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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Paul Kern3/14/2008 5:11:58 PM
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US Bank Business Loans Up $6.7 Bln In Latest Week

Last update: 3/14/2008 4:15:00 PM

WASHINGTON (Dow Jones)--U.S. banks' commercial and industrial loans rose $6.7 billion to about $1.462 trillion in the week ended March 5, the latest week for which data are available, the Federal Reserve said Friday.

That followed a $5.8 billion increase the previous week.

Jumbo certificates of deposit grew $26.9 billion to about $2.085 trillion in the latest weekly data, after shrinking $15.8 billion the previous week. Revolving home equity loans rose $1.9 billion to $497 billion after growing $2.2 billion the previous week.

More weekly Fed statistics on the banks' assets and liabilities will be available on the Internet at: www.federalreserve.gov/releases/h8/Current

-By Jeff Bater, Dow Jones Newswires; 202 862 9249; jeff.bater@dowjones.com

(END) Dow Jones Newswires
March 14, 2008 16:15 ET (20:15 GMT)
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