IFO Releases
Natural Gas Production Report, 2019Q1
May 30, 2019 | Energy
This report for the first quarter of 2019 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
Property Tax Replacement Estimates
May 23, 2019 | Property Tax
In response to a legislative request, the IFO has posted a letter that provides revenue estimates for various proposed changes to the state tax code that affect personal income, sales and property taxes.
IFO News Stand - May Edition
May 22, 2019 | Economics and Other
The May edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.
Initial Revenue Estimate FY 2019-20
May 20, 2019 | Revenue Estimates
The initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19 are included. For the PowerPoint presentation, click on the hyperlink above.
Initial Revenue Estimate FY 2019-20 Presentation
May 20, 2019 | Revenue Estimates
Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19.
Economic and Revenue Update
May 16, 2019 | Economics and Other
Director Matthew Knittel made a brief presentation to the Harrisburg Trade Association Executives on recent revenue and economic trends for the U.S. and Pennsylvania.
APRIL 2019
May 01, 2019 | Revenue & Economic Update
The Commonwealth collected $4.41 billion in General Fund revenues for April, an increase of $659.5 million (17.6%) compared to April 2018. Fiscal year-to-date revenues are $29.16 billion, an increase of $135.9 million (0.5%) from the prior year.
PA Economy League Presentation
May 01, 2019 | Economics and Other
In partnership with the Pennsylvania Economy League, Director Matthew Knittel and Deputy Director Brenda Warburton will make multiple presentations on raising the state minimum wage to $12.00 per hour. The presentation examines the proposed minimum wage’s impact on employment, worker incomes, prices and state spending.