Banks Making Fewer Business Loans Because Of Recession Fears

Banks Making Fewer Business Loans Because Of Recession Fears

Bank Building getty Commercial banks have been trimming their business loans over the course of 2023. The drop off is small and consistent with the leveling off of total loans of all kinds this year. This change does not—yet—warrant pessimism about the overall economy. But the economic fears that drive the change—on the part of … Read more