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.

Related

Press releases:

Press

Mississippi Second in Nation for Prime Working-Age Employment Gains Since 2020

August 3, 2023

JACKSON, Miss. – A report from Pew highlights Mississippi as having the second highest gains in the nation in its employment rate for prime-age workers between Q1 2020 and Q1 2023. Prime-age workers are individuals between the ages of 25–54.

Press

Mississippians See Nearly $8,700 Raise in Per Capita Personal Income

July 10, 2023

JACKSON, Miss. – Governor Tate Reeves today announced that Mississippians have seen per capita personal income in Mississippi rise by $8,696 since 2019, according to the U.S. Bureau of Economic Analysis and Federal Reserve Bank of St. Louis. This represents an over 22% pay raise for Mississippians. This increase is more than double the growth in per capita personal income seen in the previous four years for Mississippi.

Press

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.

Press

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.

Press

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.

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