Banks lending again?

By Administrator at July 01, 2010 03:17
Filed Under: Business News, Economy

An interesting LA times article today shows that small business lending has been trending upwards.  It is a bright spot on a negative news day about the economy.  Housing numbers for sales of existing homes plunged 30% after the expiration of federal tax credits.  Small business is seen as the key factor in driving up employment numbers as the economy is looking to the private sector for jobs.  The job market might take a hit after thousands of temporary census jobs being terminated.

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