The National Association of Credit Management’s Credit Manager’s Index for June continued to lose some ground, with a total combined score of 57.5, which was down 2.3 points compared with May’s CMI and 3.1 points lower than April’s CMI.
The National Association of Credit Management’s Credit Managers’ Index for April 2021 reached a high not seen for more than 15 years. The monthly combined index for manufacturing and service sectors broke through the 60 mark with a reading of 60.6 after hovering in the high 50s for several months.
The National Association of Credit Management’s Credit Managers’ Index (CMI) gained two points in March. Following four months of fluctuations, the March CMI reached its second-highest combined score in a year.
The NACM’s Credit Manager’s Index held strong in December, with a combined score of 57.8, which was down a tenth of a point from November and 0.6 points from October. December’s score is more than three points higher than December 2019.
The November Credit Managers’ Index from the NACM decreased slightly after hitting a 15-year high in October. The overall score of 57.9, which was down half a point from October, is the second-highest reading in the last 12 months.
The October Credit Managers’ Index from the National Association of Credit Management rose 2.4 points to 58.4, marking its highest combined score in more than a decade and a half.
The September Credit Managers’ Index from the National Association of Credit Management fell by a half a point from the August index, marking the first decline since April. However, the CMI is still trending positively in expansion territory
The August Credit Managers’ Index (CMI) from the National Association of Credit Management reached a more than two-year high with a combined score of 56.5, which was just better than January 2020 and the highest reading since May 2018.
After a positive showing in August, credit managers across the U.S. are reporting a slight step back in the latest Credit Managers’ Index from the National Association of Credit Management.
According to the most recent data from the National Association of Credit Management, indicators for May were down, especially in the unfavorable categories.