NCS Credit Lien Index 2024 Q1

The Q1 2024 Lien Index is 64. This is a 6.7% increase over Q4 2023 and 1.6% increase over the same time last year. This is the highest the Index has been since Q2 2020 (68).

Is it time to sound alarm bells? Considering the ongoing issues plaguing the industry (interest rates, supply chain, inflation etc.,) an increase in activity is expected. However, with the Index at near-pandemic levels, it is certainly cause for concern.

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