NCS Credit Lien Index 2022 Q3
The Lien Index increased 4 points in Q3 2022, an 11% climb over Q2 2022. As expected, Q3 mechanic's lien activity rose 11% over Q2, and activity...
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.
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The Lien Index increased 4 points in Q3 2022, an 11% climb over Q2 2022. As expected, Q3 mechanic's lien activity rose 11% over Q2, and activity...
Down 12% over Q1 2024 and up 7% over Q2 2023, the Lien Index declined to 58 at the end of Q2.
The Lien Index ended 2023 at 55. This is an approximate 5% decline in activity from Q3 2023 and a 4% increase in activity compared to Q4 2022. Even...