Economic Development

Companies lure hourly workers with college tuition perks

Companies see the programs as a way to recruit and retain workers in a tight labor market or train them for management positions. For hourly employees, the programs remove the financial barriers of obtaining a degree.

Louisiana sets low-unemployment record in September

Louisiana’s seasonally adjusted unemployment rate was 3.4% in September, the fourth consecutive month in which a record low was posted, according to the latest report from the Louisiana Workforce Commission.

Capital Region home seller profits down in third quarter but still up from last year

Profit margins on median-priced single-family home and condo sales in the Baton Rouge metro area were down about 13% in the third quarter compared to the second, new data shows

As fuel tax revenue declines, EV fees won’t be enough to pay for state’s roads

Louisiana stands to lose more than $320 million in fuel tax revenue over the next 10 years as America transitions to electric vehicles. 

GeoSurfaces CEO purchases 63 acres near Baker for $900K

CNAK Consulting LLC recently completed the purchase of 63 acres on U.S. 61 near Baker for $900,000, according to records filed with the East Baton Rouge Parish Clerk of Court's office.

Legal or not, moratoriums could have ‘chilling effect’ on carbon capture

A company that wants to build a multibillion-dollar energy complex in Ascension Parish is suing the Livingston Parish Council for trying to slow construction of wells associated with the project. 
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Rare earth processing plant to be built in Louisiana

Canadian company Ucore Rare Metals Inc. today announced it has chosen Louisiana for its...

Baton Rouge casino revenue down in September; sports betting up in state

Baton Rouge’s three casinos each saw less revenue in September compared to the previous...

Stormwater coalition hopes controversy doesn’t derail conversation

While Mayor Sharon Weston Broome’s administration may have torpedoed the chances of establishing a stormwater management fee in East Baton Rouge Parish anytime soon, advocates hope the conversation continues. 

Baton Rouge’s warehouse market still strong despite slowing national demand

Demand for warehouse space in Baton Rouge remains high, even as The Wall Street Journal reports that the national market is showing signs of slowing.