Economy shows signs of stalling, while small-business credit improves

The Experian/Moody’s Analytics Small Business Credit Index edged up 0.9 points in Q2 2012, to 104.1 from 103.2. High-level findings from the Q2 report show that credit quality will be slow to improve in coming months, and threats to consumer confidence and spending have become more prominent. Business confidence is in line with an economy growing below potential. This factor could affect hiring through the rest of the year, postponing the emergence of a strong, consumer-led recovery.

Download the entire report on Small Business Credit.

Source: Experian press release—Aug 7, 2012: Small-business credit conditions slightly improve as economy shows signs of stalling