Insights

Solid Growth of Investment Assets in 2025 Helped Support State and Local Government Budgets

State and local government investment assets grew at a strong pace in 2025, extending a trend that goes back to the pre-covid era.  Data released by the Federal Reserve last month showed investment assets ended last year at $4.05 trillion, up from $3.8 trillion in 2024. The five percent growth rate was ahead of the […]
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