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2009.07.20
Is the recession finally over?
I think not. Many statistics published by the US government have had their methodologies changed over the years and therefore produce unreliable comparisons over the long term. However, payroll withholding receipts are difficult if not impossible to fudge or spin. Take a look at this graph!
Note that the 3rd quarter of 2009 is based on the first 17 days of July and will change as the quarter progresses (the chart is updated daily). The previous data points however are historical and will not be subject to adjustment.
Gerry
18:16 Posted in Finance | Permalink | Comments (1) | Email this | Tags: payroll withholding, recession, us government statistics