Just as Confident As Last Year Q1 2012 7.11 Score

CMA’s Credit Confidence Score is experiencing a bit of deja vu. The Q1 2012 score of 7.11 out of 10 is the exact same as Q1 2011.

Survey Results Questions 1 and 2

CMA Members report orders and payment increasing, and they predict that payment will be on time for the coming quarter.

Survey Results Questions 3-5

While some are continuing to tighten their credit policy, most predict no change for this coming quarter. The use of credit hold has increased and there has been a stabilization in the amount of accounts sent to collections and NSF checks received.

Some members are extremely confident about payment in Q1 2012 with 49% reporting a confidence score of 8 or more.

Survey Results Question 6

 

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