Construction economist sees strengthened recovery for state
Construction industry here and elsewhere is several years away from returning to prosperity, Anirban Basu warns
by Ted Carter
Published: November 27,2011
A commercial construction economist has delivered a half-cup of good cheer on Mississippi’s economic prospects for 2012 and predicted the state should return to its pre-Gulf oil spill pace.
Anirban Basu, chief economist for the Associated Builders and Contractors, set 2012 economic growth at 2.4 percent nationally and said he expects regaining momentum lost to the BP oil spill will let Mississippi “out-perform the national economy going forward.”
He cited inexpensive labor, a prosperous oil and gas sector and a strong economic development effort that has been especially adept at attracting…
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Host families prepare for Mississippi Braves’ season
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- Ridgeland property rights tussle is expected to have wide impact
- Starkville's Cotton Mill Marketplace hotel breaks ground Wednesday
- Two new casinos like the odds on Mississippi Gulf Coast
- PHIL HARDWICK: When will Mississippi change its culture?
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- DAVID DALLAS — Roger Wicker: Profile in discouragement