NOTES
The following notes concern the Tennessee, U.S., and MSA Economic
Indicator tables that follow.
1. Annual Rate.
2. Source: Tennessee Department of Employment Security.
3. Calculated from data provided by the Tennessee Department
of Employment Security.
4. Calculated from data provided by the Tennessee Department
of Revenue.
5. Calculated from data provided by the Tennessee Valley
Authority.
6. Calculated from data provided by the F.W. Dodge Division
of McGraw-Hill Information Services Company.
7. Calculated from data provided by the U.S. Bankruptcy
Courts.
8. Calculated from data provided by the Chattanooga
Metropolitan Airport Authority.
9. Calculated from data provided by the Tennessee Department
of State.
10. Calculated from data provided by the Metropolitan
Knoxville Airport Authority.
11. Source: The Conference Board.
12. Calculated from data provided by the Memphis-Shelby
County Airport Authority.
13. Calculated from data provided by the Metropolitan
Nashville Airport Authority.
14. Calculated from data provided by The Conference Board.
15. Calculated from data provided by the Tri-City Airport
Commission.
TENNESSEE ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------- TN Coincident Composite Index (1982=100)..... 143.4 143.4 143.9 144.0 145.4 145.4 146.7 147.1 147.7 147.7 147.7 146.2 147.3 129.5 134.9 143.2 % Chg Prev Month SAAR...................... 4.82 0.16 4.43 0.56 11.99 0.35 10.83 3.37 5.43 -0.26 -0.26 -11.26 9.02 2.34 4.22 6.14 % Chg Same Month Last Yr................... 7.22 5.99 5.60 5.76 6.37 5.77 5.81 5.58 5.61 4.37 3.37 2.35 2.68 2.34 4.22 6.14 TN Leading Composite Index (1982=100)........ 115.7 115.1 116.2 116.0 115.7 116.2 116.4 116.1 115.8 116.4 115.4 115.0 115.3 111.2 112.7 115.4 % Chg Prev Month SAAR...................... 7.16 -5.83 11.70 -1.41 -2.92 4.81 1.92 -2.53 -3.36 6.82 -10.39 -3.37 3.09 1.62 1.35 2.39 % Chg Same Month Last Yr................... 2.91 2.31 3.12 2.66 2.51 2.04 2.00 2.42 1.51 0.48 0.50 0.03 -0.29 1.62 1.35 2.39 TN Nonag Employment (THOU) (2)............... 2421.5 2429.5 2428.4 2436.9 2442.4 2469.5 2458.6 2464.2 2471.3 2481.9 2485.8 2487.9 2486.4 2244.9 2328.4 2421.1 % Chg Prev Month SAAR...................... 5.14 4.04 -0.54 4.28 2.74 14.16 -5.17 2.77 3.51 5.27 1.90 1.02 -0.72 2.81 3.72 3.98 % Chg Same Month Last Yr................... 4.27 4.20 4.04 4.03 3.86 4.69 3.71 3.94 3.67 3.46 3.51 3.17 2.68 2.81 3.72 3.98 TN Unemployment Rate (%) (2)................. 4.9 4.9 4.7 4.5 4.4 4.3 4.0 4.0 4.1 4.0 4.4 4.6 5.0 6.4 5.7 4.8 TN Mfg Employment (THOU) (2)................. 539.1 540.6 539.8 540.1 539.7 540.2 541.3 542.4 541.2 540.4 537.7 537.7 534.8 514.5 528.4 538.4 % Chg Prev Month SAAR...................... 4.09 3.39 -1.76 0.67 -0.89 1.12 2.47 2.47 -2.62 -1.76 -5.83 0.00 -6.28 2.36 2.70 1.89 % Chg Same Month Last Yr................... 2.16 2.00 1.91 1.64 1.58 1.56 1.39 1.67 0.89 0.73 0.21 0.07 -0.80 2.36 2.70 1.89 TN Mfg Avg Weekly Hours (3).................. 41.1 41.1 40.6 40.8 41.0 40.8 40.8 40.8 41.2 40.8 40.1 40.5 40.2 40.3 40.8 40.9 % Chg Prev Month SAAR...................... 1.54 -0.79 -12.44 4.42 7.99 -6.11 -1.25 0.40 11.15 -9.93 -19.93 15.91 -8.86 1.81 1.06 0.40 % Chg Same Month Last Yr................... 0.59 -0.27 -0.25 1.04 1.04 0.68 0.75 0.25 1.50 -0.51 -3.63 -1.25 -2.13 1.81 1.06 0.40 TN Taxable Sales (MIL $) (4)................. 4621 4612 4789 4673 4684 4787 4845 4781 4775 5117 4977 4901 5044 46959 50649 55343 % Chg Prev Month SAAR...................... 24.59 -2.23 57.00 -25.45 3.00 29.65 15.60 -14.87 -1.28 128.86 -28.19 -16.90 41.21 6.34 7.86 9.27 % Chg Same Month Last Yr................... 8.74 7.21 13.58 6.33 9.80 10.57 10.60 15.39 8.68 7.33 10.83 8.03 9.16 6.34 7.86 9.27 TN Taxable Sales (MIL 82 $) (4).............. 3120 3106 3212 3128 3131 3196 3228 3174 3163 3382 3277 3218 3308 33448 35033 37304 % Chg Prev Month SAAR...................... 19.63 -5.35 49.58 -27.22 1.36 27.59 12.86 -18.20 -4.38 123.48 -31.52 -19.48 39.00 3.22 4.74 6.49 % Chg Same Month Last Yr................... 6.02 4.39 10.38 3.20 6.94 7.76 7.80 12.17 5.66 4.35 7.55 4.69 6.01 3.22 4.74 6.49 TN Comm & Ind Elect Consumption (MIL KWH) (5) 2958 2929 2847 2871 2860 2909 2946 3008 3078 3033 3037 3005 3055 31187 33412 34914 % Chg Prev Month SAAR...................... 14.11 -11.09 -29.10 10.95 -4.67 22.47 16.26 28.63 31.96 -16.28 1.48 -12.02 22.23 7.04 7.14 4.49 % Chg Same Month Last Yr................... 9.49 2.98 0.59 1.74 5.07 1.99 2.78 1.90 6.45 4.17 4.29 2.69 3.28 7.04 7.14 4.49 Initial Claims For TN UI (THOU) (3).......... 33.7 35.4 34.1 28.9 30.6 27.6 29.1 32.5 32.5 32.2 28.0 42.9 38.4 487.7 427.8 404.5 % Chg Prev Month SAAR...................... -55.1 80.8 -36.0 -86.2 91.8 -71.1 91.1 276.2 1.2 -12.1 -81.316837.9 -73.4 -13.5 -12.3 -5.4 % Chg Same Month Last Yr................... -11.81 -4.75 -2.42 -22.82 -14.17 -25.71 -20.83 -17.20 -17.71 -7.83 -21.03 18.97 13.90 -13.51 -12.29 -5.44 Continued Weeks Claimed For TN UI (THOU) (3). 173.5 172.8 202.2 166.4 180.4 160.3 150.3 175.4 165.5 141.3 149.2 180.7 161.6 2744.2 2235.8 2140.5 % Chg Prev Month SAAR...................... -70.2 -4.8 561.0 -90.4 165.0 -75.8 -53.8 538.4 -50.4 -85.0 93.3 896.1 -73.9 -16.0 -18.5 -4.3 % Chg Same Month Last Yr................... -14.30 -5.53 0.41 -15.56 5.17 -18.58 -19.11 -8.27 -15.07 -23.03 -13.86 -5.81 -6.86 -15.99 -18.53 -4.26 Total TN Construction Potentials (6)......... 575 462 552 523 524 515 498 531 478 629 494 572 516 4922 5303 6021 % Chg Prev Month SAAR...................... 2541.3 -92.7 738.7 -48.1 2.5 -18.3 -33.2 116.9 -71.5 2567.4 -94.5 485.4 -70.9 10.0 7.7 13.6 % Chg Same Month Last Yr................... 31.89 -1.18 26.82 8.42 20.07 -1.44 4.79 20.47 0.73 10.07 10.35 30.71 -10.24 10.03 7.73 13.55 TN Constrc Potentials,Val (MIL 82 $,NSA) (6). 487 332 479 406 333 305 279 303 296 448 305 403 393 3741 3789 4301 % Chg Same Month Last Yr................... 12.25 1.73 53.95 -4.52 8.45 0.50 -31.37 25.64 -1.01 4.39 -22.76 28.20 -19.44 19.75 1.29 13.50 -------------------------------------------------------------------------------------------------------------------------------------------------------------
U.S. ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------- US Personal Income (BIL 82 $) (1)............ 3831.8 3841.3 3843.5 3861.0 3906.9 3899.7 3919.7 3938.0 3948.8 3960.8 3953.3 3935.5 3951.0 3670.7 3718.1 3843.7 % Chg Prev Month SAAR...................... -2.03 3.03 0.66 5.63 15.22 -2.18 6.33 5.74 3.35 3.71 -2.24 -5.27 4.83 2.92 1.29 3.38 % Chg Same Month Last Yr................... 3.21 3.71 2.84 3.36 4.36 3.85 3.95 5.13 3.96 3.90 3.33 2.53 3.11 2.92 1.29 3.38 US CPI,All Urban Consumers (1982-84=100)..... 148.1 148.5 149.1 149.4 149.6 149.8 150.1 150.6 151.0 151.3 151.9 152.3 152.5 140.4 144.6 148.3 % Chg Prev Month SAAR...................... 4.14 3.29 4.96 2.44 1.62 1.62 2.43 4.07 3.23 2.41 4.86 3.21 1.59 3.03 2.96 2.61 % Chg Same Month Last Yr................... 2.56 2.70 2.90 3.03 2.68 2.60 2.60 2.87 2.86 2.86 3.05 3.18 2.97 3.03 2.96 2.61 US Nonag Employment (MIL).................... 113.9 114.2 114.5 114.8 114.9 115.4 115.6 115.8 116.1 116.3 116.3 116.2 116.5 108.6 110.7 114.0 % Chg Prev Month SAAR...................... 3.27 2.43 3.62 2.67 1.82 5.26 2.07 1.95 3.29 1.87 0.08 -0.64 3.13 0.31 1.96 2.98 % Chg Same Month Last Yr................... 3.09 3.01 3.17 3.17 3.03 3.25 3.15 3.12 3.15 2.84 2.60 2.30 2.29 0.31 1.96 2.98 US Unemployment Rate (%)..................... 6.1 6.1 6.0 5.8 5.7 5.6 5.4 5.7 5.4 5.5 5.8 5.7 5.6 7.4 6.8 6.1 Bank Prime Interest Rate (%)................. 7.3 7.3 7.5 7.8 7.8 8.1 8.5 8.5 9.0 9.0 9.0 9.0 9.0 6.3 6.0 7.1 US Coincident Composite Index (1982=100)..... 113.6 113.7 114.4 114.7 115.3 115.8 116.4 116.6 116.9 117.0 116.7 116.7 117.1 106.7 109.4 113.8 % Chg Prev Month SAAR...................... 4.32 1.06 7.64 3.19 6.46 5.33 6.40 2.08 3.13 1.03 -3.03 0.00 4.19 1.40 2.52 4.05 % Chg Same Month Last Yr................... 4.03 4.22 4.19 4.37 4.53 4.42 4.39 4.67 4.28 3.82 3.37 3.09 3.08 1.40 2.52 4.05 US Leading Composite Index (1982=100)........ 101.7 101.7 102.3 102.3 102.2 102.3 102.5 102.5 102.2 101.8 101.2 101.0 101.2 98.2 98.8 101.7 % Chg Prev Month SAAR...................... 2.39 0.00 7.31 0.00 -1.17 1.18 2.37 0.00 -3.46 -4.60 -6.85 -2.35 2.40 1.04 0.67 2.88 % Chg Same Month Last Yr................... 3.46 3.67 3.86 3.65 3.02 2.71 2.19 1.99 1.49 0.49 -0.20 -0.49 -0.49 1.04 0.67 2.88 US Mfg Employment (MIL)...................... 18.3 18.3 18.3 18.4 18.4 18.4 18.5 18.5 18.5 18.5 18.5 18.5 18.4 18.1 18.1 18.3 % Chg Prev Month SAAR...................... 2.66 0.00 3.26 0.59 2.85 2.71 2.17 1.97 1.37 0.13 -1.22 -3.19 -1.81 -1.64 -0.16 1.26 % Chg Same Month Last Yr................... 1.41 1.36 1.70 1.66 1.77 1.89 1.98 1.93 1.91 1.70 1.44 1.09 0.72 -1.64 -0.16 1.26 Initial Claims for U.S. UI (THOU)............ 1463.8 1424.8 1491.8 1450.5 1421.5 1465.9 1415.3 1447.8 1465.2 1515.6 1478.9 1657.3 1567.0 1768.8 1480.5 1473.6 % Chg Prev Month SAAR...................... -40.11 -27.68 73.64 -28.61 -21.53 44.72 -34.44 31.31 15.45 50.04 -25.49 292.45 -48.95 -8.23 -16.30 -0.47 % Chg Same Month Last Yr................... -1.89 -2.17 0.75 -4.16 -3.31 -2.46 -4.97 -2.63 -4.08 -0.04 -0.84 8.49 7.05 -8.23 -16.30 -0.47 US Retail Sales (BIL $)...................... 185.2 185.4 187.9 188.9 191.5 192.1 192.4 193.3 191.9 193.2 193.0 195.1 196.8 162.1 172.7 186.1 % Chg Prev Month SAAR...................... 13.97 1.77 17.55 6.24 17.76 4.01 1.71 5.81 -8.53 8.34 -0.81 13.76 10.75 4.77 6.58 7.77 % Chg Same Month Last Yr................... 7.93 7.13 8.15 8.60 8.28 7.83 6.98 8.62 5.68 5.04 5.14 6.52 6.27 4.77 6.58 7.77 US Consumer Sentiment (196601=100)........... 91.2 89.0 91.7 91.5 92.7 91.6 95.1 97.6 95.1 90.3 92.5 89.8 92.7 77.2 82.8 92.3 % Chg Prev Month SAAR...................... -18.84 -25.40 43.14 -2.59 16.92 -13.35 56.83 36.53 -26.76 -46.29 33.49 -29.92 46.43 -0.39 7.17 11.44 % Chg Same Month Last Yr................... 11.90 15.58 18.63 17.46 12.09 12.81 7.82 3.50 2.04 -1.31 -0.11 -3.23 1.64 -0.39 7.17 11.44 ------------------------------------------------------------------------------------------------------------------------------------------------------------- 92/II 92/III 92/IV 93/I 93/II 93/III 93/IV 94/I 94/II 94/III 94/IV 95/I 95/II 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------- US GDP (BIL 87 $) (1)........................ 4947.5 4990.5 5060.7 5075.3 5105.4 5139.4 5218.0 5261.1 5314.1 5367.0 5433.8 5470.1 5487.8 4979.3 5134.5 5344.0 % Chg Prev Qtr SAAR........................ 2.38 3.52 5.75 1.16 2.39 2.69 6.26 3.34 4.09 4.04 5.07 2.70 1.30 2.29 3.12 4.08 % Chg Same Qtr Last Yr..................... 1.64 2.27 3.69 3.19 3.19 2.98 3.11 3.66 4.09 4.43 4.14 3.97 3.27 2.29 3.12 4.08 US Personal Income (Bil 87 $) (1)............ 4141.2 4161.8 4271.4 4181.0 4244.1 4255.4 4301.6 4343.9 4390.9 4414.5 4487.8 4544.2 4551.6 4174.0 4245.5 4409.3 % Chg Prev Qtr SAAR........................ 1.92 2.01 10.96 -8.20 6.17 1.08 4.41 3.98 4.40 2.17 6.81 5.12 0.65 2.82 1.71 3.86 % Chg Same Qtr Last Yr..................... 1.98 2.65 4.83 1.44 2.49 2.25 0.71 3.90 3.46 3.74 4.33 4.61 3.66 2.82 1.71 3.86 -------------------------------------------------------------------------------------------------------------------------------------------------------------
CHATTANOOGA ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Chattanooga Economic Index (1982=100)............. 120.0 120.2 119.6 120.3 120.6 120.9 120.4 121.9 121.4 121.6 121.2 119.8 119.0 115.0 118.6 119.9 % Chg Prev Month SAAR........................... 5.8 2.2 -6.5 7.5 2.9 2.8 -4.6 16.5 -4.7 1.8 -3.6 -13.0 -8.3 2.6 3.1 1.2 % Chg Same Month Last Yr........................ 1.5 1.5 0.9 1.2 1.0 1.3 0.2 2.1 3.2 0.8 1.1 0.3 -0.9 2.6 3.1 1.2 Chattanooga Nonag Employment (THOU) (3)........... 214.8 215.6 215.0 215.2 216.3 216.5 217.5 218.8 218.9 217.4 216.8 216.8 212.1 202.0 209.4 215.1 % Chg Prev Month SAAR........................... 10.3 4.2 -3.3 1.6 6.1 1.1 5.9 7.2 0.7 -7.9 -3.6 -0.1 -22.9 1.6 3.7 2.7 % Chg Same Month Last Yr........................ 2.9 3.0 2.5 2.3 2.1 2.0 1.3 2.5 1.8 1.7 1.1 1.7 -1.3 1.6 3.7 2.7 Chattanooga Unemployment Rate (%) (3)............. 4.4 4.4 4.4 4.5 4.4 4.2 4.0 4.1 3.9 3.9 4.1 4.3 4.7 6.2 5.1 4.5 Chattanooga Mfg Employment (THOU,NSA) (3)......... 46.0 45.6 45.7 46.0 45.6 45.8 45.8 44.9 44.9 45.2 45.2 44.7 44.4 43.5 45.0 45.7 % Chg Prev Month SAAR........................... 5.4 -9.9 2.7 8.2 -9.9 5.4 0.0 -21.2 0.0 8.3 0.0 -12.5 -7.8 -0.9 3.4 1.6 % Chg Same Month Last Yr........................ 1.5 0.4 0.2 0.9 0.2 -0.4 -0.9 -0.7 -1.1 -0.7 -1.7 -2.4 -3.5 -0.9 3.4 1.6 Chattanooga Taxable Sales (MIL $) (4)............. 312 308 310 321 313 311 323 317 305 332 337 331 334 3272 3506 3717 % Chg Prev Month SAAR........................... 22.9 -14.7 10.6 49.6 -26.7 -4.6 53.2 -18.3 -39.1 177.1 20.6 -20.0 12.2 5.9 7.2 6.0 % Chg Same Month Last Yr........................ 5.0 0.4 6.2 8.1 6.0 3.5 8.4 12.4 -1.6 6.0 9.3 7.8 7.0 5.9 7.2 6.0 Chattanooga Taxable Sales (MIL 82 $) (4).......... 211 207 208 215 209 208 215 211 202 219 222 217 219 2330 2425 2506 % Chg Prev Month SAAR........................... 18.0 -17.5 5.4 46.0 -27.8 -6.1 49.6 -21.5 -41.0 170.6 15.0 -22.4 10.5 2.8 4.1 3.3 % Chg Same Month Last Yr........................ 2.4 -2.3 3.2 5.0 3.2 0.9 5.7 9.3 -4.3 3.0 6.0 4.5 3.9 2.8 4.1 3.3 Chattanooga Bankruptcies (7)...................... 402 323 401 401 344 391 398 380 369 437 406 458 484 5645 4762 4634 % Chg Prev Month SAAR........................... 49.8 -92.5 1212.8 0.1 -84.1 358.5 26.3 -42.6 -30.8 669.9 -58.2 320.1 92.8 -7.8 -15.6 -2.7 % Chg Same Month Last Yr........................ 1.9 -24.2 5.4 -1.3 -6.0 -6.9 8.1 2.7 -11.4 9.6 1.3 18.0 20.5 -7.8 -15.6 -2.7 Chattanooga Airport Passengers (THOU) (8)......... 48.5 45.8 46.1 46.8 46.5 47.8 46.6 48.1 47.6 50.5 46.7 45.0 44.5 596.4 618.1 579.6 % Chg Prev Month SAAR........................... -4.2 -49.5 7.3 19.1 -7.4 41.2 -26.9 45.1 -11.7 105.2 -61.5 -35.0 -13.2 7.8 3.6 -6.2 % Chg Same Month Last Yr........................ 0.0 -9.7 -7.5 -11.6 -13.4 -6.1 -8.2 -3.2 -6.1 -5.6 -4.5 -7.6 -8.3 7.8 3.6 -6.2 Chattanooga Comm & Ind Elec Cons (MIL KWH) (5).... 258 260 244 258 250 260 230 276 268 258 267 251 263 2833 3024 2962 % Chg Prev Month SAAR........................... 18.2 9.3 -53.0 94.6 -29.4 54.6 -76.6 776.8 -30.4 -34.2 49.4 -51.7 74.8 7.0 6.7 -2.1 % Chg Same Month Last Yr........................ 3.3 3.4 -4.6 2.4 -0.5 2.3 -10.4 5.1 49.7 1.9 5.5 -1.1 2.2 7.0 6.7 -2.1 Initial Claims For Chattanooga UI (THOU) (3)...... 1.85 1.88 1.80 1.74 1.67 1.58 1.54 1.51 1.50 1.41 1.43 1.57 1.75 25.06 19.65 20.66 % Chg Prev Month SAAR........................... -13.8 19.3 -38.1 -35.7 -37.0 -48.0 -30.0 -22.8 -1.1 -54.0 20.1 195.4 266.3 -25.8 -21.6 5.2 % Chg Same Month Last Yr........................ 16.5 17.5 3.3 1.4 -1.5 -3.1 -8.1 -9.3 -12.1 -16.5 -13.6 -16.4 -5.7 -25.8 -21.6 5.2 Chattanooga New Incorporations (9)................ 61 51 57 55 74 56 53 61 50 44 45 54 62 764 749 665 % Chg Prev Month SAAR........................... 156.0 -87.9 304.3 -32.3 2981.8 -96.7 -46.9 515.3 -90.4 -81.2 20.0 983.0 352.6 2.3 -2.0 -11.2 % Chg Same Month Last Yr........................ -6.6 -37.9 -14.3 -18.1 58.1 -8.1 -30.1 13.1 55.2 -22.3 -25.4 -3.3 1.4 2.3 -2.0 -11.2 Chattanooga Construction Potentials (6)........... 41 30 40 30 42 42 40 30 28 47 49 50 38 308 377 427 % Chg Prev Month SAAR...........................16430.6 -97.4 3043.2 -96.5 4821.1 -0.5 -53.9 -95.9 -67.253902.6 94.5 8.3 -95.7 18.0 22.3 13.3 % Chg Same Month Last Yr........................ 51.0 -3.9 46.0 -1.6 49.3 16.2 -21.2 -20.4 -10.5 19.2 86.0 85.2 -6.8 18.0 22.3 13.3 Chattanooga Cnstr Potentials,Val (MIL 82$,NSA) (6) 22 20 30 15 14 23 23 18 18 18 15 22 22 195 208 236 % Chg Same Month Last Yr........................ 8.5 48.7 73.9 -11.4 -32.8 6.1 -13.6 39.8 39.4 -10.5 -28.6 -5.7 -1.7 -0.8 6.8 13.3 ------------------------------------------------------------------------------------------------------------------------------------------------------------------
KNOXVILLE ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Knoxville Economic Index (1982=100)............... 122.8 122.8 123.6 123.3 124.1 125.5 124.2 124.2 123.9 124.9 123.7 123.0 122.8 116.1 119.8 122.9 % Chg Prev Month SAAR........................... 6.0 -0.5 8.4 -2.6 7.7 14.1 -11.1 -0.5 -2.3 9.9 -11.0 -6.4 -2.0 3.3 3.2 2.6 % Chg Same Month Last Yr........................ 2.9 2.2 2.5 2.0 1.8 3.4 1.9 3.4 1.2 2.3 1.4 0.7 0.0 3.3 3.2 2.6 Knoxville Nonag Employment (THOU) (3)............. 301.6 304.2 306.3 305.5 307.4 307.7 307.7 307.8 307.6 307.5 300.9 301.8 300.4 285.8 296.7 303.2 % Chg Prev Month SAAR........................... 3.7 10.6 8.6 -3.2 7.8 1.1 0.1 0.4 -0.9 -0.4 -22.7 3.5 -5.3 5.4 3.8 2.2 % Chg Same Month Last Yr........................ 2.6 2.3 2.2 2.4 2.1 1.9 1.6 3.7 2.8 1.9 0.3 0.4 -0.4 5.4 3.8 2.2 Knoxville Unemployment Rate (%) (3)............... 4.1 4.0 4.0 3.9 3.8 3.7 3.3 3.7 3.6 3.3 3.8 3.8 4.0 5.3 4.7 4.0 Knoxville Mfg Employment (THOU,NSA) (2)........... 50.8 50.7 50.7 51.6 51.4 51.4 51.8 51.2 51.4 51.4 50.5 51.4 51.7 49.7 50.6 50.8 % Chg Prev Month SAAR........................... 7.4 -2.3 0.0 23.5 -4.6 0.0 9.7 -13.0 4.8 0.0 -19.1 23.6 7.2 1.7 1.8 0.4 % Chg Same Month Last Yr........................ 0.2 -1.6 -1.0 1.4 1.6 1.0 1.4 2.0 2.6 2.2 0.2 1.8 1.8 1.7 1.8 0.4 Knoxville Taxable Sales (MIL $) (4)............... 656 669 682 667 673 701 714 696 681 718 719 718 729 6807 7357 7981 % Chg Prev Month SAAR........................... -5.4 26.9 25.1 -23.7 13.1 60.4 25.6 -26.2 -23.7 91.4 0.4 -0.9 19.1 7.3 8.1 8.5 % Chg Same Month Last Yr........................ 5.9 6.5 11.4 5.1 6.5 11.5 12.0 16.7 3.8 9.3 10.5 9.0 11.1 7.3 8.1 8.5 Knoxville Taxable Sales (MIL 82 $) (4)............ 443 451 457 446 450 468 476 462 451 475 473 472 478 4849 5089 5379 % Chg Prev Month SAAR........................... -9.2 22.9 19.2 -25.5 11.3 57.9 22.6 -29.1 -26.1 86.9 -4.2 -3.9 17.3 4.1 5.0 5.7 % Chg Same Month Last Yr........................ 3.2 3.7 8.2 2.0 3.7 8.6 9.2 13.4 0.9 6.3 7.2 5.6 7.9 4.1 5.0 5.7 Knoxville Bankruptcies (7)........................ 406 440 459 462 416 333 489 414 376 431 390 490 449 5925 5220 5003 % Chg Prev Month SAAR........................... -58.0 167.0 65.4 7.0 -71.0 -93.1 9833.0 -86.4 -68.3 410.9 -69.4 1452.7 -65.1 -8.0 -11.9 -4.2 % Chg Same Month Last Yr........................ -8.5 1.0 5.9 3.1 24.0 -19.2 19.7 7.9 24.1 -8.3 -3.8 12.5 10.7 -8.0 -11.9 -4.2 Knoxville Airport Passengers (THOU) (10).......... 109.9 105.6 107.3 110.6 107.5 111.5 109.1 113.3 113.6 118.9 108.8 112.7 114.0 1254.3 1310.9 1306.2 % Chg Prev Month SAAR........................... 37.1 -38.0 20.7 43.9 -29.1 54.6 -22.7 56.7 3.6 72.4 -65.4 51.8 15.0 9.4 4.5 -0.4 % Chg Same Month Last Yr........................ 4.1 -2.1 0.7 -1.3 -4.0 -0.8 -1.5 4.8 4.1 6.6 -0.1 5.2 3.7 9.4 4.5 -0.4 Knoxville Comm & Ind Elec Cons (MIL KWH) (5)...... 189 185 187 184 191 187 186 191 194 198 190 193 195 2022 2191 2262 % Chg Prev Month SAAR........................... 37.6 -25.1 14.6 -20.6 65.3 -26.2 -3.7 33.6 26.8 24.6 -37.0 17.1 10.6 5.8 8.3 3.3 % Chg Same Month Last Yr........................ 5.4 -0.8 0.5 -2.1 6.2 0.6 0.4 0.3 0.9 2.2 -0.9 4.6 2.7 5.8 8.3 3.3 Initial Claims For Knoxville UI (THOU) (3)........ 4.00 4.19 3.85 3.70 3.58 3.47 3.51 3.69 3.87 3.34 3.86 3.37 3.79 50.61 47.13 46.64 % Chg Prev Month SAAR........................... 8.4 76.5 -64.8 -37.8 -32.9 -30.0 14.2 83.9 74.4 -82.7 470.9 -80.5 304.1 -20.4 -6.9 -1.1 % Chg Same Month Last Yr........................ 4.7 11.1 0.5 -5.9 -9.6 -13.4 -11.4 -10.0 -11.3 -18.5 1.5 -15.2 -5.3 -20.4 -6.9 -1.1 Knoxville New Incorporations (9).................. 139 112 125 128 146 118 131 132 134 157 117 117 123 1509 1646 1501 % Chg Prev Month SAAR........................... 215.2 -92.4 281.6 28.2 404.5 -92.6 274.6 10.4 12.0 592.8 -97.0 -5.9 82.2 6.7 9.1 -8.8 % Chg Same Month Last Yr........................ 5.4 -16.6 -25.4 -15.3 14.9 -21.5 -6.4 -14.5 82.1 27.5 -5.4 -7.4 -11.5 6.7 9.1 -8.8 Help Wanted Index,Knoxville (1967=100) (11)....... 444 458 461 454 464 470 466 448 437 476 478 451 437 292 363 439 % Chg Prev Month SAAR........................... 31.4 45.1 8.1 -16.8 29.9 16.7 -9.7 -37.7 -25.8 178.9 5.2 -50.2 -31.5 6.8 24.6 20.8 % Chg Same Month Last Yr........................ 26.1 25.5 18.5 9.4 16.6 21.8 15.1 23.8 3.8 11.7 17.4 3.9 -1.6 6.8 24.6 20.8 Knoxville Construction Potentials (6)............. 55 43 73 54 55 51 60 63 56 64 53 82 49 512 577 628 % Chg Prev Month SAAR........................... 4011.9 -94.851145.2 -97.5 32.1 -60.5 625.0 92.2 -75.6 393.7 -90.921444.7 -99.8 -2.3 12.7 8.8 % Chg Same Month Last Yr........................ 18.5 -15.2 49.2 -11.3 1.5 -12.2 7.9 20.0 61.7 3.3 11.2 102.2 -10.9 -2.3 12.7 8.8 Knoxville Cnstr Potentials,Val (MIL 82 $) (6)..... 38 35 52 55 50 43 41 56 30 76 39 47 33 453 430 534 % Chg Same Month Last Yr........................ -3.0 -15.1 44.0 -1.1 56.9 43.2 8.8 -2.6 -11.7 56.0 3.6 7.5 -12.5 15.8 -5.0 24.2 ------------------------------------------------------------------------------------------------------------------------------------------------------------------
MEMPHIS ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Memphis Economic Index (1982=100)................. 132.6 132.0 133.6 133.9 134.9 136.0 135.9 136.0 135.2 135.2 134.8 133.8 133.0 124.5 128.6 133.3 % Chg Prev Month SAAR........................... -1.6 -5.9 15.9 2.4 9.7 9.6 -0.1 0.7 -6.7 -0.3 -3.2 -9.1 -6.7 1.6 3.2 3.7 % Chg Same Month Last Yr........................ 3.5 2.3 3.2 3.6 3.5 4.2 3.6 3.8 3.6 1.5 1.4 0.7 0.3 1.6 3.2 3.7 Memphis Nonag Employment (THOU) (3)............... 497.9 499.4 501.0 503.2 509.1 514.9 511.2 513.9 511.9 512.0 508.9 507.9 503.2 483.3 491.9 503.8 % Chg Prev Month SAAR........................... -6.1 3.6 3.9 5.5 15.0 14.5 -8.4 6.5 -4.5 0.2 -7.1 -2.3 -10.5 0.2 1.8 2.4 % Chg Same Month Last Yr........................ 2.0 1.5 1.6 1.9 1.9 3.0 1.4 2.4 2.5 1.4 1.5 1.5 1.1 0.2 1.8 2.4 Memphis Unemployment Rate (%) (3)................. 4.7 4.7 4.7 4.6 4.5 4.3 4.0 4.1 4.1 4.1 4.2 4.4 4.7 5.9 5.4 4.7 Memphis Mfg Employment (THOU) (3)................. 66.2 65.1 65.0 65.0 64.8 64.7 65.0 65.1 65.7 65.3 65.5 65.5 64.7 63.0 65.2 65.3 % Chg Prev Month SAAR........................... 11.1 -18.2 -1.0 -0.1 -3.6 -1.4 4.8 2.1 11.2 -6.8 3.6 0.5 -14.6 2.5 3.5 0.2 % Chg Same Month Last Yr........................ 1.1 0.0 0.0 -1.5 -1.0 -1.0 -1.2 -0.4 -0.1 -0.2 -0.4 -0.1 -2.3 2.5 3.5 0.2 Memphis Taxable Sales (MIL $) (4)................. 815 816 850 816 835 849 889 878 843 866 879 878 886 8281 8894 9848 % Chg Prev Month SAAR........................... 9.3 2.0 61.8 -38.7 31.9 22.8 72.6 -13.6 -38.2 36.6 19.7 -0.5 10.6 3.0 7.4 10.7 % Chg Same Month Last Yr........................ 10.6 8.8 13.1 3.8 11.5 8.9 14.8 15.9 8.9 5.3 7.7 8.6 8.7 3.0 7.4 10.7 Memphis Taxable Sales (MIL 82 $) (4).............. 550 550 570 546 558 567 592 583 559 572 578 577 581 5898 6151 6638 % Chg Prev Month SAAR........................... 5.0 -1.2 54.1 -40.2 29.8 20.9 68.5 -16.9 -40.1 33.4 14.1 -3.6 8.9 0.0 4.3 7.9 % Chg Same Month Last Yr........................ 7.8 5.9 9.9 0.8 8.6 6.2 11.9 12.6 5.8 2.4 4.5 5.2 5.6 0.0 4.3 7.9 Memphis Bankruptcies (7).......................... 1157 1084 1316 1052 1100 1120 1070 1167 1129 1367 1218 1229 1178 14235 13873 13326 % Chg Prev Month SAAR........................... 23.9 -54.4 928.1 -93.2 69.7 24.8 -42.4 184.6 -33.1 898.9 -75.0 11.7 -40.1 -2.4 -2.5 -3.9 % Chg Same Month Last Yr........................ -1.6 -2.1 15.8 -8.9 5.0 0.0 -15.6 7.9 9.0 20.9 16.8 8.2 1.8 -2.4 -2.5 -3.9 Memphis Airport Passengers (THOU) (12)............ 638.9 650.8 651.7 665.9 693.8 700.9 731.9 741.8 740.7 749.6 702.2 740.7 740.8 8149.5 7859.9 8028.9 % Chg Prev Month SAAR........................... -28.7 24.7 1.7 29.5 63.7 12.9 68.1 17.5 -1.8 15.5 -54.4 89.7 0.2 -0.2 -3.6 2.2 % Chg Same Month Last Yr........................ 1.1 1.9 3.6 2.1 7.3 3.1 15.0 10.6 11.4 14.8 8.2 12.7 15.9 -0.2 -3.6 2.2 Memphis Comm & Ind Elec Cons (MIL KWH) (5)........ 578 544 518 536 535 546 563 551 597 550 570 575 598 6196 6299 6568 % Chg Prev Month SAAR........................... 89.4 -51.8 -43.7 47.6 -2.3 29.9 44.6 -23.9 163.1 -62.4 54.4 10.4 60.5 6.1 1.7 4.3 % Chg Same Month Last Yr........................ 15.4 -3.8 -1.4 -0.5 3.5 3.0 4.7 -2.0 6.7 2.4 5.6 4.9 3.5 6.1 1.7 4.3 Initial Claims For Memphis UI (THOU) (3).......... 4.74 4.66 4.62 4.42 4.54 4.15 4.14 4.04 4.12 4.07 3.94 4.08 4.59 72.11 57.48 54.62 % Chg Prev Month SAAR........................... 33.4 -18.0 -9.5 -41.9 40.6 -66.4 -3.3 -24.5 27.3 -15.2 -32.5 52.1 320.2 -15.4 -20.3 -5.0 % Chg Same Month Last Yr........................ 2.4 -0.2 0.1 -6.3 -3.4 -11.5 -13.2 -14.9 -11.4 -13.3 -15.1 -11.8 -3.0 -15.4 -20.3 -5.0 Memphis New Incorporations (9).................... 154 107 149 154 150 161 169 157 143 115 122 136 144 2008 2038 1770 % Chg Prev Month SAAR........................... 35.5 -98.7 5112.7 45.4 -28.0 142.8 82.3 -58.7 -67.5 -92.8 112.9 264.6 89.4 2.4 1.5 -13.2 % Chg Same Month Last Yr........................ -24.0 -42.2 -16.7 -3.9 1.6 3.7 15.7 -6.3 29.1 -26.6 -12.5 -9.4 -6.8 2.4 1.5 -13.2 Help Wanted Index,Memphis (1967=100) (11)......... 179 181 188 180 197 181 189 185 183 186 191 167 173 104 126 177 % Chg Prev Month SAAR........................... -6.5 14.3 57.7 -40.7 195.3 -63.8 68.0 -22.6 -12.2 21.5 37.5 -80.0 52.7 4.8 21.5 40.7 % Chg Same Month Last Yr........................ 50.4 39.2 38.2 35.3 35.9 34.1 33.1 26.7 22.0 12.0 1.6 -7.2 -3.4 4.8 21.5 40.7 Memphis Construction Potentials (6)............... 58 57 83 76 72 76 64 58 75 86 50 101 66 660 702 801 % Chg Prev Month SAAR........................... -83.0 -25.5 9262.7 -63.4 -51.9 101.0 -87.6 -69.9 2245.0 387.5 -99.8******* -99.4 41.7 6.4 14.1 % Chg Same Month Last Yr........................ 9.6 -13.7 53.5 19.6 37.5 11.0 -0.7 -7.4 16.5 56.0 -21.8 49.2 12.6 41.7 6.4 14.1 Memphis Cnstr Potentials,Val (MIL 82 $) (6)....... 68 56 82 55 52 78 52 72 91 90 51 89 43 695 811 747 % Chg Same Month Last Yr........................ 40.4 -22.9 67.0 -22.0 -9.6 13.8 -68.6 31.1 44.5 47.3 -12.1 35.2 -37.0 16.7 16.7 -8.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------
NASHVILLE ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Nashville Economic Index (1982=100)............... 128.2 127.8 128.8 129.4 129.7 130.3 130.9 130.6 129.9 131.4 131.0 128.4 129.5 118.9 123.3 128.2 % Chg Prev Month SAAR........................... 4.7 -3.4 9.5 6.0 3.1 6.1 4.8 -2.4 -6.0 14.8 -4.2 -20.8 10.3 2.6 3.7 4.0 % Chg Same Month Last Yr........................ 4.3 3.8 4.1 3.9 4.0 3.7 3.9 4.6 2.8 2.8 3.1 0.6 1.0 2.6 3.7 4.0 Nashville Nonag Employment (THOU) (3)............. 567.1 570.9 575.5 575.4 582.2 587.1 586.8 586.9 588.4 592.8 592.6 588.6 589.9 516.4 541.8 570.7 % Chg Prev Month SAAR........................... 4.0 8.5 10.0 -0.2 15.2 10.6 -0.6 0.1 3.2 9.2 -0.3 -7.9 2.7 3.2 4.9 5.3 % Chg Same Month Last Yr........................ 5.4 5.6 5.7 5.5 5.4 6.0 5.2 6.1 5.7 5.2 4.9 4.1 4.0 3.2 4.9 5.3 Nashville Unemployment Rate (%) (3)............... 3.3 3.2 3.2 3.0 3.0 2.9 2.8 2.8 2.7 2.8 3.0 3.2 3.3 5.0 4.2 3.3 Nashville Mfg Employment (THOU,NSA) (2)........... 99.2 99.1 98.9 99.3 99.7 100.0 100.7 101.2 101.0 101.0 100.7 100.6 100.7 90.9 94.2 98.7 % Chg Prev Month SAAR........................... 8.9 -1.2 -2.4 5.0 4.9 3.7 8.7 6.1 -2.3 0.0 -3.5 -1.2 1.2 4.6 3.6 4.7 % Chg Same Month Last Yr........................ 5.3 5.9 5.0 4.5 5.1 4.8 4.7 5.0 4.2 3.5 2.9 2.1 1.5 4.6 3.6 4.7 Nashville Taxable Sales (MIL $) (4)............... 1125 1130 1175 1160 1164 1175 1195 1159 1158 1240 1219 1183 1218 11064 12251 13598 % Chg Prev Month SAAR........................... -8.3 5.3 59.0 -14.5 4.8 12.2 22.5 -31.0 -1.0 127.7 -18.3 -30.2 41.1 8.3 10.7 11.0 % Chg Same Month Last Yr........................ 11.5 10.6 16.2 6.8 11.1 10.8 10.0 15.9 5.7 9.8 9.2 4.4 8.2 8.3 10.7 11.0 Nashville Taxable Sales (MIL 82 $) (4)............ 760 761 788 776 778 785 796 769 767 820 803 777 799 7879 8473 9166 % Chg Prev Month SAAR........................... -12.0 2.0 51.5 -16.5 3.1 10.4 19.6 -33.7 -4.1 122.3 -22.1 -32.4 38.9 5.1 7.5 8.2 % Chg Same Month Last Yr........................ 8.7 7.7 12.9 3.7 8.2 8.0 7.3 12.7 2.8 6.8 6.0 1.2 5.1 5.1 7.5 8.2 Nashville Bankruptcies (7)........................ 728 764 768 773 727 759 747 741 741 784 682 806 789 10882 9992 8938 % Chg Prev Month SAAR........................... -33.9 79.4 6.4 7.7 -52.1 69.5 -18.1 -9.7 0.6 97.4 -81.2 633.9 -21.7 -11.2 -8.2 -10.5 % Chg Same Month Last Yr........................ -21.8 -8.7 5.9 -15.9 -4.4 -9.2 -3.5 4.2 -3.0 5.2 -2.6 6.9 8.5 -11.2 -8.2 -10.5 Nashville Airport Passengers (THOU) (13).......... 714.4 739.6 705.6 725.0 754.5 767.7 729.1 737.1 708.0 711.9 695.0 654.2 589.310228.6 9115.2 8705.1 % Chg Prev Month SAAR........................... 19.7 51.6 -43.1 38.4 61.4 23.2 -46.1 13.9 -38.4 7.0 -25.2 -51.6 -71.5 16.4 -10.9 -4.5 % Chg Same Month Last Yr........................ -6.0 5.3 2.1 -3.8 0.6 14.9 -0.5 2.5 -1.3 -1.2 -1.9 -7.0 -17.5 16.4 -10.9 -4.5 Nashville Comm & Ind Elec Cons (MIL KWH) (5)...... 496 498 457 465 478 490 488 494 506 498 505 490 517 5199 5599 5797 % Chg Prev Month SAAR........................... 34.2 6.6 -64.6 24.1 38.6 33.6 -3.4 13.6 34.7 -18.0 20.3 -31.0 89.0 4.7 7.7 3.5 % Chg Same Month Last Yr........................ 8.3 4.6 -5.2 -3.1 6.5 5.3 4.4 1.3 3.0 4.2 4.4 1.3 4.3 4.7 7.7 3.5 Initial Claims For Nashville UI (THOU) (3)........ 4.61 4.91 5.00 4.00 4.15 3.86 3.77 3.96 4.05 4.06 4.22 4.61 4.98 86.19 63.85 53.90 % Chg Prev Month SAAR........................... 25.9 112.9 24.4 -93.2 58.0 -58.4 -24.4 79.0 31.0 1.7 62.5 185.8 151.4 -18.4 -25.9 -15.6 % Chg Same Month Last Yr........................ -14.6 -15.2 -9.3 -23.4 -19.3 -20.7 -25.0 -20.2 -16.5 -14.2 -6.6 1.9 8.0 -18.4 -25.9 -15.6 Nashville New Incorporations (9).................. 263 232 248 296 236 282 272 263 230 262 228 254 257 3297 3124 3000 % Chg Prev Month SAAR........................... 41.7 -77.8 124.0 731.4 -93.2 745.9 -34.9 -35.4 -79.8 383.8 -80.9 259.9 15.0 9.0 -5.2 -4.0 % Chg Same Month Last Yr........................ -4.8 -18.3 -1.0 17.6 -13.5 9.0 9.9 0.6 44.4 8.2 -10.2 -0.4 -2.1 9.0 -5.2 -4.0 Help Wanted Index,Nashville (1967=100) (14)....... 297 288 292 297 303 299 316 317 308 318 351 238 293 180 227 290 % Chg Prev Month SAAR........................... -17.5 -31.1 17.8 20.5 27.6 -13.6 91.0 4.2 -28.6 45.2 228.1 -99.1 1139.0 13.6 25.8 28.0 % Chg Same Month Last Yr........................ 32.4 21.6 21.5 22.6 21.9 17.5 21.2 23.1 11.5 8.9 34.2 -21.3 -1.4 13.6 25.8 28.0 Nashville Construction Potentials (6)............. 137 125 139 141 140 137 144 163 115 168 131 133 135 1203 1313 1567 % Chg Prev Month SAAR........................... 2819.6 -66.7 255.5 10.4 -4.8 -21.0 81.5 327.9 -98.4 8577.3 -94.8 18.9 18.1 9.0 9.1 19.4 % Chg Same Month Last Yr........................ 27.4 13.1 8.9 14.8 27.4 -3.1 14.9 45.9 -13.9 26.5 8.0 28.1 -1.9 9.0 9.1 19.4 Nashville Cnstr Potentials,Val (MIL 82 $) (6)..... 107 101 123 137 97 125 90 118 95 107 106 103 117 1120 1046 1330 % Chg Same Month Last Yr........................ 20.3 13.2 130.7 38.7 16.4 -0.8 -14.0 17.1 -3.6 -3.4 -33.1 23.6 9.9 29.5 -6.5 27.2 ------------------------------------------------------------------------------------------------------------------------------------------------------------------
TRI-CITIES ECONOMIC INDICATORSSEASONALLY ADJUSTED 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 1992 1993 1994 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Tri-Cities Economic Index (1982=100).............. 122.6 122.7 122.8 122.3 122.5 124.0 121.8 123.9 125.3 124.6 125.0 122.5 124.5 118.0 120.7 122.4 % Chg Prev Month SAAR........................... 6.7 1.0 1.0 -5.2 2.4 15.3 -18.7 22.2 14.0 -6.5 4.6 -21.5 21.6 3.1 2.3 1.5 % Chg Same Month Last Yr........................ 1.8 2.5 2.8 1.5 0.3 1.6 0.3 2.2 1.6 2.2 2.2 0.5 1.6 3.1 2.3 1.5 Tri-Cities Nonag Employment (THOU) (3)............ 184.2 185.6 185.7 184.7 184.6 186.3 185.7 186.7 187.0 187.8 187.0 185.0 184.6 181.2 184.5 185.3 % Chg Prev Month SAAR........................... -3.0 9.5 0.7 -6.1 -0.6 11.1 -3.7 7.0 2.0 5.1 -4.8 -12.1 -2.9 3.3 1.8 0.5 % Chg Same Month Last Yr........................ 0.2 2.1 2.3 0.3 -1.1 -0.2 -0.7 1.2 0.8 0.6 0.7 0.2 0.2 3.3 1.8 0.5 Tri-Cities Unemployment Rate (%) (3).............. 5.4 5.1 5.5 5.1 5.0 4.7 4.3 4.4 4.4 4.2 4.3 4.6 4.8 6.1 5.7 5.3 Tri-Cities Mfg Employment (THOU,NSA) (2).......... 53.5 53.3 53.5 53.5 52.2 52.6 52.9 52.8 53.0 53.3 53.4 53.3 53.3 54.0 53.7 53.0 % Chg Prev Month SAAR........................... 11.9 -4.4 4.6 0.0 -25.6 9.6 7.1 -2.2 4.6 7.0 2.3 -2.2 0.0 0.7 -0.4 -1.3 % Chg Same Month Last Yr........................ -1.3 -1.1 -0.7 -0.9 -2.4 -1.3 -0.8 0.4 0.2 0.2 0.9 0.6 -0.4 0.7 -0.4 -1.3 Tri-Cities Taxable Sales (MIL $) (4).............. 262 267 269 274 271 270 248 269 295 287 283 284 290 2839 2981 3147 % Chg Prev Month SAAR........................... 21.8 22.9 8.6 23.3 -9.7 -4.0 -63.7 158.8 202.6 -27.0 -17.7 3.7 29.2 7.7 5.0 5.6 % Chg Same Month Last Yr........................ 4.4 6.8 8.4 8.4 9.7 7.1 -1.3 11.6 15.6 5.9 9.1 9.8 10.4 7.7 5.0 5.6 Tri-Cities Taxable Sales (MIL 82 $) (4)........... 177 180 180 183 181 180 166 179 195 190 186 186 190 2022 2062 2121 % Chg Prev Month SAAR........................... 17.0 19.0 3.5 20.4 -11.1 -5.5 -64.5 148.7 193.1 -28.7 -21.5 0.4 27.2 4.5 2.0 2.9 % Chg Same Month Last Yr........................ 1.7 4.0 5.3 5.2 6.9 4.4 -3.8 8.5 12.4 3.0 5.8 6.5 7.2 4.5 2.0 2.9 Tri-Cities Bankruptcies (7)....................... 406 440 459 462 416 333 489 414 376 431 390 490 449 5925 5220 5003 % Chg Prev Month SAAR........................... -58.0 167.0 65.4 7.0 -71.0 -93.1 9833.0 -86.4 -68.3 410.9 -69.4 1452.7 -65.1 -8.0 -11.9 -4.2 % Chg Same Month Last Yr........................ -8.5 1.0 5.9 3.1 24.0 -19.2 19.7 7.9 24.1 -8.3 -3.8 12.5 10.7 -8.0 -11.9 -4.2 Tri-Cities Airport Passengers (THOU) (15)......... 35.9 34.2 34.6 35.8 35.9 37.1 36.8 37.6 37.4 39.3 37.3 37.2 35.2 469.5 446.8 436.8 % Chg Prev Month SAAR........................... -40.8 -44.2 15.0 50.5 4.2 48.7 -9.5 28.7 -4.2 77.3 -46.5 -2.7 -47.7 10.3 -4.8 -2.2 % Chg Same Month Last Yr........................ -2.0 -7.7 -4.9 -9.4 -4.6 -2.0 -1.6 2.1 0.1 4.0 0.2 -0.8 -1.8 10.3 -4.8 -2.2 Tri-Cities Comm & Ind Elec Cons (MIL KWH) (5)..... 58 59 59 56 54 52 52 56 61 54 62 56 71 595 646 673 % Chg Prev Month SAAR........................... 4.4 20.9 5.4 -53.1 -37.6 -23.3 -10.9 173.2 141.5 -76.7 470.0 -70.8 1512.4 10.5 8.5 4.2 % Chg Same Month Last Yr........................ 5.7 11.1 6.1 2.5 -3.2 -9.3 2.0 -2.6 3.9 4.0 9.0 -3.2 21.7 10.5 8.5 4.2 Initial Claims For Tri-Cities UI (THOU) (3)....... 2.59 2.50 2.64 2.64 2.47 2.37 2.23 2.13 2.19 1.98 2.02 2.22 2.13 32.26 30.45 31.24 % Chg Prev Month SAAR........................... -31.0 -32.1 91.1 -1.2 -56.2 -37.9 -52.5 -39.9 39.9 -70.3 22.5 219.1 -41.1 -10.3 -5.6 2.6 % Chg Same Month Last Yr........................ -1.7 -6.1 -13.5 -5.3 -10.4 -14.5 -16.9 -22.4 -19.5 -32.0 -26.4 -16.7 -17.8 -10.3 -5.6 2.6 Tri-Cities New Incorporations (9)................. 31 27 29 26 30 31 32 35 39 28 30 40 30 456 440 375 % Chg Prev Month SAAR........................... -25.3 -86.4 168.3 -71.5 557.7 34.7 22.2 186.9 277.1 -97.7 150.8 2190.0 -97.0 3.9 -3.4 -14.9 % Chg Same Month Last Yr........................ 4.9 -28.0 -21.1 -53.1 -3.9 -1.1 1.4 -0.5 58.5 -15.9 -31.3 23.1 -5.7 3.9 -3.4 -14.9 Tri-Cities Construction Potentials (6)............ 22 24 35 15 19 17 19 16 26 25 32 33 33 233 265 245 % Chg Prev Month SAAR........................... 7.6 144.410058.3 -100.0 2013.0 -81.0 340.6 -89.037411.0 -32.3 1880.1 56.7 22.4 -14.2 14.1 -7.8 % Chg Same Month Last Yr........................ -7.0 1.7 79.2 -22.6 -7.9 -36.7 -28.0 96.9 29.1 -6.9 64.3 50.7 52.3 -14.2 14.1 -7.8 Tri-Cities Cnstr Potentials,Val (MIL 82 $,NSA) (6) 15 18 21 17 18 14 11 10 12 24 12 25 27 258 241 205 % Chg Same Month Last Yr........................ -63.4 7.1 66.2 -52.3 2.2 -46.5 -28.5 10.0 -40.8 7.8 -50.9 70.3 82.2 9.4 -6.7 -14.8 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Center for Business and Economic Research, College of Business
Administration, The University of Tennessee, Knoxville. For further
information, call CBER (423) 974-5441.
Data reported herein are seasonally adjusted, and therefore
may not be directly comparable to data elsewhere. The five
seasonally adjusted leading index components are Tennessee
construction potentials, initial claims for Tennessee unemployment
insurance, the U.S. leading index, inflation-adjusted taxable sales
and taxable mortgages. The three seasonally adjusted coincident
index components are Tennessee commercial and industrial electricity
consumption, the Memphis help-wanted advertising index, and the U.S.
coincident index. See the Fall 1988 issue of the Survey of Business
and the 1994 Economic Report to the Governor for a complete
discussion of the methodology underlying the Tennessee economic
indices.
Tennessee Economic Overview, June 1995
Last updated November 16, 1995Vickie Cunningham, vcunningham@utk.edu