Infra-Annual Labor Statistics: Inactivity Rate Male: 15 Years or over for Australia
Monthly, Not Seasonally Adjusted
LRINTTMAAUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.98
Year-over-Year Change
0.74%
Date Range
2/1/1978 - 5/1/2025
Summary
This trend measures the nationwide monthly interest rate on loans to small businesses, without adjusting for seasonal variations. It provides insight into the cost of credit for small enterprises, a crucial indicator of economic conditions and lending activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Small Business Lending Interest Rates (Not Seasonally Adjusted) series tracks the average interest rate on loans to small businesses across the United States on a monthly basis. This metric is widely used by economists and policymakers to assess the availability and affordability of credit for small firms, which are a key driver of economic growth and employment.
Methodology
The data is collected through surveys of financial institutions and calculated as a weighted average interest rate.
Historical Context
The Small Business Lending Interest Rates are closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policies aimed at supporting small business lending and investment.
Key Facts
- The average interest rate on small business loans was 5.25% in January 2023.
- Small businesses account for over 99% of all U.S. firms and 47% of private-sector employment.
- Access to affordable credit is critical for small businesses to invest, grow, and create jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average interest rate on loans to small businesses across the United States on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Small Business Lending Interest Rates are a crucial indicator of the cost and availability of credit for small enterprises, which are vital drivers of economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions and calculated as a weighted average interest rate.
Q: How is this trend used in economic policy?
A: The Small Business Lending Interest Rates are closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policies aimed at supporting small business lending and investment.
Q: Are there update delays or limitations?
A: The data is released monthly with a slight delay, and it does not adjust for seasonal variations, which may affect its interpretation.
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Citation
U.S. Federal Reserve, Small Business Lending Interest Rates (Not Seasonally Adjusted) (LRINTTMAAUM156N), retrieved from FRED.