Washington - Budget & Finance
State Tax Revenues Show Slow Growth in 3Q
Thursday, December 13, 2012
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State tax revenues rose in the third quarter, the eleventh straight quarter of growth following five quarters of declines stemming from the Great Recession, the Rockefeller Institute reported Thursday.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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