EconSouth (Second Quarter 1999)

Southeastern Economic Indicators


    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th District United States
Total Payroll Employment (thousands)a 1999Q1 1,929.2 6,824.0 3,815.0 1,911.0 1,135.8 2,648.5 18,263.3 127,560.7
Percent change from
1998Q4 0.5 0.7 0.8 -0.1 0.1 -0.2 0.5 0.6
Percent change from
1998Q1 2.2 3.9 3.2 1.7 0.9 1.2 2.8 2.2
Manufacturing Payroll Employment (thousands)a 1999Q1 373.8 497.9 596.1 191.5 242.3 508.1 2,409.8 18,487.0
Percent change from
1998Q4 -0.5 0.0 0.0 -0.1 -1.0 -0.4 -0.3 -0.5
Percent change from
1998Q1 -1.7 1.0 1.0 -0.6 -0.9 -2.0 -0.4 -1.8
Civilian Unemployment Rate 1999Q1 4.1 4.2 4.1 5.3 4.9 4.3 4.3 4.3
Percent change from
1998Q4 0.0 1.6 2.5 0.0 -6.4 4.9 0.7 -2.3
Percent change from
1998Q1 -7.6 -3.8 -7.6 -7.6 -13.1 -3.0 -6.4 -7.2
Single-Family Building Permits (units)b 1999Q1 15,786 107,321 72,135 14,568 10,286 30,118 250,214 1,287,833
Percent change from
1998Q4 -0.8 6.2 -4.7 -6.4 6.1 2.9 1.2 0.8
Percent change from
1998Q1 14.1 14.2 14.1 9.8 33.0 9.3 13.9 10.0
Multifamily Building Permits (units)b 1999Q1 4,964 66,998 17,537 3,907 3,212 4,177 100,796 488,957
Percent change from
1998Q4 7.6 3.4 -28.5 182.2 -42.6 -35.0 -6.1 4.7
Percent change from
1998Q1 -0.8 45.4 -25.2 111.2 10.3 -49.3 15.1 5.3
Personal Income ($ billions)b 1998Q4 94.7 394.0 196.1 94.6 53.3 130.4 963.0 7,282.1
Percent change from
1998Q3 0.9 1.3 1.5 1.2 1.5 1.3 1.3 1.5
Percent change from
1997Q4 4.5 6.3 7.6 4.2 5.9 4.9 5.9 5.6
 
    Atlanta Birmingham Jacksonville Miami Nashville New Orleans Orlando Tampa
Total Payroll Employment (thousands)a 1999Q1 2,082.0 481.4 545.1 985.8 657.6 628.8 865.6 1,166.5
Percent change from
1998Q4 0.9 0.9 1.2 0.0 0.7 0.2 1.2 1.5
Percent change from
1998Q1 3.4 2.4 4.0 1.7 1.8 1.8 5.2 5.8
Civilian Unemployment Rate 1999Q1 3.3 2.7 3.0 6.7 2.8 4.4 3.0 2.9
Percent change from
1998Q4 5.7 -3.8 0.4 2.7 1.1 -1.3 1.4 1.0
Percent change from
1998Q1 -5.4 -6.9 -7.6 -0.6 -2.2 -10.5 -3.8 -10.7

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

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