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Credit Managers' Index
The Credit Managers' Index (CMI) is a monthly economic indicator of financial activity reflecting credit managers' responses to levels of favorable and unfavorable factors. The measure has been sourced in stories from publications such as the ''Wall Street Journal'', ''CFO'' and ''Bloomberg''. Tracked since February 2002, the CMI is produced by the National Association of Credit Management (NACM) and is currently conducted by Armada Corporate Intelligence's Chris Kuehl, who also serves as NACM's economic advisor. The CMI is compiled through a voluntary poll of credit and finance professionals in the service and manufacturing sectors. The CMI results generally are released on the last business day of each month. A CMI number of more than 50 indicates an economy in expansion; less than 50 indicates contraction. Unlike many economic indexes, the CMI resisted the month-to-month swings during the most recent economic downturn. The index accurately signaled that the economic plunge was ...
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National Association Of Credit Management
The National Association of Credit Management (NACM) is a United States non-profit organization based in Columbia, Maryland that promotes standards for the business-to-business credit profession. , NACM had more than 15,000 members, primarily of credit and financial executives representing manufacturers, wholesalers, financial institutions, and service organizations. The trade association specializes in education for its membership, advancement of credit industry practices as well as business credit and accounts receivable management products and services. NACM’s education, training and professional certification programs include the Credit Business Associate (CBA), Credit Business Fellow (CBF), the Certified Credit and Risk Analyst (CCRA) and Certified Credit Executive (CCE) designations, among others. NACM’s annual conference, Credit Congress, is the industry's largest gathering of credit professionals. Robin Schauseil is the group's president. The current national chairma ...
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