Reuters reported that that Thomson Reuters/PayNet Small Business Lending Index rose to 129.7 in December, up from the 129.1 mark recorded in November.
Reuters noted that although the index achieved a month-over-month increase, the reading marked the sixth year-over-year decrease in the last seven months.
Reuters also noted that in Q4/16 the U.S. economy grew at an annual pace of 1.9%.
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