Economic Report: Bank lending rises for the third straight week

United States

The numbers: Total bank lending rose to $ 12.1 trillion in the seven days ended April 19 from $ 12.09 trillion in the prior week, the Federal Reserve said Friday. This is the third straight weekly gain.

Deposits at banks rose slightly to $ 17.20 trillion from $ 17.18 trillion in the prior week. They are down from $ 17.26 over the past month.

All…