Economists and political pundits can continue to debate whether the United States is headed toward a recession, but there are some telltale signs that there may be tougher times ahead for roofing contractors trying to collect payments.
“Bankruptcies (Chapter 11) are up 71% from the beginning of the year, and bankruptcies overall are up 15%, which means there’s a lot less money on the streets,” said RC ‘Credit Overlord’ Thea Dudley in a recent videochat with Group Publisher Jill Bloom.