Federal Reserve Banks to release first-ever national findings from the Small Business Credit Survey on April 11

The 12 Federal Reserve Banks will release the 2016 Small Business Credit Survey: Report on Employer Firms at 1:00 PM EDT on Tuesday, April 11. This year marks the first time the survey was conducted on a national scale, with involvement from all of the Federal Reserve Banks and input collected across all 50 states.

The Report on Employer Firms examines business conditions and the credit environment from the perspective of over 10,000 small business owners who have employees. The report will look closely into how employer small businesses nationwide performed, their financial challenges, the credit they sought and received, and how financing experiences varied based on their revenues.

Press Call on the Report on Employer Firms:

The Federal Reserve Banks will also host a background press call on Tuesday, April 11 at 11:00 AM EDT to provide further context on the topics covered.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479