Jeff For Banks

JUNE 2, 2023

percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? We thought our customers would stay with our bank, no matter what.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

APRIL 27, 2019

The economy is slowing, as seen in the auto, housing, manufacturing, and retail sectors. The impact of the tax cuts has faded. However, don’t count on the usual spending boost from personal tax refunds as they are down by over $6 billion from this time last year. Who said anything about rate cuts?

Marketing 60

Marketing Community Taxes Community Bank 60

Jeff For Banks

JULY 8, 2017

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

Marketing 60

Marketing Community Bank Security Data 60

Jeff For Banks

APRIL 22, 2018

Tax cuts are adding stimulus and leading to improved business and consumer optimism, but there are some offsetting factors in the form of Fed tightening, low productivity, and large levels of debt, especially at the federal government as they fund what could be a $1 trillion plus deficit this fiscal year. Gas prices remain below $3.00

Marketing 60

Marketing Philadelphia social media Taxes 60