State Revenue Report # 78: Recession or No Recession, State Tax Revenues Remain Negative

Publication Date: January 2010

Publisher: The Nelson A. Rockefeller Institute of Government

Author(s): Donald J. Boyd; Lucy Dadayan

Research Area: Government

Keywords: State Tax Revenues; Recession

Type: Report

Coverage: United States

Abstract:

State tax collections for the third quarter of 2009 showed a double-digit decline from the previous year -- for the third consecutive quarter, according to this Institute report. While the revenue picture improved modestly from the preceding two quarters, budget woes are likely to linger at least through 2010.