Given concern over the recent Moody analysis that Delaware is the only state in the union that could be facing a recession, and over our stagnant if not rising state unemployment rate, it is going to be interesting to see how the revenue figures are holding up after the Delaware Economic and Financial Advisory Council (DEFAC) meets today. At their last meeting, “officials predicted a 140 million dollar budget gap for fiscal year 2015[.]” So that is the marker that will tell us if our Delaware economy is getting worse or better. If that gap narrows, better. Widens, worse.
New State Revenue Estimates Due This Afternoon.
