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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

According to today's third estimate, real gross domestic product (GDP) increased at an annual rate of 1.1% in the first quarter of 2016. This follows a growth rate of 1.4% in the fourth quarter 2015.   June 28, 2016 More»

May 2016 new orders for manufactured goods decreased 2.2%, to $230.7 billion. Unfilled orders increased 0.2%, to $1,139.4 billion and inventories decreased 0.3%, to $382.5 billion.   June 24, 2016 More»

May 2016 sales of new single-family houses were 551,000 at a seasonally adjusted annual rate (SAAR), down 6.0% from April 2016 but up 8.7% from May 2015.   June 23, 2016 More»

May 2016 building permits were at a seasonally adjusted annual rate (SAAR) of 1,138,000, up 0.7% from April 2016 but down 10.1% from May 2015.   June 17, 2016 More»

The U.S. current-account deficit increased to $124.7 billion, or 2.7% of current-dollar gross domestic product (GDP), in the first quarter of 2016, from $113.4 billion (revised), or 2.5% of GDP in the fourth quarter of 2015.   June 16, 2016 More»

April 2016 business inventories were $1,807.1 billion, up 0.1% from March 2016 and up 1.0% from April 2015.   June 14, 2016 More»

May 2016 retail and food services sales were $455.6 billion, up 0.5% from April 2016 and up 2.5% from May 2015.   June 14, 2016 More»

April 2016 new orders for manufactured goods increased 1.9%, to $460.5 billion. Unfilled orders increased 0.6%, to $1,137.3 billion and inventories decreased 0.1%, to $620.8 billion.  June 3, 2016 More»

April 2016 international trade deficit increased 5.3%, to $37.4 billion from March 2016. Exports increased 1.5%, to $182.8 billion, and imports rose 2.1%, to $220.2 billion.   June 3, 2016 More»

April 2016 new orders for manufactured goods increased 3.4%, to $235.9 billion. Unfilled orders increased 0.6%, to $1,137.0 billion and inventories decreased 0.2%, to $384.4 billion.   May 26, 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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