Categoría: Geovanny Vicente

ANN ARBOR, Mich., March 3, 2021 /PRNewswire/ — The most populous cities in the Great Lakes, and several former manufacturing hubs, face serious challenges from climate, unemployment, and lower quality of life –– but can enhance their livability for people and nature if they route more funding and investment into green infrastructure, according to a new study. Led by San Francisco based sustainable investing expert HIP Investor, Inc. (HIP) and supported by national consulting firm Environmental Consulting & Technology, Inc. (ECT), this report is one of the products of a coalition named the Resilient Infrastructure Sustainable Communities (RISC).

The newly released report, «Climate Risks and Opportunities in the Great Lakes Region,» (https://www.risc.solutions/toolkits-and-reports/), developed by leaders in sustainability, engineering, and climate action, focuses on the importance of intervention opportunities. These include the risk of flooding and other climate risks; workforce development opportunities such as the re-hiring of existing and skilled workers; closing the gaps in health and wealth, especially in communities of color; and innovative funding sources to pay for these improvements and projects.

The research was focused on the eight U.S. Great Lakes states, comprising 653 counties, and in particular the 216 counties within the Great Lakes Basin. The analyses integrated over 100,000 data points of 15 factors to create an innovative composite scoring system. This study evaluated items such as flood risk, impervious surfaces, unemployment rates, skilled worker density, health and well-being, vulnerability index, and financing capacity – into one overall score of readiness for implementing green stormwater infrastructure. The final readiness score was found to have a strong correlation with diversity of the population, i.e., people of color.

«Communities across the Great Lakes basin are threatened by the changing climate, and threats are not affecting communities equally,» says Steve Cole, vice president of programs at the Great Lakes Protection Fund, which supported this work. «This report illustrates where vulnerable populations are, and where conditions are favorable to increase community resilience by investing in green stormwater infrastructure. These investments could bring much-needed attention and new jobs to underserved communities while mitigating the environmental risks they face.»

RISC is led by ECT, and includes collaborators from across the country, including HIP, New York based climate-action nonprofit CDP, Chicago-based community-expert Center for Neighborhood Technology (CNT) and think/action-tank The Delta Institute, and Ann Arbor area based American Society of Adaptation Professionals.

«Accelerating talk and action on important investments will help strengthen our communities, people and nature,» says Sanjiv Sinha, Ph.D., RISC’s Project Leader and a senior vice president at ECT, «Members of the RISC team are currently engaged in the greater Milwaukee and Buffalo regions on large-scale investments in green stormwater infrastructure, and other priority regions can benefit from their models.»

«Funding and financing climate action, especially in the Great Lakes, is lagging the visionary goals that many cities, counties, and states have set, such as 100% greenhouse gas reductions by 2030,» says R. Paul Herman, CEO of sustainable-investing expert HIP Investor Inc. and a coauthor of the report. «Investing in green infrastructure today can create green jobs, stronger communities, and more resilience, which also fulfill the U.N. Sustainable Development Goals.»

 Leading candidates for critical green stormwater infrastructure investment include:

• Cleveland metro area and Cuyahoga County, Ohio;
• Milwaukee metro area and Milwaukee County, Wisconsin;
• Chicago metro area and Cook County, Illinois; and
• Detroit metro area and Wayne County, Michigan.

Smaller cities and mid-sized counties are prime candidates as well:

• Lucas County, Ohio;
• Lake County, Indiana;
• Ingham County, Michigan;
• Erie County, Pennsylvania;
• Isabella County, Michigan; and
• St. Joseph County, Indiana.

(The report provides ranked data on all 653 counties in the US Great Lakes region.)

«The focus on equity and equality in cities and communities is essential, as the analysis in the report shows,» says Ron Harris, Chief Resilience Officer of the City of Minneapolis, and member of the leadership cluster for RISC. «Cities are increasingly tasked with solving major, competing issues. Cities that do not become fully equitable will always be in a recovery mode.»

The full report provides lists, maps and graphics to tell the story of the communities most in need of action to survive the climate and engage their workforces.

Further details on RISC’s work can be accessed at www.risc.solutions.

The Great Lakes Protection Fund is a permanent, private, not-for-profit corporation that launches innovative solutions to improve the health of the Great Lakes. Since 1989, the Fund has awarded more than $90 million in support to catalyze the continuous development of new technologies and practical regional actions to improve the health of the Great Lakes. Learn more about the Fund: http://glpf.org/.  

Environmental Consulting & Technology, Inc. (ECT), is an employee-owned environmental consulting firm that provides practical solutions to complex challenges in power and energy, industrial, governmental, public private partnerships, and real estate markets. With professionals across 23 offices throughout the United States, ECT provides expertise in the areas of natural resources, air quality, water resources, compliance and site remediation. Learn more about ECT at: https://www.ectinc.com/about-us

HIP (Human Impact + Profit) Investor, Inc. is a leading provider of ratings, metrics, and data to investors seeking impact, including climate action. HIP annually transforms 5 million data points on people, planet, and trust into 130,000 impact ratings of 115,000 governments and non-profits, 10,000 global corporations, and 1,000 investment funds. HIP advises cities and counties on how to fund and finance climate action. HIP manages investment portfolios for climate action, great workplaces, sustainable real-estate. Learn more about HIP: www.HIPinvestor.com 

Contacts: Mike Scott, MCCI for ECT, 248.766.9482, mscott@mccicorp.com 
Carolyn Artman, MCCI for ECT, 313.269.4729, cartman@mccicorp.com 

View original content:http://www.prnewswire.com/news-releases/new-report-provides-priority-list-for-flood-risks-and-green-infrastructure-investments-in-the-great-lakes-region-301239879.html

SOURCE Environmental Consulting & Technology (ECT)

Earth Week will also see Multiple Days Of Climate Action

On Earth Day, April 22, global activists, international leaders, and influencers will come together for the second-annual multi-hour Earth Day Live

WASHINGTON, March 3, 2021 /PRNewswire/ — EARTHDAY.ORG along with lead organizers Education International, Hip Hop Caucus, and Earth Uprising are organizing three separate parallel climate action summits on April 20 and 21 ahead of the Biden Administration’s global leaders’ climate summit. The parallel summits are focused respectively on climate literacy, environmental justice, and a broad range of youth-led climate-focused issues. Earth Week will also bring thousands of groups and millions of voices together to stand up for climate action and bring awareness to humanity’s greatest existential threat. On Earth Day, EARTHDAY.ORG will bring together its partners, activists, educators, researchers, musicians, artists, influencers and more for its second-annual Earth Day Live.

«This Earth Day, we have an important opportunity to challenge world leaders to see climate change for what it is – a pressing global security threat, one that threatens everyone and everything but particularly our most vulnerable people and places,» Kathleen Rogers, President of EARTHDAY.ORG, said.

April 20
The three days of climate action begin on April 20 with the global youth climate summit led by Earth Uprising, in collaboration with My Future My Voice, OneMillionOfUs and hundreds of youth climate activists. The global youth summit will consist of panels, speeches, discussions, and special messages with today’s youth climate activists including Greta Thunberg, Alexandria Villaseñor, and Licypriya Kangujam. The four-hour digital summit will address the progress that has been made on their main issues of concern, including the creation of green jobs, climate literacy, civic skill training, environmental justice, biodiversity protection and sustainable agriculture. In the lead up to the event, the youth organizers will put together a short list of demands that they want addressed at the Biden Administration’s climate summit.

«President Biden bringing together world leaders to discuss climate change on Earth Day is a major turning point in global climate action! This youth-led summit will bring together global youth climate activists to prepare a message for President Biden on the eve of his historic summit. Youth around the world are experiencing some of the worst effects of climate change right now. We’re suffering from extreme weather, pollution, civil unrest, and the loss of lives and livelihoods. Our summit will identify the key issues and solutions most important to youth. The future of our generation is at stake and it’s important for our voices to be heard!» Alexandria Villaseñor, Founder of Earth Uprising said.

«World leaders need to see climate change as an urgent political issue. The world is already experiencing adverse extreme weather events like floods, droughts, heat waves, cyclones, locusts and extremely polluted air at the same time. These are all the impacts of climate change. The United States must take a leadership role in the shift to sustainable production and consumption to end this crisis and shift from the carbon economy to the green economy. It must put in place policy that would draw investment into resource efficiency and reduction of waste. In doing so, it will provide a template for other developing countries as well,» Licypriya Kangujam, 9-year-old Climate & Environmental Activist said.

On the evening of April 20, the Hip Hop Caucus and its partners will present the «We Shall Breathe» virtual summit. This digital event will examine climate and environmental justice, connecting the climate crisis to issues of pollution, poverty, police brutality, and the pandemic, all within a racial justice framework.

«Climate and environmental justice were on the ballot in November. The same Black and Brown voters that decided the election for President Biden, are the same communities that have been most impacted by environmental injustice and who are most threatened by climate disaster. This Earth Day, we expect President Biden to reinforce our affirmation that ‘We Shall Breathe’ by announcing bold climate action based on equity and justice domestically and globally,» Rev. Lennox Yearwood Jr., President and Founder, Hip Hop Caucus said.

April 21
On April 21, Education International will lead the «Teach for the Planet: Global Education Summit.» The multilingual virtual summit will span several time zones and feature prominent activists from every continent, focused on the crucial role that educators play in combating climate change and why we need transformative climate education now.

Susan Hopgood, President of Education International, said, «The fight against climate change must have an education face and a teacher’s voice in every area of the world. The planet is in crisis and I strongly believe that teachers and educators have a critical role to play in combating the environmental destruction, human suffering and social injustice that will certainly occur if climate change continues at current rates.»

«Teachers know that the most important long-term investment our societies can make towards a sustainable future is ensuring every student is literate about climate science and equipped with the civic knowledge and skills to change course,» David Edwards, General Secretary, Education International said. «All world leaders must commit to creating the necessary educational space and resources so that students learn the world’s most important lesson. In launching this campaign, the world’s educators are determined to realize our students’ right to know, do and exist.»

April 22
Parallel to the Biden Administration’s global climate summit, EARTHDAY.ORG will produce its second Earth Day Live digital event on April 22. The multi-hour multi-channel livestream will include segments taking place around the world starting at noon Eastern Time. Workshops, panel discussions, and special performances will focus on Earth Day’s 2021 theme, Restore Our Earth, which examines natural processes, emerging green technologies, and innovative thinking that can restore the world’s ecosystems. Topics will include climate and environmental literacy, climate restoration technologies, reforestation efforts, regenerative agriculture, equity and environmental justice, citizen science, cleanups, and beyond. World climate leaders, grassroots activists, nonprofit innovators, thought leaders, industry leaders, artists, musicians, influencers, and more will be involved.

For more information about Earth Day 2021, please visit: https://www.earthday.org/earth-day-2021/

About EARTHDAY.ORG
EARTHDAY.ORG’s mission is to diversify, educate, and activate the environmental movement worldwide. Growing out of the first Earth Day (1970), EARTHDAY.ORG is the world’s largest recruiter to the environmental movement, working with more than 150,000 partners in nearly 192 countries to build environmental democracy. More than 1 billion people now participate in Earth Day activities each year, making it the largest civic observance in the world. Learn more at: https://www.earthday.org

About Hip Hop Caucus
Formed in 2004, the Hip Hop Caucus (HHC) is a non-profit, non-partisan organization that leverages Hip Hop culture to encourage young people to participate in the democratic process. Through a collaborative leadership network, HHC addresses core issues affecting underserved communities. HHC programs and campaigns support solution-driven community organizing led by today’s young leaders. Learn more at: www.hiphopcaucus.org

About Education International
Education International is the global voice of educators and the world’s largest, most representative global organization of education unions. With more than 32.5 million members in 384 organizations in 178 countries and territories, Education International works to promote peace, democracy, social justice and equity through education and the collective strength of teachers and education employees. Learn more at: https://www.ei-ie.org

About Earth Uprising
Earth Uprising is a global, youth-led non-profit organization focused on climate education, climate advocacy, and youth mobilization. Through its strong network of activists from all around the world, partnerships with other groups, and local, national, and international campaigns and actions, it aims to bring attention to, and spur action based on the latest science regarding the climate crisis. Earth Uprising provides the tools, resources, and connections young people need to take direct action in their communities. Learn more at earthuprising.org

View original content:http://www.prnewswire.com/news-releases/earthdayorg-and-global-partners-unite-for-three-parallel-climate-summits-301239855.html

SOURCE EARTHDAY.ORG

BETHESDA, Maryland, 3 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Los Institutos Nacionales de Salud han lanzado un nuevo esfuerzo de investigación para entender cómo el SARS-CoV-2, el virus que causa la COVID-19, afecta a los niños, que representan aproximadamente el 13 % del total de los casos de COVID-19 en los Estados Unidos. El esfuerzo se conoce como «Colaboración para evaluar el riesgo e identificar los resultados a largo plazo para los niños con COVID (Caring for Children with COVID)». Este programa de investigación está desarrollando y financiando estudios para investigar por qué algunos niños tienen mayor riesgo de infección por SARS-CoV-2 que otros, por qué los síntomas varían entre los niños que están infectados y cómo identificar a los niños en riesgo de contraer una enfermedad grave a causa de la infección con el SARS-CoV-2. La investigación sobre esta última pregunta se centra particularmente en el síndrome inflamatorio multisistémico en niños (MIS-C), una afección potencialmente mortal caracterizada por una inflamación grave de una o más partes del cuerpo, incluidos el corazón, los pulmones, los riñones, el cerebro, la piel, los ojos o los órganos gastrointestinales.

El programa está dirigido por el Instituto Nacional del Corazón, los Pulmones y la Sangre (NHLBI) y el Instituto Nacional de Salud Infantil y Desarrollo Humano Eunice Kennedy Shriver (NICHD), en colaboración con el Instituto Nacional de Alergias y Enfermedades Infecciosas (NIAID). La investigación realizada a través de CARING for Children with COVID está respaldada en parte por la Ley de Ayuda, Alivio y Seguridad Económica por el Coronavirus.

«Este esfuerzo se deriva del compromiso de los Institutos Nacionales de Salud por comprender el espectro de riesgo que el SARS-CoV-2 representa para los niños y tratar de identificar intervenciones para mejorar sus resultados de salud a corto y largo plazo», dijo la doctora Diana Bianchi, directora del NICHD y copresidenta CARING for Children with COVID.

Según los datos actuales, la mayoría de los niños con infección por SARS-CoV-2 no desarrollan una enfermedad grave. Sin embargo, aquellos que desarrollan MIS-C pueden experimentar fiebre prolongada y dolor abdominal intenso con la posibilidad de que la enfermedad progrese hasta el estado de shock. Aunque la mayoría de los niños con MIS-C sobreviven, su causa y sus efectos a largo plazo siguen siendo en gran parte desconocidos. También existe evidencia preliminar de que algunos niños con una infección asintomática o leve pueden desarrollar síntomas a largo plazo como fatiga, dolor muscular y articular y problemas respiratorios.

«Si bien gran parte de la devastación causada por la COVID-19 afecta a las poblaciones mayores y vulnerables, este virus está afectando a los niños de formas que apenas estamos empezando a comprender», señaló el doctor Gary Gibbons, director del NHLBI y copresidente de CARING for Children with COVID. «Por eso esta investigación y estas redes son tan importantes».

Específicamente, el programa desarrolló protocolos de investigación nuevos para tres redes clínicas con sedes en todo el país, para incluir a niños con infección por SARS-CoV-2 y afecciones relacionadas, incluido el MIS-C:

• Resultados a largo plazo del síndrome inflamatorio multisistémico en niños (MUSIC). Financiado por el NHLBI y aprovechando la Red Pediátrica del Corazón, este estudio se centra en las complicaciones cardiovasculares del MIS-C, pero también recopila datos sobre todos los aspectos de la salud infantil y adolescente en los participantes afectados.
• Farmacocinética, farmacodinámica y perfil de seguridad de los medicamentos subestudiados administrados a los niños según el estándar de atención (POPS). Financiado por el NICHD y aprovechando la Red de Ensayos Pediátricos, este estudio se centra en comprender el tratamiento de los niños diagnosticados con COVID-19 o MIS-C con medicamentos que han demostrado ser prometedores en adultos con COVID-19.
• Red inmunitaria de investigación pediátrica sobre el SARS-CoV-2 y el MIS-C (PRISM). Patrocinado y financiado por el NIAID, este estudio tiene como objetivo evaluar los resultados de salud a corto y largo plazo de la infección por SARS-CoV-2 en niños, incluido el MIS-C, y caracterizar las vías inmunológicas asociadas con diferentes presentaciones y resultados de la enfermedad.

CARING for Children with COVID también incluye la Predicción de la gravedad de la enfermedad inflamatoria asociada a virus en niños con diagnósticos de laboratorio e inteligencia artificial (PreVAIL kIds), un programa de investigación financiado para fomentar el desarrollo de enfoques que identifiquen a los niños con alto riesgo de desarrollar MIS-C. PreVAIL kIds está financiado por el Programa Radical (RADX-rad) de Aceleración Rápida de Diagnósticos (RADx) de los NIH para respaldar enfoques nuevos y no tradicionales y usos reinventados de las herramientas existentes para resolver las deficiencias en las pruebas y la vigilancia del COVID-MIS-C.

Aunque los estudios respaldados por CARING for Children with COVID tienen objetivos ligeramente diferentes, todas las investigaciones recopilarán datos sobre un conjunto básico de medidas de salud que luego se podrán analizar en todos los estudios. Los datos de las actividades de CARING for Children with COVID estarán disponibles en las múltiples plataformas web de los NIH para permitir a los investigadores realizar análisis adicionales y hacer más descubrimientos.

Podrá encontrar más información sobre la iniciativa en el sitio web de CARING for Children with COVID: Caring4KidsWithCOVID.nih.gov.

Acerca del Instituto Nacional de Salud Infantil y Desarrollo Humano Eunice Kennedy Shriver (NICHD): El NICHD lidera la investigación y la capacitación para comprender el desarrollo humano, mejorar la salud reproductiva, mejorar la vida de niños y adolescentes, y optimizar las habilidades para todos. Si desea más información, visite https://espanol.nichd.nih.gov.

Acerca del Instituto Nacional del Corazón, los Pulmones y la Sangre (NHLBI): El NHLBI es el líder mundial en la investigación de enfermedades cardíacas, pulmonares y sanguíneas y trastornos del sueño que impulsa el conocimiento científico, mejora la salud pública y salva vidas. Para obtener más información, visite www.nhlbi.nih.gov. 

Acerca de los Institutos Nacionales de la Salud (NIH): NIH, la agencia de investigación médica de los EE. UU., incluye 27 institutos y centros, y es un componente del Departamento de Salud y Servicios Humanos de los EE. UU. NIH es la principal agencia federal que realiza y apoya investigaciones médicas básicas, clínicas y traslacionales, y que investiga las causas, los tratamientos y las curas para enfermedades comunes y raras. Para obtener más información sobre los NIH y sus programas, visite https://salud.nih.gov.

 

 

FUENTE Eunice Kennedy Shriver National Institute of Child Health and Human Development; National Institutes of Health (NIH)

HEALDSBURG, Calif., March 3, 2021 /PRNewswire/ — White Pine Renewables is pleased to announce the completion of the Healdsburg Floating Solar Project. The project will deliver clean energy to the City of Healdsburg, Calif., under a 25-year power purchase agreement. At 4.78 MW(dc) and sited on ponds at the City’s wastewater treatment plant, the project is the largest floating solar project completed in the United States to date.          

The electricity generated by the project will cover approximately 8% of the City’s total energy demand and is an important part of the City’s plan to reach 60% renewable energy before 2030. Additionally, siting the solar panels on the ponds avoids using land for the project and will reduce evaporation and algae growth, benefitting the surrounding vineyards that rely on the treated water for irrigation.

The Healdsburg Floating Solar Project was developed and is operated by White Pine Renewables. «This project exemplifies what differentiates White Pine,» said White Pine CEO Evan Riley. «We combined innovative technology and an efficient capital structure to provide long-term savings to the City of Healdsburg.»

Noria Energy co-developed the project with White Pine and Collins Electrical Company, Inc., a California-based construction contractor, provided installation services.  The Healdsburg project was completed in less than six months from procurement to commissioning.

Terry Crowley, Utility Director for the City of Healdsburg, described the project as «a cornerstone of the City’s long-term plan to save money on energy costs and provide City electric customers with 60% renewable energy.»  Crowley added that he «greatly appreciated the collaborative partnership between White Pine, Noria, and Collins Electrical to deliver the project safely, efficiently and in an extremely short period of time.»

Noria’s CEO Jon Wank noted that the Noria-White Pine partnership «leveraged Noria’s experience in floating solar technology and White Pine’s development experience to create a project that delivers low-cost renewable energy while creating environmental benefits.»

While still a small portion of the overall solar market, floating PV is becoming increasingly popular because of its dual land use purpose and generally higher energy production due to the cooling effects of water and wind.

About White Pine Renewables:

White Pine Renewables is a renewable energy development company that provides competitively priced, long-term PPAs to leading commercial, industrial and public-sector customers. Focusing on projects ranging from 1 to 20 MW(dc), White Pine originates, develops, finances and operates projects throughout the U.S., with key areas of focus in California and the Midwest. Learn more at whitepinerenewables.com.

About Noria Energy:

Noria Energy is a leader in floating solar technology in the United States and Latin America. Since 2018, Noria has been dedicated to optimizing the design of solar PV systems guaranteeing affordable long-term power to clients and enabling them to transition to clean, renewable energy. Noria is currently developing 300+MW of solar projects serving wastewater treatment plants, industrial customers, hydroelectric powerplants, among others. For more information, visit www.noriaenergy.com

About The City of Healdsburg:

For over 100 years the City of Healdsburg has operated a publicly owned electric utility for the benefit of its community members. To meet the City goals to provide clean renewable and carbon-free energy to Healdsburg residents, the City sought qualified solar developers to construct an economical floating solar at the City’s wastewater treatment plant. In completing this project, the City is able to meet 8% of the City energy needs with local solar generation.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/white-pine-renewables-completes-largest-floating-solar-farm-in-the-us-301239736.html

SOURCE White Pine Renewables

COLUMBIA, Md., March 3, 2021 /PRNewswire-PRWeb/ — The rollout of COVID-19 vaccinations has been more difficult than anticipated. In turn, the lifting of pandemic protocols and economic recovery have been delayed. The February National Association of Credit Management’s Credit Managers’ Index (CMI) reflects these setbacks, but most readings remain solid.

«The February CMI lost some of the edge noted in January’s data—similar to patterns found in many other economic indicators released thus far this year,» said NACM Economist Chris Kuehl, Ph.D. «Overall, the latest CMI numbers are not bad and many of the index’s sub-readings are historically high.»

Kuehl said the «burst of enthusiasm» over the COVID-19 vaccine distribution was likely behind January’s high scores—enthusiasm that later dissipated with vaccine distribution complications nationwide.

«We saw declines with the service sector because people are realizing these shutdown protocols are going to last a little longer than we thought,» Kuehl said. «I believe we’re settling into a bit of a pattern, and it wouldn’t surprise me if we see real growth in April or May.»

Although muted optimism may account for February’s dip, data still show manufacturing, construction and transportation sectors are recovering and were not hit as hard by the 2020 pandemic-induced recession. Service sectors remain the hardest hit, and its small rebound at the end of last year and the start of 2021 has faded.

The CMI combined index slipped from 59.7 to 57.5, but the reading remains in line with three of the past five months. Similarly, the combined index of favorable factors (65.3), down 4.4 points since January, closely aligns with December’s reading (65.7). Likewise, the combined index of unfavorable factors (52.2) nearly mirrors December (52.5) with only a 0.8-point slip from last month.

«Subsectors show a fairly universal pattern,» Kuehl noted. Although most of the combined favorable subsectors fell slightly, all of them remain comfortably in expansion territory. Even with a 6-point decline month on month, the sales category (69.9) remains robust and a far cry from the 20 recorded in April 2020, Kuehl said. Dollar collections (59.2) took the biggest hit with a 6.8 decline, dropping out of the 60s, where it had been since July 2020.

This downward move creates some concern after nearly seven months of steady growth, Kuehl said. «It would appear that some companies have reached the end of their rope and are showing a little distress. He added companies were likely becoming «cashflow protective» similar to February and March of last year.

Combined unfavorable subsectors also remain in expansion territory. Rejections of credit applications changed very little, going from 51.6 to 51.5. This is good news given that new applications are down a little, and it suggests that most of those companies seeking terms are acceptable credit risks, Kuehl said. There was a little dip in the accounts placed for collection category as it went from 52.9 in January to 51.6 this month. Although these numbers are in the expansion zone, they are trending in the wrong direction, Kuehl added. The reason being that businesses were in trouble last year and are still in jeopardy for the coming year. The disputes numbers showed a promising shift as they went from 50.9 to 51. And dollar beyond terms experienced a fairly dramatic decline, going from 58.9 to 52.

«There are more companies facing stress and falling behind in their obligations, especially those in the service and retail sectors,» Kuehl explained. «Overall, unfavorable subcategories have not declined to the same extent as some of the favorable subcategories.»

Overall, Kuehl contributes the February CMI’s dip to the index’s favorable categories, which reflect immediate business prospects for companies seeking trade credit. «Even in the worst of conditions, unfavorable categories could take two to three months to manifest,» he said.

«Even with the drop this month, it only went back to the numbers we saw in November and December,» Kuehl said. «It’s not like it was an utter collapse. Credit managers are making decisions whether to give people 60-, 90- or 100-day terms; that’s still a pretty positive assessment. People are thinking things will be more normal in May or June. That’s the prevailing wisdom.»

For a complete breakdown of the manufacturing and service sector data and graphics, view the February 2021 report at http://web.nacm.org/CMI/PDF/CMIcurrent.pdf. CMI archives may also be viewed on NACM’s website at http://www.nacm.org/cmi/cmi-archive.

ABOUT THE NATIONAL ASSOCIATION OF CREDIT MANAGEMENT

NACM, headquartered in Columbia, Maryland, supports approximately 11,000 business credit and financial professionals worldwide with premier industry, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, products and services designed to improve the management of business credit and accounts receivable. NACM’s collective voice has influenced federal legislative policy results concerning commercial business and trade credit to our nation’s policy makers for more than 100 years and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. NACM’s annual conference is the largest gathering of credit professionals in the world.

Contact:
Diana Mota
Andrew Michaels
410-740-5560

Website: http://www.nacm.org

Source: National Association of Credit Management

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Media Contact

Diana Mota, NACM, +1 4107405560, dianam@fcibglobal.com

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SOURCE NACM