Recreation Industry News

Research Shows Contracting Fiscal Growth in U.S. Cities

New National League of Cities (NLC) research indicates a potential slowdown in the municipal finance sector as city fiscal growth contracts for the second consecutive year. Several major findings from the report, City Fiscal Conditions 2017, signal a trend that was last seen in 2006 before the Great Recession, including waning confidence of city finance officers, slowing local revenues and insufficient post-recession revenue recovery.

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