Releases

Revenue & Economic Update

IFO Releases

July 2021 Revenue Update

August 02, 2021 | Revenue & Economic Update

The Commonwealth collected $2.70 billion in General Fund revenues for July, a decrease of $1.40 billion (-34.2%) compared to July 2020. July 2020 collections included roughly $1.62 billion in revenue that was shifted from FY 2019-20 due to the COVID-19 pandemic. Excluding this shift, July 2021 revenues exceeded the prior year by $216.2 million (8.7%).

Tags: estimates, monthly, revenue

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July 2021 Economic Update

July 14, 2021 | Revenue & Economic Update

The July 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. 

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June 2021 Revenue Update

July 02, 2021 | Revenue & Economic Update

The Commonwealth collected $40.39 billion in General Fund revenues for FY 2020-21, an increase of $8.12 billion (25.1%) from the prior fiscal year.

Tags: estimates, monthly, revenue

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June 2021 Economic Update

June 17, 2021 | 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

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May 2021 Revenue Update

June 01, 2021 | Revenue & Economic Update

The Commonwealth collected $3.95 billion in General Fund revenues for May, an increase of $1.84 billion (87.5%) compared to May 2020.

Tags: estimates, monthly, revenue

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May 2021 Economic Update

May 18, 2021 | Revenue & Economic Update

The May 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

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April 2021 Revenue Update

May 03, 2021 | Revenue & Economic Update

The Commonwealth collected $3.96 billion in General Fund revenues for April, an increase of $1.78 billion (81.7%) compared to April 2020.

Tags: estimates, monthly, revenue

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April 2021 Economic Update

April 28, 2021 | Revenue & Economic Update

The April 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

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March 2021 Revenue Update

April 01, 2021 | Revenue & Economic Update

The Commonwealth collected $4.84 billion in General Fund revenues for March, an increase of $407.9 million (9.2%) compared to March 2020.

Tags: estimates, monthly, revenue

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March 2021 Economic Update

March 22, 2021 | Revenue & Economic Update

The March 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

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