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With that hike, Chicago Now has America’s Highest Sales Tax . Chicago has long had a steep sales tax, but a vote by Cook County commissioners Wednesday night made the city’s rate the highest of any major city in the nation
More: Motor Vehicles, Housing Starts Boost GDPNow 3rd Quarter Forecast to Anemic 1.3 Percent
Read the article: Survival of the Fittest Robot: A Mother Robot and the Evolution of Her Offspring
See the original post: Huge Shipping Delays for Toyota, Deere, Walmart, etc. in Wake of Tianjin Warehouse Explosion
Blowout in Some Corporate Bond Spreads; Bond Funds Post 3rd Week of Outflows Posted by Michael Shedlock at 2:01 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy
See original article: Weekend Humor: Safety First – Image of a German, a Greek, and the IMF Designing a Rescue
The Illinois Policy Institute reports Manufacturer Moves Out of Madigan’s Backyard, Cites Unfriendly Business Climate . Illinois’ manufacturing meltdown is showing no signs of stopping. Hoist Liftruck, a manufacturer of industrial forklifts, has announced plans to move more than 300 manufacturing jobs from Bedford Park, Illinois, to East Chicago, Indiana
1st Quarter: +0.6% 2nd Quarter: +2.3% The retail sales revisions may add another 0.2% or so to second quarter, assuming there are no other changes. That’s a huge assumption given the history of revisions in nearly every economic number
View the original here: Don’t Worry, There’s Only One Cockroach
Household Spending Projections Decline Again: Does the Fed Believe Its Own Surveys? Posted by Michael Shedlock at 3:28 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.