US Delinquency Rate on Business Loans (Seasonally Adjusted)
US Delinquency Rate on Business Loans (Seasonally Adjusted) stood at 1.27% in Q2 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Bank loans and delinquencies table (Value · Quarterly), with a complete series running from Q1 1987 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank loans and delinquencies table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DELINQUENCY AND CHARGE-OFF RATES (seasonally adjusted) | |||||||||||
| Delinquency rate - Business loans | 1.27 | 1.33 | 1.34 | 1.33 | 1.28 | 1.29 | 1.27 | 1.18 | 1.14 | 1.12 | |
| Delinquency rate - Consumer loans | 2.62 | 2.64 | 2.63 | 2.72 | 2.75 | 2.77 | 2.76 | 2.73 | 2.72 | 2.67 |
Understanding US Delinquency Rate on Business Loans (Seasonally Adjusted)
United States seasonally adjusted ratio of commercial and industrial overdue debt to commercial and industrial credit measures the percentage value of commercial and industrial capital funding experiencing principal or interest payment delinquency past regulated limits over total corporate debt balances, published by the Federal Reserve. The calculation portfolio includes all short- and long-term working capital and fixed asset investment loans to companies, excluding commercial real estate loans and personal credit. Filtering out annual cyclical fluctuations allows this indicator to highlight core financial health trends in the production and business sector.
Indicator monitoring is conducted quarterly after data is processed through mathematical models to eliminate impacts from holidays or fixed annual payment schedules. This ratio allows users to directly compare the current quarter with the immediately preceding quarter to identify early risks of corporate debt repayment capacity deterioration without interference from seasonal factors. Nevertheless, researchers must still note data revisions for the latest period once complete financial statements are finalized.
Frequently asked questions
- Which borrowers does this indicator focus on?
- The report only counts credit extended to enterprises in the manufacturing, trade, and services sectors.
- Why is this index convenient for quarter-on-quarter comparisons?
- Cyclical seasonal volatility has been removed, helping to accurately reflect corporate health trends across quarters.
- Is corporate real estate mortgage debt included here?
- No, commercial real estate mortgage loans are tracked separately under another independent indicator.