Articles Archive

Mississippi in for slow recovery

January 25, 2011

"The economy has turned the corner, but for many workers what lies ahead will not be much different. The state’s unemployment rate averaged 10.9% in the first three quarters of 2010, and will remain above 10% for months to come as small gains in several economic indicators fail to transla...




Mississippi’s budget woes are not among the worst

January 27, 2011

An article in the Sunday New York Times (January 23, 2011) about the budget woes of various states as a result of the Great Recession does not include Mississippi among the most troubled.  The article indicated that Mississippi is likely to have a FY2012 shortfall of about 14.1% of the FY2...




Federal Reserve Bank of Atlanta has some encouraging news for Mississippi

January 27, 2011

A report published by the Federal Reserve Bank of Atlanta (“The Southeast in 2011”) contains some potentially good news for the Mississippi economy.  The report argues that while “Mississippi has been slow in regaining jobs,” the good news is that &a...




Institute for Supply Management Report Shows Growth in Manufacturing

February 1, 2011

"The manufacturing sector grew at a faster rate in January as the PMI registered 60.8 percent, which is its highest level since May 2004 when the index registered 61.4 percent” (January 2011 ISM Report on Business).   The Institute for Supply Management released its Janu...




Center on Budget and Policy Priorities looks back at the Great Recession

February 9, 2011

Amidst much debate regarding what actions should and should not be taken by government (Federal, State, and Local) entities, the CBPP has posted a very informative look back at the Great Recession.  Their data clearly shows the depth of this recession and the reasons for the anticipated sl...




Pew Research Center finds changing views of Federal spending.

February 14, 2011

A new report by the Pew Research Center for the People and the Press finds the public’s opinion about Federal spending is beginning to change, but there is still little passion for large budget cuts, particularly at the state level.  According the report, “The s...




Federal Reserve Bank of San Francisco suspects higher “natural rate” of long term unemployment

February 15, 2011

  “Mounting evidence suggests that structural factors may have increased the “normal” rate of unemployment to about 6.7%. Much of this increase is likely to be temporary. In particular, the extension of unemployment benefits probably accounts for about half of ...




Kauffman survey of economic bloggers reveals some economic optimism

February 18, 2011

“After a year of increasing pessimism about the U.S. economy, the country's top economics bloggers see a bit of hope on the horizon in 2011, according to a new Ewing Marion Kauffman Foundation survey released today”.    As the graph below shows, most st...




The Wisconsin tax battle

March 1, 2011

“When it comes to improving public understanding of tax policy, nothing has been more troubling than the deeply flawed coverage of the Wisconsin state employees' fight over collective bargaining.  Economic nonsense is being reported as fact in most of the news reports on ...




Robert Barro on Unions vs. the Right to Work

March 1, 2011

“The current pushback against labor-union power stems from the collision between overly generous benefits for public employees— notably for pensions and health care—and the fiscal crises of state and local governments. Teachers and other public-employee unions went too...