Releases

Economics and Other

IFO Releases

SNAP Policy Changes Expand Program

January 03, 2024 | Economics and Other

This research brief uses the latest data from the US Dept of Agriculture to examine post-pandemic SNAP trends. Since November 2019, policy and definition changes have increased the number of recipients by 16% and the average monthly benefit by 52%.

Full Report

Gasoline Consumption Remains Subdued

December 19, 2023 | Economics and Other

The IFO updated a gasoline consumption research brief published in January 2023 with additional consumption and retail pump price data. Gasoline consumption remains well below pre-pandemic levels partially due to the continuation of hybrid and remote work schedules for some workers.

Tags: brief, consumption, gasoline, research

Full Report

Testimony on the 2023 Basic Education Funding Commission Survey

December 15, 2023 | Economics and Other

Director Matthew Knittel provided testimony to the Basic Education Funding Commission on the results from the 2023 Basic Education Funding Commission Survey.

The IFO response to questions raised at the BEFC hearing can be found here.

Tags: basic, education, survey

Full Report

Cigarette Tax Collections Collapse Since Pandemic

December 11, 2023 | Economics and Other

This research brief highlights the dramatic decline in federal, state and Philadelphia cigarette tax collections since FY 2018-19.

Tags: brief, cigarette, research, tax

Full Report

PA Worker Earnings Catch Up to Inflation

November 30, 2023 | Economics and Other

The COVID-19 pandemic caused an inflation surge and wage pressures due to worker shortages and strong demand. This research brief uses the latest published data to examine how those outcomes affected real wages and earnings for the average or typical Pennsylvania private sector worker.

Tags: brief, earnings, inflation, research

Full Report

Pennsylvania's Strained Nursing Homes

October 25, 2023 | Economics and Other

The IFO posted a new research brief that discusses placement waitlists and potential cost implications from the contraction in nursing home capacity since 2019.

Tags: brief, homes, nursing, research

Full Report

2023 Demographic Outlook

October 19, 2023 | Economics and Other

Section 604-B (a)(2) of the Administrative Code of 1929 specifies that the Independent Fiscal Office (IFO) shall “provide an assessment of the state’s current fiscal condition and a projection of what the fiscal condition will be during the next five years. The assessment shall take into account the state of the economy, demographics, revenues and expenditures.” This report fulfills the demographics obligation of this statute. The IFO will release the Economic and Budget Outlook for Fiscal Years 2023-24 to 2028-29 in November 2023.

Tags: demographics, outlook

Full Report

Economic and Revenue Impact of Student Loan Moratorium

October 03, 2023 | Economics and Other

Director Knittel gave a presentation at the FTA Revenue Estimation and Tax Research Conference on the economic and revenue impact of the student loan moratorium.

Tags: loan, presentation, student

Full Report

Treasury Windfalls Boost Revenues

September 25, 2023 | Economics and Other

Treasury collections are up dramatically from prior years. This research brief examines the cause of the windfalls and explains why they aren’t expected to continue over the long-term.

Tags: brief, research, treasury

Full Report

Economic Update

September 14, 2023 | Economics and Other

Director Knittel made a brief presentation to an economic summit hosted by the York County Delegation of the General Assembly.

Tags: economic, presentation

Full Report