Volume 9, Number 4
Fourth Quarter 2007 |
Southeastern Economic Indicators
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Alabama |
Florida |
Georgia |
Louisiana |
Mississippi |
Tennessee |
6th
District |
U.S. |
Total payroll employment (thousands)a |
2007Q3 |
2,016.2 |
8,142.0 |
4,162.2 |
1,924.6 |
1,164.8 |
2,809.2 |
20,219.1 |
138,143.0 |
Percent change from |
2007Q2 |
0.4 |
0.2 |
0.3 |
0.9 |
0.5 |
0.3 |
0.3 |
0.2 |
Percent change from |
2006Q3 |
1.5 |
1.5 |
1.8 |
3.0 |
1.9 |
0.7 |
1.6 |
1.2 |
Manufacturing payroll employment (thousands)b |
2007Q3 |
299.4 |
395.8 |
436.9 |
154.7 |
171.9 |
388.4 |
1,846.9 |
14,079.3 |
Percent change from |
2007Q2 |
–0.4 |
–0.5 |
–1.3 |
0.2 |
–0.8 |
–1.1 |
–0.8 |
0.0 |
Percent change from |
2006Q3 |
–1.1 |
–1.5 |
–2.4 |
0.8 |
–1.8 |
–2.5 |
–1.7 |
–1.4 |
Civilian unemployment ratea |
2007Q3 |
3.7 |
4.0 |
4.5 |
4.0 |
6.3 |
4.3 |
4.3 |
4.6 |
Rate as of |
2007Q2 |
3.4 |
3.4 |
4.3 |
4.3 |
6.3 |
4.4 |
4.0 |
4.5 |
Rate as of |
2006Q3 |
3.6 |
3.3 |
4.6 |
3.7 |
6.7 |
5.2 |
4.1 |
4.7 |
Existing single-family home sales (thousands of units)c |
2007Q3 |
117.2 |
252.8 |
204.0 |
76.4 |
58.8 |
153.6 |
862.8 |
5,423.0 |
Percent change from |
2007Q2 |
–6.1 |
–21.1 |
–9.9 |
–2.6 |
–5.8 |
6.4 |
–9.8 |
–8.3 |
Percent change from |
2006Q3 |
–5.2 |
–32.0 |
–17.5 |
–17.0 |
–3.3 |
–11.3 |
–19.3 |
–13.7 |
Single-family building permits YTD (units)b |
2007Q3 |
15,121 |
60,816 |
44,946 |
12,895 |
8,939 |
23,532 |
166,249 |
806,306 |
Percent change from |
2006Q3 |
–20.9 |
–51.7 |
–31.7 |
–18.9 |
–17.8 |
–21.6 |
–37.9 |
–28.2 |
Personal income
($ billions)c |
2007Q2 |
149.5 |
701.4 |
318.9 |
142.0 |
82.7 |
203.7 |
1,598.2 |
11,595.4 |
Percent change from |
2007Q1 |
1.3 |
1.6 |
1.1 |
1.3 |
1.4 |
1.3 |
1.4 |
1.2 |
Percent change from |
2006Q2 |
6.0 |
6.6 |
7.1 |
6.5 |
6.1 |
4.7 |
6.4 |
6.4 |
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Atlanta |
Birmingham |
Jacksonville |
Miami |
Nashville |
New
Orleans |
Orlando |
Tampa |
Total payroll employment (thousands)b |
2007Q3 |
2,454.4 |
534.7 |
635.1 |
2,429.5 |
761.3 |
504.7 |
1,100.9 |
1,320.6 |
Percent change from |
2006Q3 |
2.2 |
1.0 |
2.0 |
1.5 |
1.0 |
3.8 |
2.5 |
1.2 |
Civilian unemployment rateb |
2007Q3 |
4.5 |
3.5 |
4.1 |
4.1 |
3.5 |
4.4 |
4.0 |
4.3 |
Rate as of |
2006Q3 |
4.7 |
3.5 |
3.6 |
3.8 |
4.2 |
4.5 |
3.3 |
3.5 |
Office vacancy rateb |
2007Q3 |
18.5 |
— |
13.7 |
7.7 |
9.7 |
— |
8.9 |
12.9 |
Rate as of |
2006Q3 |
19.4 |
— |
13.9 |
8.1 |
10.3 |
— |
7.6 |
10.2 |
Median existing home sale price (thousands of $U.S.)b |
2007Q3 |
175.3 |
165.9 |
189.2 |
346.8 |
— |
160.2 |
266.8 |
218.3 |
Median price
as of |
2006Q3 |
176.1 |
165.2 |
196.1 |
365.8 |
— |
174.5 |
271.0 |
234.0 |
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/q4/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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