Changes

Since the recession, the NY Fed [https://www.newyorkfed.org/medialibrary/media/research/current_issues/ci17-4.pdf] observed that small businesses have been notably slower to recover than their large counterparts. *Especially since 2009, larger businesses have posted higher growth rates in sales, inventories, and fixed assets. Actually, small *Small businesses have seen their fixed asset growth go negative for the first time since 2006. All things considered, *Comparatively slower sales, smaller-growing inventories, and declining investment culminated in sluggish recovery have been observed for small businesses. By extension, banks have been wary of spurious loans, especially to small business, as their credit ratings have been adversely affected in recent years.