What Recession? What Credit Crunch?
Submitted by CARPE DIEM
The chart above (click to enlarge) shows the annual percentage growth rate of the series “Commercial and Industrial Loans at All Commercial Banks,” from the Fed, data available here at the St. Louis Fed. For the last 5 months through April 2008, the growth in business loans has been above 20%, the strongest period of growth in commercial loans since 1973.
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