State revenue collections miss May forecast
JACKSON — State revenue collections were down slightly in May. However, it did not surprise Gov. Haley Barbour, and he pointed out that the state is well over forecasts for year-to-date collections.
“Mississippi’s preliminary revenue for May fell 0.52 percent, or $1.8 million, below the estimate,” Barbour said. “While this is a small shortfall, it is consistent with a slowdown in economic growth that is being seen around the country.
“As economic growth has begun to lag, we are blessed that year-to-date revenue is about $38 million above the revised estimate.”
Source: Governor’s Office
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- R.J. Allen ranked as fastest-growing company in Mississippi
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- Senate election ballot approved as McDaniel's challenge continues
- Officials set hunting dates for birds; expands dove season by 20 days
- Judge moves McDaniel's lawsuit challenging loss to Cochran
- DAVID DALLAS — Mississippi needs one university
- TECH 21 — Mississippi's most wanted in technology
- Inspectors find 'hot work' was cause of fatal explosion at fish plant
- Ground broken for new Hattiesburg Clinic facility