NCS Credit Lien Index Q1 2023
The Lien Index decreased 4 points in Q1 2023 to 49, an 8% decrease from revised Q4 2022 and a 20% increase year over year.
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.
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The Lien Index decreased 4 points in Q1 2023 to 49, an 8% decrease from revised Q4 2022 and a 20% increase year over year.
The Lien Index decreased 8 points in Q2 2022, a 19% drop over Q1 2022. Despite the significant drop in mechanic's lien filings in Q2, the overall...
The Lien Index decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47...