Economic Growth

A strong economy is a core foundation of a healthy society. Since first taking public office in 2004, Governor Reeves has worked tirelessly to craft sensible policies that will grow Mississippi’s economy and improve the quality of life for all Mississippians.

Thanks to the smart, conservative policies that Governor Reeves implemented, Mississippi is in the best fiscal and financial shape in our state’s history. He championed a historic tax cut that bolstered job growth and attracted new businesses across the state. Governor Reeves worked to reduce Mississippi’s debt and fill our state’s Rainy Day Fund at the highest level in state history in case of disaster.

Now as Governor, he is executing policies that will continue to build Mississippi’s economic growth, attract new businesses, and create an economic environment that ensures all Mississippians thrive here at home.


Press releases:


Mississippi’s Unemployment Rate Hits a New Record Low for Third Consecutive Month

June 16, 2023

JACKSON, Miss. – The U.S. Bureau of Labor Statistics today announced that Mississippi’s unemployment rate reached a new record low in May 2023. May’s 3.2% unemployment rate marks the third consecutive month that Mississippi set a new record low.


Governor Reeves Announces Treasury Award for RESTORE Project on Gulf Coast

June 1, 2023

Governor Tate Reeves today announced that the U.S. Department of the Treasury has issued a grant award for a Mississippi Restore Project. The project was initially approved by Governor Reeves and will support infrastructure upgrades on the Gulf Coast.


Mississippi Unemployment Rate Sets New Record Low

April 24, 2023

JACKSON, Miss. – Governor Tate Reeves today announced that Mississippi’s unemployment rate has reached a new record low of 3.5% as of March, 2023.


Governor Tate Reeves Signs Legislation Finalizing Largest Economic Development Deal in State History

November 17, 2022

Governor Tate Reeves today signed legislation that finalizes the largest economic development deal in state history. Steel Dynamics, Inc., its subsidiaries, and its partners will be investing $2.5 billion into Mississippi. The deal will lead to the creation of 1,000 jobs with an average salary of $93,000.


Governor Tate Reeves Releases Fiscal Year 2024 Executive Budget Recommendation

November 15, 2022

Governor Tate Reeves today released his Fiscal Year 2024 Executive Budget Recommendation. The Budget Recommendation highlights an agenda focused on fueling Mississippi’s economic engine, strengthening education and equipping Mississippi’s workforce with the skills needed to live fulfilling lives, heightening efforts to protect Mississippians and combat crime, and building a culture of life that makes it easier to raise a family.

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