Nebraska Economic Forecasting Advisory Board Issues Updated Revenue Forecast

The Nebraska Economic Forecasting Advisory Board (NEFAB) met on October 26th to provide its latest forecast of estimated state revenues. NEFAB's revenue forecasts are an important consideration for the Nebraska Legislature's budget decisions.NEFAB's most recent forecast indicates generally steady to slightly improved revenue trends for the current and next biennial budget periods in Nebraska. For fiscal year 2018-2019 (the end of the current biennial budget period), NEFAB forecasted …