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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
JANUARY 1970
METROPOLITAN AREA ACTIVITY
EIGHT AREA
SUMMARY
ST. LOUIS

EVANSVILLE

LOUISVILLE

SPRINGFIELD, MO.

MEMPHIS

FORT SMITH

LITTLE ROCK

PINE BLUFF




STATE ACTIVITY
SUMMARY

MISSISSIPPI

ARKANSAS

MISSOURI

KENTUCKY

TEN N ESS EE

CHECK PAYMENTS 11 OTHER CITIES

Prepared by Federal Reserve Bank of St. Louis
Released: January 30,1970




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 a n d 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 te 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 a n d 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 sm o o th e r r a tic f l u c ­
t u 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 an d 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 are d e v e lo p e d
S ta te E m p lo y m e n t S e c u r ity O ffic e s .

by th e r e s p e c tiv e

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 r e c e d in g m o n th , fh e W e dn esday p r e c e d in g th e 15 th o f th e
c u r r e n t m o n th , an d 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 de m 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 , an d 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 tr a 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 se d on re p o rts fro m th e 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 r s 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
and 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.

The decline in payroll employment for Kentucky reflects a strike in
one of the major industries.

M o n th ly fig u r e s

Eight Central Mississippi Valley Metropolitan Areas
T ota l P a y ro ll
Employment
United
Region
States

MANPOWER UTILIZATION
Nonmanufacturing
Manufacturing
Employment
United
United
States
Region
Region
State6

1962
1963
1964
1965
1966
1967
1968

102.2
104.9
108.7
113.3
119.5
123.9
126.6

105.7
107.9
111.1
115.8
121.8
125.4
129.2

104.7
107.5
111.8
116.6
122.6
127.1
130.3

107.6
110.3
114.3
119.0
124.6
129.2
133.9

97.0
99.7
102.6
106.6
113.2
117.4
119.2

101.5
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

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

122.8
123.2
123.2
122.8
123.3
123.6
123.7
124.3
124.3
124.7
125.0
125.3

124.4
124.5
124.6
124.7
124.8
125.2
125.3
125.7
125.7
125.8
126.8
127.1

125.7
126.0
126.1
126.3
126.7
127.3
127.1
127.3
128.2
126.0
126.3
120.5

127.3
127.5
127.9
128.2
128.6
129.1
129.4
129.7
129.9
130.2
131.0
131.3

117.1
117.5
117.4
115.8
116.6
116.4
117.0
118.4
117.2
118.3
118.4
118.8

118.2
117.9
117.5
117.1
116.7
116.7
116.3
117.1
116.5
116.5
117.8
118.0

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

125.2
125.8
125.9
126.0
126.4
126.4
126.8
127.5
127.1
126.8
127.8
127.9

127.0
127.9
128.1
128.5
126.6
129.1
129.4
129.6
129.8
130.3
130.7
131.1

128.7
129.7
129.7
129.8
130.0
130.0
130.4
131.1
130.5
131.1
131.4
131.6

131.1
132.3
132.7
133.0
133.1
133.7
134.0
134.4
13M
135.3
135.8
136.2

U 6 .3
117.9
118.3
118.3
119.3
119.2
119.7
120.1
120.5
118.1
120.7
120.5

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

129*
129.1
129.8
1294
129.1
129.5
129.9
129.9
129.8
130.7
129.1
126.7

131.8
132.3
132.7
132.9
133.3
1334)
133*8
134.2
134.2
134.5
134-5
134.5

133.1
133.6
132.9
133.3
133.4
133.4
133.1
133.2
134.0
134.9
1 35.0
135.1

137.0
137.6
138.0
138.3
138.9
139.J
139-4
139.4
140.0
140.5
141.0
141.0

122.5
120.2
123.4
122.8
120.7
121.7
123.4
123.2
121.4
122.1
H 7 .3
116.0

Annual
Average




BANKING ACTIVITY

SPENDING

Unemployment

Rata

Total Loans ^
United
States
Region

Bank Deposits ^
United
Region
States

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
I 6 I .2
174.5

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

118.2
118.2
H 8 .3
118.7
118.9
119.2
119.3
119.3
119.4
119.9
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

120.5
120.9
121.2
121.2
121.2
121.1
121.5
122.5
121.7
121.4
120.6
120.4

2.6
2.8
2.9
3 .0
3.2
3.6
3.5
3.5
3.5
3.4
3.5
3.7

3.3
3.3
3.4
3.5
3.5
3.4
3.6
3.5
4.0
3-9
3.4
3 .*

250.7
253.5
255.7
257.5
259.9
263.O
268.2
267.6
268.3
268.9
269.0
273.0

Region

United
States

Check Payments ^

United
Region

States

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

153.6
154.9
156.5
159.0
159.8
160.7
162.2
163.0
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

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

261.4
265.3
266.9
268.7
272.7
273.5
280.4
278.9
283.0
283.O
282.8
285.1

182.5
183.1
183.4
183.8
183.6
184.4
182.3
181.0
180.9
180.3
181.3
100.9

196.3
196.1
197.4
198.2
199.6
199.4
197.1
195.7
194.5
193.8
196.1
195.4

253.3
252.5
255.3
255*6
256.8
256.7
259*5
2 65.I
266.1
264.9
26 3.7
263.6

278.6
281.7
284.5
287.*
294.9
301.7
306.2
310.9
311.2
311.1
309.9
308.4

St. Louis Metropolitan Area

Annual
Averages

T otal P a y ro ll
Employment
Seasonally
Thousands Adjusted
o f Persons Index

1962
1963
1964
1965
1966
1967
1968
1967
Jan.
Peb.

Mar.
Apr.
May
June

July
Aug.
S ep t.

Oct.
Nov.
Dec.

MAHPOWER UTILIZATION
Manufacturing
Nonmanufacturing
Employment
Employment
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Index
Index
o f Persons

99.6
102.1
105.4
109.3
115.3
117.9
119.4

BANKING ACTIVITY___________________ ______________________ SPENDING
Unemployment
Rate
Seasonally
Adjusted

102.7
105.4
109.1
113.7
120.2
123.I f * .4

94.0
96.3
99.0
101.7
107.4
108.4
107.3

5.4
4.7
4.0
3.5
3.3
3.4
3.5

T otal Loans =/
Seasonally
Llllo n s
Adjusted
Index
f D o lla rs

Bank Deposits =/
Seasonally
Adjusted
M illio n s
Index
o f D o lla rs

122.4
131.7
143.6
162.7
179.9
183.8
191.9

Check Payments
Seasonally
M illio n s
Adjusted ,
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
2QL.3
226.0
247.0

862
860
666
871
876
891
883
877
889
886
887
893

117.5
117.8
U 7 .7
117.1
117.7
118.1
117.6
118.0
118.4
118.5
118.4
118.5

567
567
572
581
583
595
589
582
594
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
106.9
106.8
108.1
106.2
107.7
108.8
107.8
106.9
106.1
106.6

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
187.0
187.2
186.2
186.2

3,331
3,253
3,270
3,296
3,331
3,3 m
3,366
3,356
3,625
3,692
3,536
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
6,16?
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.*
221.8
222.4
217.5
224.9
231.3
234.2
231.4
231.9
233.6

867
863
874
886
887
900
900
895
900
899
900
906

118.3
118.3
118.6
119.0
119.1
119*2
H 9 .9
120.3
119.9
120.3
120.0
120.1

578
579
585
595
596
604
605
603
605
607
609
614

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
IO6.3
106.8
107.4
107.3
107.9
108.0

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
2,161
2,194
2,216
2,274

188.8
I89.O
I 8 9 .I
191.0
191.8
190.6
189.4
189.9
190.1
194.2
197.8
201.0

3,621
3,527
3,682
3,650
3,685
3,680
3,513
3,553
3,586
3,630
3,716
3,810

148.9
149.4
1*8.7
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
8,180
7,761
8,100.
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

892
878
895
905
895
906

121.7
120.3
121.5
121.5
120.2
1200

600
602
603
612
614
618

903

1 2 0 *3

609

105.1
107.3

3.1
2.9
3.1
3.1
3.5
4.0
3.8

899
908
909
909
911

120.9
120.9
121.6
121.2
120.6

1 0 9 .0

3 .9

617
619
622
625

129.5
129.9
129*0
129.3
129.7
128.5
127.6
127-7
129.2
129.9
13P*2
130.0

106.5
107.1
105.4
104.4

3.8
3.6
3.7
4.1

2,334
2,301
2,285
2,296
2,324
2,369
2,432
2,419
2,403
2,379
2,360
2,424

206.2
207.8
206.7
206.8
209.0
211.6
214.8
213.6
211.6
210.5
210.4
214.1

3,882
3,696
3,596
3,602
3,626
3,558
3,539
3,466
3,663
3,509
3,512
3,603

159.5
156.5
153.6
154.0
15*. 0
151.7
150.1
147.3
146.0
147.2
145.9
1*7.3

9,686
7,763
8,841
8,944
8,562
9,206
9,170
8,229
9,299
9,929
8,352
10,439

272.6
271.1
271.9
271,1
269.7
269.O
274.2
285.7
289.2
290.4
288.2
286.1

1968
Jan.
Fbb.

Mar.
A p r.

May
June

July
Aug.
S ep t.

Oct.
Nov.
Dec.
1969
Jan.
FSb.

Mar.
Apr.
May
June
JUly
Aug.
Sept.
Oct.
Nov.
Dec.




604

1 0 7 .6

107.9
107.9
106.9
106.6

108.2
103.5
108.3
107.9
1 0 3 .8

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Ad justed

1957-59=100

Total Payroll Enployneat

1957-59=100 1957-59=100

Total L o u s

Eight Central Mississippi Va lle y
Metropolitan Areas
1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320

Year Ending
December 1969
Area
Summary U.S.

300
280
260

Total Payroll Employment
Total Deposits

240

Check Payments

+0.6

+2.6

— 0.1

— 2.2

+5.7

+13.0

220

200
180

Spending
Seasonally Adjusted

160 1957-59=100
400

1957-59=100
400

Check Payments

240 360

360

220 320

^ ------ --

200 280

280

U.S.
____X

180 240

240

METROPOLITAh1AREAS

160 200




1968

1969

1967

1968

1969

’’‘Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

200
160

140 160
1967

320

■1 1 M 1 1 1 1 1 1

111 1 1 1 1 1 1 11

1 1 1 - L i l l i 111.

1967

1968

1969

P r e p a r e d by F e d e r a l R e se rv e B ank of St. Lo u is

120

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted

Total Loans

St. Louis
Metropolitan Area

1957-59=100

340

340

320

320

300

300

Year Ending
December 1969

280

St. Louis

__

y

280

*

^

260

260

220 —

’■

^

240

^
------------

200

Check Payments

+0.4

+2.6

— 5.6

— 2.2

+4.8

+13.0

200

ST.LC)UIS _____

180
l 1111 11 111 1

U.S.

220

180
160

Total Payroll Employment
Total Deposits

u s . ______^

240

Percentage Change
Seasonally Adjusted Index

Spending
Seasonally Adjusted

1 1 1 1 11 1 1 111

11 1 1 1 1 I I 1 1 1

Total Deposits

160 1957-59=100
400

1957-59=100
400

Check Payments

240 360

Per Cent

Per Cent
10 220

Unemployment Rato

10

8

220 320

200

------ —
■

U.S.

___ ___

160

ST. LOUIS

II 1 1 1 1 1 11 1 1

1 1 1 1 1 1 1 1 1 11

1967

1968

1969




ST.LOU IS

^

140

i i 1i i 1i i 1i i

120

-------_____ '

200 280

U.S.

180 240

180
U.S.

360

11111 11 111 1

I i 1I 11i l 1i i

l 1 1l 11 11111

1967

1968

1969

’“Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

^

^

0*

y N ,.

*

320
280
240

ST.LOUIS

160 200

200

140 160

160

120 120

I i 1i i 1i i 1i i

I I 1I l 1I i 1I i

1111i 111111

1967

1968

1969

P r e p a r e d by F e d e r a l R e se rv e B a n k of St. Lo uis

120

Louisville Metropolitan Area

Annual
Averages

Tbtal P a y ro ll
Employment
Seasonally
Thousands Adjusted
o f Persons Index

1962
1963
1964
1965
1966
1967
1968

MANPOWER: UTILIZATION
Nonmanufacturing
Manufacturing
Employment
Employment
Seasonally
Seasonally
Adjusted
Adjusted
Thousands
Index
o f Persons
Index

101.0
103.5
1 «7 .0
111.5
116.2
122.7
128.0

BANKING ACTIVITY
Unemployment
Rate
Seasonally
Adjusted

10*.4
106.7
110.*
11*.3
118.2
123.5
127.9

95.2
98.1
101.2
106.*
112.8
121.2
128.2

5 .*
4.8
4.1
3.5
3.0
3.0
2.6

T otal Loans
Seasonally
Adjusted
Index

M illio n s
o f D olla rs

SPENDING
Bank Deposits ^
Seasonally
Adjusted
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
Seasonally
Adjusted
Index
2/

M illio n s
o f D ollars

111.0
126.2
1*0.0
156.1
173.3
181.8
205.5

111.6
116.6
123.1
134.2
141.0
154.3
171.0

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept
Oct.
Nov.
Dec.

288
288
289
293
298
300
300
301
302
302
308
310

120.3
121.0
121.2
121.3
122.0
122.4
123.0
123.3
123.2
123.9
125.2
125.3

182
182
184
189
193
194
193
193
194
193
194
196

121.3
121.7
122.0
122.7
123.2
123.5
123.3
124.1
124.7
124.5
125.0
125.9

118.8
119.8
119.9
118.8
120.0
120.6
121.7
121.3
120.6
122.9
125.6
12*. 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
608
614
621
65*

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

I 4 I .3
l-o .3
148.8
150.5
153.3
1 5 -.3
1?5.1
156.9
159.5
1 6 0 .;
162.5
163.7

1,786
1,497
1,673
1,550
1,742
1,817
1,770
1,746
1,708
1,781
1,7 -3
1,921

17*.2
173.2
17*.3
175.5
131.3
183.7
185.0
187.0
186.4
135.5
185.3
190.5

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

299
301
302
305
312
314
313
317
318
304
323
325

125.3
126.5
126.8
126.2
127.8
128.2
128.3
129.7
129.8
125.0
131.*
131.0

189
190
192
196
199
201
199
201
200
200
202
202

125.7
126.9
126.9
127.2
127.*
128.0
127.*
128.9
128.*
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
13*.0
133.9

2.6
2.5
2.5
2.8
2.7
2.7
2.8
2.8
2.7
2 .*
2.4
2.3

667
6*0
615
629
6*9
65*
677
680
673
699
709
7*2

218.3
217.5
215.5
219.0
225.9
225.6
229.5
233.5
230.1
238.5
2*1.6
2*3-9

1,180
1,138
1,108
1,097
1,125
1,128
1,1*8
1,158
1,156
1,184
1,202
1,300

163.7
165.*
166.0
166.1
167.8
168.0
169.9
17*. 0
172.8
175.9
178.2
184.3

2,101
1,783
1,753
1,855
1,9*2
1,8*6
2,176
1,937
1,89*
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.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

316
319
323
327
330
33*
337
33*
33*
337
3?*
325

132.*
133.6
1 35 .*
135.3
135.3
136.*
137.8
136.*
136.*
138.6
131.8
131.2

19*
196
199
20*
207
211
212
212
212
21*
215
217

129.3
130.7
131.8
132.5
132.*
13*.1
135.7
136.0
136.3
138.3
138.6
139.1

137.8
138.7
1*1.6
1*0.3
1*0.3
1*0.3
1*1.6
137.3
136.7
139.2
120.1
117.5

2.3
2.3
2.1
2.2
2.6
3-0
3-1
3.1
3 .*
3.0
3-0
2.9

737
711
712
728
736
759
786
778
780
801
824
87*

2*1.1
2*1.6
2*9.2
252.7
256.0
261.9
266.3
267.0
266.8
273-3
280.6
286.2

1,309
1,227
1,21*
1,226
1,235
1,239
1,2*7
1,230
i,??5
1,257
1,27 ’
1,35**

181.6
178.*
181.7
185.5
183.8
18*.5
184.7
184.5
183.1
186.8

2,296
1,93*
2,0*2
2,096
2,152
2,306
2,350
2,089
2,160
2,390
2,056
2,617

221.7
221.0
224.0
226.2
232.5
236.5
236.2
23*.0
23*.0
234.0
?3«.9
?36.6




189.1
191.9

Manpower Utilization

Banking Activity

Season ally Adjusted

1957-59=100




Totil Payroll Employment

Louisville
Metropolitan Area

Seasonally Adjusted

1957-59=100 1957-59=100

Totil Loans

1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320
300

Year Ending
December 1969

280

Louisville

260
240

U.S.

Total Payroll Employment

+0.2

+2.6

Total Deposits

+4.1

— 2.2

Check Payments

+9.4

+13.0

220
200
180

Spending
Seasonally Adjusted

160 1957-59=100
400

Check Piymenfs

1957-59=100
400

240 360

360

220 320

------ 320

200 280

280

U.S.

180 240
160 200

240

____ ^

200

""^LOUISVILLE

140 160

160

120 120 1111111 111 1 111ii 1ii 111 ' ' 111111111 120
1967

^Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

1968

1969

P re p a r e d by F e d e r a l R e s e rv e B a n k of St. Lo u is

Memphis Metropolitan Area

Annual
Averages

T otal P a y ro ll
Employment
Seasonally
Thousands Adjusted
o f Persons Index

1962
1963
1964
1965
1966
1967
1966

MANPOWER l/flLIZATION
Manufacturing
Nonnanufacturing
Employment
Employment
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Index
o f Persons
Index

106.1
109.lt
113.0
117.7
125.3
131.3
135.6

BANKING ACTIVITY
Unemployment
Rate
Seasonally
Adjusted

106.6
110.4
114.2
119.2
125.9
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

Total Loans i /
Seasonally
M illio n s
Adjusted
o f D o lla rs
Index

SPENDING

Bank Deposits i /
Seasonally
M illio n s
Adjusted
o f D o lla rs
Index

137.9
157.2
184.0
194.5
204.0
219.8
240.2

Check Payments
Seasonally
M illio n s
Adjusted
o f D olla rs
Index ! /
128.8
150.9
160.1
170.3
189.3
199.9
223.9

129.9
144.5
167.3
171.6
177.8
197.3
212.0

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
S ept.
Oct.
Nov.
Dec.

2U3
243
246
247
247
248
250
253
256
255
256
257

130.1
130.5
131.0
130.6
130.1
129.6
130.7
132.3
132.5
132.6
132.8
133.1

187
186
189
189
191
193
194
191*
197
197
198
199

130.0
130.3
130.8
130.6
130.9
131.8
131.7
131.9
132.9
133.0
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
791
815
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
1,250
1,275
1,268
1,305
1,350
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
199.0
197.4
200.7
202.6
196.2
189.1
193.3
204.0

1966
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
S ep t.
Oct.
Nov.
Dec.

250
251
253
254
257
259
259
260
261
262
265
266

133.7
134.6
134.6
134.6
135.8
135.6
135.7
135.8
135.5
136.4
137.0
137.7

193
193
195
195
198
199
199
200
201
201
203
205

134.2
135.4
135.3
135.0
135.8
135.7
135.5
136.0
135.4
136.3
136.8
137.6

132.3
132.0
132.3
133.2
135.7
135.0
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
1,339
1,338
1,345
1,365
1,397
1,450
1,480

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
1,806
2,000
1,932
1,965
1,774
2,oe3
i ,9 7 i
1,885
2,109
2,041
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.
Apr.
May
June
July
Aujj.
Sept.
Oct.
Nov.
Dec.

260
261
261
26**
26*4
268
268
268
268
269
268
269

139.3
140.0
138.9
139.8
139.3
140.3
140.6
140.3
138.9
139.9
138.7
139.1

200
200
201
202
203
206
207
207
207
209
209
210

139-4
139.8
138.8
139.9
139.2
140.3
140.6
140.7
139.7
141.1
140.3
1*1.0

138.6
140.7
139.1
139-3
139.5
140.0
140.5
138.9
136.4
135-7
133.4
133.0

2.6
2.3
2.7
2.7
2.9
3.1
3.0
3.0
3.0
3.2
3.2
3.2

90-5
912
908
909
915
919
919
915
915
91?
913
95**

236.6
243.3
244.7
2*+8.7
253.2
252.0
253.5
251.8
252.2
248.2
235.7
2*47.3

1,463
1,375
1,376
1,383
l,3 8 l
1,358
1,344
1,342
1 ,3 -6
1,363
1,382
1,422

221.3
214.9
217.0
218.3
221.4
213.8
210.3
211.4
208.6
207.7
206.0
211.0

2,236
1,879
2,039
2,210
2,101
2,157
2,167
1,992
2,139
2,390
2,21*4
2,568

237.4
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0
231.6
237.8




Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted

1957-59=100

Tptll Payroll Eephtyaul

1957-59=100 1957-59=100

Total Loirs

Memphis
Metropolitan Area

1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320
300

Year Ending
December 1969

280

Memphis

260

Total Payroll Employment
Total Deposits

240

Check Payments

U.S.

+1.0

+2.6

— 4.0

— 2.2

+7.1

+13.0

220
200
180

Spending
Seasonally Adjusted

160 1957-59=100
400

Clieck Payments

1957-59=100
400

240 360

360

220 320

---- —

200 280

280

u.s.

240

180 240
160 200

200

MEMPHIS

160

140 160
1967




1968

1969

1967

1968

1969

"‘Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

320

■i1ii1ii1ii

1967

111.1,
1111111 ii1111ii1ii 120
1968

1969

P re p a r e d by F e d e r a l R e se rv e B a n k of St. Lo uis

Little Rock Metropolitan Area

Annual
Averages

Total P a y ro ll
Employment
Seasonally
Thousands Adjusted
Index
o f Persons

MANPOWER UTILIZATION
Manufacturing
Nonmanul'actu r ing
Employment
Employment
Seasonally
Seasonally
Adjusted
Adjusted
Thousands
Index
Index
o f Persons

113.0
119-2
12*+. 2
130.5
137.*
1U1.0
143.1

196?
1963
196'+
1965
i960
1967
1968

BANKING ACTIVITY_______________________
Unemployment
Hate
Seasonally
Adjusted

112.3
118.6
123.1
129.1
133.6
139.2
141.0

114.8
121.2
128.3
135.7
143-9
147-9
151.2

3-7
3-3
3.0
2.8
2.5
2 .8
2.7

T otal Loans -1/
/
Seasonally
Adjusted
M illio n s
Index
o f D ollars

Bank Deposits ^
Seasonally
M illio n s
Adjusted
o f D ollars
Index

167.0
192.6
221.7
259.0
282.7
299.2
318.3

________

SPENDING___________

Check Payments
Seasonally
M illio n s
Adjusted
o f D ollars
Index
128.3
157.7
164.1
183.4
206.3
214.3
239.1

126.3
136.8
146.7
160.7
1 73 0
186.1
200.0

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

11?
112
U-3
HU
11 *
HY
116
H7
118
117
117
113

139.6
140.2
1U0.1
1U0.U
iuo.->
1U0.U
139.8
1U1.2
141.3
1U2.2
142.4
1U3.2

88
88
89
90
90
92
92
93
93
92
92
93

138.2
138.6
138.2
133.6
138.0
138.9
137.7
139.4
140.1
140.3
l*+0.141.1

145-3
146.6
147.8
147.6
146.4
I46.6
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
2*J
259
237
233
257
260
2>:<
236

290.3
295.2
296.3
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
131.6
184.1
135.5
136.9
137.5
133.2
183.9
191.1
191.2
139.5

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
213.6
219.3

1968
Ja:..
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

113
115
116
116
116
119
120
120
113
117
H7
117

142.1
1UU.4
1U3.3
143.1
1U2.8
143.6
144.0
14U.0
1U2.6
142.4
1U2.U
141.9

89
90
91
91
91
94
93
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
2.3
2.5
2.5
2.4
2.4
2.6
2.8
2.9

263
260
238
264
265
269
270
276
274
282
286
292

303.3
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
19*+ .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
63^

223.4
226.2
235.7
235.6
23^.8
230.7
237.9
254.0
255.3
250.5
241.3
246.0

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

116
116
117
117
118
122
122
122
121
121
121
120

145.1
145.0
1UU.5
1UU.9

91
91
91
91
92
94
95
94
94
94
94
93

143.2
142.9
141.0
141.2
141.3
142.2
141.6
140.8
142.0
142.6
143,2
141.9

152.3
1.53.4
158.4
159.0
162.1
164.7
166.9
165.8
163.6
164.1
164.6
161.0

2.1
2.4
2.5
2.6
2.3
2.3
2.5
2.5
2.4
2.4
2.6
2.9

294
283
287
294
299
302
313
312
311
318
321
311

342.8
334.1
342.7
347.2
350.7
352.9
367.6
364.4
368.6
372.1
376.4
363.8

502
471
467
474
474
466
470
471
474
492
504
512

215.2
207.8
207.1
207.3
209.4
206.0
204.9
206.6
209.4
214.9
217.0
220.3

697
558
563
645
581
652
666
619
663
679
590
727

255.1
251.8
254.6
247.7
258.1
257.7
268.9
274.9
271.6
2 & «2
259-2
262.1




1**5*5
1U6.7
1U6.8
145-9
1U6.3
1U7.0
IU 7 .6
145.8

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Enployoont

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
December 1969

320

Little Rock

300
280

U.S.

Total Payroll Employment

+2.7

+2.6

Total Deposits

+1.0

— 2.2

Check Payments

+6.5

+13.0

260
240
220

Spending
Seasonally Adjusted

200 1957-59=100
400

Chock Payments

1957-59=100
400
360

240 360
220 320

/

200 280

--------

280

U .S.

240

180 240
LITTLE ROCK

160 200

200

160

140 160
1967




1968

1969

1967

1968

1969

'‘‘Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

320

J

L.J i 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1

1967

1968

1969

P r e p a r e d by F e d e r a l R e se rv e B ank of St. Lo uis

120

Evansville Metropolitan Area
Total P a y ro ll

Annual
Averages

Seasonally
Thousands Adjusted
o f Persons Index

1962
1963
1964
1965
1966
1967
1968

MANPOWER UTILIZATION
Nonmanufacturing
Manufacturing

Thousands
o f Persons

97-1
101.3
107.1
111.8
117.9
120.6
122.7

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
S ep t.
Oct.
Nov.
Dec.

83
82
83
82
84
86
87
86
86
86
86
87

120.1
119-2
119.1
117.4
118.9
120.3
12.1.9
121.9
121.6
121.6
122.3
122.9

50
50
50
-9
50
52
52
53

lffx i
Jan.
r'eb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

8p
86
86
87
87
85
85
87
37
87
86
87

123.0
124.3
123-9
123.9
123-3
119.9
120.2
122.6
122.6
122.9
122.5
122.9

51

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

86
86
86
86
87
88
88
88
87
87
87
88

124.0
124.3
123.8
122.6
122.9
123.5
123-6
124.2
123.2
122.9
123.8
123.6




&

53
;3
-;3

52
53
;3
54
54
54
54
54
54
54

52
52
52
53
53
54
54
55
54
54
54
54

Seasonally
Adjusted
Index

BANKING ACTIVITY
Unemployment
Rate

Total Loans ^
Seasonally
M illio n s
Adjusted
o f D ollars
Index

SPENDING

Bank Deposits ^
Seasonally
M illio n s
Adjusted
o f D ollars
Index

Check Payments
Seasonally
M illio n s
Adjusted
o f D ollars
Index

Seasonally
Adjusted
Index

Seasonally
Adjusted

102.2
106.0
112.0
114.9
118.4
121.2
125-7

39.5
94.3
99.8
107.1
117.0
119.7
118.2

4.9
4.0
3.6
3.5
2.9
3-5
3.3

120.3
120.3
119.4
117-3
119.1
120.6
i22.2
122.2
122.7
122.9
123.2
123.9

119.6
117.5
118.6
H 7 .5
118.6
120.0
121.1|
121.4
120.0
119.6
121.1
121.4

3.4
3.?
3.6
■*.0
+ .2
3-5
3-2
3.4
3 .*
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
212.8
212.8
212.9
213.0
213.9

292
286
289
301
307
311
316
314
313
319
327
330

l6*+. 164.3
165.9
170.6
171.9
174.4
176.8
179.6
180.2
182.7
184.0
183.8

404
352
382
337
388
398
396
388
360
402
392
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

123.9
125.1
126.0
126.0
126.2
126.0
126.5
125.5
125.8
125-5
125.8
125.8

121.3
123.2
120.7
120.7
118.9
110.7
110.7
113.2
117.9
118.9
117.5
118.6

3.3
3-?
3.3
3.1
3.2
4.1
3.6
3.1
3.2
3.2
3.5
3.2

205
201
204
208
213
212
215
220
225
226
225
224

211.8
209.8
211.7
213.4
215.1
214.4
217.6
223.4
228.3
231.6
227.5
227.8

331
326
332
335
342
337
341
337
342
346
355
364

186.1
187.6
190.3
190.0
190.9
139.0
191.1
192.3
195.8
197.7
199.8
202.7

447
362
387
405
407
369
505
375
399
461
393
410

182.8
183.2
190.6
190.1
186.1
191.3
189.8
199.1
198.8
201.4
197.4
189.4

126.7
126.2
125.3
125.1

120.0
121.4
121.4

3.1
3.4
3-3
3.4
3-5
3.8
3.6
3.5
3.7
3.6
3.6
3.9

224
228
232
234
238
?4o
246
238
24i
247
248
248

231.1
237.9
241.8
240.3
239.5
242.9
-49.3
239.6
;;43.o
25?.3
251.3
252.9

206.6
201.8
201.7
201.5
200.8
205.2
204.6
203.8
206.4
208.0
207.4
211.5

484
356
394
431
+04
417
485
384
427
46388
460

189.9
189.9
197.3
198.5
197.0
196.3
194.9
204.1
203.8
265.6
202.8
200.9

m
125.5
126.5
126.2
126.0
126.2
126.5

118.9
118.9
121.8
120.7
120.7
118.6
118.2
120.0
1190

123.8
134.3
153.6
173-1
190.2
207.2
219.4

120.9
127.9
138.9
146.9
160.7
174.9
192.8

:m

3.V.:
33?.
\YM)

360
365
365
357
361
3'9
381

112.9
119.7
131.2
150.2
161.7
179.9
191.5

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted

1957-59=100

Total Payroll Enployneal

1957-59=100 1957-59=100

Total Loans

Evansville
Metropolitan Area

1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320
300

Year Ending
December 1969

280

Evansville

260
240

U.S.

Total Payroll Employment

+0.6

+2.6

Total Deposits

+4.3

— 2.2

Check Payments

+6.1

+13.0

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.

^

280

'

180 240

240
————

EVANSVILLE

160 200

200

160

140 160
1967




1968

1969

1967

1968

1969

^Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

11111111111

i i 1i I 1i i 1i i

1 1 1..1 1 1 1 1 1 1 1..

1967

1968

1969

P re p a r e d by F e d e r a l R e s e rv e B ank of St. Lo uis

120

Springfield Metropolitan Area

Annual
Averages

T otal P a y ro ll
Employment
Seasonally
Thousands Adjusted
ol' Persons Index

MANPOWER UTILIZATION
Manufacturing
Nonmanufacturing
Employment
Employment
Seasonally
Seasonally
Thousands
Adjusted
Adjusted
Index
Index
o f Persons

110.6
110.3
115.1
120.7
126.2
132.6
140.4

1962
1963
1964
1965
1966
1967
1968

SPENDING

BANKING ACTIVITY
Unemployment
Rate
Seasonally
Adjusted

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

Total Loans - /
Seasonally
M illio n s
Adjusted
o f D o lla rs
Index

Bank Deposits ^
Seasonally
M illio n s
Adjusted
Index
o f D ollars

142.1
158.4
174.4
190.3
210.0
254.5
306.5

Check Payments
Seasons]13
M in io n s
Adjusted
o f D ollars
Index
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
Jem.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

48
48
49
49
49
50
50
50
50
51
50
52

129.5
131.0
131.0
129.9
131.1
132.4
133.4
133.8
134.0
134.5
133.7
137.0

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
126.7

1^8.3
150.4
149.8
145.5
148.2
150.0
152. «.
155.7
154.4
15^.8
I5 I.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
93
102
10-.
109
no
no
n2

165.3
166.5
166.6
171.6
178.2
185.3
139.8
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
21-.7
227.2

1968
Jar..
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

51
51
51
52
53
52
52
53
53
5*
55
55

137.8
137.9
138.2
139.4
139.6
138.9
138.5
140.2
141.2
143.6
144.9
144.7

36
36
37
37
37
37
36
37
37
38
38
38

129.0
129.4
129.0
129.5
128.9
128.3
127.5
128.5
123.7
130.3
131.8
132.4

166.2
165.4
168.0
171.5
174.2
173-3
174.3
178.1
131.6
186.7
187.5
184.4

2.9
2.8
2.9
2.8
2.8
3.0
3.7
2.9
2.3
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
306.3
319.9
320.9
331.1
333.0
334.0

111
113
116
114
113
113
116
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
296
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

54
53
53
53
53
54
53
54

145.5
145.1
141.9
141.5
141.7
144.6
14P.5
144.3
146.9
146.4
144.5
144.8

38
37
38
3§
38
39
38
38

133.5
133.5
133.1
132.6
132.7
135.3
132.5
133.4
134.9
135.5
134.8
13;.7

184.2
182.5
170.2
170.
170.8
174.8
174*7
179.?
182.8
l8 j .8
176.0
174.2

2.4
2.2
2.2
3.9
3.6
4.1
4.0
4.3

68
69
70
72
71
73
76
78
80
78
77
77

321.4
351.0
346.1
346.6
3'*1.7
359-2
363.1
374.8
385.4
374.8
371.8
330.1

108
122
122
123
124
124
126
126
128
126
12122

226.8
233.1
231.2
235.5
238.9
234.2
234.0
234.0
232.4
229.6
224.6
220. }

307
242
270
282
268
296
318
289
314
3:7
27«
31o

263.0
239.9
261.1
259*1
262.5
262.7
26 4.7
266.6
268*4
270.4

1969
Jem.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

55
56
55K
55S

E - estimated




39
39
39E
39E

3.1
3-1
3 .3.3

273.5
275.5

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted




1957-59=100

Total Loans

Springfield
Metropolitan Area

1957-59=100

400

400

380

J

360

A ,
/ V

Percentage Change
Seasonally Adjusted Index

380

Year Ending
December 1969

360

340

340

320

320

Total Payroll Employment

300

Total Deposits

280

Check Payments

300

SPRINGFIELD

,-- /

280

*

260

+2.6

— 3.0

— 2.2

+5.7

+13.0

260

U.S.

240

240
220

+0.1

/

Spending

220

1 11I 1 11 1 11 1

1 1 1 1 1 1 1 1 1 1 1 ,1 1 1 1 1 1 1 1 1 1 1

Total Deposits

Seasonally Adjusted

1957-59=100
400

Check Payments

1957-59=100
400
360

280 360

320

260 320
"
U.S.

240 280
220 240

______ y
__

1967

1968

1969

"‘Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

280
240

SPRINGFIELD

200 200

200

180 160

160

160 120

1 1 1 1 J 1.1 1 1,1 1

1 1 11.i i 1 1 1 1 1

i l 1i i 1i i 1l l

1967

1968

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

Fort Smith Metropolitan Area
T otal P a y ro ll

Annual
Averages

Seasonally
Thousands Adjusted
Index
o f Persons

1962
1963
1964
1965
1966
1967
1968

MANPOWER UTILIZATION
Manufacturing
Nonmanufacturing
Employment
Employment
SeasonallySeasonally
Adjusted
Adjusted
Thousands
Index
Index
o f Persons

118.1
126.0
129.2
132.9
139.2
142.8
143-3

SPKKJ1S3

3ANK1NQ ACTIVITY
Unemployment
Rate
SeasonaJ
Adjust*

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

Total Loans - ! _______
Seasonally
Adjusted
.lions
D ollars
Index

3ank Deposits ) J
Seasonally
Adjusted
M illio n s
o f D ollars
Index

142.8
160.7
180.4
200.4
208.4
208.3
213.8

__________Jheck Payments
Seasonally
M illio n s
Adjusted
Index.
f
o f D ollars
136.7
150.9
160.2
153.2
171.9
189.2
203.3

133.9
146.0
160.6
168.2
I69.O
174.9
182.8

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

40
40
41
42
42
42
43
'*3
43
43
43
43

139.3
140.2
1 -1 .0
141.1
142.3
143-3
143.7
144.2
144.3
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
1^3.4
155.7
156.9
157.9
160.5
162.7
165.1
164.2
165.2
168.2
166.9

5.6
5.5
■->.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
207.6
208.4
208.6
207.8
207.6
207.5
207.5
208.4
209.7
209.5
208.9

114
110
m
111
no
113
117
n6
117
118
119
121

170.2
169.3
170.8
172.3
172.5
173.5
176.2
177.2
178.7
179.2
179.5
179.6

173
141
166
146
1;9
168
165
164
154
169
162
164

188.6
193.3
183.?
182.6
183.9
187.6
189.6
186.3
191.0
190.2
193.5
194.4

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

41
42
42
42
42
42
42
42
43
43
43
43

143.0
144.0
I 4 3 .2
142.9
142.5
141.7
142.9
142.7
143.6
143.6
144.3
144.7

27
27
27
28
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

164.0
164.2
164.1
164.5
166.1
165.5
170.7
170.2
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
73
78
79

209.2
210.3
209.7
210.6
212.8
213.6
214.2
214.2
214.7
217.8
218.7
219.5

120
117
n8
117
120
n8
117
120
120
123
124
126

178.9
180.4
182.3
161.9
186.6
181.4
177.3
I83.O
183.7
185.5
186.2
186.7

180
151
158
167
177
157
193
179
170
192
175
193

195.5
193.6
189.7
194.0
194.5
200.6
202.6
208.7
212.5
210.9
216.5
216.4

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

43
43
43
43
44
43
44
43
44
**3
43
43

147.4
147.4
147.2
146.9
147.6
146.9
147.0
143.9
14 5.5
145.1
145.0
144.8

27
27
27
27
27
27
27
27
27
27
27
27

131.8
131.9
130.6
130.0
129.9
130.3
130.4
130.4
128.8
128.6
129.9
128.8

183.8
183.4
186.1
186.3
188.9
185.6
185.8
175.6
18 4*4
183.6
180.2
181.9

4.9
5.1
5.3
4.6
4.6
4.5
4.2
4.8

S

223.1
226.2
227.9
228.7
229.2
229.2
236.5
244.0
246.0
250. J
250.4
252.9

126
123
122
123
124
125
127
128
127
129
132
133

187.9
189.O
187.9
189.6
194.3
192.5
191.4
196.1
193.9
194.2
198.1
197.7

196
1?8
18?
164
182
193
213
186
198
210
180
210

217.8
215.3
212.0
212.7
2l7..o
223.9
2 M .7
229.3
234.3
231.3
232.8
227.9




4.5
4.6
4.7
4.6

81
82
83
84
86
88
88
90
90
91

Manpower Utilization

Banking Activity

Seasonally Adjusted

1957-59=100

Total Payroll Employment

Fort Smith
Metropolitan Area

Seasonally Adjusted

1957-59=100 1957-59=100

Total loans

1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320
300

Year Ending
December 1969

280

Fort Smith

260
240

U.S.

Total Payroll Employment

+0.1

+2.6

Total Deposits

+5.9

— 2.2

Check Payments

+5.3

+13.0

220

200
180

Spending
Seasonally Adjusted

160 1957-59=100
400

Check Payments

1957-59=100
400

240 360

360

220 320

--------

200 280

160 200

X




1968

1969

1967

1968

1969

"‘Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

"

240

'

200
FORT SMITH

140 160
1967

280

U.S.

180 240

320

160

1111111 1111

i i 1i i 1i i 1i i

1 11 1 11 1 1 i 1 1

1967

1968

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. Louis

120

Pine Bluff Metropolitan Area

Annual
Averages

Total P a y ro ll
Employment
Seasonally
Thousands Adjusted
oT Persons Index

1962
1963
1964
1965
1966
1967
1968

MANPOWER UTILIZATION
Manufacturing
Nonmanufacturing
Employment
Employment
Seasonally
Seasonally
Adjusted
Adjusted
Thousands
o f Persons
Index
Index

111.6
117.0
124.2
134.3
141.8
144.2
146.3

BANKING ACTIVITY____________________
Unemployment
Rate
Seasonally
Adjusted

108.b
114.6
123.7
13b.7
I 4 b .l
147.9
lb 0 .2

120.8
123.7
12b .6
129.9
132.3
133.3
13b.2

6.8
b-6
4.4
4.0
3.6
**.0
4.0

Total Loans i/
Seasonally
M illio n s
Adjusted
o f D ollars
Index

Bank Deposits i/
Seasonally
M ill ions
Adjusted
Index
o f D ollars

____________ SPENDING
Check Payments
Seasonally
Adjusted .
Index y

M illio n s
o f D ollars

128.1
141.7
lb ? .7
165.0
183.8
197.3
203.4

ib ? .b
182.0
21b.2
244.5
2b6.b
27b. b
29b .6

129.4
140.8
148.6
162.0
176.9
192.9
203.8

1967
Jan.
Feb.
Mar.
Apr.
May
June
Ju lj
Aug.
Sept.
Oct.
Nov.
Dec.

23
23
24
24
24
24
24
24
25
24
24
24

143.1
143.0
144.4
14** .1
145.0
144.1
14** .1
I 4 5 .I
146.1
142.4
144.0
145.2

18
18
18
18
19
18
18
19
19
18
13
19

146.6146.b
148.b
147.8
148.7
148.1
147-9
148.7
lb O .l
145.6
147.7
148.8

132. b
132.9
132.4
132.9
133.9
132.3
133.2
134. b
134.4
133.0
133.1
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
27b-0
270.9
273.8
277.0
274.2
27b .4
283.2
279.1
273.4
272. b
272.1

115
113
lib
lib
114
114
117
118
121
121
126
128

189.2
190.0
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
180.0
176.6
190.5
208.3

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

24
24
24
24
24
25
24
24
24
25
25
25

146.0
147.2
145.7
145.4
146.0
147.2
1 4 b .9
145.3
144.4
147.1
147.8
148.1

18
18
18
18
19
19
19
19
19
19
19
19

149-3
lb l-3
149.1
148.7
149-9
151.1
150.8
149.8
148.3
150.8
151.1
lb l.7

136.4
13b.2
136.0
13b.a
134.b
13b.9
131.8
132.3
133.0
136.1
138.4
137.4

4«b
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
7b
76
76
77

274.6
279. b
28b.7
288.9
291.4
298.8
300.0
303.7
302.0
307.8
307.0
307.4

123
119
120
119
120
119
118
118
122
123
127
132

202.0
200.8
201.0
201.0
204.1
204.0
202.2
20L.b
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
206.2
lS b.O
177.6
194.8
217.4

25
25
25
25
2*
?5
2b
25
25
2b
2b
2b

151.2
lb l.b
lb l.7
lb 0 .3

19
19
19
19
19
19
19
i>)
19
*■9
19
19

lb b .l
lb b .7
lb b .4
lb 4 .3
lb 2 .8
lb 2 .7
lb 3 .2
L51.2
lb 0 .3
lb 3 .0
lb 3 .9
1?3.9

139.7
139.2
140.8
138.6

3.4
3.6
3.8
3.7
3.7
3.6
3-7
3.6
4.1
4.4
■1.3
- .3

78
79
79
79
79
80
79
76
77
73
79
7i

31b.6
331.6
331.6
329.1
325.0
327.0
326.6
310.7
309.4
319-3
320.7
311-b

126
123
123
123
121
121
118
115
120
l?b
128
127

208.5
207.3
206.3
206.0
206.1
207.5
201.6
196.3
199.3
207.8
206.8
200.6

116
91
107
113
100
109
117
96
119
136
124
1<*6

230.2
223*1
2 * 7 -«
227.2
229.6

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Sept.
Oc:..
Nov.
Dec.




l “9.3
149.0
149.5
148.0
147.4
148.7
149.8
I4 9 .3

139.3
137.9
138.4
138.7
139.0
136.1
137.6
137.9

235.3
233*6
234.0
205..C
192.2
20b>0
224.7

Manpower Utilization

Banking Activity

Season ally Adjusted

Seasonally Adjusted

1957-59=100

Totll LOUS

Pine Bluff
Metropolitan Area

1957-59=100
340

Percentage Change
Seasonally Adjusted Index

320
300

Year Ending
December 1969

280

Pine Bluff

U.S.

+1.1

+2.6

—4.2

— 2.2

+3.4

+13.0

260

Total Payroll Employment
Total Deposits

240

Check Payments

220
200
180

Spending
Seasonally Adjusted

160 1957-59=100
400

Check Piyeents

1957-59=100
400

240 360

360

220 320

--------

280

200 280

u.S.

180 240




1969

1969
’“Beginning with July 1969, loans are reported gross, rather than
net of valuation reserves as done previously.

120 120

\V J
PINE BLUFF

140 160
1968

240

/

160 200

1967

320

1 1 1 11 1 1 1 1 1 1 .1 i l l 1 1 1,1 1 1 1 1 1

1967

1968

200
160

L.l 1 1..L.

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 uis

120

State Summary

Annual
Averages

T ota l
Employment
United
Five
States
States

T ota l P a y ro ll
Employment
United
Five
States
States

MANPOWER UTILIZATION_______________________________________
Nonmanufacturlng
Manufacturing
Unemployment
Employment
Employment
Rate
United
riv e
United
United
riv e
Five
States
States
States
States
States
States

___________________________INCOME
Personal
Income
United
rive
States
States

Farm Cash
Receipts 3/ 4/
Five
United
States
States

1962
1963
1964
1965
1966
1967
1968

102.3
103.6
105.6
108.5
111.5
H 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
121*. 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
5-5
5.0
4.2
3-7
4.0
3.8

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
190.'*

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

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

114.4
114.1
114.0
113.4
113.1
111.9
112.8
113.2
112.6
112.9
113.1
113.5

115-9
115.8
115-4
115-7
115.0
116.0
116.5
116.9
116.8
117.0
117.4
118.1

131.1
131.2
131.2
131.1
131.1
131.1
130.9
131.5
131.8
132.0
132.4
132.8

124.4
124.5
124.6
124.7
124.8
125.2
125.3
125.7
125.7
125.8
126.8
127.1

128.6
128.7
128.9
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

118.2
117.9
117.5
117.1
116.7
116.7
116.3
117.1
116.5
116.5
117.8
118.0

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
i+.O
n.2
3-8
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
169.1
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

1968
Jar..
F eb.
Mer.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

114.0
115.3
114.8
115.0
114.8
115.0
115.0
114.8
115.1
H 5 .5
116.1
116.3

117-5
II8.1*
118.5
118.4
118.8
118.9
118.9
118.9
118.9
118.9
119.5
120.1

132.8
133.6
134.1
134.4
134.7
135.1
135.3
135.6
135.9
136.7
137.0
137.4

127.0
127.9
128.1
128.5
128.6
129.1
129.4
129.6
129.8
130.3
130.7
131.1

130.8
132.0
132.1
132.2
132.5
132.7
133.0
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
118.2
118.3
118.7
118.9
119.2
H 9 .3
119.3
119.4
119.5
119.9
120.2

4.2
3.8
3.8
3.9
3.7
3.8
3.8
3.7
3-8
3.6
3.8
3.5

3.6
3-7
3-7
3.5
3.6
3.7
3.7
3.5
3.6
3.6
3.4
3.3

130.0
183.5
186.0
137.3
190.2
191.7
191.6
192.6
194.3
195.6
195.5
196.9

179.7
181.9
183.9
184.6
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

1969
Jan.
Keb.
Mar.
Ar r .
May
June
July
Aug.
Sept.
Oct,.
Nov.

118.2
118.3
117.1
H 7 .3
116.2
114.7
116.0
115.6
116.1
116.8
116. *♦

120.8
I P I. 6
121.7
121.4
120.9
121.5
121.8
122.3
122.2
122.o
122.6

138.8
138.5
137.6
138.1
137.7
137.6
137.9
138.3
138.3
138.8
136.2

131.8
132.3
132.7
132.9
133.3
133.9
133.8
134.2
134.0
1 3*. p
134.5

136.9
137.0
136.2
136.0
135.9
135.7
135-6
136.2
136.6
137.1
13 .'.2

137.0
137.6
138.0
138.3
138.9
139.5
139.4
139.7
139.7
l*+0.6
1 .1 .0

143.2
142.2
143.3
143.1
141.9
142.1
143.4
143.2
142.S
l ’O .O
1 -0.8

120.5
120.9
121.2
121.2
121.2
121.7
121.5
122.5
121 .7
121.4
120.6

3.3
3.3
3.4
3.6
3.7
3.8
3.7
3.7
3.8
3.7
3.3

3.3
3.3
3.*

197.'*
199.7
201.4
203.5
204.4
203.5
208.4
205.9
209 •a
207.9
N.A.

196.7
198.2
200.0
201.4

393
644
893
1,152
1,423
1,737
2,099
2,4.01
2.7QQ
3,49$
'5,250

3,814
6,820
9,930
13,028
16,317
19,825
23,646
27,520




3*. 5
3.4
3.6
3.5
4.0
3-9
3 -

202.6
204.2
205-7207.4
203.2
209 4
N.A.

m
42,715

Manpower Utilization

State Summary

Seasonally Adjusted

Percentage Change
Season ally Adjusted Index
Year Ending
NOVEMBER 1969
State
Summary U.S.
Total Payroll Employment +0.9
+2.9
Nonmanufacturing
Manufacturing

1967




1968

1969

1967

1968

+1.8

+3.8

— 1.1

+0.6

1969

Income
Seasonally Adjusted

1967

1968

1969

P re p a r e d by F e d e r a l R e s e rv e B ank of St. Lo uis

A rkansas

Annual
Averages

T otal
Employment
Seasonally
Thousands
Adjusted
o f Persons
Index

MANPOWER UTILIZATION___________________________________________
Nonmanufacturing
T otal P ay roll
Manufacturing
Unemployment
Employment
Employment
Employment
Rate
Seasonally
Seasonally
Seasonally
Thousands
Thousands
Adjusted
Adjusted
Seasonally
Adjusted
o f Persons1
Index
o f Persons1
Index
Adjusted
Index

_____________________________________ INCOME
Personal
Income
Seasonally
M illio n s
o f D o lla rs
M illio n s
.
Adjusted
Monthly Rate
Index
o f D olla rs 2/

Farm Cash
Receipts
M illio n s
o f D ollars
Monthly Rate

M illio n s
.
o f D ollars 2!

1962
19^3
1964
196b
1966
1967
1968

585
6oi
607
628
646
656
670

108.0
110.9
112.0
115.9
H 9 .3
121.1
123.7

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
344
352

111.*
116.1
119.*
126.2
132.6
135.2
138.*

122.7
129.4
135.8
145.4
160.3
164.9
170.5

6.7
5.9
5.5
5.2
4.5
* .*
4.4

242
259
281
298
328
344
384

132.5
141.9
154.4
163.7
179.8
I89.O
210.2

2,898
3,103
3,37*
3,581
3,931
*,132
*,603

64
69
75
76
82
76
8?

76?
825
896
910
986
915
985

1967
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

620
627
644
648
661
672
675
677
666
674
665
644

121.7
121.2
121.4
120.8
120.5
119.5
120.9
120.8
121.2
121.5
121.3
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
348
3*7
3*9

13**6
135.0
135.3
135.3
135.3
13*.2
1 3*.0
13*.5
135.7
135.6
135.9
136.*

163.4
164.1
163.9
163.9
164.0
164.5
163.7
165.0
165.9
166.0
166.9
167.8

4.2
4.2
4.4
* .3
4.4
* .5
4.8
4.7
4.6
* .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
189.0
190.4
190.9
190.0
190.1
189.5
189.6
199.0

321
6*3
966
1,288
1,61*
1,959
2,297
2,636
2,985
3,373
3,759
*,132

51
42
38
3*
37
72
*9
*7
73
140
193
139

51
93
131
165
202
27*
323
370
**3
583
776
915

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

617
638
650
660
670
695
687
695
685
693
693
660

121.0
123.0
122.3
122.9
122.6
123.7
123.2
124.1
124.6
125.2
126.1
125.1

486
492
496
503
506
517
516
522
519
520
519
520

144.2
145.5
145.1
145.7
146.0
146.9
147.4
148.1
147.5
148.5
149.0
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
1*0.1
1*0.4

167.*
167.9
168.5
169.7
170.1
169.9
170.7
171.2
171.3
172.4
173.5
173.8

* .7
* .5
* .5
4.6
* .*
* .3
* .3
*•2
* .2
4.1
4.4
* .3

360
3*8
351
358
367
380
370
385
393
444
445
*02

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

46
33
36
38
*2
60
55
53
93
183
206
1*0

*6
79
115
153
195
255
310
363
*56
639
8*5
985

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.

647
656
669
689
702
710
717
713
707
721
717

127.0
126.3
125*?
128.4
128.4
126,5
128.6
127.4
128.4
130.1
130.1

511'
510
516
523
528
535
537
539
537
536
532

151.5
150.8
150.9
151.3
152.4
152.0
153-*
152.9
152.5
152.9
152.7

351
351
355
360
363
36S
369
371
371
369
367

1*2.2
1 *1 .8
1*1.2
1*1 .7
1*2.3
1 *2.9
1*3*1
143.6
143.4
143.6
1*3.6

171 *
175.$
177.6
177.8
lfo j.
178.3
181.9
178.6
177-5
178.7
177.8

3.8
3.9
3.9
4.1
*.Q
4.1
* .*
* .3
4.5
* .3
4.9

385
383
383
393
*Q*
*13
*11
411
*23
*65
N.A.

215.1
220.5
220.7
226.7
233*8
227.5
232.4
228.9
231-3
228.4
N.A.

385
768
1,151
1, 9 &
1,9**8
2,361
2,772
3,183
3,606
*,071
N.A.

50
37
*1
*5
*8
63
68
60
95
177
186

50
87
128
173
221
28*
352
*12
507
684
870







Manpower Utilization

Arkansas

Seasonally Adjusted

Percentage Change
Seasonally Adjusted Index
Year Ending
NOVEMBER 1969
Arkansas U.S.
Total Payroll Employment +2.5
+2.9
Nonmanufacturing

+2.5

+3.8

Manufacturing

+2.5

+0.6

Income
Seasonally Adjusted

Kentucky

Annual
A v erages

1962
1963
1964
196b
1966
1967
1968

T otal
Employment
S e a s o n a lly
Thousands
A d ju s te d
o f P ersons
In dex

MANPOWER UTILIZATION'
Nonmanufac t u r i ng
T o t a l P a y r o ll
Employment
Employment
S e a so n a lly
S e a s o n a lly
Thousands
Thousands
A d ju sted
A d ju ste d
o f P erson s
Index
o f Persons
Index

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

M i llio n s
o f D o lla r s
Monthly Hate

P e rso n a l
Income
S e a s o n a lly
A d ju ste d
Index

M i llio n s
.
o f D o lla r s lu

Farm Cash
R e ce ip ts
M i llio n s
o f D o lla r s
M i ll io n s
.
M onthly Rate
o f D o lla r s y

1,030
1,069
1,080
1,098
1,128
1,090
1,112

104.6
108.5
109.7
111.5
114.5
110.8
113.0

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
IIP . 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.P
3.9

452
478
497
541
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
7,1-3
7,735
8,490

52
54
62
57
60
69
69

627
645
743
687
725
825
825

1,040
1,026
1,052
1,064
1,102
1,122
1,099
1,1 -1
1 ,1 -3
1,121
1,103
1,072

114.0
113.1
112.6
111.4
111.3
109.6
109.6
111.3
109.1
108.7
109.6
109.7

820
816
819
832
841
846
829
8-1
846
8**5
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
604
612
616
599
610
615
61
614
617

127.7
127.7
127.9
128. 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

663
610
597
615
628
637
631
667
6-3
658
609
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
3,113
3,750
4,381
5,0-8
5,691
6,3 -9
7,00.8
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

1,027
1,042
1,060
1,085
1,122
1,15b
1,137
1,137
1,167
1,158
1,142
1,113

112.4
11** .8
113.3
113.6
113.4
112.9
113.2
111.0
111.3
112.5
113.3
113.9

827
837
8** 5
658
871
877
871
875
881
891
893
899

132.*+
13*.4
135.0
135.2
135.7
136.0
136.4
136.6
137.2
138.5
139.1
139.2

593
604
610
62*.
632
634
629
631
636
6*+7
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
I4 5.0
145.0
1 -5 .0
145.9
I45.6
I46.4
146.2

3.9
*..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
I87.O
192.9
193.6
194.8
196.1
197.7
197.1
197.9
198.3
195.8
200.2

683
1,344
2,00.8
2,705
3,404
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
430
511
631
825

1,085
1,070
1,085
1,101
1,119
1,141
1,136
1,152
1,166
1,161
1,119

118.6
118.0
115.9
115.3
113.1
111.6
113.2
112.5
111.1
112.9
111.0

880
878
880
887
888
399
893
894
900
900
882

141.1
140.8
1 -0 .3
139.8
138.4
139.3
139.8
139.7
140.2
140. 0
137.3

632
631
634

138.7
138.2
137.4
137.0
136.1
137.0
137.4
137.7
138.0
137.1
136.7

147.7
1 -8 .3
148.5
147.7
14-+.8
1 -5 .9

3.5
3.5
3.3
3.4
3.6
3.7

755
711
730
741
743
744
767
718
778
788

198.5
200.8
208.5
208.6
206.8
205.9
215.5
201.7
217.0
214.2
N.A.

755
1,466
2,196
2,937
3,680
4,424
5,191
5,909
6,687
7,475
N.A.

109
40
37
41
41
43
50
50
60
83
127

109
149
186
227
268
311
361
411
471
554
681

i2 § l
Jan •
r'eb.
Mar.
A p r.
May
June
J u ly
Aug.
S e p t.
O ct.
Nov.
Dec.

INCOME
M an u facturi ng
Employment
S e a s o n a lly
A d ju ste d
Index

4 .6
4 .4

- .5
4.2
4.1
- .3
4.1

1966
Jan.
r'eb.
Mar.
A p r.
May
June
J u ly
Aug.
S e p t.
O c t.
Nov.
Dec.

4.5
4.1

1969
Jan.
F eb.
Mar.
A p r.
May
June
July
Aug.
;Sept.
Ocl .
Nov.

645

648
65-;
648
651
655
6) 2
648

The declin e in p a y ro ll employment r e fle c t s a s trik e in one o f the major industries.




1 -6 ■5

145.4
146.6
1-8.1
139.2

3 .4

3.5
3.7
3.3
3.7

H ~*k .

Manpower Utilization

Kentucky

Seasonally Adjusted

Percentage Change
Seasonally Adjusted Index
Year Ending
NOVEMBER 1969
Kentucky U.S.
Total Payroll Employment— 1.3
+2.9
Nonm anufacturing
Manufacturing
Nonmanufacturing

160
150
140

U.S.

130
120

1 1 1 1 1 1 1 1 1 11

l i 1 M 1 i I 1 i i

1 1 1 1 1 1 i.i 1 11




1957-59=100
260

1957-59=100
260

150

Personal Income*

+8.0

+8.2

250

250

240

240

140 2 3 0

230

130 220

220

*Year ending: October
Total Employment

U.S.

120

KENTUCKY
1 11 1 11 1 i i

111l 1 111 111

Personal Income

1957-59=100

120 130

160 100 11
Per <
150
8

1969

Income
Seasonally Adjusted

+2.8

170 110

1968

+0.6

— 2.0

180 120

1967

— 4.9

Total Employment

1957-59=100
130 140

KENTUCKY

+3.8

160

140

'_ ir ^

+0.1

1 1 1 1 1 1 1 1 1i 1

210

210

no

2 00

100

190

KENTUCKY

190

lent

Unemployment Rate

8

200

/

180

*

'

180

U.S.

170

140

6

6

170

130

4

4

160

160

120

2

2

150

150

110

0

0

140

1967

1968

1969

— *"

111 1111111 1

1967

j j

1 i 1 1 1 i 1 i i - i i , l i l 1 i 1 1 i ,.j _

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 uis

140

M ississip p i
MANPOWER UTILIZATION________________________________________ _
T o tal

T o tal

P a y r o ll

Em ploym ent

E m ploym ent
s e a s o n a lly

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

Nonm anuf a c t u r i n g
Employment
Thousands

S e a s o n a lly
A d ju s t e r

M a n u fa c t u r in g
Em ploym ent
S e a s o n a lly

R ate

A d ju s t e d
In d e x

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

T housands
o f P erson s

A d ju s t e r
In d e x

Th ousan ds
P erso n s

In d e x

o f P erso n s

In d e x

707
716
723
737
755
755
768

104.0
105.4
106.4
108.4
111.1
111.1
112.9

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

748
747
7^9
752
752
760
756
754
761
762
762
761

112.0
111.8
111.6
111.3
110.8
110.4
110.5
110.6
110.6
110.7
111.3
111.6

522
522
524
529
529
534
532
533
539
539
539
542

139.1
139.2
139.3
136.9
138.6
138.8
139.0
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
137.0

746
750
754
760
766
774
772
774
781
781
780
780

111.6
112.1
112.3
112.4
112.7
112.7
112.8
H 3 .3
113.5
113.6
113.7
114.4

528
532
536
543
548
553
55?
555
561
561
560
562

140.8
141.9
142.2
142.7
143.6
143.8
144.1
144.7
145.?
145.4
1**5.6
145.9

360
363
366
371
375
376
376
376
383
382
382
384

768
769
773
777
782
767
783
783
791

114.8
114.9
115-0
114.8
115.1
114.8
114.5
11 .6
;i 5 - 0
115.0
11 *+.6

551
551
555
559

146.8
140.3
147.0
147.0
147.6
146.1
I46.5
1*7.1
j 47.0
1 -7.9
147.4

374
375
378
38?
38^
38?
383
385
39?
391

141.3
142.1
14 3.0
l--*4.0
144.0

3'-'j

1 -3 .8

m

706




of

563

562
:.)6 1
564
57?
570
5b,'

____________________________________ INCOME

U nem ploym ent

P erso n al
Incom e
M illio n s
of

D o lla r s

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

M illio n s

M o n t h ly R a te

In d e x

o f D o lla r s

6.5
6.2
5.7
4.6
4.2
4.8
4.5

248
274
285
309
346
371
411

129.8
143.0
149.0
161.7
181.0
193.9
214.9

2,979
3,291
3,422
3,712
4,153
4,454
4,934

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
4.9
4.8
4.7
4.5

356
347
347
346
352
361
353
358
370
419
449
396

187.2
191.0
191.0
190.0
190.9
193.4
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

136.9
138.2
138.1
138.4
139.1
139.2
139.7
139.9
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
4,934

142.4
142.4
142.6

157.1
15Y.3
157-5
157.5
159.0
157.7
157-0
156.8
157.3

3.7
3.9
4.1

420
417
417
420
428
hi8
423
428
■*3:>
476

221.7
227.5
??8.2
231.4
232-1
227.8
231.1
231.1
229.7
225.2

420
837
1,254
1,674
2,102
?*530

1 4 2 .6
142

.7

‘*•3
4 .2

4.2

.»

■*.8

1 5 7 .0

*•3

156.0

'♦ .6

;..a .

K .A .

2,953
m

4,292
N .A .

.

2/

795
775
819
751

768

846
75

122

162
198

243
3QL

342
382
429
538
692

768
74

n6
158
197

243
297
344
388
445
603
770
846

71
115

l6o
201
251
307
367
413

&
769

Manpower Utilization

Mississippi

Seasonally Adjusted

Percentage Change
Seasonally Adjusted Index
Year Ending
NOVEMBER 1969
Mississippi U.S.
Total Payroll Employment +1.2
+2.9
Nonm anufacturing
Manufacturing

1967




1968

1969

1967

1968

+2.1

+3.8

— 0.4

+0.6

1969

Income
Seasonally Adjusted

1967

1968

1969

P r e p a r e d by F e d e r a l R e s e r v e B a nk of St. Loui s

Missou ri
MANPOWER UTILIZATION
T o ta l
E m ploym ent
A nnual
A v e ra g e s

1962
1963
1964
1965
1966
1967
1966

T h ou san d s
o f P e rso n s

S e a s o n a lly
A d ju s t e d
In d e x

T o t a l P a y r o ll
Em ploym ent
S e a s o n a lly
T housands
A d ju s t e d
In d e x
o f P e rso n s

INCOME

N o a m n n u fa c t u r ln g
Em ploym ent
Thousands

M a n u fa c t u r in g

P erso n al

Unem ploym ent
R ate

S e a s o n a lly

E m p lo y e e n t
S e a s o n a lly

M illio n s

A d ju s t e d

A d ju s t e d

S e a s o n a lly

o f P erso n s

In d e x

In d e x

A d ju s t e d

o f D o lla r s
M o n th ly R a te

Incom e
S e a s o n a lly
A d ju s t e d
In d e x

M illio n s

3/

of

*

D o lla r s

Farm C ash
R e c e ip ts
M illio n s
o f D o lla r s
M in io n B
M o n t h ly R a t e

of

D o n ars

1,778
1,782
1,813
1,857
1,903
1 ,9 * *
1,960

100.7
100.9
102.7
105.2
107.8
110.1
111.0

1,357
1,378
1,412
1,^76
1,553
1,596
1,623

103.0
10* .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
101.7
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
U7

1,179
1,190
1,126
1,257
1,335
1,319
1,400

1,861
1,859
1,912
1,932
1,979
1,980
2,001
1,987
1,990
1,985
1,922
1,916

110.4
110.3
110.6
110.2
110.7
108.7
110.3
110.2
109.6
110.3
109.7
110.0

1,5 6*
1,5 6*
1,578
1,590
1,596
1,611
1,602
1,595
1,612
1,609
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

118.1
113.1
117.8
116.9
117.2
117.2
116.6
117.4
116.4
117.0
116.7
117.3

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
n6
95
113
162
159
118

105
192
275
359
448
556
672
767
880
1,042
1,201

1,858
1,876
1,918
1,940
1,952
2,017
2,006
1,997
2,022
2,012
1,962
1,961

110.2
111.3
110.6
110.5
109.5
110.6
110.5
110.9
111.5
111.8
112.0
112.5

1,584
1,587
1,606
1,617
1,619
1,633
1,626
1,616
1,639
1,644
1,649
1,659

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

1,899
1,900
1,937
1,969
1,962
1 ,9«2
2,008
1,989
2,029
2,0 21

112.6
112.8
111.5
112.1
110.1
109.1
110.5
110.4
111.9
112. 3
112.0

1,625
1,613
1 ,6 2 9
1,639
1,630
1,647
1,639
1,642
1,656
1,661
1,665

125.3
124.4
124.5
124.4
123.5
123.9
123.9
125.1
124.6
1 2;.4
125.4

1,165
1,169
1,174
1,185
1,187
1,192
1,179
1,180
1,200
1,206
1,212

127.8
128.1
127.2
127.2
127.1
127.1
126.4
127.4
127.7
128.6
129.0

119.3
115.5
117.8
117.9
114.8
116.1
117.7
119.6
117.2
117.7
H o .7

2.8
2.7
3.1
3.4
3.3
3.7
3.6
3.3
3-5
3.2
3»4

1,286
1,270
1,285
1,290
1,303
1,340
1,347
1,328
1,366
1,395

178.1
177.1
179.7
179.7
179.9
181.5
185.0
186.3
135.9
185.5

1,286
2,556
3,841
5,131
6,434
7.774
9,121
10,449
11,815
13,210

N .A .

N .A .

1967
Jan.
Feb.
M ar.
A p r.
May
June
J u ly
Aug.
S ep t.
O ct.
Nov.
Dec.

1,319

1966
Jem .
Feb.
M ar.
A p r.
May
Ju n e
J u ly
Aug.
S ep t.
O ct.
Nov.
D ec.

85
85
85
92
117
93
123
200
190
133

109
197
282
367
452
544
661
754
877
1,077
1,267
1,400

122
96
94
97
97
in
127
103
130
193
186

122
218
312
409
506
617
744
847
977
1,170
1,356

1969
Jan.
Feb.
M ar.
A p r.
May
June
July
Aug.
S ep t.

O ci.
Nov.

1,973




N .A.

3/
"

Manpower Utilization

Missouri

Seasonally Adjusted

Percentage Change
Season ally Adjusted Index
Year Ending
NOVEMBER 1969
Total Payroll Employment
Nonmanufacturing
Manufacturing

1967




1968

1969

Missouri
+0.9

U.S.
+2.9

+2.1

+3.8

— 2.1

+0.6

Total Employment

+0.5

+2.8

Personal Income*

+4.9

+8.2

Income

1967

1968

1969

P r e p a r e d by F e d e r a l R e s e r v e B an k of St. Lo uis

Tennessee

Annual
Averages
1962
1963
1964
1965
1966
1967
1968

T otal
Employment
Seasonally
Thousands
Adjusted
o f Persons
Index

MANPOWER UTILIZATION________________________________________________ _________________________________________ INCOME
Personal
T otal P ay roll
Unemployment
Manufacturing
Nonmanuf&cturing
Employment
Income
Hate
Employment
Employment
M illio n s
Seasonally
Seasonally
Seasonally
Seasonally
Thousands
Adjusted
M illio n s
,
Adjusted
Thousands
Adjusted
Adjusted
Seasonally
o f D ollars
Adjusted
Index
o f D ollars
Index
o f Persons
Index
Monthly Hate
o f Persons
Index

Farm Cash
Receipts
M illio n s
o f D ollars
Monthly Rate

M illions
o f D ollars

l.^ o
1,373
1,420
1,472
1,530
1,548
1,581*

102.0
104.5
108.1
112.1
116.5
117.8
120.6

966
1,003
1,046
1,107
1,186
1,228
1,271

109.8
113.9
118.7
125.7
134.7
139.4
144.2

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

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
5?

542
555
582
607
601
604
625

1,1*93
1,490
1,504
1,523
1,528
1,560
1,553
1,570
1,567
1,606
1,602
1,57**

119.0
118.8
118.3
118.0
116.5
116.2
116.8
117.5
117.3
117.7
118.4
119.2

1,201
1,199
1,205
1,215
1,215
1,228
1,230
1,242
1,242
1,245
1,252
1,262

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
I4 7 .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
4.2
**.5
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
3?
3?
39
39
39
46
74
97
90

50
83
116
148
180
219
258
?97
343
417
514
604

1,495
1,510
1,53**
1,562
1,589
1,621
1,600
1,607
1,607
1,637
1,642
1,606

119.2
120.2
120.4
120.8
121.3
120.9
120.6
120.3
120.4
120.4
121.2
121.3

1,218
1,226
1,239
1,253
1,264
1,284
1,279
1,289
1,290
1,295
1,300
1,309

141.0
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

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.**

782
812
823
823
840
852
846
856
862
890
898
87**

187.5
19**. 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
44l
541
625

1,557
1,570
1,580
1,593
1,610
1,612
l,6 ll
1,619
1,626
1,655
1,647

124.1
124.9
123.9
123.1
123.1
120.2
121.6
121.2
121.8
121.8
121.5

1,285
1,292
1,294
1,298
1,303
1 ,3 H
1,307
1,311
1,311
1,319
1,320

148.8
149.6
148.9
148.3
148.3
147.5
147.7
147.3
147,6
l “+8.6
I48.5

824
827
829
83**
837
843
839
839
342
851
853

145.2
145.6
144.5
143.8
143.8
142.9
142.6
142.5
1*3.1
144.5
144.3

155.8
157.6
157.6
157.0
157.2
156.5
157.8
156.6
156,3
156.6
155.7

3.2
3.2
3 -1*
3.6
3.7
3.4
3-6
3.7
3-6
3.6
3.6

879
904
902
907
918
922
936
939
9^
972
N.A.

211.0
216.4
212.2
217.7
219.5
219.2
222.0
221.8
224.5
224.7
N.A.

41
34
32
35
35
41
>7
**3
5;
91
110

41
75
107
142
177
218
27 -j
318
373

1967
Jan.

Feb.
Mar.
A p r.

May
June
July
Aug.

Sept.
Oct.
Nov.
Dec.

4 .2

1968
Jan.

Feb.
M ar.
A p r.

May
June
J u ly

Aug.
S ep t.
O c t.
Nov.
D ec.

1969
Jan.
Feb.
M ar.
A p r.

May
June
.luly
Aug.
Sept.
Oct.
Nov.




879
1,783
2,685
3,592
4,510
5,432
6,368
7,307
8)261
9,233
N.A.

574

.
*

Manpower Utilization

Tennessee

Seasonally Adjusted

Percentage Change
Seaso n ally Adjusted Index
Year Ending
NOVEMBER 1969
Tennessee U.S.
Total Payroll Employment +1.5
+2.9
Nonmanufacturing

+2.0

+3.8

Manufacturing

+0.5

+0.6

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

P r e p a r e d by F e d e r a l R e s e r v e B ank of St. Louis

CHECK PAYMENTS IN ELEVEN MEDIUM-SIZE CITIES

Millions of Dollars
Dec. 1969
Cape Girardeau, Mo.

Dec. 1969

1/

Seasonally Adjusted Index
Nov. 1969
Oct. 1969

—^
Dec. 1968

54

233.9

233.7

234.3

191.3

El Dorado, Ark.

75

207.3

227.2

231.3

179.6

Greenville, Miss.

77

221.1

224.6

224.2

179.8

Hannibal, Mo.

23

169.8

167.4

168.9

153.2

Helena, Ark.

29

191.1

182.9

188.0

206.0

Jackson, Tenn.

87

258.2

253.4

249.4

205.5

Owensboro, Ky.

118

197.7

198.2

203.2

179.1

Paducah, Ky.

85

227.3

229.0

241.6

215.5

Quincy, 111.

118

236.3

228.0

222.8

188.5

Sedalia, Mo.

54

265.9

266.4

266.7

151.6

131

253.6

255.4

264.0

236.9

Texarkana, Ark.

$

1/ 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

January, 1970




Prepared by Federal Reserve Bank of St. Louis

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