The monthly economic and revenue update is out, and Washington's top revenue forecaster Arun Raha says state government took in $18.3 million more in the previous 30-day period than he forecasted in September.
Or as he colorfully put it: "The economy is off life support but it’s still in intensive care."
Go here to see the full 10-page report. It points out that cumulative tax receipts for the state general fund are up just $20.8 million since the September forecast with more than half of it coming from early payments of property taxes.
That means the report's tone or outlook is still less than sporty.
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In a nutshell it appears economic growth is continuing and job growth is starting to happen, and home sales and housing starts have "stabilized." And revenue collections are up year-over-year.
The next full revenue forecast comes at 10 a.m. next Thursday, Nov. 18, in Olympia.