Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

D&B Small Business Health Index (March 2013)

568 views

Published on

The small business sector started 2013 with a bang, as more businesses paid their bills on time and fewer relied on credit card debt. The improvements fueled a 3.2-point increase in D&B’s Small Business Health Index.

Published in: Education
  • Be the first to comment

  • Be the first to like this

D&B Small Business Health Index (March 2013)

  1. 1. D&B Small Business Health IndexMarch 2013 www.dnb.comMarch 2013What’s driving the US Small Business Health Index: Overalls mall business sector? 120The small business sector started 2013 with a bang, 100as more businesses paid their bills on time and fewerrelied on credit card debt. The improvements fueled 80a 3.2-point increase in DB’s Small Business HealthIndex. Business services performed strongest in 60 3.2 points ry uaJanuary 2013, followed by robust improvements in 40 Janmanufacturing. Other economic indicators are drivingsmall business health: production of appliances, 20furniture, and carpeting rose 2 percent, while sales ofretail and food services and food prices also rose. 0 Dec 04 Dec 06 Dec 08 Dec 10 Jan 13 Source: DB Global Data, Insights Analytics Small Business Failures Payment Delinquency 160 160 50 50 155 155 48 48 150 150 46 46 145 145 44 44 140 140 42 42 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013Slightly fewer small businesses closed their doors in A significant number of small businesses did a betterJanuary than in December 2012, although all major job of paying their bills in January, particularly in thesectors continued to register bankruptcies and closures. business services and construction industries. Credit Card Delinquency Credit Card Utilization
  2. 2. 145 145 44 44 140 140 42 42 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 www.dnb.comMarch 2013 Credit Card Delinquency Credit Card Utilization 80 80 50 50 79 79 48 48 78 78 46 46 77 77 44 44 76 76 42 42 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013Despite overall lower late payments, small businesses Fewer small businesses depended on credit cards instruggled to pay their credit card bills on time in January, signaling improved access to more traditionalJanuary, continuing a similar trend in late 2012. lending and financing. What can we expect for small business? Small businesses have reason for optimism in 2013, although challenges remain. Higher gas prices, rising payroll taxes, and federal sequestration cuts pose considerable obstacles to economic growth. Improving retail, non-durable manufacturing, and on-time bill payments may move the economy forward. Nevertheless, small business volatility will likely be the norm for the first few months of 2013. What is the Small Business Health Index? DB’s monthly Small Business Health Index (SBHI) measures and combines pro- and counter-cyclical elements to provide small business health through payment patterns, failure a simple, representative number. Using 2004 as the base year rates, and credit utilization. The SBHI follows a sampling of (Index value 100), improvement is designated by an Index all active small businesses with fewer than 100 employees value above 100. DB’s informed perspective puts the future in focus, helping you protect, grow, and empower your business. To learn more, visit www.dnb.com© Dun Bradstreet, Inc. 2013. All rights reserved. (DB-3438 3/13)

×