Webb: Economy growing slowly, ‘boring’
by Associated Press
Published: January 17,2013
JACKSON — An expert says Mississippi’s economy is growing slowly but still lags behind the pace of the U.S. economy overall.
State economist Darrin Webb spoke to lawmakers at the Capitol today. He says the state and nation have a “boring kind of economy” right now, with slow job growth and shaky consumer confidence.
Webb says Mississippi was one of only four states showing a decline in non-farm employment from 2011 to 2012. The others were New Mexico, Wisconsin and Rhode Island.
He says 26 of Mississippi’s 82 counties lost jobs from 2011 to 2012. That’s an improvement from the 46 that lost jobs a year earlier.
Treasurer Lynn Fitch told lawmakers the state has a solid double-A bond rating from all three ratings agencies.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- School superintendent terminated after party funds, travel questions
- Telepak strikes another branding deal with C Spire
- Accounting firm finds problems at troubled MDMR
- Airline announces new service at Oxford
- C Spire launches new WiFi On app for Android-powered phones
- South's oldest casino to reopen as Golden Nugget
- Hosemann recruiting Realtors to market tax-forfeited property
- At age 17, ‘the flagpole kid’ is already a business success story
- Report: State's teacher education programs 'mediocre at best'