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News roundup: Economists see limited gains in GOP plan … Shale boom's allure to Wall Street tested by bear market … Sunday now said to be best day to get lowest airline fares

Slow train coming: Anticipating a takeover of Congress, Republicans have assembled an economic agenda that reflects their small-government, anti-regulation philosophy but also suggests internal divisions that could hinder a united...

DATE: October 23, 2014 | CATEGORY: Daily Report

More have jobs in La., but jobless rate rises in September

More have jobs in La., but jobless rate rises in September

The number of Louisianans with jobs continued to set records in September, but the state's unemployment rate kept rising as new job seekers keep entering the market. The Associated Press reports the state's jobless rate rose to 6%, up for the fifth...

DATE: October 21, 2014 | CATEGORY: Daily Report

Area home sales relatively flat in September, but prices up

Area home sales relatively flat in September, but prices up

Eight fewer homes were sold in September this year than were sold during the month last year, a decline of about 1%, according to the latest monthly report released today by the Greater Baton Rouge Association of Realtors. A total of 725 homes were...

DATE: October 21, 2014 | CATEGORY: Daily Report

News roundup: Shale boom helping American consumers as never before … Apartments push up US homebuilding in September … Yellen says US experiencing widening inequality

It's all relative: Oil traders might see the recent 27% slide in global prices as a bear market. But as Bloomberg reports, for U.S. consumers, it's more like an early holiday gift. The drop in crude has pulled retail gasoline down...

DATE: October 17, 2014 | CATEGORY: Daily Report

The outlook for Baton Rouge

The outlook for Baton Rouge

There are an estimated 394,200 jobs in this MSA, the second largest behind New Orleans. It is the largest MSA in the state in terms of number of parishes—nine, including East Baton Rouge, West Baton Rouge, Livingston, Ascension, Iberville, St.

DATE: October 15, 2014 | CATEGORY: News

Patrick Kerr

Patrick Kerr

Patrick Kerr joined Baton Rouge Water Company as a management trainee 20 years ago, right out of the Army. During his 10-year military career, he says, "I flew attack helicopters in Korea and Germany and was then selected to join Task Force 160, the...

DATE: October 13, 2014 | CATEGORY: Executive Spotlight

La. home prices rise 3.8% in August

La. home prices rise 3.8% in August

Average home prices rose in every state in August, compared to the same month last year, with Louisiana posting a 3.8% increase, according to the latest monthly report from CoreLogic. The 3.8% increase includes sales of distressed homes—that...

DATE: October 07, 2014 | CATEGORY: Daily Report

News roundup: AG investigator to be probed in CNSI suit against La. … Consumer borrowing up $13.5B in August … Twitter sues FBI, DOJ to release NSA request info

Cleared to testify: Attorney General Buddy Caldwell's main investigator in a criminal inquiry into the awarding of a now-canceled $200 million Medicaid contract will have to answer questions under oath from the fired contractor. The...

DATE: October 07, 2014 | CATEGORY: Daily Report

Rising unemployment rates across South have economists baffled

A sharp uptick in jobless numbers across a slew of Southern states in recent months, including in Louisiana, has economists baffled. As The Wall Street Journal reports, it has also raised an unusual question: Is the trend real? Unemployment...

DATE: October 06, 2014 | CATEGORY: Daily Report

Early fall picks

Early fall picks

Ah, October. It's one of Louisiana's lushest culinary months. Second runs of warm-weather produce are available just as early fall crops are starting to emerge. The heat is loosening its grip, and cooler temperatures have us eating outside. In this...

DATE: September 30, 2014 | CATEGORY: News (225)

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