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Running the numbers on the Mississippi economy.

Publication: Mississippi Business Journal
Publication Date: 27-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Running the numbers on the Mississippi economy.(As I See It)

Article Excerpt
What shape is the Mississippi economy in? Or, perhaps a better question would be, how bad is it? As one might expect with anything as big and complex as a state economy, some parts are doing film while others are struggling.

Let's start with some positives. Tax collections are exceeding projections by as much as $230-million for the year. Obviously, our coastal areas are seriously wounded and taxes coming from those areas are a good bit lower than expected. Sales tax diversions back to the city of origin was down $2.5 million for Gulfport for the first six months of the fiscal year as compared to the same period last year. For Biloxi, the number was about $1 million less.

On another positive economic note, the elimination of the property tax on...

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