Credit Benchmark have released the February Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions.
Drawn from more than 800,000 contributed credit observations, the CCI tracks the total number of upgrades and downgrades made each month by credit analysts to chart the long-term trend in analyst sentiment for industrials. A monthly CCI score of 50 indicates neutral credit quality, with an equal number of upgrades and downgrades made over the course of a month. Scores above 50 indicate that credit quality is improving. Scores below 50 indicate that credit quality is deteriorating.
The February CCIs have seen credit improvements for EU and UK industrial companies. US industrial companies saw continued credit deterioration.
The UK CCI for February is 50.5; downgrade trend halted
The EU CCI for February is 52.2; CCI continues to improve
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The US CCI for February is 48.3; CCI remains negative
To download the full CCI tear sheets for UK, EU, and US Industrials, please enter your details below:
