Main Street credit performance weakens as inflation impacts markets

March 1, 2022 by Gary Stockton

Experian Business Information Services has just released the Q4 2021 Main Street Report.

In addition to the Omicron surge, which significantly impacted labor and consumer engagement, an inflationary surge, the most significant increase since 1982, coupled with supply-and-demand imbalances, weighed heavily on US small businesses, making a notable impact on consumer sentiment. While workers were getting raises in a tight job market, rapid price increases eroded consumers’ earning power. Average wage earnings went up by 4.0% in Q4 ’21 vs. the previous year, yet a 7.5% increase in inflation results in a net decline in real earnings. Workers’ money is not going as far as it used to.

Download the latest report to get the full detail on Q4 2021 small business credit performance.

Download Q4 2021 Report

Join us for the Q4 Quarterly Business Credit Review

We will be going in-depth on the Q4 business credit trends in our upcoming Quarterly Business Credit Review.

We look forward to sharing the latest small business trends with you.

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The latest insight, tips, and trends on all things related to commercial risk by the team at Experian Business Information Services. Please follow us on social media.


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