Economic Analysis Menu
OSBM conducts economic analysis to provide fiscal projections and evaluate various policy proposals. Work in this area focuses on:
- Revenue projection
- Expenditure projection
- Inflation projection
- Economic impact of rule changes
- Fiscal and economic impact of legislation or new policy
In support of the governor, OSBM projects state revenue for the General Fund, the Highway Fund, and the Highway Trust Fund. These projections are vital to preparing the governor's recommended budget, negotiating the final budget with the General Assembly, and monitoring North Carolina’s current and future fiscal health. In the event of a budget shortfall, these projections also provide critical and timely information to help guide any needed changes in spending.
Other Economic Analysis
Major policy proposals can have large impacts on state revenues, expenditures, or the economy. In an effort to provide sound fiscal advice and information to decision-makers, OSBM often prepares an economic analysis of these policy proposals.
OSBM reviews the economic impact of proposed permanent agency rule changes to ensure that policy makers and the public understand the anticipated affect of the proposed change.