Mississippi’s economic landscape continues to brighten, Gov. Phil Bryant told a financial summit at Mississippi College.
Mississippi economy grew by 2.4 percent in 2012. It marked the first
time the state’s economy surpassed $100 billion, Bryant said at the
forum on the Clinton campus.
th governor, the Republican is keeping close tabs on the latest economic news about the Magnolia State, and
emphasized the positives.
instance, "Area Development” magazine rates Mississippi No. 9 among its
2013 list of best states for business. "Mississippi is
on an economic roll,” the magazine reports. Mississippi ranks No. 2 in
such categories as evaluating competitive utility costs and permit speed
and sits among the top 5 states nationwide in
the overall cost of doing business.
ideas and approaches in Mississippi have shaped "a business climate
that is conducive to job growth and expansion,” Bryant told a
Mississippi Economic Council forum in Jackson in late October.
A former Mississippi College political science professor, Bryant preached that same upbeat message at his alma mater in Clinton.
the same time the state’s economy reports upticks in growth, Bryant
says the majority of Mississippians want their children to land
in Mississippi rather than leaving to seek employment far from home.
Mississippi College School of Business and Primerica co-sponsored the
November 13 summit on personal financial security. Other speakers
Insurance Commissioner Mike Chaney, state Treasurer Lynn Fitch, and
House of Representatives Speaker Pro Tempore Greg Snowden of Meridian.
announced she will once again press the Legislature to pass a law
mandating that high school students be required to take personal finance
days, many young Mississippians cannot balance a checkbook.
show that only 41 percent of the Mississippians surveyed are making
minimum payments on their credit cards. Another 41 percent of the
residents have unpaid medical bills. Two-thirds of Mississippians are
without a rainy day savings, Fitch noted.
attending the summit, Mississippi College sophomore Dave Eaves of
Florence said he applauds the state’s treasurer’s idea. "I
never took one (a personal finance class). I don’t know how to balance a
checkbook,” the Florence High graduate said. "Schools need finance
"It’s very important, but we should not force somebody to take the classes,” said MC senior Aaron Speight, 21, a business
administration major from Birmingham, Alabama. "We should make it optional.”
the summit, MC business professors Nancy Anderson and Bobby Perkins
joined Primerica executive David Landrum to discuss topics such as
saving for retirement,
making smart investments and setting aside money to handle emergencies.
School of Business Dean Marcelo Eduardo asked how people should climb
out of debt, Landrum supplied some good advice. "They must get control
spending,” he said. Cutting up credit cards would be one way, the
Jackson businessman said.
Eduardo served as the program’s moderator as MC students, professors and community business leaders looked on at Anderson Hall.
the nation, "we are doing a poor job addressing retirement,” said
Anderson, a panelist on the Mississippi Public Broadcasting weekly
radio show "Money Talks.”
author from Clinton and businesswoman, Anderson advises her students to
sign up for 401 K programs and add to it each year. "They should split
raises between their pocket and 401 K.”
senior national sales director with Primerica that operates in 20
states, Landrum offered another sound point for the audience to
consider. The former
Mississippi College trustee suggested that "everybody needs a financial
Gov. Phil Bryant discusses progress for the state's economic climate at
Wednesday's financial security summit at Mississippi College on
Wednesday. The MC
School of Business and Primerica co-sponsored the November 13 event.