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Tax Foundation Weighs 100 Tax Reform Options accountingtoday.com/news/tax-pract…
. Nonfarm productivity is up 0.7% versus last year.
Nonfarm productivity (output per hour) declined at a 0.6% annual rate in the first quarter, revised higher from last month's -1.0% estimate
The ISM non-manufacturing index fell to 52.9 in May from 55.7 in April, coming in below the consensus expected 55.3.
The ISM manufacturing index rose to 51.3 in May, beating the expected 50.3. (higher than 50 signal expansion; below 50 signal contraction.)
TIGTA Arrests 5 IRS Phone Scammers in Miami accountingtoday.com/news/tax-pract…
Disposable personal income (income after taxes) increased 0.5% in April and is up 4.4% from a year ago.
Personal income is up 4.4% in the past year, while spending is up 4.1%.
Personal consumption rose 1.0% in April, beating the consensus expected a gain of 0.7%.
Personal income increased 0.4% in April, matching consensus expectations, but was up 0.8% including prior months' revisions.
New orders for durable goods rose 3.4% in April (+3.9% including revisions to prior months). The consensus expected a gain of 0.5%.
Real GDP was revised up to a 0.8% annual rate in Q1 from a prior estimate of 0.5%. The consensus expected 0.9%.
New single-family home sales are up 23.8% from a year ago.
New single-family home sales rose 16.6% in April to a 619,000 annual rate, coming in well above the consensus expected pace of 523,000.
IRS Finalizes Rules on Roth IRA Disbursements accountingtoday.com/news/tax-pract…
Utility output jumped 5.8% in April, while mining fell 2.3%.
Industrial production increased 0.7% in April, coming in above the consensus expected increase of 0.3%.
Housing starts are down 1.7% versus a year ago.
Housing starts increased 6.6% in April to a 1.172 million annual rate, easily beating the consensus expected 1.125 million.
The Consumer Price Index (CPI) increased 0.4% in April, coming in above the expected rise of 0.3%. The CPI is up 1.1% from a year ago.
Retail sales increased 1.3% in April, beating the consensus expected gain of 0.8%. Retail sales are up 3.0% versus a year ago.
The Producer Price Index (PPI) increased 0.2% in April, below the expected rise of 0.3%. Producer prices are up 0.1% versus a year ago.
IRS Miscalculating Tax Credits for Obamacare accountingtoday.com/news/tax-pract…
Senate Committee Advances Taxpayer Protection Act accountingtoday.com/news/tax-pract…
Existing home sales are up 1.5% versus a year ago.
Existing home sales increased 5.1% in March to a 5.33 million annual rate, beating the consensus expected 5.28 million.
You Filed Your Taxes. Are You Going to Get Audited? accountingtoday.com/news/tax-pract…
Congress Presses IRS to Better Protect Taxpayer Info accountingtoday.com/news/tax-pract…
Huge congrats - 2nd Pulitzer for Stiles! // #Minnesota natives T.J. Stiles and Jack Ohman win Pulitzer Prizes strib.mn/1SVw5RV #books
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Housing starts are up 14.2% versus a year ago.
Housing starts declined 8.8% in March to a 1.089 million annual rate, coming in well below the consensus expected 1.166 million.
Security Vulnerabilities Found in Mobile Tax Apps accountingtoday.com/news/tax-pract…
Industrial production fell 0.6% in March,below the expected decline of 0.1%. Including revisions to prior months, production fell 0.7%.
Producer prices are down 0.1% versus a year ago.
The Producer Price Index (PPI) declined 0.1% in March, coming in below the consensus expected rise of 0.2%.
???? // Device used to trick cellphones into revealing location raises legal issue, lawmaker says foxnews.com/politics/2016/… #tech #phone
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The Consumer Price Index increased 0.1% in March, coming in below the consensus expected rise of 0.2%. The CPI is up 0.9% from a year ago.
IRS Issues Proposed Regs on Estate Basis Reporting; AICPA Pushes for Deadline Extension. parkertaxpublishing.com/public/IRS-est…
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You Can Take These Tax Deductions for Long-Term Senior Care money.us/1VQaVKa via @MONEY
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One week from today the weekly Saturday Morning Market starts! Are you as excited as we are? #farmtotable #fresh
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Eloise Butler Wildflower Garden and Bird Sanctuary now open for the season. ow.ly/10c12r ow.ly/i/i6uxZ
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Huge congrats! // Music to their ears: Rosemount HS band will march in Macy's parade strib.mn/1RTYDPi #Thanksgiving #parade
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Retail sales are up 1.7% versus a year a
Retail sales declined 0.3% in March. Including revisions to prior months, sales slipped 0.1%. The consensus expected a gain of 0.1%.
Senate Bill Would Toughen Penalties for Tax ID Theft accountingtoday.com/news/tax-pract…
 
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