Experian | Oxford Economics Main Street Report
Q1 2023
As liquidity increases, businesses owners are leveraging a higher percentage of debt as they enter Q2
Q1 report findings
US positive economic growth, elevated inflation, a strong labor market, positive consumer spend behavior, and credit accessibility remain the main drivers in decisions being made surrounding the evaluation of US commercial health. The small business ecosystem is enjoying higher levels of consumer engagement keeping cashflows flowing as stimulus turns to normalized funding options for market participants.
About the report
Experian/Oxford Economics’ Main Street Report brings deep insight into the overall financial well-being of the small-business landscape, as well as provides commentary on what specific trends mean for credit grantors and the small-business community. Critical factors in the Main Street Report include a combination of business credit data (credit balances, delinquency rates, utilization rates, etc.) and macroeconomic information (employment rates, income, retail sales, industrial production, etc.).
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