Posts Tagged ‘recession’

Foresters expecting another year of healthy recovery

ACROSS MISSISSIPPI — Evidence of a healthy national economy may be found in the strength of the timber industry. Forestry is a billion-dollar industry in Mississippi and the state’s second-largest agricultural commodity. A depressed national economy in recent years had negative impacts on housing construction and furniture manufacturing, which hurt the forestry sector, but industry [...] [...]

Small banks in Mississippi — An endangered necessity

by Becky Gillette Published: March 29,2013

Tags: banking, Jerry Wilson, Mississippi Banking Commission, PriorityBank One, recession, regulations

Mississippi has 19 small banks as defined as banks with less than $100 million in assets. And while most of these small banks that serve as the economic lifeblood of many rural areas of the state didn’t participate in the risky mortgage lending practices blamed for the Great Recession, they may now be endangered by [...] [...]

From “too big to fail” to too big to jail?

by MBJ Staff Published: March 15,2013

Tags: bank bailout, Eric Holder, recession, too big to fail, Wall Street

America’s banking crisis may be receding into history but not so the desire of everyday Americans to bring the perpetrators of the criminally induced collapse to justice. While those behind rigging the system for their own benefit may never be forced to account for their actions, the reason why they are getting off free could [...] [...]

Index: Property values continued their rebound into 2013

OXFORD – The latest FNC Residential Price Index (RPI) indicates that U.S. property values continued to recover through January — the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread, according to the Oxford-based mortgage technology [...] [...]

It will be ideas that solve problems created by new technology

by MBJ Staff Published: February 15,2013

Tags: Associated Press, China, jobs market, manufacturing, recession, technology, workforce training

The Associated Press recently moved a provocative series about the changing landscape for jobs in the United States. It made a good case that middle-class jobs eliminated by technology and the recession aren’t coming back. This is not the first time to hear such dire warnings. Imagine the fuss in the horse carriage industry 100 [...] [...]

IHL report finds 20 percent chance for recession

by MBJ Staff Published: January 18,2013

Tags: economic, economy, recession

JACKSON — The Mississippi Economic Outlook, first quarter 2013 edition, 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, including detailed employment forecasts by sector. Regional, national and international developments impacting the state economy are [...] [...]

The fiscal debacle: Government working as was truly intended?

Is the fiscal cliff scenario a failure of our system of government or government functioning as intended? One need not venture far these days to hear a fairly common assessment of the current state of affairs pertaining to government in the nation’s capital. Usually, references are made to a totally broken governing mechanism. Furthermore, the [...] [...]

Economists expect state to see better year in 2013

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. [...] [...]

November 9, 2012- Ricky Nobile

by Ricky Nobile Published: November 9,2012

Tags: Gulf Coast, Ingalls ship building, jobs report, recession

[...]

Report forecasts state to see ‘slow but improving’ growth

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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