Don't hold your breath: the recession may be over, but states will continue to face high unemployment and lower revenues well into the next decade.

State LegislaturesVol. 36 Nbr. 2, February 2010

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Don't hold your breath: the recession may be over, but states will continue to face high unemployment and lower revenues well into the next decade.

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The good news is that state economic forecasts over the past two years have been consistent.

The bad news is they've been consistently bad.

That pattern persists in the new year as lawmakers take stock of what happened in FY 2010 and look at how FY 2011 budgets are shaping up. Even as the stock market continues to rise and the 2009 third quarter...

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