February 12, 2019 - Today PICA hosted its annual Regional Economists Meeting, as part of our Five Year Plan Review Process. Representatives from IHS Markit, the City’s economic forecasting consultant, presented the structure of their economic model and major forecast assumptions. Anna Adams, the City’s Budget Director, followed with a presentation on preliminary revenue growth forecasts for fiscal years 2020-2024.The purpose of this meeting was to garner feedback from attendees on the City’s economic growth and revenue projections along with insight into the local economy. This feedback will be particularly important as the City develops its revenue estimates for its proposed Five Year Financial Plan for Fiscal Years 2020-2024. You can find links to the day's agenda and the participants' presentations below, and you can also view a photo gallery of the day's proceedings.

PICA Spring Economists Meeting 2019 AgendaDownload

Presentation - IHSDownload

Presentation - Anna Adams, Budget DirectorDownload

  • PICA Executive Director Harvey Rice
  • PICA Board Chair Kevin Vaughan

  • Moderator and Economist Herb Taylor
  • Economist Jim Diffley

  • City Budget Director Anna Adams
  • Economist Tom Jackson

The New Jersey Room at the Federal Reserve Bank of Philadelphia