May revenue fails to hit estimates

DATE:  May 31, 2011
 
STATEMENT OF GOV. BARBOUR ON MAY REVENUE
 
“Mississippi’s preliminary revenue for May fell 0.52 percent, or $1.8 million, below the estimate. While this is a small shortfall, it is consistent with a slowdown in economic growth that is being seen around the country. As economic growth has begun to lag, we are blessed that year-to-date revenue is about $38 million above the revised estimate.”