Banks Finally See a Lending Boost

Weak corporate loan growth, one of the few worrisome statistics in the economy, has turned positive, potentially boosting growth and bank profits.

Commercial and industrial loans started slowing in late 2016 and stayed stubbornly low through the start of this year. This lending rose just 0.7% in 2017, according to Federal Reserve data. That compared with growth of 10.6% and 6.5% in 2015 and 2016, respectively.

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