Loan losses expected to be 41% higher than 30 yr avg
Lumos Small Business Economic Index
"Our economic index has a 30-year average of 100. Scores higher than 100 indicate higher than average credit losses are expected due to worsening economic conditions. The index is directly proportional to annual expected losses. For example, a score of 200 would indicate annual expected losses double the 30-year average and a score of 50 would indicate expected losses half the average."
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