Recovering from a COVID (Spending) Fever
March 15, 2023
When the state of Illinois’ 2022 fiscal year ended on June 30, 2022, the state and the nation had endured more than 27 months of
Category: Fiscal and Economic Policy
Assessing Illinois’ Fiscal Future After an Influx of Federal Funds
March 15, 2023
As the U.S. continues to cope with the COVID-19 pandemic and its aftermath, state governments are faced with the challenge of prudent fiscal management considering
February U of I Flash Index increased slightly
March 1, 2023
Urbana – The U of I Flash Index for February 2023 increased to 103.4 from the 103.1 level in January, fueled by strong Illinois state revenues. The Illinois economy
January U of I Flash Index continued to decline slowly
February 1, 2023
Urbana – The U of I Flash Index for January 2023 continued to decline slowly, falling to 103.1 from the 103.3 level in December 2022.
Replenish, Replace, Repair: How Illinois is Using its ARPA Aid
January 25, 2023
In the early months of the COVID-19 pandemic, governments across the United States found themselves grappling with a public health crisis while simultaneously experiencing sharp
December U of I Flash Index declined slightly
January 4, 2023
Urbana – After a one-month reprieve, the U of I Flash Index for December continued its slow decline that began in May, falling to 103.3
November U of I Flash Index remained steady at 103.7 after seven months of decline.
December 1, 2022
Urbana – After seven months of decline, The U of I Flash Index for November remained steady at 103.7 compared to October’s reading. “This is
October U of I Flash Index declined for the seventh straight month
November 1, 2022
Urbana – The U of I Flash Index for October fell again to 103.7 compared to the 104.1 reading in September. This marks the seventh
Why does Illinois’ Unemployment Insurance Trust Fund have a large deficit?
August 18, 2022
The economic disruption brought about by Covid and stay-at-home orders led to an unprecedented rise in unemployment and extreme fiscal stress on states’ unemployment insurance
