Withholding tax collections weakened last week, which has implications for July nonfarm payrolls, but remained in the same narrow range of 5-6% annual nominal growth…
The US Treasury continues to see strong growth in tax collections, but instead of reducing debt offerings commensurately it has been building an immense stash…
Withholding tax collections continued to grow at a strong pace through the period ended June 23. The annual growth rate has hit a plateau around…
Withholding tax collections continued to grow at a strong pace through the period ended June 10. The annual growth rate has hit a plateau around…
Withholding tax collections grew a little faster over the past week. They have been modestly accelerating since early April, in what appears to be a…
The Treasury’s balance at the Fed has begun to decline from the record level it reached in early May as tax payments due on April…
