A scatter graph showing the median construction and development (C&D) loan-to-asset ratios as of third-quarter 2001 and the percentage point change in those ratios between third-quarter 2001 and fourth-quarter 2000 for the 25 MSAs with the largest median concentrations (of C&D loans to assets) in third-quarter 2001. MSAs with declining employment but rising permitting during 2001 are also highlighted and include Atlanta, Portland, Phoenix, and Greensboro. All four saw rising median loan-to-asset ratios through third-quarter 2001. Atlanta's median loan-to-assets ratio in third-quarter 2001 was 17 percent; Portland's was 14 percent, and Greensboro's was 8 percent. Other MSAs noted for either their high concentration levels or recent growth in concentration levels are Provo-Orem, with a 3 percentage point change in median loan-to-asset ratios and a 20 percent median loan-to-assets ratio in third-quarter 2001, Salt Lake City, with an 8.3 percentage point change in median loan-to-asset ratios and a 27 percent median loan-to-assets ratio in third-quarter 2001, and Stockton (CA), with a 7.6 percentage point gain in median loan-to-asset ratios and a 12 percent median loan-to-assets ratio in third-quarter 2001.