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NCS Credit Lien Index Q4 2023

kalford January 26, 2024

NCS Credit Lien Index Q4 2023

The Lien Index ended 2023 at 55. This is an approximate 5% decline in activity from Q3 2023 and a 4% increase in activity compared to Q4 2022. Even though activity has slowed over Q3, lien activity remains above 50, signaling payment issues on projects nationwide. The Index is predicted to stay over 50 in early 2024, as new construction starts aim to recover from a turbulent Q4. With fewer projects starting, cash flow challenges will surface in areas such as aggressive bidding, putting additional pressure on razor-thin margins. Download the full report for details.

 

Healthcare Bankruptcies Are Rising: A Risk to Suppliers

Healthcare bankruptcies are up 300%+ since 2010. See what unsecured creditors really recover — and how a UCC filing changes the outcome. Free download.

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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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Mechanic's Lien Recovery by State: Full Balance vs. Unpaid Balance

Download this resource to see which states are full pay vs. unpaid balance lien states, and learn why timing your mechanic's lien filing matters.

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