Lenders across the country reported increased demand from consumers and businesses, continuing a prevailing trend from earlier in the year, according to a Federal Reserve report released June 4.

"Overall lending activity increased throughout the nation," said the Fed's quarterly economic survey, known as the Beige Book. "The rise in demand for business credit that began in April is strengthening. Requests were strongest for equipment financing, commercial real estate development, and mergers and acquisitions."

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.