It took about a month longer than it has in the recent past, but The Associated Press finally gave us their yearly gift and reported the official year-end payrolls for 2022—both the Labor Relations Department and Competitive Balance Tax varieties.
This is one of my favorite and most looked forward to reports of the year, as I get to compare my estimates to actual verified figures.
Back in October, I put to print my estimated payrolls of $60,925,548 (LRD) and $73,959,797 (CBT). Just how did these end up comparing?
First of all, I want to point out some quick adjustments, at least to the CBT calculation.