ThinkSouth -- a weblog of the Center for a Better South

11.05.2009

11/5: LA, MS emerging from recession

Stateline: Louisiana, Mississippi among states emerging from recession

Eleven states and the District of Columbia seem to be emerging from the recession according to a new report. Moody's Economy also reported that the states, while still in recession, have seen the pace of their decline slow down, or moderate.

Energy production revenues helped states such as Alaska, Louisiana, Montana and North Dakota to stay afloat. Louisiana also boasts low business costs, ports that connect it to foreign markets, health care centers and military installations, all of which were well-positioned to weather the downturn.

Mississippi is in a similar position to Louisiana, according to Moody’s. That has allowed it to lure major investment, such as a Toyota plant in the northeastern part of the state.

Also in the South:

ALABAMA: State agencies laying off employees

ARKANSAS: House members reject proposed out-of-state travel rule

FLORIDA: NRA wants adoption agencies to ban questions about gun ownership of prospective parents

GEORGIA: New study shows rareness of Georgia floods

KENTUCKY: Gov. Beshear wants passage of slots bill by winter

LOUISIANA: State's delegation is a tough sell on health care overhaul

MISSISSIPPI: State's budget to receive "facelift" next year

NORTH CAROLINA: State's pork producers see effect of swine flu

SOUTH CAROLINA: New Medicaid pharmacy program saves state money

TENNESSEE: State legislators may dump $70 million biofuels project

VIRGINIA: Five state house seats gained by GOP


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