Volume 5, Issue 1
>> Five-Year Baseline Economic Information of the Mississippi Green Industry in the Years 2008-2012
The most recent economic impact study showed that there were 12,981 establishments listed under the Mississippi green industry complex in 2007. The total output impacts created by the Mississippi green industry
complex in 2007 totaled $1.221 billion. With a state gross domestic product of $92.107 billion in 2007, the Mississippi green industry complex
contributed about 1.325% of the state economy.
The Mississippi green industry business establishments, researchers, extension specialists, and regulatory agencies need regularly updated economic information about the industry. The above-mentioned economic impact studies are expensive and time-consuming research activities and are conducted by the Green Industry Research Consortium when funding is available.
In the meantime, secondary industry data can be retrieved from government and industry sources, compiled and presented in tabular and graphical formats showing the short-term and long-term trends in annual gross sales, employment and labor income. The available but limited baseline annual economic information are best put to good use when compiled and disseminated to the Mississippi green industry complex on a regular basis.
Source: Posadas, Benedict C. 2012. Baseline Economic Information of the Mississippi Green Industry in the Years 2008-2012. Working Paper. Mississippi State University, Coastal Research and Extension Center, Biloxi, Mississippi.