Move Along, Nothing To See
reality
The Liscio Report is an economic newsletter whose primary value is the collection of state tax data, sales and withholding, which it uses to provide indexes that are well correlated with economic growth. Some recent quotes:
“Serious Deterioration in Sales-Tax Receipts.”
“The meager growth, or lack thereof, in sales-tax collections is currently running at recessionary levels.”
“The ratios of (a) stock value to GDP and (b) real-estate value to GDP are both nearly twice their averages from 1952 to 1970.”
Posted in Economics, The Economy |
