Balances and Business Cycles in Sectors and Regions
As the current economic recovery grows older, some observers are sizing up where states stand. Recent releases have considered 1) whether states have sufficiently replenished their rainy day funds, 2) how big should those rainy day funds be, and 3) which sector is currently most vulnerable to an economic downturn.
Undocumented Immigrants and State-Local Taxes
The Institute on Taxation and Economic Policy recently updated its estimates of the state-local tax payments made by undocumented immigrants in each state.