Edward King, Chief Economist for the Office of Management and Budget, speaks about the state’s revenue forecast to the Juneau Chamber of Commerce during its weekly luncheon at the Hangar Ballroom on Thursday, Feb. 7, 2019. (Michael Penn | Juneau Empire)

Edward King, Chief Economist for the Office of Management and Budget, speaks about the state’s revenue forecast to the Juneau Chamber of Commerce during its weekly luncheon at the Hangar Ballroom on Thursday, Feb. 7, 2019. (Michael Penn | Juneau Empire)

Economy to take a hit, no matter the budget outcome

Oil revenue not expected to increase

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