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Small Business Credit Index reaches all-time high in 2014 Q3
Q3 Report Findings
The Experian/Moody’s Analytics Small Business Credit Index (SBCI) gained 2 points to reach 114.8 from a revised 112.8 in the second quarter (previously reported as 112.2). The index measures credit conditions for firms with fewer than 100 workers, and last quarter’s move puts it at an all-time high. This is the second consecutive quarterly gain for the index after harsh winter weather pushed it lower in the first three months of this year and provides compelling evidence that the small-business landscape continues to improve.
Read the full report to learn about the current conditions and predictions for future quarters.
About the Report
Experian joined forces with Moody’s Analytics, a leading independent provider of economic forecasting, to create a business index and detailed report that provides insight into the health of U.S. businesses. The Experian/Moody’s Analytics Small Business Credit Index is reported quarterly to show fluctuations in the market and discuss factors that are impacting the business economy.