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The latest state revenue forecast predicts a mild recession over the next several months, but also finds the state financially positioned to weather the economic slowdown.

What To Expect

Inflation and a worker shortage add up to a mild recession, according to the report. However, taxpayers should still expect a $3.7 billion kicker. The projected corporate kicker is $1.1 billion which will be retained for educational spending.

Oregon Gov. Kate Brown issued the following statement concerning the state’s November revenue forecast issued Wednesday, Nov. 16:

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