Oct. 26 (Bloomberg) -- U.S. state tax collections rose 6.8 percent in July and August compared with the same period in 2010, according to preliminary third-quarter data released by the Nelson A. Rockefeller Institute of Government.
The Albany, New York-based institute also said state tax revenue grew by 10.8 percent in the second quarter, marking the sixth-straight quarter of growth. For the fiscal year ended June 30, which 46 states use, tax revenue rose by 8.4 percent, the biggest annual gain since 2005, the institute said.
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