Credit, Economy and Financial News
Leading Indicators Down, But Signs of Life Emerge
The Conference Board's Index of Leading Economic Indicators, a barometer of future economic activity, fell 0.3% in March, after a revised 0.2% drop in February. The index has not risen in nearly a year. However, the report signaled that the intensity of the recession will ease as the year progresses. "The recession may continue through summer, but the intensity will ease," Ken Goldstein, economist at the Conference Board, said. "There have been some intermittent signs of improvement in the economy in April, but the leading economic index and most of its components are still pointing down." Pulling the index lower were building permits, stock prices, more claims for unemployment insurance and vendors' deliveries to businesses. Positive indicators included growth in the real money supply from Federal Reserve programs to pump up the economy, the wide "interest rate spread," or difference between the interest rates for 10-year Treasuries and the benchmark federal funds rate, and the consumer expectations index.
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Date Last Updated: 04/22/2009
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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 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.
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