{"id":167062,"date":"2019-03-12T14:27:39","date_gmt":"2019-03-12T19:27:39","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=167062"},"modified":"2019-03-12T14:27:39","modified_gmt":"2019-03-12T19:27:39","slug":"consultant-differs-in-state-revenue-forecast","status":"publish","type":"post","link":"https:\/\/csinewsnow.com\/?p=167062","title":{"rendered":"Consultant differs in state revenue forecast"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-92545\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/01\/calculator-300x202.jpg\" alt=\"\" width=\"300\" height=\"202\" srcset=\"https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/01\/calculator-300x202.jpg 300w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/01\/calculator-259x175.jpg 259w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/01\/calculator.jpg 445w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>BISMARCK, N.D. (AP) \u2014 An economic consultancy hired by the North Dakota Legislature predicts slightly higher oil prices but lower production over the next two-year budget cycle than a state forecast.The forecast presented Tuesday by IHS Markit to lawmakers estimated general fund revenues from major tax collection categories at $2.9 billion. That\u2019s down 7.5 percent from revenue forecast presented Monday by state budget analysts and Moody\u2019s Analytics.<\/p>\n<p>The Legislature\u2019s consultancy predicted oil production to slip from the current 1.4 million barrels daily to 1.3 million barrels at the end of the budget cycle. The forecast presented Monday expects production to rise by about 400,000 barrels over the budget period.<\/p>\n<p>Lawmakers will consider both forecasts to set the final numbers Thursday when they begin finishing their work on the state\u2019s 2019-2021 spending plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BISMARCK, N.D. (AP) \u2014 An economic consultancy hired by the North Dakota Legislature predicts slightly higher oil prices but lower production over the next two-year budget cycle than a state forecast.The forecast presented Tuesday by IHS Markit to lawmakers estimated general fund revenues from major tax collection categories at $2.9 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":34284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-167062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/167062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=167062"}],"version-history":[{"count":1,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/167062\/revisions"}],"predecessor-version":[{"id":167063,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/167062\/revisions\/167063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/34284"}],"wp:attachment":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}