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      Report

      Macroeconomic forecasting and regional trends - October 2023

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      Published November 7, 2023

      Economic & Market Insights

      Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.

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      🔹 New businesses in sectors like Construction and Food Services face higher delinquency rates, signaling elevated credit risks.
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      Understanding these dynamics is critical for tailoring lending strategies, mitigating risk, and supporting business growth across industries.

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      Key insights:

      • Credit card debt reached an all-time high of $1.17 trillion in Q3 2024.
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      Watch the recording of the Quarterly Business Credit Review webinar, where Experian shared and discussed critical insights from the latest Main Street Report.

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      • Leading Experts on Commercial and Macro-Economic Trends
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      Visit our Commercial Insights Hub for more economic insights and reports on small business. 

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