http://blog.cortera.com/2009/06/02/signs-of-a-recovery-in-sight/ Tips, advice and best practices for business credit pros. Mon, 09 May 2011 19:05:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://blog.cortera.com/2009/06/02/signs-of-a-recovery-in-sight/comment-page-1/#comment-856 Surprising Auto Industry Metrics « Net 30 Blog | Cortera Wed, 28 Jul 2010 19:17:53 +0000 http://blog.cortera.com/?p=27#comment-856 [...] the progress shown above, the industry is still hurting; remember that on Tuesday, I posted that the benchmark past-due percentage across all industries is 12.95% .  A/R currency [...] [...] the progress shown above, the industry is still hurting; remember that on Tuesday, I posted that the benchmark past-due percentage across all industries is 12.95% .  A/R currency [...]

]]> http://blog.cortera.com/2009/06/02/signs-of-a-recovery-in-sight/comment-page-1/#comment-497 F. Aaron Ford Wed, 03 Jun 2009 21:58:10 +0000 http://blog.cortera.com/?p=27#comment-497 While I see the logic associated with these numbers, my experience has been the opposite in the consumer lending arena. While it is true that many industries will see positive trending as you discussed, the average consumer will usually hesitate longer to respond, ensuring that the movement will have a positive hold. In light of the recent economic upheavals we have seen, I predict that consumer confidence will lag at least 6 to 12 months behind. While I see the logic associated with these numbers, my experience has been the opposite in the consumer lending arena. While it is true that many industries will see positive trending as you discussed, the average consumer will usually hesitate longer to respond, ensuring that the movement will have a positive hold. In light of the recent economic upheavals we have seen, I predict that consumer confidence will lag at least 6 to 12 months behind.

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