Are State and Local Governments in a Strong Fiscal Position?

Abstract: Federal fiscal assistance in the COVID-19 pandemic has increased states’ budget surplus and raised recent state and local government spending above trend.

Keywords: COVID-19; state governments; local governments; state budgets; local budgets; state government spending; local government spending;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2024-02-08