National Economic Indicators
November September October
2009 2010 2010
Consumer Confidence (1) 50.6 48.6 49.9
ISM Manufacturing Index (2) 53.6 54.4 56.9
Consumer Price Index
(USA City Average for 216.3 218.4 218.7
All Urban Consumers) (3) *
Retail and Food Services 351,764 369,440 375,571
Sales (4) ($ Millions)
30-Year Mortgage Rate (5) 4.88 4.35 4.23
Housing Starts (000) (6) 579 588 519
November Percent
2010 Change
Consumer Confidence (1) 54.1 +6.9
ISM Manufacturing Index (2) 56.6 +5.6
Consumer Price Index
(USA City Average for 218.8 +1.2
All Urban Consumers) (3) *
Retail and Food Services 378,706 +7.7
Sales (4) ($ Millions)
30-Year Mortgage Rate (5) 4.30 -11.9
Housing Starts (000) (6) -- --
* Not seasonally adjusted.
P = Preliminary estimate.
(1) The Conference Board, www.conference-board.org.
(2) Institute of Supply Management (ISM) Manufacturing Report
on Business.
(3) Bureau of Labor Statistics.
(4) Economic Indicators. Gov-Economics and Statistics
Administrations, www.economicindicators.gov/.
(5) The Board of Governors of the Federal Reserve System, The
Federal Reserve Bank, St. Louis, Missouri. All monthly 30-year
mortgage statistics in this table are reported for the third
weekly observation for each month.
(6) The Board of Governors of the Federal Reserve System, The
Federal Reserve Bank, St. Louis, Missouri.
National Unleaded Average Retail Gasoline Prices
Regular Mid Premium Diesel
December 21, 2010, Average $2.98 $3.17 $3.28 $3.26
December 20, 2010, Average $2.98 $3.17 $3.28 $3.26
December 14, 2010, Average $2.98 $3.16 $3.28 $3.25
November 21, 2010, Average $2.88 $3.05 $3.16 $3.19
December 21, 2009, Average $2.59 $2.75 $2.85 $2.79
Source: Daily Fuel Gauge, AAA.com, http://www.fuelgaugereport.com/.
Memphis, Tennessee, Unleaded Average Retail Gasoline Prices
Regular Mid Premium Diesel
December 21, 2010, Average $2.83 $2.99 $3.14 $3.10
December 20, 2010, Average $2.82 $2.99 $3.13 $3.09
December 14, 2010, Average $2.83 $3.00 $3.14 $3.07
November 21, 2010, Average $2.67 $2.83 $2.96 $3.00
December 21, 2009, Average $2.43 $2.57 $2.70 $2.68
Source: Daily Fuel Gauge, AAA.com, http://www.fuelgaugereport.com/
TNmetro.asp.
Interest Rates, November 2009 and October and November 2010
November October November
2009 2010 2010 Difference
3-Month Treasury Bill 0.19 0.13 0.14 -0.05
6-Month Treasury Bill 0.15 0.18 0.18 0.03
10-Year Treasury Bill 3.40 2.54 2.76 -0.64
30-Year Treasury Bill 4.31 3.87 4.19 -0.12
Effective Fed Funds 0.12 0.18 0.18 0.06
Bank Prime Rate 3.25 3.25 3.25 0.00
AAA Corporate Bond 5.19 4.68 4.87 -0.32
30-Year Mortgage 4.88 4.23 4.30 -0.58
Source: St. LOUIS Federal Reserve BanK.
National and Regional Unemployment Rates, Seasonally Adjusted,
November 2009 and September 2010-November 2010
Percent
Change
November
2009-
November September October November November
2009 2010 2010 20101 2010
United States 10.0 9.6 9.6 9.8 -2.0
Alabama 10.9 8.9 8.9 9.0 -17.4
Arkansas 7.6 7.7 7.8 7.9 3.9
Georgia 10.2 9.9 9.8 10.1 -1.0
Kentucky 10.7 10.1 10.0 10.2 -4.7
Louisiana 7.3 7.8 8.1 8.2 12.3
Mississippi 10.4 9.8 9.7 9.9 -4.8
Missouri 9.6 9.3 9.4 9.4 -2.1
Tennessee 10.7 9.4 9.4 9.4 -12.1
Memphis MSA * 10.3 9.5 9.5 -- --
* Not seasonally adjusted.
P = Preliminary.
Source: U.S. Census Bureau, U.S. Bureau of Labor Statistics.
National and Regional Unadjusted Housing Permits Issued,
October 2009 and August 2010-October 2010
Percent
Change
October
2009-
October August September October October
2009 2010 2010 2010 2010
United States 46,525 53,191 47,099 44,043 -5.3
Alabama 725 623 738 806 -11.2
Arkansas 588 845 522 360 -38.8
Georgia 1,328 1,382 1,156 928 -30.1
Kentucky 574 640 540 734 27.9
Louisiana 1,016 921 965 911 -3.8
Mississippi 389 480 383 353 -9.3
Missouri 707 886 807 653 -7.6
Tennessee 1,200 1,677 1,249 931 -22.4
Memphis MSA 144 257 131 156 8.3
Source: U.S. Census Bureau.
Unemployment Rates, Memphis MSA, October 2009 and September
and October 2010
Timpton County, TN
October 2009: 12.2
September 2010:10.2
October 2010: 10.4
Crittenden County, AR
October 2009: 9.3
September 2010: 10.2
October 2010: 9.4
Shelbby County, TN
October 2009: 10.6
September 2010: 9.7
October 2010: 9.8
Fayette County, TN
October 2009: 11.6
September 2010: 9.8
October 2010: 10.2
DeSoto County, MS
October 2009: 7.0
September 2010: 7.1
October 2010: 7.0
Tunica County, MS
October 2009: 12.9
September 2010: 14.4
October 2010: 13.6
Tate County, MS
October 2009: 10.7
September 2010: 10.2
October 2010: 9.8
Marshall County, MS
October 2009: 10.9
September 2010: 10.9
October 2010: 11.0
Note: Not seasonally adjusted.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
Total Privately-Owned Residential Building Permits Issued, Memphis
MSA, October 2009, and Percent Change, October 2009-2010
Tipton County, TN
Permits Issued: 6
Percent Change: -40.0%
Crittenden County, AR
Permits Issued: 6
Percent Change: -14.3%
Shelby County, TN
Permits Issued: 97
Percent Change: 76.4%
Fayette County, TN
Permits Issued: 7
Percent Change: -61.1%
DeSoto County, MS
Permits Issued: 34
Percent Change: -17.1%
Tunica County, MS
Permits Issued: 0
Percent Change: -100.0%
Tate County, MS
Permits Issued: 4
Percent Change: 42.9%
Marshall County, MS
Permits Issued: 2
Percent Change: 60.0%
Source: U.S. Census Bureau.