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Industrial Production up for Sixth Straight Month
The Federal Reserve said industrial production increased 0.6% in December from November as cold weather gave a boost to energy utilities, which offset a small drop in manufacturing. It was the sixth straight monthly gain in production. Electric and gas utilities increased production by 5.9% and mines by 0.2%. However, manufacturers produced 0.1% less than in November, indicating that consumers and businesses did not spend enough to generate the production of more factory goods. Production of construction and consumer durable goods posted losses of 2% and 0.9%, respectively, while output of paper products declined 0.9%. Nevertheless, industrial production for the entire 4Q grew at an annual rate of 7%, reflecting the nascent economic turnaround.
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Date Last Updated: 01/22/2010
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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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