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
More than five years after the Great Recession officially ended in June 2009, states’ financial conditions continue to improve. But most states have yet to return to prerecession performance on some key measures of fiscal health. Even after states overcome the effects of the downturn, additional challenges await them. Read More
Despite a slump in the first half of 2014, total state tax collections still exceeded their highest level from before revenue plunged during the Great Recession. But state by state, recovery is uneven. Adjusted for inflation, tax receipts in 29 states had not fully rebounded by the second quarter of 2014. Read More