Bloomberg (11/07/13) Shobhana Chandra
U.S. Gross Domestic Product rose 2.8% in the third quarter of 2013, up from 2.5% the quarter before, according to the U.S. Department of Commerce. Economists surveyed by Bloomberg had forecast an increase of 2%. Consumer spending rose 1.5%, the smallest increase since 2011. Inventories added 0.8% to growth, and increased at an $86 billion annualized pace, up from $56.6 billion in the second quarter.
From Gibraltar: Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.