Timely information about the total health of the credit sector.
NACM's Credit Manager's Index (CMI) is the only business economic indicator that tracks the rate of slowing payments by customers, and deductions; and is gaining national media attention! The CMI is compiled from a monthly survey of the business economy from a credit and collections standpoint. The CMI survey asks credit managers from among 500 manufacturing and service companies around the country to rate favorable and unfavorable factors in their monthly business cycle. Favorable factors include sales, new credit applications, dollar collections, and amount of credit extended. Unfavorable factors include rejections of credit applications, accounts placed for collections, dollar amounts of receivables beyond terms, and filings for bankruptcies. If you'd like to become part of this monthly survey and national economic indicator, go to www.nacm.org and click on Survey Signup.
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|Title Annotation:||the scoop; Credit Manager's Index|
|Article Type:||Brief Article|
|Date:||Jul 1, 2004|
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