U.S. Small-Business Credit Gains Despite Headwinds

Small-business credit conditions strengthened in the fourth quarter, though the improvement was mixed. Most industries, including construction, had an uptick in delinquency. The Experian/Moody’s Analytics Small Business Credit Index advanced 1.2 points to 117 from 115.8 in the third quarter. The fourth quarter reading was the highest since the index began, and is a solid indication that small ...