2023 U.S. Loan Market Survey 
This is FTI Consulting's fifth annual lender survey—and our fourth survey since COVID-19 hit the U.S. The 2021 survey took place against the backdrop of near-peak COVID-related deaths, an aggressive COVID-19 vaccine rollout and a third major COVID relief bill being passed by Congress. Last year’s survey was polled just as the Omicron variant had peaked and against the backdrop of a 40-year high for inflation, increasing stock market volatility and escalating tensions with Russia over Ukraine and the impending start of Fed monetary tightening.

This year’s survey was conducted in the aftermath of several crypto-related failures, tech industry layoffs and the Fed Funds rate hitting its highest level since 2007.

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