By Kendall Payton on Friday, 04 August 2023
Category: Nacm Blog

Customers Are Struggling to Pay, July CMI Shows

 📉 NACM's Credit Managers' Index fell 2.6 points in July to 52.4, nearly erasing the jump seen in June. NACM Economist Amy Crews Cutts says the decline can be linked to major drops in three factors—sales, dollar collections and dollar amount beyond terms.

Hear more on today's episode of Extra Credit!

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