The latest trends in business credit demand from Veda
Veda Business Credit Demand Index - July to September 2011
Veda's quarterly Business Credit Demand Index, released today, reveals business credit demand recorded its eighth consecutive monthly gain since February 2011, with the July-September quarter continuing an upward trend, up 2.3% on the same time last year. Although demand was 2.1% lower than the bullish June quarter, the general trend continues to be positive.
Veda Business Credit Demand Index - April to June 2011
Veda's Business Credit Demand Index, released today, reveals business credit enquiries recordedtheir fifth consecutive monthly gain since February this year. In June 2011, credit enquiries recorded strong gains over the previous quarter, up 17.4% and 3.6% year-on-year but still remain lower than pre-GFC levels.
Veda Business Credit Demand Index - January to March 2011
Veda's Business Credit Demand Index, released today,reveals business credit enquiries have risen moderately (1.1%) since the same time last year, with the first monthly year-on-year gains since March 2010 occurring in February and March.
Veda Business Credit Demand Index - October to December 2010
Veda's Business Credit Demand Index, released today, indicates many small-to-medium sized businesses (SMEs) remained reluctant to take on credit in the October to December quarter of 2010, with demand falling 7.3% over the same quarter in 2009. Across the 2010 calendar year, business credit was down 4.2% over 2009.