Mississippi Economy Shrank Almost 1 Percent in 2011

By: The Associated Press
By: The Associated Press

Mississippi dipped back into recession in 2011, with overall economic output shrinking 0.8 percent, according to federal figures released Tuesday.

Mississippi was one of only six states where the economy contracted last year, along with Alabama, Hawaii, Maine, New Jersey and Wyoming.

The state's gross domestic product, all the goods and services produced by the private and public sectors, fell to $84.3 billion.

That remained below the peak of $87.1 billion in 2007.

The figures are measured in 2005 dollars to account for inflation.

Mississippi recorded the lowest per capita economic output at $28,293 per person, compared to a national average of $42,070.

Mississippi performed worse than all but Wyoming. That state's economy contracted 1.2 percent.

North Dakota grew fastest at 7.6 percent, thanks to an oil boom.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by planet earth on Jun 7, 2012 at 03:42 PM
    Red state. enough said.
    • reply
      by Not Surprised on Jun 8, 2012 at 01:15 PM in reply to planet earth
      Every state is suffering due to the idiot in chief!!!
  • by Who's to blame? on Jun 5, 2012 at 12:21 PM
    So how is 8 years of Republican leadership working for you? Who is to blame now? Where is our leadership? The lowest economic output in the nation and our focus is on voter ID, personhood, abortions, immigration. Geez, it's like the blind leading the blind.
  • by Not Surprised Location: Lauderdale County on Jun 5, 2012 at 10:54 AM
    Still liking that hoax and chains folks????
WTOK-TV 815 23rd Ave Meridian, Ms. 39301 Phone: (601) 693-1441
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 157249565 - wtok.com/a?a=157249565
Gray Television, Inc.