Menu Close

Egg Face- Withholding Collections Growth Drops To Zero

The annual rate of change in withholding tax collections through Thursday, February 25, adjusted for wage and salary inflation, was essentially zero, putting the US economy on the verge of dropping into recession. It has been trending down since October, just not as badly as it had appeared. At the same time, the data still shows that the February jobs number will be a huge negative surprise. Here’s why.

Federal Revenues Pro Trader subscribers (or Professional Edition), click here to download complete report in pdf format.

Federal Revenue Investor Monthly subscribers, click here to download complete report.

Try the Federal Revenues Report risk free for 90 days! You can subscribe to the Federal Revenues Report on a monthly or weekly basis.

Enter your email address in the form to receive email notification when Professional Edition reports are posted.

[wysija_form id=”7″]

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading