With hotel occupancy down locally, the tax dollars that help offset some bonded costs are also down, meaning developers are having to use more of their own money to pay debt obligations.
Baton Rouge-area residents have been flocking outdoors in record numbers, delivering a major boon to local custom pool builders, who are seeing their sales rise as more homebound clients funnel more dollars into their backyards. However, the unexpected demand has led to supply chain issues, workforce shortages and project backlogs that, in some cases, stretch back several months.
As some of Baton Rouge’s private and independent schools fully reopen their campuses, Louisiana’s child care providers are trying to follow suit, despite a series of setbacks.
Back in March, when Louisiana’s stay-at-home order went into effect, some 70% of the state’s licensed early learning centers shut down. To date, that number has flipped, with about 70% having reopened.