Go offline with the Player FM app!
Oregon’s budget deficit shrank, but state lacks crucial federal data in latest economic forecast
Manage episode 520427006 series 3541037
Since late August, Oregon has been facing a $373 million budget deficit. But now, the state’s latest economic forecast shows Oregon may only be about $63 million in the hole. A brightening picture for the nation’s economy and some higher-than-expected corporate tax revenues for the state helped close the gap. But that doesn’t tell us much about the health of Oregon’s economy, as the recent government shutdown hampered the collection and release of important economic data. Oregon state economist Carl Riccadonna joins us to make sense of the latest forecast.
1601 episodes
Manage episode 520427006 series 3541037
Since late August, Oregon has been facing a $373 million budget deficit. But now, the state’s latest economic forecast shows Oregon may only be about $63 million in the hole. A brightening picture for the nation’s economy and some higher-than-expected corporate tax revenues for the state helped close the gap. But that doesn’t tell us much about the health of Oregon’s economy, as the recent government shutdown hampered the collection and release of important economic data. Oregon state economist Carl Riccadonna joins us to make sense of the latest forecast.
1601 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.