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After rising 10% last year, lending to small companies fell in March, according to a new survey, raising new concerns about a stalling economic recove...
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After rising 10% last year lending to small companies -- in March according to a new survey.
Raising new concerns about a stalling economic recovery.
The latest report on pay -- small business lending index says the pace of lending went flat in the first quarter -- that says that means that despite record low interest rates.
-- -- are shying away from investing.
The -- that index was down 3% in March to a level of 98 point five after reaching a high of a 110.
At the end of 2011.
The march level is approximately where it was in 2005.
-- that says the report shows that small businesses are not ready to aggressively expand.
One economist says caution by businesses large and small should not be a surprise.
The faster pace of economic growth is going to have to wait until we get through some of the uncertainties with respect to.
Tax policy regulatory policy.
Something with respect to how we're gonna resolve.
Be close to resolving the European situation.
I'm I think -- just a lot of uncertainties right now an election year.
Sylvia says that as a result the economy will grow only about 2% or so this year with unemployment remaining stock at about 8%.
That's it for this edition of the small business report.
I'm Peter Barnes Fox Business now.
