Mississippi Economic Growth Lags Behind Rest Of U.S.

Chicot Memorial

JACKSON, MS (Ben Caxton) — Economic growth in Mississippi’s three metropolitan areas lagged the national average in 2017. Figures from the U.S. Commerce Department show the economy shrank in the Gulfport-Biloxi-Pascagoula metro area and grew slightly in Jackson and Hattiesburg. The Mississippi Gulf Coast economy shrank 2.3 percent with declines in government, construction, and tourism after growing 5.3 percent last year; Jackson grew 0.5 percent, led by retail and wholesalers and Hattiesburg’s economy grew 1.4 percent, led by professional and business services, health care and education. Memphis and its northern Mississippi suburbs grew 0.4 percent as metro areas nationwide grew 2.1 percent.

 


RECOMMENDED FOR YOU

Be the first to comment on "Mississippi Economic Growth Lags Behind Rest Of U.S."

Leave a comment

Your email address will not be published.


*