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Tag Archives: economic impact

MDOT study: State's airports generate $2.5B-plus in economic activity

ACROSS MISSISSIPPI — According to a recent study by the Mississippi Department of Transportation (MDOT), the state’s 73 airports generate more than $2.5 billion annually in economic activity, provide vital connectivity links enabling businesses to function more efficiently and improve the quality of life for residents in airport communities. “This study indicates how substantial the aviation industry is to Mississippi,” ...

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Report: Keesler's economic impact exceeded $1B last year

BILOXI — Keesler Air Force Base’s total economic impact for fiscal year 2013 was more than $1.1 billion. The figure was finalized as base officials completed the annual process of data assimilation and validation. In addition to employee payroll figures and construction and purchases ($592 million), the total economic impact includes military retiree pay and the value of volunteer services ...

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Officials report on economic impact of tourism

Tourism officials gather yesterday in Jackson for the Mississippi Tourism Association’s “MTA Day at the Capitol,” and they had some significant numbers to share. Visitors spent more than $6.25 billion in Mississippi last fiscal year (July 2012-June 2013) as the travel and tourism industry continues to have a major impact on the state’s economy. The Mississippi Tourism Association and Mississippi ...

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NPS releases economic impact study of Natchez Trace

TUPELO — A new National Park Service (NPS) report for 2012 shows that 5.6 million recreational visitors to the Natchez Trace Parkway spent $125.9 million in the communities surrounding the Park. This spending supported over 1,550 jobs in the local area. The peer-reviewed visitor spending analysis was conducted by Catherine Cullinane Thomas and Christopher Huber, U.S. Geological Survey economists, and ...

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Tourism officials to gather for 'MTA Day at the Capitol'

The tourism agency will take center stage tomorrow in the Capital City. The Mississippi Development Authority’s Tourism Division will join the Mississippi Tourism Association for “MTA Day at the Capitol.” Beginning tomorrow at 2 p.m. in the rotunda of the State Capitol Building in Jackson, tourism professionals from around the state will converge to tout the economic impact and importance ...

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City council to get impact study of baseball stadium

BILOXI — An economic analysis of the potential impact of a downtown minor league baseball stadium is expected to be presented at Tuesday’s Biloxi City Council meeting. The Sun Herald reports Ron Peresich, an attorney representing Biloxi, has notified council members Johnson Consulting should have the study ready by Monday and will make a presentation at the meeting, which will ...

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University pushes numbers, touts domed stadium

JACKSON — Jackson State University says building a domed stadium would create nearly $65 million in personal income and more than $7 million in revenue for the school in its first year of operation. The Clarion-Ledger reports the claim was made in an economic impact analysis released late last week by the university. David Hoard, Jackson State vice president of ...

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Association report: Rolling out lager is big business

ALEXANDRIA, Va. — A new economic impact report released by the National Beer Wholesalers Association (NBWA) titled America’s Beer Distributors: Fueling Jobs, Generating Economic Growth & Delivering Value to Local Communities provides the first-ever comprehensive report on beer distribution companies’ total impact on national and state economies. The report, produced by Dr. Bill Latham and Dr. Ken Lewis of the ...

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Study measures economic impact of intellectual property

JACKSON — A national study shows intellectual property (IP)  is a huge contributor to Mississippi’s economy and thus directly indicates the importance of protecting intellectual property rights through enforcement, Attorney General Jim Hood reports. The state intellectual property jobs study, titled “IP Creates Jobs for America,” was released by the Global Intellectual Property Center at the U.S. Chamber of Commerce. ...

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