Free Trial

MNI Chicago Survey™: Majority see Conditions Having No Impact on Borrowing

US DATA

The Chicago SurveyTM also asked firms “How have changes in financial conditions affected your access to borrowing?”

  • The majority (55%) said it has had ‘no impact’, whilst 24% reported they are ‘not looking to utilize credit at present’, 10% are ‘experiencing difficulties with tighter credit conditions, while a further 10% are ‘winding down borrowing due to higher costs’.
  • We last asked this question in August 2023. The proportion of respondents expressing "No impact" rose from 40% to 55%, whilst those "experiencing difficulties with tighter credit conditions" reduced from 16% to 10%.
89 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The Chicago SurveyTM also asked firms “How have changes in financial conditions affected your access to borrowing?”

  • The majority (55%) said it has had ‘no impact’, whilst 24% reported they are ‘not looking to utilize credit at present’, 10% are ‘experiencing difficulties with tighter credit conditions, while a further 10% are ‘winding down borrowing due to higher costs’.
  • We last asked this question in August 2023. The proportion of respondents expressing "No impact" rose from 40% to 55%, whilst those "experiencing difficulties with tighter credit conditions" reduced from 16% to 10%.