Volume 10, Number 1
First Quarter 2008 |
Southeastern Economic Indicators
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Alabama |
Florida |
Georgia |
Louisiana |
Mississippi |
Tennessee |
6th
District |
U.S. |
| Total payroll employment (thousands)a |
2007Q4 |
2,019.2 |
8,149.1 |
4,170.8 |
1,927.3 |
1,164.8 |
2,814.4 |
20,249.2 |
138,044.3 |
| Percent change from |
2007Q3 |
0.1 |
0.1 |
0.2 |
0.1 |
0.3 |
0.2 |
0.1 |
0.2 |
| Percent change from |
2006Q4 |
1.3 |
1.2 |
1.8 |
2.3 |
1.4 |
0.8 |
1.4 |
0.9 |
| Manufacturing payroll employment (thousands)b |
2007Q4 |
298.0 |
392.5 |
432.3 |
154.6 |
171.4 |
386.6 |
1,835.5 |
13,803.0 |
| Percent change from |
2007Q3 |
–0.5 |
–0.8 |
–1.0 |
0.0 |
–0.3 |
–0.5 |
–0.6 |
–0.8 |
| Percent change from |
2006Q4 |
–0.5 |
–1.5 |
–2.7 |
–0.8 |
–1.9 |
–2.1 |
–1.8 |
–1.9 |
| Civilian unemployment ratea |
2007Q4 |
3.5 |
4.4 |
4.6 |
3.7 |
6.4 |
4.9 |
4.5 |
4.8 |
| Rate as of |
2007Q3 |
3.7 |
4.0 |
4.5 |
4.0 |
6.3 |
4.3 |
4.3 |
4.7 |
| Rate as of |
2006Q4 |
3.6 |
3.3 |
4.6 |
4.3 |
6.9 |
5.0 |
4.1 |
4.4 |
| Existing single-family home sales (thousands of units)c |
2007Q4 |
102.0 |
239.6 |
185.6 |
65.6 |
58.0 |
137.2 |
788.0 |
4,957.0 |
| Percent change from |
2007Q3 |
–13.0 |
–5.2 |
–9.0 |
–14.1 |
–1.4 |
–10.7 |
–8.7 |
–8.5 |
| Percent change from |
2006Q4 |
–14.4 |
–29.0 |
–23.8 |
–23.0 |
–8.2 |
–14.5 |
–21.9 |
–20.9 |
| Single-family building permits YTD (units)b |
2007Q4 |
18,434 |
71,964 |
52,832 |
16,282 |
10,658 |
28,366 |
198,536 |
973,262 |
| Percent change from |
2006Q4 |
–23.0 |
–51.8 |
–35.2 |
–26.9 |
–21.8 |
–25.5 |
–39.6 |
–29.5 |
Personal income
($ billions)c |
2007Q3 |
151.4 |
706.4 |
320.1 |
144.0 |
83.7 |
206.4 |
1,611.9 |
11,727.1 |
| Percent change from |
2007Q2 |
1.4 |
1.5 |
1.3 |
1.8 |
1.8 |
1.3 |
1.5 |
1.4 |
| Percent change from |
2006Q3 |
5.9 |
5.5 |
6.3 |
6.4 |
6.5 |
5.6 |
5.9 |
6.5 |
| |
|
|
|
|
|
|
|
|
|
|
|
Atlanta |
Birmingham |
Jacksonville |
Miami |
Nashville |
New
Orleans |
Orlando |
Tampa |
| Total payroll employment (thousands)b |
2007Q4 |
2,481.5 |
539.2 |
644.1 |
2,475.6 |
766.7 |
510.7 |
1,121.6 |
1,335.4 |
| Percent change from |
2006Q4 |
2.2 |
1.0 |
1.5 |
1.2 |
0.6 |
3.2 |
2.2 |
1.1 |
| Civilian unemployment rateb |
2007Q4 |
4.3 |
3.0 |
4.1 |
4.1 |
4.0 |
3.4 |
4.1 |
4.5 |
| Rate as of |
2006Q4 |
4.3 |
3.0 |
3.1 |
3.3 |
3.8 |
4.1 |
2.9 |
3.1 |
| Office vacancy rateb |
2007Q4 |
19.1 |
— |
13.7 |
7.7 |
10.9 |
— |
8.8 |
13.3 |
| Rate as of |
2006Q4 |
19.0 |
— |
13.3 |
7.7 |
10.6 |
— |
7.0 |
10.1 |
| Median existing home sale price (thousands of $U.S.)b |
2007Q4 |
164.3 |
156.1 |
177.6 |
345.9 |
— |
158.2 |
240.4 |
201.6 |
Median price
as of |
2006Q4 |
166.8 |
161.7 |
180.4 |
366.8 |
— |
162.1 |
272.1 |
229.7 |
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 historical data.
| Total Payroll Employment |
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Manufacturing Payroll Employment |
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| Civilian Unemployment Rate |
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Existing Home Sales |
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|
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| Single-Family Building Permits YTD |
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Personal Income |
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