11 States Most Unprepared for the Next Recession

Most state budgets are in better shape now than they were before the last recession, thanks to steady growth in employment and the resulting rise in tax revenue. Many states have been socking away cash in rainy-day funds for the next recession, and about half of all states have enough on hand to tide them over in a typical downturn, such as the 2001 tech bust.

But many states will struggle when things go south for the economy, even in a moderate recession, which will surely happen eventually. The most