Mississippi Business Journal » prediction

Forecasters predict higher, later river crest at Vicksburg

Associated Press — Tue, 14 May 2013 11:26:56 +0000

MISSISSIPPI RIVER — The Mississippi River is now predicted to crest Friday at 44 feet in Vicksburg. The forecast is a foot higher and a day later than predicted last week. Forecasters tell the Vicksburg Post the updated projection is based on rainfall amounts in areas near tributaries that feed the Lower Mississippi. The river [...]

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Forecaster sees active hurricane season in 2013

Associated Press — Fri, 29 Mar 2013 12:04:58 +0000

GULF OF MEXICO — Forecaster William Gray says he expects a very active hurricane season, but he’s not yet giving likely numbers of named storms, hurricanes and major hurricanes. Gray told hundreds of people at the National Hurricane Conference the first numeric predictions will come out April 10. Gray, head of Colorado State’s Tropical Meteorology [...]

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Study: Confidence in economy holding steady on Coast

MBJ Staff — Thu, 31 Jan 2013 14:45:17 +0000

MISSISSIPPI GULF COAST — Confidence in the Mississippi Gulf Coast economy held steady in the fourth quarter of 2012, according to the CEO and Business Owners Confidence report from the Gulf Coast Business Council. “For the second consecutive survey, business leaders perceive a modestly improving economy,” said Jack Norris, president of the Gulf Coast Business [...]

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NRF forecasts retail growth this year to lag 2012

MBJ Staff — Tue, 29 Jan 2013 13:59:43 +0000

WASHINGTON, D.C. — The National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent growth seen in 2012. The subdued forecast comes on the heels of a holiday season that went head-to-head with Washington’s [...]

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Report forecasts state to see ‘slow but improving’ growth

MBJ Staff — Fri, 02 Nov 2012 17:16:41 +0000

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 [...]

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Poultry exec scoffs at MSU professors’ post-Sandy predictions

MBJ Staff — Fri, 02 Nov 2012 17:16:07 +0000

WILMINGTON, Del. — The Delmarva peninsula’s poultry industry is up and running after emerging from Superstorm Sandy relatively unscathed. The Delaware Department of Agriculture said there was no significant flooding or poultry house damage, and that chicken farmers are generally in good shape. Feed trucks are back on the road, and poultry processing plants resumed [...]

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NOAA raises forecast of storms for rest of hurricane season

Associated Press — Fri, 10 Aug 2012 11:19:47 +0000

GULF OF MEXICO — U.S. forecasters are raising their estimate of potential storms in the remainder of the Atlantic hurricane season, which enters its peak period this month. The National Oceanic and Atmospheric Administration released its updated forecast today. Forecasters say wind patterns conducive to storm formation and warmer-than-normal sea temperatures mean chances are higher [...]

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Forecasters: Atlantic could see 15 storms this hurricane season

Associated Press — Fri, 25 May 2012 12:29:01 +0000

GULF OF MEXICO — Federal forecasters predict there will be about nine to 15 storms during this year’s Atlantic hurricane season. The National Oceanic and Atmospheric Administration released its initial outlook Thursday for the six-month storm season that officially begins June 1. The season got an early start when Tropical Storm Alberto formed last Saturday [...]

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A.M. Best upgrades outlook on Gulf Guaranty Life

MBJ Staff — Fri, 04 May 2012 13:21:53 +0000

JACKSON — A.M. Best Co. has revised the outlook to “positive” from “stable” and affirmed the financial strength rating of “B- (Fair)” and issuer credit rating of “bb-” of Gulf Guaranty Life Insurance Company. A.M. Best wrote: “The ratings reflect the company’s more than adequate level of risk-adjusted capitalization, improved net income reported in 2011 [...]

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Study: State’s economy saw ‘rough year’ in 2011

MBJ Staff — Mon, 30 Apr 2012 20:19:05 +0000

ACROSS MISSISSIPPI — The April 2012 issue of the Mississippi Economic Outlook, a quarterly publication replacing the bi-annual Mississippi Economic Review and Outlook, is now available online at www.mississippi.edu/URC. 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 [...]

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