- Jobless claims fall again. After an unexpected rise the week before, claims for new unemployment benefits dropped last week to a 42-year low. Though weekly claims can be very volatile, the data points to a strengthening labor market.
- Chain store sales fall. The latest data from retail chains shows that shoppers cut back on their spending in September. Low sales may bode ill for the holiday shopping season.
- U.S. trade gap widens on weak demand. August exports abroad took a major hit from the ailing global economy and a strong dollar, sending the trade gap – the difference between imports and exports – to its highest level in five months. 
- Consumer borrowing falters. Americans borrowed money from lenders at the slowest rate in August in six months. Though household borrowing still grew, Americans lost their appetite for auto and education lending.
“Success is simple. Do what’s right, the right way, at the right time.” – Arnold GlasowTAX TIP: Act Now to Avoid Tax-Time Surprises Avoid large refunds or unexpected tax bills at tax time by bringing your estimated taxes in line with what you will actually owe: Check your withholding. If you’re an employee, work with your tax professional or use the IRS Withholding Calculator to check that your withholding is correct. If you’re not withholding enough from your paychecks, you may want to set aside money now for your future tax bill. Report any important life changes. If you’ve recently gotten married, had a child, gotten divorced, or added other dependents, you may need to adjust your withholding. If you have changed your name, make sure to file the change with the Social Security Administration to avoid errors at tax time. Have multiple sources of income? If you work multiple jobs or receive reportable income from other sources, you may need to make estimated tax payments. Consult a qualified tax professional for help. To learn more about adjusting your tax withholding or paying estimated taxes, ask your tax professional or check Publication 505, Tax Withholding and Estimated Tax. Tip courtesy of IRS.gov Click here to view full newsletter including reference articles, golf tips, our recipe of the week and more! Notes on featured image: All index returns exclude reinvested dividends, and the 5-year and 10-year returns are annualized. Sources: Yahoo! Finance and Treasury.gov. International performance is represented by the MSCI EAFE Index. Corporate bond performance is represented by the DJCBP. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly