Experian and Moody’s Analytics have just released the Q1 2019 Main Street Report. The report brings deep insight into the overall financial well-being of the small-business landscape, as well as providing commentary on what certain trends mean for lenders and small businesses.
In Q1 U.S. small businesses brushed off a government shutdown as stock markets recovered and income gains remained steady.
Delinquency rates remained mostly stable, with pockets of weakness spread out among regions and industries, notably agriculture in the Great Lakes and manufacturing in the Southwest. Small firms seem to have simply shrugged off the headwinds of the first quarter and kept on with business as usual.
Despite a fresh escalation in trade tensions, the year is starting off well with positive news coming from the areas presenting risks to the outlook. A dovish stance on interest rates from the Federal Reserve and room to grow in our housing market — 2019 is off to a strong start.
Watch Webinar Recording – Q1 2019 Quarterly Business Credit Review
Listen to the experts from Experian and Moody’s Analytics go in-depth on insights revealed in the Q1 2019 Experian/Moody’s Analytics Main Street Report.