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[PEN-L:27209] Flow of Funds Review & Analysis: Q1 2002
Flow of Funds Review & Analysis: Q1 2002 (6/25/02)
Cascading mortgage debt, moderating foreign inflows and continued household
vulnerability to asset-price changes characterized first-quarter financial
market conditions. Meanwhile, despite the smallest increase in business
borrowing since the early 1990s, rising corporate debt ratios remain a
barrier to the investment, employment and wage growth needed to sustain
recovery. Get the details in Jane D'Arista's quarterly review of Federal
Reserve financial statistics.
http://www.fmcenter.org/pdf/flow0602.pdf
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