Costa Mesa, Calif., Dec. 16, 2009 — Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. During the month of November, the majority of measurements in the report show that payment performance is continuing to deteriorate nationwide across most industries, geographies and businesses of all sizes. Still, businesses with 100 to 1,000 employees began showing improvement in overall dollars delinquent, indicating there may be some stability in that important business segment. In addition, businesses with no employees (or nonemployer firms) continue to perform better than most of their counterparts, with the exception of dollars delinquent over 90 days.
Other key findings from this month’s Business Benchmark Report include:
Risk score:
*Based on a 100-point scale
Average days beyond terms (DBT):
Percent of dollars delinquent:
|
November |
|
|
|
|
Six-month change |
| |||
|
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
National average |
60.54 |
5.16 |
14.7% |
5.9% |
|
-1.4% |
4% |
2% |
7% |
|
|
|
|
|
|
|
|
|
|
|
|
Number of employees |
|
|
|
|
|
|
|
| |
|
Nonemployer |
61.10 |
4.56 |
11.4% |
5.4% |
|
-1.7% |
2.7% |
1.2% |
4.6% |
|
1 to 4 |
61.36 |
5.42 |
15.7% |
8.3% |
|
-0.9% |
4.1% |
4.4% |
7.1% |
|
5 to 9 |
58.47 |
6.72 |
16.3% |
7.2% |
|
-0.6% |
6.0% |
4.1% |
7.4% |
|
10 to 19 |
57.20 |
7.00 |
16.7% |
6.5% |
|
-0.4% |
4.4% |
3.5% |
7.0% |
|
20 to 49 |
57.63 |
6.97 |
17.1% |
5.0% |
|
0.2% |
2.6% |
1.5% |
5.4% |
|
50 to 99 |
57.79 |
6.75 |
17.8% |
4.1% |
|
0.6% |
1.1% |
1.0% |
5.4% |
|
100 to 249 |
55.92 |
7.11 |
18.1% |
3.7% |
|
0.7% |
0.5% |
-1.8% |
5.8% |
|
250 to 499 |
55.32 |
7.68 |
18.7% |
2.6% |
|
1.2% |
0.2% |
-4.1% |
1.3% |
|
500 to 999 |
56.60 |
7.73 |
21.7% |
2.2% |
|
1.5% |
0.0% |
-1.8% |
-2.3% |
|
1,000 and over |
34.14 |
5.42 |
23.0% |
3.2% |
|
-10.0% |
-0.5% |
0.1% |
8.9% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
Industry group |
|
|
|
|
|
|
|
|
|
|
Agriculture |
65.19 |
4.80 |
11.40% |
5.81% |
|
-0.80% |
6% |
13% |
17% |
|
Forestry |
67.27 |
3.18 |
9.28% |
3.88% |
|
-0.44% |
2% |
12% |
40% |
|
Mining |
63.40 |
4.35 |
13.72% |
1.98% |
|
0.66% |
-1% |
-14% |
-19% |
|
Construction |
57.77 |
9.09 |
25.34% |
10.25% |
|
-0.80% |
5% |
3% |
7% |
|
Manufacturing |
58.42 |
7.62 |
17.52% |
4.79% |
|
-0.27% |
5% |
0% |
12% |
|
Transportation |
56.46 |
6.88 |
16.01% |
7.65% |
|
-1.08% |
4% |
-1% |
8% |
|
Communications |
56.51 |
7.58 |
20.19% |
8.97% |
|
-0.79% |
7% |
0% |
9% |
|
Utilities |
70.67 |
4.28 |
22.03% |
7.37% |
|
-0.31% |
4% |
3% |
10% |
|
Wholesale trade |
59.35 |
6.66 |
14.42% |
4.03% |
|
-0.58% |
4% |
1% |
7% |
|
Retail trade |
56.45 |
6.63 |
18.24% |
6.12% |
|
-0.68% |
4% |
3% |
9% |
|
Finance |
57.09 |
6.74 |
17.06% |
10.29% |
|
-0.59% |
5% |
0% |
2% |
|
Insurance |
64.59 |
5.07 |
7.24% |
4.72% |
|
-0.88% |
8% |
7% |
11% |
|
Real estate |
60.42 |
5.57 |
5.12% |
3.21% |
|
-0.55% |
6% |
4% |
10% |
|
Hospitality |
56.05 |
6.32 |
11.56% |
3.63% |
|
-0.32% |
2% |
-13% |
-12% |
|
Business services |
59.43 |
7.08 |
17.35% |
9.40% |
|
-0.93% |
7% |
6% |
15% |
|
Health services |
64.98 |
4.02 |
11.65% |
3.96% |
|
-0.20% |
4% |
2% |
8% |
|
Legal services |
61.90 |
5.41 |
15.92% |
10.07% |
|
-0.45% |
8% |
4% |
8% |
|
Educational services |
64.79 |
4.49 |
11.67% |
5.09% |
|
-0.38% |
6% |
3% |
9% |
|
Public admin. |
65.14 |
4.28 |
17.49% |
5.52% |
|
-1.19% |
6% |
4% |
17% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
Risk score |
Average DBT |
Percent $ delinquent |
Percent $ 91+ |
|
Region |
|
|
|
|
|
|
|
|
|
|
Mid-Atlantic |
62.37 |
4.45 |
13.3% |
4.4% |
|
-1.3% |
7% |
5% |
11% |
|
Midwest |
61.75 |
5.42 |
16.4% |
7.6% |
|
-1.4% |
2% |
3% |
7% |
|
Mountain |
60.20 |
8.10 |
19.7% |
8.7% |
|
-1.2% |
1% |
-13% |
-8% |
|
New England |
61.94 |
4.05 |
11.8% |
3.7% |
|
-1.4% |
7% |
7% |
11% |
|
Northeast |
56.46 |
3.96 |
14.5% |
5.1% |
|
-1.8% |
6% |
6% |
12% |
|
Northwest |
63.04 |
6.67 |
15.0% |
5.8% |
|
-0.9% |
2% |
0% |
4% |
|
Plains |
63.23 |
4.77 |
13.8% |
4.2% |
|
-1.0% |
3% |
9% |
12% |
|
South Central |
60.03 |
4.66 |
15.5% |
5.3% |
|
-1.6% |
4% |
-3% |
4% |
|
Southeast |
59.12 |
5.75 |
13.9% |
5.9% |
|
-1.4% |
4% |
4% |
8% |
|
Southwest |
60.93 |
4.74 |
14.2% |
6.5% |
|
-1.3% |
4% |
-1% |
7% |
To see a visual representation of this data and other information broken down by state in an interactive map of the United States, go to http://www.BusinessCreditFacts.com/map.
About the Business Benchmark Report:
Experian’s Business Benchmark Report is a monthly look at how businesses are faring in the United States. Designed to monitor the progress of business recovery, the report looks at four key indicators of business health, including commercial risk score, days beyond payment terms, percent of dollars delinquent and percent of dollars severely delinquent.
About Experian’s Business Information Services
Experian’s Business Information Services partners with organizations to establish and strengthen customer relationships, enabling them to mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on U.S. companies of all sizes, with the industry’s most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools that assist clients in processing new applications, managing customer relationships and collecting on delinquent accounts. For more information about Experian’s advanced business-to-business products and services, visit http://www.experian.com/b2b or call 1 800 520 1221.
About Experian
Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2009, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc.
Other product and company names mentioned herein may be the trademarks of their respective owners.
Contact:
Roslyn Whitehurst
Experian Public Relations
1 714 830 5578 Telephone
roslyn.whitehurst@experian.com Email