The December 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.
Director Matthew Knittel provided an economic update to the PA Association of Community Bankers.
Tags: economic, presentation, revenue
This research brief examines the impact of the PPP on Pennsylvania businesses by considering the number and type of firms affected, the potential employment impact and possible tax implications.
Tags: businesses, employment, ppp, tax
The Commonwealth collected $2.34 billion in General Fund revenues for November, a decrease of $18.3 million (-0.8%) compared to November 2019.
The November 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.
This report for the third quarter of 2020 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
Tags: gas, production
This report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels.
Tags: comparison, local, state, tax
Director Matthew Knittel made a presentation to the Harrisburg Trade Association Executives and the PICA 2020 Fall Conference.
Tags: economic, presentation, revenue
This letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the United Government Security Officers of America (UGSOA).
The Commonwealth collected $2.59 billion in General Fund revenues for October, a decrease of $77.5 million (2.9%) compared to October 2019.