November 6, 2025

NACM’s seasonally adjusted combined Credit Managers’ Index (CMI) for October 2025 improved 2.1 points to 54.5. “The index recovered most of last month’s drop and remains in expansion, but the statements made by respondents are worrying,” said NACM Economist Amy Crews Cutts, Ph.D., CBE. “The respondent comments are starkly negative, citing increased business failures and bankruptcies, lien filings and demands for extended terms.”

As a leader, it can be easy to focus on your own perspective. After all, you’re ultimately responsible for making key decisions. However, leadership isn’t just about giving orders; it’s about guiding your team and ensuring their needs are met.

Recent comments from Treasury Secretary Scott Bessent and the White House hint at plans to pause the new regulations introduced earlier this year with the Affiliates Rule, or the 50% Rule, amid ongoing talks with China.