Releases

More Older Pennsylvanians Working

April 17, 2024 | Economics and Other

This research brief uses the latest data from the U.S. Census Bureau Quarterly Workforce Indicators to track the age composition of Pennsylvania payroll workers. Compared to data prior to COVID-19, there has been a large absolute (number) and relative (growth) increase in older workers.

Healthcare and Government Drive PA Job Gains

April 10, 2024 | Economics and Other

The latest jobs data from the U.S. Bureau of Labor Statistics show that all Pennsylvania job gains for 2024 occurred in the government, healthcare or accommodation-food service sectors. The data reflect the aging demographics of the state and on-going demand for dining out and social assistance services.

Economic and Budget Update Presentation

April 05, 2024 | Economics and Other

The IFO presented on the Commonwealth's economic and budget outlook at a session of the Pennsylvania Education Policy and Leadership Center. 

Sports, Marketing & Tourism Series: 2023 Ironman PA Happy Valley Triathlon

April 04, 2024 | Economics and Other

The IFO published an economic impact report for the Ironman 70.3 Pennsylvania Happy Valley Triathlon in Centre County (July 2023). The analysis finds that economic activity related to the event generated over $4.7 million in statewide spending, supported 30 full-time equivalent jobs, and $238,000 in select state and local taxes.

March 2024 Revenue Update

April 01, 2024 | Revenue & Economic Update

The Commonwealth collected $6.28 billion in General Fund revenues for March, an increase $89 million (+1.4%) compared to March 2023.

The IFO transmitted a brief revenue update to the chairs of the Senate and House Appropriations Committees.