- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
There are some minor changes, but no big turns in trends. But the recent change in trend that has been further reinforced is the sharp deceleration in growth in withholding tax payments that began in October. The bulk of the evidence suggests that this is not a result of end of year tax planning, but real signal of a slowdown in labor force and payroll growth.
As usual, clicking over and reading will bring you up to date on all of the relevant economic data, and bring me a little pocket change for my efforts.
