Insights
Lender confidence in the US economy’s performance over the next six months is waning due to concerns over the impacts of tariff uncertainty and the possibility of a recession. Meanwhile, lenders believe the Fed will cut interest rates during this same time period, while they also expect borrowers will move cautiously going forward.
In the Phoenix Management “Lending Climate in America” survey for Q2 2025, the lenders queried identify which macroeconomic factor concerns them the most, and which actions their customers have planned in the next six to 12 months. The survey also reveals whether lenders’ financial institutions plan to tighten, relax, or maintain their loan structures; how much growth their customers expect through the rest of 2025; and which industries are likely to experience the most volatility in the upcoming six months.
READ THE COMPLETE SURVEY RESULTS HERE: Click here to view
The “Lending Climate in America” survey is administered quarterly to lenders from various commercial banks, private credit funds, finance companies, and factors across the country. Our team of experts collects, tabulates, and analyzes the results to create a complete evaluation of national attitudes and trends.
In our Q1 2025 survey, lenders share how they believe political uncertainty may impact the near-term US economy and which industries may be affected the most....
In our Q4 2024 survey, lenders reveal their outlook toward the US economy following the presidential election and how they expect sentiment to play out in 2025....
In our Q3 2024 survey, with inflation still a factor, the lenders queried share they are focused on the economic impact of the upcoming presidential election....