You are currently browsing the monthly archive for October 2009.
Check out Dan’s interview on TAG TV!
Recently, our VP of Marketing, Jim Lester, participated in a product innovation panel hosted by the Technology Association of Georgia (TAG). Here’s the link for those interested in the panel’s perspective on innovating during an economic downturn: http://tagtvonline.com/index.php?option=com_seyret&Itemid=29&catid=38
DSO for the manufacturing industry has drastically increased from 2008 to 2009. In 2008, the average DSO was 43 days, while in 2009, the average DSO was 55 days. In addition, Days Payable has increased. From 39 in 2008 to 51 in 2009. Is this a sign of the times? Check out other analytics below with data provided by iLumen.
So you’re interested in exploring other forms of financing, but you’re not sure about all the details. Maybe this chart will help you understand the difference between bank loans, factors, and FTRANS.
Is the biggest part of the economy getting ready to rebound? The U.S. economy experienced a 1.3% increase in purchases, an increase that was larger than expected, and also 0.3% higher than the previous month (also higher than expected). Experts suggest we can thank the “Cash for Clunkers” program in part, but the rise in spending expands to other industries. In other good news, incomes climbed 0.2 percent for a second month and inflation decelerated. To read more about the economy in August, check out the Bloomberg article here.
