Sales Plummet but Credit Lines Increase, CMI shows

from Extra Credit · host NACM

Tell us what you love about Extra Credit and what topics you want covered!NACM’s Credit Managers’ Index (CMI) fell 0.3 to 51.3 in January, continuing its downward trend over the last nine months. But more concerning is that the sales factor has seen the most significant decline in the last 12 months and is now in contraction territory for the first time since May 2020 at 49.8—a drop of 21.3 points year-over-year. Hear from NACM Economist Amy Crews Cutts.Connect with us on LinkedIn: @Nacm-National @FCIB

What this episode covers

Tell us what you love about Extra Credit and what topics you want covered! NACM’s Credit Managers’ Index (CMI) fell 0.3 to 51.3 in January, continuing its downward trend over the last nine months. But more concerning is that the sales factor has seen the most significant decline in the last 12 months and is now in contraction territory for the first time since May 2020 at 49.8—a drop of 21.3 points year-over-year. Hear from NACM Economist Amy Crews Cutts. Connect with us on LinkedIn: @Nacm-Na...

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Sales Plummet but Credit Lines Increase, CMI shows

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This episode was published on February 3, 2023.

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