1. Another group forsees a depression, causing tax revenues to drop and government expenses to rise. 2. But if revenue drops more than state officials expect, he said, layoffs will be all but guaranteed. 3. Despite the current recession in business travel, that trend appears to be slowly continuing, even as revenues have dropped and passenger load fallen. 4. He focused his criticism on a deepening dispute about how sharply major tax revenues will drop because of the economic slowdown. 5. His revenues dropped year by year. 6. In fact, revenue is dropping like a stone. 7. In addition, the SEIU has pledged to make up the difference if local revenues drop. 8. Layoffs are running at a record pace this year, and sales tax revenue has dropped off sharply. 9. Meaning revenues would drop. 10. Nevertheless, Murphy said, many technology stocks that trade at high multiples to earnings or revenues have not dropped far enough to signal the end of the correction. |
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