EconSouth (Fourth Quarter 2003)

Southeastern Economic Indicators
    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2003Q3 1,873.9 7,312.3 3,958.0 1,895.0 1,125.0 2,675.5 18,839.6 129,911.0
  % change from 2003Q2 –0.0 0.4 1.2 –0.1 –0.0 0.1 0.4 –0.1
  % change from 2002Q3 –0.7 1.3 1.4 –0.2 –0.5 0.0 0.7 –0.3
Manufacturing Payroll Employment (thousands)b 2003Q3 294.0 388.9 452.2 156.6 177.3 414.6 1,883.6 14,650.0
  % change from 2003Q2 –0.7 –0.9 0.8 0.0 –2.1 –0.3 –0.4 –0.7
  % change from 2002Q3 –4.2 –4.2 –4.9 –2.9 –5.7 –2.8 –4.1 –4.3
Civilian Unemployment Ratea 2003Q3 5.6 5.4 4.7 6.9 6.3 5.2 5.4 6.1
  Rate as of 2003Q2 5.7 5.3 4.8 6.4 6.7 5.2 5.4 6.2
  Rate as of 2002Q3 5.9 5.5 5.2 6.1 6.7 4.9 5.5 5.8
Single-Family Building Permits (units)c 2003Q3 20,229.0 144,503.0 74,743.0 15,823.0 9,637.0 31,490.0 296,425.0 1,396,348.0
  % change from 2003Q2 6.3 5.7 2.3 3.2 7.7 4.0 4.6 3.4
  % change from 2002Q3 11.8 17.2 3.0 10.4 11.4 9.3 11.5 9.8
Multifamily Building Permits (units)c 2003Q3 3,136.0 51,525.0 17,803.0 3,890.0 2,168.0 3,904.0 82,426.0 404,389.0
  % change from 2003Q2 –0.9 –3.4 4.9 –3.0 33.7 –15.6 –1.6 –0.8
  % change from 2002Q3 –16.7 –0.4 –20.0 33.7 41.5 –7.6 –4.6 3.7
Personal Income
($ billions)d
2003Q2 116.7 511.0 255.8 116.8 67.1 163.4 1,231.0 9,129.3
  % change from 2003Q1 0.6 1.1 1.0 0.7 0.9 0.7 0.9 0.8
  % change from 2002Q2 4.1 3.7 4.2 2.9 4.9 2.9 3.7 2.8
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)b 2003Q3 2,223.1 480.0 566.9 1,013.0 676.9 618.4 921.2 1,228.6
  % change from 2002Q3 2.4 –0.2 1.1 0.5 –0.1 1.4 1.8 1.1
Civilian Unemployment Rateb 2003Q3 5.0 4.4 5.5 7.4 3.9 6.3 5.1 4.5
  Rate as of 2003Q2 5.0 4.3 5.4 7.5 3.8 5.4 5.1 4.5
  Rate as of 2002Q3 5.6 4.6 5.4 7.6 4.1 5.5 5.1 4.6

a Seasonally adjusted
b Not seasonally adjusted
c Not seasonally adjusted four-quarter totals
d Seasonally adjusted annual rate

SOURCES: Payroll employment and civilian unemployment rate: U.S. Department of Labor, Bureau of Labor Statistics. 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 by Haver Analytics.

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/2003/q4/dist_data.htm.

NOTE TO READERS: The data reported for Nashville in the Third Quarter 2003 EconSouth were incorrect. For the correct data, see the Atlanta Fed’s EconSouth, Third Quarter 2003. We apologize for any inconvenience this error may have caused.



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

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