Webb: Economy growing slowly, ‘boring’
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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- GreenTech holds grand opening of neighborhood electric vehicle plant
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Turner Grain’s transition will help consolidate lawsuits alleging breach of contract
- Granddaughter of Barq's Root Beer founder dies at 90
- Mississippi Film Studios signs contract with New Orleans company
- MDOT cutting more than 40 jobs in Right-of-Way Division
- David Duval, former British Open winner, joins Sanderson Farms field
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Alcorn president launches new customer service task force
- Board authorizes sale of company that owns Silver Slipper Casino