Extra Credit

November CMI Falls to New Low as Downward Trend Continues

December 02, 2022 NACM Episode 34
November CMI Falls to New Low as Downward Trend Continues
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Extra Credit
November CMI Falls to New Low as Downward Trend Continues
Dec 02, 2022 Episode 34
NACM

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The November NACM Credit Managers’ Index fell once again, this time by 1.2 points to a reading of 52.0, its lowest since May 2020 and the lowest non-recession, non-pandemic value recorded. Overlooking the slight rise of 0.6 in September, the CMI has trended downward for the last eight months. Hear from NACM Economist Amy Crews Cutts, Ph.D., CBE.

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The November NACM Credit Managers’ Index fell once again, this time by 1.2 points to a reading of 52.0, its lowest since May 2020 and the lowest non-recession, non-pandemic value recorded. Overlooking the slight rise of 0.6 in September, the CMI has trended downward for the last eight months. Hear from NACM Economist Amy Crews Cutts, Ph.D., CBE.