American Express (AXP) Credit Card Data (Feb): US Small Business card member loans 30 days past due 1.7%; Net write off rate 2.8%

The latest credit card data from American Express shows that small business card member loans past due have increased slightly to 1.7%, while the net write-off rate has risen to 2.8%. This uptick in overdue loans can signal a potential deterioration in credit conditions among small businesses, which is important for assessing overall economic health and consumer confidence.