U.S. State Tax Revenue Rises at Slowest Pace Since Mid-2010
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U.S. state tax collections rose during the last three months of 2011 at the slowest pace in a year and a half, according to an analysis.
The Nelson A. Rockefeller Institute of Government said today that revenue rose 2.7 percent during the fourth quarter from a year earlier, the smallest increase since the three months ended June 2010. The figures compare with growth of 6.1 percent in the third quarter and 11 percent in the three-month period ended June 30.