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Economic Development

Online sales tax collections would entail revamp of state system

Forcing online retail giants like Amazon and Overstock to collect sales taxes from customers would require a tradeoff that Mississippi is not yet prepared to make. On one hand, the state could gain in the neighborhood of $300 million annually. But on the other, it would need to revamp its sales tax system to meet the specification set by Congress, ...

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Study: Georgia immigration law brought crop losses of $181M

Georgia’s new law cracking down on undocumented migrant workers in the state caused eight of 10 growers of perishable fresh fruit and vegetable crops to see labor shortages this spring, a Georgia Department of Agriculture survey found. An analysis of the survey by the University of Georgia put overall losses to the agricultural industry at more than $180 million and ...

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Shifting sand

Barrier islands’ health crucial to economy Two of the state’s four barrier islands, which are the keys to both the Coast’s ecology and economy, are in jeopardy, and state and federal agencies are now in a race with time and nature to reverse the damage. The operation is focused on the most threatened island, Ship Island, but authorities are also ...

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Mississippi agriculture industry vows new fight against migrant crackdown

With Southern governors and legislatures in a hurry to enact strict immigration enforcement measures, worries have arisen across the region that farm crops will wither in the fields without enough migrant workers to harvest them. That prospect has set up a potential fight in Mississippi between legislators who want to take a hard line against undocumented immigrant workers and agricultural ...

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Jackson mourns loss of Parlor Market owner

Noone fulfilled dream in downtown Jackson Craig Noone, chef and owner of Parlor Market restaurant, knew that a thriving downtown needs thriving restaurants. Noone fulfilled his lifelong vision of opening a restaurant and did it successfully while being part of downtown Jackson’s revitalization efforts. Noone’s death Oct. 14 from a car crash is a loss for the city and particularly ...

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Experian gives Jackson nation’s 2nd worst credit score

Jackson can be thankful for Harlingen, Texas. Without Harlingen, the Mississippi capital would have the nation’s worst Experian credit score. The credit reporting bureau gives Harlingen a national low of 686 and Jackson a second place 701, based on the credit history of residents. Corpus Christi, Texas, is knocking at the door of second-place, with a score of 702. The ...

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Sales tax growth ‘very worrying,’ Ms. senior economist warns

That spring dip in both the national and Mississippi economy lingered in the Magnolia State through the summer, causing Mississippians to slow their retail spending. September spending showed a slight rise but still fell short of estimates. The state Department of Revenue reports sales tax revenues for July and August dropped below the same months of the previous year and ...

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Business leaders’ Blueprint 2011 puts priority on Creative Economy effort

Mississippi’s strengthened economic development position has equipped it to become a player in the “Creative Economy,” a pursuit that involves fostering the creation and expansion of knowledge-based business that range from high-tech to film making to capitalizing on the Magnolia State’s cultural and historic heritage. So says the Blueprint Mississippi 2011 in a list of recommendations and goals issued this ...

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Push for ‘personhood’ creates uncertainty for state businesses

Casting the human embryo into the Mississippi Constitution as a living person promises to bring “drastic change” to the way medicine is practiced in Mississippi, the president of the Mississippi State Medical Association predicts. The unknowns are immense, but you could see physician defections to other states and a migration of patients to Tennessee, Arkansas and other border states, says ...

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Hotel deal seen as lifeline for Jackson Convention Complex

Jackson Mayor Harvey Johnson Jr. is clear about why he worked hard the last several months to broker a $96 million deal to get a convention headquarters hotel built. It’s a rescue mission — pure and simple, according to Johnson, who said he fears the city’s not-yet 3-year-old Convention Complex will soon begin withering and the area around it will ...

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