Bank Lending

Bank lending continues to contract, as banks deny credit to all but the safest borrowers.

Commercial and Industrial Loans - still falling
Consumer Loans - - - - - - - - - still falling
Real Estate Loans - - - - - - - - still falling

At this stage in the business cycle, we expect to see real estate loans turn positive first.

Commercial and Industrial Loans will turn positive in the next 6 months, along with Consumer Loans.

Here is the data.

Click on each graph for a larger view.

First, Commercial and Industrial Loans



Commercial and Industrial Loans in percent.



Next, Real Estate Loans



Real Estate Loans - in percent



Consumer Loans



Consumer Loans - in percent