The National Association of Credit Management’s Credit Managers’ Index (CMI) remained at a combined score of 55 in August, with improvements in unfavorable factor indexes offsetting deterioration in favorable factor indexes.
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.
The December report of NACM’s Credit Managers’ Index showed minor improvement, though the manufacturing sector showed some decline.
The National Association of Credit Management said its Credit Managers’ Index rebounded in January. Improved indices suggest December’s dip was likely an anomaly.
A lack of holiday sales has contributed to a drop in the Credit Managers’ Index from the National Association of Credit Management. The economy could be looking at a slowdown in Q1/14, the NACM said.
The November Credit Managers’ Index largely signaled overall stability and potential for growth in 2014, registering its highest reading since the beginning of the recession in 2008, according to the NACM.
Despite the threat of a political impasse in the U.S., October’s Credit Managers’ Index, issued by the National Association of Credit Management, was largely unfazed.
The National Association of Credit Management said its Credit Managers’ Index report for August 2013 “bodes well for the coming months, with sales and collections performing strongly.”
The National Association of Credit Management said its Credit Managers’ Index fell from its June high of 56.1 to 55.5 in July, led by a sharp decline in collections.