economy

Governor Tate Reeves announces Department of Revenue appointment

JACKSON — Today, Governor Tate Reeves announced Chris Graham as his appointment for Commissioner of the Mississippi Department of Revenue (DOR) to ensure Mississippi's continued financial stability. Chris has a proven history of fighting for our state and handling complex administrative and accounting…

Business is brewing again in Downtown Biloxi

Business hasn’t yet reached a fever pitch in Downtown Biloxi, but business is brewing and picking up tempo in the area. Something’s brewing once again in Downtown Biloxi: business! Just ask these local coffee shop owners. Greenhouse Biloxi Co-owner Jessie…

Slow economic recovery expected for Mississippi

The state economist says Mississippi can expect a long, slow economic recovery from the shock of job losses and the steep decline in commercial activity tied to the coronavirus pandemic. Darrin Webb spoke to legislators Tuesday. He says that at…

State Legislature to reconvene Tuesday; economy is on agenda

Mississippi senators will receive a full briefing on the economic outlook of Mississippi and revenue projections when the 2020 Legislative Session reconvenes next week, according to a press release from Lt. Gov. Delbert Hosemann. State Economist Dr. Darrin Webb and…

Governor Reeves wants to open up more of the economy

Governor Tate Reeves is once again urging Mississippians to stay home to help fight the spread of the coronavirus following another day of increased deaths in the state. Reeves stressed in his press conference this afternoon that it is not…

Governor Tate Reeves forms Coronavirus economic recovery group

JACKSON, Miss. (AP) — Mississippi’s governor has formed a commission of private-sector business leaders tasked with making recommendations on how the state can economically recover from the coronavirus pandemic. Gov. Tate Reeves announced the creation of the Governor’s Commission for…

Coronavirus pandemic impacting local businesses: How you can help

Just in the last week, nationally we’ve seen cancellations of sporting events, concerts, and political rallies. Not to mention, the Federal Reserve announcing a zero percent interest rate this weekend. All of this is affecting our nation’s economy. News 25’s…

Gulfport Economic Development

Gulfport Mayor Billy Hewes is one busy man and the city has seen a lot of growth in 2019. From kicking off yesterday’s Gulf Coast Half Marathon to gearing up for the opening of the Mississippi Aquarium in 2020, Mayor…

State of the Coast Economy Symposium

Nearly 500 business professionals and Coast leaders filled the IP Casino this morning for the third annual State of the Coast Economy Symposium. They received plenty of statistics on how we’ve done this past year and how we can improve…

Economical development in the City of Diamondhead

Big plans are in the works for the City of Diamondhead as Mayor Tommy Schaefer tells News 25 he looks to embrace change. Mayor Schaefer stopped by News 25 this morning to discuss the demand for residential housing and other…

Conference USA Turnout at MGM Park

The continued success of Southern Miss at the Conference USA Tournament has certainly helped the turnout of the event. After rain dampened the tournament last year, the Conference USA Tournament bounced back this season with an estimated $25 million brought…

Economic impact from the Rapiscan Systems Classic

Anytime there is a huge event on the Coast like the Rapiscan Systems Classic, economic impact always becomes a key factor. The sun will be shining and the golfers are ready to tee off into the tenth annual Rapiscan Systems…

Battle at the Beach’s economic impact on the Coast

It’s time to battle at the beach which means hundreds of high school baseball players are spending the week here on the Coast. This week high school baseball teams from all over are right here on the Coast for the…

Aldi grocery store coming to Ocean Springs

A new grocery store is set to open its doors in Ocean Springs in 2019. According to Ocean Springs Mayor Shea Dobson, Aldi will be built on the vacant property on U.S. 90 across from the Ocean Springs Civic Center.…

Economic impact of the Mississippi Aquarium

Contractors have been hard at work creating the Mississippi Aquarium in downtown Gulfport. The aquarium will not only bring hundreds of aquatic wonders like alligators, otters, and dolphins to the Coast, but it will also bring economic growth. President and…

Gulfport Sportsplex expansion

The Gulfport Sportsplex has been bringing in millions of dollars into the Gulf Coast for years. Now new turf fields highlight the first-class expansion of Gulfport’s growing sports complex. Six state-of-the-art synthetic turf baseball and softball fields have been completed…

National Travel and Tourism Week

Today kicks off the start of National Travel and Tourism Week and the Gulf Coast has a lot to celebrate. According to visit Mississippi Gulf Coast, occupancy has increased to 67.7 percent and the average daily rate has increased to…

Patio 44 coming to downtown Gulfport

A lot that’s been vacant in Gulfport since Katrina will soon be transformed into Patio 44’s newest location. The Hattiesburg based company opened their first Coast location in Biloxi in November 2016. Now, their newest spot will sit at the…