King County Economic Forecast

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The Office of Economic and Financial Analysis

The Office of Economic and Financial Analysis (OEFA) produces objective and reliable economic and revenue forecasts, so King County’s decision-makers have a cogent view of the economic context as they prepare the budget. OEFA, an independent agency within King County, is not attached to the Executive Office or County Council, which enables the creation of unbiased forecasts by professional economists.  These forecasts are presented tri-annually to the King County Forecast Council and underpin the County Executive’s initial budget planning, the proposed budget, the budget adopted by the Council, and any subsequent budget modifications.

OEFA provides a new King County revenue forecast each March, July, and August. Additionally, it produces quarterly economic forecasts at the end of February, May, August, and November, accompanied by an EconPulse report that highlights key economic updates and the most recent forecasts. These forecasts are available on our website. Listed below are the 2024 dates for the King County Forecast Council meetings. For further details on accessing upcoming KC Forecast Council meetings, please contact OEFA via email at lmartinmahar@kingcounty.gov.

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2024 King County Forecast Council Schedule

March 15, 2024 - March Revenue Forecast Update
July 22, 2024 - July Revenue Forecast Update
August 28, 2024  - August Revenue Forecast Update