by Associated Press Published: January 17,2013
Tags: appropriation, bill, budget, economic development, economist, economy, job, job growth, law, lawmaker, legislation, legislativer, Legislature, state government
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 [...] [...]
To anyone paying attention it’s pretty clear that things are out of balance in America. And, the longer things stay out of balance, the longer and harder it will be to get things back into balance. Our national debt and annual budget deficits illustrate this problem. Each year of deficit spending adds to the national [...] [...]
by Associated Press Published: November 28,2012
Tags: economist, economy, employee, employer, employment, forecast, growth, job, recession, unemployment, work, worker
ACROSS MISSISSIPPI — Economists say growth and employment should increase in Mississippi next year, led by an improved housing market and an increase in home construction. “We’re hoping the budding housing recovery will carry us forward.” Greg Daco, an economist with IHS Global Insight, said at a conference held by the College Board in Jackson. [...] [...]
ST. LOUIS — Businesses that move products on the Mississippi River continue to seek the government’s help as the river approaches historic lows. The Army Corps of Engineers on Friday began reducing the outflow from an upper Missouri River reservoir to ease drought conditions in that part of the country. The move will reduce the [...] [...]
ACROSS MISSISSIPPI — Mississippi’s unemployment rate dropped slightly to 8.9 percent in October, down 1.3 percent from September. The report from the Bureau of Labor Statistics showed 4,300 more people were employed in October than September. Mississippi had a 9.2 percent jobless rate in September and a 10.7 percent rate in October 2011. The number [...] [...]
by Associated Press Published: November 15,2012
Tags: appropriation, budget, economy, financing, funding, goverment, governor, money, proposal, state
JACKSON — Gov. Phil Bryant is proposing that most state agencies take a 1.5 percent budget cut during fiscal 2014, which begins next July 1. Republican Bryant released his $5.8-billion spending plan yesterday at the Capitol. It’s 2.3 percent larger than the current year’s budget of nearly $5.7 billion. Legislative leaders release their own fiscal [...] [...]
by Associated Press Published: November 5,2012
Tags: air conditioner, cool, earnings, economy, election, heat, heater, light, lighting, Politics, poll, power, publicly traded company, revenue, utility, vote, voter, Voting
ATLANTA — Southern Company reported third quarter earnings of $976 million, or $1.11 a share, compared with $916 million, or $1.07 a share, for the same period a year ago. For the nine months ended Sept. 30, 2012, Southern’s earnings were $1.97 billion, or $2.26 a share, compared with $1.94 billion, or $2.27 a share, [...] [...]
by MBJ Staff Published: November 2,2012
Tags: economic growth, economy, employment, forecast, higher education, job, outlook, piblic university, prediction, recession
JACKSON — The November issue of the Mississippi Economic Outlook, a quarterly publication, is now available. Published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), the Outlook presents the state economic forecast for 2012 to 2017, and includes detailed employment forecasts by sector. Regional, national and international developments [...] [...]
by MBJ Staff Published: November 2,2012
Tags: confidence, economy, employment, job, optimism, recession, report, study, unemployment, work, worker
Director of research and policy Scott King and the Gulf Coast Business Council Research Foundation have released the quarterly CEO and Business Owners Confidence report for the third quarter 2012. “Business leaders see a modestly improving Gulf Coast economy,” said Jack Norris, president of the Gulf Coast Business Council. “It will be interesting to conduct [...] [...]
by Associated Press Published: October 12,2012
Tags: benefits, budget, economy, federal government, health, health care, insurance, medical, mediciner, Politics, state government
JACKSON — Gov. Phil Bryant says the 2010 federal health care overhaul is slowing Mississippi’s economy because business owners are confused about how much it will cost them to meet demands of the law. “The Obama administration has not done a very good job of giving companies some encouragement of investing in their corporations, expanding [...] [...]
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