fed speech, 2006-03-08
Indeed, part of the success of nondepository institutions may have been due to the fact that the median distance between a small-business customer and its nondepository service provider fell from 83 miles in 1998 to 37 miles in 2003, with most of the change resulting from greater proximity of customers to nondepository loan providers.
Sentiment: neutral
Topic: mp_economic_activity