U.S. banks' commercial and industrial loans fell by $2 billion, to about $1.223 trillion, in the week that ended Nov. 3, the latest week for which figures were available, the Federal Reserve said Friday.

That followed a $3.7 billion increase the previous week.

Jumbo certificates of deposit rose $4.1 billion, to about $1.787 trillion, in the latest weekly data, after falling $11.6 billion the previous week. Revolving home equity loans fell $600 million, to $585.4 billion, after falling $800 million the previous week.

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