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Pew – Fiscal 50: State Trends and Analysis

Fiscal 50: State Trends and Analysis, an interactive resource from The Pew Charitable Trusts, allows you to sort and analyze data on key fiscal, economic, and demographic trends in the 50 states and understand their impact on states’ fiscal health…States have regained much of the fiscal and economic ground they lost in the Great Recession, but not all have fully rebounded, despite almost nine years of recovery. Some states are in a stronger position than others as they try to gauge how long the economic recovery will last and how federal tax reform and evolving White House and congressional funding priorities could affect their finances. The slow pace of tax revenue growth has left many states with little or no wiggle room in their budgets. Sixteen states still collect less tax revenue than at their recession-era peaks, after adjusting for inflation, and most have a thinner financial cushion than they did before the last downturn. In addition, 10 states’ employment rates still clearly trail 2007 levels. Despite these challenges, personal income in all states has bounced back above pre-recession figures, though growth has fallen short of historic norms…”

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