Small Business Index Gains 3 Points in April

The Experian Small Business Index™ increased by 3 points to 52.2 in April and was up 9 points year-over-year. The index was boosted in April by several positive consumer credit trends among business owners. Consumers sought and obtained new credit in April while their utilization and delinquency rates were down. These positive trends helped to mitigate some signs of weakness in their commercial credit, where utilization was up and the number of emerging businesses decreased slightly.