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Tag Archives: economic impact

Study: Ballet competition brought $10.2M into Capital City

JACKSON — The USA International Ballet Competition’s economic impact leaped into double-digit millions for the first time when it was last in Jackson, with the event’s $10.2 million impact on the state, a recently released study shows. Compiled by the University of Southern Mississippi’s Department of Economic and Workforce Development, the numbers offer an “apples to apples” comparison with figures ...

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NPS report shows economic impact of Vicksburg battlefield

VICKSBURG — A new National Park Service report shows that 581,459 visitors in 2010 spent $28.9 million in the Vicksburg National Military Park and in communities near the park. The NPS says that spending supported 449 jobs in the local area. Park Superintendent Michael Madell says the NPS report found 52 percent of the spending/jobs was related to lodging, food, ...

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New prison is expected to provide economic boost for region

YAZOO CITY — Federal officials have proposed spending $28.4 million next year to run a high-security federal prison in Yazoo City. Local and congressional officials hope the prison will boost the region’s economy. Federal justice officials tell The Clarion-Ledger construction of the 1,216-bed facility is nearly complete. They say it should be ready to open early next year. Low- and ...

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MDA reports tourism generated nearly $6B in expenditures in 2011

ACROSS MISSISSIPPI — Tourism in Mississippi generated expenditures of $5.97 billion from 20.8 million visitors in fiscal year 2011 (July 2010-July 2011), according to figures released by the Tourism division of the Mississippi Development Authority. During that same period, tourism contributed $438.4 million to the state’s tax coffers. These and other figures are available in the latest edition of the ...

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Significant impact expected from 44-mile Tanglefoot Trail

NORTHEAST MISSISSIPPI — New Albany businessman Travis Wiseman says he’s ready to see rails converted to trails. Wiseman’s Union Appliance and Furniture in downtown New Albany sits next to what will be the start of the Rails to Trails project. Wiseman expects a boost in traffic and business from the trail, which is expected to attract hundreds of local and ...

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Officials debate economic impact of 'The Help'

GREENWOOD — The Greenwood-Leflore-Carroll Industrial Foundation estimates that the filming of the hit movie “The Help” was a big help to the Greenwood area economy. Bill Crump, the foundation’s chairman, said the film’s production in Greenwood last summer brought $13 million into the community. Crump told The Greenwood Commonwealth that evidence of the economic effect was in banks and businesses ...

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Center assessing economic impact of oil spill

BILOXI — State experts are assessing the economic impacts of the Gulf of Mexico oil spill on the Mississippi seafood and other marine-related industries. Mississippi State University’s Research and Extension Center in Biloxi is conducting a survey to find out more about the economic well-being of marine-related businesses affected by the oil spill. Researchers need information from these industries to ...

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Study looks at economic impact of saltwater angling

GULF OF MEXICO — The Gulf States Marine Fisheries Commission (GSMFC) and NOAA are surveying saltwater anglers across the Gulf of Mexico to update and improve estimates of the overall economic contributions of saltwater recreational fishing to the Gulf and U.S. economy. This study is part of the 2011 National Marine Recreational Fishing Expenditure Survey. NOAA, GSMFC and the saltwater ...

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Study: Viking Classic has $22M impact on state

MADISON — Researchers at Mississippi State University have determined the Magnolia State’s only PGA Tour event, the Viking Classic, has an impact on the Mississippi economy in gross output or sales of approximately $22 million. Commissioned by the Mississippi Development Authority, the study surveyed about 2,500 attendees at the Sept. 27-Oct. 3 tournament at Annandale Golf Club in Madison. The ...

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