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Washington Research Council senior analyst Emily Makings assesses the state budget outlook following this week's good news revenue forecast. Makings writes, ...the revenue estimate is still well below…Read more
More than 19,000 new initial regular unemployment claims were filed with the state Employment Security Department last week. During the week of September 13 through September 19, there were 19,574 in…Read more
The weekly unemployment report shows a nation still struggling with the COVID-19 recession. The Department of Labor reports 860,000 new initial claims filed last week. In the week ending September 19,…Read more
Improved revenue forecast makes state budget challenge more manageable, but problems remain. How would you advise lawmakers?September 24, 2020
Yesterday's official state revenue forecast added $2 billion to anticipated tax collections for the current biennium, effectively halving the shortfall projected last June. The Seattle Times today rep…Read more
Today's official revenue forecast increases projections for the 2019-2021 biennium by $2.1 billion and $2.2 billion for 2021-2023. That effectively adds back nearly half of the $8.8 billion reduction…Read more
The Washington Research Council reports that the latest federal data show state and local taxes here have risen faster than they have in other states. The U.S. Census Bureau has released state and loc…Read more