Tag Archives: Economy

Tomorrow's Jobs Report Will be Weak: Bank Loans to Businesses Still Falling.

The latest business loans numbers show that bank loans to businesses are still falling. As I have written in recent posts here and here, large banks have systematically shut down their lending to small businesses over the past 2 months, … Continue reading

Posted in All, Economic Indicators, Government Policy, U.S. Economy | Tagged , , , , , , , , | Comments Off on Tomorrow's Jobs Report Will be Weak: Bank Loans to Businesses Still Falling.

April Personal Income +0.5%, Disposable Income +1.1%

The Dept.of Commerce released the April Personal Income and Outlays report today. Could have been worse. Personal income was $12,091 billion, an increase of $58.2 billion, or +0.5% over March. Disposable personal income (DPI) increased $121.8 billion, or +1.1% inĀ April. … Continue reading

Posted in All, Economic Indicators, Government Policy, U.S. Economy | Tagged , , , , , , | Comments Off on April Personal Income +0.5%, Disposable Income +1.1%