U.S. federal government budget widened to $192.8 billion in February ... the second largest monthly deficit on record ... receipts dropped 17% to $87.3 billion, the lowest since February 1995.
In February, individual income taxes fell 64% to just $8.7 billion. That's the lowest monthly total for individual income taxes since May 1985.
Earlier today, the BLS released the state unemployment rates for January. Four states are now above 10%: Michigan, South Carolina, Rhode Island and California.
Vehicles Sales Increase to 15.7 million SAAR in April; Up Slightly YoY
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Wards Auto released their estimate of light vehicle sales for April: U.S.
Light-Vehicle Sales Trudge Along with Tepid Growth in April (pay site).
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