Experian/Moody's Analytics Small Business Credit Index - Q2 2012
08/01/2012
Tags: Business Information, Risk Management
Findings from the Q2 2012 Experian/Moody's Analytics Small Business Credit Index report finds small business credit conditions have improved slightly amid economic concerns.
Description
Small-business credit quality improved slightly in the second quarter amid slower hiring and new worries about the European fiscal crisis. Small-company balance sheet repair continues to vary considerably across the country. In areas where hiring has picked up and earnings are growing, consumer spending has provided a much welcome boost to small companies. Where spending is still weak, small-business credit quality remains poor. While credit quality is unlikely to improve as quickly as it did earlier in the recovery, further balance sheet deterioration shouldn¿t be severe. Experian and Moody¿s Analytics have joined forces 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.