/NBC poll Gov Bryant gets high marks; confidence in economy, legislature tepid

NBC poll Gov Bryant gets high marks; confidence in economy, legislature tepid

Webb stated that “The state’s economic has struggled to gain momentum in the years after the Great Depression,” which began in 2008. This echos his comments from previous meetings with legislative leaders. “Growth is still below the national average, but we are seeing continued, if not very large, increases in real GDP (gross Domestic Product) and employment. This was a result of the state’s slow growth. The number of people employed did not reach the pre-recession peak until earlier this year, when it reached 1.164 million. According to the federal Bureau of Labor Statistics, August’s employment was at 1.170million. The Great Recession did not cause Mississippi to struggle to find people to work. It is interesting to note that the number of jobs in Mississippi in 2008 was the same as it was in 2000, just before the recession. The state didn’t regain the same amount of jobs until 2008, when it reached its pre-recession peak. According to a NBC News/SurveyMonkey poll, Mississippians are nearly evenly divided on the state’s economic health, regardless of what state economists or employment numbers might suggest. According to poll results, 50 percent of Mississippians consider the economy very or somewhat good. 49 percent say it is very or very poor. The poll found that 52 percent of Mississippians approve or disapprove of Donald Trump’s job, with 35% strongly approving and 46% disapproving. Only 37% strongly disapprove. Trump’s support is higher than his national average despite concerns among Mississippi farmers about the tariffs he imposed on certain items and the retaliatory tariffs that were imposed by other nations, particularly China, on Mississippi soybeans. Webb stated that the economic impact of tariffs was already considered when he made his economic forecast for more of the same, slow but steady growth. Webb stated that the economic momentum was expected to support those tariffs with little impact. Webb stated that he had not considered the effects of the new tariffs on $200 billion worth of Chinese goods. Webb stated that tariffs “are not good for the economic nor are the uncertainties created by the back-and-forth threats between the U.S.A and its trading partners.” Many believe that tariffs could have an effect on the auto industry. Mississippi is dependent on the automobile industry. There’s a Nissan plant at Canton in northeast Mississippi and a Toyota plant at Blue Springs in Mississippi. The Mississippi Economic Council has compiled information that shows the state’s auto industry, which includes the two plants and their suppliers, employs 18250 people at an average salary $50,520. This is compared to the $37.642 state average, according to a 2017 study. According to the impact of the tariffs on steel and aluminum on Toyota’s procurement strategy, Emily Wilemon Holland, a Toyota spokesperson, stated that the company’s procurement philosophy is to build where it sells and buy where it builds. Actually, 90 percent of the steel & aluminum we buy directly is made in the U.S. We stand in agreement with the auto industry, trade associations, and supply chains. Lloryn Love Carter, a spokesperson for Nissan, stated that the proposed tariffs would have a profound impact on consumers and eventually hurt them. We are eager to learn more about that agreement. Gov. Phil Bryant, who boasts that the state’s unemployment rate is 4.8 percent in August (one the lowest on record), has strong approval ratings according to the poll with 67 percent approval (with 21 per cent strongly approving), 32 percent strongly or somewhat disapproving (with 8% somewhat disapproving). The Legislature’s approval rating is 55% (with 50% somewhat approving and 42 percent disapproving). Among them, 13 per cent strongly disapprove.