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
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
Nationally, total state tax revenue recovered in mid-2013 from its plunge during the Great Recession. But the state-by-state picture is far more mixed. Adjusted for inflation, tax receipts in 30 states had not fully rebounded by the third quarter of 2014. Read More