Recessions are part of the business cycle. They are relative, and they are temporary. They can last up to 18 months. The Great Recession, which began with the Financial Crisis of 2008, has been longer and harder than most. Here in Mississippi, we were late to the party. The effects of the contraction hit us [...]
Tag Archives: recession
The two Mississippis and our economy
July 17, 2011
It doesn’t matter what the economic reports are. If you can’t pay your bills, the recession is not over. Mississippi’s economy is one of haves and have nots. With one in four of our labor force working for a government entity and a large dependence on the service sector, we find ourselves with a higher [...]
October 5, 2012
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