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Credit Managers’ Index (CMI) Archive

Nov 2, 2023

Customer Payments Are Slowing, CMI Shows

NACM’s Credit Managers’ Index (CMI) fell 1.4 points to 51.2 in October. The CMI remains just barely in expansion territory above 50 and its lowest levels seen outside of a recession, said NACM Economist Amy Crews Cutts, Ph.D., CBE.
Oct 12, 2023

You Are an Economic Fortune Teller

Credit managers have a special skill that no other professional has—the ability to predict the future. But it’s not based on magic.
Oct 5, 2023

Economy Flirts with Recession, CMI Shows

NACM’s Credit Managers’ Index (CMI) gained 1.8 points to 52.6 in September. The improvement is welcome, but the CMI appears stuck on the precipice of a recession in business activity, said NACM Economist Amy Crews Cutts, Ph.D., CBE.
Jun 1, 2023

US Economy Under Significant Pressure, CMI Shows

NACM’s Credit Managers’ Index slipped 1.6 points in May to 52.2, nearly erasing three months of improvement. This indicates the economy could collapse under the mounting pressure of lingering debt ceiling issues, interest rate hikes and continued stress in the banking sector, said NACM Economist Amy Crews Cutts, Ph.D., CBE.
Sep 29, 2022

September CMI Edges Slightly Upward, Tone Worsens

The September NACM Credit Managers’ Index rose slightly from its two-year low from a reading of 55.0 to 55.6. While the small improvement is encouraging, many respondents have a more urgent tone when describing business conditions, said NACM Economist Amy Crews Cutts, Ph.D., CBE.