Bank lending to consumers and businesses is slowing down.
As of last week, commercial and industrial lending had not increased since September 7, the first six-month period of declines since the aftermath of the financial crisis, Bank of America Merrill Lynch said.
Consumer-loan growth has also slowed, up by 1.4 percent since the November election versus 3.1 percent during the same period a year earlier.
Depending on who is asked, this slowdown is either an expected response to some preceding indicators or another reason to be worried about the economy.
