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.
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Pew Comments: North Carolina Bill to Strengthen Savings Reserves Contains Rainy Day Fund Best Practices
Stephen Bailey of The Pew Charitable Trusts’ state fiscal health and economic growth project testified before the North Carolina House Standing Committee on Appropriations on Feb. 9 in support of H.B. 7, An Act to Strengthen the Savings Reserve. Read More
Yearly swings in tax revenue can confound policymakers’ best efforts to balance state budgets. These fluctuations vary greatly across the 50 states. Over the past two decades, Alaska has faced by far the greatest volatility in total tax revenue, while South Dakota has experienced the least, not counting revenue swings caused by tax policy changes. Read More
Tax collections fell in a majority of states in the second quarter of 2016, ending seven straight quarters of growth in total state tax revenue. Despite the slump, the 50-state total and receipts in 27 states were higher than before their plunge in the Great Recession, after adjusting for inflation. 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.