In the past when US tax receipts were falling this fast it signalled a recession.
Charts speak louder than words. It sure seems like we may be about to go into a recession.
In the past when US tax receipts were falling this fast it signalled a recession.
Charts speak louder than words. It sure seems like we may be about to go into a recession.
I have no idea what those numbers mean. A survey by Evercore about ISI State Tax receipts? What does U.S. Federal Personal withholding tax receipts mean?
You might enjoy these charts then:
https://fred.stlouisfed.org/series/FRBLMCI https://fred.stlouisfed.org/series/TEMPHELPS