Releases

IFO Releases

Economic Impact from Regulation of Single-Use Plastics

June 30, 2020 | Economics and Other

As required by Act 20 of 2019, this report examines the economic impact from the regulation of single-use plastics. The report considers three types of regulation that have been enacted by other states and local jurisdictions: a ban, a fee and a ban-plus-fee. The report examines potential outcomes if these regulations were implemented statewide for plastic retail bags. The analysis is also extended to a ban on expanded polystyrene foam foodservice products.

Tags: economic, plastics, report

Full Report

PSCOA Wage Contract Analysis

June 26, 2020 | Wage Contracts

This letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Pennsylvania State Corrections Officers Association (PSCOA).

Tags: contract, wage

Full Report

Impact Fee Update and 2020 Outlook

June 25, 2020 | Energy

This report examines impact fee collections for 2019 and provides an outlook for 2020.

Tags: gas

Full Report

Official Revenue Estimate FY 2020-21

June 22, 2020 | Revenue Estimates

This report provides revised revenue estimates for FY 2019-20 and official estimates for FY 2020-21 related to the General Fund, Motor License Fund, Lottery Fund and federal funds subject to appropriation. 

Presentation

Methodology

Tags: estimates, revenue

Full Report

June 2020 Economic Update

June 17, 2020 | Revenue & Economic Update

The June edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

Full Report

County Income Patterns

June 10, 2020 | Economics and Other

This research brief presents four maps that illustrate recent demographic and income trends at the county level. The release highlights population change, personal income growth and per capita figures for all counties of the Commonwealth.

Tags: brief, county, incomes, research

Full Report

May 2020 Revenue Update

June 01, 2020 | Revenue & Economic Update

The Commonwealth collected $2.11 billion in General Fund revenues for May, a decline of $510.7 million compared to May 2019. The IFO estimates that the COVID-19 virus reduced monthly collections by $515 million due to the impact of continued business closures and other mitigation efforts to slow the spread of the COVID-19 virus.

Tags: estimates, monthly, revenue

Full Report