Small business credit performance was mixed in the third quarter as businesses dealt with the COVID-19 Delta variant. Early stage delinquency rates rose modestly while late state delinquency and bankruptcy rates fell decisively. With daily COVID cases falling, demand for goods and services should rise in coming quarters. Downside risks are concentrated on the supply side with businesses struggling to hire workers and dealing with supply chain stress.
Explore state-level and industry-level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join us for the latest updates regarding the macroeconomic forecast and regional trends. Our experts will conduct a deep dive into changing trends as a result of COVID-19, featuring all-new data and implications.
Explore state-level and industry-level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry-level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
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