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Economic growth 2.4 % percent in Mississippi in 2016

After several years of negligible economic growth in Europe, over the previous 12 months European economic growth has taken off, and analysts expect the region to grow between 1.7% and 1.5% during 2015.
One of the main economic success stories over the past 12 months has been the european Economic growth story.
This should not come as a surprise: the Eurozone’s current growth rate of close to 2% is well above its potential output growth rate (estimated at 1.1-1.2% p.a.)
Economic growth is expected to clock in at 2.8% this year, down slightly from last year’s 3.2% but still robust.
UBS: European Economic Growth May Have PeakedAccording to a research report published by UBS’s European economics analysts today, higher inflation and tighter financing conditions in the context of ECB tapering may mean that the region’s economic cyclical peak lies in the first half of 2017.

European Economic Growth

Eleven states outpaced the Massachusetts growth rate last year, including New Hampshire, which expanded at a 3 percent rate.
In Massachusetts, the professional, scientific and technical services sector accounted for more than a fourth of economic growth in 2016.
U.S. gross domestic product increased 2.6 percent in 2015, and Massachusetts GDP rose 3.7 percent that year.
Washington and neighboring Oregon topped the state list, with GDP growth rates of 3.7 percent and 3.3 percent, respectively.
The 2016 figures represent slowdowns for both the state and the country.

according to

Mississippi’s Slow Economic Growth Picks up a Little in 2016

Economic Growth

Gross domestic product numbers released Thursday by the federal Bureau of Economic Analysis measure all the economic output of each state.
(AP) — Economic growth accelerated in Mississippi in 2016, but still trails the national average.
State economist Darrin Webb had predicted 2016 growth of 2.4 percent.
Mississippi’s economy grew 0.8 percent in 2016, compared to a 0.3 percent increase in 2015.
Nationwide, economic output rose 1.5 percent during 2016.. The 2016 figures represent slowdowns for both the state and the country.
Economic growth is expected to clock in at 2.8% this year, down slightly from last year’s 3.2% but still robust.

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