Economic Development

Business expansions, relocations, incentives, and investment fueling economic growth across the Baton Rouge area.

Waning consumer demand puts US ports ’in a very different place’ than a year ago

Back in January, 109 container ships waited off the California coast to unload cargo...

Global advertising industry expected to slow in 2023 

Growth in global advertising spending is going to be slower next year than originally...

Omnidek completes latest funding round, plans aggressive growth push 

Baton Rouge Entrepreneurship Week’s High-Stakes Pitch Competition 2021 winner Omnidek today announced completion of...

Business travel levels off after post-shutdown rebound 

Business travel demand has “plateaued” but revenue continues to rise thanks to strong demand...

Lights, camera…

If you haven’t noticed, the film production industry is growing sneaky fast here, spending $81.9M in Baton Rouge this year alone.

Construction poised for a big year, according to BRAC 2023 Economic Outlook

The construction sector, responsible for most of the Capital Region’s recent job losses, is poised for a big comeback next year, according to the Baton Rouge Area Chamber.
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Louisiana posts strong new business and wage growth

Louisiana saw 7,875 net new businesses established from June 2021 to June 2022, according...

Remote workers are meeting more frequently

One of executives’ biggest worries about remote work is the reduction in spontaneous meetings...

After just two years, Smart Port initiative now at 70 vessels

Just two years after the launch of the Lower Mississippi River Smart Port &...

Louisiana getting $113M in federal funding for small business programs

U.S Treasury today approved Louisiana’s application for up to $113 million in federal support for small business owners and entrepreneurs as part of the $10 billion State Small Business Credit Initiative.
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