In another category, the biggest (about half of the NACM's midcap survey base), companies "have been pretty conservative, have been paying attention to their accounts receivable, and seem in pretty good shape to take advantage of a recovery next year," says Kuehl.
Companies in the last category, including those in the health-care services, manufacturing, and energy sectors, never really experienced much of the recession because their goods and services have remained solidly in demand. When Kuehl talks to credit managers in the medical fields about credit risk, "they're almost embarrassed," he says. "They say, 'We're doing fine; the whole country is getting older and wanting health care.'"
Reader Comments» Post a comment