In Brief: Survey: Lenders Give Economy a B-Plus

Lenders turned in their most favorable report card on the economy in several years, grading it nearly B-plus, according to the latest quarterly lending survey by Phoenix Management Services.

The survey of 78 lenders nationwide indicates increasing confidence in the technology sector, with particular interest in lending to software developers and to communications technology and hardware companies.

The new grade is an improvement on January's, when lenders graded the economy B-minus.

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