Press Releases

Leading Small Business Credit Sales Report Uncovers Drop in Consumer Purchasing From Main Street Businesses

11/19/2012

There has been a stall in Q3 2012 year-over-year (YoY) small business card sales growth compared to the past four quarters, according to the Capital Access Network’s Small Business Credit Sales Report. This quarter reported a decline in YoY Main Street card sales of -3.2 percent, coinciding with a projected dip in available consumer credit, per the Federal Reserve’s August 2012 G19 Release.