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Monthly Updates

In order to promote the free flow of information the agency distributes a monthly Economic and Revenue Update.

The staff of the Economic and Revenue Forecast Council prepares a publication to update the members of the Council and the Work Group on current conditions.

RCW 82.33.040 requires the agency to provide revenue collection information the first business day following the conclusion of each collection period (currently 10th of each month, however this will be changing in the fall of 2017).

This page will include these monthly reports for the current forecast period. The forecast is revised each quarter.

Highlights bar

  • Major General Fund-State revenue collections for the March 11 - April 10, 2017 collection period came in $7.9 million (0.6%) below the March forecast.

  • Revenue Act receipts were $12.9 million (1.2%) lower than forecasted and all other receipts were $5.0 million (3.0%) higher than forecasted.

  • U.S. labor markets added only 98,000 net new jobs in March, although data issues may account for the lower-than-expected increase.

  • Seattle area consumer price inflation is above the national average due to higher shelter cost inflation.




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