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- W2885005462 abstract "The U.S. economy has shown many signs that it is on the mend from the most severe economic contraction since the Great Depression. However, the economy is still facing headwinds on its way to recovery. One significant headwind that is preventing a more robust economic recovery is the challenging lending environment. The financial crisis and the accompanying recession from 2007–2009 resulted in a significant decline in loans and leases in credit, much more than occurred during the previous two recessions. Moreover, it has taken longer for lending activity to recover in this business cycle relative to the 1990–1991 and 2001 cycles. Given the depth of the declines in loans and leases on banks’ balance sheets and how long it has taken lending markets to recover, it is likely that the economic recovery will remain subdued until credit market conditions improve." @default.
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- W2885005462 date "2011-02-01" @default.
- W2885005462 modified "2023-09-23" @default.
- W2885005462 title "Loans and Leases in Bank Credit" @default.
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