March 22, 2019

Commercial and industrial loans, which are more commonly called “business loans”  rose 8.0% in February after having risen 5.3% in January (the light green bars on the left scale).   The year-over-year growth rate has now quickened  to a 10.3% pace  (green line on the right scale).  That is the fastest four-quarter growth rate for C&I loans since the latter part of 2015.

Led by the faster rate of growth for business loans and a pickup in consumer lending, total loan growth has picked up to a  5.5% pace in the past year.  That is respectable growth without being excessive.

Stephen Slifer


Charleston, SC