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Phoenix Lending Survey Results shows Lenders’ Optimism of Economy Falls

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This less optimistic view is further reflected in a drop in the lenders’ sentiment towards U.S. commercial lending, which fell from last quarter’s strong reading of forty-five percent to twenty-one percent. The drop in lenders’ sentiment may indicate that banks believe the current economic environment in the U.S. will not improve or that banks are beginning to be wary of the domestic effects of the increasingly negative international economic environment. This quarter’s diffusion index, which measures lenders’ sentiment, displayed sharp incr... Lees Meer »

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