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How credit is holding up

C&I demand — small firms

Lending conditions and realized bank losses. Positive survey standards mean net tightening; positive demand means net strengthening. Neither is a corporate-bond default rate.

Latest collected observation

3.60 %

Observation period: 2026Q3

At collection: current

Last collection · 28 Sep 2026, 12:00 UTC

These are dated observations. This page does not stream live market data.

Since the previous collection

The displayed value and observation period are unchanged from the collection on 2026-09-27.

A new period advances the comparison window. A revision changes an existing period.

Source history

net percent of responding domestic banks

2026Q3 · 3.6

-53.3 — 17.7Chart range
2020Q4 · -45.52021Q1 · -17.62021Q2 · 2.92021Q3 · 7.42021Q4 · 02022Q1 · 9.22022Q2 · 17.72022Q3 · 17.52022Q4 · -21.92023Q1 · -42.22023Q2 · -53.32023Q3 · -47.52023Q4 · -49.12024Q1 · -22.42024Q2 · -232024Q3 · 02024Q4 · -18.62025Q1 · 3.22025Q2 · -20.62025Q3 · -27.92025Q4 · -1.72026Q1 · 02026Q2 · 02026Q3 · 3.6
2020Q42026Q3

Latest 24 source observations in this collection. Points are spaced by observation, not elapsed time. Missing values remain gaps. History may include revisions; it does not recreate what was known at each date.

Inspect the exact values
Source values · net percent of responding domestic banks
PeriodValue
2026Q33.6
2026Q20
2026Q10
2025Q4-1.7
2025Q3-27.9
2025Q2-20.6
2025Q13.2
2024Q4-18.6
2024Q30
2024Q2-23
2024Q1-22.4
2023Q4-49.1
2023Q3-47.5
2023Q2-53.3
2023Q1-42.2
2022Q4-21.9
2022Q317.5
2022Q217.7
2022Q19.2
2021Q40
2021Q37.4
2021Q22.9
2021Q1-17.6
2020Q4-45.5

Behind this number

Board of Governors of the Federal Reserve System

Open the source →
Source unit
net percent of responding domestic banks
Collected
2026-09-28 12:00:03.058 UTC
Source release / update
2026-08-03
Instrument
US_SLOOS_DEMAND_SMALL

Survey quarters and bank reporting quarters differ. Charge-offs are annualized and net of recoveries; delinquency rates are not annualized.