You must be registered to comment and vote on comments.
"U.S. economic growth likely accelerated from January through March from a near-stall at the end of 2012," Really? Then why did durable good orders drop 5.7% in March? This is from the article "Durable-Goods Orders Drop 5.7%" published by the WallStreetJournal.com on April 24, 2013: "U.S. orders for long-lasting manufactured goods fell sharply in March as businesses cut investment, suggesting that economic growth has cooled since the start of the year. Excluding defense, durable-goods orders were down 4.7%." Why would businesses cut investment? Could it be because of tax increases, and since many non-corporate businesses are S-Corps, meaning that taxes are paid by the owners at the individual level, business owners now have less money left after taxes?
Your comment is being reviewed for inclusion on the site.
Comments will be reviewed before being published.
425 Portland Av. S.
Minneapolis, MN 55488
© 2013 StarTribune. All rights reserved.
StarTribune.com is powered by Limelight Networks