PHOENIX — Public and private economists weigh in on the state of Arizona’s
economy Thursday as legislative budget analysts evaluate Arizona’s fiscal
The economists serve on the Finance Advisory Committee. That group provides
input to the Joint Legislative Budget Committee staff.
The budget staff uses analysis by the economists as one element in preparing a
state revenue forecast that largely hinges on economic projections. Their
projection released earlier this week was slightly less rosy than one given last
week by Gov. Jan Brewer’s top budget official.
A revenue forecast is a key element in writing a new state budget and one of
the top duties facing legislators when they begin starts their six-month session