Tag: Economy

May 16, 2025

Week in Review

Canadian prime minister makes the economy his primary focus

Prime Minister Mark Carney, who took office on March 14, introduced his new cabinet recently and lamented their focus on the economy, as the strife brought about by tariffs and threats of annexation from the United States weighs on the nation.

May 15, 2025

Recession or not, be ready: Tips for credit managers in an uncertain economy

A recent contraction in the United States’ gross domestic product (GDP) is raising concerns for economists and credit managers as an early sign of recession. Meanwhile, inflationary pressures continue to weaken consumer sentiment, further contributing to a decline in market wealth.

May 8, 2025

eNews

Stability in face of fluctuating currency values

Credit managers are no strangers to change, with economies always fluctuating and markets changing at the drop of a hat. When it comes to the value of the U.S. Dollar, fluctuation can be more complex and create complications in international trade, leaving credit managers at odds with their customers overseas.

May 2, 2025

Week in Review

United States economy contracts as tariffs weigh on economy

The United States economy contracted by 0.3% in the first quarter of 2025, according to the Commerce Department, the first quarter of decline since 2022. The decline in gross domestic product (GDP) is due to a large surge in imports despite other parts of the economy slowing down, all while inflation remains high.

May 1, 2025

eNews

April CMI: Hard data indicating economic stability

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.

Apr 25, 2025

Week in Review

South Korea’s GDP contracts by 1%, signaling a cooling economy

South Korea’s economy is currently facing a period of slower growth, with the first quarter of 2025 experiencing a contraction of 0.1% in gross domestic product (GDP). This downturn is attributed to various factors, including heightened political uncertainty and crippling tariffs.

Apr 24, 2025

eNews

Credit managers weather the storms as agricultural industry faces headwinds

As challenging economic conditions plague all areas of the market, the agricultural industry appears to be consistently slumping as it endures a multi-year trough, testing the patience of credit managers across the industry. 

Apr 18, 2025

Week in Review

Japan’s economy continues to grow, but tariffs could complicate this

Japan’s economy has shown strength and growth so far this year, but the unpredictability of the brewing trade war and the broad-sweeping implications of tariffs from a major trade ally could slow the nation’s growth.

Apr 17, 2025

eNews

When bankruptcy comes calling: A creditor’s guide

Commercial Chapter 11 bankruptcy filings increased 20% year-over-year in March 2025. “The 20% rise in commercial Chapter 11 filings to 733, up from 611 last year, signals persistent economic pressure, mirrored by a 10% increase in total commercial filings to 2,727,” said Michael Hunter, Vice President of Epiq AACER.