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Leading Indicators up for Eighth Straight Month
The Conference Board said its index of leading economic
indicators, considered a barometer of future economic
activity, grew for the eighth consecutive month in November.
The index increased 0.9%, following a 0.3% gain in October.
Improvements in financial conditions, building permits for
homes and the labor market boosted the index last month,
said Conference Board economist Ataman Ozyildirim. The
biggest boost to the index came from a difference in
expected long- and short-term interest rates. The board said
stock prices and the money supply, two other components of
the index, also improved. Negative indicators included
supplier deliveries by vendors, consumer expectations, and
the estimated factory orders for capital goods. Projected
factory orders for consumer goods were steady. Another
Conference Board economist, Ken Goldstein said the November
indicators “point to a bright new year. Looking ahead, we
can expect a slowly improving economy through 2010.”
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Date Last Updated: 12/28/2009
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Charter Capital services many industries. Here are just a few of the industries for which we are currently providing business financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get financing with Freight Factoring from Charter Capital. We purchase your Freight Invoices
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing business with unlimited payroll funding, whether you're a start up or a multi-million dollar temp-staffing agency. Our clients provide staffing for various industries including Professional, Office Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared to gain your share with a FactorLine business financing facility only from Charter Capital.
Manufacturing
If your business is a manufacturing plant, distributor, packaging company, or any business that invoices to credit worthy customers, then a FactorLine financing facility from Charter Capital can accommodate the working capital funding needs of both new
manufacturing businesses as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology consulting businesses and staffing firms are great candidates for our FactorLine accounts receivable financing service, enabling you to increase your cash flow without the need for bank loans. We are always adding new industries and will consider factoring service providers in any industry.
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