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Wednesday, February 01, 2012

Small Business Loan Demand

SBE Council chief economist Ray Keating was quoted in a CNN/Money article on the most recent survey of bank senior loan officers by the Federal Reserve.

The article noted: "The majority of banks did not see an increase in demand, because the uncertainty in the economy has made small businesses reluctant to take out loans, explained Raymond J. Keating, chief economist at the Small Business & Entrepreneurship Council."

1 comment:

Website Package said...

small businesses reluctant? banks not seeing increase in demand? What else is new?