Production/Collections Trends in 2010

Posted in: Analytics, Economy- Oct 20, 2009 Comments Off

Many of you have been asking about how unemployment may affect your production/collection trends throughout 2010. Unemployment rates trend upwards, even after a recession is over.  That’s because employers don’t usually start laying people off until well into a recession.  If their businesses are struggling, they’ll first look at improving their marketing campaigns, sales, etc.  [...]