May 01, 2017

Conning 2Q 2017 State of the States Report

KEY FINDINGS

• State credit quality in general continues to decline
• State tax revenue growth is sluggish
• High legacy costs, low oil prices and slow economic growth continue to entangle many states
• Strong economic performance underpins the rankings for our top states: Utah, Florida, Washington, Nevada and Idaho
• Among our lower-ranked states, Illinois is an outlier

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