Apartment Building Boosts Overall Housing Starts
Following a big drop in March, housing starts grew 8.2% in April, the Commerce Department reported, the largest increase in more than two years. The growth came from a jump in apartment construction, while building of single-family homes continued to falter. Apartment building jumped 40.5% to a seasonally adjusted annual rate of 326,000 units. The larger single-family sector dropped by 1.7% to an annual rate of 692,000 units. Construction posted the largest gain in the Midwest, jumping 24.4% from March. Construction rose 18.5% in the West and 3.6% in the South. However, construction fell 12.7% in the Northeast. Many analysts expect the rebound in April to be temporary given the difficulties builders are facing, from slumping sales, soaring home foreclosures and the glut of unsold homes flooding markets around the country.
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Factoring, Credit and
Economy News
Date Last Updated: 05/23/2008 |
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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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