Coast Commercial Credit reports that the value of commercial and industrial loans made by U.S. financial institutions has risen to record highs. This helped growth in credit pick up 3.1 percent year-over-year, up from 1.4 percent in 2011 (after shrinking 2.5 percent in 2009 and 0.9 percent in 2010).

After a number of tough years, the company says, car wash operators are seeing some good signs of economic growth and are starting to replace old equipment, remodel existing locations, and build new locations.