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Index shows buyers taking longer to pay

April 04 2008

Staffing buyers took more time to pay staffing firms in March, according to the Capital TempFunds credit index. The index fell to 94 in March from 98 in February. The higher the number, the faster clients are paying.

For the first quarter of 2008 as a whole, the Capital TempFunds credit index was at 92 compared with 98 in the fourth quarter of 2007.

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