A second quarter national construction surge that created an 8-month backlog of work fizzled out by the end of the year, an analysis by the chief economist for the national chapter of Associated Builders and Contractors shows. It’s news that the head of the Mississippi chapter of the Associated Builders and Contractors expected to hear. [...] [...]
A commercial construction economist has delivered a half-cup of good cheer on Mississippi’s economic prospects for 2012 and predicted the state should return to its pre-Gulf oil spill pace. Anirban Basu, chief economist for the Associated Builders and Contractors, set 2012 economic growth at 2.4 percent nationally and said he expects regaining momentum lost to [...] [...]
Mississippi’s bankers and lenders can’t seem to get out of each other’s way as state appears to be late in the recession and out Late both coming and going — that’s how economists of the future will detail Mississippi’s experience with the Great Recession. While tardy to settle into the economic slump that beset much [...] [...]
With 2011 less than 60 days away, Mississippi’s builders and contractors must get accustomed to a less-than-inspiring prediction for next year’s business climate: ”Less worse but certainly not terrific.” “Less worse” came as close to actual encouragement as economist Anirban Basu could get in a presentation to several hundred members of the Mississippi Associated Builders [...] [...]
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