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The fiscal condition of the New England states: an update

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Author Info
E. Matthew Quigley

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Abstract

In 1999, New England Economic Indicators published an article detailing the fiscal condition of the New England states. At that time, all six states were experiencing double-digit revenue growth, spearheaded by soaring personal income tax receipts. Flush with cash, states were able to fund myriad programs, capitalize rainy day funds, and enact widespread tax cuts. The article concluded, quite correctly, that "all in all, the fiscal condition of the New England states remains strong." And remain strong it did through FY2000 and FY2001. In FY2002, the states' fortunes changed.

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File URL: http://www.bos.frb.org/economic/neei/articles/fisccond/2003/fiscal03.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Boston in its journal New England Economic Indicators.

Volume (Year): (2003)
Issue (Month): Jan ()
Pages: i-iv
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Handle: RePEc:fip:fedbni:y:2003:i:jan:p:i-iv

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Related research
Keywords: Economic conditions - New England ; Fiscal policy - New England;

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This page was last updated on 2009-12-18.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.