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Construction/Real Estate

Residential building permits Mankato Commercial building permits Mankato - 2020 - 2021 (in millions) - 2020 - 2021 (in millions) $2,444 000000 $4,245,533 25000000 7000000 $2,915,536 6000000 20000000 5000000 $12,354,364 2021 15000000 4000000 2020 3000000 10000000 2000000 1000000 5000000 0 0 LocalJ EconomicF M A M J J IndicatorsA S O N D J F M A M J J A S O N D

Construction/RealSource: CityConstruction/Real of Mankato Estate Estate Source: City of Mankato Existing home sales: Mankato region Information based on Median home sale price: Mankato region Residential building permits Mankato Commercial building permits Mankato Multiple Listing Service and - 2020 - 2021 (in millions) - 2020 -- 20212021 (in(in thousands) millions) may not reflect all sales - 2020 - 2021 (in thousands) - 2020 - 2021 (in millions) - 2020 - 2021 (in millions) $206,000 $2,444 153 300 000000 300 $219,750 $4,245,533 25000000 177 2021 7000000 240 240 $2,915,536 6000000 20000000 2020 5000000 $12,354,364 10 2021 1500000010 4000000 120 2020 3000000 10000000120 2000000 5000000 60 1000000 500000060 0 0 J F M A M J J A S O N D 0 0 J F M A M J J A S O N D J JF FM MA AM M J J J J A A SS OO NN DD

Source: City of Mankato Source: CityRealtors of Mankato Association of Southern Minnesota Source: Realtor Association of Southern Minnesota

Includes single family Information based on Interest Rates: 30-year fixed-rate mortgage Existing home sales: Mankato region Median home sale price: Mankato region Housing starts: Mankato/North Mankato homes attached and Multiple Listing Service and — 2020 — 2021 - 2020 - 2021 (in thousands) may not reflect all sales - 2020 - 2021 (in thousands) - 2020 - 2021 detached, and town - 2020 - 2021 (in thousands) may not reflect all sales homes and condos 153 5.5 $206,000 153 300 300 $219,750 40 177 4.9 2021 240 240 32 2020 4.3 2020 10 10 3.3% 24 3.7 7 120 8 120 16 3.1 60 60 3.0% 2.5 0 J F M A M J J A S O N D 0 J F M A M J J A S O N D 0 J F M A M J J A S O N D J F M A M J J A S O N D Source: Freddie Mac Source: Cities of Mankato/North Mankato Source: Realtors Association of Southern Minnesota Source: Realtor Association of Southern Minnesota

Includes single family Interest Rates: 30-year fixed-rate mortgage Housing starts: Mankato/North Mankato homes attached and — 2020 — 2021 homes attached and — 2020 — 2021 - 2020 - 2021 detached, and town homes and condos 5.5 40 4.9 32 4.3 3.3% 24 3.7 7 3.7 8 16 3.1 3.0% 2.5 J F M A M J J A S O N D 0 J F M A M J J A S O N D Source: Freddie Mac Source: Cities of Mankato/North Mankato

GasGas PricesPrices 5 Gas prices-Mankato — 2020 — 2021 54 3 4 $2.70 32

21 0 1.99 1 J F M A M J J A S O N D 0 J F M A M J J A S O N D

GasEmployment/ prices-Minnesota /Unemployment — 2020 — 2021 5 Initial unemployment claims Local non- jobs - 2020 - 2021 4 5Nine-county Mankato region Nine-county Mankato region Major April2.67 Percent change 43 122,883 2020 2021 ‘20-’21 139000 3500 123,110 32 Construction 659 139 -78.9% 2800 1 126000 2Manufacturing 2,225 $2.01269 -87.9% 2100 0Retail 1,513 130 -91.4% 1 J F M A M J J A S O N D 1400 Services 5,119 503 -90.2% 113000 0Source: GasBuddy.com C. Sankey 700 Total*J F M A 9,516M J 1,041J A S -89.0%O N D Services consist of administration, educational, care and social 100000 0 assistance, and other miscellaneous services. J F M A M J J A S O N D J F M A M J J A S O N D Employment/Unemployment*Categories don’t equal total because some categories not listed. Minnesota initial unemployment claims Initial unemployment claims Minnesota Local non-farm jobs - 2020 - 2021 Local non-farm jobs - 2020 - 2021 (in thousands) Nine-county Mankato region Major April Percent change 12000 300000 Nine-county Mankato region 2,790 Industry139000 2020 2021 ‘20-’21 3500 Major April Percent change 139000 3500 10000 2,890 240000 122,883 28008000 Industry 2020 2021 ‘20-’21 139000Construction 16,610 4,398 -73.5% 35002800 180000 126000 123,110 126000Manufacturing 34,348 4,336 -87.4% 21006000 2100 120000 Construction 659 139 -78.9% Retail 40,777 3,923 -90.4% 2800 4000 1400 126000113000 1400 60000 Manufacturing 2,225 269 -87.9% 113000Services 138,738 14,026 -89.9% 2100 2000 700 Total* 230,473 26,683 -88.4% 700 0 0 Retail 1,513 130 -91.4% Services consist of administration, educational, health care and social J F M A M J J A S O N D J F M A M J J A S O N D 100000 1400 0 Services 5,119 503 -90.2% 100000113000assistance, food andJ otherF miscellaneousM A Mservices.J J A S O N D 0 J F M A M J J A S O N D *CategoriesJ don’tF equalM totalA becauseM Jsome JcategoriesA notS listed.O N D J F M A M J J A S O N D Total* 9,516 1,041 -89.0% 700 Services consist of administration, educational, health care and social 100000 0 assistance, food and other miscellaneous services. J /F M A M J J A S O N D J F M A M J J A S O N D *Categories don’t equal total because some categories not listed. Agriculture/ 12000 300000 139000 120003500 300000 10000 240000 Minnesota initial unemployment claims 10000 Minnesota2800 Agriculture/Agribusiness8000 AgribusinessLocal non-farm jobs - 2020 - 2021 240000 126000 8000 180000 (in2100 thousands)6000 180000 Major April Percent change 6000Corn12000 prices — southern Minnesota (dollars per bushel) 300000 120000 Corn1400 prices4000 — southern2,790 Minnesota (dollars per bushel) 120000 113000 4000— 2020 — 2021 139000Industry139000 2020 2021 ‘20-’21 3500 100003500— 20202000 — 2021 60000 700 2,890 24000600000 20008 0 20 0 280080008 J F M A M J J A S O N D 20 J F M A M J J A S O N D Construction100000 16,610 4,398 -73.5% 2800 00 180000 0 126000 J F M A M J J A S O N D JJ FF MM AA MM J J A SS OO NN DD 16 J F M A M J J A S O N D 126000Manufacturing 34,348 4,336 -87.4% 210060006 16 2100 6 $6.84 120000 Retail 40,777 3,923 -90.4% 4000 $6.84 12 1400 12 113000 1400 4 60000 113000Services 138,738 14,026 -89.9% 20004 700 8 Total*12000 230,473 26,683 -88.4% 7003000000 0 8 Services consist of administration, educational, health care and social 2 J F M A M J J A S O N D J F M A M J J A S O N D 10000100000 240002 00 $2.87 4 100000assistance, food andJ otherF miscellaneousM A Mservices.J J A S O N D 0 J F M A M $2.87J J A S O N D 4 8000J F M A M J J A S O N D J F M A M J J A S O N D *Categories don’t equal total because some categories not listed. 180000 0 0 6000 0 J F M A M J J A S O N D 0 J F M A M J J A S O N D 120000J F M A M J J A S O N D J F M A M J J A S O N D 4000 Source: USDA Source: USDA 2000 60000 0 Soybean0 prices — southern Minnesota (dollars per bushel) 12000 J F M A M J J A S O N D 30000Soybean— 02020J prices —F 2021 —M southernA M MinnesotaJ J A (dollarsS O per Nbushel)D 139000 120003500 300000 — 2020 — 2021 8 20 8 10000 2400020 0 20 10000 8 125208 25 2800 8000 240000 125 $15.39 25 16 16 126000 8000 6 180006 0 $15.39 16 2100 6000 180000 105166 22 6 105 1222 6000 1200012 0 4000 12854 1219 14004 120000 4 113000 4000 4 85 819 2000 600008 8 700 60000 6528 16 2000 2 0 652 0 $7.99 416 2 J F M A M J J A S O N D 4 J F M A M $7.99J J A S O N D 4 100000 00 0 454 13 J F M A M J J A S O N D JJ FF MM AA MM J J A SS OO NN DD 450J F M A M J J A S O N D 013 0 0 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 0 JJ FF MM AA MM JJ JJ AA SS OO NN DD 0 J F M A M J J A S O N D 0 J F M A M J J A S O N D 250 JJ FF MM AA MM JJ JJ AA SS OO NN DD 10 J F M A M J J A S O N D Source:25 USDAJ F M A M J J A S O N D 10 J F M A M J J A S O N D Source: USDA Iowa-Minnesota hog prices 185 pound carcass, Iowa-Minnesota hog prices negotiated185 pound carcass,price, — 2020 — 2021 negotiated price, 12000 3000008 20 — 2020 — 2021 weighted average 8 20 weighted average 10000 125 25 240001250 1251625 25 1256 1625 8000 6 105 22 180001050 10522 $114.80 22 105 1222 $114.80 6000 4 1285 19 120008504 1985 19 4000 85 198 $51.71 658 $51.71 16 600002 2000 652 16654 16 65 164 0 0 45 13 J F M A M J J A S O N D 450 J F M A M J J A S O N D 13450 13 450 J F M A M J J A S O N D 130 J F M A M J J A S O N D J F M A M J J A S O N D 25 JJ FF MM AA MM JJ JJ AA SS OO NN DD 10 J F M A M J J A S O N D 25 1025 J F M A M J J A S O N D 10 J F M A M J J A S O N D 25 J F M A M J J A S O N D Source:10 JUSDA F M A M J J A S O N D J F M A M J J A S O N D Source: JUSDA F M A M J J A S O N D prices Minimum prices, class 1 milk Milk prices DollarsMinimum per prices, hundredweight class 1 milk — 2020 — 2021 Dollars per hundredweight — 2020 — 2021 125 25 125 25 105 22 105 22 $16.21 85 19 $16.21 85 19 65 16 65 16 45 13 45 13 $13.87 $13.87 25 J F M A M J J A S O N D 10 J F M A M J J A S O N D 25 J F M A M J J A S O N D 10 J F M A M J J A S O N D Source: USDA. Based on federal milk orders. Source: USDA. Based on federal milk orders. Corn and soybean prices are for rail delivery points in Southern Minnesota. MilkCorn prices and soybean are for pricesUpper areMidwest for rail points. delivery points in Southern Minnesota. C. Sankey Milk prices are for Upper Midwest points. C. Sankey