NACM’s Credit Manager’s Index (CMI) was featured in United Press International’s Executive Business Briefing issued June 3rd. The Briefing noted that the overall index has exceeded 50 in every month of its history (extending back to February 2002), and that the index for May was the fifth month in a row in which the service sector index was above 50, at 57.2, up from 56.7 in April.

The survey was developed to provide businesses a benchmarking and forecasting tool that looks at the entire cycle of commercial business transactions. Dow Jones newswires, Bank of Tokyo-Mitsubishi, Barron’s and several business journals have all run articles on the new CMI, and Bloomberg’s posts a copy of each month’s CMI in the member section of their web site.

The CMI is compiled from a survey of approximately 500 credit managers, with about equal representation between the manufacturing and service sectors. The index is calculated using a diffusion index methodology. Panel members are asked to respond to each question, as to whether performance this month is a) better b) worse or c) the same as last month.

Your participation in this survey is both welcome and encouraged; however, it is an ongoing monthly commitment. Sign up and take part in this news-making survey! Go to www.nacm.org and click the Survey Signup button.