Credit, Economy and Financial News
Industrial Production Down 1.5% in March
Industrial production fell for the fifth consecutive month in March, the Federal Reserve said, as companies cut output in order to clear stockpiles of goods. Production at the nation's factories, mines and utilities dropped a seasonally adjusted 1.5%, matching February's decline. However, economists expect the downward trend to moderate soon, as businesses bring inventories in line with slower sales. Manufacturing output fell 1.7% in March, the Fed said, led by a 3.6% drop in electronic goods production, as well as declines in appliance, furniture and carpet manufacturing. Auto industry production rose 1.5%, the second straight increase after a steep drop in January. Gas and electric utilities increased output by 1.8% in March.
Return to:
Factoring, Credit and
Economy News
Date Last Updated: 04/20/2009
News Feeds
-
Charter Capital Blog on MerchantCircle
-
Factor My
Invoices Blog
- Small Business and Invoice Factoring News Blog |
 |
|
|
|
|
|
|
|
|
|
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 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 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.
|
|
|
|
