NCS Credit Lien Index Q2 2024

kalford Jul 26, 2024 12:00:00 AM

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.

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Jul 21, 2023 12:00:00 AM

The Lien Index decreased 16 points in Q2 2023 to 47. The significant decrease comes as the revised Q1 2023 Index skyrocketed to 63.

Jul 27, 2022 12:00:00 AM

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...

Oct 24, 2024 12:00:00 AM

The Lien Index declined to 54 at the end of Q3, down 6 points from the revised Q2 Index of 60 and down 4 points over Q3 2023.