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.
The Lien Index increased slightly to -9.03% in Q3, up approximately .5% over Q2. Throughout Q3, national mechanic’s lien activity remained relatively flat, though there were some significant changes regionally. We anticipate an increase in mechanic’s lien activity in Q4. Although a Q4 increase would be in line with seasonal trends, the industry will continue to contend with the strain on the costs and availability of materials and labor. Download the full report for details.
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.
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 decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47...