IFO Releases
JANUARY 2023 MONTHLY ECONOMIC UPDATE
January 25, 2023 | Revenue & Economic Update
The January edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends.
December 2022 Revenue Update
January 03, 2023 | Revenue & Economic Update
The Commonwealth collected $4.04 billion in General Fund revenue for December, an increase of $195.9 million (5.1%) compared to December 2021. The implementation of the Department of Revenue’s tax modernization project resulted in the shift of roughly $200 million of revenue that would normally have been receipted in November to December.