Tax Revenues Finished 2010 Strong; Growth Continues in Early 2011

Source: Lucy Dadayan and Donald J. Boyd, Nelson A. Rockefeller Institute of Government, State Revenue Report, no. 83, April 2011

From the press release:
States’ tax revenues finished strong in 2010, continuing a trend toward gradual fiscal recovery, according to the Rockefeller Institute of Government’s latest State Revenue Report.

State tax revenues grew by 7.8 percent in the fourth quarter of 2010, compared to the fourth quarter of 2009, according to Rockefeller Institute research and Census Bureau data. This is the fourth consecutive quarter that states reported growth in collections on a year-over-year basis. Forty-two states reported tax revenue growth during the fourth quarter, with nine showing double-digit growth.

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