As Americans hunker down at home, staying out of restaurants, arenas, convention centers and neighborhood shops, they are dragging down revenue on which state and local governments depend. The effects will be manifold around the U.S: While Oklahoma will feel the pain of revenue lost from low oil prices, the collapsing tourism sector will hammer states such as Florida and Nevada, analysts said.
Budget officials said they have little sense of how deep the hole might get.
Read more: WSJ.
