Small Business Delinquency Index (SBDI)

The Small Business Delinquency Index (SBDI) measure the percentage of loans that are 31-90, 91-180, and 31-180 days delinquent based on the largest commercial and industrial lenders in our U.S. database, including both loans and leases. 


  • Reliable predictor of small business financial stress
  • Statistically valid indicator of unemployment changes
  • Advanced signal of business cycle inflection points

About SBDI

The SBDI are designed to gauge small business financial stress and default risk at the national and state levels, including industry segmentation. The SBDI provides insight to financial services executives, economists, policy makers and regulators in order to understand the stage of the business cycle and to set credit oversight policies.

The index is calculated and published monthly as follows:

  • PRELIMINARY —current month data reflecting most recent small business delinquency performance released
  • REVISED — data for the month preceding Preliminary release
  • FINAL — data for the month preceding Revised release

To learn about the methodology and predictive qualities of the SBDI, please read our White Papers.

The Small Business Delinquency Index (SBDI) is segmented into 364 indices at the national, state and industry levels.

To track the SBDI on an ongoing basis, we encourage you to regularly visit the Risk Insight Suite®.