feared
The credit crunch has seen a surge in business lending in the
US, according to a research report by Goldman Sachs.
Go deeper with GlobalData
Meanwhile banks will be more reluctant to make new business
loans as credit conditions tighten, which will damage capital
spending and hence the economy in coming months, Goldman Sach’s
chief economist, Jan Hatzius said.
Due to a range of factors associated with the stemming of
liabilities from the capital markets to the bank system, growth
rates in C&I loans have been the fastest in 20 years. But, this
transfer may only be temporary if the credit conditions improve in
the wake of the Federal Reserve’s massive liquidity infusion.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
