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State's Economic Recovery Slow in Getting Here

Updated: Tue 3:20 PM, May 13, 2003

In the meantime the state sales tax collections were off about $100 million from earlier projections forcing lawmakers and the governor to make new adjustments.

Instead of cutting aid to the schools, money from a revenue sharing rainy day fund may be tapped to fill in the budget deficit for this year.

Consumer confidence has rebounded nicely but experts say it is still not at a level to feed a "robust" recovery. One bright spot is the housing industry where sources report a "very strong" up tick in home sales and remodeling.


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