You may have seen the forecast of Minnesota’s economy and budget in the news, but do you really understand what it means for the state? The headlines cover the basics: whether the economy is growing fast or slow, whether the budget outlook has worsened or improved, and what the reactions and priorities of politicians are when reviewing a forecast or budget. This webinar will go beyond the headlines.
State Economist Laura Kalambokidis will explain how Minnesota’s forecasts are developed and how they impact state budgets. For example, the November 2017 forecast will outline changes in projected spending and revenues. It will also be the starting point for negotiations between the governor and legislature about the state’s two-year financial plan.
Kalambokidis also will discuss what drives the state’s economy, how the labor market is evolving, and how global economic events affect Minnesota businesses. In addition, she’ll evaluate how changing economic conditions impact the tax revenue collected by the state.
Be ready to share your own ideas about Minnesota’s economy, taxes, and spending priorities!
LearningLife webinars embrace Socrates’s belief in inquiry and exchange. Webinars include both lecture and critical discussion.
Offered in Cooperation with the University of Minnesota Alumni Association.
Laura Kalambokidis, PhD, University of Michigan; BS, University of Minnesota, is a Professor of Applied Economics at the University. As Minnesota’s State Economist, she is responsible for producing and presenting the state’s revenue and economic forecasts. Kalambokidis was formerly a financial economist in the Office of Tax Analysis in the US Department of Treasury.
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