Report
Published June 13, 2023
Commercial Commercial InsightsBusiness owners continue to struggle to access quality labor, strengthen operations, and create backup supplier networks as supply chain disruption and inflation hamper delivery. Diesel prices are up 71% YOY according to the U.S. Energy Information Administration and the higher cost of energy is resulting in lower margins and impacting delivery of goods and services. These costs have been rising sharply since February 2022 and exacerbated challenges already being addressed by business owners in the 1st quarter of 2022 commodity, component, and inventory shortages. Small businesses are adjusting to a high-demand low supply market through 2022. Subscribe to this quarterly Report here or follow our full suite of quarterly insights on our Commercial Insights Hub.
Download the report
View now
Report
Q4 2023 Experian/Oxford Economics Main Street Report
North American economic strength is riding on the backs of the resilient U.S. Consumer. For the past two years, the fear of an imminent recession rang in the ears of economists and consumers alike, radiating declining confidence in growth and the ability to prolong spending behaviors consumers grew accustomed to during pandemic recovery. Those fears have been pushed aside as consumers beat holiday spending expectations, upending Retailers' anxiety entering the season.
Report
Q3 2023 Experian/Oxford Economics Main Street Report
Outstanding performance in the third quarter is a great headline focused on the resiliency of the American consumer. Business confidence and financials benefited from a consumer confidence boost as market conditions appeared to improve as inflation receded. Consumer spending remained elevated, supporting small business cashflow health, but a rising percentage of that consumer spend originated from leveraged consumer credit products. Creditors have been monitoring the rise in unsecured debt utilization and putting into action exposure limiting underwriting criteria.