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Press Releases
0.9% Increase in April is First of 2005 June 15, 2005: BETHESDA, MD - The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, has increased for the first time in 2005, rising 0.9% in April to 1205.3. While an increase in the number of bankruptcy filings placed significant downward pressure on the KGI, five of the seven variables contributing to the index reflected slightly better economic conditions for ARM companies. The KGI is also up 5.7% year over year. 
"What we see in the recent performance of the KGI is a groundswell of economic conditions that suggests a slightly more favorable operating environment for the companies in this industry," said Paul Legrady, Director of Kaulkin Ginsberg's Research Group. The seven variables contributing to the KGI changed as follows between March and April 2005.
The KGI is a product of Kaulkin Ginsberg's Research Group, which provides industry-specific publications and custom research services to the ARM industry. The Research Group recently published the 6th Edition of the Kaulkin Report, the authoritative reference on the ARM industry. For more information about the Kaulkin Ginsberg Index, visit www.kaulkin.com/research/kgi.cfm or call Paul Legrady, Director of Kaulkin Ginsberg's Research Group, at 301-907-0840 ext. 104. About Kaulkin Ginsberg Company |
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