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<a href="http://www.accessmylibrary.com/article-1G1-132678343/nacm-credit-manager-index.html" title="Facts and information about NACM Credit Manager's Index: report for March 2005.(CREDIT MANAGER'S INDEX)(Brief Article)">NACM Credit Manager's Index: report for March 2005.(CREDIT MANAGER'S INDEX)(Brief Article)</a>
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NACM Credit Manager's Index: report for March 2005.(CREDIT MANAGER'S INDEX)(Brief Article)
As the first quarter of 2005 came to an end, growth in both the manufacturing and service sectors pushed NACM's Credit Manager's Index (CMI) higher, finishing up 280 basis points, from 55.6 percent to 58.4 percent. This was the third consecutive growth period for the CMI and the highest level attained since August 2004, when the CMI finished at 59.0 percent.
The index of favorable factors continued its upward climb, finishing at 67.8 percent, a 760 basis point gain over February 2005. Significant gains were made in both sectors. The growth in the manufacturing sector was fueled by a 1,320 basis point gain in "dollar collections," while in the service sector, "sales," "amount of credit extended" and "new credit applications" ...
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