Credit Managers' Index confirms industry fears

October 2012
Credit Management;Oct2012, p9
Trade Publication
The article focuses on the declining economic trend in Great Britain. According to the Quarterly Credit Managers' Index (CMl), the manufacturing sector has suffered a relapse because its index dropped by four points to 49.2 while the services index is still at positive points. It further states that two factors which have resulted in declining economic status include decrease in sales and order and decrease in credit applications.


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