EconSouth (Fourth Quarter 2001)

Southeastern Economic Indicators



    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2001Q3 1,917.8 7,322.6 4,015.1 1,943.9 1,140.3 2,758.8 19,098.6 132,342.0
  % change from 2001Q2 –0.2 0.5 –0.8 –0.2 –0.6 0.0 0.0 –0.1
  % change from 2000Q3 –1.1 3.1 0.1 0.4 –1.7 0.3 1.1 0.3
Manufacturing Payroll Employment (thousands)a 2001Q3 344.5 480.8 566.0 178.2 216.2 486.6 2,272.3 17,554.7
  % change from 2001Q2 –0.9 –0.4 –0.8 –1.3 –1.4 –0.9 –0.9 –1.8
  % change from 2000Q3 –4.7 –1.3 –3.6 –2.8 –7.2 –4.7 –3.8 –5.0
Civilian Unemployment Ratea 2001Q3 4.7 4.3 3.7 5.1 4.9 4.1 4.3 4.8
  Rate as of 2001Q2 4.7 4.0 3.8 5.4 4.8 4.2 4.3 4.5
  Rate as of 2000Q3 4.6 3.5 3.7 5.5 5.5 4.0 4.1 4.0
Single-Family Building Permits (units)b 2001Q3 13,839 115,633 67,994 14,025 7,345 25,034 243,870 1,211,923
  % change from 2001Q2 –3.5 –1.6 –12.0 1.6 –15.2 –5.3 –5.5 –3.1
  % change from 2000Q3 7.6 12.0 2.3 6.7 –3.0 4.8 7.3 4.0
Multifamily Building Permits (units)b 2001Q3 4,454 49,691 21,571 4,472 1,564 7,163 88,915 386,300
  % change from 2001Q2 279.4 10.0 –6.2 –16.5 13.5 –15.6 5.1 –6.9
  % change from 2000Q3 66.3 9.2 –2.0 149.5 –65.9 12.7 7.2 3.6
Personal Income
($ billions)b
2001Q2 108.5 470.7 239.6 106.9 61.5 154.8 1,142.0 8,705.0
  % change from 2001Q1 0.4 1.2 1.0 0.6 0.5 0.9 0.9 0.8
  % change from 2000Q2 3.7 6.0 5.3 3.6 3.4 5.3 5.2 5.3
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)a 2001Q3 2,211.4 483.2 582.5 1,050.0 691.1 629.1 941.3 1,260.6
  % change from 2001Q2 –0.8 –0.8 0.6 1.0 0.3 0.1 1.1 1.1
  % change from 2000Q3 0.2 –0.8 3.2 2.8 0.7 0.2 3.5 4.3
Civilian Unemployment Ratea 2001Q3 3.4 3.0 3.9 6.2 >3.0 4.3 3.6 3.4
  Rate as of 2001Q2 3.0 2.9 3.5 5.7 3.1 4.7 3.0 3.2
  Rate as of 2000Q3 3.0 3.1 3.1 5.2 2.9 5.0 2.5 2.6

a Seasonally adjusted
b Seasonally adjusted annual rate

Note: In table and charts, “6th District” refers to all Sixth Federal Reserve District states in their entirety.

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 Atlanta Fed’s World Wide Web site at www.frbatlanta.org/publica/econ_south/2001/q4/dist_data.htm.



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

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