EconSouth (First Quarter 2006)

Southeastern Economic Indicators

    Alabama Florida Georgia Louisiana Mississippi Tennessee 6th  
District
U.S.
Total Payroll Employment (thousands)a 2005Q4 1,957.3 7,916.2 4,025.1 1,730.3 1,125.7 2,758.6 19,513.1 134,328.4
  % change from 2005Q3 0.4 0.9 0.3 –8.0 –0.1 0.4 –0.3 0.4
  % change from 2004Q4 2.2 3.9 2.4 –10.1 –0.3 1.3 1.4 1.6
Manufacturing Payroll Employment (thousands)b 2005Q4 300.7 401.4 447.6 144.1 175.5 406.0 1,875.3 14,205.9
  % change from 2005Q3 0.7 0.5 –0.7 –4.8 –0.5 –0.4 –0.5 –0.2
  % change from 2004Q4 1.8 1.1 –0.7 –6.6 –2.5 –1.4 –0.7 –0.8
Civilian Unemployment Ratea 2005Q4 3.7 3.5 5.3 10.2 9.3 5.5 5.1 4.9
  Rate as of 2005Q3 3.9 3.6 5.4 7.8 8.3 5.5 5.0 5.0
  Rate as of 2004Q4 4.9 4.4 5.1 5.6 7.1 5.7 5.1 5.4
Existing Single-Family Home Sales (thousands of units)c, d 2005Q4 135.5 480.9 244.1 99.3 66.9 176.4 1,203.1 6,897.0
  % change from 2005Q3 8.3 –14.2 –3.0 20.5 23.9 0.5 –3.7 –4.7
  % change from 2004Q4 14.6 –3.7 7.2 28.1 17.6 8.9 5.4 0.3
Single-Family Building Permits YTD (units)b 2005Q4 24,065 208,528 90,250 19,783 11,372 39,677 393,675 1,681,184
  % change from 2004Q4 9.6 12.7 5.3 –4.8 3.3 7.1 8.9 4.3
Personal Income
($ billions)c
2005Q3 134.0 594.7 283.7 97.0 75.4 186.3 1,371.1 10,260.7
  % change from 2005Q2 0.8 1.5 1.0 –25.2 0.8 0.6 –1.3 0.7
  % change from 2004Q3 7.0 8.9 6.6 –21.1 6.2 5.3 4.8 5.6
 
    Atlanta Birmingham Jacksonville Miami Nashville New   
Orleans
Orlando Tampa
Total Payroll Employment (thousands)b, e 2005Q4 2,377.6 524.7 618.5 2,431.3 749.8 402.6 1,062.4 1,311.1
  % change from 2004Q4 3.1 1.7 3.9 3.3 2.5 –34.5 5.4 3.7
Civilian Unemployment Rateb, e 2005Q4 5.2 3.5 3.3 3.7 4.4 14.1 3.1 3.3
  Rate as of 2004Q4 4.6 4.7 4.5 5.0 4.1 4.5 4.3 4.3
Office Vacancy Rateb 2005Q4 20.1 15.0 11.2 9.1 10.3 11.9
  Rate as of 2004Q4 22.9 16.4 13.5 12.7 13.3 16.2
Median Existing Home Sale Price (thousands of $U.S.)b 2005Q4 170.2 160.8 182.2 391.2 170.9 181.2 261.8 223.0
  Median price
  as of
2004Q4 157.7 149.7 153.7 315.7 150.1 140.3 184.4 168.5

a Seasonally adjusted
b Not seasonally adjusted
c Seasonally adjusted annual rate
d Data include recent rebenchmarking and other data revisions.
e The Bureau of Labor Statistics has redefined some MSAs, adding more counties. Payroll and household statistics for some areas may be larger than previously reported.

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/2006/q1/dist_data.cfm.

 

Total Payroll Employment Manufacturing Payroll Employment
 
Civilian Unemployment Rate Single-Family Building Permits YTD
 
Existing Home Sales Personal Income
 

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