Releases

Revenue & Economic Update

IFO Releases
Release thumbnail - December 2020 Economic Update - 2020-12-16
December 2020 Economic Update
December 16, 2020 | Revenue & Economic Update

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. 

Tags: economic, monthly, news

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Release thumbnail - November 2020 Revenue Update - 2020-12-01
November 2020 Revenue Update
December 01, 2020 | Revenue & Economic Update

The Commonwealth collected $2.34 billion in General Fund revenues for November, a decrease of $18.3 million (-0.8%) compared to November 2019.

Tags: estimates, monthly, revenue

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Release thumbnail - November 2020 Economic Update - 2020-11-25
November 2020 Economic Update
November 25, 2020 | Revenue & Economic Update

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. 

Tags: economic, monthly, news

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Release thumbnail - October 2020 Revenue Update - 2020-11-02
October 2020 Revenue Update
November 02, 2020 | Revenue & Economic Update

The Commonwealth collected $2.59 billion in General Fund revenues for October, a decrease of $77.5 million (2.9%) compared to October 2019.

Tags: estimates, monthly, revenue

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Release thumbnail - October 2020 Economic Update - 2020-10-22
October 2020 Economic Update
October 22, 2020 | Revenue & Economic Update

The October edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

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Release thumbnail - September 2020 Revenue Update - 2020-10-01
September 2020 Revenue Update
October 01, 2020 | Revenue & Economic Update

The Commonwealth collected $3.26 billion in General Fund revenues for September, an increase of $76.7 million (2.4%) compared to September 2019.

Tags: estimates, monthly, revenue

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Release thumbnail - September 2020 Economic Update - 2020-09-23
September 2020 Economic Update
September 23, 2020 | Revenue & Economic Update

The September edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

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Release thumbnail - August 2020 Revenue Update - 2020-09-01
August 2020 Revenue Update
September 01, 2020 | Revenue & Economic Update

The Commonwealth collected $2.55 billion in General Fund revenues for August, an increase of $355.5 million (16.2%) compared to August 2019. The IFO estimates that roughly $235.0 million of the increase was associated with extended tax due dates related to the COVID-19 pandemic. 

Tags: estimates, monthly, revenue

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Release thumbnail - August 2020 Economic Update - 2020-08-25
August 2020 Economic Update
August 25, 2020 | Revenue & Economic Update

The August edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends.

Tags: economic, monthly, news

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Release thumbnail - July 2020 Revenue Update - 2020-08-03
July 2020 Revenue Update
August 03, 2020 | Revenue & Economic Update

The Commonwealth collected $4.10 billion in General Fund revenues for July, an increase of $1.77 billion compared to July 2019. The IFO estimates that roughly $1.62 billion of the increase was associated with extended tax due dates related to the COVID-19 pandemic. 

Tags: estimates, monthly, revenue

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