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NCS Credit Lien Index Q2 2023

kalford July 21, 2023

NCS Credit Lien Index Q2 2023

The Lien Index decreased 16 points in Q2 2023 to 47. The significant decrease comes as the revised Q1 2023 Index skyrocketed to 63.

As anticipated, the revised* rate of activity for Q1 2023 skyrocketed to 63, resulting in a 19% increase in lien activity over Q4 2022.

Mechanic's lien activity decreased across all regions, with the West taking the largest dip and coming in 41% lower than the previous quarter.

Download the full report for details.

 

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Full vs. Unpaid Balance Lien States Explained

Learn how full price and unpaid balance lien states affect your mechanic's lien rights as a subcontractor or supplier - and how to protect them.

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