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:


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.


Rocket Lab Launches Mississippi Operations

November 4, 2022

Rocket Lab today held a ribbon-cutting ceremony marking the start of its Mississippi operations. In September 2022, Rocket Lab announced that it would be locating an engine test facility for its new large rocket, Neutron, at NASA’s Stennis Space Center. Rocket Lab’s decision to test rocket engines in Mississippi will lead to significant capital investment and create dozens of jobs in Hancock County.


Mississippi Finalizes Largest Economic Development Project in State History

November 2, 2022

Gov. Tate Reeves and the Mississippi Legislature today finalized the largest economic development project in state history. This $2.5 billion corporate investment by Steel Dynamics, Inc., its subsidiaries, and its partners expect to create 1,000 jobs with an average salary of $93,000 in Lowndes County.


Governor Reeves Announces Special Session to Finalize Largest Economic Development Deal in State History

October 31, 2022

Governor Tate Reeves today announced that he is calling a special session to finalize the largest economic development deal in Mississippi history.


Mississippi Receives Silver Shovel Award for Economic Development Excellence

June 8, 2022

– The state of Mississippi has once again been recognized by Area Development magazine with a Silver Shovel Award. The award is a tribute to Mississippi’s economic development success in 2021 and showcases the continued efforts of the state to foster new business investments and build a pro-growth economic environment.

Scroll to Top