US: Soft Retail Sales, Industrial Production, the Yield Curve>
Except for the employment report, much of the recent data on the US economy has been soft. Two more came out this morning. While it’s only one month, the data is weaker than we might have expected given our scenario of good growth for most of the year, but a possible recession in Q1 2020.
How Long Does It Take for Customers to Pay Invoices?
Euler Hermes’ study shows that after hitting a 10-year high in 2017, global average DSO fell by -1 day to 65 days in 2018, a sign of companies becoming more cautious in line with the global economic slowdown.
Protect Your Business with Accounts Receivable Insurance
Companies often fail to insure accounts receivables, leaving a major asset unprotected. Learn more about accounts receivable insurance and how coverage can help you protect your company against unpredictable risks.
North American Economic Roundup: April 2019 Employment
The US April employment report was quite strong and the Canadian employment report continued to demonstrate a very muscular labor market. Read more in Dan North's economic roundup for the month of April.
Surety: Powered by People
Surety is one of the few businesses where the product we sell - the bond - is exactly the same for all companies. People are a key differentiator. As our customers are becoming more diverse, the surety industry is challenged to increase diversity. Otherwise, we will be left behind.