Extra Credit

November CMI Falls to New Low as Downward Trend Continues

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

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.