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Publication Date: January 2009
Publisher: Nelson A. Rockefeller Institute of Government
Author(s): Lucy Dadayan; Donald J. Boyd
Research Area: Banking and finance; Economics; Government
Keywords: State Tax Revenue; State Tax Collections
Type: Report
Coverage: United States
Abstract:
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.