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22nd May 2023 07:04U.S., Daily Monitor

  • The emerging picture in the bank lending data is discouraging; the stock of C&I loans is falling.
  • Regional banks remain under great pressure, and their retreat will squeeze small firms, hard.
  • New home sales are outperforming mortgage demand, but excess inventory means falling prices.

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Keywords for: 23 May 2023 US Monitor

bank lending, home sales, loans, May, mortgage, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence