Associated Press (05/15/14) Paul Wiseman
Industrial production declined 0.4% in April after increasing 0.7% in March, according to the U.S. Federal Reserve. Economists expect the decrease to be temporary because other recent measures of manufacturing have been positive. The Institute for Supply Management’s manufacturing index increased to 54.9 last month from 53.7 in March. Overall industrial output—which includes manufacturing, mining, and utilities—declined 0.6% last month, the Fed said.
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.