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Tight budgets could limit economic development.

Publication: Mississippi Business Journal
Publication Date: 28-JAN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
[ILLUSTRATION OMITTED]

Gov. Haley Barbour's State of the State address January 21 outlined his intent to install a tax cut before he leaves office and highlighted the record employment level the state has achieved.

And with new businesses like the Toyota Plant near Tupelo and SeverCorr's steel plant in Columbus, there is reason for optimism.

But his message about economic development for the short-term wasn't as positive. With the national economy's weakening and fears of a recession gathering, states are finding that their budgets will have to be tightened,...

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