NCS Lien Index 2021 Q4
The Lien Index jumped to 19.7% in Q4. Throughout Q4, national mechanic’s lien activity rose across all regions, though most significantly in the Midwest. The increased lien activity was as expected, and we anticipate high lien activity to continue into Q1 2022.
Material costs, supply chain breakdowns, and labor shortages are continuing to pressure the industry and impede production schedules, and while the suggestion of an increase in interest rates in 2022 may combat inflation it will likely strain cash flow.
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