HARTFORD, Conn. — Connecticut's latest consensus revenue forecast shows continued steady revenue growth, Gov. Ned Lamont's administration said Tuesday.

The forecast was issued jointly by the governor's Office of Policy and Management and the legislature's nonpartisan Office of Fiscal Analysis. The governor's office's statements on it did not include the forecast's projected figures.

"These latest revenue projections reinforce the progress Connecticut has made," Lamont said in a statement. "Over the past eight years, we have strengthened our fiscal foundation and built an economy that attracts innovative companies, supports good jobs, and helps communities and schools thrive."

Lamont also said that "with leadership changes soon coming to Congress," he hoped Washington could "bring greater stability and focus to the priorities that actually matter to American families and businesses."

Joshua Wojcik, secretary of the Office of Policy and Management, called the projected growth encouraging but said the numbers "are estimates and should be viewed with care."

"Federal policy decisions, global conflicts, market conditions, and other economic factors can affect the outlook," Wojcik said.

The Office of Policy and Management plans to release its Fiscal Accountability Report, which Wojcik said would give a fuller update on the state's fiscal position, on Nov. 20. A presentation to the General Assembly's Appropriations Committee and its Finance, Revenue and Bonding Committee is expected to be scheduled in December, the governor's office said.

The next consensus revenue forecast is due Jan. 15, 2027.

This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.