What can banks tell us about the US economy?

The Aggregate US Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) index is based on survey data of senior loan officers from roughly 100 banks in the US. The index data depicted is loan weighted and represents the data points surveyed. The survey measures the tightness of lending standards and strength in loan demand for several categories, including loans for commercial and industrial companies, real estate, and consumers.

Gross domestic product (GDP) is a measure of all goods and services produced by a nation in a year. It is a measure of economic activity.

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