Strong Growth in the First Half; Softening Growth Outlook for the Rest of 2013 / At End of Fiscal 2013, Real State Tax Revenues Are Now Above Peak Levels of 2008

Source: Lucy Dadayan and Donald J. Boyd, Nelson A. Rockefeller Institute of Government, State Revenue Report, no. 93, December 2013

According to the new State Revenue Report, at the end of Fiscal 2013 inflation-adjusted revenue collections surpasses the peak levels recorded in fiscal 2008. While most states reported strong revenue growth in the first and second quarters of 2013, early figures indicate that the growth has softened significantly since then.
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