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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

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%.   Mar. 27, 2015 More»

February 2015 new orders for manufactured goods decreased 1.4%, to $231.3 billion. Unfilled orders decreased to 0.5% and inventories increased to 0.3%.    Mar. 25, 2015 More»

February 2015 sales for new single family house were 539,000 at a seasonally adjusted annual rate(SAAR), up 7.8% from January 2015 and up 24.8% from February 2014.    Mar. 24, 2015 More»

The U.S. current account deficit increased to $113.5 billion in fourth quarter of 2014. The deficit increased to 2.6% of current dollar gross domestic product(GDP) from 2.2% in the third quarter of 2014. Mar. 19, 2015 More»

January 2015 business inventories were $1,761.7 billion, unchanged from December 2014 but up 3.4% from January 2014.    Mar. 12, 2015 More»

February 2015 retail and food services sales were $437 billion, a decrease of 0.6% from January 2015 but up 1.7% from February 2014.    Mar. 12, 2015 More»

January 2015 wholesale inventories were $548.7 billion, up 0.3% from December 2014. Sales were $433.7 billion, down 3.1% from December 2014.   Mar. 10, 2015 More»

January 2015 international trade deficit decreased to 8.4% from December 2014, to $41.8 billion. Exports and imports decreased to 2.9% and 3.9% respectively.   Mar. 6, 2015 More»

January 2015 new orders for manufactured goods decreased 0.2%, to $470.0 billion. Unfilled orders and inventories decreased to 0.2% and 0.4% respectively.   Mar. 5, 2015 More»

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»

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 1.0900
Pound 1.4886
Yen 0.0084
Yuan 0.1609
Canada $ 0.7928
Hong Kong $ 0.1289
Gold 1,197.00
Stock Market
DJIA 17,712.66
NASDAQ 4,891.22
S&P 500 2,061.02
Lending Rates
Fed Funds 0.25
3 Month Libor 0.27
Prime 3.25
U.S Treasury Rates
3 Month 0.000
2 Year 0.500
5 Year 1.375
10 Year 2.000