Releases

Revenue & Economic Update

IFO Releases
Release thumbnail - December 2022 Monthly Economic Update - 2022-12-20
December 2022 Monthly Economic Update
December 20, 2022 | 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, update

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Release thumbnail - NOVEMBER 2022 REVENUE UPDATE - 2022-12-01
NOVEMBER 2022 REVENUE UPDATE
December 01, 2022 | Revenue & Economic Update

The Commonwealth collected $2.75 billion in General Fund revenue for November, a decrease of $3.87 billion (-58.4%) compared to November 2021. The implementation of the Department of Revenue’s tax modernization project resulted in the delay of roughly $200 million of revenue that would normally have been receipted in November to December.

Tags: estimates, monthly, revenue

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Release thumbnail - November 2022 Monthly Economic Update - 2022-11-21
November 2022 Monthly Economic Update
November 21, 2022 | 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, update

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Release thumbnail - October 2022 Revenue Update - 2022-11-01
October 2022 Revenue Update
November 01, 2022 | Revenue & Economic Update

The Commonwealth collected $3.12 billion in General Fund revenues for October, an increase of $310.8 million (11.0%) compared to October 2021.

Tags: estimates, monthly, revenue

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Release thumbnail - October 2022 Monthly Economic Update - 2022-10-24
October 2022 Monthly Economic Update
October 24, 2022 | 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, update

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Release thumbnail - September 2022 Revenue Update - 2022-10-03
September 2022 Revenue Update
October 03, 2022 | Revenue & Economic Update

The Commonwealth collected $4.22 billion in General Fund revenues for September, an increase of $214.8 million (5.4%) compared to September 2021.

Tags: estimates, monthly, revenue

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Release thumbnail - SEPTEMBER 2022 MONTHLY ECONOMIC UPDATE - 2022-09-19
SEPTEMBER 2022 MONTHLY ECONOMIC UPDATE
September 19, 2022 | 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, update

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Release thumbnail - August 2022 Revenue Update - 2022-09-01
August 2022 Revenue Update
September 01, 2022 | Revenue & Economic Update

The Commonwealth collected $2.86 billion in General Fund revenues for August, an increase of $290.7 million (11.3%) compared to August 2021.

Tags: estimates, monthly, revenue

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Release thumbnail - August 2022 Monthly Economic Update - 2022-08-22
August 2022 Monthly Economic Update
August 22, 2022 | 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, update

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Release thumbnail - July 2022 Revenue Update - 2022-08-01
July 2022 Revenue Update
August 01, 2022 | Revenue & Economic Update

The Commonwealth collected $2.70 billion in General Fund revenues for July, a decrease of $4.0 million (-0.1%) compared to July 2021.

Tags: estimates, monthly, revenue

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