Pantheon Macroeconomics

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24th Mar 2023 16:37U.S., Weekly Monitor

Bank lending to businesses spiked in the week after SVB failed, but this is not a good sign…

Businesses are drawing down unused facilities in anticipation of tighter credit conditions ahead.

The outlook for business capex is deteriorating; don’t be deceived by the benign February orders data.

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Keywords for: 27 Mar 2023 US Monitor

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