Commercial and industrial (C&I) loans made by large banks have been declining steadily since the beginning of 2001:IIQ because of the slowing economy. During the week of September 11, C&I loans made by all banks increased 1.6%, but they dipped below their earlier levels in the following weeks. The current level, $849 billion, is the lowest weekly level since May 2000.
Suggested citation: "Commercial Banks," Federal Reserve Bank of Cleveland, Economic Trends, no. 01-11, pp. 17, 11.01.2001.