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Only a few years ago, most macroeconomic data were of far less importance to credit professionals. The numbers were too broad and lagged too far behind reality to play a significant role in planning or decision-making. All of that has changed with the web, which now allows economists and credit analysts to collect, interpret and disseminate data almost instantly.
For almost every economy in the world, credit managers can monitor major economic indicators, including growth and inflation, which affect interest rates and risk factors. Credit managers can also track monetary policy, which affects the cost of financing and the pace of future economic activity. Because ...