Current Economic Indicators


Narrative: "The Economic Malaise Continues" by J. Fred Giertz

Year 1996 1997 1998 1999 2000 2001 1st Quarter 2002 2nd Quarter 2002 3rd Quarter 2002 4th Quarter 2002
Rates & Financial Indicators
Prime Rate 8.27 8.44 8.35 8.00 9.23 6.91 4.75 4.75
Bond Co. Umemployment 5.99 6.10 5.14 5.49 6.22 4.09 4.14 3.49    
15-Year Mortgage 7.32 7.13 6.59 7.06 7.72 6.50 6.52 6.11    
30-Year Mortgage 7.81 7.60 6.94 7.44 8.05 6.97 7.01 6.65    
Production & Business Activity
U.S. Unemployment rate 5.4 4.9 4.5 4.2 4.0 4.8 6.1 6.00    
Illinois Unemployment 5.3 4.7 4.5 4.3 4.4 5.4 6.4 6.60    
Bond Co. Unemployment 6.1 5.2 5.4 4.1 4.2 5.0 5.8 5.60    
Clinton Co. Unemployment 5.6 5.0 4.6 3.9 4.1 5.0 4.8 5.00    
Effingham Co. Unemployment 4.6 4.8 4.9 4.3 4.4 5.1 5.6 6.00    
Fayette Co. Unemployment 6.3 6.3 6.7 6.5 7.0 7.3 7.2 6.40
Marion Co. Unemployment 8.7 8.4 7.4 6.4 6.6 10.8 10.0 10.40
U.S. Retail Sales1 2402 2509 2634 2862 3082 3183 3216 3244    
Midwest Retail Sales2 580.3 608.1 640.0 696.2 748.7 774.5 777.2 785.2    
U.S. Housing Starts3 1477 1474 1617 1641 1569 1602 1644 1672    
Midwest Housing Starts 321.5 303.6 330.5 347.3 317.5 329.9 343.0 344.0
Prices & Financial Indicators
Stock Price Average4 6448 7908 9181 11497 10788 10109 10104 9431.77
Nasdaq5 1177 1470 1812 2787 3710 2004 1845 1464.75
High Value
Low Value


Notes
1. Billions of dollars, Seasonally Adjusted
2. Billions of dollars, Seaonally Adjusted
3. Housing Units started in thousands, NSA
4. Dow Jones Industrial Average, Monthly Close
5. Nasdaq composite monthly close

Prime rate & 3-year Treasury information is obtained from economagic website:(www.economagic.com).
The 15 & 30 year Mortgage rates information is obtained from the Freddie Mac website: (www.freddiemac.com).
The U.S. unemployment & all other unemployment information is obtained from the IDES website: (www.ides.state.il.us).
The U.S. retail & Midwest retail Sales information is obtained from the National Retail Federation website:(www.nrf.com).
The U.S. & Midwest housing starts information is obtained from the U.S. Census Bureau website:(www.census.gov).
The Stock Price average & Nasdaq information is obtained from the Economagic Website:(www.economagic.com).
* The retail sales,housing starts and stock prices have been annualized.

Contact Information
133 W. Jefferson
Effingham, Il. 62401
www.ntouchbank.com
Ph. 217-342-2141
Fax 217-342-7396
Toll Free: 1-888-226-5892
EZ Access 1-800-952-1529

While Effingham State Bank has endeavored to make sure that the information contained herein is accurate, it cannot guarantee the accuracy of such information. This information is provided "AS IS." Effingham State Bank MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE WITH RESPECT TO THE INFORMATION.