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 activity level is average for this time of year; nearly no change year over year. In fact, the anomaly over the last 18 months was Q1 2022, when mechanic’s lien activity hit its highest point since Q3 2020.
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