Economic Development

CEOs anticipate a ‘short and shallow’ recession in the next 12 to 18 months 

A recent survey of CEOs suggests that most expect a recession in the U.S....

Nearly one in five Louisiana homeowners has had their insurance policy canceled 

Nearly one-fifth of homeowners insurance policyholders surveyed in Louisiana said their provider canceled their...

Primoris Energy Services plans to expand, add 100 workers

Specialty contractor Primoris Energy Services Corporation, located off East Petroleum Drive, is expanding and plans to hire 100 additional workers in Louisiana over the next two years, according to an advance notice last week with the state.

US employers add higher than expected 339,000 jobs in May 

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.

Executives are adding mental health days in an effort to retain workers 

More companies are carving out extra personal days for workers, not for a doctor’s appointment or to run errands.

New traffic lights coming to Baton Rouge with flashing yellow turn arrows 

Work has begun to replace Baton Rouge-area traffic lights with ones that have flashing...
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ExxonMobil signs carbon capture and storage agreement with Convent plant

ExxonMobil has signed an agreement to capture, transport and store up to 800,000 metric tons of carbon dioxide, or CO2, per year at an in-state carbon capture and storage facility.

The Great Resignation is over; job quitting returns to pre-pandemic level 

The Great Resignation—the phenomenon that defined the pandemic-era labor market—is a thing of the past, Axios reports. 

Hurricane season begins today, is your company prepared? 

With today marking the official start of the 2023 Atlantic hurricane season, the Baton Rouge Area Chamber has released its annual recommendations and checklists to help businesses prepare for weather emergencies. 

Vivid Ink adding space at headquarters to expand corporate apparel production

Vivid Ink Graphics is constructing a 5,300-square-foot building at its headquarters on Airline Highway.