The chart below shows payroll tax collections through March 2009. They are expressed as a percentage change from the same month in the prior year.
As compared to the same quarter in the prior year, 2008 Q4 payroll tax collections fell 4 percent. As compared to the same quarter in the prior year, 2009 Q1 payroll tax collections fell 8 percent. This is one indicator that the contraction of payroll spending in Q4 continued at about same pace in Q1.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOQABkxGm-naq3O_sGssrtIbAHLslacqS6nzyc9hZAFqz6f99GHx4pxXbE5_4CxrDXcO5fDoznsdA2PUWMZNT8_kj_46EuWU_ToMzK4T9tC33c0G1ARDv-lyBYw8oc69TJkRov9wquTYk/s400/payrolltaxyoy200903.jpg)
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