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Forecast

Windmills and a rainbow

Latest Outlook

  • Risks to the baseline include the potential for slower Chinese and Japanese economic growth, possible disruptions to the housing recovery and turmoil in the Middle East and Eastern Europe

Four times each year, three state economic and revenue forecasts must be prepared; an official forecast, an unofficial forecast based on optimistic economic and revenue projections, and an unofficial forecast based on pessimistic economic and revenue projections.