According to state economists during a presentation today to the legislature’s revenue committees, Oregon is not in a recession today, but they are on recession watch. Although businesses and households…
Tag: Revenue Forecast
Oregon Revenues Outpace Projections by $4 Billion
Today, Oregon lawmakers once again received news that government revenues are continuing to boom, adding nearly $4 billion in total resources since the end of the last long session in…
Revenue Forecast: ‘Wow… That is a lot of money’
This morning, Oregon lawmakers received an updated economic and revenue forecast from state economists, marking the only update they will receive as they work to rebalance the state budget during…
Oregon’s Revenue Boom Sees Boost From Inflation’s Shadow
On Wednesday, Oregon’s Office of Economic Analysis presented the latest economic and revenue forecast to the legislature’s tax-writing committees, the last update lawmakers will receive before the five-week “short” session, beginning…
Oregon Experiencing Strong Economic Growth, Blockbuster Tax Collections
Oregon’s economists foresee continued strengthening of the state’s economy, despite the most virulent wave of COVID-19 infections to date, according to a new economic and revenue forecast presented by Oregon’s Office of…
State Economists Suggest "Stunning" Economic & Revenue Growth from Pandemic's Easing
Oregon lawmakers received welcomed news this week as the state economists revised their revenue forecast upward—significantly upward. In a dramatic rally from only a year ago, the economists informed a joint meeting…