Main Street

The three million businesses that line the main streets and side streets of the local economies. These businesses are diverse and include retail shops, small grocery stores, personal services such as hair and nail salons and spas, hardware stores, local contractors, restaurants, trade services such as plumbers and electricians, and small manufacturers and wholesalers. The health of these businesses is directly related to the health of the local economies in which they operate, which is why their success is vital to the communities they serve.

PMI Data Hints at Slowdown for Main Street Smaller Businesses
PMI Data Hints at Slowdown for Main Street Smaller Businesses
August 23, 2023  |  SMBs

Business is expanding, but at a torpid pace that signals some pressures for some of Main Street’s smaller firms. As detailed in the S&P Global Flash...

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40% of Well-Established Small Businesses Lack Emergency Funding
40% of Well-Established Small Businesses Lack Emergency Funding
August 18, 2023  |  SMBs

Across the United States, the startup community is still reeling after Silicon Valley Bank’s collapse, the largest bank failure since the 2008 financial crisis, and...

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Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the...

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Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
July 26, 2023  |  Loans

As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs...

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Lenders and Vendors Catering to Commercial Spend Look to Lift Business Fortunes
Lenders and Vendors Catering to Commercial Spend Look to Lift Business Fortunes
July 17, 2023  |  Commercial Payments

Today’s future-fit commercial payment capabilities couldn’t have picked their go-to-market timing better. As businesses look to shape and refine their economic forecasts and downstream working...

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Personalized Loans Helps Small Businesses Break Their Funding Slump, Says Enigma COO
Personalized Loans Helps Small Businesses Break Their Funding Slump, Says Enigma COO
July 07, 2023  |  SMBs

The secret of getting ahead is getting started. After all, an object — or a business — in motion tends to stay in motion. But...

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Main Street Small Businesses May See Margin Relief as Producer Prices Fall
Main Street Small Businesses May See Margin Relief as Producer Prices Fall
June 14, 2023  |  Economy

The latest readings on inflation, released Wednesday (June 14), signal some margin relief for Main Street small businesses. And, by extension, consumers may see some...

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Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
June 13, 2023  |  Economy

Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show...

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Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023  |  Economy

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small...

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