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Latest posts tagged with #EconomicForecasting on Bluesky

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Posts tagged #EconomicForecasting

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County told mineral valuations and production are down; commissioners warned to expect budget pressure A preliminary mineral valuation report showed lower 2025 production and price projections, prompting county staff to warn of a substantial reduction in mineral-derived revenue and urge budget planning ahead of final appraisals in May.

Scurry County faces tough budget decisions as preliminary mineral valuations reveal declining production and plummeting prices ahead.

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#ScurryCounty #TX #BudgetPlanning #CitizenPortal #EconomicForecasting #MineralRevenues

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Kalshi challenges Utah over event contracts lawsuit Kalshi argues federal regulators alone can oversee derivatives trading as Utah signals crackdown on prediction market contracts.

Kalshi files lawsuit against Utah officials over threat to prediction markets #Technology #Business #Other #PredictionMarkets #LegalIssues #EconomicForecasting

readwrite.com/kalshi-files-lawsuit-aga...

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Chesterfield County budget office previews cautious FY27 forecast, flags early economic signals County budget staff outlined a conservative FY27 approach after reassessment gains, citing slowing construction activity, softening labor indicators and market signals. Schools’ proposed budget includes an average 5% teacher-pay increase and staff cited a $15 million state funding estimate.

Chesterfield County's budget office is taking a cautious approach for FY27, balancing recent revenue gains with concerning economic indicators that could impact future forecasts.

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#ChesterfieldCounty #VA #BudgetTransparency #EconomicForecasting #EducationFunding #CitizenPortal

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Comptroller tells Budget and Taxation Committee revenues roughly on track but forecasting risks remain At a briefing to the Budget and Taxation Committee, the comptroller reported more than $36 billion collected last fiscal year and a modest upward revision to the December revenue forecast, while warning of forecasting uncertainty from federal actions, tax-law changes and capital‑gains timing.

Maryland's Comptroller reveals over $36 billion in revenue but cautions that uncertainty looms over future forecasts due to federal actions and tax changes.

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#MD #EconomicForecasting #DataAnalytics #FiscalTransparency #MarylandTaxation #CitizenPortal

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Committee warned provider‑tax changes will hit general fund; staff to track effects During the Jan. 16 briefing, committee members and Tom Cravat said recent changes to a health‑care provider tax are expected to flow through to the general fund; a committee speaker cited $17–18 million annually and an approximate $85–87 million five‑year impact.

Major changes to a health-care provider tax could cost Vermont's general fund up to $85 million over five years, raising alarms among committee members.

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#VT #EconomicForecasting #GovernmentTransparency #VermontHealthcare #CitizenPortal #HealthcareFunding

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Gece ışıkları, kira ve enflasyona dair erken uyarı verebilir mi? 15 şehirde güçlü korelasyonlar ve çarpıcı veriler ortaya çıktı. - #urbananalytics #lightdataeconomy #turkeyrealestate #economicforecasting #bigdatainsights

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State revenue estimate shows slight growth in 2026, small dip projected for 2027; officials warn reserves will shrink The state consensus revenue estimating group reported a $10.22 billion receipt estimate for fiscal 2026 and a $10.133 billion initial estimate for fiscal 2027, and officials cautioned that receipts trail projected expenditures by hundreds of millions annually, drawing down the ending balance in out years.

Kansas' revenue forecast shows a modest growth for 2026, but a concerning dip is on the horizon for 2027, raising alarms about dwindling state reserves.

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#KS #BudgetPlanning #CitizenPortal #KansasRevenue #EconomicForecasting #FiscalResponsibility

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Kirkland staff warn of smaller surpluses, project $9.5M ongoing gap for 2027–28; propose mid‑biennium service packages Finance staff presented the 2025–26 mid‑biennial update showing revenues flattening compared with recent years, personnel savings helping near term positions, and a forecasted $9.5 million ongoing deficit in the 2027–28 biennium. Staff proposed a series of one‑time and ongoing service packages and CIP adjustments and recommended conservative fiscal

Kirkland's latest financial forecast reveals a projected $9.5 million gap for 2027-28, raising concerns as revenues flatten and critical service packages are proposed.

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#KirklandKingCounty #WA #BudgetTransparency #CitizenPortal #EconomicForecasting #PublicInvestment

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Forecast council concurs with October 2025 baseline revenue forecast; staff warn of elevated uncertainty Seattles Economic and Revenue Forecast Council on Oct. 20 recorded its concurrence with the Office of Economic and Revenue Forecastsrecommendation to adopt the October 2025 baseline revenue forecast. Staff highlighted weak regional job growth, sales tax softness, payroll-tax volatility and policy changes that increase uncertainty ahead of the 202

Seattle's Economic and Revenue Forecast Council has officially adopted a cautious revenue forecast as economic uncertainties loom, raising questions about the city's 2026 budget.

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#SeattleKingCounty #WA #CitizenPortal #EconomicForecasting #JobMarketTrends #SeattleEconomy

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BasisPointInsight.com - The Paradox of Prediction: Why We Can't Stop Forecasting What We Can't Know by Babuji K Making economic forecasts is inherently uncertain, as unforeseen variables can influence outcomes. Preparing for multiple scenarios can help mitigate the risks of unpredictability. by Babuji K, Basis...

3/3 Read Babuji K’s BasisPoint Briefing:
The Paradox of Prediction: Why We Can't Stop Forecasting What We Can't Know

#EconomicForecasting #BehavioralFinance #RiskManagement #DecisionMaking

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County Budget Team Updates Revenue Projections Amid Rising Economic Challenges County officials strengthen budget calculations to align with state economic indicators.

Thurston County's financial future hinges on a bold new strategy using state economic data to tackle budgetary challenges head-on.

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#ThurstonCounty #WA #CitizenPortal #RevenueManagement #EconomicForecasting #FiscalResponsibility #ThurstonCountyBudget

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City forecasts $480K revenue shortfall for FY '25 due to hotel tax changes City projects $480K revenue shortfall for FY '25 stemming from lower hotel tax income.

Georgetown is facing a staggering $480,000 revenue shortfall for FY '25, raising urgent questions about its financial future amid disappointing hotel tax income.

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#GeorgetownWilliamsonCounty #TX #CityBudgeting #GeorgetownFinance #EconomicForecasting #TourismImpact #LocalGovAI

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This is one of my first hands-on projects using machine learning for economic forecasting, so I’m especially keen to hear feedback and suggestions for improvement from those with more experience in this area.

#MachineLearning #EconomicForecasting #PublicPolicy #DataScience #ScottishFiscalCommission

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City Assessor McKeith forecasts 6% property tax increase amid market uncertainty City Assessor Richard McKeith presents a 6% forecast for taxable property assessments.

Richmond's City Assessor forecasts a 6% increase in property taxes, but will the market hold steady amid rising interest rates and inflation?

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#VA #RealEstateTrends #CitizenPortal #EconomicForecasting #FinancialResponsibility #RichmondBudget

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2/13 Released Tuesday, the platform takes the extraordinary step of counting economic growth from as-yet-unimplemented policies as guaranteed revenue—something neither the Liberal platform nor previous Conservative platforms have done due to fiscal prudence.
#FiscalPolicy #EconomicForecasting

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State forecasts $900M in petroleum taxes for fiscal year 2025 Forecast projects nearly $900 million in petroleum taxes for upcoming fiscal year.

Alaska's Senate Finance Committee reveals a staggering $900 million forecast in petroleum taxes for 2025, raising questions about the state's economic future!

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#AK #EconomicForecasting #AlaskaPetroleum #RevenueGeneration #CitizenPortal #SustainableDevelopment

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Forecast adjustments highlight rising diesel consumption and construction expenditures Analysts report diesel consumption increases partially due to post-hurricane cleanup efforts.

Florida's diesel consumption is on the rise, fueled by post-Hurricane Milton cleanup efforts and a booming construction sector!

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#FL #InfrastructureDevelopment #EconomicForecasting #CitizenPortal #DisasterRecovery

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Latest GDPNow forecast: -2.8% GDP growth for Q1 2025, down from -1.5% on February 28
https://www.atlantafed.org/cqer/research/gdpnow
#economicforecasting #gdpanalysis #federalreserve #economicdata #statisticalmodeling

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Florida forecasts increase in aviation fuel refunds despite airline layoffs uncertainty Forecasts predict higher aviation fuel refunds amid discussions on airline layoffs impact.

Florida's transportation funding may face turbulence as forecasts for aviation fuel refunds rise amid concerns of airline layoffs and declining rental car revenues.

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#FL #AviationRevenue #TransportationInfrastructure #EconomicForecasting #CitizenPortal

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Economists warn of New York's economic risks amid federal budget cuts and inflation concerns Experts caution about New York's economy facing heightened risks and budget challenges ahead.

New York's economy is teetering on the edge as experts warn of unprecedented risks from federal budget cuts and soaring inflation.

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#NY #InflationChallenges #EconomicForecasting #FederalPolicyImpact #NewYorkEconomy #CitizenPortal

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Yesterday we published our detailed, independent analysis of @NYCBudget #PrelimBudget. Read the 3 documents below:

📌A Budget Chartbook: bit.ly/4hW00No
📌A report on #EconomicForecasting: bit.ly/4kgQ3f0
📌 Breakdown of #CitySpending: bit.ly/3QAEdyC

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📌A detailed report on our #EconomicForecasting at both the National and Local level: bit.ly/4kgQ3f0
📌A detailed Breakdown of #CitySpending: bit.ly/3QAEdyC

At this point of time, IBO is compelled to highlight the potential impact of federal actions.

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Alaska Department of Revenue unveils fall 2024 revenue forecast amid oil price adjustments Alaska's Department of Revenue presents fall 2024 revenue forecast, highlighting key economic assumptions and changes.

Alaska's financial future hangs in the balance as new revenue forecasts reveal a slight increase but troubling oil price adjustments—what does this mean for the state's economy?

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#AK #AlaskaFinance #TourismImpact #EconomicForecasting #CitizenPortal #OilPriceVolatility

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4/ My two cents:

1️⃣ #EconomicForecasting is challenging.

2️⃣ Forecast evaluation is crucial for identifying areas for improvement.

3️⃣ Model-consistent forecasts of the policy path are preferable to inconsistent assumptions based on market expectations.

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BofA’s Expectations for Next Week’s US July Inflation Print Explore Bank of America’s insights on the upcoming July inflation report. Understand its potential effects on monetary policy and economic growth in the U.S.

#BankofAmerica #EconomicForecasting #Inflation #MarketAnalysis #USEconomy
🚨BofA's Expectations for Next Week's US July Inflation Print🚨
What are the prospects for the upcoming July inflation report in the United States, particularly as anticipated by Bank of America?

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