 225.5 239.8 185.2 Jackson, Tenn. 75 271.8 279.8 279.0 237.3 Owensboro, Ky. 104 206.3 206.4 204.7 183.4 Paducah, Ky. 84 248.6 249.3 239.4 237.3 Quincy, 111. 100 226.5 224.2 218.4 212.2 Sedalia, Mo. 48 254.6 251.8 245.6 198.1 131 279.0 280.7 277.0 269.4 Texarkana, Ark. $ Sept. 1969 1/ JL/ 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). Released October 1969 Prepared by Federal Reserve Bank of St. Louis