Commercial And Industrial Loan Growth Stalls Amid Manufacturing Recession

New Federal Reserve data shows commercial and industrial loan growth weakened in 2H19, an indication the industrial recession continues to plague the overall US economy. C&I loans rose 1.6% in Dec. to $2.4 trillion, with most of the growth seen in the first half of the year. As for 2H19, no “green shoots” have yet materialized in industrials…..Decelerating C&I loan growth in 2019 is a direct result of an industrial recession that has been deepening in the back half of the year.