Commercial and industrial lending has been unusually weak, as the investment pattern of businesses has changed dramatically in recent years.
Digital Economy Creates a Seismic Shift in Business Borrowing
An increasing share of capital investment has shifted away from equipment to intellectual property, helping companies to borrow less
A worker operates a forklift at McRoskey Mattress Company in San Francisco, California on Aug. 9, 2016. Investment in new machinery has dropped from 8 percent of GDP in the 1970s to around 6 percent of GDP today, according to JPMorgan Chase. Justin Sullivan/Getty Images
Emel Akan
Reporter
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Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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