The FDIC Outlook is published quarterly by the Division of Insurance and Research of the Federal Deposit Insurance Corporation as an information source on banking and economic issues for insured financial institutions and financial institution regulators. It is produced for the following six geographic regions: Atlanta Region (AL, FL, GA, NC, SC, VA, WV)     Jack M. Phelps, Regional Manager, 678-916-2295 Chicago Region (IL, IN, KY, MI, OH, WI)     David Van Vickle, Regional Manager, 312-382-7551 Dallas Region (AR, CO, LA, MS, NM, OK, TN, TX)     Midsouth: Gary Beasley, Regional Manager, 901-821-5234     Southwest: Alan Bush, Regional Manager, 972-761-2072 Kansas City Region (IA, KS, MN, MO, ND, NE, SD)     John Anderlik, Regional Manager, 816-234-8198 New York Region (CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, PR, RI, VI, VT)     Mid-Atlantic: Kathy Kalser, Regional Manager, 917-320-2650     New England: Paul Driscoll, Regional Manager, 781-794-5502 San Francisco Region (AK, AS, AZ, CA, FM, GU, HI, ID, MT, NV, OR, UT, WA, WY)     Catherine Phillips-Olsen, Regional Manager, 415-808-8158 The FDIC Outlook provides an overview of economic and banking risks and discusses how these risks relate to insured institutions nationally and in each FDIC region. Single copy subscriptions of the FDIC Outlook can be obtained by sending the subscription form found on the back cover to the FDIC Public Information Center. Contact the Public Information Center for current pricing on bulk orders. The FDIC Outlook is available on-line by visiting the FDIC's website at www.fdic.gov. For more information or to provide comments or suggestions about FDIC Outlook, please call Rae-Ann Miller at 202-898-8523 or send an e-mail to rmiller@fdic.gov. The views expressed in the FDIC Outlook are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance Corporation. Some of the information used in the preparation of this publication was obtained from publicly available sources that are considered reliable. However, the use of this information does not constitute an endorsement of its accuracy by the Federal Deposit Insurance Corporation. Chairman    Donald E. Powell Director, Division of Insurance and Research    Arthur J. Murton Executive Editor    Maureen E. Sweeney Acting Managing Editor    Mary Ledwin Bean Editors    Rae-Ann Miller Richard A. Brown Ronald L. Spieker Norman Williams Publications Managers    Elena L. Johnson Geri Bonebrake