U.S. Current-Account Deficit Narrows Significantly in Fourth Quarter of 2025, Driven by Income Surpluses and Reduced Goods Deficit
The United States experienced a notable reduction in its current-account deficit during the fourth quarter of 2025, a key indicator of the nation’s economic interactions with the rest of the…
The Custodial Crisis Why Mismanaging Sales Tax is a High-Stakes Gamble for E-commerce Businesses
In the rapidly evolving landscape of global e-commerce, a persistent and dangerous misconception continues to threaten the viability of emerging and established enterprises alike: the belief that all currency flowing…
The Arts and Cultural Production Satellite Account Shows Robust Growth in 2023
The U.S. Bureau of Economic Analysis (BEA) today unveiled a comprehensive report detailing the significant economic contributions of the arts and cultural sector in 2023. The Arts and Cultural Production…
The Marine Economy Satellite Account Reveals Robust Growth and Significant Contribution to U.S. GDP in 2023
The U.S. marine economy demonstrated a strong performance in 2023, contributing significantly to the nation’s economic output and showing robust growth in employment and compensation. Statistics released by the U.S.…
Foreign Direct Investment in U.S. Businesses Declines in 2024 Amid Shifting Global Economic Landscape
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $151.0 billion in 2024, a notable decrease from the previous year, according to preliminary statistics released by…
The Comprehensive Guide to Resale Certificate Verification and Sales Tax Compliance Standards for Modern E-commerce Sellers
The administrative burden of sales tax compliance has shifted significantly toward the seller in the modern e-commerce era, particularly regarding the validation of resale certificates. When a business entity purchases…
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…
FASB Proposes New Guidance for Discount Rate Measurement in Market-Return Cash Balance Pension Plans

















