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Description: Small businesses in metro New York are still having trouble borrowing, according to a new poll released today by the Federal Reserve Bank of New York.

Source: Businessweek.com

Date: Aug 15, 2012

Link: http://www.businessweek.com/articles/2012-08-14/small-biz-still-credit-crunched-new-york-fed-poll-says#r=nav-img

Questions for Discussions:

  • What does this report say about the state of small business borrowing?
  • Can you offer additional explanations for this situation?
  • Do you believe this situation applies across the country to small business in general?
  • What does this mean in economic terms?

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