The Pew Charitable Trusts illuminates states’ fiscal challenges through research, including comprehensive 50-state assessments. In these assessments, we rate the states on their performance, highlighting effective approaches and creating pressure for reform. Our team uses its expertise to examine key trends in state finances—including revenues, expenditures, and borrowing. We also track and compare state budget policies, including budget stabilization funds and forecasting practices. Our goal is to provide data, analysis, and guidance to help state policymakers manage economic and revenue volatility, improve transparency, and increase fiscal health over the long term.
Research & AnalysisView All
States’ fiscal conditions have improved since the Great Recession ended six years ago, but their recoveries are incomplete. More than 20 states still collect less tax revenue than at their recession-era peaks, after adjusting for inflation, and most have yet to rebuild their financial cushions to pre-recession levels. In addition, 23 states’ employment rates trail 2007 levels. Despite... Read More
In a sign that the U.S. economic recovery is widespread, personal income in all states is back above levels seen at the Great Recession’s onset. But growth has varied among states, ranging from a constant annual rate of less than 1 percent in Nevada to more than 5 percent in North Dakota. 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.