MMB provides revenue and expenditure forecasts twice a year.  The November forecast is used to set the starting point for the budget, and is the basis for the Governor’s recommendations.  The February forecast incorporates additional data and is used by the Legislature and the Governor to set the enacted budget.  See the forecast links for an extended discussion of Minnesota’s economy and projections of future revenue and spending obligations.

For your reference, below are some key indicators that we monitor in order to assess the state economy.

In between forecasts, MMB provides quarterly reports on the economy.  The Economic Update is published in January, April, July, and October.