General Fund Revenue Forecast
($ in millions)

• "Employment growth...essentially flat for 2001."
• "Manufacturing will sharply decline in 2001..."
• "Lumber and wood products are projected to be down..."
• "The sector that contains semiconductors, electrical machinery...several quarters of negative growth projected."
• "Trade job growth will remain relatively weak..."
• "Population growth... slower than the growth experienced in the mid-1990s."
• "Per capita income...below the U.S. average in 2001 and 2002."
• "The major risks now facing the Oregon economy are: another sharp and major stock market correction; further increases in inflation; regional energy prices; the slowing U.S. economy; consumer confidence; and a slower than anticipated recovery for semiconductors, software and communications."