EconSouth (Third Quarter 2004)

Southeastern Economic Indicators

    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2004Q2 1,880.0 7,432.7 3,880.3 1,910.9 1,123.6 2,687.9 18,915.4 131,118.7
  % change from 2004Q1 0.1 0.8 -0.1 0.1 0.4 0.0 0.3 0.6
  % change from 2003Q2 0.3 2.4 0.8 0.4 1.1 1.0 1.4 1.0
Manufacturing Payroll Employment (thousands)b 2004Q2 289.0 387.4 450.9 155.6 180.4 413.1 1,867.5 14,399.7
  % change from 2004Q1 0.1 0.6 0.4 1.3 1.5 -0.1 0.5 1.2
  % change from 2003Q2 -2.3 -0.5 -0.8 -0.3 0.8 -0.2 -0.6 -1.2
Civilian Unemployment Ratea 2004Q2 5.7 4.7 3.9 6.0 5.3 4.7 4.8 5.6
  Rate as of 2004Q1 5.8 4.7 3.9 5.8 5.1 5.0 4.8 5.6
  Rate as of 2003Q2 5.9 5.3 4.8 6.8 6.8 5.8 5.6 6.1
Single-Family Building Permits (units)c 2004Q2 23,063 168,558 84,119 17,153 11,181 35,796 339,870 1,528,644
  % change from 2004Q1 5.9 6.8 3.4 1.9 3.2 3.4 5.2 3.5
  % change from 2003Q2 21.2 23.3 15.2 11.9 25.0 18.2 19.9 13.2
Multifamily Building Permits (units)c 2004Q2 5,279 58,017 17,497 3,775 1,818 6,798 93,184 421,945
  % change from 2004Q1 8.6 2.4 6.4 -16.3 -14.4 6.7 2.4 2.4
  % change from 2003Q2 66.7 8.8 3.1 -5.9 12.1 46.9 11.3 3.5
Personal Income
($ billions)d
2004Q1 123.4 536.4 265.4 121.1 70.2 172.7 1,289.2 9,510.1
  % change from 2003Q4 1.6 1.5 1.8 1.4 1.8 1.7 1.6 1.4
  % change from 2003Q1 5.5 5.6 5.3 4.9 5.5 5.6 5.5 5.2
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)b 2004Q2 2,175.1 474.8 572.1 1,016.9 686.8 614.9 944.2 1,244.1
  % change from 2003Q2 1.0 0.2 2.6 1.1 1.2 -1.1 2.3 1.5
Civilian Unemployment Rateb 2004Q2 4.0 4.4 5.2 6.6 3.6 5.4 4.4 3.9
  Rate as of 2004Q1 4.0 4.3 5.0 6.5 4.0 5.5 4.5 4.0
  Rate as of 2003Q2 5.1 4.5 5.4 7.5 4.3 5.8 5.1 4.5

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 www.frbatlanta.org/publica/econ_south/2004/q3/dist_data.htm.



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

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