U.S. banks' commercial and industrial loans increased $400 million to about $1.242 trillion in the week ended Aug. 4, the latest week for which data are available, the Federal Reserve said Friday.

That followed a $9.3 billion increase the previous week.

Jumbo certificates of deposit fell $4.7 billion to about $1.775 trillion in the latest weekly data, after rising $9.7 billion the previous week.

Revolving home equity loans fell $700 million to $594.6 billion after falling $1.1 billion the previous week.

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