After modest improvements in fiscal years (FYs) 2010 and 2011, state economies and budgets generally continued to strengthen in FY 2012. As a result, states have undertaken the long, slow process of recovering from the recession that devastated their budgets in FYs 2008-2009. States have adjusted to the loss of federal fiscal assistance after FY 2011, and state economies seem to have regained momentum after getting off to a rough start in 2012. This issue includes the following:
Index of State Economic Momentum
Continuum of State Fiscal Stress
