Volume 10, Number 4
Fourth Quarter 2008 |
Southeastern Economic Indicators
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|
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Alabama |
Florida |
Georgia |
Louisiana |
Mississippi |
Tennessee |
6th
District |
U.S. |
| Total payroll employment (thousands)a |
2008Q3 |
2,013.1 |
7,916.2 |
4,116.8 |
1,948.1 |
1,148.8 |
2,785.3 |
19,928.3 |
137,370.7 |
| Percent change from |
2008Q2 |
0.1 |
–0.6 |
–1.0 |
0.2 |
–0.7 |
0.0 |
–0.5 |
–0.2 |
| Percent change from |
2007Q3 |
0.3 |
–1.3 |
–0.8 |
1.0 |
–0.3 |
–0.7 |
–0.7 |
–0.3 |
| Manufacturing payroll employment (thousands)b |
2008Q3 |
288.2 |
362.4 |
409.5 |
156.6 |
162.7 |
369.2 |
1,748.6 |
13,495.0 |
| Percent change from |
2008Q2 |
–0.9 |
–1.8 |
–2.0 |
–0.6 |
–1.4 |
–0.7 |
–1.3 |
–0.6 |
| Percent change from |
2007Q3 |
–2.9 |
–5.8 |
–4.8 |
–1.5 |
–3.6 |
–2.5 |
–3.8 |
–3.0 |
| Civilian unemployment ratea |
2008Q3 |
5.1 |
6.5 |
6.2 |
4.6 |
7.8 |
6.9 |
6.3 |
6.0 |
| Rate as of |
2008Q2 |
4.5 |
5.4 |
5.5 |
4.0 |
6.6 |
6.1 |
5.4 |
5.3 |
| Rate as of |
2007Q3 |
3.6 |
4.2 |
4.4 |
3.8 |
6.3 |
4.7 |
4.3 |
4.7 |
| Existing single-family home sales (thousands of units)c |
2008Q3 |
84.4 |
259.6 |
172.8 |
56.8 |
48.8 |
114.4 |
736.8 |
5,037.0 |
| Percent change from |
2008Q2 |
–6.2 |
–4.3 |
–1.4 |
–12.3 |
–8.3 |
–9.8 |
–5.7 |
2.6 |
| Percent change from |
2007Q3 |
–28.5 |
–0.8 |
–15.8 |
–25.3 |
–19.2 |
–24.3 |
–15.5 |
–7.7 |
| Single-family building permits YTD (units)b |
2008Q3 |
9,503 |
33,346 |
21,127 |
9,478 |
5,931 |
13,424 |
92,809 |
480,760 |
| Percent change from |
2007Q3 |
–37.2 |
–45.2 |
–53.0 |
–26.5 |
–33.7 |
–43.0 |
–44.2 |
–40.4 |
Personal income
($ billions)c |
2008Q2 |
158.1 |
724.2 |
334.2 |
160.5 |
87.9 |
215.6 |
1,680.5 |
12,146.9 |
| Percent change from |
2008Q1 |
2.7 |
1.8 |
2.4 |
2.4 |
3.5 |
2.0 |
2.2 |
1.8 |
| Percent change from |
2007Q2 |
6.1 |
4.3 |
5.3 |
3.8 |
5.4 |
5.6 |
4.8 |
5.2 |
| |
|
|
|
|
|
|
|
|
|
|
|
Atlanta |
Birmingham |
Jacksonville |
Miami |
Nashville |
New
Orleans |
Orlando |
Tampa |
| Total payroll employment (thousands)b |
2008Q3 |
2,441.5 |
532.0 |
623.4 |
2,380.6 |
766.9 |
526.8 |
1,093.0 |
1,270.7 |
| Percent change from |
2007Q3 |
–0.8 |
0.1 |
–0.9 |
–1.0 |
0.1 |
2.3 |
0.0 |
–1.5 |
| Civilian unemployment rateb |
2008Q3 |
6.3 |
4.8 |
6.5 |
6.2 |
5.9 |
4.7 |
6.3 |
6.9 |
| Rate as of |
2007Q3 |
4.5 |
3.4 |
4.2 |
4.2 |
3.9 |
3.6 |
4.1 |
4.5 |
| Office vacancy rateb |
2008Q3 |
19.3 |
— |
17.6 |
9.9 |
12.6 |
— |
12.0 |
15.8 |
| Rate as of |
2007Q3 |
17.9 |
— |
13.7 |
7.7 |
9.7 |
— |
9.1 |
12.9 |
| Median existing home sale price (thousands of $U.S.)b |
2008Q3 |
151.3 |
156.1 |
175.6 |
287.8 |
— |
166.8 |
213.4 |
173.4 |
Median price
as of |
2007Q3 |
175.3 |
165.9 |
189.2 |
346.3 |
— |
160.2 |
266.8 |
218.3 |
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/2008/q4/dist_data.cfm.
| Total Payroll Employment |
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Manufacturing Payroll Employment |
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|
 |
| Civilian Unemployment Rate |
|
Single-Family Building Permits YTD |
 |
|
 |
| Existing Home Sales |
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Personal Income |
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