Two pieces of good economic news helped the market come back.

Two pieces of good economic news helped the market come back. A Federal Demand for business loans increased in the fourth quarter as economic growth accelerated, according to a Federal Reserve survey of senior loan officers at banks.

Seventeen of 56 banks reported stronger demand among companies with $50 million in annual sales or more, according to the survey released today. Six reported weaker demand. Demand among small businesses for loans increased by the most in any quarter since 2005. While business demand for borrowing increased, banks reported "little change in standards on commercial and industrial loans but a continued easing of pricing terms," the survey said.

Second, the Federal Reserve Bank of Dallas' monthly Manufacturing Outlook Index showed a big jump from -0.3 to 15.3 in its general business activity index. Most components in the index showed improvement.

From "Stocks shrug off Greek worries" By Charley Blaine on Mon, Jan 30, 2012 1:20 PM