Testimony on the 2023 Basic Education Funding Commission SurveyDirector 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 |
Testimony on the 2023 Basic Education Funding Commission surveyDirector 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. 12/15/2023 |
Property Tax/Rent Rebate ExpansionThis research brief uses data from the Pennsylvania Department of Revenue, the American Community survey and Social Security Administration to estimate the impact of the recently enacted expansion of the PTRR program. It provides detail on impact by income level, claimant type and county. 08/09/2023 |
Property Tax by County and IncomeThis research brief uses data from the U.S. Census Bureau's American Community survey to provide Pennsylvania property tax data for 2018 by county, household income and homeowner age. 04/07/2020 |
School Property Taxes; Households Age 60, 65 and 70 or OlderIn response to a legislative request, the IFO analyzed data from the American Community survey (ACS) to estimate the share of school property taxes paid by households in which the householder (or spouse, if applicable) had attained the ages 60 or over, 65 or over and 70 or over. The analysis applies the shares derived from the ACS to estimated school district property tax collections attributable to homestead properties for FY 2015-16 to further estimate the dollar amounts paid by such households. 12/11/2017 |
County Homestead DetailAs an extension of its recent research relating to property taxes, the IFO has released additional data regarding homestead property. Estimates for the numbers and assessed values of homestead properties by county are based, in large part, on the results of a survey of county assessment offices. The County Commissioners Association of Pennsylvania provided valuable assistance by coordinating the survey. Data for Philadelphia has been adjusted based on new information provided by the Philadelphia Department of Revenue. 12/06/2017 |
BEFC_Response_Letter_12_19_23.pdfletter responds to questions raised at the December 14, 2023, Basic Education Funding Commission (BEFC) hearing regarding the 2023 BEFC Survey conducted by the Independent Fiscal Office (IFO). Representative Sturla asked for a list of outliers on each table from the 2023 BEFC Survey. (Note: A specific question was asked about the value of the excluded outlier for the homeless multiplier on page 8 Hits: 58 |
BEFC_Survey_Results_FINAL.pdfFROM: Matthew Knittel, Director Independent Fiscal Office DATE: December 14, 2023 RE: Results from the 2023 Basic Education Funding Commission Survey ________________________________________________________________________________ This document provides summary tabulations for the Basic Education Funding Commission (BEFC) survey sent by the Pennsylvania Department of Education to 100 school districts and 25 charter schools in October 2023. The data reflect Hits: 48 |
Single-Use Plastics Report-2020_06.pdfand economic-related research, performance-based budgeting initiatives and various other projects including the Special Education Funding Formula survey. Mathieu Taylor, Fiscal Analyst II Mr. Taylor joined the IFO in December 2018. Primary responsibilities include state and local pension anal- ysis retail bags as their fourth largest operating cost, after electricity, payroll and credit card fees. Consumers •A recent survey of Pennsylvanians found that approximately 70 percent of shoppers would not be willing to pay for a plastic bag if required and Hits: 42 |
2004_srpvffinal.pdfa discussion of the organization and nature of volunteer firefighting in the Commonwealth, presents the findings of the Commission’s survey of statewide retirement plans for volunteer firefighters in other states, and provides topical discussions and recommendations pertaining to the implementation Halliwell Chairman -v- Letter of Transmittal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iii Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii Part I – Background Discussion . . . . . . . . . . . . . . . . . . . . . . . . 1 Part II – Survey Findings and Conclusions . . . . . . . . . . . . . . . . . 7 Part III – Discussion and Recommendations . . . . . . . . . . . . . . . . . 17 Part IV – Appendices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Appendix I – Proposed Provisions for Eligibility Hits: 37 |
perez ppt.pdfEstimate) Personal Income Tax* General Sales Tax Corporate Income Tax Above Estimate On Target Below Estimate Not applicable Source: NCSL survey of state legislative fiscal offices, Fall 2011 *New Hampshire and Tennessee do not levy a personal income tax, but tax Target, 16 (4 , 5 ) Below Target, 10 (0 , 2 ) No personal income tax, 9 Source: NCSL survey of state legislative fiscal offices, Fall 2011 FY 2012 General Sales Tax Collections (Compared with the Latest Estimate) Above Target Hits: 22 |
2000_cost_of_living_adjustments.pdfcommentary on the Common- wealth’s past practices with respect to cost-of-living adjustments, and a summary of the survey conducted by the Commission to determine the funding practices in other states that provide cost-of-living adjustments. As directed vii Part I - General Background and Discussion . . . . . . . . . . . 1 Part II - The Commonwealth’s Past Practice . . . . . . . . . . . . 15 Part III - Discussion of Survey and Findings . . . . . . . . . . . . 21 Part IV - Commission Recommendations . . . . . . . . . . . . . . . 27 Appendix I - Draft Legislation to Implement Commission’s Recommendations . . . . . . . . . . . . . 33 Appendix II Hits: 21 |
Revenue-Proposal-Analysis-2020-04.pdfgrowth rate computation. 1 Data through FY 2016-17 are from the U.S. Census Bureau's Annual Survey of State Government Tax Collections. Data for the U.S. is based on U.S. corporate domestic profits. Tax and Revenue Proposals tax. Sources: Pennsylvania base expansion estimate developed by the Pennsylvania Department of Revenue. Other state estimates from a survey of select states by the National Conference of State Legislatures, various state fiscal notes, analyses and reports. Combined Reporting Base Expansion Estimates Hits: 18 |
PBB_2023_DCNR_REPORT.pdf13 Activity 3: Local Recreation and Conservation ..................................................................................... 17 Activity 4: Facility Design and Construction ......................................................................................... 23 Activity 5: Administration and Geological Survey ................................................................................. 27 Appendix .......................................................................................................................................... 31 Performance-Based Budgeting and Tax Credit Review Schedule ....................................................... 31 Agency Response .......................................................................................................................... 32 - This page intentionally left blank conservation projects 4 Facility Design and Construction..................... Design and construct facilities for state parks and forests 5 Administration and Geological Survey.......... Provide organizational support and geological data DCNR: Activities and Primary Services Provided 17-18 Actual 18-19 Actual 19-20 Hits: 16 |
PBB_2022_DHS_REPORT_ADDENDUM.pdforganization, but most are program wide. DHS also administers the HCBS Consumer Assessment of Healthcare Providers and Sys- tems (CAHPS) Survey annually to a random sampling of partici- pants that receive HCBS. The chart at the left details se- lected metrics Healthcare Effectiveness Data and Information Set (HEDIS) and consumer satisfaction metrics using Consumer Assessment of Healthcare Providers and Systems (CAHPS) surveys. The tables starting on the next page include these additional measures for the latest year. Community HealthChoices | Page 18 AmeriHealth Hits: 16 |
Revenue-Proposal-Analysis-2019-03.pdfReporting Base Expansion 2 Data through FY 2016-17 are from the U.S. Census Bureau's Annual Survey of State Government Tax Collections. Data for FY 2017-18 are estimated based on information published on various state websites. Tax and not attempt to account for secondary jobs that were not included in the U.S. Census Current Population Survey dataset. This analysis imputes those missing second- ary jobs across wage groups and other characteristics of affected workers such as gender, part- Hits: 15 |
PBB_2023_DDAP_REPORT.pdfwarm handoff referrals and refusals; however, the categorizations have changed over time. From April 2020 through December 2021, warm handoff survey data counted “referrals” as encounters that resulted in an immediate door-to-door referral to treatment. At that time, the survey counted “incompletes” as encounters that resulted in a referral to treatment that was not immediate (e.g., inpatient residential, outpatient Hits: 15 |
PBB_2021_DMVA_REPORT_ADDENDUM.pdffive (best) stars. Each facility receives overall, health inspection, staffing and quality of resident care measures (QM) ratings. 3 ▪ DMVA surveys residents in December and June each year. 4 The resident satisfaction measure is the share of respondents who stated they were "extremely satisfied" or “satisfied.” The FY 2019-20 data are only based on the December survey as the June 2020 survey was not completed due to COVID-19. 3 More information on the methodology used for Hits: 11 |
PBB_2021_DHS_REPORT_ADDENDUM.pdfFamily Foundation analysis of the Center for Disease Control and Prevention's Behavioral Risk Factor Surveillance System (BRFSS) 2015-2019 Survey Results. Performance Measures for MA - Physical Health Services 3 See Notes on Measures. 16 2019 uninsured rate estimated by the Youth Outcomes in PA Comparable to the National Average (FFY 2018) Note: Youth were 21 years old at time of survey and were in the foster care system at the age of 17. Homeless includes those currently homeless or who have Hits: 10 |
PBB_2020_DCED_REPORT.pdfUnited States 23.1 18.8 -- 5.4 -- Source: Business data from U.S. Census Bureau's Annual Survey of Entrepreneurs. Populations from U.S. Census Bureau. 1 Defined as having 51 percent or more of the stock or equity in Bureau of Labor Statistics. Skilled trades data from U.S. Bureau of Labor Statistics' Occupational Employment Statistics (OES) Survey. Occupation codes for skilled trades from The Skilled Trades in New York State report released by the New York Division of Research Hits: 10 |
2012-07 Monthly Economic Summary10.pdfUnemployment Rate The number of individuals unemployed divided by the labor force. Data are from the US Department of Labor - Survey of Households. Monthly Net Job Gains (000s) Average net increase in payroll employment based on latest three months of data. Data are from the US Department of Labor - Survey of Establish- ments. Advance Retail Sales Year-over-year growth rate of retail sales based on latest three months of Hits: 10 |
2002_dbdc_report.pdfservices marketing and information consulting -18- company, and published in the January-February 2001 issue of Profit Sharing. The article, “Survey Examines Behavior of Employees Eligible for Lump-sum Payments,” which was written by Lucian J. Lombardi and Anita Potter of employees eligible for a payment decide to leave the money in their current retirement plans. The article discussed a recent survey conducted by LIMRA International that examined employee handling of lump-sum distributions from retirement plans in the private sector. The Hits: 10 |
Revenue_Proposal_Analysis_2021_04.pdfthat combined reporting would increase CNIT revenues by $1.6 billion, while the DOR estimates $3.8 billion. ▪ An IFO survey of 11 other states that enacted or proposed combined reporting since 2008 reveals that only one other state estimated a due to rounding. Source: FY 2004-05 to FY 2016-17 data from the U.S. Census Bureau's Annual Survey of State Government Tax Collections. Data for the U.S. is based on U.S. corporate domestic profits from the Hits: 9 |
Revenue_Proposal_Analysis_2023_05.pdfTax Exemption for Mobile Telecommunications Note: Millions of dollars. Tax and Revenue Proposals | Page 5 Data from the Consumer Expenditure Survey (CES) show that lower-income households spend a higher share of pre-tax income on cell phone services than higher- 1,500, based on credential level. The credit is refundable and is adjusted annually for inflation. 2 1 Consumer Expenditure Survey (2021), U.S. Bureau of Labor Statistics. 2 See: https://cdec.colorado.gov/early-childhood-educator-income-tax-credit. Income Hits: 8 |
Revenue-Proposal-Analysis-2018-04.pdfa higher minimum wage. This group is discussed later in this section. Compared to 2016, the 2017 survey data utilized in the analysis show a material reduction in the number of workers earning less than $11.99 per hour. That Minimum Wage This analysis uses data from the Merged Outgoing Rotation Group dataset from the 2017 Current Population Survey (CPS). 17 The CPS provides data on the labor force, em- ployment levels, unemployment rates and various demographic characteristics. The monthly survey Hits: 8 |
Response-Letter-09-12-2019.pdfproperty taxes would be eligible for up to a $1,000 supplemental rebate. According to data from the American Community Survey, there are 152,500 homeowners in Pennsylvania that would be newly eligible for the base rebate as a result of eligible homeowners received a $175 rebate, then there would be 152,500 new base rebates, worth $26.7 million. However, survey data for 2017 suggest that there were an estimated 470,000 eligible homeowners with $35,000 or less in income Hits: 8 |
Response-Letter-09-12-2019-Part-2.pdfthis income range would be eligible for a new base rebate of $175. According to data from the American Community Survey, there are an estimated 152,500 homeowners in Pennsylvania that would be newly eligible for the base rebate as a eligible homeowners received a $175 rebate, then there would be 152,500 new base rebates, worth $26.7 million. However, survey data for 2017 suggest that there were an estimated 470,000 eligible homeowners with $35,000 or less in income Hits: 8 |
PBB_2020_DOH_REPORT_Final_Update.pdfKaiser Family Foundation analysis of the U.S. CDC's Behavioral Risk Factor Surveillance System (BRFSS) 2013-2017 Survey Results. Notes: 1 Funds used for the Pennsylvania Primary Care Loan Repayment Program. 7 An alternative payment model designed to address the S. Census Bureau, Kaiser Family Foundation analysis of the Center for Disease Control and Prevention's BRFSS 2017 Survey Results. Ensure Access to Care | Page 10 County Benchmarks Share Rank Share Rank Amount Rank Pennsylvania -- 6.6% -- 22.3% -- $45,582 Hits: 8 |
SR2017-06.pdfOffice (IFO) with assistance in obtaining estimates for the assessed value of homestead property in Pennsylvania. Specifically, CCAP coordinated a survey of county assessment offices that resulted in responses from 50 counties and contributes to an understanding of the share of in consideration of the recent passage of the constitutional amendment expanding the homestead exclusion. The purpose of the CCAP/IFO survey was to estimate for each county the number of properties that currently qualify as homestead property, the total assessed value Hits: 7 |
RB-2015-04.pdfresearch brief presents an analysis of the potential impact of that proposal. The analysis uses data from the Current Population Survey published by the U.S. Bureau of Labor Statistics to estimate the number of workers who would be directly or may receive an hourly wage that is equal to or less than the federal minimum wage is the Current Population Survey (CPS), also known as the household survey. The CPS is a monthly survey of households conducted by the U.S Hits: 7 |
PBB_2022_PDE_REPORT_Amended.pdfdistrict, ranging from a low of 25% to 100% for several rural, town and suburban districts. PDE continues to develop survey strategies to measure post-school outcomes for special education students to ensure survey re- sponses are representative of the demographics of former students. In SY 2018-19, 78% of sampled indi- viduals were Hits: 7 |
Monthly_Economic_Update_July_2020.pdfReports Lower Confidence in Ability to Pay Mortgage than U.S. Average The U.S. Census Bureau’s Household Pulse Survey contains survey data from July 2 to July 7 on current trends related to the COVID-19 pandemic. Pennsylvania households that held Hits: 7 |
Monthly_Economic_Update_February_2021.pdfImpact Payments Saved or Used to Pay Down Debt The New York Federal Reserve released findings from two pandemic-related surveys. Survey recipients were asked to classify how they spent the first round of Economic Impact Payments (EIPs) and how they would Hits: 7 |
2013-05_Monthly_Economic_Summary.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 7 |
SUT Exemption for Aircraft - January 2013.pdfan analysis. Executive agencies in New York and Massachusetts did publish reports, but the analysis was limited to survey data, which suffer from response bias and are not corroborated. 15 13 The analysis assumes that the sales tax is fully passed example, two years after New York exempted sales of private aircraft parts and services from sales tax, a survey of Fixed Base Operators (FBOs) reported an increase in taxable sales. “It may be that as FBO’s experienced increased repair business Hits: 6 |
PBB_2020_DOS_REPORT.pdf91.5 -- 52.0 -- 1 Citizen Voting Age Population. Source: U.S. Election Commission, "Election Administration and Voting Survey, 2018 Comprehensive Report". Voter Registration and Turnout by State in November 2018 Border States Provisional Ballots as % of Voter Turnout 50 State 87.5 37 United States 1.54 -- 57.4 -- Source: U.S. Election Commission, "Election Administration and Voting Survey, 2018 Comprehensive Report". Provisional Ballots by State in November 2018 Border States Registered Voters (000s) Voting Machines Registered Voters per Voting Machine Hits: 6 |
MTR-2017-04.pdf3.6% Dollar amounts are in millions. MILLENNIAL MIGRATION IN PENNSYLVANIA The U.S. Census Bureau releases the American Community Survey (ACS) every year, which includes annual migration data between various states. These data can be narrowed down to show the of living, which can be found in Pennsylvania. April 2017 Monthly Trends Report 1 U.S. Census Bureau, American Community Survey, 1-YEAR PUMS 2015. 2 The Institute for College Access & Success, College InSight, 2016. Pennsylvania Migration of Millennials in 2015 Hits: 6 |
MER-2015-03.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 6 |
MER-2014-12.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 6 |
MER-2014-01.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 6 |
2012-11 Monthly Economic Summary- DRAFT 6.pdf2.0% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 6 |
Revenue_Proposal_Analysis_2024_03.pdfof Labor Statistics’ (BLS) Occupational Employment and Wage Statistics (OEWS). The OEWS produces employment and wage estimates based on a survey of business establishments (employers) for both wage and salary workers in nonfarm establishments by occupation. It excludes self-employed, owners 13 Additional detail on hours worked and full-time/part-time splits is from the U.S. 2022 Current Population Survey (CPS). 14 The analysis then projects the 2022 wage distribution to 2024 based on actual and assumed growth rates for Hits: 5 |
Response_Letter_9_23_2019.pdfon data from the Internal Revenue Service (IRS), Pennsylvania Department of Revenue and U.S. Census Bureau’s American Community Survey (ACS), the analysis estimates that seniors remit 13 to 16 percent of total state personal income tax revenues. Sales and Use Based on data from the U.S. Bureau of Labor Statistics’ Consumer Expenditure Survey (CEX) and IRS, the analysis estimates that seniors effectively remit 19 to 22 percent of total state sales and use Hits: 5 |
Response-Letter-09-19-2019.pdfcorresponds with that of the Property Tax Rent Rebate (PTRR) program. 1 The analysis uses data from the American Community Survey (ACS), the Pennsylvania Department of Education (PDE) and the Pennsylvania Department of Community and Economic Development (DCED). 2 The estimates 1.225 billion. 1 The PTRR program excludes 50 percent of Social Security income. 2 Source: the 2017 American Community Survey (ACS) 1-Year Public Use Microdata Survey (PUMS), U.S. Census Bureau. For computations that use ACS data, all tabulations Hits: 5 |
PBB_2023_DOR_REPORT.pdfaverage number of employees during the same year. The overall customer experience rating is the share of respondents answering survey questions in a positive manner and includes survey responses from CEC calls, correspondence, DOR employee interaction, DOR website and myPATH results. Survey questions vary depending on how the Hits: 5 |
PBB_2019_PCCD_Report.pdfbut state fund- ing to support county probation departments remains low. Based on the Annual Probation and Parole Surveys published by the Bureau of Justice Statistics for 2016, Pennsylvania had the highest com- munity supervision population rate in the nation with quency prevention. Federal and state grants under this activity provide funding for: the administration of the Pennsylvania Youth Survey (PAYS) to provide data to guide the selection of juvenile programs; imple- mentation of the Communities That Care (CTC) model as the Hits: 5 |
Monthly_Economic_Update_May_2020.pdfEmployees’ Retirement System (PSERS) are slated to be released at the end of June. Philadelphia Fed Releases Weekly Business Outlook Survey on COVID-19 The Federal Reserve Bank of Philadelphia reports on a weekly survey of over 200 businesses in the Third District (Eastern PA-NJ-DE) to track ongoing economic impacts of the COVID- Hits: 5 |
Monthly_Economic_Update_March_2023.pdfmarket metrics (seasonally adjusted except new UI claims) tracked for this update are as follows: • Change in Payroll Jobs (Establishment Survey) The month-to-month change in payroll employment (excludes self-employed) based on total number of jobs. Payroll employment increased in January from the prior month and continues to surpass the pre-COVID average monthly gain. • Change in Employment (Household Survey) The month-to-month change in total employment (includes self -employed) based on number of residents working. The number of Hits: 5 |
Monthly_Economic_Update_January_2023.pdfmetrics (seasonally adjusted except new UI claims) tracked for this update are as follows: Change in Payroll Jobs (Establishment Survey) The month-to-month change in payroll employment (excludes self-employed) based on total number of jobs. Payroll employment increased December from the prior month and continues to surpass the pre-COVID average monthly gain. Change in Employment (Household Survey) The month-to-month change in total employment (includes self -employed) based on number of residents working. The number of Hits: 5 |
Monthly_Economic_Update_April_4_2023.pdfmetrics (seasonally adjusted except new UI claims) tracked for this update are as follows: Change in Payroll Jobs (Establishment Survey) The month-to-month change in payroll employment (excludes self-employed) based on total number of jobs. Preliminary payroll employment in February from the prior month, nearly identical to the pre-COVID average monthly gain. Change in Employment (Household Survey) The month-to-month change in total employment (includes self -employed) based on number of residents working. The number of Hits: 5 |
MER-2015-06.pdf9 10-Year Treasury Yield on 10-year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
MER-2015-04.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2015-02.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2015-01.pdf9 10-Year Treasury Yield on 10-year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
MER-2014-11.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-10.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-09.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-08.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-07.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-06.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-05.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-04.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-03.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2014-02.pdf9 10‐Year Treasury Yield on 10‐year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor ‐ Survey of Households. 2/ U.S. Department of Labor ‐ Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan ‐ Survey of Consumers Hits: 5 |
MER-2013-12.pdf9 10-Year Treasury Yield on 10-year U.S. Treasury note. 8 Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
MER-2013-11.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
IFO_Response_Letter_April_5_2023.pdf001 to $150,000 in household income. The table on the next page uses data from the 2021 American Community Survey to display estimates for (1) the number of Pennsylvania homeowners that would receive a rebate based on the specified income level of relief provided under the proposal. 1 The IFO adjusted the household income amounts reported in the American Community Survey (ACS) data to account for the underreporting of retirement income. Multiple studies have found that respondents underreport retirement income in Hits: 5 |
2013-10 Monthly Economic Summary.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-09 Monthly Economic Summary-FINAL.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-08 Monthly Economic Summary.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-07 Monthly Economic Summary.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-06 Monthly Economic Summary - FINAL.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-04 Monthly Economic Report.pdfenergy. 9 Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-03b Monthly Economic Summary.pdf2.0% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-02 Monthly Economic Report.pdf1.6% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2013-01 Monthly Economic Report.pdf1.7% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2012-12 Monthly Economic Summary FINAL.pdf2.2% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2012-10 Monthly Economic Summary FINAL.pdf2.0% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2012-09 Monthly Economic Summary 7.pdf1.7% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
2012-08 Monthly Economic Summary_Final.pdf1.4% Independent Fiscal Office Commonwealth of Pennsylvania www.ifo.state.pa.us Sources: 1/ U.S. Department of Labor - Survey of Households. 2/ U.S. Department of Labor - Survey of Establishments. 3/ U.S. Department of Commerce. 4/ National Association of Realtors. 5/ University of Michigan - Survey of Consumers Hits: 5 |
TC_2020_Organ and Bone Marrow Donation Tax Credit.pdfnors, it is difficult to obtain an exact estimate due to a high variability in expenses among the survey population. A study from 2016 attempted to quantify the direct and indirect costs related to living kidney donation and found that most than one month of the donor’s income. 19 In addition, one-third of the living kidney donors surveyed had lost an average of 252 work hours (approxi- mately six to seven workweeks) and $4,578 in wages, with a median Hits: 4 |
SD_Property_Tax_Forecast_Nov_2021.pdfbottom half of Table 5 provides estimates for those properties. The homestead estimates in Table 5 utilize results from a survey of county assessment offices coordinated by the County Commissioners Association on behalf of the IFO. 10 The estimates for Philadelphia Program (LOOP) and the ten-year abatements for residential units that have been rehabilitated or newly constructed. Based on the survey and data provided, the IFO estimates that approximately 54% of current- year school property tax collections are from homestead properties Hits: 4 |
SD-Property-Tax-Forecast-2020.pdfin millions. Independent Fiscal Office February 2020 5 In general, the homestead estimates in Table 5 utilize results from a survey of county assessment offices coordinated by the County Commissioners Association on behalf of the IFO. 10 The estimates for Philadelphia Program (LOOP) and the ten-year abatements for residential units that have been rehabilitated or newly constructed. Based on the survey and data provided, the IFO estimates that approximately 54 percent of current-year school property tax collections are from homestead Hits: 4 |
Revenue_Estimate_2021_05.pdfmitigation efforts and mandated business closures. ▪ Inflation accelerated rapidly in April to 3.5%. The May 2021 Manufacturing Business Outlook Survey published by the Philadelphia Federal Reserve found that firms’ median forecast of consumer infla- tion was 4.0% for the These series are clearly motivated by EIPs, and the forecast assumes a reversion to historical patterns once the impact fades. Survey data suggest that largely occurs within a few months. 4 Data for June 2021 estimated based on revenues for April Hits: 4 |
Response_Letter_2021_April.pdfbottom of Table 3 lists other taxes not directly included in the analysis. Based on data from the American Community Survey (ACS) and Pennsylvania Department of Education, the analysis assumes that homeowners remit 57.5% of total school district property taxes school district property tax and if all property tax on rental units was passed through to renters, then Consumer Expenditure Survey (CEX) data suggest that senior renters might effectively pay one-fifth of that amount ($290 to $440 million) for FY Hits: 4 |
RB-2018-01.pdfcurrent-year collections for school districts. For the FY 2017-18 estimate, the office supplemented the data from STEB with survey data collected in conjunction with the County Commissioners Association of Pennsylvania. 2 Data on Act 1 allocations are released by application has not been submitted. The number of such properties is unknown. In general, the estimates utilize results from a survey of county assessment offices coordinated by the County Commissioners Association on behalf of the IFO. 11 The estimates for Philadelphia Hits: 4 |
Presentation_PASBO_Annual_Conference_3-8-2018.pdfTotal $28,494 100.0% Note: Dollar amounts in millions. Source: Pennsylvania Department of Education. 4 March 8, 2018 Homestead Survey IFO uses survey results to inform its estimates of homestead property. Recent constitutional amendment may result in legislative proposals. Data collected from county Hits: 4 |
Presentation-2018-08-PA-State-Association-Boroughs.pdf000 females ages 15 to 44. Sources: PA Department of Health, Centers for Disease Control and Prevention, and American Community Survey. Some computations by IFO. August.08.2018 8 Age 65+: Large Influx and Longevity 0 20,000 40,000 60 328 Florida 14,158 32,582 -18,424 All Other 140,003 166,290 -26,287 Source: 2016 American Community Survey, U.S. Census Bureau. Economic impacts of demographics are hard to isolate, but fundamental. Trends only apparent over Hits: 4 |
PMTA_Presentation_April_2023.pdfeconomic downturn has become the most anticipated recession in recent U.S. history. It also keeps getting postponed.” WSJ Economist Survey: Odds of Recession in Next 12 Months Nov 2007 33% Dec 2007 38% (Dec 07 to Jun 09) Jul 2022 Labor Market: 2020 Q1 vs 2023 Q1 April 19, 2023 4 2020 Q1 2023 Q1 Change Number Jobs (000s) Establishment Survey (# jobs) 6,010 6,010 0 Household Survey (# people) 6,244 6,183 -61 Labor Force (age 16+) Number (000s Hits: 4 |
PBB_2022_AGING_REPORT_Addendum.pdfUnderlying Cause of Death on CDC WONDER Online Database. 1 See notes on measures below. 5 Share of PACE/PACENET survey respondents that self-rated their health as fair or better. Performance Measures for Pharmaceutical Assistance 4 Share of PACE/PACENET survey respondents that somewhat or strongly agree. Efficiency 3 Calculations by the IFO. Pharmaceutical Assistance | Page 9 Net State Expenditures for Hits: 4 |
PBB_2020_DHS_REPORT_Final_Updated.pdfand CHIP Eligibility, Enrollment, Renewal, and Cost Sharing Policies as of January 2019: Findings from a 50-State Survey. 2 Allows individuals to scan and upload documents online, such as renewal documents for eligibility purposes. 1 Data reported from 39 states analysis of the Center for Disease Control and Prevention's Behavioral Risk Factor Surveillance System (BRFSS) 2013-2017 Survey Results. 1 Data from PA Department of Human Services. 3 Percent of children receiving 6+ well child visits in their first 15 Hits: 4 |
PASBO_Presentation_March_16_2023.pdfeconomic downturn has become the most anticipated recession in recent U.S. history. It also keeps getting postponed.” WSJ Economist Survey: Odds of Recession in Next 12 Months Nov 2007 34% Dec 2007 38% (Dec 07 to Jun 09) Jun 2022 PA Labor Market: Pre vs Post Pandemic March 16, 2023 4 2019 Q4 2022 Q4 Change Number Jobs (000s) Establishment Survey (# jobs) 6,142 6,099 -42 Household Survey (# people) 6,314 6,222 -92 Labor Force (age 16+) Number (000s Hits: 4 |
PACBI_Presentation_March_13_2023.pdfeconomic downturn has become the most anticipated recession in recent U.S. history. It also keeps getting postponed.” WSJ Economist Survey: Odds of Recession in Next 12 Months Nov 2007 34% Dec 2007 38% (Dec 07 to Jun 09) Apr 2022 PA Labor Market: Pre vs Post Pandemic March 13, 2023 4 2019 Q4 2022 Q4 Change Number Jobs (000s) Establishment Survey (# jobs) 6,142 6,099 -42 Household Survey (# people) 6,314 6,222 -92 Labor Force (age 16+) Number (000s Hits: 4 |
MTR-2016-09.pdfDairy Market Outlook, “Global Markets see August Rally,” August 29, 2016. 5 U.S. Bureau of Labor Statistics, Consumer Expenditure Survey. $3.00 $3.20 $3.40 $3.60 $3.80 $4.00 $4.20 Q1 Q2 Q3 Q4 Q1 Q2 1.2% -4.5% -1.7% -2.3% MONTHLY ECONOMIC INDICATORS Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase Hits: 4 |
MTR-2016-06.pdfi.e., a decline in real GDP in two consecutive quarters) within the next year. A recent Wall Street Journal survey of economists placed that probability at 21%, an increase of 11 percentage points from the prior year. 1 Recent international 11.8% 13.3% 6.9% 9.8% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase Hits: 4 |
June_Revenue_Estimate_2021.pdfmitigation efforts and mandated business closures. ▪ Inflation accelerated rapidly in April to 3.5%. The May 2021 Manufacturing Business Outlook Survey published by the Philadelphia Federal Reserve found that firms’ median forecast of consumer infla- tion was 4.0% for the These series are clearly motivated by EIPs, and the forecast assumes a reversion to historical patterns once the impact fades. Survey data suggest that largely occurs within a few months. 2020 2021 2022 2020 2021 2022 Wage Income $364.3 $387 Hits: 4 |
IFO_Retirement_Task_Force_Jan2018_Presentation.pdfage 20 to 64. Sales tax figures assume businesses pass tax to consumers. Sources: U.S. Census Bureau (American Community Survey), PA Department of Education, PA Department of Revenue, U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) and Internal Revenue Service. All computations by the IFO. U.S. Age 65+ Sources of Income Jan.25.2018 Independent Hits: 4 |
2021-SD-Property-Tax-Forecast.pdfof Table 5 provides estimates for those properties. In general, the homestead estimates in Table 5 utilize results from a survey of county assessment offices coordinated by the County Commissioners Association on behalf of the IFO. 11 The estimates for Philadelphia Program (LOOP) and the ten-year abatements for residential units that have been rehabilitated or newly constructed. Based on the survey and data provided, the IFO estimates that 9 The text of Article VIII, Section 2(b)(vi) of the Pennsylvania Hits: 4 |
Senate_Appropriations_Committee_Response_Letter_2021.pdfbut the Pennsylvania Department of Labor and Industry recently released a brief (January 2021) using data from the Current Population Survey that provides some insight. For January 2021, that brief found that the unemployment rate for women was 9.5% (12- 4,440 6,364 -1,924 Total 276,004 267,087 8,917 Source: U.S. Census Bureau, American Community Survey 1-Year Estimates, 2019. 2019 Pennsylvania Domestic Migration April 6, 2021 Page 5 Age Inflow Outflow Net Migration Inflow Outflow Hits: 3 |
Senate Appropriations Response Letter 3-6-2020.pdfare not yet available. However, a Freddie Mac Research Note from March 2019 analyzed the Federal Housing Finance Agency National Survey of Mortgage Originations for loans originated from January 2013 through December 2016. 1 For borrowers who refinanced and their new gross domestic product. To examine this issue, the IFO used data from the U.S. Census Bureau’s American Community Survey (ACS) for 2012 and 2018. Although data prior to the 2008-09 Great Recession were available, the analysis did not Hits: 3 |
SD-Property-Tax-Forecast-2019.pdfapplication has not been submitted. The number of such properties is unknown. In general, the estimates utilize results from a survey of county assessment offices coordinated by the County Commissioners Association on behalf of the IFO. 10 The estimates for Philadelphia Program (LOOP) and the ten-year abatements for residential units that have been rehabilitated or newly constructed. Based on the survey and data provided, the IFO estimates that approximately 54 percent of current -year school property tax collections are from homestead Hits: 3 |
Revenue_Estimate_2023_06.pdfS. Corporate Profits Table 1.1 U.S. Macroeconomic Forecasts Economic Outlook | Page 2 In the latest Wall Street Journal Survey (April), 61% of economists surveyed project that a recession will occur at some point during the next 12 months. However, in July 2022, 49% of Hits: 3 |
REU-2020-02.pdf U.S. inflation accelerated in the fourth quarter. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
REU-2020-01.pdfto 2.3 percent and 2.4 percent respectively. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
REU-2019-12.pdfCPI-U increased to 2.1 percent in November. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
REU-2019-11.pdfmetro CPI-U rate has increased gradually since 2018Q4. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
REU-2019-10.pdfa significant increase in home refinancings in recent months. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
Response-Letter-08-16-2019.pdf000 697,300 $1,200 $1,720 Impact of Proposed School District Property Tax Rebate (2017) Source: 2017 American Community Survey 1- Year Public Use Microdata Survey (PUMS), U.S. Census Bureau. Computations by the IFO. 2 Income includes retirement income such as Social Security, pensions and Hits: 3 |
RB_2024_03_Child_Care.pdfsufficient to ensure equal access compared to families paying private tuition at local child care programs through a Market Rate Survey (MRS) or pre-approved alternative methodology. An MRS must occur every third year and the next survey should be compiled by 2025. The 2022 MRS includes 570 unique private rates throughout the Commonwealth. Based on the distribution Hits: 3 |
RB_2024_02_Jobs_Revised.pdfThese administrative data are used to “benchmark” more timely jobs data published monthly by the BLS in their Current Employment Survey (CES) data series, which are based on surveys and imputed jobs created by new firms. In March, the BLS will release state-level CES jobs data for January Hits: 3 |
RB_2024_01_Min_Wage.pdfEmployment and Wage Statistics (OEWS, U.S. Bureau of Labor Statistics). These state-level data are based on a comprehensive survey of firms and provide hourly wage distributions (10 th , 25 th , 50 th , 75 th and 90 th percentiles) for January 1, 2022). Wage data from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) May 2022 Survey. 2022 State Minimum vs. Hourly Wage Paid Min Wage Wage Bottom 10% Diff w/ Min Wage Note: New York and Hits: 3 |
RB_2023_08_PTRR_Expansion.pdfthe impact of higher income caps are based on data from the U.S. Census Bureau’s 2021 American Community Survey (ACS). The IFO adjusts household income reported in the ACS to account for known underreporting of retirement income. Social Security 420 $288 $268 Juniata 996 382 $238 $135 $271 Sources: Pennsylvania Department of Revenue, U.S. Census Bureau American Community Survey, Social Security Administration. Calculations by the IFO. Table 3: Expansion Impact by County Affected Claimants Total Increase ($000s) Independent Fiscal Hits: 3 |
RB_2022_10_Worker_Shortage.pdfmonthly by the U.S. Bureau of Labor Statistics (BLS) and is known as JOLTS (Jobs Openings and Labor Turnover Survey). The survey data are collected from sampled establishments and the number of unfilled jobs is viewed as an important measure of labor Hits: 3 |
RB_2022_08_Worker_Shortage.pdfmonthly by the U.S. Bureau of Labor Statistics (BLS) and is known as JOLTS (Jobs Openings and Labor Turnover Survey). The survey data are collected from sampled establishments and the number of unfilled jobs is viewed as an important measure of labor Hits: 3 |
RB_2022_07_Worker_Shortage.pdfmonthly by the U.S. Bureau of Labor Statistics (BLS) and is known as JOLTS (Jobs Openings and Labor Turnover Survey). The survey data are collected from sampled establishments and the number of unfilled jobs is viewed as an important measure of labor Hits: 3 |
RB_2021_01_Economic_Impact_of_Federal_Stimulus.pdfrate for some stimulus funds. For example, a recent article by the Federal Reserve Bank of New York found that survey recipients reported they planned to spend between 29% (first EIP) to 25% (third EIP) of stimulus checks and use the This variance is also evident in the savings rates calculated using the U.S. Bureau of Labor Statistics Consumer Expenditure Survey for the Northeast region: the savings rate is 0% for annual incomes up to $50,000; 13.5% for incomes Hits: 3 |
Pennsylvania_Aging_Presentation.pdffrom previous slide due to different data source. Share is percentage outflow. Source: U.S. Census Bureau, 2015 American Community Survey, 1-year estimates. II. Economic Trends U.S. and PA economic growth downshifts. Similar to Japan and Europe 3% 2.9% -0.4% Note: Pension contributions counted as savings. Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey, northeast region. May 24, 2017 15 Senior Housing Debt Increases Home Mortgage Credit-Auto-Student Age Dollar Dollar Growth Dollar Hits: 3 |
PBB_2021_PSP_REPORT_ADDENDUM.pdfSee notes on measures below table. --Recommended Measures-- 1 Calendar year basis. 3 Data from National Highway Transportation Safety Administration Survey, Seat Belt Use in 2019 (2020). 5 Calculation by the IFO. Annual CMV Inspection and Federal Motor Carrier Safety appropriations 43.0% 24.8% 22.5% 31.7% 37.0% 36.5% --Recommended Measure-- --Recommended Measure-- 4 Question on Citizen Survey distributed every 3 years in accordance with CALEA accreditation. 1 See notes on measures below table for additional detail. Notes Hits: 3 |
MTR-2019-09.pdf4%) and Pennsylvania (5.0%) in the second quarter. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-08.pdfand July pulled down the three-month moving average. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-07.pdfrecorded the largest price increases from the prior year. Sources and notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month or quarter. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-06.pdf4.7% 5.3% 5.0% INDEPENDENT FISCAL OFFICE JUNE 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-05.pdf4.7% 5.3% 5.0% INDEPENDENT FISCAL OFFICE MAY 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-04.pdf4.6% 5.0% n.a. INDEPENDENT FISCAL OFFICE APRIL 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-03.pdf5.4% 4.6% 5.0% INDEPENDENT FISCAL OFFICE MARCH 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-02.pdf5.4% 4.6% 5.0% INDEPENDENT FISCAL OFFICE FEBRUARY 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2019-01.pdf5.3% 4.3% n.a. INDEPENDENT FISCAL OFFICE JANUARY 2019 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-12.pdf6.0% 5.3% 4.3% INDEPENDENT FISCAL OFFICE DECEMBER 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-11.pdf6.0% 5.3% 4.3% INDEPENDENT FISCAL OFFICE NOVEMBER 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-10.pdf6.1% 4.9% n.a. INDEPENDENT FISCAL OFFICE OCTOBER 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-1.pdf2.0% -0.6% n.a. INDEPENDENT FISCAL OFFICE JANUARY 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-09.pdf5.4% 6.1% 4.9% INDEPENDENT FISCAL OFFICE SEPTEMBER 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-08.pdf5.4% 6.1% 4.9% INDEPENDENT FISCAL OFFICE AUGUST 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-07.pdf5.4% 5.2% n.a. INDEPENDENT FISCAL OFFICE JULY 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-06.pdf4.5% 5.4% 5.2% INDEPENDENT FISCAL OFFICE JUNE 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-05.pdf4.5% 5.4% 5.2% INDEPENDENT FISCAL OFFICE MAY 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-04.pdf0.6% 2.0% n.a. INDEPENDENT FISCAL OFFICE APRIL 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-03.pdf1.9% 1.9% 4.2% INDEPENDENT FISCAL OFFICE MARCH 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2018-02.pdf2.0% -0.6% 2.0% INDEPENDENT FISCAL OFFICE FEBRUARY 2018 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-12.pdf0.4% 2.0% -0.6% INDEPENDENT FISCAL OFFICE DECEMBER 2017 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-11.pdf0.5% 2.3% n.a. INDEPENDENT FISCAL OFFICE NOVEMBER 2017 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-10.pdf0.8% -0.5% 2.3% INDEPENDENT FISCAL OFFICE OCTOBER 2017 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-09.pdf5.2% n.a. n.a. INDEPENDENT FISCAL OFFICE SEPTEMBER 2017 Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-08.pdfand Prevention (CDC), National Center for Health Statistics. MONTHLY ECONOMIC INDICATORS Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-07.pdfGain Faster Than Other Groups,” July 20, 2017. MONTHLY ECONOMIC INDICATORS Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-06.pdf2.8% -0.6% 0.8% -0.5% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-05.pdf2.8% -0.6% 0.8% -0.5% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-03.pdf2.2% -2.8% -0.6% 0.8% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-02.pdf11.2% 11.2% 2.8% 5.2% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2017-01.pdf2.2% -2.8% -0.6% n.a. Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-12.pdf4.0% -2.2% -2.8% -0.6% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-11.pdf4.5% -1.7% -2.3% n.a. Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-10.pdf4.5% -1.7% -2.3% n.a. Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-08.pdf13.4% 7.1% 11.2% 9.9% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-05.pdf1.6% -1.2% -4.5% n.a. Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-04.pdf11.8% 13.3% 6.9% 9.8% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-03.pdf2.4% -1.6% -1.2% -4.5% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in payroll employment compared to the previous month. PA: Average year-over-year increase in payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-02.pdf12.4% 11.8% 13.3% 5.0% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2016-01.pdf12.4% 11.8% 13.3% 5.0% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2015-11.pdf0.6% -2.3% -1.6% n.a. Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2015-10.pdf7.7% 13.2% 12.9% 12.3% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2015-09.pdf0.4% 7.7% 12.7% 10.8% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2015-08.pdf0.4% 7.7% 12.7% 10.8% Monthly Economic Indicators Notes: 1. Source: U.S. Bureau of Labor Statistics—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Bureau of Labor Statistics—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
MTR-2015-07.pdf3% 0.4% 7.7% 12.7% 10.8% Monthly Economic Indicators Notes: 1. Source: U.S. Department of Labor—Survey of Households. 2. U.S.: Increase in monthly payroll employment compared to the previous month. PA: Average increase in annual payroll employment based on latest three months of data. Source: U.S. Department of Labor—Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 4. Annual change Hits: 3 |
Monthly_Economic_Update_September_2022.pdfthe summer travel season ended and the school year started. Most data included in the table below are based on surveys that occurred prior to the start of the school year and could be impacted by unusual seasonal adjustment factors. For S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_May_2021.pdfMay 11, the U.S. Bureau of Labor Statistics (BLS) released data from the monthly job openings and labor turnover survey (JOLTS). The job openings rate (number of job openings / (total employment + job openings)) measures the availability of employment and the S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_March_2022.pdfprimary residences (+4.2%) and owner’s-equivalent rent (+4.6%). The shelter component typically lags other components due to survey timing and the timing of annual lease expirations and renewals. The remaining one- third of the total growth in the S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_March_2021.pdfmortgage payments, may lead buyers to consider lower-priced homes or dissuade them from entering the market. However, a Zillow survey found that homeowners’ willingness to move is expected to improve after the COVID-19 vaccine distribution. This could boost both S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_July_2021_Final.pdfThat component comprises one-third of the CPI-U and includes imputed rent to homeowners (0.8% increase, based on survey data) and rental expenses of primary residences (2.3%). The CPI-U that excludes the Shelter component provides a more S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_August_2021.pdf16.6%) based on the May 2021 Case-Shiller Index. Rental prices are “sticky” because the same renters are not surveyed every month and most renters enter leases for at least one full year. Landlords may also be hesitant to raise S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
Monthly_Economic_Update_April_2022.pdfPolicy Decisions Increase Likelihood of Recession In the latest Wall Street Journal survey, economists estimate the average probability of recession during the next year at 28%, up from 18% in January. In a S. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments Hits: 3 |
House_Appropriation_Response_Letter_3_17_2021.pdfpoison control center calls, and changes in traffic accidents and DUIs that involve marijuana. Marijuana Use According to the National Survey on Drug Use and Health, between 2011 and 2019 marijuana use increased among adults across the United States, but decreased marijuana use remained steady or declined for high school students over the time frames considered. The Washington State Healthy Youth Survey reported marijuana use declined from 10% to 7% for 8 th -graders and from 20% to 18% for 10 th Hits: 3 |
Five_Year_Outlook_2023.pdfremains very strong. For payroll employment (excludes self-employed, based on the U.S. Bureau of Labor Statistics (BLS) establishment survey), employers added 148,000 jobs compared to the prior year. Prior to COVID, the annual rate of payroll jobs creation was 55,000 to 60,000. ▪ If the household survey is used, which includes self-employed individuals and counts multiple job holders only once, the annual pace of job gains Hits: 3 |
Five_Year_Outlook_2021.pdf600/wk ends $300/wkends CTC starts $300/wk starts Economic Outlook | Page 16 However, those data are based on surveys from the Current Population Survey and may not accurately reflect the underlying dynamics of the labor market. A more reliable source is the U.S Hits: 3 |
Five_Year_Outlook_2019.pdfapportioned to various states and regions based on data from the U.S. Census Bureau’s American Community Survey, one-year microdata files. 2011 2014 2017 All States Border States 7,331 23,065 19,768 Northeast 111 -6,772 1 Total 7,331 23,065 19,768 Source: Estimations by IFO using U.S. Census Bureau, American Community Survey 1-Year Microdata Files 2011, 2014 and 2017 and 2018 Population Estimates, Components of Population Change. Table 2.5 Net Domestic Migration Hits: 3 |
Economic_and_Revenue_Update_Presentation_August_2020.pdf7% 0.3% Note: % Renters Deferring/Not Paying reflects payment status from prior month. Value for 2020.1 is first survey for week that begins April 23 (week 1). Value for 2020.2 is latest survey for week that begins July 16 (week 12). Jobs data are not seasonally adjusted and do not include self-employed Hits: 3 |
Demographics_Outlook_2021.pdfChange. The total net domestic migration is distributed by age using the U.S. Census Bureau’s 2019 American Community Survey Public Use 5-year microdata file distribution of net domestic migration to Pennsylvania by age. International migration by age is totals are apportioned to various states and regions based on data from the U.S. Census Bureau’s American Community Survey, Public Use 1-year microdata files. 2011 2015 2019 All States Border States 7,578 8,773 28,753 Southwest Hits: 3 |
Demographics_Outlook_2020.pdftotal net domestic migration is distributed by age using the U.S. Census Bureau’s 2018 American Community Survey Public Use 5-year microdata file distribution of net domestic migration to Pennsylvania by age. International migration by age is the residual apportioned to various states and regions based on data from the U.S. Census Bureau’s American Community Survey, Public Use 1-year microdata files. 2010 2015 2020 2025 2030 Age 0-44 0.1% 0.1% 0.1% 0.1% Hits: 3 |
2007_divestment_complete_report.pdfaccording to a newly published research brief by the Center for Retirement Research (CRR) at Boston College. The paper, which surveys prior academic studies, concludes that “the boycott of firms doing business in South Africa had virtually no effect on stock in price. And any significant deviation from the fundamental price would represent a profitable trading opportunity that market participants would quickly exploit and thus correct. 32 In other words, boycotting tobacco stocks or international companies doing business in Sudan or Iran Hits: 3 |
index.cfmcontinuation of hybrid and remote work schedules for some workers. ... (Full Report) Testimony on the 2023 Basic Education Funding Commission Survey Economics and Other December 15, 2023 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 . ... (Full Report) PSEA Wage Contract Analysis Hits: 3 |
TC_2020_Research and Development Tax Credit.pdfanalyses from government and private entities include: A working paper by the U.S. Treasury Department (2016) surveyed credible research and noted that much research finds that “an elasticity of -1.0 best represents the literature.” 12 An elasticity is dollar increase in private R&D spending, on the margin. 15 A paper by Ernst & Young (2011) surveyed federal R&D tax credit studies and, for the purpose of the analysis, assumed that every one percent increase in the price Hits: 2 |
TC_2019_Historic_Preservation_Tax_Credit_Report.pdfstudy that allowed for a different outcome is a recent report on the Virginia HPTC. Based on a survey, the study assumed that 70 percent of spending that qualified for tax credits were dependent on the tax state credit, and 30 establishments within the local or 24 Supra, note 8 (Georgia) and note 19 (Missouri). 25 Based on the survey, the analysis found that 54 percent of projects were fully dependent on the state tax credit and 31 percent were partially dependent Hits: 2 |
SR2017-05.pdf76. This column displays only the incremental impact of the 1.88 percentage point increase. Source: 2011-2015 American Community Survey, U.S. Census Bureau. Note: household income in this table excludes capital gains. The personal income tax (PIT) impact assumes 4 Statewide 29.3 19.4 Table 2 Share of Householders Aged 65 or Older Source: 2011-2015 American Community Survey, U.S. Census Bureau. Calculations by the IFO. Revised 1/18/2018 County Property Tax Collections 1 Homestead Amount 2 Hits: 2 |
SD_Prop_Tax_Update_Jun_2023.pdfFISCAL OFFICE PAGE 3 Demographic and Geographic Trends Based on data from the U.S. Census Bureau’s American Community Survey (ACS) and statewide property tax revenue reported by PDE and the Department of Community and Economic Development (DCED), the IFO are based on the Public Use Microdata Sample (PUMS) data published by the U.S. Census Bureau’s American Community Survey. The amounts reported as property taxes paid by owner-occupied households in that dataset are adjusted by the IFO and Hits: 2 |
SD_Prop_Tax_Update_Aug_2022.pdfFISCAL OFFICE PAGE 3 Demographic and Geographic Trends Based on data from the U.S. Census Bureau’s American Community Survey (ACS) and statewide property tax revenue reported by PDE and the Department of Community and Economic Development (DCED), the IFO are based on the Public Use Microdata Sample (PUMS) data provided by the U.S. Census Bureau’s American Community Survey. The amounts reported as property taxes paid by owner-occupied households in that dataset are adjusted by the IFO and Hits: 2 |
Revenue-Estimate-2023-05.pdfin CY 2024 (not shown), but only one projects a contraction in real GDP. In the latest Wall Street Journal Survey (April), 61% of economists surveyed project that a recession will occur at some point during the next 12 months. Pennsylvania Economic Forecasts Table 1.2 Hits: 2 |
Revenue-Estimate-2020-05.pdfIt is noted that the April data may reflect only part of the employment impact because the establishment survey upon which the data are based references the pay period that includes April 12. Hence, for some firms, the snapshot may not by 51,700 due to reduced demand for business and home con- struction, as well as home remodeling. Surveys have noted that firms have postponed plans for new construction due to the uncertainty regarding the economic recovery form COVID-19, in Hits: 2 |
RB_2024_03_Jobs_Revised.pdffilings. These data are used to “benchmark” more timely jobs data published monthly by the BLS in their Current Employment Survey (CES) data series, which are based on surveys and imputed jobs created by new firms. (Note: Both series exclude self-employed.) On March 11, the BLS published preliminary Hits: 2 |
RB_2022_03_Student_Loan.pdfnot impacted by issues related to securing childcare or remote learning. Moreover, data from the job openings and labor turnover survey (JOLTS) show state job openings in 2021 Q2 and Q3 at the highest levels recorded for that series. 1 The force participation rate. Some analysts prefer that metric because it can be based on actual employment data as opposed to surveys used to generate labor force participation rates. However, the labor force participation rate includes self- employed individuals (the employment-population Hits: 2 |
RB_10_2023_PA_Strained_Nursing_Homes.pdfservices) has increased 13% since 2019, demand for institution-based care continues to outpace supply. Based on a recent industry survey, the average number of state residents on a nursing home facility waitlist is three. 4 Applying that figure to the gov). 3 Excludes self-employed and independent contractors. Source: U.S. Bureau of Labor Statistics. 4 Pennsylvania Health Care Association, Survey: 2023 State of Pennsylvania Nursing Facilities, February 2023. 5 The waitlist is an upper bound estimate, as the same patient Hits: 2 |
Property-Tax-Update-August-2018.pdfmillion in rebates. Source: Pennsylvania Department of Education. Computations by the IFO, based on data from the 2016 American Community Survey 1-Year Public Use Microdata Survey (PUMS). Table 4: State and Local Tax Burdens Ratio: Total State and Local Taxes / State Personal Income Pennsylvania U.S Hits: 2 |
Presentation_PBC_6-12-14.pdf3.5 6.5 65+ 10.2 15.7 17.6 5.5 1.9 7.4 Sources: Current Population Survey and PA Department of Labor. +65 Age Cohort Reports Increasing Share of Income o Nearly 20% of all income 66.2 -0.4 >= 65 51.8 52.0 53.4 1.6 Source: U.S. Census Bureau, American Community Survey. Larger Share of Economy Dedicated to Residents o Share of private-sector jobs: o Healthcare & SA: 1990 (12.9% Hits: 2 |
Presentation_Lancaster_Chamber_2017-07-14.pdffrom previous slide due to different data source. Share is percentage outflow. Source: U.S. Census Bureau, 2015 American Community Survey, 1-year estimates. Persistent Tax Base Erosion 7/14/2017 16 Personal Income Tax. Wage income less important. Larger Average annual expenditures by household based on age of the respondent. Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey, Northeast Region, 2014-2015. 7/14/2017 21 Impact of Demographics and Inflation 7/14/2017 22 Hypothetical Program Older Hits: 2 |
Presentation_2016-05-12_PaDUC_Impact_of_Demographics.pdfTotal 64.0% 64.5% 62.7% 0.5% ‐1.8% Source: U.S. Bureau of Labor Statistics, Current Population Survey; Pennsylvania Department of Labor and Industry, Center for Workforce Information & Analysis. 15 PA Labor Force Participation Rates 12.May.2016 9% 13.0% 15.0% 13.0% 12.1% 11.7% Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey. Consumer Spending by Age Cohort 28 12.May.2016 AAGR PA Economy – Nominal Gross Domestic Product 3.2% Personal Income Hits: 2 |
Presentation-2018-11-19-CCAP.pdf70+ -1,817 All Other -23,983 Total -5,540 Total -5,540 Source: U.S. Census Bureau. American Community Survey. PA Net Payroll Job Gains (000s) November 19, 2018 6 2016 2017 2018 Wholesale-Retail -3.8 -8.6 -6 used (i.e., structural deficit). Many alternatives already used (e.g., gaming expansion). Policymakers should consider recession scenarios. Surveys: recession more likely than not next three years. Will federal government be able/willing to assist states? November 19 Hits: 2 |
PBB_Board_Hearing_Jan_09_2023.pdf1,292 60% State Forests 119.1 34 712 33 Local Rec. & Conservation 48.3 14 35 2 Admin. & Geological Survey 32.2 9 76 4 Fac. Design & Construction 16.1 5 51 2 Total 350.7 100 2,167 100 FY 22-23) January 9, 2023 6 Appropriations State Parks State Forests Local Recreation & Conservation Facilitiy Design & Constr. Admin. & Geological Survey Total State Parks Operations $59.3 -- -- $1.5 -- $60.8 State Forests Operations -- $43.9 -- 0.3 $0.2 44 Hits: 2 |
PBB_2021_PennDOT_REPORT_ADDENDUM.pdfof Workers Using Public Transit by County Worker Commute Times by County (Minutes) Source: U.S. Census Bureau, American Community Survey, 1-Year Estimates 2015-2019. 2.7% 5.4% 1.6% 1.4% 28.1% 9.2% 3.5% 6 4 5 9 16 -- Note: 4 Federal fiscal year. 6 Calendar year. 7 Rest area ratings are from customer satisfaction survey. Responses can be rated 1-10. FY 20-21 is YTD. 3 Includes only permanent employees, temporary seasonal employees excluded Hits: 2 |
novak ppt.pdfagencies often differ in their outlook, use more than one. • Unlikely to find a method that works indefinitely. • Buy local. Survey of Professional Forecasters (SPF) Real GDP (%) Unemployment Rate (%) Payrolls (000s/month) Previous New Previous New Previous New Quarterly data: 2011 4 N.A. N.A. 2014 3.1 3.5 7.6 7.8 N.A. N.A. Business Outlook Survey Change in activity over the next 6 months -20 0 20 40 60 80 100 2001 2003 2005 2007 2009 Hits: 2 |
Newsstand_March_2020.pdfIFO NEWS STAND Outlook for Regional Manufacturing Unclear The New York Federal Reserve released its March 2020 Empire State Manufacturing Survey. Responses gath- ered between March 2 and 10 reveal New York manufacturing executives' waning confidence in general busi- ness conditions current general business conditions index fell 34 points to -21.5. This was the largest one-month drop in the survey’s history and the index’s lowest level since 2009. Manufacturing firms' expectations for business conditions six months from now Hits: 2 |
Monthly_Economic_Update_Table_December_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Monthly_Economic_Update_September_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_September_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_September_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2020-09- Hits: 2 |
Monthly_Economic_Update_Oct_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_October_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-10- Hits: 2 |
Monthly_Economic_Update_October_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-10- Hits: 2 |
Monthly_Economic_Update_October_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-10- Hits: 2 |
Monthly_Economic_Update_October_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Monthly_Economic_Update_Nov_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_November_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_November_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-11- Hits: 2 |
Monthly_Economic_Update_November_2020_Final.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Monthly_Economic_Update_May_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_May_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. Author: Robyn Toth Hits: 2 |
Monthly_Economic_Update_June_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_June_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-06- Hits: 2 |
Monthly_Economic_Update_June_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-06- Hits: 2 |
Monthly_Economic_Update_June_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-06- Hits: 2 |
Monthly_Economic_Update_June_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2020-06- Hits: 2 |
Monthly_Economic_Update_July_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_July_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-07- Hits: 2 |
Monthly_Economic_Update_July_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_January_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. Author: Lauren Mondschein Hits: 2 |
Monthly_Economic_Update_January_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_January_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-02- Hits: 2 |
Monthly_Economic_Update_Indicators_February_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-02- Hits: 2 |
Monthly_Economic_Update_February_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-02- Hits: 2 |
Monthly_Economic_Update_February_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_December_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-12- Hits: 2 |
Monthly_Economic_Update_December_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2021-12- Hits: 2 |
Monthly_Economic_Update_December_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Monthly_Economic_Update_August_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_August_2022.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. CreationDate: 2022-08- Hits: 2 |
Monthly_Economic_Update_August_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Monthly_Economic_Update_April_25_2023.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline in the Central Atlantic region. Source: U.S. Energy Hits: 2 |
Monthly_Economic_Update_April_2021_Indicators.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_April_2021.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 12. Year-over- Hits: 2 |
Monthly_Economic_Update_April_2020.pdfS. Bureau of Labor Statistics. Pennsylvania Economic Indicators United States Economic Indicators 1. Source: U.S. Bureau of Labor Statistics- Survey of Households. 2. Year-over-year increase in payroll employment. Source: U.S. Bureau of Labor Statistics- Survey of Establishments. 3. Average price for one gallon of regular gasoline. Source: U.S. Energy Information Administration. 11. Year-over- Hits: 2 |
Kling_Presentation.pdfmaximum sustainable output allows researchers to replicate those estimates for 1949 through 2016 Code for CBO’s imputations of survey underreporting allows researchers to replicate those imputations for 1979 through 2016 for three large programs Explaining Analytical Methods: Computer Code the Administration. For example: CBO compares its economic forecast with those of the Federal Reserve and the Blue Chip survey of 50 private-sector forecasters CBO compared its estimates of subsidies provided under the Affordable Care Act with those Hits: 2 |
IFO_Hearing_Materials_March_2023.pdfMarket Note: Data are seasonally adjusted. Jobs data measures number of residents employed and includes self-employed individuals. Source: Household Survey, U.S. Bureau of Labor Statistics. Independent Fiscal Office 5 March 2023 Change Jan 2020 Jan 2023 Number Percent Total includes: VA, KY, TN, NC, SC, AR, LA, MS, AL, GA, FL & DC. Source: U.S. Census Bureau. American Community Survey. 2021 5-year Public Use Microdata files. Calculations by IFO. Independent Fiscal Office 11 March 2023 Revenues – Fiscal Year-to- Hits: 2 |
IFO testimony CR Hearing Jan 29 2020.pdfthe purpose of estimating the potential revenue impact from combined reporting proposed in last year’s Executive Budget, the IFO surveyed reports, fiscal notes and other documents from states that enacted combined reporting in the past decade. Overall, that research suggested approximately 20 percent, and in a report from March 2018, revised that estimate to 28 percent. In addition to the survey, the IFO performed an analysis that used a simple statistical test to quantify the potential impact of combined reporting for Hits: 2 |
FTA_Student_Loan_Presentation_Oct_2023.pdfin College Pricing and Student Aid. High Income Borrowers Make Great Majority of Payments October 3, 2023 12 Brookings (2019) Survey of Current Finances (2016) 73% payments from top 40% 2% payments from bottom 20% Briones, Powell and Turner (Jan 2023) Survey of Current Finances (2019) 60% payments from top 40% 7% payments from bottom 20% earnings median share share decile earnings Hits: 2 |
EPLC_April_2024.pdfage 65. Source: U.S. BLS Local Area Unemployment Statistics and U.S. Labor Force Statistics from the Current Population Survey. PA Labor Force Participation Rates Notes Education Policy & Leadership Center Slide 6 • Real GDP (adjusts for inflation) expected to decelerate parens) all energy (7%) durables (9%) all food (13%) Notes Education Policy & Leadership Center Slide 10 • All jobs based on survey data and include self- employed; A person with multiple jobs is counted once • Payroll jobs are based on administrative data Hits: 2 |
Economic_and_Revenue_Update_2020.pdf2019) Minimum Wage Increase Estimates (October 2019) Redevelopment Assistance Capital Program (October 2019) Tax Incentive Expansion (December 2019) Special Education Survey (November 2019, unpublished) Property Tax Homestead Exclusion and PIT (March 2019) School District Property Tax Forecast (March 2019) Property Tax 0 100.0 100.0 100.0 Age 65+ Homeowners Household Income Level Source: U.S. Census Bureau American Community Survey 2018 1-Year Estimates. Computations by the IFO. All Homeowners $1 to $19,999 20,000 to 39,999 40 Hits: 2 |
County-Prop-Tax-RB.pdfThis research brief utilizes data from the U.S. Census Bureau American Community Survey (ACS) 1-year Public Use Microdata Sample (PUMS) dataset to present property tax information based on county, homeowner age and do not report such income. Multiple studies have found that respondents underreport retirement income in the ACS and Current Population Survey (CPS). See Bee, Adam and Joshua Mitchell, “Do Older Americans Have More Income Than We Think?” U.S. Census Bureau Hits: 2 |
2013_special_report_funding_and_reforming_public_employee_retirement_systems.pdfSERS and PSERS had the second‐lowest paid of ARC is National Association of State Retirement Administrators (NASRA) Public Fund Survey FY 10 and PEW Center Trillion Dollar Gap Study 2010. 9 Christian E. Weller, Mark A. Price, and David M the municipal pension plans that we audit in Pennsylvania have 10 or fewer members. By comparison, according to a recent survey conducted by the U.S. Census Bureau which reported the number of defined benefit plans maintained by state and local Hits: 2 |
TC_2022_Coal_Refuse_Energy_and_Reclamation.pdfdistrib- utes grants to states and tribes to use for reclamation projects, such as permitting, environmental assess- ments and site surveys, as well as operational costs once a project commences. From 2016 to 2021, DEP data show that AML and other Hits: 1 |
TC_2021_Video_Game_Production.pdfand services subject to state sales tax based on data from the U.S. Bureau of Labor Statistics’ Consumer Expenditure Survey. The computation is based on consumer spending patterns, and the actual percentage could be different than 30 percent. Appendix | Page Hits: 1 |
TC_2021_Neighborhood_Assistance_Program.pdfand services subject to state sales tax based on data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. The computation is based on consumer spending patterns, and the actual percentage could be different than 30 percent. Appendix | Page Hits: 1 |
TC_2021_Keystone_Special_Development_Zones_Update.pdfand services subject to state sales tax based on data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. The computation is based on consumer spending patterns, and the actual percentage could be different than 30 percent. Appendix | Page Hits: 1 |
TC_2021_Entertainment_Economic_Enhancement_Program.pdfand services subject to state sales tax based on data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. The computation is based on consumer spending patterns, and the actual percentage could be different than 30 percent. Appendix | Page Hits: 1 |
TC_2019_New_Jobs_Tax_Credit_Report.pdfof other economic conditions or policies. Studies have approached this question in a number of ways, including (1) surveys of executive decision-makers, (2) comparing employment data for affected states, industries, geographic areas or firms with a similar unaffected control group Hits: 1 |
Sen_Maj_Pol_Comm_Brain_Drain_Workshop_04_30_2019.pdf007 -4,498 -5,372 -3,335 -1,123 -6,011 Source: U.S. Bureau of the Census, American Community Survey (ACS), Public Use Microdata Sample (PUMS) single year files (multiple years). Annual Domestic Migration of Young Adults in Pennsylvania (2006 Hits: 1 |
Senate_Appropriations_Committee_Response_Letter_2024.pdfdependents and that any income is distributed to both spouses equally. Property tax amounts are estimated based on American Community Survey Data from the U.S. Census Bureau. Excludes the impact of any property tax relief programs, which could materially reduce Hits: 1 |
Senate_Appropriations_Committee_Response_Letter_2023.pdfand the Labor Force Outcomes for Working Married Mothers,” Social, Economic and Housing Statistics Division (SEHSD) Working Paper 2021-14, Survey Improvement Research Branch, U.S. Census Bureau (2021). March 31, 2023 Page 7 percent increase in expenditures predicts a 0 Hits: 1 |
Senate_Appropriations_Committee_Response_Letter_2022.pdfdistrict property taxes totaled $15.32 billion. Based on data published by the U.S. Census Bureau’s American Community Survey (ACS), the IFO estimates that 58% of statewide property taxes are paid by homeowners, which equates to $9.11 billion Hits: 1 |
Revenue_Proposal_Analysis_2022_04.pdf2019 Occupational Employment Statistics (OES) dataset from the U.S. Bureau of Labor Statistics. The OES is a semi-annual survey sent to a sample of non-farm establishments across all industries and includes estimates for employment and wages for specified Hits: 1 |
Revenue_and_Economic_Update_Presentation_2020_10.pdf8% of PA renter households missed last rental payment (Oct 2020) Impacts 300,400 renter households (new experimental Pulse Survey) Philly Fed: 4.5% of PA renter households have rental debt by Dec (IPUMS) Impacts 48,100 renter Hits: 1 |
Response-Letter-11-08-2019.pdftaxes eliminated under each of the aforementioned proposals. Based on data from the U.S. Census Bureau’s American Community Survey (ACS) and previous research by the IFO on school district property taxes, the analysis finds the following: 2 There Hits: 1 |
RB_2024_04_Older_Workers.pdfof quits and new hires, and average monthly earnings across various sectors. Because the database uses administrative records and not surveys, it provides the best source of information regarding workers’ age and transitions. It is noted that the database excludes self- Hits: 1 |
RB_2024_04_Job_Change.pdfsectors generated all year- over-year Pennsylvania payroll job gains for 2024. (The preliminary data are based on a monthly survey of establishments and exclude the self-employed. If an individual holds two jobs, they are counted twice.) This outcome reflects Hits: 1 |
RB_2023_1_Post_Pandemic_Gasoline_Consumption.pdffrom Home Will Stick. (http://www.nber.org/papers/w28731). 2 U.S. Census Bureau, 2019 and 2021 American Community Survey 1-Year Estimates. Post-Pandemic Gasoline Consumption Independent Fiscal Office | Research Brief | January 2023 CreationDate: 2023-01-05 16:35 Hits: 1 |
RB_2023_12_Gasoline_Consumption_Remains_Subdued.pdfthe continuation of hybrid and remote work schedules for some workers. According to a recent U.S. Census Bureau Pulse survey (and consistent with national trends), 26% of Pennsylvania workers 18 or older work from home one or more days per Hits: 1 |
RB_2022_12_Worker_Reduction_By_Age.pdfby age group are not published, and annual average rates are subject to wide confidence intervals due to lack of survey data within each age group for each state. Hence, the QWI data, although lagged, provide one of the best indicators Hits: 1 |
RB_2022_08 County Income Patterns.pdfloans. Pandemic Relief Programs (2020) Independent Fiscal Office Page 8 Reference Map Data Sources U.S. Census Bureau, American Community Survey 5-Year Estimates, 2017-20. (Web) U.S. Bureau of Economic Analysis, Personal Income Summary, 2017-20. (Web) U.S Hits: 1 |
RB_2021_02 County Income Patterns.pdfadjustment impacts Figure 2 and the 2016 raw data for Philadelphia County. Data Sources U.S. Census Bureau, American Community Survey 5-Year Estimates, 2016-19. (Web) U.S. Bureau of Economic Analysis, Personal Income Summary, 2016-19. (Web) Independent Fiscal Hits: 1 |
RB-2020-03 County Income Patterns.pdfa per capita or average income level of $57,400 for 2018. Data Sources U.S. Census Bureau, American Community Survey 1-Year Estimates, 2016-18. (Web) U.S. Bureau of Economic Analysis, Personal Income Summary, 2016-18. (Web) Independent Fiscal Hits: 1 |
RB-2017-5.pdfincludes rankings for personal income, corporate net income and sales and use tax revenues. Revenue data are from the Annual Survey of State Government Tax Collections published by the U.S. Census Bureau. Because tax revenues can increase or decrease significantly Hits: 1 |
RB 2019 County Income Patterns.pdfa per capita or average income level of $55,000 for 2017. Data Sources U.S. Census Bureau, American Community Survey 1-Year Estimates, 2015-17. (Web) U.S. Bureau of Economic Analysis, Personal Income Summary, 2015-17. (Web) Independent Fiscal Hits: 1 |
PSBA-Property-Tax-Update-March-2020.pdfBurden is ratio of Property Tax to Income. Income excludes any capital gains. Source: U.S. Census Bureau, American Community Survey 2018 1-Year Estimates. Computations by IFO. CreationDate: 2020-03-13 15:26:03 Creator: Microsoft® PowerPoint® 2016 ModDate: 2020- Hits: 1 |
Press_Release_2018_Economic_and_Budget_Outlook.pdfcase” scenario. However, the report includes a cautionary note on the economic and revenue implications of a recession. A recent survey of economists by the Wall Street Journal indicates that most economists believe that a recession is more likely than not Hits: 1 |
Presentation_PICPA_9-24-2013.pdf3% Non-Store (e-commerce) 10.5% Food Services 3.9% Source: U.S. Department of Commerce, Monthly Retail Trade Survey. 24 . Sept . 2013 13 Are PA Firms Hiring? Wage withholding comprises nearly one-third General Fund revenues. Growth in withholding Hits: 1 |
Presentation_PICPA_12-3-2014.pdf80.3 66.1 17.6 2014 62.7 n.a. n.a. n.a. n.a. Source: Current Population Survey (U.S. Census Bureau) and PA Department of Labor and Industry, CWIA. PA Labor Force Participation Rates -1.6 ppt Hits: 1 |
Presentation_2016-06-08_GPNP_Budget_Outlook.pdf9% 13.0% 15.0% 13.0% 12.1% 11.7% Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey. Consumer Spending by Age Cohort 8.Jun.2016 20 Age Cohort 18‐34 35‐54 55‐64 65+ Salaries & Wages Hits: 1 |
Presentation-2019-3-1-EPLC.pdfenact? Various long-term demographic concerns. Declining birth rates. Possible contracting labor force. Policymakers should consider recession scenarios. Surveys: recession more likely than not next three years. Will federal government be able/willing to assist states? March 1 Hits: 1 |
Presentation-2018-06-PASBO.pdfUtilizes IFO school property tax and homestead forecast as a baseline. Estimates informed by detailed data from the American Community Survey Public Use Microdata Sample (PUMS). 35 county groupings. Analyzed the distribution of home values for each grouping. School Hits: 1 |
PBB_2022_PHMC_REPORT.pdfPA-SHARE), which includes Geographic Information Systems (GIS), data associ- ated with Pennsylvania Historic Places Inventory (PAGS), Pennsylvania Archaeological Site Survey (PASS) and digital administrative files related to all SHPO program areas. The primary goal of this activity is to assist Hits: 1 |
PBB_2022_AGRICULTURE_REPORT.pdf1.8 $1.99 Note: Per household calculations use household counts according to the U.S. Census Bureaus' American Community Survey (ACS) 2019 estimate. Poverty rate is equal to the percentage of residents in poverty in 2019. Calcuations by the IFO Hits: 1 |
PBB_2020_DEP_Report.pdf90% % CWS that meet HB drinking water standards 93% 92% 91% 92% 92% 93% % CWS with a sanitary survey inspection conducted within the last 3 years 92% 85% 82% 77% 78% 80% % Violations resolved 84% 83% 81% 77% 53% 80% Notes Hits: 1 |
PBB_2019_DGS_Report.pdffacilities managed by DGS. This measure is comparable to industry averages from the Commer- cial Buildings Energy Consumption Survey (last revised in December 2012). The average site En- ergy Use Intensity (EUI) for an office building in the U.S. Northeast Hits: 1 |
PBB_2019_Criminal_Justice_Report.pdf0.8 State Annual Costs Per Inmate 1 Average annual growth rate. Source: U.S. Census Bureau, Annual Survey of State Government Finances and Bureau of Justice Statistics. Calculations by the IFO. Note: Dollar amounts in thousands. State operating budgets may Hits: 1 |
PA_Turnpike_Toll_Projections_May_31_2013.pdfmany toll roads have few viable alternatives. Some widely cited studies and relevant results are as follows: Burris (2003) surveys previous studies of U.S. toll facilities to determine a range of responsiveness for fixed-tolls (i.e., tolls that Hits: 1 |
Official-Revenue-Estimate-2020-06.pdfby 48,000 due to reduced demand for business and home con- struction, as well as home remodeling. Surveys have noted that firms have postponed plans for new construction due to the uncertainty regarding the economic recovery from COVID-19, in Hits: 1 |
Newsstand_2018_November.pdfgrowth for wholesalers (7.8%). Which U.S. Workers Have Received Real Pay Raises? An October analysis of Current Population Survey data by the website Governing finds that median (as opposed to average) real earnings for individuals with a bachelor’s Hits: 1 |
Newsstand_2018_August.pdffinancial market. The final scenario discusses the trade war with China and other global partners. The latest Wall Street Journal survey of economists places the chance of recession in the next 12 months at 18.3%. IFO NEWS STAND A monthly Hits: 1 |
Memo-2019-03-Income-and-Property-Tax-Burden-for-Retirees.pdfTerm Liabilities by State Notes: dollar amounts in millions. OPEB stands for Other Post-Employment Benefits. 1 Pew “50-State Survey of Retiree Health Care Liabilities“, Figure 4. 3 Individual State Pension System Reports/CAFRs for FYE 16. 4 State employees Hits: 1 |
Lancaster_Chamber_Presentation_ Oct_6_2021.pdfUnexpected decline since May # unemployed falls but modest job gains Where Did the Workers Go? Early retirements – but only national survey data available ▪ Rate of retirements double first 15 months of pandemic (Oxford Economics) ▪ But how much is a timing issue Hits: 1 |
Initial_Revenue_Update_May_2023_Final.pdfin first estimated payment May 24, 2023 1 Critical Forecast Assumptions 1 No recession in 2023 or 2024 ▪ April WSJ Survey of Economists: 61% expect recession next 12 months ▪ Debt ceiling impasse resolved before default ▪ Federal Reserve largely done with rate Hits: 1 |
Initial_Revenue_Estimate_Presentation_May_2023_Final.pdfin first estimated payment May 24, 2023 1 Critical Forecast Assumptions 1 No recession in 2023 or 2024 ▪ April WSJ Survey of Economists: 61% expect recession next 12 months ▪ Debt ceiling impasse resolved before default ▪ Federal Reserve largely done with rate Hits: 1 |
IFO_Testimony_CR_June_29_2023.pdfis not included because it does not collect a traditional corporate income tax. Source: Other state estimates come from a survey of select states by the National Conference of State Legislatures, various state fiscal notes, analyses and reports. 12% Base Expansion Hits: 1 |
IFO_Response_Letter_April_12_2022.pdf58% of statewide property taxes are paid by homeowners if all Act 1 allocations are also included. Furthermore, American Community Survey data show that senior homeowners (age 65 or older) remit 30% of property taxes paid by homeowners throughout the state Hits: 1 |
IFO-Presentation-11-14-2019.pdfor older -188 All Other -19,636 Total 15,473 Total -27,426 Source: U.S. Census Bureau. American Community Survey and U.S. Census Bureau, Population Estimates. Economic Outlook U.S. and PA year-over-year 2019 wage growth remains Hits: 1 |
EPLC_3_4_2022_update.pdfgains. SD is school district. Lower bank of figures is for all ages. Source: U.S. Census Bureau, American Community Survey 2019 1-Year Estimates. Computations by IFO. Replacing Homeowner School Property Tax Personal income tax: raise rate (3.07%) and Hits: 1 |
EPLC-2-19-21.pdfgains. SD is school district. Lower bank of figures is for all ages. Source: U.S. Census Bureau, American Community Survey 2019 1-Year Estimates. Computations by IFO. Replacing Homeowner School Property Tax Personal income tax: raise rate (3.07%) and Hits: 1 |
EPLC Feb 2020 FINAL.pdfBurden is ratio of Property Tax to Income. Income excludes any capital gains. Source: U.S. Census Bureau, American Community Survey 2018 1-Year Estimates. Computations by IFO. Replacing Homeowner School Property Tax Personal income tax: raise rate (3.07%) and Hits: 1 |
Economic_Forecast_Business_Leadership_Summit_Feb_2024.pdfJan 2024 Why not? Holdouts July 2022 Philly CPI +8.8% Gasoline $4.80 S&P 500 -21% YTD WSJ Survey of Economists Do You Expect Recession next 12 months? Three Interest Rates Tell the Story Slide 3 Feb 2024 Economic Hits: 1 |
Economic_and_Revenue_Update_2021.pdfincorporate the impact of simultaneous tax law changes. Source: Pennsylvania estimate from Department of Revenue. Non-Pennsylvania estimates from a survey of select states by the National Conference of State Legislatures, various state fiscal notes and reports. Independent Fiscal Office 28 Hits: 1 |
County_Property_Tax_Burden_Aug_2021.pdf2020 that used data from CY 2018. The prior analysis used income and property tax data from the American Community Survey compiled by the U.S. Census Bureau and applied to homeowners only. This update uses income data from the Bureau Hits: 1 |
CNIT-Rate-Cut-2018-04.pdfthe economic and statutory burden of the tax. Due to recent federal rate cuts, a number of analyses can be surveyed for that purpose. The fourth section considers trends in CNIT revenues for states that raised, lowered or did not change Hits: 1 |
Budget_Hearing_Background_Feb2016.pdfAdjusted Gross Income data are from the Internal Revenue Service. The share of residents uninsured are from the American Community Survey 1‐year estimates, U.S. Census Bureau. (13) 2014 Number of Residents (000s) Share of Residents Share of Adj. Gross Hits: 1 |
2022_Mid_Year_Update.pdf3 Strong house and stock markets through December (wealth effects) 4 More stimulus $$ (EIPs) makes their way into economy ▪ Original Surveys: ~25% spent | ~75% saved or pays down debt ▪ Spending recirculating faster? (money velocity and economic multipliers) ▪ Student loan moratorium | no Hits: 1 |