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Date Posted: Wednesday, April12, 02:22:pm
Author: a Bigger clique
Subject: Re: "Newburgh Illuminated May Move to Town of Newburgh Amid Hassles at City Hall"
In reply to: a Bigger clique 's message, "Re: "Newburgh Illuminated May Move to Town of Newburgh Amid Hassles at City Hall"" on Wednesday, April12, 12:16:pm

https://www.dallasfed.org/research/surveys/bcs/2023/bcs2302
March 2023
Loan demand falls and outlooks worsen
Loan demand declined for the fifth period in a row as bankers in the March survey reported worsening business activity. Loan volumes fell, driven largely by a sharp contraction in consumer loans. Loan nonperformance increased slightly overall, with the only notable rise over the past six weeks coming from consumer lending. Credit standards and terms continued to tighten sharply, and marked rises in loan pricing were also noted over the reporting period. Banking outlooks continued to deteriorate, with contacts expecting a contraction in loan demand and business activity and an increase in nonperforming loans over the next six months. Some contacts cited waning consumer confidence from recent financial instability as a concern.

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