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Press Releases
Reading Suggests Friendly Economic Conditions for ARM Industry August 15, 2005: BETHESDA, MD - The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, has reached an all-time high of 1303.1. Since its inception in January 2000, the Index has added more than 30% to its original value for the first time. In the past twelve months alone, the KGI has increased 16.4%. 
"It has been at least five and a half years since overall economic conditions were more friendly to collection agencies, debt buyers and collections law firms," said Paul Legrady, Director of Kaulkin Ginsberg's Research Group. "This suggests that 2005 could be an excellent year for many companies in this industry." In recent months, one or two of the Index's variables were mainly responsible for the upward movement of the KGI. The KGI's most recent increases can be attributed to all seven of its variables. Not one of these variables placed downward pressure on the Index in June 2005, the month for which the most recent economic information is available.
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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