State revenue growth in fiscal year 2024 remained weak, mirroring the trend seen in fiscal year 2023. This sustained weak growth followed a period of robust growth during the preceding two years, driven by temporary factors including federal fiscal aid during the COVID-19 pandemic and strong stock market performance. States previously forecasted that this growth would continue, but revenues in fiscal years 2023 and 2024 have fallen below those earlier projections.
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- United States of America
