It is that time again – the latest edition of the Credit Managers Index has been released by NACM.
It appears that this will be another of “those” years – at least it is starting out that way. In December of last year the overall index fell to a low point of 55.6. That was not good news as this level had not been this anemic since July of 2013. The sense was that the economy was stalling in the middle of the holiday spending season but a month later the index bounced back to levels not seen in over two years – reaching 57.3. This created a sense that recovery had finally arrived and some expectations of more consistent growth through the rest of 2014. The data from February put that index number right back where it was in December at 55.6.
This does not bode well for the demand of credit information! To read the full story log on
Source: Dr. Chris Kuehl, Armada Corporate Intelligence