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Tweet from St. Louis Fed (@stlouisfed), from Larry Williams

A tweet from the St. Louis Fed (@stlouisfed)

St. Louis Fed (@stlouisfed) tweeted at 6:45 PM on Fri, Aug 07, 2015:

"Commercial and industrial loans declined by $10.4 billion in a week to
$1.89 trillion"

People have stopped borrowing…what does that mean or lead to?

Sometimes borrowing declines before recession.