Monthly Economic Data Summary South Region September 2021 Regions Bank Economics Division Richard F. Moody Greg McAtee Chief Economist Senior Economist Nonfarm % from Economics Division Nonfarm Employment, ths % change year ago Employment, peak, May-21 Jun-21 Jul-21 May-21 Jun-21 Jul-21 Q1 2020 peak (ths) Jul-21 CENTRAL ALABAMA: Auburn-Opelika, AL 66.000 66.400 66.900 11.68 8.50 6.87 67.800 -1.33 Dothan, AL 58.800 59.300 59.900 5.19 4.40 4.54 60.600 -1.16 Montgomery, AL 169.300 170.000 170.200 5.29 3.91 2.53 178.000 -4.38 NORTH ALABAMA: Decatur, AL 57.000 57.100 57.300 4.59 3.44 2.87 58.300 -1.72 Florence-Muscle Shoals, AL 55.300 55.200 54.800 7.80 3.18 1.11 57.500 -4.70 Huntsville, AL 248.600 249.400 249.800 8.13 6.22 4.87 249.400 0.16 NORTH-CENTRAL ALABAMA: Anniston-Oxford-Jacksonville, AL 45.900 45.700 45.800 7.49 3.39 2.00 47.700 -3.98 Birmingham-Hoover, AL 531.100 535.000 538.200 6.86 5.98 5.53 548.700 -1.91 Gadsden, AL 33.900 34.000 33.900 9.35 4.94 3.35 37.000 -8.38 Tuscaloosa, AL 105.600 105.900 105.900 9.09 5.37 3.42 114.300 -7.35 SOUTH ALABAMA/FLORIDA PANHANDLE: Crestview-Fort Walton Beach-Destin, FL 117.100 117.400 117.700 7.04 3.35 3.34 119.700 -1.67 Daphne-Fairhope-Foley AL 80.000 80.800 81.800 11.58 8.75 7.63 81.400 0.49 Mobile, AL 179.300 180.000 180.200 5.22 3.87 3.15 187.200 -3.74 Panama City, FL 79.900 80.500 80.200 7.39 5.09 3.48 81.900 -2.08 Pensacola-Ferry Pass-Brent, FL 185.600 186.300 186.900 6.06 3.27 3.26 188.700 -0.95 SOUTH LOUISIANA: Baton Rouge, LA 385.800 384.100 387.100 6.57 3.95 3.56 409.200 -5.40 Houma-Thibodaux, LA 82.700 82.700 82.600 5.48 4.68 4.03 87.400 -5.49 Lafayette, LA 190.800 192.300 193.100 4.21 3.95 3.32 206.200 -6.35 New Orleans-Metairie, LA 523.400 526.300 530.000 7.41 4.09 3.50 592.600 -10.56 SOUTH MISSISSIPPI: Gulfport-Biloxi-Pascagoula, MS 152.900 153.900 154.900 13.34 6.36 4.59 158.500 -2.27 Hattiesburg, MS 64.600 64.800 65.600 7.67 4.68 4.96 65.300 0.46 Jackson, MS 266.000 268.400 270.900 6.87 3.91 2.89 279.300 -3.01 U.S. 144,940 145,902 146,955 8.98 5.85 5.29 152,523 -3.65 REGIONS TOTAL 41,261 41,488 41,707 7.37 5.16 4.76 43,275 -3.62 SOUTH REGION 3,680 3,696 3,714 7.14 4.71 3.93 3,877 -4.20 Manufacturing % from Economics Division Manufacturing Employment, ths % change year ago Employment, peak, May-21 Jun-21 Jul-21 May-21 Jun-21 Jul-21 Q1 2020 peak (ths) Jul-21 CENTRAL ALABAMA: Auburn-Opelika, AL 6.380 6.518 6.553 18.07 10.62 14.61 6.405 2.31 Dothan, AL 5.367 5.471 5.468 3.86 5.97 7.85 5.484 -0.30 Montgomery, AL 17.159 17.245 17.223 4.01 3.65 0.42 18.155 -5.13 NORTH ALABAMA: Decatur, AL 13.325 13.338 13.388 1.57 0.85 2.27 13.729 -2.48 Florence-Muscle Shoals, AL 8.185 8.106 8.120 13.58 1.41 -0.87 8.667 -6.32 Huntsville, AL 26.978 26.976 26.810 5.76 4.59 2.39 26.457 1.34 NORTH-CENTRAL ALABAMA: Anniston-Oxford-Jacksonville, AL 6.816 6.803 6.796 11.78 6.51 8.18 6.707 1.33 Birmingham-Hoover, AL 37.676 37.765 37.556 8.70 3.42 2.28 39.231 -4.27 Gadsden, AL 4.438 4.394 4.431 25.79 16.20 7.98 5.411 -18.10 Tuscaloosa, AL 18.063 18.211 18.680 22.65 7.31 9.60 17.825 4.80 SOUTH ALABAMA/FLORIDA PANHANDLE: Crestview-Fort Walton Beach-Destin, FL 3.501 3.530 3.556 3.13 1.32 2.15 3.407 4.39 Daphne-Fairhope-Foley AL N/A N/A N/A N/A N/A N/A N/A N/A Mobile, AL 18.251 18.103 18.153 1.22 -0.13 1.53 18.739 -3.13 Panama City, FL 3.199 3.203 3.125 3.90 0.55 3.25 3.238 -3.51 Pensacola-Ferry Pass-Brent, FL 6.977 7.038 7.033 1.97 0.32 3.12 7.320 -3.92 SOUTH LOUISIANA: Baton Rouge, LA 29.258 29.239 29.154 0.02 0.53 0.32 30.038 -2.94 Houma-Thibodaux, LA 6.749 6.772 6.545 -3.63 -0.34 -1.63 7.282 -10.12 Lafayette, LA 13.224 13.214 13.378 -9.39 -6.83 -2.88 16.632 -19.57 New Orleans-Metairie, LA 28.742 28.431 28.332 1.58 0.34 -0.72 30.165 -6.08 SOUTH MISSISSIPPI: Gulfport-Biloxi-Pascagoula, MS 17.860 17.727 17.903 7.89 0.09 0.75 17.763 0.79 Hattiesburg, MS 4.600 4.642 4.786 -1.02 -0.38 7.25 4.806 -0.41 Jackson, MS 19.905 19.989 20.299 33.61 11.82 8.60 20.251 0.24 U.S. 12,300 12,332 12,384 5.52 2.78 2.88 12,799 -3.24 REGIONS TOTAL 3,025 3,020 3,032 4.67 1.82 2.39 3,157 -3.98 SOUTH REGION 297 297 297 6.51 2.74 2.62 308 -3.39 Total Personal Income, Ex-Transfers Economics Division Unemployment Rate, % % change year ago May-21 Jun-21 Jul-21 Q2 2020 Q3 2020 Q4 2020 Q1 2021 CENTRAL ALABAMA: Auburn-Opelika, AL 2.8 2.7 2.5 -1.49 2.47 2.70 2.21 Dothan, AL 3.2 3.2 3.1 -1.82 2.42 3.28 3.73 Montgomery, AL 4.1 4.2 4.1 -3.51 -0.31 -0.68 0.51 NORTH ALABAMA: Decatur, AL 2.7 2.5 2.4 -3.71 2.72 2.77 2.31 Florence-Muscle Shoals, AL 3.5 3.3 3.4 -2.88 0.85 2.03 1.50 Huntsville, AL 2.8 2.5 2.5 0.68 4.21 4.56 4.16 NORTH-CENTRAL ALABAMA: Anniston-Oxford-Jacksonville, AL 4.0 4.0 4.0 -3.62 1.21 3.79 4.49 Birmingham-Hoover, AL 3.1 3.1 3.0 -4.52 3.00 3.53 4.40 Gadsden, AL 3.9 3.9 3.8 -5.57 -2.48 -0.76 -2.58 Tuscaloosa, AL 3.5 3.4 3.2 -4.79 -3.08 -2.39 -2.32 SOUTH ALABAMA/FLORIDA PANHANDLE: Crestview-Fort Walton Beach-Destin, FL 3.5 3.8 4.1 -0.84 7.03 6.94 5.99 Daphne-Fairhope-Foley AL 48.9 48.8 48.1 -1.94 1.15 1.22 0.80 Mobile, AL 4.6 4.7 4.5 -3.20 3.30 3.49 4.01 Panama City, FL 4.0 4.6 4.3 -5.11 4.62 1.68 1.66 Pensacola-Ferry Pass-Brent, FL 4.2 4.4 4.7 -5.61 3.36 0.37 0.97 SOUTH LOUISIANA: Baton Rouge, LA 6.4 6.3 6.1 -4.29 -3.44 -3.63 -1.84 Houma-Thibodaux, LA 5.9 6.0 5.6 -1.46 -0.07 -2.09 -0.38 Lafayette, LA 6.3 6.2 5.9 -6.97 -1.12 -3.45 -1.12 New Orleans-Metairie, LA 8.6 8.4 7.8 -3.89 1.13 0.18 2.51 SOUTH MISSISSIPPI: Gulfport-Biloxi-Pascagoula, MS 6.4 6.4 6.5 -2.89 3.34 3.96 4.54 Hattiesburg, MS 5.5 5.5 5.4 -3.79 2.52 3.32 3.39 Jackson, MS 5.6 5.6 5.6 -4.81 0.86 1.79 2.69 U.S. 5.8 5.9 5.4 -3.80 0.15 1.63 2.07 REGIONS TOTAL 5.5 5.5 5.4 -3.33 1.14 1.55 2.27 SOUTH REGION 7.1 7.1 6.9 -3.73 1.46 1.15 2.13 CoreLogic House Price Index CoreLogic 90+ Day Delinquency Rate Economics Division % change year ago % of loans Apr-21 May-21 Jun-21 Jul-21 Jun-18 Jun-19 Jun-20 Jun-21 CENTRAL ALABAMA: Auburn-Opelika, AL 8.65 9.81 11.07 11.24 1.94 1.53 3.13 2.61 Dothan, AL 9.93 8.69 11.42 11.90 2.74 1.99 3.46 3.27 Montgomery, AL 8.82 8.51 8.53 10.14 2.87 2.33 4.28 4.00 NORTH ALABAMA: Decatur, AL 16.19 16.95 17.43 18.13 2.09 1.74 2.79 2.67 Florence-Muscle Shoals, AL 19.34 20.73 23.02 20.03 1.98 1.56 2.68 2.98 Huntsville, AL 15.92 15.90 17.66 18.97 1.46 1.17 2.28 2.25 NORTH-CENTRAL ALABAMA: Anniston-Oxford-Jacksonville, AL 0.84 1.91 3.09 14.44 3.09 2.55 4.15 4.01 Birmingham-Hoover, AL 10.49 11.80 13.09 13.74 2.65 2.16 3.96 3.58 Gadsden, AL 11.79 12.97 14.28 14.44 2.69 2.16 4.33 4.23 Tuscaloosa, AL 7.93 8.75 10.16 10.70 2.78 2.51 4.50 4.22 SOUTH ALABAMA/FLORIDA PANHANDLE: Crestview-Fort Walton Beach-Destin, FL 20.41 20.80 24.07 27.36 1.99 1.44 3.35 2.56 Daphne-Fairhope-Foley AL 12.69 15.14 15.95 15.75 1.16 0.91 2.79 2.48 Mobile, AL 13.30 14.46 16.28 18.84 3.60 2.96 5.20 5.04 Panama City, FL 12.36 16.19 16.50 18.91 2.05 2.88 3.27 2.74 Pensacola-Ferry Pass-Brent, FL 14.59 16.21 19.49 21.25 2.45 1.81 3.54 3.35 SOUTH LOUISIANA: Baton Rouge, LA 5.41 6.15 7.39 8.44 3.05 2.55 4.96 4.90 Houma-Thibodaux, LA 3.52 5.84 5.91 4.89 3.30 2.38 5.00 5.25 Lafayette, LA 5.54 6.15 6.20 8.03 2.96 2.41 5.04 4.79 New Orleans-Metairie, LA 8.77 10.10 11.43 11.63 2.78 2.30 6.39 5.34 SOUTH MISSISSIPPI: Gulfport-Biloxi-Pascagoula, MS -1.48 0.44 0.95 2.11 2.90 2.31 4.95 4.64 Hattiesburg, MS 8.49 11.02 11.17 11.85 2.55 1.98 4.80 4.36 Jackson, MS 9.78 10.42 10.07 10.86 3.50 3.05 5.71 4.94 U.S.