There has been a lot of buzz that finally the recession is over and a recovery may be on its way. I even commented about it on the invoice factoring blog. Overall, we are also noticing a recovery in our clients.
Many purchase order financing clients are suppliers to the retail industry. I believe that if you could look at the book of business of your average purchase order finance company, you'd get a leading indicator of how the retail sector will perform these holidays. Don't look at me for answers though, I can't tell :-)
On a related note, I also think that factoring activity can be a leading indicator to both the recovery and future retail activity. Personally, I tend to look at both invoice factoring and purchase order financing as possible indicators of things to come.
Either way, the news on the retail front lately has been mildly positive and showing improvement. What do you think will happen this holiday season?
p.s. don't let the image I chose fool you into thinking it's a hidden clue. It's not. I just like the image.
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