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Newsfeed: New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth – A Wirepoints 50-state survey

Newsfeed: New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth

Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.

Newsfeed: US New Home Sales Collapse In April

Newsfeed: US New Home Sales Collapse In April

Following the unexpectedly large decline in existing home sales (directionally not unexpected given the surge in mortgage rates, plunge in mortgage apps, slump in homebuilder sentiment, drop in building permits, and weakening in labor market signals that are emerging), analysts expected new home sales to slide 1.8% MoM in April.

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