Full text of Pieces of Eight : Selected Economic Indicators : Central Mississippi Valley, October 1970

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SELECTED ECONOMIC INDICATORS
CENTRAL MISSISSIPPI VALLEY
OCTOBER

1970
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

T EN N ES SE E

CHECK PAYMENTS 11 OTHER CITIES

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




The Data
T h e s e d a t a a r e p r e s e n t e d a s an a id fo r th e a n a l y s i s o f
e c o n o m ic d e v e lo p m e n t s in th e C e n t r a l M i s s i s s i p p i V a l l e 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 the m e t r o p o lit a n
are a s
an d f i v e
s t a t e s c o m p le t e ly or p a r t ia ll y w i t h in th e
E ig h th
F e d e ra l
R e s e r v e D is t r ic t .
B e c a u s e o f th e c o m ­
p le x it 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 l y s i s
c a n be m a d e by c o n s id e r in g th e e n t ir e s e t o f in d ic a t o r s fo r
a p a r t ic u l a r a r e a ra th e r th a n r e ly in g on a n y s i n g l e o n e .
M o re o ve r,
th e re m ay be t e c h n i c a l
s h o r t c o m in g s in so m e
s e r ie s .
A l l a r e a d a t a a re p re s e n te d in both u n a d ju s t e d an d adj u s t e d - f o r - s e a s o n a l- v a r ia t io n fo rm .
In d e x n u m b e rs a re on a
1957-59 b a s e .
In a d d it io n , in o rd e r to sm o o th e r r a t i c 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 a n a v e r a g e o f th e
in d e x e s fo r t h re e m o n th s and is c e n t e r e d on th e m id d le m o n th .
B a s i c e m p lo y m e n t d a ta a re d e v e lo p e d
S t a t e E m p lo y m e n t S e c u r it y O f f i c e s .

by th e r e s p e c t i v e

T h e d a t a fo r t o t a l lo a n s and t o ta l d e p o s it s a re fo r m em ­
b e r b a n k s o n ly an d a re a v e r a g e s o f d a t a fo r th e l a s t W e d n e s ­
d a y o f th e p r e c e d in g m o nth , th e W e d n e s d a y p r e c e d in g th e
15th o f th e c u r r e n t m o nth , and th e l a s t W e d n e s d a y o f th e
c u r r e n t m o n th .

C h e c k p a y m e n t s a re re p o rte d m o n th ly by a ll o r a s a m p le
o f c o m m e r c ia l b a n k s in e a c h a r e a .
C h e c k p a y m e n t s a re
d e b it s to d e m a n d d e p o s it a c c o u n t s , e x c e p t in t e r b a n k an d
U.
S. G o v e r n m e n t a c c o u n t s .
T h e in d e x is a d ju s t e d fo r
n u m b e r o f t r 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 t e d e m p lo y m e n t in d e x e s a re b a s e d on c o m ­
b in e d d a ta from th e m e t r o p o lit a n a r e a s .
T h e c o n s o lid a t e d
in d e x fo r c h e c k p a y m e n ts is b a s e d on re p o r t s from the 8
m e t r o p o lit a n a r e a s an d 11 o th e r c e n t e r s and in c lu d e s 138
r e s p o n d e n t b a n k s . T h e c o n s o lid a t e 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 i g h t h F e d e r a l R e s e r v e D i s t r i c t .

N a t io n a l d a ta a re from re p o r t s o f th e D e p a r t m e n t o f L a b o r
an d th e B o a r d o f G o v e r n o r s o f t h e F e d e r a l R e s e r v e S y s t e m .

B a s i c s t a t e p e r s o n a l in c o m e f ig u r e s a re o b t a in e d from
B u s i n e s s W e e k , an d farm c a s h r e c e i p t s d a ta a r e d e v e lo p e d by
th e U . S . D e p a r t m e n t o f A g r ic u l t u r e .

F o o t n o t e s fo r t a b le s :
3.
1.
2.

A ll m em ber b an ks
T h re e - m o n th m o v in g a v e r a g e s (e x c e p t l a t e s t m o n th , w h ic h
is a tw o - m o n th a v e r a g e )

Explanatory Comments

4.

A n n u a l f ig u r e s a r e t o t a ls fo r
a re c u m u l a t i v e ( y e a r to d a t e ) .
M i l li o n s of d o l l a r s
n .a . - N o t a v a i l a b l e

th e y e a r .

M o n th ly f ig u r e s

ECONOMIC
St. Louis; Louisville
Last year's restrictive monetary and fiscal poli­
cies, along with numerous labor disputes, have had noticeable
impact on economic activity in the larger metropolitan areas
in the Central Mississippi Valley. Most data series continue
to indicate an economic slowdown relieved by only scattered
signs of recovery. Although financial data showed generally
slight improvements over last year in each area, the employ­
ment picture has been mixed.

MARY:
Memphis; Little Rock
LOUISVILLE
Manufacturing employment in Louisville fell in
September, continuing a decline which has been underway
since April. The most recent slippage apparently is the
result of slacked demand for apparel and fabricated metal.
Nonmanufacturing employment dipped slightly, and the unem­
ployment rate increased to 4.5 per cent in September from
3.8 per cent in August. This is substantially above the
3.2 per cent rate of last September.

ST. LOUIS
Manufacturing employment in St. Louis dipped in
both August and September, largely as a result of automobile
I
.t layoffs, strikes, and declines in defense spending.
hw.».,4anufacturing employment, seasonally adjusted, dropped
in September after climbing steadily since April. The unem­
ployment rate received impetus from a teamster’s strike,
surged to 6.9 per cent in April, and then began a gradual
decline until August, when another upturn began. The rate
reached 5.4 per cent in September, well above the level of
3.7 per cent a year ago.
Bank deposits, which had been fluctuating about a
downward trend since early in 1969, began a recovery in July
and the recovery continued into September. Total loans were
at a 1970 low in June, but rebounded sufficiently to reach
successive record highs in August and September. Growth of
spending ceased in the March through June period, but rapid
gains were registered in both July and August. A downturn
<
rred in September, however, probably reflecting the autoi
le strike.
The short-run outlook for the St. Louis economy
depends in large part upon the duration of the automobile
strike. More than 9,000 workers were directly affected, and
employees of related industries have begun to feel the impact.
The strike occurred only a few months after the apparent up­
turn of business activity.




Growth of bank loans and deposits increased in
July, and the increase extended into September. Spending
(check payments), seasonally adjusted, has for the past
year fluctuated about a rising trend line, but the Septem­
ber rate declined from the August level.
MEMPHIS
Manufacturing employment in Memphis has begun
to recover from a recently concluded strike, and continued
increases in nonmanufacturing employment have generally
been evident since May. The seasonally adjusted unemploy­
ment rate, however, edged up to 3.8 per cent in September,
after dropping one—tenth of a point in both July and August
The unemployment rate a year ago was only 3 per cent. The
rapid improvement in the financial sector, which had been
apparent in July and August, was halted in September. Only
small increases were registered in bank deposits and check
payments, while total loans fell off from the level of a
month earlier.
LITTLE ROCK
Seasonally adjusted total employment in Little
Rock declined in September for the fourth consecutive
month. A fall in nonmanufacturing employment more than
offset a rise in manufacturing employment, and the unem­
ployment rate rose to 3.7 per cent from 3.6 per cent a
month earlier. This represents a large rise above the
rate of 2.4 per cent last September. Total loans declined
substantially in September, but bank deposits continued
their upward movement which began in April. Spending,
which had been moving erratically since March, rose in
September.

Eight C entral M ississippi V a lle y M etropolitan A reas
BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
nial
average
I 960

1965
1966
1967
1968
1969

1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
sb.
ar.
pr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

Region

United
States

Nonmanufacturlng

Region

United
States

101.4
113.3
119.5
123.9
127.5
131.5

103.2
115.8
121.8

102.4

104.1

116.6
122.6

119*0

125.4
129.3
133.8

127.1
131.4

125.0
125.6
126.0

127.1
127.9

126.4
127.1
127.3

128.5
128.7
129.1
129.4

127.8
128.6

128.2

129.8
130.0

128.5
127.9
129.4

130.5

129.8

131.5

130.9
130.4
131.4
131.9

131.0

131.5
131.9

132.0
132.1
132.5
131.5
131.4

131.3

132.0
132.2
130.1
130.2
130.J

131.3
131.3

130.8

131.0

132.0
132.5
133.0
133.3
133.6
133.9
134.0
134.2
134.4
134.9
134.8
134.9
135.2
135.4
135.7
135.5
134.Q
134.4
134.3
134.0
134.0




136.2

124.6

129.2
134.0
139.5

128.6

131.2

129.4

132.3
132.7
133.1
133.1
133.7
134.1
134.6
134.9
135.5

129.8
130.1
130.7
131.1
131.7
132.5

132.2

132.7
133.4
134.8

134.8
135.1
135.0
135 .T
135.8
135.8
135.8

136.0
136.9
137.6
137.9

138.1

138.3
138.5
138.3
136.0
136.7
137.5

138.6
139.2
138.5

136.0

136.5

137.3
137.8

138.2

138.7
139.1
139.5
139.6
139.9
140.1
140.9
141.2
141.3

141.9
142.5
142.8
143.0
142.8
142.3
142.4
142.3
142.3

Manufacturing

Region
99.3

106.6
113.2

117.4
119.7

122.2

117.9

117.8

118.3

119.0

H9.7

119.8
120.2
120.8
121.2

Uk&ited
States

101.2
108.8
115.8
117.2
119.2
121.5

118.2
118.2

H 8.3
118.7

119.0
119.2
119.2
119.4
119.5
119.7

118.3
121.4
121.9

120.1
120.6

122.9

120.6
121.1

121.0

124.2
124.3
121.4
122.7
124.0
124.2
122.5

122.2

118.7

118.1

117.2
118.9

120.1
118.2

117.3
117.0

116.6
115.5
115.3

121.5

121.6
121.7

122.0
122.0
122.0
122.0
121.9

121.0
121.0

120.6
120.1
120.2
119.3
1X7*9
117.3

116.9
116.1
116.1

Unemploynent
Rate
Unit*
Stat<
Region

Bank Deposits ^
United
Region
States

211.1

l<tf.5
146.9
148.3

224.2
245.0
274.9

174.6
182.4

5.3
3.6
3.2
3-3
3.2
3-2

5.5
4.5
3.8
3.8
3.6
3.5

115.4
185.7
204.1
219.5
237.6
263.5

116.7
188.3

3.4
3.2
3.3
3.3
3.2
3.3
3.2
3.2
3.1
3.1
3.2
2.9

3.6
3.8
3.7
3.5
3.6
3.7
3.7
3.5
3.5
3.5
3.4
3.3

229.2
230.1

234.3
235.1

2.9

3.4
3.3
3.4
3.5
3.5
3.4
3.5
3.5
3.8
3.8
3.5
3.5

2.8
2.9
5.9
3.1
3.5
3.4
3.4
3.4
3.4
3.4
3.5
3.8

4.0
3.9
5.3
5.2
4.6
4.4
4.6

4.9

3.9
4.2
4.4
4.8
5.0
4.7
5.0
5-1
5.5

SPENDING

Total Loans ^
united
Region
States

231.4
233.8

236.0
235.8
236.3

238.2

239.9
244.2
247.4
248.7

250.5
252.9
255.5
257.3
264.8
262.9

268.0
268.1

269.3
269.3

270.1

273.2

272.6
274.3
278.5
279.7
277.2

276.1
282.3
287.3
287.4

236.0

238.3
240.6
242.2
245.0
248.6
250.4
253.4

256.6

259.1
261.4
264.8

267.2
268.7
272.7
273.9

278.1

279.5

282.1

282.7
283.4
284.0
284.3
284.3
286.5
2B7.3

286.6
285.5
286.9
291.1
293.3

161.2

I69.2
170.2
171.2
171.0
172.4
173.1
174.5
176.4
177.3

178.6

180.3
181.3

182.1
182.5
I83.O
I83.8
183.7
184.6
182.7

181.6
181.6
180.8
181.2
181.1

180.8
180.3

104.9
150.3

161.0

173.6
189.5
197.1
182.5

221.9

184.7
184.5

185.8

223.5
225.1
226.4

187.3
189.1
191.7
193.5
195.0
197.4
199.4

228.0
232.9
239.8
241.0
241.2
244.3
249.5

198.5
198.5

198.0
198.8
199.4
199.0
197.5
195.7
194.7
194.0
195.9
194.8

195.3
195.3

184.7
184.2
184.9

198.6

189.8

210.8
232.9
238.8

220.6

196.2

190.5

110.8
172.5
192.3

183.6

182.1

187.8

Check Paynsnts ^
United
Region
States

199.4

198.3

253.3
252.5
255.3
255.6

256.8

256.7
259.5
265.1

266.1

264.9
263.7
271.4

282.8
291.4
297.3
297.9
297.9
300.5
307.8

201.6
205.8

311.6

207.7

3U.3

113.4
174.4
199.0
217.3
252.5
299.1

231.7
234.1
237.4
241.2
247.6
251.9
255.7

258.8
262.9
266.2

269.4
273.1

278.6
281.7
284.6
287.5
295.0
301.7

306.2
310.0
311.2
311.1

309.9
3U.8

317.3

320.1
325.0
329.0
334.2
337.1
337.4
339.6
338.6

E I G H T CENTRAL M I S S I S S I P P I V AL L E Y
M E T R O P O L I T A N AREAS
BANKING A C T I V I T Y
SEASONALLY ADJUSTED

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

TOTAL LOANS

TOTAL PAYROLL EMPLOYMENT

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970
AREA
SUMMARY

1969

1968

1968

1970

1969

U .S .

TOTAL PAYROLL EMPLOYMENT

-1 .0

-0 .3

TOTAL LOANS

+ 6 .7

+ 4 .0

TOTAL DEPOSITS

+ 4 .5

+ 6 .7

CHECK PAYMENTS

+ 1 7 .0

+ 8 .8

1970

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

1 9 5 7 -5 9 -1 0 0

CHECK PAYMENTS

1 9 5 7-5 9-100

260

UNEMPLOYMENT RATE

PER CENT

PER CENT

240
220
200

180

______

1 ---- ----

160
140
1968

1969

1970

120
*

C.M.V.

AREAS




U.S.

-l_L.il.i l l J-l-U ...II 11111I 1l.l I 111I 111.1.1,L.
1968

1969

1970

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1968

1969

1970

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

St. Louis Metropolitan Area

Annual
Averages
I960

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

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

102.1

1GQ..0
109.3
115.5
117.9
119.9
122.3

1965
1966
1967
1968
1969
1968

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

866
863
873

888
891
906
904
899

906
906

907

912
898
882

118.1
118.1
118.6
119.2
119.6
120.0
120.6
121.0
120.7

121.1
121.1
121.2

122.3

120.8

122*5

915
905
917
915
911

122.8
121.5
121.5

122.0
122.7

921

122.8

921
921
924

122.9
123.1
122.9

897

88$
896
886
892

910
908
9Q®

901




122.2
121.5

122.2
118.8
119.7

120.6
121.0
121.2
120.1

113.7

120.2

123.4
126.9

131.0
577
579
585
595
599

608
608
606
609
612
614

618
604
605
607

620

623

626
620
613
627

124.5
124.9
125.4
125.7
126.3
126.5
127.4
128.3
127.7

128.2
128.8
129.1
130.4
130.5

130.2

130.9

131.2

Manufacturing
Employment
Seasonally
Adjusted
Index
99.2
101.7
107.4
108.4

107.8
107.2
106.9

106.2

106.9

107.8

107.9

108.6
108.6
108.3
108.5

108.6
107.7
107.5

108.2
103.9
109.1
108.7
104.6

130.4
129.9

105.8
108.1
110.1

131.4

107.7
107.4

130.0

629

131.8

631
63^

132.3
132.5

107.0
106.2

614
615

132.4
132.6
132.7

102.2

618
612
620

129.2
130.6

633

131.8

627

132.5
133.0
131.9

632
629

SPENDING

BANKING ACTIVITY

MANPOWER UTILIZATION

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

104.4
104.0

100.8
100.8
100.9

101.1

100.5

99.6

Unemployment
Rate
Seasonally
Adjusted

Total Loans
Seasonally
Adjusted
Index

Millions
of Dollars

1 1 2 .6
162.7
179.9

*♦.7
3.5
3.3
3.^
3-**
3.5

3.7
3.3
3.6
3.5
3.4
3.5
3-**
3.4
3.4
3.^
3.5
3.1

3.1
3.1
3.1
3.1
3.^
3.9
3.7
3.7
3.7
3.6
3.7
3.9
4.4
*•7
4.4
6.9
6.5
5.*
**•9
5.2
5.**

Bank Deposits ^
Seasonally
Adjusted
Index

Millions
of Dollars

99.6
130.5
133.3
142.4
150.4
151.1

183.8
192.0
210.4

2,137
2,091

2,086
2,118
2,130
2,13*+
2,144

2,152
2,161
2,194

2,218

187.7

188.0
188.5

190.6
191.6
190.6
189.4
190.4
191.*+
195.*+
199.0

2,274

201.2

2,33*+
2,301
2,285

204.2
206.3
206.5

2,324
2,369
2,432
2,419
2,403
2,379

211.4
214.8
214.3
213.5

2,296

206.8
209.0

2,360

212.2
212.0

2,424

214.1

2,455
2,424
2,426
2,418
2,364
2,371
2,451
2,483
2,484

214.2
216.9
219.3
217.9
214.4
211.3
216.5

220.0

220.9

Check Payments
Seasonally
Adjusted
Index

Millions
of Dollars

3,621
3,527
3,M2
3,M0
3,“85
3,M O
3,513
3.553
3,584
3,630
3,714

148.5
148.8
148.9
147.6
148.0
I 48.3
1*48.8

151.6
151.3

152.2

112.9
180.0
201.3

226.0
247.2
278.9

8,235

6,898
7,299
7,798
7,952
7,706

8,180
7,761

8,101

8,777

233.7

228.7
230.9
233.7
237.2

238.2
245.0

25^.0
260.2
264.3

15*+.7
155.9

8,208
9,621

268.0

9,686

272.6

7,763
8,841
8,9*14

3,624
3,558
3,539
3,466
3,463
3,509
3,512
3,603

159.1
155.7
153.9
15^.3
153.5

151.8

8,562
9,206

150.3
147.9
146.3
147.3
146.3
147.2

9,170
8,229
9,299
9,929
8,352
10,439

271.1
271.9
271.1
269.7
269.O
274.2
283.7

3,645
3,422
3,380
3,451
3,416
3,370
3,V73
3,501
3,572

149.2
144.0
144.7
l*+7-9
144.6
143.8
147.6
149.4
150.9

11,755
10,474
12,337
12,195

3,810
3,882
3,698
3,596

3,602

11,232

12,583

273.0

289.2

290.4

288.2
295.9

310.0
323.9
332.5
332.0
328.9
331.3

12,920
11,688

3**!.8
347.3

11,598

346.6

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

ST. LOUIS
MISSOURI
M E T R O P O L I T A N AREA

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970

1968

1969

1968

1970

1969

ST. LOUIS

U .S .

TOTAL PAYROLL EMPLOYMENT

-2 .2

-0 .3

TOTAL LOANS

+ 3 .5

+ 4 .0

TOTAL DEPOSITS

+ 3 .1

+ 6 .7

CHECK PAYMENTS

+ 1 9 .8

+ 8 .8

1970

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPOSITS

PER CENT

UNEMPLOYMENT RATE

1 9 5 7 -5 9 -1 0 0

CHECK PAYMENTS

1 957-5 9-100
400
360

PER CENT
10

320
280
240
200

160
1968
*

ST.

L OU I S




U.S.

1969

1970

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1968

1969

1970

120

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Louisville Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
0! Persons Index

I 960
196p
i960
19o7

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
01 Persons Index

102.0
4.3
118.2
123.6

99.6
lll.b

H

122.7
128.3
13b .8

128.7

116.2

1966
1969

Manufacturing
Employment
Seasonally
Adjusted
Index
95.6
106.5

112.8

121.3

Unemployment
Rate
Seasonally
Adjusted

6.6

2.6

134.5

2.7

1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep-.
Oct,.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
.->ept.

299

301
302

305

312

31b
31^
317
319
305
324
327

320
322
323

125.3
126.3
126.8
127-0
128.0

125.7
126.7

124.7

2.7

196

127.4

200
202
201
201
202
202

128.0

126.2
128.0
128.8

128.5
128.7
129-9

130.0

124.7

131.6
132.5
134.1
135.0
135.7

328

136.6

331
336
337
33b
337
339
327
327

135.8
137.2
137.9
137-0
137.4
137.9
132.5
132.7

317
330
332
337
339
338
340

133.0
138.4
139.3
140.2
139.2
138.3
139.2
138.4
137.9

338
338




169

190
192

204
205

199

200
201
206
210
213
214
215

216

217

219
220
212
212
213
219

222
222

224
224
223

127.0

128.4

128.6
129.4

129.6
130.7
131.4
1310
132.4

125.6
126.4

128.9
130.7
130.7
114.4

132.0
134.4

137-2

132.8

138.8

133.3
134.2
134.7
135-8
137-2
137.9
138.9
140.1
140.7
140.9

139.7
140.9
137.8
139-7
139.2
135.3
134.9
134.2
118.3
118.5

141.1
141.1
141.4
142.3
142.7
141.3
143.4
144.0
143.5

133.8
135.7
136.5
133.0
133.1
131.7
128.7

119.0

128.2

2.6
2.6
2.8

2.7
2.7
2.7
2.7

2.6

667
640
615
629
649
654
677

680

?.4
2.4
2.3

673
699
709
742

2.3
2.3

737
7H

2.2
2.2
2.6

712
728
736
759

218.3
217.5
215.9

219.2

224.7
225.4
229.1
233.5
233.2
238.3
240.2
243.4

241.4
241.6
249.7
253-4
254.9

786

261.6
265.6

778

266.7

2.9
3-1
3-1
3-2
3-1
3-0
2.9

824
874

278.6
286.2

3-3
3-4
3-2
3.4
3-5
3.7
3.7
3.8
4.5

873
840
839
861
854
853
877
899
899

285.9

780
801

271.2

273.3

285.6

294.5
299.9
295.7
294.4

296.2
307.7
313.2

Check Payments
Seasonally
Adjusted .
Index
2/

Millions
of Dollars

103.4

99-7
134.2
141.0
154.3

228.2
262.0

1966
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct,.
Nov.
Dec.

Bank Deposits i/
Seasonally
Adjusted
Index

Millions
of Dollars

113.4
169.7
191.1
206.4

3-5
3.0
3-0

127.6

136.6

Total Loans i/
Seasonally
Adjusted
Index

Millions
of Dollars

oPENUiNG

1,180

181.8
205.2

184.8

231.4

163.5
165.4

1,108

166.2

1,097
1,125

168.1

1,148

1,158
1,156
1,184

165.9

168.7

196.0
200.6
206.5

209.6

174.4
174.0

1,937
1,894
2,074
1,942
2,315

209.9
208.9
209.3
214.5
216.3

176.1

1,309
1,227
1,214

181.5
178.4

1,332
1,247
1,231
1,267
1,271
1,255
1,289
1,291
1,321

197.1
196.9
196.3

2,176

177.8
181.7

1,235
1,239
1,247
1,230
1,225
1,257
1,277
1,354

2,101
1,783
1,753
1,855
1,942
1,846

170.6

1,202
1,300

1,226

173.3

171.0

1,138

1,128

156.1

2,296

221.7

221.0

1,934
2,042

224.0

185.3
184.4
185.5
185.5
185.1

2,096
2,152
2,306

232.5
236.5

188.7
188.3

2,056

182.2

185.2
187.2

184.7

181.2

184.8
191.5

189.6
187.9

191.8
194.0

200.1

2,350
2,089

226.2
236.2

2,617

234.0
234.0
234.0
236.9
240.1

2,520

241.1

2,160

2,390

2,045
2,244
2,293
2,341
2,445
2,677
2,304
2,341

238.0
235.1
242.5
247.?
254.0

250.8
252,6
249.4

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL LOANS

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0
166 ------------------------- --------------------

LOUISVILLE
KENTUCKY
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

MANPOWER U T I L I Z A T I O N
1957-5 9-100
— 166

1 9 5 7 -5 9 -1 0 0
440

1 9 5 7 -5 9 -1 0 0
440

162

162

420

420

158

158

400

400

154

154

380

380

YEAR ENDING

360

SEPTEMBER 1970

150

150

360

146

146

340

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

LO U ISVILLE

340

U .S .

I

142

142

158
134

^

J

O -—

S r -

\-

f
T
J

138

~ ■"—

134

320
300
280

!

j

|
!
i
i

j
/
^

—

—

>

y=

320

TOTAL PAYROLL EMPLOYMENT

300

TOTAL LOANS

280

1
j

260

130

260

126

240

240

122

122

220

220

118

118

200

200

114

180

1

126

y

f r

114
110

1 1 1 11 I n 1 ii.
1968

-1J 1 1 1 1 1 1 1 11

j-i-Lii l u l u

1969

1970

110

160

+ 0 .4

-0 .3

+ 1 5 .5

+4 .0

TOTAL DEPOSITS

+ 8 .0

+ 6 .7

CHECK PAYMENTS

+ 6 .6

+ 8 .8

180
. L I 1 I .1 1 1 l . l x i

» 1 1 ■ 1 1 1 1 1 11

- L .I 1 1 1 1 1 I . L l L .

1968

1969

19 7 0

160

SPENDING

SEASONALLY ADJUSTED

TOTAL DEPOSITS

PER CENT

UNEMPLOYMENT RATE

1 9 5 7 -5 9 -1 0 0

PER CENT

10

10

CHECK PAYMENTS

260

1957-5 9-100
400

240

360

220

320

200

280

180

240

160

200

140

160

*
111111 JJ..111 j g l . U L L . t i t i . ■J.JlL i , l l l l 1.1 1.

1968

1969

1970

1968
*

LOUISVILLE



U.S.

1969

1970

BEGINNING WITH JULY 1 9 6 9 . LOANS ARE REPORTED
GROSS. RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

120

1968

1969

1970

120

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Memphis Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons1 Index

I 960

Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.•
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

104.0

103.9
117.7
125.3
131.3
137-*
143.1

1965
1966
1967
1966
1969
1968

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
of Persons
Index

250
251
253
255

260

263
264
265
267
267
270

272
266
267
268
270
271
275
275
275
27b

133. 5
134.2
134.8
13b.4
137.0
137.2
137.8
138.b
138.7
139.3
140.5
141.3

193
193
19b
197

142.0
142.8
142.7
143.4
142.7
143.6
1*3-7
I43.b
143.0
1*3.7

204
204
205
207

276
275
276

143.1

270
272
271
267
267
271
273
275
277

144.3
145.3
144.2
141.5
140.6
141.4
142.8
1*3*2
144.2




119.2

143.0

200
202
203
204
205
205

208
210

208
211
211
211
212

213
214
215

210
211
210
206
207
213
21b

216

217

SPENDING

RANKING ACTIVITY
Manufacturing
Employment
Seasonally
Adjusted
Index
103.9
112.5

Unemployment
Rate
Seasonally
Adjusted
4.8
3-7
2.9
3-1
3-0
2.9

125.9

131.8

123.2
129.8

137. b
143-3

136.7
142.6

133-9
13b-0
13b-b
13b -8
137.1
137. b
137.8

132.0
131.6

138.8
138.8

137.7

139.2
140.1
141.0

139.5
141.6
142.3

2.8
2.8
2.8

141.9
142.4
142.3
143.1
142.2
1*3.3
143. b
1*3-5
143.b
144.6
144.3
144.5

142.3
144.1
144.1
144.3
144.1
144.5
144.3
143.6
141.4
140.7
138.9
138.4

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

146.1
146.7
145.5
142.8
141.8
144.4
1*5.9
146.7
147.0

138.2
140.7
140.0
137.3
136.4
131.*
132.3

3.0
2.9
3.2
3.9
3.6
3.8
3.7
3.6
3.8

132.3
133.6

136.6
136.4

138.0
138.6

131.8

135.0

Total Loans ^
Seasonally
Adjusted
Millions
Index
of Dollars

3-2
3.3
3.1
3-1
3-0
2.9
3.1
3.1
3.0

Bank Deposits ^
Seasonally
Adjusted
Millions
Index
of Dollars

110.9
19*. 5

898
896
885

876
859
859
887

926
916
915

912
908
909
915
919
919
915
91b

212.0

912
913
95*

926
907
938
944
923
93*
985
99*
976

213.5

1,362
1,339

235.2
235-8
239-9
243.4
245.8
241.9
240.5
236.7
237.2
241.8
245.7
238.5

1,*50
1 ,1*60

238.7
242.9
244.0
245.9

1,*63
1,375
1,376
1,383

252.5
252.3
252.4
248.7
242.7
248.7

1,358
1,3**
1,3*2
1,3*6
1,363
1,382
1 ,1*22

250.1
250.8

241.2
240.9
251.3
255.2

252.0

254.8

270.6
274.1
269.4

170.3
189.3
199.9
224.0
245.8

177.8
197.3

240.2
247-5

901
882

112.8

108.3

171.6

20*.0
219.8

890

Check Payments
Seasonally
Adjusted
,
Millions
of Dollars
Index
2

1,321*

1,326
1,351
1,339
1,336
1,3*5
1,365
1,397

1,381

1,*07
1,330
1,362
1 ,1*01.
1,385
1,381
1 ,43*
1,*39
1,*59

206.2
210.2

208.8
209.2
212.7

211.0
210.4
212.4

212.6
213.5
217.5

219.6
221.5
215.7

217.0

2,031
1,808
2,000
1,932
1,965
1,774
2,023
1,971
1,885
2,109
2,041
2,256

2,236
1,879
2,039

218.5

227.0
233.2
23*. 9

226.2

225.9

228.1

233.0

221.9
208.3
209.5

222.0

237.4
240.7
249.6
255.0
257.8
254.5
249.6
251.7
241.3
233.0

217.7

2,210
2,101

214.0
211.7
209.9
208.7
207.4

2,157
2,167
1,992
2,139
2,390
2,214

210.2

2,568

246.9

213.1
208.7
214.9
220.4

2,439
2,053
2,407
2,466

261.5

216.0
212.0

216.1
217.6

226.5
226.7

227.8

2,168

2,552
2,575
2,412
2,518

231.6

270.7
277.8

280.0
283.5

205.0

292.0
29*t0
295.3

TOTAL PAYROLL EMPLOYMENT

MEMPHI S
TENNESSEE
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL LOANS

1957-59

100
166

1957- - 5 9 - 1 0 0
440

162

162

420

420

158

158

400

400

154

154

380

380

150

150

360

360

SEPTEMBER 1970

146

146

340

340

MEMPHIS

142

142

320

320

TOTAL PAYROLL EMPLOYMENT

+ 0 .8

-0 .3

158

138

300

300

TOTAL LOANS

+ 6 .7

+ 4 .0

134

280

TOTAL DEPOSITS

+ 8 .5

+ 6 .7

CHECK PAYMENTS

+ 2 2 .4

+ 8 .8

19 5 7 -5 9 -1 0 0
166

1 9 5 7 -5

134

^

440

/

/v

260

130

260

126

1 26

04
240A

122

122

220

220

118

118

200

200

114

114

180

110

11 1 M 1 1 Li 1..L. ■i

1968

i-L l.l-i i.Li i , ii In 1 n h i. 110
1969

1970

160

V

J

YEAR ENDING

280

1

j ___ ^

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX

U .S .

240

180
11111111111 i i 1i i 1t i 1i i l l 11l 11I 1I i
1968
1969
1970

160

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

1 9 5 7 -5 9 -1 0 0
400

CHECK PAYMENTS

360

360

PER CENT
10

320

320
^

280

______

1969

240

200

200

160

160
1968

1970
*

M E M P H IS




U.S.

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

280

240

-U.lt 1 1 1 1 1 1 1 1 1 1 1 1 1 U ll.J

1968

1957 -5 9 -1 0 0
400

1969

11111 1 1 1 1 1 1

1970

120

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Little Rock Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Tnousands Adjusted
ol‘ Persons Index

I960
1965
1966

Nonmanufacturing
Employment
Seasonally
Adjusted
Tnousands
Index
of Persons

106.8

106.1
129*2

130.5
137.^
141.0
144.2
149.4

1967

1966
1969

135.7
139.2
142.0
145-3

1966
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

113
115

116

117
117

121
121
121
120
118
119
119

118
118
120
120
121
125
125
12*

12k
12k
12k

123

121
122
121
121
123
125

12k
12k
122




Manufacturing
Employment
Seasonally
Adjusted
Index

109.2
135.7
143.8
1*7.9

152.8
165.2

151.6
152.2
150.6

Unemployment
Rate
Seasonally
Adjusted
4.2
2.5

2.8

2.5
2.4

2.8

69
90
91
92
92
95
95
95
9*
93
93
9*

138.7
141.7
141.8
142.2
141.5
142.6
142.7
1*3.7
142.5
1*2.0
1*2.3
1*2.6

146.7
147.0
148.1
148.3
149.1
1*9.9
150.3
149.4
150.4
151.1
151.5
150.4

92
92
93
9*
9*
97
97
96
96
96
96
96

l**.l
144.2
1*4.6
1*4.7
1*5.0
1*5.5
1*5.*
144.6
1*5.7
1*6.7
1*7.0
1*6.3

151.0
151.6

93
9*
93
9*
95
98
98
97
96

1*6.1

170.4

1*7.1
1*5.1
1*4.8
1*6.9
14 6,8
146.7
146.7
1*45.0

169.*

2.8

167.7
167.5

2.7
3.3
3.1
2.9
3.8
3.6
3.7

149.7
149.4

150.8
150.1
1*9-3
1*8-9
148.0

2.5

152.8

2.8
2.6
2.6

153.6
153.8
154.0
153.2
153.2
15* .1
155.6

2.4
2.4
2.3
2.4
2.5
2.5
2.5

157.0

158.1
161.9

162.6

164.9

167.0
169.8
168.5

168.6
168.5
168.8
166.4

166.2
162.7
159.5
157-7
159.8

2.1
2.4
2.3
2.4
2.3
2.3
2.5
2.5
2.4
2.4
2.5

Bank Deposits ^
Seasonally
Adjusted
Millions
Index
of Dollars

133.7
259.0
282.7
299.2
319.5
357.2

2.8

141.3
143-8
143.6
143.6
143.8
144.9
144.9
145.8
144.7
144.2
144.7
1*5-3

149.1

Total Loans —^
Seasonally
Millions
Adjusted
Index
of Dollars

SPENDING

263

260
258
264
265
269

270
276
274

282
286
292
29*
283
287
29*
299

302
313

312
311
318

321

2.6

311

2.3

316
316
318
323

322
320

332
339

329

305.4
309.6

308.6
312.2
312.1
316.1
316.8
323.2
32*.5
329.5
333.*
3*2.2

3*1.1
336.8
3*3.8
3*7.9
352.1
355.*
366.1
365.2
368.9
370.7
373.1
365.3
366.6
376.8
381.*
381.9
378.6
376.6
387.6
396.9
390.8

Check Payments
Seasonally
Millions
Adjusted
Index
of Dollars

110.1

107.7
160.7
173.5

183.*
206.3
214.3
239.3
261.3

186.1
200.8

210.5
450
441
*39
440
*4 2

444
456
464
464
*7*
*85
509

502
471
*67
*7*
*7*

*66

*70
*71
*7*
*92
50*
512

192.0
195.2
195.6

19*.0
195.7
197.3
200.5
204.1
205.3
206.5
208.3
215.1

213.7

208.6
208.0
208.9

209.2

207.5
206.7
207.*

210.2

214.3
216.3
215.*

507

215.8

*73

210.7
210.7

*76
*83

213.2

601
500

226.2

5*2
598

235.7
235.6

588
520
615
569

632
632
561
63*
697
558
563
6*5
581
652

666
619

663
679
590
727

739

6*1
685
731

688

484
*79
*93

213.8
217.*

777
75*

500
498

220.2
221.0

769

213.*

720

223.*

23*.8
230.7
237.9
25*.0
255.3
250.5
2*1.3
2*6.0

255.1

251.8
25*.6
2*7.7

258.1

257.7

268.9
27*. 9

271.6
265.2

259.2
271.3

285.9

290.0
292.0
268.*
300,0
297-7
307.3
309.9
320.5

■

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0
166

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

BANKING A C T I V I T Y

MANPOWER U T I L I Z A T I O N
1 9 5 7 -5 9 -1 0 0

1 9 5 7 -5 9 -1 0 0

TOTAL LOANS
1 9 5 7 -5 9 -1 0 0
440

162

420

158

400

154

580

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970

150

560

146

540

142

520

TOTAL PAYROLL EMPLOYMENT

-1 .6

-0 .5

158

500

TOTAL LOANS

4-5.9

4-4.0

280

TOTAL DEPOSITS

+ 5 .1

+ 6 .7

CHECK PAYMENTS

4-18.0

+ 8 .8

1*4

^

—

260

1

126

y

ROC K

U .S .

240

122

220

118

200

180

114
110

L IT T L E

ii

1 1 1 1 ii I n

i il l ill

1968

1 1 ii. ■ 1 1 1 1 1 1 1 1

1969

i i ..

1968

1970

1969

1970

160

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

195 7 -5 9 -1 0 0

CHECK PAYMENTS

1 9 5 7 -5 9 -1 0 0
400
560

PER CENT

520

10

280
240
200

160
1968
*

L I T T L E ROCK



U.S.

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

120

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Evansville Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

94.9

I960
196>

99.8
114.9
118.4
121.2
127*0
129.5

111.8
117.9
120.7
123.7

1966
1967
1968

126.6

1969
1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

85

86
86
87
87

86
86
88
88
88
88
89
87
87

88
88
89
91
90
91
90
90
90
90

123.3
124.6
124.0
124.5

123.6

120.3
120.9

123.6

124.8

125.0
124.6
125.5

125.6
126.2
126.2
126.2
126.5

127.2
127.0

127.3

126.6

126.7

127.2
127.0

88

127.2

87

126.5
126.7

88
87
8?

88
88
89
90




123.8

122.5
123.0
124.8

125.0
126.5

51
52
53
53
54
54
54
55
55
55
55
55

53
53
53
54
55
55
55
56
56
55
56
56

54
54
54
53
52
5?
54
56
56

124.3

125.8

126.5
126.7
126.5

127.0
127.0
127.2
128.1
128.1

Manufacturing
Employment
Seasonally
Adjusted
Index
87.5
107.1
117.1

119.8
118.8
122.3

121.8
122.9
120.4

121.1
119.3
110.4

111.8
118.2
119.6

128.8

120.4
118.9
120.4

128.6
128.8

121.1
122.1

128.4

122.9

128.4

128.8
129.3
129.1
129.3

130.0
130.0
130.3
130.5
130.5

131.0
130.3
130.3
124.8

123.2
123.4
126.0

130.0
130.5

122.1
122.1

124.3

123.6
123.2
121.4
121.4

122.1
121.8
121.4
120.7
121.4

122.1
121.4
122.5
122.9
117.5
120.4

Unemployment
Rate
Seasonally
Adjusted

Total Loans i/
Seasonally
Adjusted
Index

Millions
of Dollars

6.4
3-5
2.9
3.5
3.3
3.*

3 .1*
3.2
3.3
3.1
3.0
3.9
3.6
3.2
3.3
3.3
3.5
3.1
3.1
3.3
3.1
3.3
3.3
3.5
3.5
3.5
3.7
3.6
3.6
3.8
4.0
4.1
4.3
4.9
5.0
4.8
4.6
4.5
5.1

SPENDING
Bank Deposits
Seasonally
Adjusted
Index

Millions
of Dollars

100.6

113.9
173-1

205

201
204

206
213

212
215

190.2
207.2

146.9
160.7
174.9

219.3
243.7

205.1

212.7

210.2
212.0
213.6
215.7
214.4
217.4

225

222.8
228.6

225
224

228.3
227.3
228.5

220
226

224

228
232
234

238

240
246
238
241
247
248
248

248
246
247

252
256

260
262
266
262

331

326
332
335
342
337
3*1
337
342

185.1

447

187.8

362

190.5

346

191.7
193.4
196.1
197.5

355
364

201.9

368

205.0

484

350
352
356

202.4
201.9

258.1

381

263.8
265.0

161.7
179.9
191.7
198.4

387
405
407
369
505
375
399
461
393
410

365
365
357
361
364
369
381

269.4
266.4

101.3

150.2

192.8

232.7
238.3
241.3
240.7
240.2
243.1
249.3
240.8
244.5
248.1
251.3
253.4

257.8
256.3
258.7
258.4

Check Payments
Seasonally
Adjusted .
y
Index

Millions
of Dollars

360

362

365
367

368
367
372
375
373

190.0
191.6

188.3

200.0

202.2

202.3
204.1
205.3
205.3

206.6
206.0
208.0
210.2

356
394
431

404
417
485
384
427
464

182.8
183.2
190.6
190.1
186.1
191.3
I89.8
199.1

198.8

201.4
197.*
189.*

189.9
189.9
197.3
198.5
197.0
196.3
194.9
204.1

460

203.8
205.6
202.8
200.1

212.2

506

202.9

209.5
209.4

436

208.8
206.6
205.2
208.9
215.9
213.4

388

396

200.1

486
425
447
53*
474

2&.1

449

209.0
205.5
201.7
209.9
21£.9
221.5

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

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

EVANSVILLE
INDIANA
M E T R O P O L I T A N AREA

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970
EVANSVILLE

U .S .

TOTAL PAYROLL EMPLOYMENT

-0 . 1

-0 .3

TOTAL LOANS

^•9.0

+ 4 .0

TOTAL DEPOSITS

+ 3 .3

+ 6 .7

CHECK PAYMENTS

+ 8 .7

+ 8 .8

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

1 9 5 7 -5 9 -1 0 0

CHECK PAYMENTS

19 5 7 -5 9 -1 0 0

260
PER CENT

UNEMPLOYMENT RATE

PER CENT
10

240
220
200

-----

160
160
140
120 .11 11 11111 1 1 1 1 1 1 1 1 1 1 1 1 L. 1 1 1 1 1 1 1 ll-Ll

1 9 68

£

EVANSVILLE



U.S.

1969

1970

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1968

1969

1970

PREPARED BY FEOERAL RESERVE BANK OF S T. LOUIS

Springfield Metropolitan Area

Annual

Averages

i’otal Payroll
Employment
Seasonally
Tnousanas AdJustea
of Persons Index

MANPOWEri UTILIZATION
Manufacturing
Nonmanufacturin^
Employment
Employment
Seasonally
Seasonally
Adjusted
Adjusted
Thousands
Index
of Persons
Index

I960

111.0

106.8

1965

120.7

116.5
120.5

126.2
132.6

1966

1967

1968

126.6
132.0

142.6
148.4

1969

124.7
134.5
l4*.6

152.2
177.2

138.9

178.8

129.5
129.5
129.1
130.5

163-9
163.9
168.4
174.1
175.2
175.2
176.3
180.9
185.4

BANKING ACTIVITY
Unemploymerit
Hate
Seasonally
Adjusted

Total Loans ^
Seasonally
Adjusted
Index

Millions
of Dollars

SPENDING
Bank Deposits ^
Seasonally
Adjusted
Index

Millions
of Dollars

125.2

6.4
3.7
3.2
3.3

190.3

104.2
152.3

25^.5

184.7

210.0

2.8

306.k

3.2

359.6

Check Payments
Seasonally
Adjusted
Index

Millions
of Dollars

110.8
166.3
179.8

160.1

201.6

218.0

248.7

266.1

231.4

1966
Jan.

137.6
137.6

July
Aug.
Sept.
Oct.
Nov.
Dec.

51
51
51
53
53
53
53
5^
55
56
56
56

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

55
55
54
55
55
56
55
56
57
57
56
56

149.3
149-3

55
55
55
55
55
56
57
57
57

148.0
149.3
147.2
146.4
146.1
149.9
153.1
153.1
151.7

Feb.

Mar.
Apr.
May
June

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.




138.4
140.8
141.6
141.6
142.1
143-7
145.3
146.9
148.5
147.5

147.5
148.0
145-9
146.4
146.9
148.5
148.3
149.9

150.1
150.1

36
36
37
37
38
38
37
38
38
39
39
39

131.2
131.2
131*6
132.3
133.0
134.4
135.7
135.7
136.4
137.5

38
39
39
40
40
40
39
40
40
41
40
41

139.6
138.5
140.3
140.3
139.9
139.9
140.6

40
40
40
40
40
41
42
41

140.6
142.4
141.0
140.3
139.9
143.1
146.9
145.2

*.1

138.2
137.8

138.2

143.8

187.6
189.9
185.4
I83.I
182.0
170.7
174.1
175.2
177.5
179.7
180.9

182.0
I83.I

179.7
177.5

171.8
171.8
167.3
166.2

166.2
171.8
172.?

178.6
177.5

3.0
2.9
2.9

2.8

56
57
59

2.8

60
62
62

3.5

64

2.7

2.8

2.7
2.4
2.5
2.4

2.4
2.4
2.3
3.8
3.4
3.7
3.9
4.0
3.1
3.1
3.3
3.3
3.6
3.0
3.7
4.3

6.1

4.8
4.0
4.3
3.9

66
66
69

69
68
68
69
70
72
71
73
76
78

80
78
77
77

76
76
77
8l

82
81
84
87
90

272.8

111

284.0
289.3
293.2
297.6
301.5

113

306.8

316.5
317.0
329.6
334.0
334.0

334.0
343.7
3^.7
3^7.6
343.7
359.7
364.1
370.4
379.6
373.8
374.8
379.6
378.6
375.7
37^.3
392.7
39^.7
395.1
405.3
412.6
h 29.6

197.9
214.1

285
242
239

116

222.8

114
113
113

216.7

283

214.7
215.3

271
255
293

116

216.2

119

220.1

123
125

222.8

298

227.7

264

120
126

128
122
122
123
124
124

126
126
128
126
124

122
123

118
118
123
123

122

125
131
135

219.3

228.1

227.9
231.5
233.7
233.3

236.1

234.9
235.0
234.1

232.6
230.0
226.3
221.4

219.2
223.1
225.9
232.4
234.2
231.1
234.4
242.6
245.5

272

279

300
307
242

270
282
268
296
318

237.9
240.2
246.9
246.3

251.6

245.1
243.6
243.9
247.3
250.9
259.0
260.7

263.0
259.9

261.1

259.1
262.5
262.7
264.7

289

266.6

314
317
274
318

268.4
270.4
273.5

332
271
309

312
298

330
348

328
329

280.8

288.5
287.7

28bJ*

284.4
289.7

288,8
292.8
269.2
291.2

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

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

SPRINGFIELD
MISSOURI
M E T R O P O L I T A N AREA

SEASONALLY AOJUSTED

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970
SPRINGFIELD
TOTAL PAYROLL EMPLOYMENT

1969

1970

1968

1969

-0 .3

+ 1 3 .2

+ 4 .0

TOTAL DEPOSITS

+ 5 .5

+ 6 .7

CHECK PAYMENTS

+ 8 .5

+ 8 .8

TOTAL LOANS

1968

+ 1 .1

U .S .

1970

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE




U.S.

CHECK PAYMENTS

1 9 5 7-5 9-100

PER CENT

*

SPRINGFIELD

1 9 5 7 -5 9 -1 0 0

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Fort Smith Metropolitan Area
BANKING ACTIVITY

MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
oi' Persons Index

I 960

95.9
132.9
139.1
142.8
146.7
152.4

1965
1966
1967
1968
1969
1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
jcpt.

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

41
42
42
42
43
43
44
44
45
44
*5
45

143.2
144.1
143.7
144.1
144.7
145.3
1*7.8
148.7
148.7
148.9
149.8
150.9

44
44
44
45
46
45
45
45
45

152.6
152.8

46
45
45

44
44
44
45
46
46
45
45
45




153.3
153.5
153.5
152.9

152.0

150.7
151.5

152.6

151.9
151.9

152.1
152.0
153.3
154.4
154.3
154.0

150.8
15U3
150.5

92.7
126.7
133.5
135.1
136.9
139.5

27
27
27

28
28
28
29
29
29
29
29
29

28
28
28
29
29
29
29
29
29
29
29
29

28
28
28
29
30
29
29
29
29

134.3
135.5
135.1
135.8
135.5
136.9
138.4

138.2
138.4

138.0
138.0
138.9
140.0
139.7
139.8
139.5
139.6

138.8
138.1

139.2
138.7
140.2
140.4
139.7
139.0

138.8
139.5
140«2
142.0
139.8
139.8
139.2
139.4

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

103.4
147-3
152.4
160.7
169.4
182.7

8.9

164.1
164.2

5.3
5.1
5.0
5.3
4.9
4.7
4.6
4.3
4.5
4.4
4.9
4.4

163.8
163.4
166.3
164.9

169.8
173.0

172.8

174.5
177.5
178.7
181.3
183.4

6.8
6.1

5.2
4.8
4.5

184.3
177.5
181.3
181.5
178.9
180.4

4.7
4.8
4.9
4.4
4.4
4.4
4.1
4.6
4.*
4.5
4.5
4.4

182.6
182.8

4.8
4.6

185.0
186.3

186.2
185.8

185.5

5.0

187.3

4.8
5.0
5.1

187.4
183.2
176.6

179.3

176.2

Total Loans i/
Seasonally
Adjusted
Millions
of Dollars
Index

5.7
6.0
6.1

SPENDING

Bank Deposits i/
Seasonally
Millions
Adjusted
of Dollars
Index

115.5
200.4
208.4
208.3

103.2
168.2
169.0
174.9

182.8

189.2
203.0

237.1

192.9

223.9

213.8

74
75
75
76
77
78
78
77
77
78
78
79

209.2

120

209.7
209.5
210.9

118

213.1
213.6

120
118

214.5

117

213.6
215.0
217.5

219.2
220.1

180.2

117

182.5
181.7

120
120

123
124

126

223.1

126

225.3

123

83
84

229.5
229.5
237.0
243.5
246.5
249.6
251.3
253.8

127
129
132
133

251.0
251.8

126

86
88
88
90
90
91

89
90
90
91
92
93
92

92

93

227.6
229.0

251.5
254.3
255.2
254.0
253.2
254.0

262.1

178.9

117

80
81
82

79

Check Payments
Seasonally
Millions
Adjusted
of Dollars
Index

122

123
124
125
127

128

132

127
129
129
132
137
137
139

186.0
182.0
178.2
182.6

183.9
185.7
185.7
186.7

188.2
189.2
188.5
190.7
193.1
193.1
192.7
195.7
194.3
194.7
197.6
197.4

196.9
194.8
196.3
200.7
200.9
203.9
208.5

208.8
212.1

105.0
153.2
171.9

180
151

158

167
177
157
193
179

170
192
175
193
196

158
182
184

195.5
193.6
189.7
194.0
194.5

200.6
202.6

208.7
212.5
210.9
216.5
216.4

217.8
215.3

212.0

212.7

182

217.8

193
213

223.9
228.7
229.3
234.3
231.3

186
198

210
180
210
230
203

211

215
203

226
2*3

210
221

232.8

230.9
240.4
236.7
232.5
225.1
229.3
234.6
238.5
238.3
237.5

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0

1 9 5 7 -5 9 -1 0 0

1 9 5 7 -5 9 -1 0 0
440

TOTAL LOANS
1 9 5 7 -5 9 -1 0 0
440

420

420

400

400

580

380

360

360

340

340

320

320

YEAR ENDING
SEPTEMBER 1970
FORT SMITH

U .S .

TOTAL PAYROLL EMPLOYMENT

-0 .7

-0 .3
4 -4 .0

300

TOTAL LOANS

280

280

TOTAL DEPOSITS

4 -9 .2

*6 .7

260

260

CHECK PAYMENTS

4 -1 .4

4 -8 .8

___ ^

240

&

220

220

200

200

160

1970

SEASONALLY AOJUSTED INDEX

300

180

180
1969

PERCENTAGE CHANGE

4-6.3

240

1968

FORT S M I T H
ARKANSAS
M E T R O P O L I T A N AREA

BANKING A C T I V I T Y

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

111111111»1

1968

1 1 I.U..1 llll-L. n 1 n [ 111,-Lj-

1969

1970

160

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPO SITS

PER CENT

UNEMPLOYMENT RATE

1 9 5 7 -5 9 -1 0 0




U.S.

1 9 5 7 -5 9 -1 0 0

PER CENT

1968

FORT S MI T H

CHECK PAYMENTS

K BEGINNING WITH JULY 1 9 6 9 . LOANS ARE REPORTED
GROSS. RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

1969

1970

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Pine Bluff Metropolitan Area
MANPOWER UTILIZATION

Annual
Averages

Total Payroll
Employment
Seasonally
Thousands Adjusted
of Persons Index

I 960

1965
1966
1967
1968
1969

107.7

101.8

13U .3

135.8
145.1
147.9
150.3
153.0

141.9
144.2
147.1
149.1

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

Nonmanufacturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

18
18
18
18
18

25
25
25
25
25
25

145.8
146.9
145.2
144.0
144.5
146.5
147.1
148.9
148.0
149.0
149.7
149.8

2k
2k

149.4
149.3

19
19
19
19
19
19
19
19
19
19
19
19

24

2k
2k
2k
2k
2k

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

25
25
25
25
25
25
25
25
25
25

149.2
148.9
146.9
147.1
148.6
149.1
149.0

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.

2k
2k
2k
2k
2k
2k
2k
2k
2k

149.5
149.0
147.7
147.2
146.6
14&.9
143.5
14W9
146.0




150.6
150.6
150.2

19
19
19
19
19
19
19

19
19
19
19
19

18
18
18
19

149.1
150.7
148.2
146.6
147-5
149.5
149.9

152.2

151.3
152.3
153.2
153.5
153.0

152.8

154.4
154.8
154.3
153.2
153.2

150.8

150.5

152.6

153.0
153.0

154.7
153.7
152.3
152.5

152.1
147.4
148.6
lM>*4
151.5

BANKING ACTIVITY____________________

Manufacturing
Employment
Seasonally
Adjusted
Index

Unemployment
Rate
Seasonally
Adjusted

125.3
129.9
132.3
133.3
137.7
137.7

6.3
4.0
3.6
4.0
3.9
3.9

136.1

4.4
3.9
4.1
4.3
4.2
3.9
3.7
3.7
3.7
3.4
3.7
3.8

135.8

136.2

136.3
135.8
137.7
138.9
139.2
138.3
139.2
139.5
139.1

138.8
138.8
139.5

138.2
138.2
137.5
136.1
135.7
137.2
136.9
137.6
137.4

134.5
135.2
134.0
131.7
130.4

129.8
128.6
128*6
130.1

3.5
3.7
3.8
3.6
3.6
3.6
3.7
3.7
4.0
4.4
4.6
4.3
4.6
5.1
5.7
6.3
5.7
5.2
4.8
5.8

6.1

Total Loans
Seasonally
Millions
Adjusted
Index
of Dollars

Bank Deposits
Seasonally
Millions
Adjusted
Index
of Dollars

68
68

123
119

120

69
71
73
73
74
75

287.3

119

296.3
297.5
304.5
304.5

119

118
118
122

76
77

309.0
312.3

123
127
132

78
79
79
79
79

317.6
327.9
328.3
327.0
324.6
323.8
322.5
313.1
313.1
318.4
320.9
318.4

76

80
79
76
77
78
79
78

290.6

308.6

317.6
325.0
329.1
320.9

120

201.8
201.0
201.2
201.2
203.7

203.0
202.6
203.4
204.1

203.8
205.0

176.9
192.9
203.7

223.2

111
95
96

100
92

219.7
212.4

213.6
202.7
199.8

88
108
88
100

205.0
208.2
208.2
185.0

125

177.6
194.8
217.4

128

209.5

132

126

208.0

116

230.2

123
123

207.7

91
107
113

223.1

123
121
121
118
115

120
125

128

207.0
206.6
205.3
205.7

202.2

199.0
200.7
205.5
204.9

100
109
117
96
119
136

127

201.2

124
146

123

202.6
202.9

122
106

78
79
79
78
78
79

322.1
320.1

120

202.8

84
84

325.8
348.4
342.2

125
127
129

220.3
216.2

80

113.5

162.0

197.3
203.4
204.5

275.8
277.5

283.6

_______ Check Pay— nta
Seasonally
Millions
Adjusted .
of Dollars
Index £/

108.2
165.0
183.8

128.7
244.5
256.5
275.5
295.6
321.3

67

____________SPENDING

120
120
120
117

202.9

115

201.8

118

196.3

109
125
123
115
129

214.0

227.8
227.2
229.6

235.3

238.6

234.0
205.9

192.2
205.0
229.5

252.6
245.0
248.7
244.6
250.6
254*5
263.1
258.9
257.2

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

BANKING A C T I V I T Y

TOTAL PAYROLL EMPLOYMENT

TOTAL LOANS

P I N E BLUFF
ARKANSAS
M E T R O P O L I T A N AREA

SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
SEPTEMBER 1970
PINE BLUFF

U .S .

TOTAL PAYROLL EMPLOYMENT

-0 .7

-0 .3

TOTAL LOANS

+ 9 .3

+4 .0

TOTAL DEPOSITS

+ 7 .7

+ 6 .7

CHECK PAYMENTS

+ 2 4 .9

+ 8 .8

SPENDING

SEASONALLY ADJUSTED

TOTAL D EPOSITS
260
PER CENT

UNEMPLOYMENT RATE

240

PER CENT

220
200

180
160
140
1968
*

P I N E BLUFF



U.S.

1969

1970

BEGINNING WITH JULY 1 9 6 9 , LOANS ARE REPORTED
GROSS, RATHER THAN NET OF VALUATION RESERVES
AS DONE PREVIOUSLY.

120

1968

1969

1970

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

State Summary
MANPOWER UTILIZATION

Annual
Averages
I960

1969
1968
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jem.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.

103.2
115.8
121.8
125.4
129.3
133.8

N.A.
108.5
111.5
113.3
115*1
117.5

102.8
111.2
114.1
116.4
118.8
121.9

103.7
120.1

113.1
114.2
114.2
114.4
114.6
115.5

117.3
118.2
118.4
118.4
U 8.9

132.4
133.4
133.9
134.1
134.6
135.1
135.4
135.9
136.3
137.0
137.6
137.8

130.0
130.5
131.0
131.5

120.6

138.6

132.0

121.3
121.5
121.4

138.5

132.5
133.0
133.3
133.6
133.9
134.0
134.2
134.4
134.9
134.8
134.9

115.2

115.4
H5.7
116.0
116.6
116.8

117.5
117.3

117.2

117.5
117.3

116.6

117.4
117.3
U7.9

118.2

117.9

118.2

118.1
119.0

119.0

118.9
118.9

119.0

119.1
119.5

120.0

121.0
121.6
121.9
122.3
122.3
122.7
122.9

123.2

123.7
123.3

123.8

118.4
117.3

123.5

116.4

122.4
123.0
122.7

117.6
116.7
116.2

122.7




127.6
131.5
135.3

139.6

138.8

139.1
139.2
139.5
139.7
140.0
140.3
140.6
140.2
140.5
140.4
141.6
141.3
140.4
139.6
139.1

138.8
138.6

127.1
127.9
128.2
128.5
128.7
129.1
129.4

129.8

135.2
135.4
135.7
135.5
134.9
134.4
13^.3
134.0

Nanmaaufacturing
Employment
Five
United
States
States
103.6

104.1

119.0

119.0

125.1

124.6

129.6
133.0
137.6

130.3
131.4
131.8

131.8
132.3
132.7
132.9
133.5
133.8
134.7
135.2
135.4

136.5
136.5
136.4

136.8
137.1
137.^
137.3
137.7
138.4
138.7
139.0
139.^
139.8
140.8
140.4
139.5
139.1
138.7

138.2
138.0

CM O

1966

Total Payroll
Employment
united
Five
States
States

H H

1965
1966
1967

Total
Employment
Five
United
States
States

139.5
131.2

132.3
132.7
133.1
133.1
133.7
134.1
134.6
134.9
135.5
136.0
136.5
137.3
137.8
138.2
138.7
139.1
139.5
139.6
139.9

INCOME

Manufacturing
Employment
Five
United
States
States
104.1
122.6
133.5

101.2

140.7
144.2

119.2

136.2

137.5

138.0
138.8
139.3
140.1
141.0
141.2
141.6
142.2
142.5
143.2
143.4

140.1
140.9
141.2
141.3

143.6
143.1
144.4
144.6
1^3.9
144.5
145.4
145.3
144.7
144.9
143.1
143.2

141.9
142.5
142.8
143.0
142.8
142.3
142.4
142.3

142.0
143.6
143.6
142.4
140.9
140.1
140.3
140.1

108.8
115.8
117-2

121.5
118.2
118.2
118.3
118.7

119.0
119*2

119.2
119.4
119.5
119.7

120.1
120.6
120.6
121.1
121.5

121.6
121.7

122.0
122.0
122.0
122.0

121.9

121.0
121.0
120.6
120.1
120.2

119.3
H7.9
117.3
116.9

116.1

Unemployment
Rate
Five
United
States
States
N.A.
4.7
4.1
4.3
3.9
3.7

5.5
4.5
3.8
3.8
3-6
3.5

4.4
4.0
4.0
4.0
3.8
3.8
4.2
4.1
3.8
3.7
3.8
3.5

3.6
3.8
3.7
3.5
3.6
3.7
3.7
3.5
3.5
3.5
3.4
3.3

3.4
3.5
3.5
3.7
3.7
3.8
3.7
3.8
3.8
3.7
3.9
3.9

3.4
3.3
3.4
3.5
3.5
3.4
3.5
3.5
3.8
3.8
3.5
3.5

4.1
4.1
^.3
5.1
5.2
4.7
4.7
4.8

3.9
4.2
4.4
4.8
5.0
4.7
5.0
5.1

Personal
Income
Five
United
States1
States

Farm Cash
Receipts 3/ 4/
Five
United
States
States

108.1

3,431
4,280
4,398
4,425
4,683
4,851

34,010
39,160
43,094
42,693
44,218
47,229

362

3,636
6,523
9,391
12,213
15,203
18,265
21,845
25,520
29,685
34,984
40,002
44,218

147.6
161.9
173-8
191.1
205.2

180.6
184.1

186.1
187.7

190.2

192.1
192.3
192.9
194.9
196.7

196.8

109.8
147-5
160.8
172.3
188.5
205.0

179.6
181.7
183.9
184.6
186.4

188.1
189.5

191.0
192.4
193.8
195.1

598

827
1,062
1,307

1,586
1,916
2,204
2,561
3,207
4,021
4,683

198.4

196.2

199.7
199.5
201.5
203.4

197.2
198.5
200.4

435

203.8

201.6
202.8

205.7

204.3

1,238
1,510
1,807
2,138
2,441

208.0
206.0
208.6
208.3

208.8
209.6
211.4

212.0
215.2
217.4

218.0
220,8
222.1
N.A.

206.0
207.6
208.9
209.9
210.9

212.0

212.9
213.9

215.6
220.6

218.9
218.5
219.9
N.A.

708
982

3,951
7,035
10,209
13,379

16,652
20,036

2,826

23,773
27,594
32,ia

3,472
4,214
4,851

42,685
47,229

423

712
1,010
1,293
1,575

1,882
2,230
2,526

37,600

4,159
7,475
10,976
14,356

17,626
a ,086
25,011

28,830

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

CENTRAL M I S S I S S I P P I
V A L L E Y S T A T E SUMMARY

TOTAL PAYROLL EMPLOYMENT

1 9 5 7 -5 9 -1 0 0

1957 -5 9 -1 0 0
180

PERCENTAGE CHANGE

170

SEASONALLY ADJUSTED INDEX

160

YEAR ENDING

150

AUGUST 1970

140

STATE
SUMMARY
TOTAL PAYROLL EMPLOYMENT

130

NONMANUFACTURING

120

TOTAL NONMANUFACTURING
160

*

-1 .0

-0 . 1

+0 .2

+ 1 .7

-3 .6

-4 .8

TOTAL EMPLOYMENT

-0 .8

+0 .3

PERSONAL INCOME *

+6 . 8

+6 . 7

MANUFACTURING

110

U .S .

YEAR ENDING JULY

150
140
130

1957-59-100 TOTAL EMPLOYMENT 1957-59.100

280

120

140

260

1 10

130

250

120

240

190

110

230

180

100

220

150




1 9 57-5 9-100
300

270

160

U.S.

SEASONALLY ADJUSTED

150

170

STATES

1957-5 9 -1 0 0

INCOME

290

TOTAL MANUFACTURING

C.M.V.

PERSONAL

210

PER CENT

UNEMPLOYMENT RATE

PER CENT
10

200

190

140

180

130

170

120

160

110

150

100

140
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Arkansas
MANPOWER UTILIZATION__________________________________________

Annual
Averages
I 960
1965
1966
1967
1968
1969

1966
Jan •
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.

Total
Employment
Seasonally
Adjusted
Thousands
Index
o! Persons
555

628
646

658
674
698
620
642
654

661
672
697
693
701

691
696

698
666
652

663
675
693

706
715

721

718

710
724

720
679

665
673

680
690
703

712

706
713




Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

367

Nonmanufacturing
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

105.9
131.3
140.0
143.6
148.0
153.4

26?

126.7

527
524
524
523
525

144.9
146.4
146.0
146.4
146.8
147.6
148.5
149.2
148.9
149-7
150.4
150.9

338
343
346
350
352
359
359
363
361
361
359
361

127.7
127.3

515
516

152.5
152.3

352
353
357

102.4
115.9
119.3
121.4
124.4

128.8

455
485
498
513
532

121.5
123.3

496

123.1
122.9
122.9

124.5
124.2
125.4
125.7

125.8
126.8

127.2
128.6
129.1

128.0
129.2
128.6
129.4
130.3
130.5
129.3

130.2
129.1

489
500
504

508
519

521

522
527
532
540
540
543
540
539
535
536

526
527

128.2

526

127.9
128.5
127.6

531
532
538
535
539

126.5
128.0

152.6
152.8

153.8
153.5
154.1
153.7
153.7
154.1
153.9
154.1

155.6
155.6
153.9
154.1
153.9
152.9
152.4

152.6

321
338
346
354
364

360
363
370

368

371
370

368
367
369

359

36E
361
365

368
371
369
371

104.1

126.1
132.6
135.8
139.2
143.0

136.8
138.4
137.9

138.2
138.2

138.9
139.5
140.1
139.7
140.7
140.8
141.2

142.6
142.3
142.1
142.0
143.0
142.9
143.2
143.2
143-5
143.6
143.8
144.2

145.2
145.7
143.7
144.1
144.7
I4 3 .6
143-5
143-3

Manufacturing
Employment
Seasonally
Adjusted
Index

Seasonally
Adjusted

110.8

6.6

145.4
160.3
164.9
172.1

5.2
4.5
4.4
4.2
4.2

167.2
168.2

4.7
4.4
*.5
4.5
^-3

182.1

168.5
168.9
170.4
171.4
173.5
174.1
174.4
174.5
176.9
177.6

179.8
179.9
181.5

182.8

183.5

182.8
183.9

182.6
182.1
183.0
181.6
181.3

184.1
182.9

181.8
181.6

179.3
178.1*
176.7

178.0

____________________________ INCOME

Unemployment
Rate
Millions
of Dollars
Monthly Rate
205

298
328

112.5
163.7
179.8

344
384
415

189.0
210.6
227.8

360

199.5

4.0
4.0
4.0
4.0
4.1
4.1

347
350
357
365
379
378
384
397
446
447
401

3.8
4.0
3.9
4.0
4.0
4.2
1**3
4.3
4.4
*.3
4.6
*•3

407
378
385
393
401
411
411
411
423
465
470
428

4.4
4.6
4.9
5.0
5.3
5.1
5.1
5.5

443

4.2

Personal
Income
Seasonally
Adjusted
Index

405
409
422
424
438
438
N.A.

201.6
203.0
206.1
209.9

210.0
212.0
214.7

216.2
219.2

219.9

215.6

224.6
219.9
223.5

226.2
230.1
228.0
230.1
229.8
230.4

229.0
231.2

Farm Cash
Receipts
Millions
,
of Dollars 2J
2,459
3,581
3,931
4,132
4,611
4,983
360
707
1,057
1,414
1,779

Millions
1
of Dollars 2!

669
910
986
914
999
1,039
46

81
118

2,920

157
199
259
316
370

3,317
3,763
4,210
4,611

851
999

2,158

2,536

407
785
1,170
1,563
1,964
2,375

2,786
3,197

3,620

231.1

4,085
4,555
4,983

244.0
235.6
237^
242.4
243.1
243.0
244.9
N.A.

4*0
848
1,257
1,679
2,103
2,541
2,979
N.A.

443
607

66
112
155

201
250

316
374
428
515

692
900
1,039

59
103

150

196
243
309
372
423

MANPOWER
UTILIZATION
SEASONALLY

ARKANS AS

a d ju steo

total

1$57 -5 9 *1 0 0

PAYROLL EMPLOYMENT

1 9 5 7-5 9-100
180

PERCENTAGE CHANGE

170

SEASONALLY ADJUSTED INDEX

160

YEAR ENDING

150

AUGUST 1970
ARKANSAS

140
TOTAL PAYROLL EMPLOYMENT

150

TOTAL N0 NMANUFAGTUR1 N6
*

160
150

150

?40

140

U .S .
-0 . 1

NONMANUFACTURING

+0. 1

+ 1 .7

MANUFACTURING

-2 .5

-4 .8

TOTAL EMPLOYMENT

-0 .5

+0 . 3

PERSONAL INCOME *

+ 6 .4

+ 6 .7

120
1"10

-0 .7

YEAR ENDING JULY

00

PERSONAL

INCOME

SEASONALLY ADJUSTED

1957 • 5 9 - 1 0 0
300

1 9 5 7 - 5 9 - • 100
300

290

290

280

280

270

270

: 30

150

120

120

260

260

110

250

250

240

240

190

230

230

180

220

170

210

no

M i l I I.,I 1.11

i l l

1968

I l . l l.l. I 11

1969

i - u j . - U . x i . 111

1970

.

50

TOTAL MANUFACTURING

160
150

PER CENT

UNEMPLOYMENT RATE

PER CENT

10

10

130
—

120




U.S.

200

190

Z L

180

170

170

160

160
150

150

110

ARKANSAS

210

2

190
180

140

100

200

220

X

i i 1 t i 1x j -L i i-

i i 1 i i L i-x lx x -

n l . J j i . L i i .

1968

1969

1970

M O

-X-

,1 l I I X

1968

1

X J — .1.1 I I I I 11.1.1 i.1.1.,1 I I I 1.1J.

1969

1970

140

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS

Ke n t u c k y
Total
Employment
Seasonally
Thousands
Adjusted
Index
of Persons

______________MANPOWER UTILIZATION
Total Payroll
Nonmanufacturing

Employment
Seasonally
Adjusted
Thousands
Index
of Persons

N.A.
1,027

N.A.
104.3

1,065
1,090
1,112

108.2
110.7
112.9

836
869

1,127

114.5

895

1,027
1,042

110.1
112.0

827

1,060
1,085

1,122

1,155
1,137
1,137
1,167
1,158
1,142
1,117

1,075
1,065

1,082

1,104
1,132
1,154
1,149

1,161

1,178
1,176
1,133

1,116

1,046

1,082
1,095
1,105
1,136
1,155
1,13*
1,154




111.9
112.5
112.7

113.6

113.7

112.3
113.2

H3.7
H 4.9
114.6

654
759
804

837
845

858

871

876
871
874

881
891
893

900

115.2

869

114.3
114.4
114.3
114.0
113.7
114.6
H 4.7
114.6
115.4
114.1
JLL4.9

871
875

111.9
116.1
115.7
114.3
114.5
113.7

112.8
114.0

888
897

908
902
902

911
914
895

906

864
893

896
902
909

912
903
907

102.6
119.1

126.2
131.2

Employment
Seasonally
Thousands
Adjusted
of Persons
Index
482
553
577
604

122.7

648

137.7

132.5
134.2
134.9
135.2
135.9

593
604

136.0

136.3
136.9
137.1

636

139.2
139.2

647
647
648

138.2

139.3
139.3
139.5
139.9
140.1
140.8
141.3
141.3
141.7
141.7
139.4
140.2

138.6
142.8
142.8
142.1
142.0
141.4
141.3
142.1

629
631

624
625

130.0
131.9
132.5
132.7
133.0
132.9
133.4
133.9
134.0
135.9

136.6

136.3

136.8

629

136.4
136.5

644
652
657

137.2
137.8

652
652

60O
660
655

662
630
640
644
653

Rate

123.1
135.5

136.3
140.4

625

.Employment
Seasonally
Adjusted
Index

102.6

117.6

128.5
133.6

632
634

Unemployment

102.5

628

610

___________________INCOME
Manufacturing

136.8

138.2

138.5
139.0
138.5
138.3
138.9
138.1
139.4
139.5

138.8

662
662

139.3

658
658

139.5
139.7

138.8

138.8

143-9
147.8

Seasonally
Adjusted
N.A.
5.9
5.1
5.1
4.7
4.2

Millions
of Dollars
Monthly Rate
399
541
595
645

710
762
685

139.5
140.5
141.7
142.2
144.1
144.7
144.7
145.2
145.8
144.7
146.7
147.5

5.1
4.6
4.7
4.5
4.5
4.6
6.5

709
705

4.3
4.0
4.0
3.9

714
730
727
819

146.5
147.5
147.8
148.6
148.1
149.5
149-9
149.2
149.3
150.5
142.6
143.9

4.0
4.2
3.8
4.4
4.1
4.2
3.9
4.0
4.2
4.1
4.4
4.8

757
713
731
742
744
776
767

139.8
152.5
151.9
151.3
149.6
148.9
146.7
148.9

4.6
*.9
4.5
5.2
5.5
5.2
5.4
5.2

6.1

663
675

688
700
702

Personal
Income
Seasonally
Adjusted
Index
109.5
148.5
163.3
177.1
194.9

4,792
6,489
7,143
7,735
8,517
9,143

181.5

685
1,348
2,023
2,7U
3,411
4,120
4,825
5,527
6,241
6,971
7,698
8,517

209.2

188.0
191.6
192.9
194.9

196.0

197.9
197.2
197.8

198.8
197.6
204.4

201.3

202.0
206.2
207.6
207.3
214.3
215.1

718

201.1

778

215.1
214.4
214.8

788
788
841

210.6

793
772
792
814

211.3
218.5

812

835
807
N.A.

Millions
of Dollars

222.8

227.5
226-3
83&t4

226.0
N.A.

757
1,470

2,201

2,943
3,687
4,463
5,230
5,948

6,726

559
687
725
824

826
886
96
135
171
209

247

285
333
381
1*36
511
633

826
108
152
195

236
278
321*

373
1*22

8,302

i*79
561
683

9,143

886

7,514

793
1,565
2,357
3,171
3,9^3
4,818
5,625
N.A.

111

162
211

258
304

351

MANPOWER
UTILIZATION
SEASONALLY

KE NT UCKY

a d ju sted

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
AUGUST 1970
KENTUCKY

-0 .1
♦ 1 .7

-0 .2

-4 .8

TOTAL EMPLOYMENT

-0 .6

♦0 . 3

PERSONAL INCOME *

+5 . 1

♦6 . 7

MANUFACTURING

TOTAL NONMANUFACTURING

+0 .6
ID

NONMANUFACTURING

o

TOTAL PAYROLL EMPLOYMENT

U .S .

PERSONAL

1NCOME

SEASONALLY ADJUSTED

160
150
140
130
120
110

TOTAL MANUFACTURING
190
180
170
160
150
140
130
120
110
100

KENTUCKY



U.S

PREPARED BY FEDERAL RESERVE BANK OF ST. l OU!S

Mi s s i s s i p p i
MANPOWER UTILIZATION_____________________________________ ___________________________________________ INCOME

Annual
Averages
I 960
196b

1966
1967
1968
1969

Total
Employment
Seasonally
Adjusted
Thousands
oT Persons
Index

700

103.0

737
755
755

108.4

766
786

111.2
111.1
112.6
115.5

Total Payroll
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

105-8

Nonmanufacturing
Employment
Seasonally
Adjusted
Tnousands
Index
of Persons
284
333
353
365
373

404
485
519
532
548
569

127.1
13t).0
139-3
1*3-5
1*9.0

537
5*1
543
5*5
547
548
548
550
550
552
555
558

1*0.7
1*1-7
142.1
142.6
1*3-3
1*3-5
143-5
14*. 0
144.0
144.7
145.4
146.1

367
370
371
372
373
372
372
373
373
375
376
378

561
563
563
564
567
567
570
572
575
575
574
575

147.0
147-3
147-5
147.6
1*8.4
148.6

381
381

387

1908
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

757
761
763
764

764
764
764

768
767
769
772
775

111.4
111.9

112.1

112.3
112.4
112.3
112.4
112.9

112.8

113.1
113-5
113.9

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

766

115.6

787
789
791
791
790
791

116.4
116.4

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.

785
785
787
792
793
798
795
793

778
779

781
781
783




114.5
114.6
114.8
114.8
115.1
115.7

116.0
116.2
116.4

117-2
116.8
116.8
117.0
116.7
116.3
116.7
116.4

570
570
572
577
578
575
575
578

149.2
149.8
150.6
150.6
150.4

150.6
151.9
151.4
151.3

151.6

151.3
149.7
150.7
150.7

105.8
123.8
131.5
135.9
138.3
144.2

136.8
137.9

138.1

138.*
138.3
138.7
138.7

138.8
138.8

139-4
140.1
140.9

390
393
393
393
394

142.0
141.9
142.2
142.3
143.0
143-5
144.4
145.4
146.3
146.4
146.4
146.5

390
390
392
398
399
395
396
397

148.2
147-8
147-6
148.5
148.3
1*6.7
1*7.6
148.0

382
382
384
385

388

Manufacturing
Employment
Seasonally
Adjusted
Ir.dex
105.9
134.3
1*6.9
147-5
154.6
160.3

150.0
150.6
151.5

152.8

153.9
154.9
155.0
156.3
156.3
157.1
157.9

158.6

159-0

160.1
160.3
160.3

161.1
160.6

160.5
160.4
160.7
160.5

160.1
160.0
160.7

160.0
160.0
158.9

158.-+
156.8
158.2
157.3

Unemployment
Rate

Personal
Income
Seasonally
Adjusted
Index

Seasonally
Adjusted

Millions
of Dollars
Montnly Rate

6.7
4.6
4.2
4.3
4.5

219
309
346
371
406

*.2

432

5-0
4.6
4.5
4.5
*.5
4.5
4.4
4.5
4.6
4.4
4.5
3-9

379
375
38*
376
389
399
394
404
412
461
466

3.8
4.0
4.1
4.3
4.1
4.2
4.2
4.6
4.2
4.3
4.4
4.0

415
405
410
413
420
421
423
428
435
476
478
455

225.4
222.5
227.4

4.0
4.4
4.8
5.2
4.9
4.9

442
422
436
4^4
446.
451
455
N.A.

235-5
230.5
236.4
243.8
241.1
242.0
246.7
N.A.

'*.8

5.1

438

114.5
161.7

181.1

193-9
212.*
225.7

201.2
205.5
208.9
206.9
210.7
213.5
214.7
217.3
217.1

218.1

214.8
219-9

220-9
221.4

222.6
227-0
227.3
225-7

229.8
229.5

228.8

Farm Cash
Receipts
Millions
of Dollars

2,632
3,712
4,153
4,454
4,877
5,179

379
754
1,138
1,514
1,903

2,302
2,696
3,100

j
»

Millions
of Dollars
592
819
751
767
824
807
74

116
158
197
243
295
344

388

3,512
3,973
4,439
4,877

442
561
716
824

415

99
153
205

820
1,230
1,643

2,063
2,484
2,907
3,335
3,770
4,246
4,724
5,179
442
864

1,300
1,744
2,190
2,641
3,096
N.A.

250

299
349
396
440
494
603
731
807
84
139
193
241
294
349
404
447

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

MISSISSIPPI

TOTAL PAYROLL EMPLOYMENT

1957-59-100

1957-59-100
180

PERCENTAGE CHANGE

170

SEASONALLY ADJUSTED INDEX

160

YEAR ENDING

150

AUGUST 1970
MISSISSIPPI

140
TOTAL

130

*

160

-0.1

NONMANUFACTURING

+1.8

+1.7

-1.9

-4.8

EMPLOYMENT

+0.3

+0.3

PERSONAL INCOME *

+7.4

+6.7

TOTAL

TOTAL NONMANUFACTURING

+0.6

MANUFACTURING

120
110

U.S.

PAYROLL EMPLOYMENT

PERSONAL

INCOME

SEASONALLY ADJUSTED

YEAR ENDING JULY

150
140
130

1 9 5 7 - 5 9 - 1 0 0 TOTAL
150

120

140

140

110

130

130

120

120

TOTAL MANUFACTURING
190
180

EMPLOYMENT

i 9 5 7 - 5 9 - 1 00

150

110

110

100

i» I i i I i i I i I

1968

i i l n

111.1 1 i

1969

i i I n I u

1970

1n

100

170
160
150
140

130
120
110
100

MISSISSIPPI



U.S.

PREPARED BY rpoERAL RESERVE BANK OF ST. uOUlS

Missouri
MANPOWER UTILIZATION___________________________ _______ ________

Annual
Averages
I960

1965
1966
1967
1968
1969

Total
Employment
Seasonally
Adjusted
Thousands
Index
of Persons

1,783
1,837
1,899
1,937

1,966

107.6
109.7
111.4

1,99*

113.0

1,853
1,871
1,913
1,939
1,957
2,025

109.6

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

101.0
104.0

2,011
2,006

2,035

2,028

110.4
110.3
110.3
110.5
111.9

111.1
111.6
112.1

112.5
112.7

1,978
1,973

113.2

1,914
1,914
1,956
1,99*
1,989
2,017

112.8
112.8
113.2
112.5
111.5

Total Payroll
Employment
Seasonally
Thousands
Adjusted
Index
of Persons
1,3*8
l,*73
1,5*9
1,592

1,629
1,668

1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.

113.3

2,034
2,020
2,058
2,050

113.6

1,999

113.9

112.4
112.5
113.3

120.8
123.6
126.5

1,578
1,582

121.6
122.1

1,623
1 ,6*1
1,631
1,625
1,653

122.5
122.5
122.9
123.4
123.4
123.7
124.6

1,601
1,616

1,660

125.2

1,664
1,671

125.4

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

102.3
111-7
117.5

1,641
1,627
1,648
1,664
1,657
1,672

125.6
126.2
125.4

126.2
126.2

125.4
125.7

1,666

126.1

1,673
1,685

127.3

1,690
1,691

127.0

127.3
127.5

1,986

113.8

1,699

127.6

1,908
1,928

112.9
113.5
112.9
111.4
112.5

1,634

125.7

1,957
1,965
1,987

2,003
2,011

1,983




110.8
111.1

110.4

1,650

1,661

1,653
1,646
1,655
1,639

1,630

127.0
127.2

125.3
124.4

124.5
124.2
124.0

Nonmanuf&cturing
Employment
Seasonally
Adjusted
Thousands
Index
of Persons
955

102.6
113.4

1,104

118.6

1,138

122.3
125.7

1,056

Manufacturing
Employment
Seasonally
Adjusted
Index
101.4

107.6
115.0
117.2

1,170
1,209

129.8

118.5
118.5

1,126

123.6

116.7

1,133
1,147

124.2
124.6
124.6
125.1
125.5
125.4

1,162

1,169
1,178

1,168
1,168
1,187
1,194
1,197
1,204

1,177
1,179
1,187
1,205
1,209

1,212
1,201
1,206

1,224
1,230
1,232
1,240

1,187
1,209
1,215
1,215
1,209

126.0
126.5
127.3

117.0

117.7

117.6

117.7
118.4

118.8
118.2
120.0
120.4

127.6

120.1

127.9

H9.9

128.8
129.0

119.9
116.7
119.5

128.9

129.2
129.2

119.0

116.3

129.1

117.6
119.2

130.4

120.5
118.7
118.5

129.0
130.1
131.0
131.3
131.7

130.0
132.2
13L.9

118.2

117.7

H5.5
114.8
115.?

130.2

113.6

1,213

129.1
129.2

1,199
1,190

128.4

113.2
113.1
113.I
113*3

128.8

____________________________ INCOME

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Monthly Rate

4.8
3.7
3.3
3.4
3.3
3.3

762
997
1,071
1,148
1,255
1,332

3.7
3.3
3.4
3.4
3.3
3.4
3.4
3.3
3.2
3.2
3.4
3.0

1,195

1,186

1,194

Personal
Income
Seasonally
Adjusted
Index
104.6
136.8
147.0
157.6
172.3

182.8

165.3
165.9
166.5

1,206

169.2

1,236
1,283
1,255
1,229
1,297
1,341
1,332
1,310

171.1
174.0
172.4
172.3

1,280

176.2

177.8
178.7
177.8

2.9
2.9
3.1
3.3
3.2
3.5
3.4
3.2
3.5
3.2
3.3
3.6

1,395
1,384
1,383

187.3

3.8
3.6
4.1
5.4
5.7
4.5
4.3
4.3

1,358
1,349
1,383
1,352
1,397
1,455
1,462
N.A.

187.5
188.7
192.5
189.3
193.6
197.5
200.4
N.A.

1,271
1,292
1,289
1,304
1,345
1,347

1,328
1,366

176.9
177.8

180.0
180.7
180.7
182.5
184.8

186.1
185.4
185.3

185.8

Farm Cash
Receipts
Millions
of Dollars

9,1*9
11,961
12,856
13,777
15,064
15,98*

1,195

./

*1

Millions
of Dollars
1,110
1,257
1,335
1,316
1,418
1,446

108

2,381

195

3,575
*,78l
6,017
7,300
8,555
9,78*

451
544

668
768

13,75*
15,06*

895
1,105
1,29*
1,418

1,280

116

2,551
3,8*3
5,132
6,*36
7,781

204
304
391
482
575
709

11,081
12,*22

9,128
10,*56
11,822

13,217
1*,6Q1
15,98*

280
366

819
953
1,141
1,313
1,446

1,358
2,707
*,090

119
214

5,**2

423
518

6,839
8,29*
9,756
N.A.

322
612
744
849

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

MISSOURI

TOTAL PAYROLL EMPLOYMENT

1957-59-100

1957-59-100
180

PERCENTAGE CHANGE

170

SEASONALLY ADJUSTED INDEX

160

YEAR ENDING

150

AUGUST 1970
MISSOURI

140
TOTAL PAYROLL EMPLOYMENT

150

NONMANUFACTURING

120

MANUFACTURING

110

TOTAL NONMANUFACTURING
160

*

-

2.6

U .S .
-

0

.

1

-1.5

+ 1.7

-

6.0

-4.8

TOTAL EMPLOYMENT

-1.9

+0 . 5

PERSONAL INCOME #

+8.4

+6 . 7

YEAR ENDING JULY

100

1 9 5 7 - 5 9 - >100
500

150

270

120

140

260

110

150

250

120

240

190

110

250

180

100

220

150

TOTAL MANUFACTURING

170
160




SEASONALLY ADJUSTED

280

140

U. S

1957-59-100

INCOME

290

150

MI SSOURI

PERSONAL

210

PER c e n t

UNEMPLOYMENT RATE

pER CENT

200

150

190

140

180

150

170

120

160

110

150

100

140
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

Tennessee
MANPOWER UriLIZAi'ION___________________________________________ _________________ ___________________ IN'JOMK

Annual
Averages
I 960
196!)
1966

1967
1968

1969

Total
Employment
Seasonally
Adjusted
Tnousands
of Persons
Index
1,323
1,*72
1,530
1,5*7
1,577
1,614

1968
Jan •
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1969
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1970
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.

1,1*84
l,*96
1,522
1,5*8
1,57*

1,606
1,595

1,610
l,6os
1,637
1,642
1,604

1,543
1,554
1,569
1,593
1,619
1,627
1,627
1,632
1,642
1,671
1,659

100.7
112.1
116.5
117.8
120.1

123.0
118.1
119.2
119.3

119.6
120.0
120.4

120.2
120.6
120.3
120.5
121.4

121.2
122.7
123.5

123.0
123.0

123.3

122.3
122.8

122.4
123.3

123.0
122.6

1,636

123.7

1,586

126.0

1,589

12 6

1,600
1,607
1,623
1,636

1,612
1,627




.X

125.9
124.0
123.4
l?3.0
121.7

122.0

fatal Payroll
Employment
Seasonally
Adjusted
Tnousands
Index
oT Persons
925
1,107
1,186

105.0
125.7

1,228

139. ^

1,264
1,313

149.0

134.7
143.5

Norunanufacturlng
Employment
Seasonally
Tnousands
Adjusted
Index
of Persons

610
720
761
792
809
843

766

1,300
1,308

140.1
141.0
141.7
142.0
142.6
143.6
143.9
14**.8
144.8
145.6
146.1
146.3

1,272
1,278
1,284
1,299
1,3U
1,324

147.6
148.1
148.1
148.7
149.2
149.6

1,321

149.2

1,323
1,325
1,334
1,335
1,344

148.3
149.3
149.9

860

150.3

864
872

1,318
1,319
1,321
1,322
1,319
1,322
1,31^
1,316

152.9
152.8
152.3
151.4
1**9.9
149.4
148.4
147.4

1,207
1,215
1,229
1,241

1,252
1,271
1,275
1,291

1,286
1,295

150.1

773
784
792

801
812
819
825
825
832
835
843

812
814
819

832

841
851
848
846
851

851
853
857
859

8
857

858

Manufacturing
Employment
Seasonally
Adjusted
Index
105.8

Unemployment
Rate
Seasonally
Adjusted

Millions
of Dollars
Mont ul., Rate
458
646
718
776
854
937

104.6
123.5
130.5
135.9
138.8
144.5

143.0
146.3
152.9

157.8

6.3
3-9
3.2
3-9
3-6
3.5

135.*
136.5
137.1
137.0
137.7
138.4
139.1
139.8
140.2
140.9
141.4
141.7

149.3
149.7
150.7
151.7
152.3
153.7
153.3
154.4
153.8
154.7
155.3
155.4

4.1
3.8
3.7
3.7
3.5
3.5
3.5
3.5
3.6
3.5
3.6
3.4

143.5
143.6
143-3
144.1
144.4
145.0
144.1
143.3
144.7
145.6
146.2
146.5

155.6
157.0
157.3
157.8
158.7
158.5
159.1

158.3
157.4
157.8

3.2
3.2
3.4
3.5
3.6
3.5
3.5
3.6
3.5
3.6
3.7
3.6

150.4
150.3
149-9
1*18.8
148.1
l‘+7.9
145.6
145.3

157.7
157.6
157 JL
156.5
153.^
152.2
153.8
151.5

3.9
3.9
4.1
4.5
*4-3
4 .;
4.4
4.8

130.1

158.0
158.2

Personal
Income
Seasonally
Adjusted
Index
108.3
152.8
I69.8
183.6
202.1

221.6

789

188.8

831
831
848

194.9
197.7
198.5
201.3
202.7

820

860
854
859
874
895
905
887

90S
911
907

916
922
932
936
939
954
972

203.0

Millions
.,
of Dollars
5,*9*
7,7*9
8,611
9,315
10,253
11,2*5

789
1,609

218.7
219.7
222.4
223.4
224.5

226.0
229.8

953

227.6

964
984
978
991
989
N.A.

227.9
228.9
234.5
231.7
233.6
235.0
N.A.

227.4

38
71

133
167
203
255
297
345
423
527

6,692

9,366
10,253

217.1

601
603
616
673

3,271
*,119
*,979
5,833

211.7

216.1
215.6
218.6

501
607

100

8,*61

209.2

Millions
of Dollars

2,**0

204.1
205.4
207.9

982
966

962

.-'arm Cast.
Receipts

7,566

908
1,819
2,726
3,6*2
*,56*
5,*96
6,*32
7,371
8,325
9,297
10,279
11,2*5

616

46
87
123

160
201
243

286
332
385
475
587
673

953
1,915
2,879
3,863
*,8*1

50
94
134
175

5,832
6,821

216
261
308

N.A.

354

,

MANPOWER
UTILIZATION
SEASONALLY ADJUSTED

TENNESSEE

PERCENTAGE CHANGE
SEASONALLY ADJUSTED INDEX
YEAR ENDING
AUGUST 1970
U.S .

TENNESSEE
TOTAL PAYROLL EMPLOYMENT
NONMANUFACTUR.I NG
MANUFACTURING

TOTAL NONMANUFACTURING
*




1

-4.1

-4 .8
+0 . 3

PERSONAL INCOME *

+5.7

+6.7

PERSONAL

INCOME

SEASONALLY ADJUSTED

YEAR ENDING JULY

EMPLOYMENT

1957-59

too
150

140

140

130

130

120

120

110

110

PER c e n t

U .S

-0.

+ 1.7

-0.3

100

TENNESSEE

0.6

+ 1.4

TOTAL EMPLOYMENT

1 9 5 7 - 5 9 - 1 0 0 TOTAL
150

TOTAL MANUFACTURING

-

1968

1969

1970

UNEMPLOYMENT RATE

100

PER CENT

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

CHECK PAYMENTS IN ELEVEN M E D IU M - SI Z E C I T I E S
M I L L I O N S OF DOLLARS
SEPT
EL DORADO,
HELENA,

ARK.

TEXARKANA,
QUINCY,

$

ARK.

ARK.

IL L .

OWENSBORO,
PADUCAH,

KY.

KY .

GREENVILLE,

MISS.

CAPE GIRARDEAU,
HANNIBAL,

MO.

MO.

1970

1/

SEASONALLY ADJUSTED
SEPT

1970

AUG

1970

INDEX

JULY

2/

1970

SEPT

19 69

73

232.0

231.3

244.1

245.7

18

199.3

220.9

228.9

207.9

122

261.5

259.5

263.2

272.3

106

239.3

238.4

228.6

221.5

1 09

222.1

223.2

213.2

204.0

84

252.6

254.0

258.6

243.2

63

218.1

231.4

239 .2

235.8

56

264.8

274.4

272.7

240.3

21

191.8

188.9

187.1

178.3

SEDALIA,

MO.

49

285.7

288.8

296.1

258.9

JACKSON,

TENN.

78

277.4

284.9

280.8

262.4

1 / D E B I T S TO DEMAND OEPOSIT ACCOUNTS, EXCEPT
2/

INTERBANK AND U . S .

THREE-MONTH MOVING AVERAGES (EXCEPT LATEST MONTH,

RELEASED




OCTOBER,

1970

GOVERNMENT ACCOUNTS.

WHICH I S A TWO-MONTH A V ER A G E ).

PREPAREO BY FEDERAL RESERVE BANK OF S T . LOUIS