This paper estimates the amount of fiscal stress likely to be applied to state budgets under different recession scenarios and comparing that stress to the amount of money states have set aside in reserve. This year's exercise also expands the scope of stress-testing by including a look at how economic stress translates to public pensions.
In this webinar, we assess the implications of the imminent change, with a focus on who benefits most and who is likely to be hurt. The discussion entails a look at both the national effects and the regional implications.
In this webinar replay, Mark Zandi and the Moody's Analytics team examine the economic impact on the national and regional economy.