EXCLUSIVE-UPDATE 1-US business investment continues to drop


* Group says capex borrowing off 24.4 pct in Jan vs yr-ago * But lender portfolio quality stabilized or improved * Mixed picture consistent with sentiment, housing reports (Adds report details, quote, background, byline) By James B. Kelleher CHICAGO, Feb 23 (Reuters) - U.S. businesses continued to postpone financing new investments in their operations in January, but delinquencies among existing borrowers stabilized and outright defaults fell, according to a trade group for lenders ...

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