Author

Justin Theal

Justin Theal

Justin Theal is an officer with Pew’s state fiscal health project. He manages research on key fiscal trends —i ncluding revenue, spending, and reserves — featured in Pew’s Fiscal 50 online resource. Theal, who has been with Pew since 2013, previously led efforts to illuminate how federal spending and tax policy choices affect states. Before joining Pew, Theal conducted research at Taxpayers for Common Sense. He holds a bachelor’s degree in international affairs from Arcadia University and a master’s in public management and finance from the University of Maryland.

Elevated inflation raises risk of fiscal stress for states

By: and - January 18, 2023

State governments face increased costs and potential budget challenges linked to historically high inflation rates. From price spikes for construction materials to labor, the rising costs of goods and services are disrupting state finances on both sides of the ledger. Every state has experienced higher costs, but prices in some states have risen more than […]