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Treasury: Date Set for May Consensus Revenue Estimating Conference

dept of treasury

Conference to be Held on May 16 at Michigan State Capitol

LANSING, Mich. – The Michigan Department of Treasury today announced that the May Consensus Revenue Estimating Conference (CREC) will be held on Friday, May 16, 2025, in the House Appropriations Committee Room on the third floor of the Michigan State Capitol.

The conference will begin at 9 a.m. with presentations focusing on the U.S. and Michigan economies and state government revenues. Official revenue forecasts for remainder of Fiscal Year 2025 and the upcoming 2026 and 2027 fiscal years will be updated at the conference.

Official forecasts will be established by a consensus of the conference principals, consisting of the State Treasurer or State Budget Director, the Director of the Senate Fiscal Agency and the Director of the House Fiscal Agency.

For 2025, the State Treasurer is chairing the conferences. The chair role rotates among the principals annually.

To learn more about the CREC, go to www.michigan.gov/crec.

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