During its Q3 2012 earnings teleconference call, D&B management commented on the current trade credit environment in the US. Based on insights generated from D&B data on businesses, delinquencies are falling across the U.S. In terms of new credit, which is companies extending credit to new customers, there’s definitely less of that and there is no sign of improvement.
In manufacturing, D&B does not see expansions of trade lines. There has been some acceleration in the financial services sector. Some of the large financial services firms are starting to get back into card marketing, thus extending more credit, which may over time flow to other sectors. However D&B has not seen such movement at this point in time.