Releases

Economics and Other

IFO Releases
Release thumbnail - Drivers Unresponsive to High Gasoline Prices - 2026-10-14
Drivers Unresponsive to High Gasoline Prices
October 14, 2026 | Economics and Other

The IFO released a research brief that updates fuel consumption through July 2026. Despite a large spike in gasoline prices over the summer, Pennsylvania drivers did not reduce consumption. The brief also examines the modest contraction of fuel taxes deposited into the Motor License Fund compared to other revenue sources, such as licenses and fees.

Full Report - opens in a new tab

Release thumbnail - Tax Credits and Other Incentives - 2026-09-24
Tax Credits and Other Incentives
September 24, 2026 | Economics and Other

This report presents data on Pennsylvania tax credits and economic development incentives for fiscal years (FY) 2021-22 through FY 2026-27. The tables provide annual detail on tax credit utilization or awards, state spending or grants, job training programs and state loan programs. Fiscal year 2026-27 amounts are budgeted, authorized or projected and will differ from final amounts claimed or awarded. The report also highlights recent changes to incentive program spending or utilization.

Full Report - opens in a new tab

Release thumbnail - State and Local Tax Revenues: A 50 State Comparison - 2026-09-21
State and Local Tax Revenues: A 50 State Comparison
September 21, 2026 | Economics and Other

This report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis (BEA) and other sources to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) state and local effective tax rates across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels.

Full Report - opens in a new tab

Release thumbnail - Interest Earnings Update - 2026-09-10
Interest Earnings Update
September 10, 2026 | Economics and Other

This budget brief provides data for interest earned on the General Fund and Rainy Day Fund average daily balances. It also provides estimates for FY 2026-27 and FY 2027-28.

Full Report - opens in a new tab

Release thumbnail - Personal Income Tax Progressive at Low End - 2026-08-17
Personal Income Tax Progressive at Low End
August 17, 2026 | Economics and Other

The IFO published a budget brief that examines two provisions that convert the flat state income tax (3.07% rate) into an effectively progressive tax for lower-income filers.

Full Report - opens in a new tab

Release thumbnail - SNAP Update: Payment Error Rate Declines - 2026-08-12
SNAP Update: Payment Error Rate Declines
August 12, 2026 | Economics and Other

The IFO published a budget brief using the latest SNAP data from June 2026. Enrollment has reverted to pre-Covid levels after a 14% contraction from the June 2024 peak.

Full Report - opens in a new tab

Release thumbnail - Pennie Enrollees Down 8% as Subsidies Expire - 2026-07-06
Pennie Enrollees Down 8% as Subsidies Expire
July 06, 2026 | Economics and Other

The IFO released a budget brief on trends in effectuated enrollments for the Pennsylvania healthcare exchange (Pennie).

Full Report - opens in a new tab

Release thumbnail - Gross Receipts Tax on Electricity Sales - 2026-07-01
Gross Receipts Tax on Electricity Sales
July 01, 2026 | Economics and Other

The IFO released a research brief that examines revenues from the gross receipts tax levied on sales of electricity.

Full Report - opens in a new tab

Release thumbnail - Sports, Marketing, & Tourism Series: 2025 Major League Baseball Little League Classic - 2026-06-23
Sports, Marketing, & Tourism Series: 2025 Major League Baseball Little League Classic
June 23, 2026 | Economics and Other

The IFO submitted an economic impact report for the Major League Baseball Little League Classic in Lycoming County (August 2025) to the General Assembly. The analysis finds that economic activity related to the event generated $2.6 million in statewide spending and $181,000 in select state and local taxes.

Full Report - opens in a new tab

Release thumbnail - Budget and Economic Update - 2026-06-11
Budget and Economic Update
June 11, 2026 | Economics and Other

Director Knittel provided a Budget and Economic Update to the Pennsylvania Aggregates and Concrete Association.

Full Report - opens in a new tab