← All instruments — the full set 1990
high 83.60 · low -32.40 · now 8.10 · 4 recessions shaded 2026
C26 · CREDIT AVAILABILITY
Banks tightening C&I lending standards (SLOOS, net %)
8.10
CALM ROBUST z -0.03 DRS 95 quarterly as of 2026-04-01
Where it sits: higher than ~62% of its last decade.
The full history
How it is read
- What it measures
- credit availability
- Where it sits
- higher than ~62% of its last decade — at the 62th percentile of its last decade.
- z vs. its window
- -0.03 (strain side: up). 40 observations in the window.
- State rule
- z < 1 CALM · 1 ≤ z < 2 WATCH · z ≥ 2 EXTREME, measured only toward the declared strain side.
- Confidence
- ROBUST — a primary official series, mechanically reported.
- Reliability (DRS)
- DRS 95 — Net percentage of domestic banks tightening standards on commercial & industrial loans — the official Senior Loan Officer survey.
Where it comes from
FRED ↗ Every number on this site is reproducible from this primary source.
What it read at past stress points
| Lehman, Sep 2008 | 57.70 | ◆ WATCH |
|---|---|---|
| Q4-2018 selloff | -15.90 | · CALM |
| Curve inversion, Aug 2019 | -2.80 | · CALM |
| COVID crash, Mar 2020 | 0.00 | · CALM |
Questions it helps answer
- The Plumbing — Is the banking and credit system carrying its load?