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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

The U.S. current-account deficit decreased to $112.4 billion, or 2.4% of current-dollar gross domestic product (GDP), in the fourth quarter of 2016, from $116 billion (revised), or 2.5% of GDP in the third quarter of 2016.   Mar. 21, 2017 More»

February 2017 building permits were at a seasonally adjusted annual rate (SAAR) of 1,213,000, down 6.2% from January 2017 but up 4.4% from February 2016.   Mar. 16, 2017 More»

January 2017 business inventories were $1,841.4 billion, up 0.3% from December 2016 and up 2.3% from January 2016.   Mar. 15, 2017 More»

February 2017 retail and food services sales were $474 billion, up 0.1% from January 2017 and up 5.7% from February 2016   Mar. 15, 2017 More»

January 2017 wholesale inventories were $600 billion, down 0.2% from the revised December 2016 and up 2.2% from January 2016. Sales were $463.6 billion, down 0.1% from the revised December but up 8.4% from January 2016.   Mar. 8, 2017 More»

January 2017 international trade deficit increased 9.6%, to $48.5 billion from December 2016. Exports increased 0.6%, to $192.1 billion, and imports rose 2.3%, to $240.6 billion.   Mar. 7, 2017 More»

January 2017 new orders for manufactured goods increased 1.2%, to $470.2 billion. Unfilled orders decreased 0.4%, to $1,114.1 billion and inventories rose 0.2%, to $627.9 billion.  Mar. 6, 2017 More»

January 2017 construction spending was $1,180.3 billion at a seasonally adjusted annual rate, down 1.0% from December 2016 but up 3.1% from January 2016.    Mar. 1, 2017 More»

January 2017 personal income increased $63.0 billion and disposable personal income (DPI) increased $40.1 billion.   Mar. 1, 2017 More»

According to today's second 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%.   Mar. 1, 2017 More»

January 2017 new orders for manufactured goods increased 1.8%, to $230.4 billion. Unfilled orders decreased 0.4%, to $1,114.3 billion and inventories increased 0.1%, to $383.8 billion.   Feb. 27, 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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