C&I Loan Lending Tightening To Recession Levels – Bank Credit Growth Negative For 12 Straight Weeks

Due to increased US federal spending and ongoing wars, bank lending is suffering. Commercial and industrial loan standards have tightened to recession-like levels. Bank credit growth has been negative for 12 consecutive weeks. The budget gap has doubled in the past year because of Biden’s spending. CDS is now at its highest since the Covid shock.