The Fed released its Q1 SLOOS data last night. Market chatter is that it was not as bad as feared but that misses the crucial point that SVB did not kick off this credit crunch until late-March and the survey was conducted from March 27-April, before the small bank crisis turned chronic.
Even so the data was pretty weak with intentions of getting worse.
The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices
