Insights

Lending Climate in America – 3rd Quarter 2024 Survey

J.S. Held Strengthens Forensic Accounting and Financial Investigations Expertise and Expands Suite of Services in Canada with Acquisition of ADS Forensics

Read More close Created with Sketch.
Home·Insights·Articles

With inflation still affecting the US economy, lenders are now focused on the economic impact of the upcoming presidential election. Lenders’ expectations for the US economy’s performance in the longer term – beyond the next six months – has increased significantly from the prior quarter. This optimistic outlook is based on the expectation of a reduction in the federal funds rate, which will spur businesses to raise additional capital or increase hiring. 

In the Phoenix Management “Lending Climate in America” survey for Q3 2024, the lenders queried identify which macroeconomic factor concerns them the most, and which actions their customers have planned in the next six to twelve months. The survey also reveals whether lenders’ financial institutions plan to tighten, relax, or maintain their loan structures, how much growth their customers expect in 2024, 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

More About Phoenix Management’s Quarterly “Lending Climate in America” Survey

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.

Find your expert.

This publication is for educational and general information purposes only. It may contain errors and is provided as is. It is not intended as specific advice, legal, or otherwise. Opinions and views are not necessarily those of J.S. Held or its affiliates and it should not be presumed that J.S. Held subscribes to any particular method, interpretation, or analysis merely because it appears in this publication. We disclaim any representation and/or warranty regarding the accuracy, timeliness, quality, or applicability of any of the contents. You should not act, or fail to act, in reliance on this publication and we disclaim all liability in respect to such actions or failure to act. We assume no responsibility for information contained in this publication and disclaim all liability and damages in respect to such information. This publication is not a substitute for competent legal advice. The content herein may be updated or otherwise modified without notice.

noun_Download_747989_000000 Created with Sketch. Download PDF
You May Also Be Interested In
Perspectives

Lending Climate in America – 2nd Quarter 2024 Survey

In our Q2 2024 survey, the lenders queried share which macroeconomic factor concerns them the most, and what actions their customers have planned ahead....

Perspectives

Lending Climate in America – 1st Quarter 2024 Survey

In our survey for Q1 2024, the lenders queried identify which macroeconomic headwind concerns them the most and which actions their customers have planned....

Perspectives

Lending Climate in America – 4th Quarter 2023 Survey

In the Q4 2023 "Lending Climate in America" survey, lenders queried share how much growth their customers expect in 2024 and which industries will be volatile....

 
INDUSTRY INSIGHTS
Keep up with the latest research and announcements from our team.
Our Experts