U.S. Census Bureau Daily Feature for November 8
WASHINGTON, Nov. 8, 2013 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
THE PUBLIC FISC
Profile America — Friday, November 8th. The fluctuations of the nation's general economic situation have not greatly troubled the revenue ledgers of state and local governments. In the year between 2010 and 2011, state and local governments brought in nearly $3.4 trillion in revenue — that's an annual increase of 8.4 percent. In terms of expenditures, spending at the state and local levels increased 1.5 percent, to $3.2 trillion. Education and public welfare together comprised almost 43 percent of that total, and education alone accounted for over a quarter of all such spending. The outstanding debt of state and local governments amounted to $2.9 trillion in 2011. You can find more facts about America's people, places and economy from the American Community Survey at www.census.gov.
Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
SOURCE U.S. Census Bureau