Seattle Economic Indiacators - November 2006


Jobs & Labor - Bureau of Labor and Statistics (October 2006) Current Trend
Seattle/Bellevue/Everett MD Rate (Non-Seasonally Adjusted) 3.9% Falling
Washington Unemployment Rate (Seasonally Adjusted) 4.8% Falling
Job Creation last 12 Months- Seattle/Bellevue/Everett MD 44,300 +3.4%
Job Creation last 12 Months- Washington 101,200 +3.6%

Economic Indexes - (October 2006) Current Trend
National Activity Index - 0.31 Negative
National Activity Index - 3-month average -0.19 Negative
Puget Sound Index of Leading Economic Indicators (2nd Quarter) 1.13 -1.2%
US Industrial Production-Manufacturing
Current/Pct. Change from October 2006 115.5 -0.2%
3 Months Ago/Pct. Change from July 2006 115.5 +0.4%
1 Year Ago/Pct. Change from October 2005 110.4 +4.1%

Inflation - Bureau of Labor Statistics (October 2006) Current Trend
CPI/Annual Change (Urban)-Seattle All Items 209.8 +3.2%
CPI/Annual Change (Urban)- West All Items 207.1 +2.2%
CPI/Annual Change (Urban)-United States All Items 201.8 +1.3%
PPI/Annual Change (Finished Goods)-United States 158.4 -1.6%

Housing Data - National Association of Realtors/ MLS (October 2006) Current Trend
King County Median Sales Price/Change from prior year (excludes condos) $432,600 +16.3%
Snohomish County Median Home Sale Price/Change from prior year $357,300 +17.3%
Pierce County Median Home Sale Price/Change from prior year $279,500 +14.9%
Building Permits - King County/Change from prior year 5,162 +62.0%
King County Housing Affordability Index (3rd Quarter 2006) 69.2 Negative

Interest Rates and T-Bill Rates Current Trend
Federal Reserve Bank Prime Loan Rate 8.25% Flat
30-year Fixed Rate 6.18% Falling
1-year ARMs 5.53% Falling
10 Year Treasury Bill (Trend is change from this time last month) 4.57% Falling

Other Data Current Trend
U.S. Gross Domestic Product -2nd Quarter 2006 +2.2% Rising
Dow Jones Industrial Average (YTD change) 12,307 +14.3%
Consumer Confidence Index (Change from September 2006) -0.47% Falling