The credit managers index from the National Association of Credit Management reported a reading of 54.1 in May, up from 53.9 in April. However, the association said the index posted scores around 56 most of last year.
The credit managers index from the National Association of Credit Management reported a reading of 54.1 in May, up from 53.9 in April. However, the association said the index posted scores around 56 most of last year. File photo by LM Otero The Associated Press
The credit managers index from the National Association of Credit Management reported a reading of 54.1 in May, up from 53.9 in April. However, the association said the index posted scores around 56 most of last year. File photo by LM Otero The Associated Press

Consumers and businesses are cautious about borrowing

May 29, 2015 09:53 AM