Lenders in several major cities across the country have experienced a stronger demand for loans compared to previous months.
Seven districts – New York, Philadelphia, Cleveland, Richmond, Atlanta, St. Louis and San Francisco – reported more demand for commercial and industrial loans as well as auto loans, according to the Federal Reserve District's Summary of Commentary on Current Economic Conditions, commonly referred to as the Beige Book.
Data was collected between Aug. 30 and Sept. 28.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
