NACM Connect

NACM Connect

Illinois Construction Stuff and Stuff (12)

Are you interested?   The interesting thing I am interested in talking about is … (drum roll) … interest. Particularly finance charges.   In the construction industry, finance charges are a topic many walk carefully around, while others, like yours…

Economic Reconnaissance | Some Notes on the Current Economy

Economy

Q3 Real GDP estimates showed surprising growth of 4.9%, largely on the back of stable consumer spending, strong nonresidential construction, some mild inventory building activity, and government spending. Forecasts for next year show a weaker Q1 and Q2 potentially. Manufacturing…

Nurturing Excellence: The Transformative Power of Mentorship

All of us start our careers as a new professional with little-to-no experience, hungry for educationand excited for what lies ahead. Mentorship is the bedrock of professional growth and developmentin the modern workplace. It is the bridge between experience and…

Illinois Construction Stuff and Stuff (11)

A few years I snuck into another trade group that was not affiliated with NACM. Shhh, I’m not cheating on NACM. Our marriage is still safe. I’ve been in many other groups over the years, like the Association of Credit…

Why Associations Matter to Modern Members

Associations, like the National Association of Credit Management (NACM), play a pivotal role in fostering professional development by serving as hubs for networking, knowledge exchange, and collectivegrowth. In the modern landscape, the role of association members has evolved significantly. Activeinvolvement,…

Illinois Construction Stuff and Stuff (10)

One of my favorite things about being in credit … other than the fact I’m not in sales … is weapons. Yeah, weapons. No, not the Second Amendment stuff, but weapons that help me do my job. I was thinking…

Economic Reconnaissance | Oil World in Flux

There has been a lot of ferment in the oil and gas sector of late. That was before the outbreak of open war between Israel and the extreme militants in Hamas. Within hours the per barrel price soared by over…

What is Going On in the Automotive Sector?

Automotive Industry

The dominant story in the vehicle sector at the moment is the UAW strike and as one would expect the situation changes by the hour. The strike that has been called affects Ford, General Motors and Stellantis (Chrysler). This is…