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Pearl River County – Industry Affiliation

Picture of valves The array of different industries in a county significantly impacts its economy in various ways, contributing to economic stability, growth, and resilience. Here are some key effects:

  1. Economic Stability and Resilience
    • Diversification Reduces Risk: A county with a diverse range of industries is less vulnerable to economic shocks. If one industry faces a downturn, others can help stabilize the economy.
    • Resilience to Market Fluctuations: Different industries often respond differently to market conditions. For example, while manufacturing might decline during a recession, healthcare or education might remain stable.

  2. Job Creation and Employment
    • Variety of Employment Opportunounties: A mix of industries provides a wide range of job opportunounties, catering to different skill sets and education levels.
    • Reduced Unemployment: Diversification helps maintain lower unemployment rates, as job losses in one sector can be offset by gains in another.

  3. Innovation and Competitiveness
    • Cross-Industry Collaboration: Different industries can foster innovation through collaboration. For example, technology companies working with healthcare providers can lead to advancements in medical technology.
    • Attracting Talent: A diverse industrial base attracts a skilled workforce, enhancing the county's competitiveness and ability to innovate.

  4. Economic Growth and Development
    • Increased GDP: A variety of industries contribute to the county's Gross Domestic Product (GDP), driving overall economic growth.
    • Infrastructure Development: The presence of multiple industries often leads to better infrastructure, such as transportation, utilounties, and communication networks, which further supports economic activounties.

  5. Tax Revenue and Public Services
    • Higher Tax Revenue: A diverse industrial base generates more tax revenue from different sources, including corporate taxes, income taxes, and sales taxes.
    • Funding for Public Services: Increased tax revenue allows the county to invest in public services like education, healthcare, and public safety, improving the quality of life for residents.

  6. Attracting Investment
    • Investor Confidence: A diversified economy is more attractive to investors, as it reduces the risk associated with economic downturns in any single industry.
    • Foreign Direct Investment (FDI): Counties with a variety of industries are more likely to attract FDI, which can further boost economic growth.

  7. Quality of Life
    • Variety of Goods and Services: A diverse economy ensures a wide range of goods and services are available to residents, improving their quality of life.
    • Cultural and Social Benefits: Different industries often bring cultural and social diversity, enriching the county's cultural landscape and community life.

  8. Environmental Impact
    • Sustainable Practices: A mix of industries can promote sustainable practices, as different sectors may adopt varying approaches to environmental responsibility.
    • Balanced Resource Use: Diversification can lead to more balanced use of natural resources, reducing the environmental footprint of the county.

  9. Global Connectivity
    • Trade and Export Opportunounties: A diverse industrial base enhances a county's ability to engage in international trade, exporting a variety of goods and services.
    • Global Networks: Different industries often have global networks, increasing the county's connectivity and integration into the global economy.

In summary, the presence of a diverse array of industries in a county fosters economic stability, growth, and resilience, while also enhancing the quality of life for its residents and attracting investment and talent. This diversification is crucial for sustainable long-term economic development.

A diversification score measures the diversity of the industries in the county. As the value appoaches 100, industry diversity decreases and therefore increasing the risk of economic failure for the county should those limited industries befall a calamity. The industry diversification score for this county is:

12.22

Most common industry excluding Educational Services is:

Wholesale/ Retail

 
DescriptionEm­ployed
16 and
Over
Agri­culture/
Mining/
Con­struction
Manufac­turing Whole­sale/
Retail
Transpor­tation Infor­mation Finance/
Insu­rance/
Real Estate
Profes­sional
Services
Manage­ment
Services
Adminis­trative/
Waste Services
Educa­tional
Services
Enter­tainment
Services
Other
Profes­sional
Services
Public
Adminis­tration

Pearl River County25,5813,2272,3654,2741,8252331,1961,76401,1485,5391,6801,515815
Mississippi (in 000's)1,333120176179971363501463361176570
National (in 000's)170,84514,58316,94922,45210,0443,19011,49313,8472177,12439,93414,8428,0278,142
St. Tammany Parish136,45713,7718,06720,1828,3322,4179,26910,060765,37033,40811,8597,0596,587
Harrison County102,0998,3517,02612,9144,7261,1125,3164,7031353,58226,16415,9265,0677,077
Forrest County38,3313,1243,6635,5941,9893121,6881,586841,37810,1175,0302,0541,712
Lamar County32,3513,0873,0793,7161,6732662,3201,23301,1509,9623,5961,0501,219
Hancock County22,3432,5122,1742,4542,1972081,1101,11206954,8372,3629281,754
Washington Parish17,6702,3391,5102,67391414274356108624,6501,4567131,107
Marion County10,1481,8417291,3977386855722905012,398602784304
Stone County8,2209909821,287560023029501481,823896450559
 
Per Cent to Total Employed 16 and OverDiversity
Index
 

Pearl River County12.2212.619.2516.717.130.914.686.900.004.4921.656.575.923.19
Mississippi13.028.9813.2213.447.251.004.743.740.053.4725.208.784.855.28
National11.778.549.9213.145.881.876.738.110.134.1723.378.694.704.77
St. Tammany Parish12.3710.095.9114.796.111.776.797.370.063.9424.488.695.174.83
Harrison County13.308.186.8812.654.631.095.214.610.133.5125.6315.604.966.93
Forrest County13.658.159.5614.595.190.814.404.140.223.6026.3913.125.364.47
Lamar County15.169.549.5211.495.170.827.173.810.003.5530.7911.123.253.77
Hancock County11.5811.249.7310.989.830.934.974.980.003.1121.6510.574.157.85
Washington Parish13.7213.248.5515.135.170.804.203.170.004.8826.328.244.046.26
Marion County13.4518.147.1813.777.270.675.492.260.004.9423.635.937.733.00
Stone County12.9012.0411.9515.666.810.002.803.590.001.8022.1810.905.476.80
 
Comparisons to State Norms % to Total >= 150% % to Total < 50% 

Pearl River County 140.4669.92124.3698.4490.7698.69184.540.00129.1985.9274.82122.0560.30
Mississippi 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
National 95.0475.0397.8181.12186.06142.00216.90268.65120.0392.7598.9796.8390.20
St. Tammany Parish 112.3744.71110.0884.25176.50143.38197.29117.62113.2997.1599.01106.6191.36
Harrison County 91.0752.0594.1463.87108.53109.90123.27279.24101.00101.69177.70102.28131.18
Forrest County 90.7572.28108.6271.6081.1192.96110.73462.80103.49104.73149.49110.4384.53
Lamar County 106.2571.9885.4971.3581.93151.37101.990.00102.33122.19126.6366.8971.31
Hancock County 125.1873.5981.75135.6892.77104.87133.190.0089.5585.90120.4385.60148.57
Washington Parish 147.3964.63112.5971.3780.0888.7684.960.00140.44104.4293.8783.16118.57
Marion County 202.0054.33102.46100.3466.77115.8660.390.00142.1293.7767.58159.2256.69
Stone County 134.1090.35116.5394.000.0059.0696.040.0051.8388.00124.18112.82128.70
 
Comparisons to National Norms % to Total >= 150% % to Total < 50% 

Pearl River County 147.7893.19127.14121.3548.7869.5085.080.00107.6392.6375.59126.0566.85
Mississippi 105.21133.28102.24123.2853.7570.4246.1037.2283.31107.81101.04103.27110.87
National 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
St. Tammany Parish 118.2359.59112.54103.8694.86100.9790.9643.7894.38104.74100.03110.10101.29
Harrison County 95.8269.3796.2578.7358.3377.4056.83103.9484.14109.63179.55105.63145.44
Forrest County 95.4896.33111.0588.2643.5965.4651.05172.2786.22112.92151.05114.0593.72
Lamar County 111.7995.9487.4187.9644.04106.6047.020.0085.25131.74127.9569.0879.06
Hancock County 131.7198.0883.58167.2649.8673.8561.410.0074.6092.62121.6888.40164.72
Washington Parish 155.0786.14115.1187.9843.0462.5139.170.00117.00112.5894.8585.88131.45
Marion County 212.5372.41104.75123.7035.8981.5927.840.00118.40101.0968.28164.4362.86
Stone County 141.09120.42119.14115.880.0041.5944.280.0043.1894.88125.47116.52142.69


Sources: STI: PopStats, Circa April 2025