Credit Commentary

By David Brown, Managing Director ACBB Advisory Services

So, is the recession here yet? We have been hearing those recessionary drums beating for over a year now, but what does the data tell us? From a macro view, we are 10 years from the last recession, and we have had a recession nearly every 10 years since the 1970’s, so a recession is coming. As part of our Loan Review practice, we analyze data trends in the banking communities of the Northeast and the Mid-Atlantic regions. Most recently, we looked at credit trends from December 31, 2017 to December 31, 2018.