Pew's states’ fiscal health initiative 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. Explore news about our work below.
To minimize the need for uncomfortable choices between raising taxes or cutting spending, 48 states have created budget stabilization funds—rainy day funds—that take advantage of boom times by directing surplus revenue into savings that can offset future shortfalls. However, many of these funds lack rules to effectively smooth the ups and downs in revenue. Designing a robust fund, and... Read More
While 27 states conduct debt affordability studies, only nine produce studies with all the necessary elements to give policymakers a clear understanding of their state’s debt levels, according to a report released today by The Pew Charitable Trusts. Read More
Many states struggle with when and how to make withdrawals from their rainy day funds, a situation that can lead to poorly timed use of these reserve accounts, according to a report by The Pew Charitable Trusts. Read More
Explore Fiscal 50 Interactive
Sort and chart data about key fiscal and economic trends in the 50 states, and read Pew's insights.