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Try this Interactive map to see information about each state by just clicking on it.


2016's States with the Highest & Lowest Tax Rates

Source: WalletHub

Try this Interactive map to see information about each state by just clicking on it.



Economic Indicators

July 2016 new orders for manufactured goods increased 4.4%, to $228.9 billion. Unfilled orders decreased 0.8%, to $1,126.6 billion and inventories increased 0.3%, to $383.0 billion.   Aug. 25, 2016 More»

July 2016 sales of new single-family houses were 654,000 at a seasonally adjusted annual rate (SAAR), up 12.4% from June 2016 and up 31.3% from July 2015.   Aug. 23, 2016 More»

July 2016 building permits were at a seasonally adjusted annual rate (SAAR) of 1,152,000, down 0.1% from June 2016 but up 0.9% from July 2015.   Aug. 16, 2016 More»

June 2016 business inventories were $1,813.7 billion, up 0.2% from May 2016 and up 0.5% from June 2015.   Aug. 12, 2016 More»

July 2016 retail and food services sales were $457.7 billion, virtually unchanged from June 2016 and up 2.3% from July 2015.   Aug. 12, 2016 More»

June 2016 wholesale inventories were $590.9 billion, up 0.3% from May and up 0.2% from June 2015. Sales were $444.6 billion, up 1.9% from May but down 0.4% from June 2015.   Aug. 9, 2016 More»

June 2016 international trade deficit increased 8.7%, to $44.5 billion from May 2016. Exports increased 0.3%, to $183.2 billion, and imports rose 1.9%, to $227.7 billion.   Aug. 5, 2016 More»

June 2016 new orders for manufactured goods decreased 1.5%, to $447.4 billion. Unfilled orders decreased 0.8%, to $1,128 billion and inventories decreased 0.1%, to $619.7 billion.  Aug. 4, 2016 More»

June 2016 personal income increased $29.3 billion, or 0.2% and disposable personal income (DPI) increased $24.6 billion, or 0.2%.   Aug. 2, 2016 More»

June 2016 construction spending was $1133.5 billion at a seasonally adjusted annual rate,down 0.6% from the revised May 2016 estimate. but up 0.3% from June 2015.   Aug. 1, 2016 More»

According to the advance estimate, real gross domestic product (GDP) increased at an annual rate of 1.2% in the second quarter of 2016. In the first quarter, real GDP increased 0.8 percent (revised).   July 29, 2016 More»


Tax Corners

Tax Tips

New markets vs. minding the store: Some companies pursue growth just for the sake of higher sales, more outlets, etc. Don't fall into the trap. Managing several stores can be much more challenging that operating just one or two. The same is true of multiple product lines. More than one business has failed because it expanded too rapidly. And many entrepreneurs are great a starting a business but not at managing growth. You might be able to outsource some of the workload such as order fulfillment, manufacturing, etc. Or even license a product that's not part of your core business. Before committing to expansion plans, get good advice and make sure you and your employees have the skills to handle the larger business.     read more...

Market Snapshots

Currencies US $
Euro 1.0934
Pound 1.3871
Yen 0.0087
Yuan 0.1529
Canada $ 0.7400
Hong Kong $ 0.1285
Gold 1,222.90
Stock Market
DJIA 16,639.97
NASDAQ 4,590.47
S&P 500 1,948.05
Lending Rates
Fed Funds 0.50
3 Month Libor 0.63
Prime 3.50
U.S Treasury Rates
3 Month 0.0000
2 Year 0.7500
5 Year 1.1250
10 Year 2.6250

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