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Durable Goods Orders Up Slightly in December
Durable goods orders grew 0.3% in December, the Commerce Department reported, indicating that the economy continues to recover at a slow pace. However, for all of 2009, durable goods orders plunged 20.2%, the largest drop on records that go back to 1992. The decline underscores the beating that U.S. manufacturers endured during the recession. Economists are hoping that improving economies in the U.S. and globally will make 2010 a better year for U.S. manufacturers. The December increase was helped by a 3.6% jump in orders for motor vehicles and parts. Orders for aircraft, a volatile category, plunged 38.2%. Orders for steel grew 8.1%, and orders for machinery climbed 6%. Demand for computers and other electronic products fell by 3%.
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Date Last Updated: 02/08/2010
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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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