Credit, Economy and Financial News
Durable Goods Orders Slip in March
The Commerce Department reported that orders for durable goods fell 0.8% in March, as a gain in orders for commercial and military aircraft was offset by weakness elsewhere. The overall decline was not as bad as what analysts expected, raising some hopes that the prolonged slides in manufacturing and housing are slowly coming to an end. March's decline followed a 2.1% increase in orders in February, the first gain after six straight monthly declines. Despite the guarded optimism, analysts cautioned that there will not be a big rebound in manufacturing anytime soon given all the problems facing the economy. But, things do appear to be stabilizing. Demand for transportation products fell 1.4% in March, reflecting weak orders for motor vehicles, which fell 1.7%. Demand also dropped for primary metals such as steel, and for orders of machinery and computers. This was offset somewhat by increases of 4.4% in demand for commercial aircraft and 4.7% in orders for military aircraft.
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Date Last Updated: 04/30/2009
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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
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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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