Volume 10, Number 2
Second Quarter 2008 |
Southeastern Economic Indicators
|
|
|
Alabama |
Florida |
Georgia |
Louisiana |
Mississippi |
Tennessee |
6th
District |
U.S. |
| Total payroll employment (thousands)a |
2008Q1 |
2,015.2 |
8,030.7 |
4,179.3 |
1,939.7 |
1,155.7 |
2,796.9 |
20,117.5 |
137,917.3 |
| Percent change from |
2007Q4 |
0.0 |
0.0 |
0.6 |
0.0 |
0.1 |
–0.2 |
0.1 |
–0.1 |
| Percent change from |
2007Q1 |
0.7 |
–0.4 |
1.0 |
1.9 |
0.6 |
0.2 |
0.4 |
0.5 |
| Manufacturing payroll employment (thousands)b |
2008Q1 |
292.4 |
374.8 |
423.2 |
157.8 |
166.4 |
372.8 |
1,787.3 |
13,600.3 |
| Percent change from |
2007Q4 |
–0.9 |
–1.7 |
–0.4 |
–1.4 |
–1.1 |
–1.0 |
–1.0 |
–1.5 |
| Percent change from |
2007Q1 |
–1.8 |
–5.3 |
–2.9 |
1.9 |
–2.6 |
–3.8 |
–3.0 |
–2.1 |
| Civilian unemployment ratea |
2008Q1 |
3.9 |
4.7 |
5.1 |
4.1 |
6.0 |
5.2 |
4.8 |
4.9 |
| Rate as of |
2007Q4 |
3.6 |
4.4 |
4.5 |
3.8 |
6.3 |
5.0 |
4.5 |
4.8 |
| Rate as of |
2007Q1 |
3.4 |
3.7 |
4.2 |
3.8 |
6.4 |
4.5 |
4.1 |
4.5 |
| Existing single-family home sales (thousands of units)c |
2008Q1 |
98.4 |
246.0 |
188.4 |
66.4 |
55.2 |
134.0 |
788.4 |
4,950.0 |
| Percent change from |
2007Q4 |
–7.2 |
1.3 |
0.9 |
0.6 |
–4.2 |
–3.7 |
–1.3 |
–0.9 |
| Percent change from |
2007Q1 |
–20.9 |
–27.0 |
–19.8 |
–19.0 |
–8.6 |
–13.0 |
–20.6 |
–22.2 |
| Single-family building permits YTD (units)b |
2008Q1 |
3,465 |
11,722 |
7,927 |
3,304 |
2,188 |
4,455 |
33,061 |
149,251 |
| Percent change from |
2007Q1 |
–35.9 |
–46.8 |
–52.4 |
–18.6 |
–33.1 |
–46.2 |
–44.6 |
–43.1 |
Personal income
($ billions)c |
2007Q4 |
152.6 |
714.7 |
323.9 |
152.9 |
86.1 |
207.6 |
1,637.8 |
11,839.9 |
| Percent change from |
2007Q3 |
1.0 |
1.1 |
1.1 |
0.9 |
0.7 |
0.6 |
1.0 |
1.0 |
| Percent change from |
2006Q4 |
5.7 |
5.6 |
6.0 |
10.7 |
8.1 |
3.9 |
6.1 |
5.9 |
| |
|
|
|
|
|
|
|
|
|
|
|
Atlanta |
Birmingham |
Jacksonville |
Miami |
Nashville |
New
Orleans |
Orlando |
Tampa |
| Total payroll employment (thousands)b |
2008Q1 |
2,462.8 |
529.8 |
630.7 |
2,436.9 |
760.8 |
521.7 |
1,102.8 |
1,295.4 |
| Percent change from |
2007Q1 |
1.2 |
0.0 |
0.1 |
–0.4 |
1.5 |
2.5 |
0.5 |
–0.9 |
| Civilian unemployment rateb |
2008Q1 |
5.1 |
3.7 |
4.5 |
4.2 |
4.6 |
3.7 |
4.4 |
5.0 |
| Rate as of |
2007Q1 |
4.2 |
3.2 |
3.6 |
3.4 |
4.0 |
3.5 |
3.4 |
3.7 |
| Office vacancy rateb |
2008Q1 |
19.3 |
— |
14.0 |
8.6 |
10.5 |
— |
11.3 |
14.7 |
| Rate as of |
2007Q1 |
19.0 |
— |
14.5 |
7.4 |
10.6 |
— |
7.9 |
11.3 |
| Median existing home sale price (thousands of $U.S.)b |
2008Q1 |
154.0 |
153.2 |
185.7 |
318.9 |
— |
157.1 |
232.0 |
184.7 |
Median price
as of |
2007Q1 |
170.4 |
157.5 |
197.6 |
385.3 |
— |
155.9 |
267.0 |
203.2 |
aSeasonally adjusted data. Data updated June 17.
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/q2/dist_data.cfm.
| Total Payroll Employment |
|
Manufacturing Payroll Employment |
 |
|
 |
| Civilian Unemployment Rate |
|
Single-Family Building Permits YTD |
 |
|
 |
| Existing Home Sales |
|
Personal Income |
 |
|
 |
|
