Economic Development

At 3.3%, Louisiana’s seasonally adjusted unemployment rate is once again sitting at a record low, according to data released by the Federal Bureau of Labor Statistics.

The Louisiana Resource for Educators building on Florida Boulevard changed hands last week for $1.8 million, according to filings made Tuesday morning with the East Baton Rouge Parish Clerk of Court’s office.

German chemicals and ingredients distributor Brenntag has opened a primary operations hub in the...

Denham Springs-based Pipe and Steel Industrial Fabricators is investing $4.3 million in an expansion of its Livingston Parish manufacturing facilities.

CF Industries Holdings Inc. is ready to close its acquisition of Incitec Pivot Limited’s ammonia production complex in Waggaman, AgWeb reports. 

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, suggested Monday that the economy appears to be on what he calls the “golden path,” another term for what economists call a “soft landing,” in which the Fed would curb inflation without causing a deep recession.

In late August, it became starkly apparent that the economics for offshore wind in the Gulf of Mexico aren’t quite where they need to be.

Baton Rouge-based Benny’s Car Wash has several projects underway as part of larger expansion efforts. 

Dan Rice, director of LSU’s E.J. Ourso College of Business Behavioral Research Lab, shared his expertise on the shopping season in a recent Q&A published by LSU. 

Despite things looking positive for the rest of 2023 and into the new year, the historic drought Louisiana has experienced over the past year will still put a severe dent in the state’s agricultural sector.