Board of Governors of the Federal Reserve System

market conditions weakened in general, although they continued to vary...market. Cost pressures from rising material and energy prices increased

markets are very active in both residential and commercial categories....markets show continuing symptoms of tightness. Manufacturing output, while

markets, employment continued to grow moderately in most sectors while...market loans to customers with less attractive credit histories. Real

markets were very tight, though there were some reports of lower demand...market, suggested that this segment would likely be slower in 2001. Based

markets showed further improvement. In addition, housing and energy activity...markets were still generally weak. Wage and retail price increases remained

markets continued to improve. On the other hand, retail and auto sales...market. Commercial realtors also expect some improvement in office markets

market conditions earlier in the year, however, they noted that competition...and, as one banker said, "deposit pricing has become a bit more judicious

and, as a result, also had to raise wages for full-time employees. A manager...across-the-board need for workers--from entry-level administrative to

and down on a year-over-year basis. There is a general consensus among...market has softened. The mortgage market continues to be slow with only

market would increase the number of alternative sources of banking products...and, as such, may be enforced in proceedings under applicable law. This