Economic Update: Solid Growth in Retail Sales

by Raymond J. Keating- The Census Bureau’s report on May retail sales ranks as another positive piece of data on the U.S. economy. Retail sales were largely expected to increase by 0.4 percent in May, but growth came in at double that rate, registering 0.8 percent. (And even after factoring out gasoline purchases, retail sales […]

The Tax Tipping Point: $25 Million Gross in Receipts

The Fed’s Upbeat Outlook on the Economy … For Now