The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, decreased 0.6% in March to 1222.4. The index was up 2.4% year over year.
?We predict again that next month?s results will jump with the government?s announcement of decreases in the number of bankruptcy filings,? said Paul Legrady, Director of Kaulkin Ginsberg?s Research Group.
The Index?s slight decrease in March was caused by the following factors:
|
Variable |
March 2006 * |
Variable Change * |
Effect on KGI * |
|
Unemployment Rate |
4.7% |
3.1% |
Up |
|
Federal Funds Rate |
4.59% |
2.2% |
Up |
|
Charge-off Rate |
0.52% |
0% |
– |
|
Outstanding Consumer Credit |
$2.16T |
0% |
– |
|
Total Market Cap of ARM Stocks |
$3.12B |
-2.6% |
Down |
|
Bankruptcy Filings |
667,431 |
0% |
– |
| Consumer Price Index |
199.8
|
0.6%
|
Up
|
|
* See “How is the KGI Calculated”, http://www.kaulkin.com/research/kgi/calculate.cfm |
|||
The KGI is a product of Kaulkin Ginsberg’s Research Group, which provides industry-specific publications and custom research services to the ARM industry. For more information about the Kaulkin Ginsberg Index, see www.kaulkin.com/research/kgi.cfm or call Paul Legrady, Director of Kaulkin Ginsberg’s Research Group, at 301-907-0840 ext. 104.
