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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

October 2016 international trade deficit increased 17.8%, to $42.6 billion from September 2016. Exports decreased 1.8%, to $186.4 billion, and imports rose 1.3%, to $229.0 billion.   Dec. 6, 2016 More»

October 2016 new orders for manufactured goods increased 2.7%, to $469.4 billion. Unfilled orders increased 0.7%, to $1,128.5 billion and inventories virtually unchanged, to $621.4 billion.  Dec. 6, 2016 More»

October 2016 construction spending was $1,172.6 billion at a seasonally adjusted annual rate, up 0.5% from September 2016 and up 3.4% from October 2015.    Dec. 1, 2016 More»

October 2016 personal income increased $98.6 billion, or 0.6% and disposable personal income (DPI) increased $86.5 billion, or 0.6%.   Nov. 30, 2016 More»

According to today's second estimate, real gross domestic product (GDP) increased at an annual rate of 3.2% in the third quarter of 2016. In the second quarter, real GDP increased 1.4%.   Nov. 29, 2016 More»

October 2016 new orders for manufactured goods increased 4.8%, to $239.4 billion. Unfilled orders rose 0.7%, to $1,128.6 billion and inventories increased 0.1%, to $383.7 billion.   Nov. 23, 2016 More»

October 2016 sales of new single-family houses were 563,000 at a seasonally adjusted annual rate (SAAR), down 1.9% from September 2016 but up 17.8% from October 2015.   Nov. 23, 2016 More»

October 2016 building permits were at a seasonally adjusted annual rate (SAAR) of 1,229,000, up 0.3% from September 2016 and up 4.6% from October 2015.   Nov. 17, 2016 More»

September 2016 business inventories were $1,818.7 billion, up 0.1% from August 2016 and up 0.6% from September 2015.   Nov. 15, 2016 More»

October 2016 retail and food services sales were $465.9 billion, up 0.8% from September 2016 and up 4.3% from October 2015   Nov. 15, 2016 More»

September 2016 wholesale inventories were $590.2 billion, up 0.1% from the revised August 2016 and down 0.1% from September 2015. Sales were $444.9 billion, up 0.2% from the revised August and up 0.4% from September 2015.   Nov. 9, 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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