GERMANTOWN, Md. -- Kaulkin Ginsberg Company’s (KGC) market research team released the KG Index for Q3 2017 with the goal of examining the effects of specific economic variables in the accounts receivable management (ARM) industry, relative to a base period of Q4 2007. The index focused on consumer bankruptcy filings, retail sales, official unemployment rate, and the home price index.
Q3 2017 came in at an index value of 114.88, which indicated that the ARM index grew by 0.3% on a quarter-over-quarter basis, with an annualized growth rate of 1.11%.
When asked about the KG Index, Michael Thomas, Senior Associate & Director of Research at KGC, explained, “As an owner, we believe this index helps you assess how the ARM industry has performed on a quarterly basis given corresponding economic conditions and facilitates the analysis of business cycles for the industry. You should be able to examine the performance of your business in relation to the KG Index to determine if your business is moving in line with the rest of the industry, which may support strategic planning and investment initiatives.”
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