Inflation Tame in April
Although food prices soared, overall inflation was pretty tame in April, with consumer prices up 0.2%, according to the Labor Department. The inflation reading, which followed a 0.3% increase in March, reflected a flat reading for energy, which offset a 0.9% jump in food costs as prices climbed for many basic items. The unchanged reading for energy reflected a 4.8% jump in natural gas prices, offset by a 2% drop in gasoline costs. Since gasoline prices normally rise significantly in April, the 5.6% gain in prices for the month turned into a 2% drop after the government adjusted for normal seasonal changes, small comfort for motorists now paying record prices at the pump. Core inflation, which excludes food and energy, rose just 0.1% in April, after a 0.2% gain in March. This will likely ease concerns at the Federal Reserve that the sharp increase in food and energy prices this year will cause widespread inflation problems.
Return to:
Factoring, Credit and
Economy News
Date Last Updated: 05/16/2008 |
 |
|
|
|
|
|
|
|
|
|
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.
|
|
|
|
