Tag Archives: banks

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

Posted on May 30, 2009 by John Rutledge

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

Weekly Unemployment Claims +631K. Still No Bank Loans for Small Companies.

Posted on May 21, 2009 by John Rutledge

About like it has been (4 week average is 628K, originally reported as 631K). Economy is starting to firm up a bit but the job numbers are being held down by the recent further tightening in bank credit lines for … Continue reading →

Posted in All, Economic Indicators, U.S. Economy | Tagged , , | 1 Comment