Home >Programs > Economics & Demographics > Economic Forecasts
Macroeconomic Forecasts
Consensus Economic Forecasting Commission:
The State Planning Office provides staff support for the Consensus Economic Forecasting Commission (CEFC), an independent group of economists who forecast Maine's economy. The CEFC meets twice a year to update its economic forecast, which is used in establishing the revenue forecast for the State. The Commission forecasts three key indicators: wage and salary employment, personal income (by component), and the Consumer Price Index.
Current:
Previous:
Consensus Economic Forecasting Commission Background Materials:
Prior to each Consensus Economic Forecasting Commission (CEFC) meeting, the State Planning Office, which staffs the Commission, assembles a set of background materials. These materials summarize the current economic environment and any recent developments since the Commission's past meeting. Special attention is paid to indicators of general economic activity as well as indicators for employment, personal income, and inflation (the Consumer Price Index), which are forecast by the Commission. Additional background may include updates on home prices and sales, heating and crude oil, and other topics of interest.
Current:
Previous:
Special Data Gathering Session on September 29, 2011
On September 29, 2011, leaders of several business and industry groups assembled at the State House to share economic data and industry-specific information with the Consensus Economic Forecasting Commission (CEFC). The data provides background to help inform the commission’s forecasting process. The summary of that meeting is available here (PDF).
Government Revenue:
Revenue Forecasting Committee
State Government Revenue by Source
|
