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Environmental economist studies a shrinking Louisiana

STARKVILLE — Louisiana is shrinking. According to new information from the National Oceanic and Atmospheric Administration, 25-35 square miles of land off the coast of Louisiana disappears into the water every year. Mississippi State University environmental economist Daniel Petrolia understands how important the disappearing wetlands are to commercial fisheries, storm surge protection and wildlife. “Louisiana has about 40 percent of ...

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Webb: Economy growing slowly, 'boring'

JACKSON — An expert says Mississippi’s economy is growing slowly but still lags behind the pace of the U.S. economy overall. State economist Darrin Webb spoke to lawmakers at the Capitol today. He says the state and nation have a “boring kind of economy” right now, with slow job growth and shaky consumer confidence. Webb says Mississippi was one of ...

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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. Mississippi’s economy is predicted to ...

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Poultry exec scoffs at MSU professors' post-Sandy predictions

WILMINGTON, Del. — The Delmarva peninsula’s poultry industry is up and running after emerging from Superstorm Sandy relatively unscathed. The Delaware Department of Agriculture said there was no significant flooding or poultry house damage, and that chicken farmers are generally in good shape. Feed trucks are back on the road, and poultry processing plants resumed operations Wednesday. Bill Satterfield, executive ...

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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 of the year. “It appears ...

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Economist: State shouldn't expect big boost from Isaac

JACKSON — State economist Darrin Webb says he does not expect Mississippi to see a surge in tax collections after Hurricane Isaac the way it did after Hurricane Katrina. “My thinking is that while in theory there may be some slight uptick in revenues as a result of Isaac, it will be inconsequential,” Webb told the Northeast Mississippi Daily Journal. ...

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Construction economist sees strengthened recovery for state

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 the BP oil spill will ...

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Economist: Health, education key to growth

JACKSON — For long-term economic gain, Mississippi needs a culture change that encourages people to put greater value on their own health and education, according to state economist Darrin Webb. He spoke in Jackson at the annual conference of the Mississippi Economic Policy Center, a group that advocates public policies to help people with low or moderate incomes. Webb said ...

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