Payment Behavior Index (PBI) shows deteriorating conditions

U.S. companies’ payment behavior is deteriorating. Euler Hermes’ Payment Behavior Index (PBI) fell by 3.6 points over the past year, indicating a higher incidence of past due receivables, also consistent with slower GDP growth in Q3 2015 vs. Q3 2014. Past dues increased by +6% year on year, with metals under pressure from the drop in oil field investment, and from the stronger dollar which also pressured electronics prices. Find the key figures and the outlook in this document.

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