Business inventories in April came in at $2.66 trillion, virtually unchanged from the month prior and up 2.2% from a year ago, the Commerce Department said. Trade sales and manufacturers’ shipments were $1.91 trillion, down 0.1% from the month prior and up 3.8% from a year ago.
Study: FHLBank advances boost community lending
Federal Home Loan Bank advances are “strongly associated” with higher lending across banks and credit unions, particularly following the 2008 financial crisis, according to new research by the Urban Institute.










