MS among states seeing income slowdown - WLOX.com - The News for South Mississippi

MS among states seeing income slowdown

JACKSON, MS (WLOX) -

JACKSON, MS (AP) - Mississippi joined 40 other states in registering a slowdown in personal income during the third quarter.

The federal Bureau of Economic Analysis said Friday that personal income in the state, in comparison with the second quarter, grew 0.4%. Mississippi's personal income grew 1.7% during the second quarter.

Much of the drop is blamed on income declines in construction, real estate and government and weak growth in the finance sector.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

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