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Many states have learned lessons from the Great Recession of 2007-09 and are better prepared for the next economic downturn, according to findings by the National Association of State Budget Officers (NASBO) and other analysts.
Wyoming has the largest estimated fiscal year 2019 rainy-day fund balance as a percentage of total state expenditures, at 109 percent, according to the National Association of State Budget Officers’ Spring 2019 Fiscal Survey of States . California...