Payment Behavior Index (PBI) shows deteriorating conditions

2/24/2016 - Report
ic_blogtagInsolvency and Payment RiskUnited StatesInsolvencyPayment Terms
Euler Hermes' Payment Behavior Index (PBI) fell by 6.4 points over the past year, indicating a higher incidence of past due receivables, also consistent with slower GDP growth in Q4 2015 vs. Q4 2014.

Nationwide bankruptcies are expected to rise by 3% in 2016 after six straight years of declines.

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Payment Behavior Index (PBI) shows deteriorating conditions - Report