Experian Main Street Report

Q1 report findings

The U.S. economy continues to demonstrate resilience in the first quarter of 2024, driven by robust consumer spending and a solid labor market. Contrary to previous fears of a recession, consumer willingness to participate in markets has remained high as the confidence building favorable labor market conditions encourage an anxious consumer to keep spending. As we move into the second quarter of 2024, the economic landscape presents a mixed bag of opportunities and challenges for small businesses.

About the report

Experian 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.).