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State economists predict slowly improving economic growth

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Updated: 1/17 7:53 pm
JACKSON, Miss. (WTVA) — State economists predict slowly improving economic growth in Mississippi during 2013.

That assessment came in the first economic forecast of the year from the Institutions of Higher Learning.

They indicate the two percent increase in the Social Security payroll tax will contribute to a slow start to the economy. 

However, economists expect job creation to pick up during the middle of the year with help from the health care and manufacturing sectors.

Economists did express concern about a drop in business and professional services jobs.  While the number of them went up nationally in 2012, the number in Mississippi fell.

They say the decline is either being caused by a lack of demand for those services or people are turning to out-of-state firms to handle the work.

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