Home » OPINION » Columns » MBJ Editorial
Where we are

MBJ Editorial

Somewhere between wishful thinking and the cold, hard truth, there is useful reality.

That is where we find ourselves when discussing the Mississippi economy. Don’t believe the sunny optimism or doom-and-gloom naysayers. Things aren’t great, but they’re not so bad either.

A report commissioned by the Mississippi Economic Council and conducted by GodwinGroup was released last week, and it details where business leaders and a random sample of Mississippians think we are economy-wise. A few key findings from the study:

• Like the U.S., Mississippi has faced a downturn — but business leaders are positive about the future.

• Both business leaders and citizens are positive about the direction in which Mississippi is headed.

• In addition, business leaders and citizens believe the economy is headed for a turnaround within the next couple of years.

• Businesses are acutely aware of infrastructure needs, particularly roads and school facilities.

• Business leaders continue to have difficulty finding and retaining quality employees — listing work skills and ethics/dependability as key.

• Overall, the study found that there are really two issues in Mississippi — jobs and education. Businesses list education and jobs. Citizens list jobs and education.

One other factor, “…lawsuit abuse and judicial reform (tort reform issues) are moving back onto the business radar screen.” In fact, “43.2% of businesses say the threat of lawsuits or lawsuits are a serious problem for their business.”

The findings of this recent economic survey are encouraging — for the most part. We need to stay excited about the opportunities available to business and industry in Mississippi, but remember that they will be squandered if we lose focus or fail to take advantage of them, instead clinging to the miserable status quo and “business as usual” attitudes.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Staff Writer

Leave a Reply

Your email address will not be published. Required fields are marked *

*