September 30, 2024 13:50 GMT
US DATA: MNI Chicago Report™: Around 32% Report Negative Impact on Borrowing
US DATA
In September, the Chicago Report™ asked firms “Have changes in financial conditions impacted your suppliers/clients?”
- The proportion of respondents who are uncertain has increased with 47% reporting ‘Unknown at this time’ (vs 31% in June).
- Meanwhile those reporting ‘No Impact’ fell to 16% (from 34% when asked in June), and 16% of respondents each are either experiencing difficulties with tighter credit conditions or winding down borrowing due to higher costs.
- Finally 6% of respondents are not looking to utilize credit, down from 9% in June.
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