## Slide 1
2023 Spring Revenue Estimating Conference
Office of Management and Budget
Presented by Sahil Ramchandani
03/14/2023

## Slide 2
US Economic Outlook
Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter.
The economy appears to be performing resiliently so far in 2023 despite tighter financial conditions.
Economic expansion remains fragile as risk factors may cause potential downside
2

## Slide 3
USVI Revenue Outlook
FY2023 YTD Net Revenue Projection: $914m
FY2024 Preliminary Net Revenue Projection: $929m
Importance of Revenue Conference and the roles we play
3

## Slide 4
Thank You!
Questions?