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Credit Managers Feel Grim.
Columbia, MD-The National Association of Credit Managers monthly index continued to decline in November, dropping well below the threshold considered to represent a contracting economy.
The overall index slid to 42.2 in November, down 2.6 points from October. Any reading below 50 is considered to represent declining economic conditions.
Daniel North, chief economist with credit insurer Euler Hermes, prepares the monthly ...
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Source: HighBeam Research, Credit Managers Feel Grim.