Category Archives: Economic Indicators

Bank Loans to Businesses Still Falling Means Weak Jobs Report Next Week.

The new U.S. Financial Data report out today from the St. Louis Fed shows that bank loans to business are still falling. This fits what we hear from entrepreneurs, that large banks have been systematically reducing availability of working capital … Continue reading

Posted in All, Economic Indicators, U.S. Economy | Tagged , , , , , , | 2 Comments

Household Balance Sheet Q4/2008-Net Worth Down $11.2 trillion From Year Earlier

As you know from my recent posts, I spend a lot more time thinking about balance sheets and a lot less thinking about GDP, than most economists. In this post I want to look at the balance sheet of the … Continue reading

Posted in All, Economic Indicators, U.S. Economy | Tagged , , , , , , | Comments Off on Household Balance Sheet Q4/2008-Net Worth Down $11.2 trillion From Year Earlier