Business Blog

By Amy McCullough What are the largest sectors of Mississippi’s economy? * Government 17.5% * Manufacturing 15% * Retail 8.2% * Real Estate, Rental & Leasing 8.2% * Health Care & Social Assistance 7.3% For the first time, the MBJ has added “manufacturing” to its beat system. We look forward to exploring and analyzing the [...]

By Ted Carter Mississippi homebuyers could have another mortgage option this spring. The $1.7 billion Cadence Bank departed the mortgage market as the home lending crisis worsened. But with its planned acquisition by Houston banking investment group Community Bancorp, Cadence is mulling a revival of its mortgage business. “Yes, we hope to return to that,” [...]

By Ted Carter Renasant Bank is telling the Great Recession “you’re not the boss of me.” In fact, the recession hasn’t called many shots at all in the Tupelo boardroom of Renasant. The $4.2 billion banking company is ignoring the banking sector slowdown as it completes an acquisition and branch tri-fecta for the year. Renasant, [...]