Economic Development

Demand for LNG, offshore equipment sparks record orders for Baker Hughes  

Houston-based Baker Hughes Co. generated record orders in the fourth quarter of 2022, driven...

Fed expected to hike interest rates one more time 

The Federal Reserve is expected to hike interest rates by a quarter of a...

Baton Rouge homeowner vacancy rate sees steep drop in fourth quarter of 2022

Homeowner vacancy rates in the Baton Rouge metropolitan statistical area dropped steeply from the third quarter to the fourth in 2022, according to the latest U.S. census data.

Bernhard Capital exec expects ‘pockets of stress’ but bullish on state’s economy

Though a mild recession this year is still a common prediction among experts, Jeffrey Koonce with Baton Rouge-based Bernhard Capital Partners says he’s “bullish” on the long-term prospects for Louisiana’s economy. 

Baton Rouge-area unemployment lower than statewide average

The Baton Rouge metropolitan statistical area’s unemployment rate for December was 3%, among the lowest rates in the state, according to data released today by

House committee advances bill aimed at easing state’s insurance crisis 

The House Appropriations Committee advanced a bill today to pour $45 million from state surplus funds into the Insure Louisiana Fund after pleas from Republican Insurance Commissioner Jim Donelon, State Rep. Timothy Kerner, R-Lafitte, and industry advocates. 
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Baton Rouge portion of $255M in flood mitigation work should be done by end of year

Local officials say work continues on long-awaited drainage projects intended to reduce flood risk...

Celtic Studios taps new executive director

California native Kevin O’Neil is the new executive director of marketing and operations at Celtic Studios. 

LSU professor: Orphaned oil wells can boost production while sequestering CO2

LSU petroleum engineering professor Dandina Rao has come up with a plan that would ...

US wage growth slowing after rapid gains 

Pay and benefits for America's workers grew at a healthy but more gradual pace...