Bank credit highest since before Lehman as US growth continues

posted by
December 11, 2011
Business Week    
Posted in News

"U.S. bank credit is growing at the fastest pace in three years, giving the Federal Reserve confidence in the economic expansion’s staying power. Financial institutions increased commercial and industrial loans by an average annual pace of almost 10 percent in the third quarter, the highest since the comparable quarter in 2008, compared with a 1.7 percent decline in the past four years, according to Fed data." (12/11/11)  

Our Sponsors