Pew: Despite state tax revenue dipping in last 2018 fiscal quarter, 2019 receipts expected to ...
(World News USA)

The number of states posting full economic recoveries since the Great Recession has dropped to 40, after state tax revenue dipped in the fourth quarter of 2018, according to new research released from The Pew Charitable Trusts. But the drop is expected to be short-lived, the report states note. In the third quarter of 2018, all but five states reported tax revenue increases over pre-recession highs, after accounting for inflation. `The U.S. economic recovery - which could turn out to be the longest on record - has played out unevenly across states,` the report states. North Dakota and a group of western and southern states have reported the strongest economic growth, with Connecticut...