States' Fiscal Health

States are managing through a slow and uneven economic recovery and many have not yet returned to pre-recession revenue levels. Rising health care, education, and infrastructure costs are placing pressures on annual budgets. The ways in which policymakers confront these challenges will affect states and the nation for years to come. Pew's work on states' fiscal health provides data, analysis, and guidance to help states navigate their fiscal challenges and identify and understand potential policy approaches. We examine key trends in state economies and budgets, and research and advance promising approaches to managing volatile state finances in an era of heightened uncertainty.

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  • New Law Allows Utah to Improve Rainy Day Savings

    Utah Governor Gary Herbert (R) signed into law H.B. 333 on March 27. The measure increases the amount of money the state can put into its rainy day funds. These new maximum balances will significantly improve the state’s capacity to save, manage volatility in its revenue collections, and prepare for the next economic downturn. Read More

  • Wyoming Lawmakers Consider How to Use Rainy Day Fund

    Wyoming will mark its 125th birthday this year in a better position than most states: Its energy-based economy is growing along with its population, its tax rates are low, more people have jobs than ever and the state has no general obligation debt. Things are so good that one of the state’s challenges is deciding how to spend the money accumulating in its rainy day fund. Read More

  • Employment Rates Still Below Prerecession Levels in Most States

    Employment rates for 25- to 54-year-olds were lower in 28 states in 2014 than in 2007, before the Great Recession. This decline means less potential revenue for state governments from personal and business income taxes and sales tax—and often increased strain on assistance programs. Read More

Fiscal 50: Interactive

Explore State Trends and Analysis

Sort and analyze data on key fiscal, economic, and demographic trends in the 50 states and understand their impact on states’ fiscal health.

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Media Contact

Sarah Leiseca

Officer, Communications