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The U.S. Corporate Default Rate Is Expected To Increase To 3.3% In 2012, Article Says Feb 12 Product Image

The U.S. Corporate Default Rate Is Expected To Increase To 3.3% In 2012, Article Says Feb 12

  • ID: 2047726
  • February 2012
  • Region: United States
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) Feb. 2, 2012--The stronger showing of the economy as of late may not be a reliable indicator of a strong economy for the remainder of the year, said an article published today by Standard & Poor's Global Fixed Income Research, titled "The U.S. Corporate Default Rate Is Forecasted To Rise To 3. 3% In 2012." The increased momentum of the U.S. economic recovery has reduced the risk of another recession. The labor market is improving, businesses appear to have more confidence, which have lead to greater investment and increased hiring, and consumers are spending a little bit more. However, strong headwinds remain and volatility continues to characterize the recovery. While the risk of another recession...

Action: General Comment

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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