Credit Managers Index for Sept. 2010

CMI

“If you are a big fan of volatility, you will like this month’s Credit Managers’ Index (CMI),” said Chris Kuehl, Ph.D., the National Association of Credit Management’s (NACM) economic advisor. “The positive trends that we saw in last month’s manufacturing data were replaced by some negative trends, while the service sector that looked so stressed in August seemed to come back to life in September. If just the CMI numbers were considered, one could conclude there really wasn’t much going on and that everything was pretty stable. After all, the combined CMI reading went from 53.3 to 53.8. The real story is that this truly dramatic activity reversed the pattern of the previous month.”

Download September CMI Report (325)

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