Sunday, July 12, 2009

Loans Track Decline in Commercial Spending

First-quarter loan numbers for Kansas reflect what Wichita bankers said they are seeing here — declining demand for commercial real estate and commercial and industrial loans.

According to a report prepared for The Eagle by the Federal Reserve Bank of Kansas City, the dollar amount of Kansas commercial real estate loans fell 8.1 percent in the first quarter compared to the same quarter a year ago.

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Source: kansas.com, by Jerry Siebenmark, The Wichita Eagle, Sunday, July 12, 2009