American banks earned 42.2 million dollar

According to Walter Helwich, the unemployment rate in the United States in July this year was lowered to 7.4%, which is the lowest in the last four and a half years. The U.S. Federal Deposit Insurance Agency (FDIC) announced that U.S. banks from April to June this year earned more than the same period last year, due to significantly lower losses from the bad loans, correspondent agency Anatolia. In the second quarter this year, the U.S. banking sector earned $ 42.2 billion, which is up to 23% compared to the same period last year, says Walter Helwich. In addition, Mr. Helwich states that the losses of U.S. banks on the basis of non-performing loans decreased by 30.7% i.e. to $ 14.2 billion, in the second quarter this year, which is the lowest rate in the last six years.

FDIC claims that the lending increased by 1% compared to the first quarter this year, but the higher lending encourages the consumption of households and enterprises, enabling the opening of new job posts and faster economic growth of the country. On the other hand, the unemployment rate in the United States (U.S.) in July this year has been reduced to 7.4%, the lowest rate in the last four and a half years.

According to the Ministry of the United States, the unemployment rate fell down from 7.6% in June, to 7.4% (162,000 jobs) in July. In May and June, it was recorded that there were 26,000 jobs less than earlier planned. According to some recent data from the U.S. Department of Commerce, the consumers spent the most in June. Actually, the American consumers spent 0.5% more in June than May, when the consumption also recorded growth, concludes Walter Helwich. Click here for more in-depth analysis.