Home » NEWS » Economy (page 2)

Economy

Economic report adds fuel to Nissan union vote fire

  By Jack Weatherly An updated study showing the major impact of the automotive industry on Mississippi’s economy was released Thursday as an election approaches at the Nissan plant in Canton in which the workers will decide whether to unionize. Participants in the press conference at the Greater Jackson Chamber Partnership in Jackson voiced support for workers’ right to vote ...

Read More »

Children’s advocate to revisit poverty in Mississippi Delta

The founder of a children’s advocacy group returns to Mississippi next week to examine how poverty affects people’s lives, much like Sen. Robert F. Kennedy did 50 years ago. Marian Wright was a civil rights attorney working in Mississippi in 1967 when she recommended that U.S. senators travel to the state to see for themselves the living conditions of some ...

Read More »

Coast economy continues to lag behind the state in key metrics

By JUSTIN VICORY The Coast’s economy is still struggling to recover from Hurricane Katrina, the Great Recession and the BP Oil Spill, and remains behind the state curve in important economic indicators, including sales tax revenue and median income, a business expert said. In a recent PowerPoint presentation entitled “The Uphill Recovery From the BP Oil Spill,” President of the ...

Read More »

Mississippi manufacturing leads downturn in state economy

  By JACK WEATHERLY Mississippi’s economy slipped again in April primarily because manufacturing workers’ average workweek fell below 40 hours for the first time in six years. The “manufacturing employment intensity index” is one of three indices that declined in April, sending the Leading Index of Economic Indicators (MLI) downward, according to a monthly report issued by the Institutions of ...

Read More »

Forestry Commission cuts 75 jobs due to budget reduction

By JACK WEATHERLY The Mississippi Forestry Commission will eliminate 75 positions July 1 – two-thirds of which are firefighting jobs – due to a $2.67 million, or 16 percent, cut in its budget. The reduction is because of the state’s drop in revenue, which has forced government cuts across the board. State Forester Charlie Morgan said in a release that “preserving ...

Read More »

Credit rater warns on Mississippi, citing economy and taxes

Another credit rating agency is warning that the financial outlook for Mississippi government finances is weakening. Standard & Poor’s Financial Services on Tuesday downgraded its outlook for state government credit rating to negative from stable. S&P didn’t actually cut Mississippi’s debt ratings, but warned that it could later, saying it expects a budget squeeze to continue because of slow economic ...

Read More »

UMC cuts 195 jobs, eliminates 85 positions in budget cut

Special to the MBJ The University of Mississippi Medical Center today announced it is cutting 195 jobs and eliminating another 85 positions in action to address a recent $32.7 million budget cut, part of budgets ordered by Gov. Phil Bryant. The Medical Center has identified $24 million in savings through a combination of reduced spending and enhanced revenues to be realized ...

Read More »

Falconer earns award

Dr. Lawrence Falconer has been presented the Southern Agricultural Economics Association Lifetime Achievement Award, the association’s highest award for significant and enduring contributions to the Agricultural Economics Profession. Falconer is an Extension Professor for the Mississippi State University Extension Service and a member of the Mississippi State University Department of Agricultural Economics. Falconer has been at the Delta Research and ...

Read More »

Swartzfager NAEE president

Selena Swartzfager, president of the MS Council on Economic Education has been elected as President of the National Association of Economic Educators.  Swartzfager served two terms as treasurer prior to being elected as president. The National Association of Economic Educators is the professional association of economic educators with a mission to advance economic and financial literacy by serving educators. Swartzfager ...

Read More »

Gov. Bryant flips on trade pact since 2015

By JACK WEATHERLY Gov. Phil Bryant said in a December 2015 interview that he supported the United States joining the Trans-Pacific Partnership. “I hope it’s approved, and I hope that we’re a strong part of it,” Bryant told the Mississippi Business Journal. Yet Bryant, a staunch supporter of Donald J. Trump, who has since been elected president and “vetoed” America’s ...

Read More »