After 3 weak months, Federal Withholding Tax collectionss rose sharply in July. Here’s how the data looks and what it means for the markets.
Real time withholding tax collections contracted in June.They’re not the only taxes that are falling.
Real time withholding tax collections had a meager gain in May, increasing by just 3.3% in nominal terms. Adjusting for the reported wage inflation for…
Real time withholding tax collections have been strong since I last reported on April 24. The nominal annual growth rate is now 6.6%%. This has…
Real time withholding tax collections accelerated this week. The nominal annual growth rate rose to +4.7%. This has reached the limit of the downtrend in…
Real time withholding tax collection data showed slight year to year growth last week, but certain excise taxes suggest that the US economy continues the…
Real time withholding tax collection data rebounded in recent weeks and no longer show the US economy contracting. However, the trend of the growth rate…
The annual rate of change in withholding tax collections through Thursday, March 24, adjusted for probable wage and salary inflation, remains negative in spite of…
Give me your tired, your poor, your huddled masses of NIRP punished money yearning for yield, says the Statue of Liberty. Last week, subsidized by…
Real time withholding tax collection data continues to show the US economy contracting. But for the past 60 years there has been a reason why…
