NACM’s Credit Managers’ Index (CMI) improved 1.9 points to 54.9 in February. This comes after two months of declines.
“The improvement was broad-based, with only two factors—Dollar Collections and Disputes—deteriorating from last month,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.
Unfavorable Factors rose back into expansion territory. The index sits at 51.2, a 1.4-point increase from last month’s value.
The Index for Favorable Factors improved by 2.4 points, sitting now at 60.3, and remaining solidly in expansion.
What respondents are saying:
- “When contacting clients for payment, we’ve repeatedly heard them say, ‘It’s been a rough winter.’”
- “The trend of customers requesting or taking extended terms continues to be a challenge.”
- “We are expecting some slowing this year in our forecasts. Our customers are experiencing cash flow issues and have worries over tariffs.”
The March CMI Survey is open and closes Tuesday, March 11. Amplify the voice of credit by investing a few minutes to participate today. You can view the full February CMI report here.
