EconSouth (Fourth Quarter 1999)

Southeastern Economic Indicators


    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th District United States
Total Payroll Employment (thousands)a 1999Q3 1,934.6 6,969.3 3,875.3 1,918.3 1,137.0 2,679.0 18,513.4 128,915.7
Percent change from
1999Q2 0.1 1.1 0.8 0.1 0.4 0.5 0.7 0.5
Percent change from
1998Q3 0.9 3.6 3.1 0.6 0.0 1.1 2.3 2.2
Manufacturing Payroll Employment (thousands)a 1999Q3 367.7 497.5 590.6 190.8 240.6 507.6 2,394.8 18,397.0
Percent change from
1999Q2 -0.8 -0.1 -0.6 0.1 0.3 0.3 -0.2 -0.2
Percent change from
1998Q3 -3.2 -0.3 -0.4 -0.5 -1.6 -1.2 -1.1 -1.7
Civilian Unemployment Rate 1999Q3 4.4 3.9 3.8 4.9 4.6 3.5 4.0 4.2
Rate as of
1999Q2 4.6 4.1 3.3 4.6 4.6 3.7 4.1 4.3
Rate as of
1998Q3 4.1 4.2 4.2 5.9 5.3 4.1 4.4 4.5
Single-Family Building Permits (units)b 1999Q3 16,158 105,301 68,703 14,117 8,994 29,215 242,490 1,220,063
Percent change from
1999Q2 -2.3 2.4 0.4 -0.2 -3.3 3.1 1.2 -1.6
Percent change from
1998Q3 12.2 4.6 -0.5 2.6 6.2 3.3 3.4 3.1
Multifamily Building Permits (units)b 1999Q3 3,589 54,733 13,722 5,093 3,103 3,049 83,290 390,148
Percent change from
1999Q2 79.9 3.1 -30.7 39.1 13.0 -57.6 -5.9 -2.2
Percent change from
1998Q3 -45.9 8.6 -3.2 57.4 -18.9 -42.7 -0.4 -4.7
Personal Income ($ billions)b 1999Q3 96.5 401.1 203.9 96.0 53.9 133.4 984.8 7,492.8
Percent change from
1999Q2 0.8 1.4 1.4 1.3 0.8 1.2 0.0 1.3
Percent change from
1998Q3 3.8 4.5 7.4 2.8 4.0 4.6 4.8 5.4
 
    Atlanta Birmingham Jacksonville Miami Nashville New Orleans Orlando Tampa
Total Payroll Employment (thousands)a 1999Q3 2,118.4 482.3 551.9 1,001.0 660.7 620.2 883.1 1,190.5
Percent change from
1999Q2 1.1 0.2 0.7 0.7 0.5 -0.4 1.2 1.4
Percent change from
1998Q3 3.7 1.4 3.2 1.8 1.4 -0.5 4.5 4.9
Civilian Unemployment Rate 1999Q3 3.0 2.9 2.9 5.8 2.3 4.3 2.7 2.7
Rate as of
1999Q2 3.0 2.9 3.2 6.3 2.4 3.8 2.9 2.8
Rate as of
1998Q3 3.3 2.9 2.9 6.2 2.5 5.0 2.9 2.9

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 2
Civilian Unemployment Rate Single-Family Building Permits
Chart 3
  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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