While relatively few firms report having problems getting bank loans compared to a year ago, a significant — but smaller than last year — number of firms report a number of their customers’ projects have been delayed or cancelled because of tight credit conditions. Specifically, only 13 percent of firms reported having a harder time getting bank loans compared to a year ago. However, 40 percent of firms reported that tighter lending conditions have caused customers’ projects to be delayed or cancelled. And while only 3 percent of firms reported having an easier.
