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.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Prescription for success — Transcript Pharmacy continues fast growth
- New law on taxing methods hailed as big win for businesses
- Panther Creek megasite — Putting a value proposition out there
- Panther Creek's location in medical industry zone boosts bio-med prospects
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom
- News The Way You Want It!
- MSU researchers develop timber-management software