Our Economic Rocket Requires More Industrial Lifeblood (Musical Tribute)

The following chart shows the 6-month moving average of the monthly commercial and industrial loan growth at all commercial banks.


Click to enlarge.



April 14, 2009
FRB: Speech--Bernanke, Four Questions about the Financial Crisis

Credit is the lifeblood of market economies...

Update:

I originally posted that this chart was showing the annual change. It is showing the monthly change. Sorry about that! The conclusions and the data remain the same though, as only the description of the chart changes.

Source Data:
St. Louis Fed: Custom Chart