USA: Credit conditions loosen, industrial orders rise

Is industrial growth now resuming in the United States? Incoming orders are rising significantly and at the same time banks are lowering credit hurdles, which is kick-starting the credit cycle. However, there is still a suspicion that this is very much a case of government demand and artificial growth (war economy?) with the huge debt orgy that the Biden administration is conducting. We will see how this plays out.

#USA #economy #orders #industry #news

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