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Episode 257: How was loan demand and business activity in 3Q 2024?
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This episode examines the Federal Reserve Bank of New York’s Business Leaders Survey for October 2024. We also examine an article from S&P Global (subscription required) titled “Q3 bank reports to show weak loan growth and modest deposit improvement.” Business activity remained steady in the Northeast section of the U.S. for the third quarter of 2024. Loan demand remained weak in the third quarter of 2024. A link to the FRBNY Business Leaders Survey is provided below.
Link: Business Leaders Survey
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