Tag: industrial
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U.S. bank lending holds steady in latest week
[ad_1] The numbers: Commercial and industrial loans — a key economic driver — held roughly steady in the week ending July 5, the Federal Reserve said Friday. Loans rose $200 million to $2.754 trillion, the central bank said. Bank lending has been slowly decelerating, falling for three straight months. C&I loans hit a peak of…
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U.S. bank lending falls in latest week, Fed says
[ad_1] The numbers: Commercial and industrial loans — a key driver economic driver — fell by $7.9 billion to $2.75 trillion in the week ended June 28, the Federal Reserve said Friday. C&I loans hit a peak of $2.82 trillion in mid-March, right before the collapse of Silicon Valley Bank. Key details: Total bank deposits…
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U.S. industrial output falls 0.2% in May after two straight gains
[ad_1] The numbers: U.S. industrial production fell 0.2% in May after two straight months of gains, the Federal Reserve reported Thursday. The decline was below expectations of a flat reading, according to a survey of economists by The Wall Street Journal. Capacity utilization slipped to 79.6 in May from 79.8 in the prior month. The……
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U.S. industrial output up 0.5% in April after two flat months
[ad_1] The numbers: U.S. industrial production rose 0.5% in April after two flat months, the Federal Reserve reported Tuesday. The gain in April was above expectations of a 0.1% gain, according to a survey by The Wall Street Journal, but enthusiasm was tempered by downward revisions to both February and March. Capacity utilization rose to…
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U.S. bank deposits decline for second straight week
[ad_1] The numbers: Deposits at commercial U.S. banks declined in the week ended May 3, according to the Federal Reserve on Friday. Deposits fell to $17.15 trillion from $17.16 trillion in the prior week, the Fed said. There has been a steady erosion in deposits as interest rates have risen. A main reason is that…
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U.S. bank deposits edge down in latest week while lending rises
[ad_1] The numbers: Deposits at commercial U.S. banks declined in the week ending April 26, according to a report from the Federal Reserve on Friday. Deposits fell to $17.17 trillion from $17.18 trillion in the prior week, the Fed said. At the same time, lending at commercial banks rose to $12.14 trillion from $12.1 trillion…
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Banks increased lending for second straight week, Fed data show
[ad_1] The numbers: Total bank lending rose to $12.09 trillion in the seven days ended April 12 from $12.08 trillion in the prior week, the Federal Reserve reported Friday. This is the second straight weekly increase. Deposits at banks fell to $17.18 trillion from $17.26 trillion in the prior week. They are down from $17.43…