Business Loans & Job Creation: Where’s The Connection?
Posted on September 20, 2011 at 10:50 AM EDT
Commercial lending continues to chug along, according to the latest data from the Federal Reserve. That’s an encouraging trend when other economic news warns of sluggish growth or worse. But in a sign of the times, more lending isn’t translating into more jobs. “Our loan growth this year has been robust,” says Mark Watkinson, the [...]