Industry Indicators

• The bank prime loan rate, an indicator of financial institutions’ revenue from services, was 4.25% as of the week ending December 12, 2017, up from a rate of 3.5% the same week in 2016.
• Total US revenue for the finance and insurance sector rose 6.1% in the third quarter of 2017 compared to the previous year.

Posted by David Sinyard.

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