Posts Tagged ‘recession’

IHL report finds 20 percent chance for recession

by 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

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 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 […] [...]

Report: Coast businesses more optimistic on economy

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 […] [...]

Webb thinks state’s economy has slipped into recession

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 […] [...]

FNC index shows U.S. home prices still rising

by 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 […] [...]

Coast city must make cuts; facing multi-million-dollar deficit

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 […] [...]

All county employees to be furloughed in cost-cutting measure

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 […] [...]

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