Commercial Pulse Report
The bi-weekly Commercial Pulse provides a directional update on small business credit. It delivers a quick read on current market impacts, high level credit trends, score and attribute impacts, and other market related activities.
So far, the economy has been extremely resilient, with Q4 GDP coming in above expectations at 2.9%, inflation cooling, supply chain issues easing, and unemployment remaining low.
Happy New Year! The burning question for 2023 is whether the U.S. economy will fall into recession.
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Heading into the holiday season, we'll see if consumers continue to spend at high levels, or if higher prices, higher interest rates and lower savings create a drag on sales.
