Federal Reserve: Agricultural Conditions Improving Across Southern U.S.
According to the Dallas branch of the Federal Reserve Bank, ag lenders noted good crop yields and rising prices, while also expressing caution about continued dry conditions.
According to the Dallas branch of the Federal Reserve Bank, ag lenders noted good crop yields and rising prices, while also expressing caution about continued dry conditions.
A historically low number of new loans contributed to an increase in average loan size and drove a slight decrease in the overall volume of non-real estate loans at commercial banks in the fourth quarter.
It appears that almost every sector of the American economy took a financial hit during the near-nationwide shutdown due to COVID-19.