“The seasonally adjusted Credit Manager’s Index (CMI) for November painted an even uglier portrait of theeconomy than it did last month, dropping 2.6 to a record low of 42.2, well below the 50 level indicatingeconomic contraction,” reported Daniel North, chief economist with credit insurer Euler Hermes ACI, whoevaluates the data and prepares the report for [...]
Typically, credit managers aren't performing back flips and climbing over each other at the chance to lead presentations on case studies. The dreaded topic is a producer of much anxiety for those having to outline their credit decisions to a third party, whether it is a boss or their peers. Susan Lujan, CCE, corporate credit [...]
Few treats found as accounts placed for collection and other indicators hit record lows, again. "The seasonally adjusted Credit Manager's Index (CMI) for October revealed an increasing sense of doom among the participants, mirroring conditions in the rest of the economy," said Daniel North, chief economist for credit insurer Euler Hermes ACI, who analyzes the [...]
NACM's October Survey, which asked "Looking forward to 2009, as a credit professional, what are your biggest concerns?," showed that the struggling global economic situation is weighing heavily on the minds of credit professionals as 2008 winds down, with a whopping 88.1% of respondents listing "the state and future of the economy" as one of [...]
“The seasonally adjusted Credit Manager’s Index (CMI) for October revealed an increasing sense of doom among the participants, mirroring conditions in the rest of the economy,” said Daniel North, chief economist for credit insurer Euler Hermes ACI, who analyzes the data and prepares the CMI report for the National Association of Credit Management. The combined [...]
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