Even though carnival season lasts just over a month, the impact for local businesses is more long-term. Thousands of tourists and locals pour into boutiques, restaurants, bars, and other businesses along parade routes, boosting revenue by double digits. For new businesses, like the coffee and tea spot Coast Roast in Gulfport, it’s not just about […]
An expert says Mississippi’s economy is growing at a modest pace, but continues to lag behind the national average. Today, state economist Darrin Webb told lawmakers Mississippi has struggled to gain momentum since 2000. The state had the second lowest workforce participation rate in the nation in 2016. Only 56 percent of Mississippi residents who […]
The Mississippi Gulf Coast Marathon drew huge crowds to our area. They got the chance to enjoy the scenery and had plenty of time to see what else the Coast has to offer. News 25’s Hank Davis takes a look at the event’s impact, which will last long after the race has been run. With […]
Universities are an integral part of our state’s economy. Just how much money does our USM satellite campus generate for us on the Coast? That’s what University of Southern Mississippi officials addressed at an Economic Vibe meeting this morning. Some of the notable statistics include the fact that the USM Gulf Park campus generates $115.6 […]
Chiquita Brands International returns to Gulfport after operating in New Orleans for the past two years. News 25’s Kendra Turley gives us an inside look at the arrival and expansion of the company’s return to the Port of Gulfport. Employees watched proudly from ashore as the produce distributor Chiquita made its official return to Gulfport. […]
A new opportunity for local professionals, businesses and startups is makings its way to Biloxi. Today, the Junction Coworking and Community open house was underway. The woman behind the idea, Jana Franco, hopes that she’ll be able to provide a multi-purpose space that offers business solutions, networking opportunities and an area for local companies to […]
The Mississippi Tax-Free Holiday is quickly approaching. Starting this Friday and into the weekend, shoppers will not have to pay the state’s seven percent sales tax on certain goods, namely most school supplies, which is good news for parents. News 25’s Gina Tomlinson gives us a sneak peek at some of the deals coming up. […]
Mississippi’s economic growth trailed the national average in 2015, however improved since 2014. Mississippi’s economy grew point-seven percent in 2015 compared to a point three percent decrease in output the previous year. Growth was led by agriculture and non-durable goods manufacturing. Nationwide, economic output rose two point four percent in 2015.