Wednesday, July 24, 2013

SBA Loans Are Good for the Economy

$302,740,000 in SBA 7(a) loans were approved for the week ending 7/19/2013.

This is an improvement over the last two weeks 

This up-tick in loan volume bodes well for the economy.

Remember, SBA 7(a) loan volume is a leading economic indicator as the correlation coefficient between SBA 7(a) loan volume and GDP is a statistically significant 0.86.

No comments:

Post a Comment