NACM Credit Managers Index Continues Its Decline in September
Breaking away from the roller coaster ride seen over the last few months, the September report of the Credit Managers’ Index from the National Association of Credit Management (NACM) continued to decline, resulting in the lowest combined index of the last year.
The index of unfavorable factors was mostly to blame for the overall drop, with four of the six categories falling below the 50.0 contraction zone.