Economic Development

Louisiana budget negotiations face additional barrier with spending capĀ 

Gov. John Bel Edwards and state lawmakers may have to clear additional hurdles this year to spend all the money available to them in the next 15 months.

Louisiana continues setting records for job openingsĀ Ā 

There were around 178,000 job openings in Louisiana in January, the most the state...

Comite River diversion project won’t be finished for at least another two yearsĀ 

Capital Region residents awaiting the highly touted flood control measures from the Comite River Diversion Canal project will likely face at least two more hurricane seasons before work is complete.Ā 

See how the Work Downtown, Play Downtown initiative is expanding

An initiative launched last year to encourage downtown workers to linger in the area past 5 p.m. is being expanded to downtown event attendees and residents.Ā 

Despite reduced rate, Louisiana’s franchise tax still second highest in the country

Louisiana's corporate franchise tax rate of 0.275% ranks second highest in the country, according to a report from the nonprofit Tax Foundation.

What does downtown Baton Rouge need? The DDD wants your input

Baton Rouge’s Downtown Development District has launched a public survey to inform the strategic planning process that will guide the DDD over the next five years.Ā 
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Southwest Louisiana’s transformation was borne of adversityĀ 

Southwest Louisiana has proved that it can take challenges in stride, Site Selection magazine...

LSU report touts potential of planned carbon capture hub in Calcasieu Parish

A planned carbon capture and sequestration hub in Calcasieu Parish could abate some $11 billion in environmental damages over its lifetime, according to a new report by LSU’sĀ  Center for Energy Studies.Ā 

Amazon layoffs not expected to impact Baton Rouge project, BRAC says

Recently announced layoffs at Amazon are not expected to change the company’s commitment to its planned facility in Baton Rouge

Banking turmoil will likely make it harder for small businesses to get loans

Small businesses are likely to find getting a loan more difficult because of the ongoing turmoil in the banking industry, which is raising the risk of a recession, according to The Wall Street Journal.Ā Ā