The credit markets haven’t moved much so far in 2009, according to the results of a survey released last week by the Association for Financial Professionals. Fifty-nine percent of the 360 chief financial officers and senior financial people polled reported that their companies’ access to short-term credit “had not significantly changed” since the year year, according to the report. Only 14 percent saw an increase in credit availability, while 27 percent saw further tightening by their lenders.

“Despite unprecedented government action, the lack of any significant thaw in short-term credit access is extremely troubling and many companies are reacting by stockpiling cash,” according to a statement from Jim Kaitz, president and CEO of AFP.

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