Report
Published June 23, 2025
Credit & Economic Trends Economic & Market Insights
While the US economy has so far avoided the worst-feared outcomes of higher tariffs, there remains significant uncertainty and concern over outlook, which is driving caution among lenders. In our just-released Q2 2025 Lending Conditions Chartbook, we break down the latest economic developments and do a deep dive into credit conditions across product segments, regions, and lender types. Key insights include:
- Unemployment remains low, but there are ongoing signs of softening in the labor market.
- Real incomes have improved somewhat after softening for most of 2024, which may continue to support consumer spending.
- The housing market continues to be constrained by high prices and interest rates, which are impacting affordability.
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Report
Q4 2025 Lending Conditions Chartbook
Despite tariff headwinds in 2025, the U.S. economy exceeded expectations and is positioned for continued growth. Improving credit dynamics point to a stronger lending environment in 2026.
- Solid economic momentum heading into the new year
- Improving lending standards and rising credit demand
- Stable delinquency trends support healthier credit conditions
White Paper
Closing the credit gap
Read the latest findings about "Closing the credit gap" white paper, and what they mean for financial inclusion and risk management.
Key insights:
- Income and credit trends reveal significant disparities that impact access to financial products.
- Demographic shifts across gender, household structures, ethnicities, and generations are reshaping borrower profiles.
- Lenders who adapt their strategies and product offerings can expand their customer base, reduce default rates, and lead in inclusive finance.
Report
The Alt Labor Story
The longest U.S. government shutdown has paused official labor data, but private-sector insights reveal key trends shaping the job market. Alternative sources show slowing job creation, modestly higher unemployment, and signs of resilience consistent with the Fed’s outlook.
- Job growth weakened in late 2025 across major indicators
- Layoff announcements rose, but claims remain low
- Unemployment edged up in line with Fed projections
- Labor market stress remains relatively contained
Webinar
Macroeconomic forecasting and credit trends - November 2025
As we step closer to 2026, all eyes remain on the economic outlook, the labor market and consumer health. Experian’s Chief Economist Joseph Mayans, Director of Fintech Gavin Harding and Solution Insights Director Amanda Roth, will provide a look into:
- The latest economic and credit trends
- Labor market and consumer health
- Student loan update