Mississippi Future Products

State:
Multi-State
Control #:
US-TC05082E
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Word; 
PDF; 
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Description

This is a future products rider to the software/services master agreement order form. The vendor agrees to supply the customer with the products named in the rider. If the vendor fails to perform, the customer may seek a monetary penalty spelled out in the rider, and it is the only recourse available to the customer.

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FAQ

The Mississippi economy is expected to expand 0.1 percent in 2023 in the latest forecast as seen in the third section of Table 1 on page 3. This pro- jection represents an improvement of 0.5 percentage point from the forecast of the previous quarter.

Resources and power Petroleum and natural gas account for the great bulk (in volume and in value) of all minerals produced in Mississippi. Important nonmetallic minerals include sand and gravel, fuller's earth, and other clays. Iron has been mined intermittently since the late 19th century.

Agriculture is Mississippi's number one industry, employing approximately 17.4% of the state's workforce either directly or indirectly. Agriculture in Mississippi is a 9.72 billion-dollar industry. There are approximately 34,700 farms in the state covering 10.4 million acres.

Manufacturers help to drive Mississippi's economy, with $11.05 billion in manufactured goods exports in 2019. That same year, $7.11 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 13.60% of its employment stemmed from exports in 2011.

Figure 3 xPercent of Job TitlesMotor Vehicle Manufacturing4.9%Cement and Concrete Product Manufacturing3.5%Beverage Manufacturing3.3%Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing2.9%7 more rows

Agriculture continues to be Mississippi's top industry for revenue generated in the Magnolia State. Poultry is Mississippi's largest agricultural commodity, leading as the most valuable livestock product including eggs-layers with sales valued at $3.1 billion.

Mississippi has an abundance of resources, including oil, natural gas, coal, biomass, timber and water. The state also has more than 13,000 miles of interstate pipeline transporting crude oil, natural gas and refined petroleum products.

Figure 3 xPercent of Job TitlesAerospace Product and Parts Manufacturing11.5%Medical Equipment and Supplies Manufacturing7.7%Other General Purpose Machinery Manufacturing6.9%Navigational, Measuring, Electromedical, and Control Instruments Manufacturing5.9%7 more rows

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Mississippi Future Products