Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Analysts flag data gaps and corporate refund volatility as key risks to state forecast
Summary
Cravat and committee members flagged national data gaps (missing CPI components) and concentrated corporate refunds as the principal risks to Vermont’s otherwise stable revenue outlook, and said the office will dig further into refund patterns and alternative measures.
At the Jan. 16 briefing, Tom Cravat highlighted two areas that could change the current near‑stable forecast: gaps in national statistical series and concentrated corporate refund activity.
On national data, Cravat said recent discontinuities and delays in federal series — notably the CPI shelter component — make some public measures less reliable…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
