EconSouth (Second Quarter 2004)

Southeastern Economic Indicators

    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2004Q1 1,877.7 7,371.1 3,886.1 1,910.2 1,119.8 2,686.7 18,851.6 130,361.7
  % change from 2003Q4 0.3 0.3 0.3 0.3 0.0 0.3 0.3 0.3
  % change from 2003Q1 -0.1 1.8 0.6 0.1 0.1 1.0 1.0 0.2
Manufacturing Payroll Employment (thousands)b 2004Q1 288.7 384.9 449.2 153.6 177.7 413.4 1,867.6 14,233.3
  % change from 2003Q4 -0.3 -0.4 0.5 -1.4 0.1 -0.2 -0.2 -1.0
  % change from 2003Q1 -3.2 -2.5 -2.0 -1.5 -1.4 -0.6 -1.9 -3.1
Civilian Unemployment Ratea 2004Q1 5.8 4.7 3.9 5.8 5.1 5.0 4.8 5.6
  Rate as of 2003Q4 5.8 4.9 4.3 6.2 5.8 6.1 5.0 5.9
  Rate as of 2003Q1 5.7 5.3 4.9 6.4 6.4 5.4 5.2 5.8
Single-Family Building Permits (units)c 2004Q1 21,779 157,808 81,351 16,835 10,838 34,610 323,221 1,476,973
  % change from 2003Q4 5.2 4.7 4.5 1.6 5.8 6.0 4.7 3.4
  % change from 2003Q1 17.0 22.9 10.8 14.5 23.0 16.0 18.1 11.6
Multifamily Building Permits (units)c 2004Q1 4,863 56,672 16,444 4,508 2,123 6,373 90,983 410,812
  % change from 2003Q4 30.7 7.3 0.8 10.5 12.4 32.2 8.8 0.7
  % change from 2003Q1 33.0 8.8 -23.3 54.1 40.5 43.3 5.7 1.4
Personal Income
($ billions)d
2003Q4 120.7 528.8 260.3 119.4 68.9 169.4 1,267.4 9,362.3
  % change from 2003Q3 1.5 1.3 1.5 1.3 1.5 1.4 1.4 1.2
  % change from 2002Q4 4.1 4.8 4.8 4.3 5.5 5.1 4.8 4.3
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)b 2004Q1 2,156.0 473.0 567.0 1,009.3 681.7 611.5 933.5 1,230.6
  % change from 2003Q1 0.8 0.5 2.4 0.4 1.4 -0.2 1.9 1.3
Civilian Unemployment Rateb 2004Q1 4.0 4.3 4.9 6.5 4.0 5.5 4.5 4.0
  Rate as of 2003Q4 4.3 4.5 4.9 6.6 4.6 5.6 4.6 4.0
  Rate as of 2003Q1 5.0 4.3 5.1 7.4 4.2 5.6 5.1 4.6

a Seasonally adjusted
b Not seasonally adjusted
c Not seasonally adjusted four-quarter totals
d Seasonally adjusted annual rate

SOURCES: Payroll employment and civilian unemployment rate: U.S. Department of Labor, Bureau of Labor Statistics. Single- and multifamily building permits: U.S. Bureau of the Census, Construction Statistics Division. Personal income: Bureau of Economic Analysis. Quarterly estimates of all construction data reflect annual benchmark revisions. All the data were obtained by Haver Analytics.

For more extensive information on the data series shown here, see www.frbatlanta.org/publica/econ_south/2004/q2/dist_data.htm.



Total Payroll Employment Manufacturing Payroll Employment
 
Civilian Unemployment Rate Single-Family Building Permits
 
Multifamily Building Permits Personal Income
 

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