EconSouth (First Quarter 1999)

Southeastern Economic Indicators


    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th District United States
Total Payroll Employment (thousands)a 1998Q4 1,889.1 6,764.7 3,772.9 1,889.4 1,124.2 2,639.6 18,079.9 126,811.0
Percent change from
1998Q3 0.2 0.8 0.9 0.3 0.1 0.7 0.7 0.5
Percent change from
1997Q4 1.0 3.6 2.6 1.2 1.0 1.5 2.4 2.3
Manufacturing Payroll Employment (thousands)a 1998Q4 369.2 490.0 593.2 189.6 239.5 506.5 2,388.0 18,587.7
Percent change from
1998Q3 –1.0 –0.3 0.4 0.2 0.1 –0.6 –0.2 –0.4
Percent change from
1997Q4 –2.5 –0.3 0.7 –0.5 –0.6 –2.1 –0.8 –0.9
Civilian Unemployment Rate 1998Q4 4.2 4.3 3.9 5.2 5.1 4.1 4.3 4.4
Percent change from
1998Q3 8.6 0.8 –1.7 –13.8 –0.7 0.8 –1.2 –2.2
Percent change from
1997Q4 –11.3 –7.1 –5.6 –10.9 –6.2 –21.3 –9.9 –5.7
Single-Family Building Permits (units)b 1998Q4 15,910 101,095 75,672 15,574 9,687 29,259 247,196 1,278,164
Percent change from
1998Q3 8.0 1.8 8.1 10.0 13.9 3.9 5.3 7.8
Percent change from
1997Q4 22.2 6.5 23.1 15.2 26.8 8.9 13.7 17.6
Multifamily Building Permits (units)b 1998Q4 4,619 65,025 24,542 1,408 5,609 6,425 107,628 468,027
Percent change from
1998Q3 –31.5 25.7 76.5 –38.2 –6.1 –1.2 23.5 10.5
Percent change from
1997Q4 14.8 54.2 30.7 –3.7 145.0 –12.6 41.5 18.5
Personal Income ($ billions)b 1998Q3 93.5 386.0 190.1 94.2 51.9 129.1 944.7 7,149.5
Percent change from
1998Q2 1.1 1.4 0.9 1.0 1.0 0.9 1.2 1.1
Percent change from
1997Q3 4.3 5.5 5.7 5.4 4.8 5.3 5.3 5.0
 
    Atlanta Birmingham Jacksonville Miami Nashville New Orleans Orlando Tampa
Total Payroll Employment (thousands)a 1998Q4 2,055.0 475.6 548.8 987.7 639.5 620.3 849.8 1,132.8
Percent change from
1998Q3 1.3 0.5 1.2 0.3 0.3 –0.1 1.2 1.0
Percent change from
1997Q4 2.8 2.2 3.9 2.2 1.2 0.4 4.6 4.5
Civilian Unemployment Rate 1998Q4 3.1 2.8 3.0 6.6 2.8 4.2 3.0 3.0
Percent change from
1998Q3 –3.6 5.1 –0.8 5.8 8.3 –14.3 –0.4 –1.5
Percent change from
1997Q4 –8.2 –10.7 –13.8 –5.1 –17.7 –17.2 –10.5 –14.0

a Seasonally adjusted
b Seasonally adjusted annual rate

Sources: Payroll employment and civilian unemployment rate: U.S. Department of Labor, Bureau of Labor Statistics. Initial unemployment claims: U.S. Department of Labor, Employment and Training Administration. 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 and seasonally adjusted by Regional Financial Associates. Small differences from previously published data reflect revisions of seasonal factors.

For more extensive information on the data series shown here, see the Southeastern Economic Indicators.



Total Payroll Employment Manufacturing Payroll Employment
Chart 1   Chart 3
Civilian Unemployment Rate Single-Family Building Permits
Chart 2 Chart 4
Multifamily Building Permits Personal Income
Chart 5 Chart 6
blue Alabama
orange Florida
Georgia
Louisiana
black Mississippi
gold Tennessee
red United States

Return to Index