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Report

Q2 2022 Experian/Oxford Economics Main Street Report

Published August 23, 2022

Commercial Economic & Market Insights

After a strong economic rebound in the wake of COVID-19, a more challenging environment and heightened recession worries are forcing small businesses to "hit the reset button". Small business anxiety about elevated inflation and labor shortages persisted in Q2 2022, as small businesses held debt balances longer, while seeking additional credit in anticipation of a tighter lending environment.

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