State Revenue Report # 74: State Tax Revenue Falling Sharply in Fourth Quarter, Early Data Show
Publication Date: January 2009
Publisher(s): Nelson A. Rockefeller Institute of Government
Keywords: State Tax Revenue; State Tax Collections
Coverage: United States
Fiscal conditions in the states worsened dramatically in the last quarter of 2008, according to preliminary data analyzed by the Rockefeller Institute of Government. Total tax collections during the quarter declined more than 4 percent from the previous year, based on available data. The forecast for early 2009 looks similarly bleak.