Posts Tagged ‘economy’

NRF downgrades retail sales forecast after sluggish start to 2014

WASHINGTON — The National Retail Federation has lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in January that retail sales would grow 4.1 percent in 2014 over 2013, […] [...]

DAVID DALLAS: The new minimum wage and our economy

by Published: June 25,2014

Tags: Business, economy, minimum wage, Mississippi, Politics

Imagine you make $7.50 an hour. Imagine your work week is limited so that your employer does not have to share responsibility for your healthcare costs or provide other benefits. Imagine your having to take a second job where you are also paid $7.50 an hour and work less than 30 hours a week. Let’s […] [...]

CARTOON — Nobile eyes tourism in Mississippi

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State’s unemployment rate falls slightly to 7.4 percent

ACROSS MISSISSIPPI — Mississippi’s unemployment rate ticked down to 7.4 percent in January, as a few more people found jobs. A separate survey shows state employer payrolls falling slightly. Both sets of figures — adjusted to cancel out normal seasonal changes — were released yesterday by the Mississippi Department of Employment Security. It’s the lowest […] [...]

MEC surveys find optimism, confidence in state’s economy

JACKSON — Leaders from across the state are showing great confidence in the direction Mississippi is moving and in the ability to improve its economic competitiveness, according to the Mississippi Economic Council (MEC). Surveyed during the MEC’s Blueprint Mississippi Pathway to Progress Tour, business and community leaders rate Mississippi as a newly emerging growth state, […] [...]

Bill’s demise ends state sales tax rebates for retail development

by Published: February 21,2014

Tags: Business, economic development, economy, Legislature, Mississippi

Mississippi’s tourism tax development incentives failed to gain enough legislative support for renewal last week and will expire July 1, ending the state’s practice of awarding tens of millions of dollars as incentives for development of shopping malls and retail plazas. The Mississippi Development Authority so far has awarded up to $155 million in potential […] [...]

Energy efficiency: Mississippi already benefiting from U.S. moving toward energy self sufficiency

Not that many years ago there were concerns about “the end of oil,” the depletion of the oil reserves that fuel the world economy. One of the largest economic problems in the U.S. was the cost of importing so much oil. But drilling technology innovations including fracking now have some experts predicting that by 2035 […] [...]

TYLER BALL: Business succession planning: The time is now

by Published: February 7,2014

Tags: Business, economy, education, finance, Mississippi

F amily-controlled businesses comprise between 80-90 percent of all business enterprises in North America (Source: J.H. Astrachan and M.C. Shanker, “Family Businesses’ Contribution to the U.S. Economy: A Closer Look,” Family Business Review, September 2003). And while it is estimated that nearly 40 percent of family businesses are passed successfully to a second generation, only […] [...]

TRAY HAIRSTON: Health care as an economic driver: Turning Mississippi’s weaknesses into strengths

by Published: February 7,2014

Tags: Business, economy, Gov. Phil Bryant, Mississippi

A s a proponent of economic development, I believe that health care can be used as an economic driver and would diversify Mississippi’s economy, going a long way toward boosting jobs and quality of life in our state. As a bond lawyer at Butler Snow, I work with Mississippi cities and counties on bond issues […] [...]

Webb: Government is state’s top employer

JACKSON — State economist Darrin Webb says government is Mississippi’s largest employer these days. That’s a big change from 20 years ago, when manufacturing held the top spot in the state. Webb says Mississippi lost manufacturing jobs after the North American Free Trade Agreement was put in place in the 1990s. Webb told House Appropriations […] [...]

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