Citing the “fragile aftermath of the Great Recession.” the Executive Director of the the state Economic and Revenue Forecast Council delivered some bad news today: the revenue forecast is now $1.8 billion less than it was when the 2011-13 was written just months ago. And, Dr. Arun Raha continued, it doesn’t look like things will turn around any time soon.
Read more over on our HDC blog, The Advance.