Clik here to view.
Direct Payments to Signing States Explained
The National Mortgage Settlement is a landmark joint state-federal settlement with the country's five largest loan servicers – Ally/GMAC, Bank of America, Citi, JPMorgan Chase, Wells Fargo. The...
View ArticleReport Assesses State Tax Systems
The recent report by the Institute on Taxation and Economic Policy (ITEP) assessed the fairness of state and local tax systems among 50 states. The report identified ten states as having the most...
View ArticleDecline in gasoline prices drives down CPI
Falling gas prices caused U.S. consumer prices to drop at the fastest rate in four years.The U.S. Bureau of Labor Statistics reported last Thursday the Consumer Price Index for All Urban Consumers...
View ArticleClik here to view.
State Spending on Public Colleges and Universities has Fallen for Five...
According to a report by the State Higher Education Executive Officers, total education revenue per Full-Time Equivalent (FTE) in public higher education from 2007 to 2012 is 7.9% lower than in 2007...
View ArticleClik here to view.
State Employee Mileage Reimbursement Rates 2013
While most states reimburse employees for work-related use of private vehicles at the federal rate set by the Internal Revenue Service, some states vary in their reimbursement rates. Thirty-six states...
View ArticleClik here to view.
The Employment Situation – May 2013
Total nonfarm payroll employment increased by 175,000 in May, and the unemployment rate rose slightly to 7.6 percent from 7.5 percent as more people entered the labor force, the Labor Department...
View ArticleClik here to view.
Five States with the Highest Negative Equity
According to CoreLogic’s recent negative equity report, in the first quarter of 2013, 9.7 million or 19.8% of all residential properties with a mortgage were still underwater, or in negative...
View ArticleClik here to view.
Michigan Declined the Most on American Human Development Index
According to the recent report, “Measure of America 2013-2014,” published by the Social Science Research Council, Michigan has experienced the greatest decline in human development over the past 10...
View ArticleClik here to view.
States with Largest Corporate Income Tax Credits
According to the recent report, “Megadeals: The Largest Economic Development Subsidy Packages Ever Awarded by State and Local Governments in the United States,” by the police resource center Good Jobs...
View ArticleTop 10 States with Largest Pension Liabilities/Revenues Ratio
Moody’s Investor Service report, released on June 27, 2013, presented adjusted pension data for all 50 states in fiscal year 2011. Ten states had pension liabilities equal to or greater than their...
View ArticleClik here to view.
US Trade Deficit Widened to $45 billion in May
The Bureau of Economic Analysis announced on July 3rd, 2013 that total May exports of $187.1 billion and imports of $232.1 billion resulted in a goods and services deficit of $45.0 billion, up from...
View ArticleClik here to view.
CDC Releases State-by-State Healthy Life Expectancy Estimates
Center for Disease Control and Prevention has released the government’s first state-by-state look at how long 65 year-old Americans can expect to live and how many of those remaining years will be...
View ArticleClik here to view.
Pew: What Role, if any, Should States Play in Helping Municipalities Recover...
The city of Detroit filed for Chapter 9 bankruptcy protection in federal court on July 18th, 2013, making it the largest city in the history of the United States to file for bankruptcy. According to a...
View ArticleClik here to view.
US Employers Add 162,000 Jobs, Unemployment Rate Falls to 7.4 Percent
The unemployment rate edged down to 7.4 percent from 7.6 percent, its lowest number level since December 2008, while employers added 162,000 jobs, the Labor Department reported on August 2, 2013....
View ArticleClik here to view.
How Effective are Sales Tax Holidays?
This year seventeen states will hold brief sales tax holidays in order to attract back-to-school shoppers and boost the economy. However, according to a recent report by the Tax Foundation, sales tax...
View ArticleClik here to view.
Social Security Turns 78
President Roosevelt signed the Social Security Act into law 78 years ago. It is the major source of income for elderly beneficiaries who paid into the system throughout their lives; on average, it...
View ArticleClik here to view.
Moody’s Revises U.S. States’ Outlook from Negative to Stable, Local...
Moody’s outlook at the state level has been negative for five years; however, on August 20, 2013 Moody’s Investors Services has revised its outlook for US states to stable from negative. Moody’s...
View ArticleClik here to view.
Michigan Declined the Most on American Human Development Index
Nurlan KussainovAccording to the recent report, “ Measure of America 2013-2014 ,” published by the Social Science Research Council, Michigan has experienced the greatest decline in human development...
View ArticleClik here to view.
States with Largest Corporate Income Tax Credits
Nurlan KussainovAccording to the recent report , “Megadeals: The Largest Economic Development Subsidy Packages Ever Awarded by State and Local Governments in the United States,” by the police resource...
View ArticleClik here to view.
Top 10 States with Largest Pension Liabilities/Revenues Ratio
Nurlan KussainovMoody’s Investor Service report , released on June 27, 2013, presented adjusted pension data for all 50 states in fiscal year 2011. Ten states had pension liabilities equal to or...
View Article
