November 2017 Report
Dun & Bradstreet's U.S. Economic Health Tracker is a monthly, multi-dimensional review of the health of the economy. Read and download the latest report for key insight on small business, jobs, and overall business performance. Come back regularly for new updates, published the Tuesday prior to the first Friday of each month.
The continued climb of the Small Business Health Index continues to provide optimism as the index recorded improvement in credit conditions and payment performance of small businesses in the U.S. economy. Weakness remains in some verticals, which alludes to the inherent structural imbalance that continues to haunt the economy as a remnant of the 2008 financial crisis. However, the labor market is expected to bounce back t his month from the effects of the hurricane. Meanwhile our Overall Business Health Index has recording the immediate effects from those natural disasters declining for the first time in five months. This represents a slight change in the risk spectrum but not enough to change our outlook that business continue to move toward a less risky environment.
Overall, this month’s Tracker does point out some weaknesses in the economy, at the same time giving enough reasons for cautious optimism for the future as we progress toward the final quarter of 2017.
The Small Business Health Index measures year-over-year small business performance through payment patterns and credit use. U.S. Jobs Health combines Small Business Health Index industry data with BLS figures to forecast monthly nonfarm payroll employment. The U.S. Overall Business Health Index provides a weighted average of Dun & Bradstreet’s Viability Score, Delinquency Predictor and Total Loss Predictor. The index ranges from zero (with all businesses recording high levels of risk) to 100% (with all businesses recording low levels of risk). Report based on data available as of October 30, 2017.