white paper
Beyond the Trends: Small Business Report
As small business credit conditions continue to evolve, the Beyond the Trends report can be a useful companion during uncertain times. Beyond the Trends offers a unique view of the small business economy based on what we see in the data. With up-to-date information on over 25 million active businesses and how they perform from a credit standpoint, Experian will share insights and commentary on how economic conditions, public policy, and other factors might shape future small business performance.
Some highlights in our most recent report:
- Retail and food services sales up 2.4% in June 2024, driven by online growth.
- Rising energy costs drive up operational expenses and consumer prices, particularly in transportation and manufacturing.
- AI adoption in small businesses jumps from 60% to 72% since 2023.