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Tag Archives: economic impact

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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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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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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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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