The real economy continues to stagnate. This is reflected by anemic loan growth of the influence business & commercial and real estate loan sectors. These two sectors represent over 50% of total bank credit within the US. Yet, despite this the lackluster participation within critical sectors, consumer and credit card loan growth has surged. Is this a reflection of desperation or foolishness? That will be answered in time.
Total Bank Credit Table:

Source:
federalreserve.gov
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