Are US Tax Receipts signaling a United States Recession?

in financial •  9 years ago 

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.

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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?