Credit Managers’ Index (CMI) Archive

NACM’s seasonally adjusted combined Credit Managers’ Index (CMI) for April 2025 improved 0.7 points to 54.0. “The Credit Managers’ Index improvement currently reflects accelerated business activity ahead of new tariffs,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.

Credit managers are facing new challenges, as economic uncertainty, material shortages and the ever-looming threat of tariffs have stifled customers’ buying power, making it more difficult to predict and mitigate risk. With unpredictability in the market, it can be difficult for credit managers to fully gauge the degree of risk incurred with each transaction. 

Economic turmoil is straining cash flow for many businesses, while market instability continues to rise. In this climate, economic forecasts that provide perspectives into the health of the B2B world are increasingly valuable, as credit professionals rely on this information to anticipate and mitigate potential risks.

NACM’s Credit Managers’ Index (CMI) deteriorated 1.6 points to 53.3. “The CMI lost some momentum in March after last month’s solid improvement,” said NACM Economist Amy Crews Cutts, Ph.D., CBE. “The deterioration was broad-based, with six of ten factors declining from the February survey.”

Imagine leading an elite force of credit managers who don’t just react to challenges—they predict them. Picture a world where risks are identified before they escalate, where credit decisions are proactive rather than reactive, and where financial stability is achieved through calculated, strategic moves. These professionals navigate complex financial landscapes with confidence, ensuring that businesses can grow without being burdened by inefficient processes or unforeseen risks.

NACM’s Credit Managers’ Index (CMI) improved 1.9 points to 54.9 in February. This comes after two months of declines.

NACM’s Credit Managers’ Index (CMI) fell 1.1 points to 53.0 in January. Though the CMI has fallen for the last two months, it remains on the side of expansion.

NACM’s Credit Managers’ Index (CMI) fell 1.2 points to 54.1 in December. Coming off the 26-month high set last month, the weaker reading is driven by a large drop in sales revenue and dollars collected on due and past-due invoices.