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NCS Credit Lien Index Q2 2024

kalford July 26, 2024

NCS Credit Lien Index Q2 2024

Down 12% over Q1 2024 and up 7% over Q2 2023, the Lien Index declined to 58 at the end of Q2.

The decrease indicates payment issues have improved over last quarter, though an Index over 50 confirms payment issues remain.

Unsurprisingly, the core pain points haven’t changed: high costs for materials, steep interest rates, and increased risk of debtor defaults.

Download the full report for details.

 

How to Get Payment Bond Information on a Federal Project

Need payment bond details for a federal construction project? Learn how to access this crucial information directly from the government & protect your payments.

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Case Study: Hundreds of Projects. One Spreadsheet. A Better Way Forward.

Explore advanced lien tracking solutions tailored for seamless ERP integration. Boost productivity & simplify processes to effectively manage construction credit.

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Podcast: Lien Waivers for Contractors & Subcontractors

Tune into our podcast with construction attorney Mark Grzymala to discover the types of lien waivers for contractors and subcontractors, when to sign, and more.

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