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Accounts Receivable Insurance: Understanding the Benefits and Costs
Companies often fail to insure accounts receivables, leaving a major asset unprotected. Learn more about accounts receivable insurance and how coverage can help you protect your company against unpredictable risks.
Recently we have seen a lot of data indicating that the US economy, after a few desperate months of decline, has now stopped this horrible free-fall. After plummeting at record rates in March and April during the shutdowns, we are now starting to see data which is showing record, spectacular rebounds.
The US and Canadian economies are running much hotter than we could have imagined a few months ago - stunning job gains compared to expectations of huge losses. It would appear that both economies have hit bottom and are on the rebound.
The data is full of devastation, but is also showing the emergence of redemption. Retail sales fell -16.4% m/m in April, weekly jobless claims continue to be an important source of fresh information, and more.
The April employment report showed wide-spread devastation, even if it was slightly better than expectations. The Canadian economy lost 2 million jobs in April after having lost 1 million the previous month. However the 2 million job loss was much better than expectations of 4 million.