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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

January 2017 building permits were at a seasonally adjusted annual rate (SAAR) of 1,285,000, up 4.6% from December 2016 and up 8.2% from January 2016.   Feb. 16, 2017 More»

December 2016 business inventories were $1,835.7 billion, up 0.4% from November 2016 and up 2.0% from December 2015.   Feb. 15, 2017 More»

January 2017 retail and food services sales were $472.1 billion, up 0.4% from December 2016 and up 5.6% from January 2016   Feb. 15, 2017 More»

December 2016 wholesale inventories were $601.1 billion, up 1.0% from the revised November 2016 and up 2.6% from December 2015. Sales were $464.9 billion, up 2.6% from the revised November and up 6.8% from December 2015.   Feb. 9, 2017 More»

December 2016 international trade deficit decreased 3.2%, to $44.3 billion from November 2016. Exports decreased 2.7%, to $190.7 billion, and imports rose 1.5%, to $235 billion.   Feb. 7, 2017 More»

December 2016 new orders for manufactured goods increased 1.3%, to $464.9 billion. Unfilled orders decreased 0.6%, to $1,119.5 billion and inventories rose 0.1%, to $625.6 billion.  Feb. 3, 2017 More»

December 2016 construction spending was $1,181.5 billion at a seasonally adjusted annual rate, down 0.2% from November 2016 but up 4.2% from December 2015.    Feb. 1, 2017 More»

December 2016 personal income increased $50.2 billion and disposable personal income (DPI) increased $43.6 billion.   Jan. 30, 2016 More»

According to today's advance estimate, real gross domestic product (GDP) increased at an annual rate of 1.9% in the fourth quarter of 2016. In the third quarter, real GDP increased 3.5%.   Jan. 27, 2016 More»

December 2016 new orders for manufactured goods decreased 0.4%, to $227 billion. Unfilled orders fell 0.6%, to $1,119.4 billion and inventories increased 0.1%, to $384.4 billion.   Jan. 27, 2017 More»

December 2016 sales of new single-family houses were 536,000 at a seasonally adjusted annual rate (SAAR), down 10.4% from November 2016 and down 0.4% from December 2015.   Jan. 26, 2017 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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