Leading Indicators Inch Up in March
Reversing five consecutive months of declines, the Conference Board's Index of Leading Economic Indicators rose 0.1% in March. That followed a 0.3% decline in February. However, the index has declined at a 3.3% annual rate since March 2007, which provides clear evidence of a recession, according to some analysts. Five of the ten indicators that make up the index increased in March. The positive contributors were real money supply, index of supplier deliveries (vendor performance), interest rate spread, average weekly manufacturing hours and manufacturers' new orders for consumer goods and materials. The negative contributors were average weekly initial claims for unemployment insurance (inverted), building permits, stock prices, and index of consumer expectations. Manufacturers' new orders for non-defense capital goods held steady in March.
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Economy News
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Charter Capital services many industries. Here are just a few of the industries
we are currently financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get cash
with Freight Bill Factoring from Charter Capital. We purchase your freight bills
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 company 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 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 from
Charter Capital can accommodate the working capital funding needs of both new
manufacturing companies as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology
consulting and staffing firms are great candidates for our FactorLine accounts receivable
funding 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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