Bankers bullish on 2017
For the first time since 2014, bankers are predicting growth in Wisconsin’s economy over the next six months, according to a release from the Wisconsin Bankers Association.
Responses to WBA’s annual Bank CEO Economic Conditions Survey predict steady loan demand across most categories. Fifty-seven percent of respondents believe the economy will grow in the first six months of 2017, while 43% believe it will stay the same. Also, 75% of respondents rate the economy as good, with 24% saying it is fair and 1% excellent.
Over 64% of the bankers responding to the survey say the current demand for commercial lending is excellent or good. Forty-nine percent say the same for business loans. Agricultural loan demand is also considered to be good, according to 57% of the respondents.