by Associated Press Published: October 4,2012
Tags: benefit, economy, employee, employer, employment, job, joblessness, layoff, unemployment, unemployment insurance, work, worker
ACROSS MISSISSIPPI — The number of Americans seeking unemployment benefits rose to a seasonally adjusted 367,000, a level consistent with only modest hiring. The state data are for the week ended Sept. 22, one week behind the national data. States with the biggest increases are: • Mississippi: Up 3,314, due to people unable to work [...] [...]
by MBJ Staff Published: September 20,2012
Tags: economy, home, home price, homeownership, house, index, real estate, report, residence, residential, residential real estate
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. residential property values continue to climb, capturing a fifth consecutive monthly gain as the result of rising demand. More notably the index shows that for the first time since the housing market collapsed in 2007, home prices are beginning to recover on a year-over-year basis, [...] [...]
by Associated Press Published: September 19,2012
Tags: budget, Coast, economy, retail, revenue, sales, state government, tax, tax collection, transaction, Treasury
MISSISSIPPI GULF COAST — July sales were up in most cities across South Mississippi and topped $1 million for the third straight month in Biloxi. The Sun Herald reports Mayor A.J. Holloway attributed the increases to the opening of the new Walmart Supercenter, Margaritaville Casino and Sharkheads souvenir shop since spring. The August report released [...] [...]
by Associated Press Published: September 18,2012
Tags: cost of living, economist, economy, employee, employment, job, recession, stater revenue, tax, tax collection, work, worker
JACKSON — State economist Darrin Webb says Mississippi probably slipped into recession between April and June during the 2nd quarter of 2012. Because of weak jobs numbers and other factors, he expects it to remain there in the 3rd quarter, which ends this month. But he said it could improve in the final three months [...] [...]
by Associated Press Published: September 10,2012
Tags: budget, economist, economy, evacuation, evacuee, hurricane, natural disaster, retail, spending, state government, tropical, Weather
JACKSON — State economist Darrin Webb says he does not expect Mississippi to see a surge in tax collections after Hurricane Isaac the way it did after Hurricane Katrina. “My thinking is that while in theory there may be some slight uptick in revenues as a result of Isaac, it will be inconsequential,” Webb told [...] [...]
by MBJ Staff Published: August 30,2012
Tags: economy, home, house, market, price, real estate, recession, residence, resident, residential
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new [...] [...]
ACROSS MISSISSIPPI — Mississippi’s unemployment rate ticked up in June, amid signs of a stalling economy. The state’s jobless rate rose to 8.8 percent, from 8.7 percent in May as the number of people with jobs fell, according to figures released by the Bureau of Labor Statistics. It’s the first time that the unemployment rate [...] [...]
by Associated Press Published: July 19,2012
Tags: appropriations, budget, budget cuts, city, cut, economy, funding, funds, municipal government, municipality, property tax, recession, Sales Tax, tax, tax collections
GULFPORT — Gulfport city officials are being told they are going to have to make millions of dollars in spending cuts. Gulfport is on track to end this fiscal year with a $1 million deficit that could climb to $4 million in 2013, finance director Mike Necaise said. The problems include revenue shortfalls and increased [...] [...]
PEARL RIVER COUNTY — New furloughs in Pearl River County will affect all county employees, including department heads and administrators. The Picayune Item reports the board of supervisors also cut spending, including $50,000 to the library system was free up money in the budget. On June 11, the board of supervisors froze hiring and the [...] [...]
by MBJ Staff Published: June 27,2012
Tags: economy, home, home price, home value, homeowner, house, property, real estate, residence, resident
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the second month in April — evidence that home prices are strengthening as rising demand and limited inventory continue to characterize many U.S. markets. Nationwide, April home prices — based on recorded sales transactions in the 100 largest [...] [...]
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