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.
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.