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Tuesday, February 3, 2009

Given the continued slide in revenue collections and the announcements of major layoffs, the upcoming revenue forecast is expected to further widen the deficit. The official forecast isn't scheduled until March 19, but policymakers, advocates, and journalists are understandably anxious to see the numbers earlier.

The Economic and Revenue Forecast Council announced today that they will be providing a preliminary forecast at 4:30pm on February 19th. So mark your calendars and bookmark the TV-W website.

The ERFC is careful to emphasize the word "preliminary." The official March forecast may be quite different.

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