Coast's economic outlook discussed for 2017 - WLOX.com - The News for South Mississippi

Coast's economic outlook discussed for 2017

Thursday's presentation showed that the top three employer categories on the coast are government, leisure and hospitality, and manufacturing. (Photo source: WLOX) Thursday's presentation showed that the top three employer categories on the coast are government, leisure and hospitality, and manufacturing. (Photo source: WLOX)
LONG BEACH, MS (WLOX) -

While many people are still focused on the events of this past year, many economists are looking forward. 2017 is sure to have its financial highs and lows. The financial outlook for the coast was laid out in a presentation Thursday morning in Long Beach. 

If asked how much the coast economy grew in 2016, Ashley Edwards might say, not as much as he had hoped. But, as the president and CEO of the Gulf Coast Business Council, he looks forward. And right now, his focus is on the BP settlement funds.

"And ultimately the strategy behind spending those for maximized returns on the Gulf Coast," said Edwards.

He presented his findings to a room full of business leaders. Some of them were wondering what the next year's economy would look like under a new presidential administration.

"We've just completed a survey of the 30 largest employers in Hancock County and the optimism is extremely high," said Bill Cork, CEO of the Hancock Port and Harbor Commission.

Adrienne Slack is the regional executive for the Federal Reserve in New Orleans. From the reserve's perspective, a new administration is just like any other impactful economic event.

"We're going to be watching the details that the administration will ultimately put forward when they're in office and ultimately we're going to be watching businesses' response to those details," said Slack.

While the Federal Reserve reacts to the economy, Edwards said it's also important for workforce training to be proactive.

"We've got to look ten years out and start preparing for what industry is going to look like ten years from now," said Edwards.

That's something that Edwards hopes to see increase in the state to help the economy. He said institutions like Pearl River Community College are riding on the cutting edge of that forward thinking.

"We're always very sensitive to the type of jobs that are available and are we creating the right programs and starting the new programs that will get students in that are attractive to students and get them in high-paying jobs," said Dr. Scott Alsobrooks, Vice President for Workforce and Economic Development at PRCC.

Thursday's presentation showed that the top three employer categories on the coast are government, leisure and hospitality, and manufacturing.

Copyright 2017 WLOX. All rights reserved.

  • NEWSMore>>

  • It'll be a soggy Sunday across the coast

    It'll be a soggy Sunday across the coast

    Sunday, April 22 2018 8:29 AM EDT2018-04-22 12:29:55 GMT

    The WLOX First Alert Weather team is tracking another storm system that will bring the chance for scattered showers and thunderstorms Sunday.

    More >>

    The WLOX First Alert Weather team is tracking another storm system that will bring the chance for scattered showers and thunderstorms Sunday.

    More >>
  • Kids race across the finish line in annual Soap Box Derby

    Kids race across the finish line in annual Soap Box Derby

    Sunday, April 22 2018 7:52 AM EDT2018-04-22 11:52:55 GMT
    More than 40 kids participated in this year's Deborah Washington Memorial Soap Box Derby in Moss Point Saturday. (Source: WLOX)More than 40 kids participated in this year's Deborah Washington Memorial Soap Box Derby in Moss Point Saturday. (Source: WLOX)
    More than 40 kids participated in this year's Deborah Washington Memorial Soap Box Derby in Moss Point Saturday. (Source: WLOX)More than 40 kids participated in this year's Deborah Washington Memorial Soap Box Derby in Moss Point Saturday. (Source: WLOX)

    Clear skies greeted families Saturday in Moss Point at the 26th annual Deborah Washington Soap Box Derby after the event had to be postponed due to torrential storms last week. 

    More >>

    Clear skies greeted families Saturday in Moss Point at the 26th annual Deborah Washington Soap Box Derby after the event had to be postponed due to torrential storms last week. 

    More >>
  • Coast cities host Earth Day cleanups

    Coast cities host Earth Day cleanups

    Sunday, April 22 2018 7:41 AM EDT2018-04-22 11:41:15 GMT
    (Source: File)(Source: File)

    Earth Day is April 22 and community events are happening across the Gulf Coast this weekend to help clean up communities and be more environmentally-friendly. 

    More >>

    Earth Day is April 22 and community events are happening across the Gulf Coast this weekend to help clean up communities and be more environmentally-friendly. 

    More >>
  • Trending StoriesTrending StoriesMore>>

  • 4 dead, 4 injured in Waffle House shooting

    4 dead, 4 injured in Waffle House shooting

    Sunday, April 22 2018 5:55 AM EDT2018-04-22 09:55:32 GMT
    Sunday, April 22 2018 10:31 AM EDT2018-04-22 14:31:08 GMT
    Travis Reinking (Courtesy: Metro Police)Travis Reinking (Courtesy: Metro Police)

    Four people were killed and four others were injured in a shooting at a Waffle House in Antioch. A white man wearing nothing a green jacket went into the restaurant and started firing a gun resembling an AR-15. Police are still searching for him. 

    More >>

    Four people were killed and four others were injured in a shooting at a Waffle House in Antioch. A white man wearing nothing a green jacket went into the restaurant and started firing a gun resembling an AR-15. Police are still searching for him. 

    More >>
  • Woman loses home at auction to former attorney

    Woman loses home at auction to former attorney

    Saturday, April 21 2018 11:11 PM EDT2018-04-22 03:11:04 GMT
    Sunday, April 22 2018 5:23 AM EDT2018-04-22 09:23:15 GMT
    Sawyers watched her Florissant, MO, home go to auction Thursday. The highest bidder was her former attorney. (Source: KPLR/CNN)Sawyers watched her Florissant, MO, home go to auction Thursday. The highest bidder was her former attorney. (Source: KPLR/CNN)

    Sawyers watched her Florissant, MO, home go to auction Thursday. The highest bidder was her former attorney.

    More >>

    Sawyers watched her Florissant, MO, home go to auction Thursday. The highest bidder was her former attorney.

    More >>
  • 4 dead in Nashville Waffle House shooting; suspect sought

    4 dead in Nashville Waffle House shooting; suspect sought

    Sunday, April 22 2018 8:34 AM EDT2018-04-22 12:34:45 GMT
    Sunday, April 22 2018 10:35 AM EDT2018-04-22 14:35:19 GMT
    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. (Source: CNN)A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. (Source: CNN)
    Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday. (Source: CNN)Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday. (Source: CNN)

    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. 

    More >>

    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. 

    More >>
Powered by Frankly