U.S. banks' commercial and industrial loans dropped $4.2 billion, to about $1.333 trillion in the week that ended Jan. 6, the latest week for which data is available, the Federal Reserve said Friday.

That followed a $1.1 billion decrease the previous week.

Jumbo certificates of deposit fell $19.7 billion, to about $1.889 trillion in the latest weekly data, after growing $20 billion the previous week. Revolving home equity loans rose $4.3 billion, to $604.5 billion, after falling $7 million the previous week.

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