1. State Budgets Under Stress Larry DeBoer Purdue University September 20, 2011 Purdue Cooperative Extension Service

2. Real GDP Growth

3. Unemployment Rate

4. Payroll Employment

5. Index of Consumer Sentiment 57.8 Sept ‘11

6. Real House Price Index

7. Residential Building Permits

8. Auto and Light Truck Sales (annual basis)

9. Real Federal Government Purchases

10. Federal Funds Interest Rates

11. Corporate Bond Interest Rates, AAA and BAA BAA AAA

12. CPI Inflation, All Items and Core Core (less food and energy) All Items

13. Crude Oil Price, Nominal and Real Real Nominal

14. Source: World Bank

20. Michigan Ohio Indiana Wisconsin Pennsylvania Illinois

23. Manufacturing Employment, Indiana

27. Source: NASBO, Fiscal Survey of the States

32. State and Local Purchases, Percent Change from Previous Year, Adjusted for Inflation

33. State Government Employment

34. Local Government Employment: Education

35. Local Government Employment: Non-Education

36. State Budgets Under Stress Larry DeBoer Purdue University September 20, 2011 Purdue Cooperative Extension Service