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FY 2024 State Budget Status

This page tracks the status of FY 2024 state budgets as they are passed by state legislatures and signed by governors.

The Economy’s Unexpected Strength Starts With the Labor Market

With unemployment low, inflation high, wages rising and the Federal Reserve raising interest rates, economists expected a recession. That one hasn’t happened might be thanks to pandemic stimulus checks and unemployment benefits, coupled with a lack of spending, which meant consumers and businesses were able to accumulate more in savings than if COVID-19 had never happened.

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