March 22, 2023
March Revenue Forecast Projections Revised Downward for Upcoming Biennium
The Washington State Economic and Revenue Forecast Council (ERFC) released its March revenue forecast on Monday, March 20, 2023. In November, we highlighted revenue projections for the 2023-25 biennium and summarized experts’ cautions regarding slowing economic growth. These concerns were associated with rising inflation and interest rates, in addition to geopolitical factors including the war…
November 22, 2022
November Revenue Forecast Reports Increased Projections for the Current and Upcoming Biennia, While Economic Growth Continues to Slow
The Economic and Revenue Forecast Council (ERFC) released its November revenue forecast on Friday, November 18, 2022. In September’s forecast, we highlighted revenue projections for the 2023-25 biennium and summarized experts’ cautions towards slowing economic growth. This was associated with rising inflation and interest rates, in addition to geopolitical factors including ongoing supply chain disruptions….
September 29, 2022
September Revenue Forecast reduces projections for the 2023-25 Biennium, as growth slows more than anticipated
Overview The Economic and Revenue Forecast Council (ERFC) released its September revenue forecast on September 21, 2022. We noted in our previous blog post that the June forecast showed continued economic growth, but warned growth was slowing in the face of rising inflation and interest rates, as well as continued supply chain disruptions and other economic challenges….
June 28, 2022
June Revenue Forecast Increased by $1.5 billion for the Current Biennium, but Cautions that Growth is Slowing
Overview The Economic and Revenue Forecast Council (ERFC) released its June revenue forecast on June 22, 2022. We noted in our previous blog post that the February revenue forecast showed continued economic growth, despite several challenges posed by emerging COVID-19 variants, supply chain disruptions, and rising inflation. COVID-19 case rates in Washington have since declined and remained…
May 6, 2022
UW Recognized in Princeton Review’s Best Value College Rankings
The Princeton Review released The Best Value Colleges rankings this month and the University of Washington Seattle continues to be recognized as one of the best colleges in the U.S. The Best Value College rankings considered schools with demonstrated excellence in areas such as academics, financial aid, career prospects, and student experience. In compiling The…
February 17, 2022
February Revenue Forecast Reflects Sustained Growth as Legislature Finalizes their Supplemental Budget Proposals
The Economic and Revenue Forecast Council (ERFC) released its February revenue forecast on February 16, 2022. We noted in our previous blog post that the November revenue forecast showed continued economic growth, despite rising COVID-19 cases, supply chain disruptions, and rising inflation. In Washington state, the COVID-19 case rates are now steadily declining from the recent surge…
February 3, 2022
UW Fast Facts 2022 – Now Available!
An updated version of UW Fast Facts is now available. You can find it on the UW Fast Facts page and in the Quick Links bar on the right. The page also includes links to an html-only version of Fast Facts, as well as tagged PDFs. A special thank you to OPB’s Institutional Data &…
December 1, 2021
November Revenue Forecast Shows “Stronger than Expected” Revenue Collections Despite Continued Challenges
Overview The Economic and Revenue Forecast Council (ERFC) released its November revenue forecast on November 19. We noted in our previous blog post that the September revenue forecast showed continued economic growth in the face of rising COVID-19 cases and hospitalizations. In Washington state, the COVID-19 case rate is down from the recent peak in…
September 29, 2021
September Revenue Forecast Shows Overall Continued Economic Growth
Overview The Economic and Revenue Forecast Council (ERFC) released their September revenue forecast on September 24. The last revenue forecast, released in June, showed promising signs of a full economic recovery. At that time, the number of COVID-19 cases in Washington state was declining. However, as noted in our previous blog post, risks remained and…
June 24, 2021
June Revenue Forecast Shows Strong and Growing State Economy
Overview The June revenue forecast again builds on the promising economic recovery we have seen in recent months. As a reminder, the June 2020 Revenue Forecast, released by the Economic and Revenue Forecast Council (ERFC), forecasted a precipitous economic decline as a result of the full shutdown in spring and early summer. While the September Revenue Forecast…