The U.S. Direct Investment Abroad and Foreign Direct Investment in the United States Positions Show Significant Growth in 2024

The cumulative level of U.S. direct investment abroad, a key indicator of American economic engagement with the global marketplace, experienced a substantial increase of $206.3 billion, reaching a new high…

Navigating the Complexities of Sales Tax Exemption Certificate Management in the Modern Regulatory Environment

As the landscape of United States tax compliance continues to evolve in 2026, sales tax exemption certificates have emerged as a cornerstone of commercial transactions, dictating the flow of billions…

Worldwide Employment by U.S. Multinational Enterprises Decreased Slightly in 2023, Reflecting Global Economic Shifts

Washington D.C. – In 2023, U.S. multinational enterprises (MNEs) experienced a marginal decline in their global workforce, employing 43.9 million individuals, a 0.4 percent decrease from the revised 44.1 million…

Puerto Rico’s Real Gross Domestic Product Increased 3.0 Percent in 2023

Puerto Rico’s economy experienced a notable rebound in 2023, with real gross domestic product (GDP) increasing by 3.0 percent. This marks a significant turnaround from the 2.1 percent decrease recorded…

Foreign-Owned Companies Bolster U.S. Economy with Record Employment and Investment

The United States economy experienced a significant boost in 2023 from the operations of majority-owned U.S. affiliates of foreign multinational enterprises (MNEs), with these entities employing a record 8.66 million…

U.S. Current-Account Deficit Narrows in Third Quarter 2025 Driven by Primary Income Surplus and Services Growth

Washington D.C. – The United States experienced a significant narrowing of its current-account deficit in the third quarter of 2025, shrinking by $22.8 billion, or 9.2 percent, to $226.4 billion.…

U.S. International Investment Position Widens to a Net Deficit of $27.61 Trillion in Q3 2025

The United States recorded a significant widening of its net international investment position, reporting a deficit of $27.61 trillion at the close of the third quarter of 2025. This figure,…

Essential Sales Tax Compliance Strategies and Regulatory Updates for the 2026 Fiscal Year

As the global economy moves into the first quarter of 2026, corporate accounting departments and e-commerce retailers face an increasingly complex regulatory environment characterized by shifting nexus thresholds, legislative changes…

Nationwide Economic Growth Accelerates in Q3 2025, Driven by Key Industries and Strong Personal Income Gains

The U.S. Bureau of Economic Analysis (BEA) has unveiled its comprehensive third-quarter 2025 economic report, detailing a robust expansion across all 50 states and the District of Columbia. The data,…

March 2026 Sales Tax Due Dates: A Comprehensive Guide for E-commerce Compliance and State Regulations

March 2026 represents a critical juncture for online retailers, multi-state corporations, and small business owners as they navigate the complexities of state-level tax compliance. This month is particularly significant in…