EconSouth (Third Quarter 2002)

Southeastern Economic Indicators
    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2002Q2 1,898.7 7,178.7 3,890.4 1,929.0 1,129.5 2,703.4 18,729.7 130,716.7
  % change from 2002Q1 –0.1 0.0 0.3 –0.1 –0. –0.6 0.0 0.0
  % change from 2001Q2 –0.8 –0.2 –2.2 0.0 –0.2 –0.2 –0.6 –1.1
Manufacturing Payroll Employment (thousands)a 2002Q2 329.1 448.0 538.9 177.2 207.7 466.0 2,166.9 16,776.3
  % change from 2002Q1 –0.8 –0.6 0.5 0.1 –0.1 –0.4 –0.2 –0.6
  % change from 2001Q2 –3.2 –5.6 –2.3 –3.1 –3.2 –2.7 –3.4 –6.1
Civilian Unemployment Ratea 2002Q2 5.6 5.2 4.7 6.1 6.8 5.0 5.3 5.9
  Rate as of 2002Q1 5.6 5.4 4.6 5.8 6.5 5.5 5.4 5.6
  Rate as of 2001Q2 5.1 4.5 3.9 5.8 5.1 4.4 4.6 4.5
Single-Family Building Permits (units)b 2002Q2 15,747 115,206 77,975 14,858 8,637 28,496 260,918 1,304,282
  % change from 2002Q1 –8.2 –14.7 6.8 –3.9 2.5 4.1 –5.6 0.4
  % change from 2001Q2 14.5 –1.9 1.9 10.9 –0.3 5.9 1.7 4.7
Multifamily Building Permits (units)b 2002Q2 12,700 63,132 25,343 3,473 3,158 3,614 111,421 450,618
  % change from 2002Q1 209.6 2.4 10.4 90.8 –26.7 –17.7 12.3 8.6
  % change from 2001Q2 399.9 38.8 15.0 9.8 150.1 –51.0 36.1 12.0
Personal Income
($ billions)b
2002Q1 110.4 476.5 242.5 109.2 63.4 155.6 1,157.7 8,705.2
  % change from 2001Q4 1.3 1.3 1.6 0.8 2.3 2.1 1.5 1.4
  % change from 2001Q1 2.3 3.5 2.9 3.0 3.3 2.3 3.1 1.7
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)a 2002Q2 2,144.9 485.2 572.3 1,041.9 686.1 622.5 904.0 1,223.9
  % change from 2002Q1 0.1 0.0 0.0 0.6 0.1 –1.0 –0.1 –0.2
  % change from 2001Q2 –2.8 –0.1 0.9 0.7 0.5 –0.8 –1.0 –0.8
Civilian Unemployment Ratea 2002Q2 4.9 4.1 5.1 7.3 3.8 5.4 5.2 4.3
  Rate as of 2002Q1 4.8 4.0 4.9 7.6 4.1 5.2 5.7 4.4
  Rate as of 2001Q2 3.2 3.1 4.0 6.5 3.2 5.0 3.5 3.5

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 Atlanta Fed’s World Wide Web site at www.frbatlanta.org/publica/econ_south/2002/q3/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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