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
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
Across the country, volatility in state revenue is growing more dramatic. These swings, whether up or down, can confound the best efforts of state officials and policymakers to forecast revenue and keep budgets in balance. Read More