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.
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