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News Wire

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Feature Topics

December 2012 Agriculture & Natural Resources Industry Report

Agriculture remains a prime economic engine in Mississippi, representing approximately 24% of the state's revenue (or over $7 billion) and providing approximately 29% of its jobs. Although agriculture is risky, subject to weather events and pest infestations, it remains the most necessary of vocations: of the 7 billion people in the world today, approximately a billion are malnourished. read more...

Readers Comments

We were privileged to participate in this roundtable discussion and hope that you will benefit from the summary printed in this publication.

Beth Howell Hansen, Chief Executive Officer
Mississippi Association of REALTORS

Economic Indicators

January 2015 personal income and disposable personal income was up 0.3% and 0.4% respectivey. Personal consumption expenditures was down 0.2%.   Mar. 2, 2015 More»

January 2015 construction spending was $971.4 billion, down 1.1% from December 2014.               Mar. 2, 2015 More»

Real gross domestic product(GDP) increased at an annual rate of 2.2% in the fourth quarter of 2014. In the third quarter of 2014, real GDP increased by 5.0%.   Feb. 27, 2015 More»

January 2015 building permits were at a seasonal adjusted annual rate(SAAR) of 1,053,000, down 0.7% from December 2014. Housing were at a SAAR of 1,065,000, down 2.0% from December 2014.    Feb. 18, 2015 More»

January 2015 retail and food services sales were $439.8 billion, down 0.8% from December 2014 but up 3.3% from January 2014.    Jan. 12, 2015 More»

December 2014 business inventories were $1,764.4 billion, up 0.1% from November 2014 and up 3.9% from December 2013.    Jan. 12, 2015 More»

December 2014 sales were $449.8 billion, down 0.4% from the revised November 2014. Wholesale inventories increased to $547.6 billion, up 0.1%.    Jan. 10, 2015 More»

December 2014 international trade deficit increased to 17.1% from November, to $46.6 billion. Exports decreased to 0.8% and imports increased to 2.2%.    Feb. 5, 2015 More»

December 2014 new orders for manufactured goods decreased 3.4%, to $471.5 billion. Unfilled orders and inventories was down 0.8% and 0.3% respectively.   Feb. 3, 2015 More»

December 2014 construction spending was $982.1 billion an increase of 0.4% from November, 2014.   Feb. 2, 2015 More»

December 2014 personal income and disposable personal income was up 0.3% respectivey. Personal consumption expenditures, down 0.3%.   Feb. 2, 2015 More»

Tax Corners

Tax Tips

New markets vs. minding the store: Some companies pursue growth just for the sake of higher sales, more outlets, etc. Don't fall into the trap. Managing several stores can be much more challenging that operating just one or two. The same is true of multiple product lines. More than one business has failed because it expanded too rapidly. And many entrepreneurs are great a starting a business but not at managing growth. You might be able to outsource some of the workload such as order fulfillment, manufacturing, etc. Or even license a product that's not part of your core business. Before committing to expansion plans, get good advice and make sure you and your employees have the skills to handle the larger business.     read more...

Market Snapshots

Currencies US $
Euro 1.1076
Pound 1.5261
Yen 0.0083
Yuan 0.1594
Canada $ 0.8055
Hong Kong $ 0.1289
Gold 1,198.70
Stock Market
DJIA 18,096.90
NASDAQ 4,967.14
S&P 500 2,098.53
Lending Rates
Fed Funds 0.25
3 Month Libor 0.26
Prime 3.25
U.S Treasury Rates
3 Month 0.000
2 Year 0.500
5 Year 1.3750
10 Year 2.000