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Pew: CT’s rainy day fund is fifth strongest in the U.S.

Pew estimates that 28 states expect their rainy day fund balances to grow in fiscal 2021 from the previous year, increasing the national total by a net amount of $4.6 billion to a new high of $82.3 billion.

Connecticut ranks last in new study on personal income growth

Neighbor state Massachusetts ranked first in the nation.

CT doing better with rainy day fund than New York, according...

Although at least 36 states had planned to make additional rainy day fund (RDF) deposits in fiscal 2020, the fiscal and economic strain inflicted by the Covid-19 pandemic prompted at least 17 to make or authorize withdrawals from those funds, according to the analysis.

Connecticut’s rainy day fund is helping state stay afloat – but...

Justin Theal, an officer with The Pew Charitable Trusts’ State Fiscal Health team, calls Connecticut “one of the most financially secure states going into the recession.”

Connecticut ranks last among states in post-Great Recession personal income growth

Connecticut’s poor performance was attributed to losses in its manufacturing sector, particularly in the chemical industry.

State tax receipts significantly up in Connecticut, New York per new...

At the other end of the scale was Alaska, which was down 86.3 percent from its peak.