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Construction Loans on the Rise Says FDIC

04:57 19 September in Blog
130

According to recently released figures by the FDIC, outstanding construction loans for both residential and commercial projects increased to $223.2 billion in the second quarter. That is a 4% increase over the first quarter. According to economists, the increase is due to the fact that lenders...

Recovery is Slow for Small Business Lending

17:46 21 August in Blog
150

While the economy slogs along at a snail’s pace and businesses of all sizes continue to persevere, banks remain steadfast in reigning back loans for small businesses.  Even though loans to small businesses were up 1% from last September, they are still 18% less than...

5 Items to Look Out for When the GDP is Announced

20:28 31 July in Blog
120

The Bureau of Economic Analysis released an advanced estimate of the United States GDP for the second quarter earlier today. After what many would have designated as a weak first quarter, the US economy gained some momentum in the second quarter and came in stronger...

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