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State economic growth looks to be less than 1 percent in 2017

“August represented another example of the relative sluggishness that has characterized the Mississippi economy in 2017,” said the October edition of Mississippi’s Business prepared by the University Research Center of the Institutes of Higher Learning in Jackson.

The Research Center will soon release a wider economic examination in its third quarter Mississippi Outlook, but the Outlook’s author has not encountered any data indicating a change in a second quarter forecast of a full percentage point drop in the state’s Gross Domestic Product. “I don’t think we’ve seen too much change for Mississippi,” said Corey Miller, an economic analyst for the Research Center.

“Growth of less than 1 percent is what we’re still expecting for 2017,” said Miller, whose second quarter Outlook projected Mississippi’s economy will grow 0.9 percent in 2017.

Daily Journal

Posted October 13, 2017 - 6:42 am

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