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Economic Development

Walmart hires in Mississippi grow during COVID-19

By LYNN LOFTON As one of the state’s leading employers, Walmart has a total of 85 retail outlets that includes 65 super centers, three discount stores, 10 neighborhood markets and seven Sam’s Clubs in Mississippi. As of January 31, the company had 23,313 employees. No exact figures were available for Mississippi, but that number has undoubtedly grown due to the ...

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PHIL HARDWICK — Economic development Q&A

May is the month of graduations and the month that the week of economic development is recognized nationally and in Mississippi. Graduates who are considering a career in economic development often ask the questions listed below. First, what is economic development? It is the process of increasing the wealth of a community. Some definitions refine it by adding things like, ...

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Hotels treading water in Coronavirus tide

By JACK WEATHERLY Hotels across Mississippi and the nation are treading water as they wait for the Coronavirus tide to recede and the economy to fully reopen. Occupancy ranges from single digit percentages to low 20 percentages, according to two lodging associations in Mississippi. Target occupancy rates are 60 to 70 percent “at the very least” said Pat Fontaine, executive ...

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Buras named Public Works Director for Hancock County Port & Harbor Commission

The Hancock County Port and Harbor Commission recently announced that James Buras has been named Director of Public Works. In his role, he is responsible for a variety of duties to include overall responsibility for facility life cycle planning, permitting, design, engineering and construction, and maintenance of HCPHC assets. He will also manage all Port & Harbor grant programs on ...

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Mississippi businesses received $2.4 billion in first round of SBA PPP funding

By BECKY GILLETTE Mississippi District Director Small Business Administration Janita R. Stewart said here in Mississippi, about 280 in and out-of-state bank and non-bank lending institutions participation in the first round of Payroll Protection Program making 20,784 loans for $2,481,000,606 billion to Mississippi businesses and non-profits. “During round 1 of PPP, an astronomical number worth a total of 14 years ...

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Communities win Excellerator Grants from Entergy

Entergy has awarded communities more than $100,000 in matching grants through the company’s Excellerator Competitive Communities program. In its fourth year, the program recognizes excellence in marketing, site readiness and organizational excellence. “These grants are more important than ever as we work to help Mississippi recover from the economic impacts of COVID-19,” said Ed Gardner, Entergy Mississippi director of business and economic ...

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Swift, deep declines ahead for Mississippi economy but rebound seen for 2021

SPRING OUTLOOK IS FOR 30.4% DROP IN STATE GDP THIS QUARTER By TED CARTER The spring 2020 outlook for Mississippi’s economy is for a dire near-term future as the coronavirus pandemic continues its ghastly spread. By the time Mississippi rings in the New Year, around 73,000 of its residents will have lost jobs, for a 6.3 percent increase in overall ...

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Stack of challenges await Delta Council annual meeting reset for fall

LEADERS CITE PROGRESS ON YAZOO BACKWATER DRAINAGE EFFORT EDITOR’S NOTE: Delta Council President Tom Gresham made the following clarification to this article: In the reporters third person account of the project, he made the following statement: “The Council would like to see an additional 200,000 acres in the South Delta planted but first must prevail in a decades-long effort to ...

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Survey of state businesses identifies Covid-19 concerns

Financial worries, uncertainty about COVID-19 recurrence, employee resources and consumer confidence top the list of concerns reported by more than 1,000 business decision-makers surveyed across the state. The joint survey was conducted by the Mississippi Economic Council, Mississippi Manufacturers Association and Mississippi Economic Development Council to gain insight from business leaders and owners. More than 1,000 respondents representing a wide ...

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Delta’s Double Quick in new hands after sale to S.C. buyers

The dozens of Double Quick convenience stores that are a fixture of the Mississippi Delta got new owners in a transaction that closed April 23. Don’t worry. You won’t have to get used to a new name, new signage, new store décor or new cashiers. Current store locations and the Double Quick corporate store workforce will remain, said Tom Gresham, ...

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