State Revenue Report #79: Revenue Declines Less Severe, But States' Fiscal Crisis Is Far From Over: Recovery Not in Sight; May Be Long and Slow


Publication Date: April 2010

Publisher: The Nelson A. Rockefeller Institute of Government

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

Research Area: Banking and finance; Government

Keywords: State Tax Revenues; local Taxes; Tax Collections; State Revenue Declines

Type: Report

Abstract:

A decline in states' tax collections for the fifth straight quarter suggests a long, slow fiscal recovery ahead. While the decline in the final quarter of 2009 was not as steep as in previous quarters, preliminary figures for early 2010 show continued weakness.