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Tag Archives: economy

TYLER BALL: Business succession planning: The time is now

F amily-controlled businesses comprise between 80-90 percent of all business enterprises in North America (Source: J.H. Astrachan and M.C. Shanker, “Family Businesses’ Contribution to the U.S. Economy: A Closer Look,” Family Business Review, September 2003). And while it is estimated that nearly 40 percent of family businesses are passed successfully to a second generation, only a small fraction of them ...

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Webb: Government is state's top employer

JACKSON — State economist Darrin Webb says government is Mississippi’s largest employer these days. That’s a big change from 20 years ago, when manufacturing held the top spot in the state. Webb says Mississippi lost manufacturing jobs after the North American Free Trade Agreement was put in place in the 1990s. Webb told House Appropriations Committee yesterday that total employment ...

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Symposium to give forecast for the economy in 2014

What does the economy hold for 2014? An event in South Mississippi will look to answer that question. The Hattiesburg campus of the University of Southern Mississippi will present the Economic Outlook 2014 symposium Jan. 23 at the Thad Cochran Center. Hosted by the Southern Miss College of Business and the Trent Lott National Center, the event will run from ...

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MDA promotes Nash Nunnery

Mississippi Development Authority public relations specialist Nash Nunnery has been promoted to development specialist with the agency’s Entrepreneurial Center under the Existing Industries & Business Division. In his new role, Nunnery will help new and established Mississippi entrepreneurs with all aspects of their operation, from business plans to branding. Nunnery joined MDA in June 2010 as a research specialist in ...

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Bryant proclaims 2014 'The Year of the Creative Economy: Mississippi Homecoming'

JACKSON — Gov. Phil Bryant proclaimed 2014 as the “Year of the Creative Economy: Mississippi Homecoming” during a ceremony with renowned pianist Bruce Levingston, a Mississippi native. The “Year of the Creative Economy” will feature both ongoing events and new activities throughout the year and will highlight the state’s vast talent across the creative spectrum and the impact it has ...

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County sees most building permits since recession

DESOTO COUNTY — Single-family building permits across DeSoto County recorded for October put the county over the 730 total for all of 2012, which was the highest year for such permits since pre-recession years. Tom Haysley, deputy planning director for the county, says 82 single-family permits in October 2013 brought the year-to-date total to 733. The month’s number was a ...

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BILL CRAWFORD: There is no political will to fix PERS

By Bill Crawford Ask your favorite state or local officials if they have seen this statement: “A contribution rate of 16.29% of active members’ compensation for the 2014/2015 fiscal year would be needed in order to keep the anticipated accrued liability payment within 30 years in accordance with GASB Statements 25 and 27.” It’s at the bottom of Page One ...

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Big grant — big goal: Funding looks to bring back manufacturing jobs

The state is looking to recoup manufacturing jobs, and got good news lately with the announcement of the landing of a nearly $2 million federal grant. The U.S. Department of Labor awarded the grant to Mississippi State University and partners to fund projects to accelerate job creation and encourage reshoring of advanced manufacturing jobs that have moved overseas. MSU’s $1,931,935 ...

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