Argentina’s economy has shown signs of stabilization following a challenging year marked by severe poverty, soaring inflation and significant sociopolitical pressures. Today, the country stands as one of the largest economies in Latin America, with a gross domestic product (GDP) of approximately $640 billion, per the World Bank Group.

For credit professionals, NACM and FCIB’s six Professional Certification Programs are tried-and-true paths to professional development. Regardless of whether you’re new to credit or need a refresher, each certification provides the knowledge and skills bringing you closer to your education goals. 

NACM’s seasonally adjusted combined Credit Managers’ Index (CMI) for July 2025 improved 0.2 points to 54.3. “By the numbers, based on what has already occurred, the NACM Credit Managers’ Index is showing continued resilience,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.

The nature of credit and collections requires credit managers to always keep an eye out for risk on the horizon, whether it’s concern towards a customer’s persistent cash flow issues or a weariness towards extending credit in a country with growing geopolitical instability.

Georgia’s two-step process for pre-lien notices and lien waivers can challenge even the most experienced credit professionals. Missing any key deadline can result in a complete loss of lien rights, regardless of the money owed on construction projects. For example, failing to serve a Notice to Contractor by day 30, even by mistake, can cost you tens of thousands.

After 15 years of working in the credit industry, Tami Vitales, CBA, credit analyst at the Imagine Group (Shakopee, MN), decided to pursue her Credit Business Associate (CBA) designation.

India’s economy faces major headwinds as U.S. President Donald Trump imposes penalty for buying Russian goods on top of a 25% tariff. The tariff took effect August 1, after the previous 26% tariff introduced in April was paused following negotiations.

NACM and FCIB’s six Professional Certification Programs are the essential building blocks of a thriving credit career. Each designation builds on the last, equipping credit professionals with the skills and knowledge needed to navigate the business-to-business (B2B) credit landscape with confidence. 

After a period of strong growth in late 2023 and early 2024, the U.S. economy has shown signs of slowing. Gross domestic product (GDP) declined by 0.5% in Q1 2025, raising concerns about the country’s economic resiliency. Inflation rose to 2.7% year-over-year in June, up from 2.4%, while unemployment has remained stable between 4.0% and 4.2% since May 2024, according to the U.S. Bureau of Labor Statistics. Ongoing geopolitical tensions and regulatory changes continue to add uncertainty to the broader macroeconomic outlook.