Pursuits
Low Oil Price to Offset a Decline in Fed’s Loan Survey: EcoPulse
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Investors who are bullish about U.S. consumption are watching for a rebound in the share of banks willing to lend -- a trend that traditionally buoys retail-sales growth.
The net percentage of financial institutions reporting increased willingness to make installment loans to consumers, including through credit cards, was 8.7 percent in the most-recent survey of senior loan officers released Nov. 3 by the Federal Reserve. That’s down from 15.7 percent in the previous survey and the lowest since October 2009.