Tax Receipts Foretell An Economic Contraction And New Recession

| December 14, 2011

A sharp decline in withholding tax receipts signals an¬†imminent recession is dead ahead! The forward indicators that produce the most reliable signals with respect to recession forecasting continue to indicate that a return to economic contraction is highly likely in early 2012. Our computer models have been predicting the likely start of a new recession […]

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