Counting on the Future: New Hampshire's State Revenue Estimates
Date: May 13th, 2011
This report presents a further examination of New Hampshire state revenues, from several angles. First, we ask what past recessions might tell us about our current revenue situation as we emerge from the current economic downturn. Second, we discuss the Center’s short term forecasting model, which relies on actual revenue performance in the current budget year, and present a longer term (two year) revenue forecasting model. Finally, we look at the methods used by other states to forecast tax revenues, as a way of suggesting other ways New Hampshire might approach this task in the future.