The United States in July rise in total business loans is still well below pre-recession levels
YORK August 24 morning news, the U.S. equipment leasing and finance association (Equipment Leasing and Finance Association) Monday said a U.S. commercial borrowing activities used to measure the key indicators continued to rise in July, because the company raised in equipment and software investment, but also keep an eye on the performance of their debt problems even more good.
Equipment Leasing and Finance Association, said that commercial loans will remain well below the most recent recession, the level of the previous cycle, suggesting that CEO remains cautious on the economic trends. The association said the United States in July to borrow a total of 5.6 billion U.S. dollars of loans, leases and credit lines for capital equipment and computer software, hardware and other areas of investment activities.
the association pointed out that last year's 4.8 billion U.S. dollars, and in June of 5.5 billion U.S. dollars compared to July's total business loans is higher, but in July 2008 of 7.4 billion U.S. dollars compared to yet nearly 25% decline. (Jin-liang)
