Weekly C&I Loans Drop $6.8 Billion

U.S. banks' commercial and industrial loans fell $6.8 billion to about $1.409 trillion in the week ended Sept. 23, the latest week for which data is available, the Federal Reserve said Friday.

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That followed a $17.8 billion decrease the previous week.

Jumbo certificates of deposit grew $16.7 billion to about $1.879 trillion in the latest weekly data, after shrinking $10.4 billion the previous week. Revolving home equity loans rose $200 million to $603 billion after falling $1.3 billion the previous week.

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