Study says millions of dollars could be leaving Stone County - WLOX.com - The News for South Mississippi

Study says millions of dollars could be leaving Stone County

Leaders and business owners met to review the numbers and discuss solutions. (Photo source: WLOX) Leaders and business owners met to review the numbers and discuss solutions. (Photo source: WLOX)
STONE COUNTY, MS (WLOX) -

Millions of dollars could be leaking from Stone County, according to a recent study. Leaders and business owners met to review the numbers and discuss solutions.

It's safe to say that a lot has changed in the county in recent months and years. The economy is enough to impress an associate professor from the college of business at USM. 

Dr. Chad Miller said although there has been growth in areas, there could be more. A study conducted by one of his graduate students, Michael Brinza, showed an estimated millions of dollars leaving the area for the coast or Hattiesburg. 

"We need to do whatever we can to find our niche, to have more of those people to shop in Wiggins," said Mayor Joel Miles.

The retail trade analysis had Miles brainstorming business strategies. To him, it's not just about keeping customers in the city or the county.

"We need to see about drawing some new businesses in," said Miles.

This thought is something business leaders hope will come to fruition with the help of Betsy Rowell and the Economic Development Partnership. Rowell brought Miller into the mix to help get the wheels turning.

"This is information that implies some of the strategies that we need to be pursuing through EDP," said Rowell.

The presentation revealed which way the money was flowing. It showed what type of retail was seeing the most business in the county and what people were buying elsewhere. 

"You have to adapt to the times, but you always have to invest in your business," said business owner Jeffry Peters.

Even though his business, Jack's Home Improvement Center, is doing well, Peters said he learned a lot from the study.

"Through advertising, there's a few things I need to do. North of the county, south of the county. Maybe billboards to get the word out," said Peters.

Many of the leaders in the community want to do just that: get the word out and keep the dollars in.

"Wiggins and Stone County are open for business," said Miles.

Rowell plans to increase the county's relationship with USM and the business department for future economic studies.

Copyright WLOX 2016. All rights reserved.

  • NEWSMore>>

  • Demolition begins on downtown Biloxi's old federal courthouse

    Demolition begins on downtown Biloxi's old federal courthouse

    Tuesday, April 24 2018 6:50 PM EDT2018-04-24 22:50:53 GMT
    Construction teams started tearing down the old federal courthouse in Biloxi Tuesday morning. (Photo source: WLOX)Construction teams started tearing down the old federal courthouse in Biloxi Tuesday morning. (Photo source: WLOX)

    Construction teams started tearing down the old federal courthouse in Biloxi Tuesday morning.

    More >>

    Construction teams started tearing down the old federal courthouse in Biloxi Tuesday morning.

    More >>
  • BP money debate erupts at Gulf Coast Business Council meeting

    BP money debate erupts at Gulf Coast Business Council meeting

    Tuesday, April 24 2018 6:20 PM EDT2018-04-24 22:20:34 GMT
    Representative Delano said coast business leaders were too critical of Speaker of the House Philip Gunn during the debate during the 2018 legislative session. (Source: WLOX)Representative Delano said coast business leaders were too critical of Speaker of the House Philip Gunn during the debate during the 2018 legislative session. (Source: WLOX)

    State Rep. Scott Delano of Biloxi criticized members of the Gulf Coast business community Tuesday over the BP settlement money debate, and business leaders fired back.

    More >>

    State Rep. Scott Delano of Biloxi criticized members of the Gulf Coast business community Tuesday over the BP settlement money debate, and business leaders fired back.

    More >>
  • Disaster drill at airport hones first responder training

    Disaster drill at airport hones first responder training

    Tuesday, April 24 2018 5:57 PM EDT2018-04-24 21:57:52 GMT
    11 local agencies practiced emergency response drills at the Gulfport/Biloxi International Airport. (Photo Source: WLOX)11 local agencies practiced emergency response drills at the Gulfport/Biloxi International Airport. (Photo Source: WLOX)

    On Tuesday, 11 local agencies took part in an exercise simulating that disastrous scenario.

    More >>

    On Tuesday, 11 local agencies took part in an exercise simulating that disastrous scenario.

    More >>
Powered by Frankly