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Tag Archives: recession

It will be ideas that solve problems created by new technology

The Associated Press recently moved a provocative series about the changing landscape for jobs in the United States. It made a good case that middle-class jobs eliminated by technology and the recession aren’t coming back. This is not the first time to hear such dire warnings. Imagine the fuss in the horse carriage industry 100 years ago as it tried ...

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IHL report finds 20 percent chance for recession

JACKSON — The Mississippi Economic Outlook, first quarter 2013 edition, is now available online at www.mississippi.edu/URC. Published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), the Outlook presents the state economic forecast, including detailed employment forecasts by sector. Regional, national and international developments impacting the state economy are examined. A report on the ...

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The fiscal debacle: Government working as was truly intended?

Is the fiscal cliff scenario a failure of our system of government or government functioning as intended? One need not venture far these days to hear a fairly common assessment of the current state of affairs pertaining to government in the nation’s capital. Usually, references are made to a totally broken governing mechanism. Furthermore, the befuddled average citizen often lays ...

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Vicksburg's Anderson-Tully Company sawmill lays off 80 humans

VICKSBURG — Anderson-Tully Company is shutting down a second shift at its Vicksburg sawmill and is laying off 80 employees by Jan. 4. The company tells the Vicksburg Post that the move has been in the works for two months because of a depressed housing market. “This is a core business decision to right-size production to match market demand,” company president ...

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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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Report forecasts state to see 'slow but improving' growth

JACKSON — The November issue of the Mississippi Economic Outlook, a quarterly publication, is now available. Published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), the Outlook presents the state economic forecast for 2012 to 2017, and includes detailed employment forecasts by sector. Regional, national and international developments impacting the state economy are ...

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Report: Coast businesses more optimistic on economy

Director of research and policy Scott King and the Gulf Coast Business Council Research Foundation have released the quarterly CEO and Business Owners Confidence report for the third quarter 2012. “Business leaders see a modestly improving Gulf Coast economy,” said Jack Norris, president of the Gulf Coast Business Council. “It will be interesting to conduct the next CEO and Business ...

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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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FNC index shows U.S. home prices still rising

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new homes) in the 100 largest ...

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