Banks' commercial and industrial loans decreased $7.1 billion, to about $1.257 trillion, in the week ended May 5, the latest week for which data is available, the Federal Reserve said Friday.
This came after a $6 billion decrease the previous week.
Jumbo certificates of deposit fell $25.6 billion, to about $1.773 trillion, in the latest weekly data, after falling $13 billion the previous week. Revolving home equity loans dropped $1.3 billion, to $600.2 billion, after falling $1.1 billion the previous week.
