Mississippi Business Journal » prices

Just like 2011, shrimpers see bigger catch but weaker prices

MBJ Staff — Mon, 25 Jun 2012 20:52:22 +0000

GULF OF MEXICO — The shrimp are slightly bigger, but prices are down, making this year’s season-opening in Biloxi comparable to last year’s start. During the first two weeks of the 2012 season, 1.137 million pounds of shrimp were landed in Biloxi. In the same time in 2011, 1.124 million pounds were landed at the [...]

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Entergy Mississippi: Utility bills to decrease more than expected

MBJ Staff — Fri, 30 Mar 2012 20:12:23 +0000

JACKSON — Customers of Entergy Mississippi Inc. will see their rates drop more than previously announced through April, May and June, according to the utility. Haley Fisackerly, president and CEO for Entergy Mississippi, said, “With a continuation of low natural gas prices combined by efficient operations of our system by our employees we are able [...]

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FNC: U.S. home prices continue to weaken

MBJ Staff — Thu, 05 Jan 2012 14:49:43 +0000

OXFORD — FNC Inc.’s latest Residential Price Index (RPI) indicates that October U.S. home prices continued to weaken at a modest pace despite recent positive home-sales data. The trend is a reminder that the housing market remains constrained by weak economic fundamentals and the overhang of distressed properties, FNC reports. October marks the third month [...]

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Average earnings outpaced by rising prices

Wally Northway — Tue, 18 Jan 2011 15:09:30 +0000

WASHINGTON — Real average hourly earnings for all U.S. employees fell 0.4 percent from November to December, seasonally adjusted, the U.S. Bureau of Labor Statistics reports. A 0.1 percent increase in average hourly earnings was more than offset by a 0.5 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). Real average [...]

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Cotton prices may be good for farmers, but…

Clay Chandler — Sun, 19 Sep 2010 06:00:54 +0000

While Mississippi’s farmers enjoy a harvest season with cotton prices hovering near 15-year highs, clothing retailers keep a wary eye on the situation. Since the first of the year, cotton prices have doubled. In early September, the price of one pound of raw cotton hit 93 cents, and has since hovered around the 90 cent [...]

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Cost of building materials rises

Wally Northway — Thu, 18 Feb 2010 17:14:39 +0000

Prices for construction materials and supplies were up 1.3 percent in January, according to the February 18 producer price index (PPI) report by the U.S. Labor Department. Year-over-year, construction materials prices are up 1.6 percent. Iron and steel prices jumped 4.7 percent for the month and are up 5.9 percent since last January, the first [...]

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Construction material prices rise

Wally Northway — Tue, 14 Jul 2009 17:38:57 +0000

WASHINGTON — Prices for construction materials inched up 1 percent in June 2009; however, prices were down 6.1 percent from June 2008. Material prices feeding the increase include prepared asphalt and tar roofing, up 5.6 percent from May and 38.9 percent higher from June 2008. Softwood lumber prices jumped up 1.7 percent in June, but [...]

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