A Slow Recovery in the States

July 28, 2010

A new report from the National Conference of State Legislatures suggests that while states are no longer experiencing steep declines in revenues, recovery is going to be a slow process. Nearly every state is now projecting fiscal 2011 revenue to be more than 2010 revenue, but the figures for 2010 are so much lower than past years that the increases are likely to be far short of a full recovery.

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