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Download the Equifax Main Street Lending Report for August 2024, which includes an overview of the latest Small Business Indices data.
July’s labor market report sparked global concerns about a weakening U.S. economy and increased risks of a near-term recession after the “Sahm rule” was triggered. However, both layoffs and unemployment are low by historical standards, while real disposable income and real consumer spending are consistent with a soft landing.
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Small Business Lending Index