Since the economic downturn began in the U.S. in 2008, the fortunes of ARM companies have largely mirrored the broader business environment. Debt collection agencies are particularly susceptible to high unemployment, inflated consumer bankruptcies, and plummeting housing pricing. Combined with a general tightening of credit standards, the ARM industry is more tied to macroeconomic trends than ever before.
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Economy Grinding to a Halt: Conference Board
21 March 2008
Research Firm Predicts ARM Industry Growth Near 10% in 2008
20 March 2008
As Recession Hits, Medical Bills are Likely to Go Unpaid
20 March 2008
Supermarket Data Breach Exposed 4.2 million Cards to Hackers
19 March 2008
ARM Index Falls as Debt Recovery Gets Tougher
18 March 2008
Economy Takes Precedence as States Rethink Health Care Reform Efforts
14 March 2008
Skittish Consumers Threaten the ARM Industry
11 March 2008
Credit Card Spending Grew 7 percent in January: Fed
10 March 2008
Regulators, Chase Target Debt Settlement Firm Hess Kennedy
10 March 2008
Banking Downturn Felt in UK, OZ
7 March 2008
Economic Data Piling On in Favor of Recession
7 March 2008
Agency Focus is Automation, Debtor Data, and Analysis: LexisNexis
6 March 2008
Discover: Consumers Worried About Economy, Spending Stalls in February
5 March 2008
Collection Execs Start Debt Settlement Firm to Work with ARM Industry
5 March 2008
UTech Seeks Diebold and Other Financially Challenged U.S. Companies for March 4
4 March 2008
Consumer Confidence Falling Fast though Impact on ARM Unclear
3 March 2008
Collectors Near Top of Illinois Complaint List
3 March 2008
WSJ Shines Light on Civil Recovery Collections
28 February 2008
Big Banks Seek Regional, Midsize Partners as Downturn Slams Profits
27 February 2008
Card Group, and its Debt, Grow for Target During Weak Year
26 February 2008