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NCS Credit Lien Index Q3 2024

kalford October 24, 2024

NCS Credit Lien Index Q3 2024

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.

As lien activity slows, payments have improved over last quarter. However, an Index of 54 confirms payment issues remain. In addition to the typical pain points like high material costs and high interest rates, we are now met with the uncertainty of the election season.

Download the full report for details.

 

How to Secure Credit with UCCs as Default Rates Rise

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Learn the differences between conditional & unconditional lien waivers, when rights are released, how waiver language & state laws impact enforceability.

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Podcast: How Price Escalation Clauses Protect Subcontractors

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