The growth rate of withholding taxes has been softening since early November and is now on the verge of signaling recession if the decline continues. That has implications for the markets next year. Likewise the drop in withholding has implications for the December nonfarm payrolls announcement 3 weeks from now. You can now subscribe to…
The post Withholding Tax Collections Collapse Through Early December was originally published at The Wall Street Examiner. Follow the money!