IFO Releases
August Economic and Revenue Update
August 25, 2021 | Economics and Other
Director Matthew Knittel presented an economic and revenue update to the PA Association of Community Bankers.
Tags: economic, presentation, revenue
Labor Market Update- August 2021
August 24, 2021 | Economics and Other
The IFO released its monthly update that tracks the state labor market. The labor market continued to improve in July as pandemic-related job losses declined from the prior month.
State Pension System Testimony
August 19, 2021 | Economics and Other
Director Matthew Knittel provided testimony regarding the state pension systems to the House State Government Committee, Subcommittee on Public Pensions, Benefits and Risk Management.
Tags: pension, presentation
County Income Patterns
August 10, 2021 | Economics and Other
This research brief presents five maps that display 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.
Labor Market Update- July 2021
July 19, 2021 | Economics and Other
The IFO issued a new monthly publication that tracks the state labor market. The labor market improved in June as pandemic-related job losses declined following stagnation in previous months.
State Pension System Update
July 13, 2021 | Economics and Other
Director Matthew Knittel provided a state pension system update for the PICPA Not-for-Profit and Government Accounting Conference.
Tags: pension, presentation
Labor Market Update - June 23, 2021
June 23, 2021 | Economics and Other
The IFO released its second edition of a new monthly publication that tracks conditions in the state labor market. Despite significant federal stimulus and job openings/quit rates at series highs, the May payroll jobs data do not reveal any reduction in pandemic-related job losses.
Economic and Revenue Update
June 17, 2021 | Economics and Other
Director Matthew Knittel provided a brief economic and revenue update for the PACP Chamber Day.
Tags: budget, economic, presentation
Labor Market Update- June 2021
June 03, 2021 | Economics and Other
The IFO issued a new monthly publication that tracks the state labor market. The data show that the pace of payroll jobs creation has stagnated despite significant federal stimulus.
Economic Impact of Federal Stimulus
May 10, 2021 | Economics and Other
This research brief examines the impact of certain federal stimulus programs enacted in response to the COVID-19 pandemic on Pennsylvania residents and the economy. It estimates the total amount of federal stimulus provided directly to individuals by income group and considers the impact on employment, output, and whether the infusion of federal monies into the state economy is conducive to raising the state minimum wage.