Revenue Forecast

Nov
16
State Economists Project Mild Recession in Baseline Forecast

State Economists Project Mild Recession in Baseline Forecast

“The sharp rise in interest rates is akin to taking one’s foot off the gas and slamming on the brakes,” said the economists with Oregon’s Office of Economic Analysis.
3 min read
Aug
31
Oregon Economists: Odds of a Recession are a 'Coin Flip'

Oregon Economists: Odds of a Recession are a 'Coin Flip'

Oregon is not in a recession today, but the Office of Economic Analysis says they are on recession watch
3 min read
May
18
Oregon Revenues Outpace Projections by $4 Billion

Oregon Revenues Outpace Projections by $4 Billion

While the mere mention of a recession sounds bad, the scenario outlined by economists is much milder than the doomsday predictions that surfaced at the beginning of the pandemic.
2 min read
Feb
09
Revenue Forecast: ‘Wow… That is a lot of money’

Revenue Forecast: ‘Wow… That is a lot of money’

Although often overlooked, Oregon’s corporate sector is becoming a significant contributor to the state’s strong fiscal position.
2 min read
Nov
17
Oregon’s Revenue Boom Sees Boost From Inflation’s Shadow

Oregon’s Revenue Boom Sees Boost From Inflation’s Shadow

Despite severe supply constraints, Oregon’s economy continues to run on all cylinders.
3 min read
Aug
25
Oregon Experiencing Strong Economic Growth, Blockbuster Tax Collections

Oregon Experiencing Strong Economic Growth, Blockbuster Tax Collections

The economists told a joint meeting of the legislature’s revenue committees that every source of revenue is booming and showing no signs of slowing down in the near term.
2 min read
May
21
State Economists Suggest "Stunning" Economic & Revenue Growth from Pandemic's Easing

State Economists Suggest "Stunning" Economic & Revenue Growth from Pandemic's Easing

In a dramatic rally from only a year ago, the economists said tax collections should exceed their pre-pandemic levels by more than $2 billion.
2 min read
Nov
18
Oregon Economists Report Stable Revenues in Updated Forecast

Oregon Economists Report Stable Revenues in Updated Forecast

Although forecasted revenues remain below their pre-pandemic amounts, the increase represents stability in the overall revenue outlook.
2 min read
Sep
25
Oregon Lawmakers Convene for Virtual “Legislative Days”

Oregon Lawmakers Convene for Virtual “Legislative Days”

The interim hearings were heavy on substance and relatively light on political pomp.
3 min read
May
20
State Economists Forecast $2.7 Billion Budget Shortfall

State Economists Forecast $2.7 Billion Budget Shortfall

The economists described the outlook as a “sea change” compared to recent forecasts, which predicted a slackening in economic activity but continued growth.
3 min read