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The speed at which buyers of staffing services pay staffing firms slowed in August, according to the Capital TempFunds credit index. The index fell 10 points in August to a reading of 100 the same as its base line.
Data for the index comes from Capital TempFunds' clients across the country and allows firms to gauge how long their customer bases are taking to pay compared with others'. The higher the index number, the faster staffing buyers are paying.