Volume 9, Number 3
Third Quarter 2007 |
Southeastern Economic Indicators
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Alabama |
Florida |
Georgia |
Louisiana |
Mississippi |
Tennessee |
6th
District |
U.S. |
Total payroll employment (thousands)a |
2007Q2 |
2,008.2 |
8,127.8 |
4,150.5 |
1,908.2 |
1,159.3 |
2,800.7 |
20,154.3 |
137,883.3 |
Percent change from |
2007Q1 |
0.4 |
0.5 |
0.6 |
0.5 |
0.3 |
0.0 |
0.4 |
0.3 |
Percent change from |
2006Q2 |
1.4 |
1.7 |
1.6 |
3.3 |
1.8 |
0.7 |
1.7 |
1.4 |
Manufacturing payroll employment (thousands)b |
2007Q2 |
300.7 |
397.6 |
442.7 |
154.4 |
173.2 |
392.8 |
1,861.4 |
14,078.0 |
Percent change from |
2007Q1 |
0.1 |
–0.2 |
0.4 |
0.4 |
0.5 |
–0.1 |
0.1 |
0.5 |
Percent change from |
2006Q2 |
–1.6 |
–2.0 |
–2.0 |
2.1 |
–1.9 |
–2.8 |
–1.8 |
–1.1 |
Civilian unemployment ratea |
2007Q2 |
3.4 |
3.4 |
4.3 |
4.3 |
6.3 |
4.4 |
4.0 |
4.5 |
Rate as of |
2007Q1 |
3.3 |
3.3 |
4.3 |
3.9 |
6.6 |
4.8 |
4.0 |
4.5 |
Rate as of |
2006Q2 |
3.6 |
3.3 |
4.7 |
3.7 |
6.5 |
5.3 |
4.1 |
4.6 |
Existing single-family home sales (thousands of units)c |
2007Q2 |
124.8 |
247.2 |
226.4 |
78.4 |
58.8 |
144.4 |
880.0 |
5,913.0 |
Percent change from |
2007Q1 |
–2.5 |
–28.7 |
–3.7 |
–6.2 |
–2.6 |
–6.5 |
–12.7 |
–7.9 |
Percent change from |
2006Q2 |
–3.1 |
–41.3 |
–13.1 |
–12.5 |
–7.5 |
–21.5 |
–23.3 |
–10.8 |
Single-family building permits YTD (units)b |
2007Q2 |
10,759 |
43,880 |
32,576 |
8,742 |
6,447 |
16,701 |
119,105 |
562.962 |
Percent change from |
2006Q2 |
–17.1 |
–53.5 |
–29.3 |
–19.8 |
–13.6 |
–18.5 |
–38.1 |
–28.6 |
Personal income
($ billions)c |
2007Q1 |
149.8 |
673.7 |
310.6 |
138.5 |
79.7 |
202.9 |
1,555.2 |
11,315.5 |
Percent change from |
2006Q4 |
2.1 |
2.0 |
2.1 |
1.6 |
1.6 |
1.5 |
1.9 |
2.2 |
Percent change from |
2006Q1 |
6.3 |
6.1 |
5.3 |
6.1 |
4.4 |
6.0 |
5.8 |
5.8 |
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Atlanta |
Birmingham |
Jacksonville |
Miami |
Nashville |
New
Orleans |
Orlando |
Tampa |
Total payroll employment (thousands)b |
2007Q2 |
2,438.9 |
534.5 |
636.5 |
2,451.3 |
760.5 |
503.0 |
1,100.5 |
1,324.1 |
Percent change from |
2006Q2 |
1.7 |
1.1 |
2.3 |
1.5 |
1.4 |
5.0 |
2.4 |
1.0 |
Civilian unemployment rateb |
2007Q2 |
4.2 |
2.9 |
3.3 |
3.3 |
3.6 |
4.6 |
3.2 |
3.5 |
Rate as of |
2006Q2 |
4.6 |
3.2 |
3.3 |
3.4 |
4.4 |
4.8 |
3.1 |
3.3 |
Office vacancy rateb |
2007Q2 |
19.7 |
— |
14.3 |
7.2 |
10.8 |
— |
8.6 |
12.3 |
Rate as of |
2006Q2 |
19.5 |
— |
13.5 |
8.7 |
10.2 |
— |
9.3 |
11.3 |
Median existing home sale price (thousands of $U.S.)b |
2007Q2 |
175.5 |
164.9 |
198.7 |
384.4 |
186.4 |
166.0 |
265.1 |
222.7 |
Median price
as of |
2006Q2 |
173.9 |
169.7 |
198.0 |
376.9 |
177.9 |
178.0 |
271.7 |
231.6 |
a Seasonally adjusted
b Not seasonally adjusted
c Seasonally adjusted annual rate
Sources: Payroll employment and civilian unemployment rate: U.S. Department of Labor, Bureau of Labor Statistics. Existing home sales and median existing home sale price: National Association of Realtors. Single-family 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. Office vacancy rate: CB Richard Ellis. Most data were obtained from Economy.com.
For more extensive information on the data series shown here, see www.frbatlanta.org/publica/econ_south/2007/q3/dist_data.cfm.
Total Payroll Employment |
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Manufacturing Payroll Employment |
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Civilian Unemployment Rate |
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Single-Family Building Permits YTD |
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Existing Home Sales |
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Personal Income |
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