Economic Development

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

US job openings diminish as economy slows, cost to borrow rises

The number of available jobs in the U.S. plummeted in August compared with July...

A company of culture

The Gresham Smith philosophy is if ‘people love where they work, then the rest of the business takes care of itself.’

Loren Scott projects 12,400 more jobs for Capital Region over the next two years

Economist Loren Scott projects the Baton Rouge metro area will add about 4,500 jobs next year and 7,900 in 2024. 

Capital Region housing market shifts slightly in buyers’ favor

Buying a home in the Capital Region just got a little bit more affordable, according to a new review of national data. 

Gov. Edwards discusses European demand for Louisiana LNG while in London 

Gov. John Bel Edwards along with state officials and business leaders discussed Louisiana’s energy...

Higher property taxes, scrapping ITEP suggested as ways to end state’s income taxes 

State Rep. Richard Nelson, R-Mandeville, has launched a long-shot effort to eliminate Louisiana’s income taxes. 
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Ocean freight orders drop as consumer demand shifts 

A significant consumer pullback is impacting ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean freight orders for September and October. 

Updated timeline on lakes project as preliminary work progresses

It might be Baton Rouge’s most popular recreational feature, but lately, the look—and smell—of the LSU lakes suggests its long-awaited improvements are coming not a minute too soon. 

For corporations, a strong dollar cuts both ways 

A strong U.S. dollar is cutting both ways for companies across the globe, The Wall Street Journal reports. 

BRAC launches phase two of regional jobs portal BR Works

The Baton Rouge Area Chamber today launched phase two of BR Works, a regional jobs portal for the Capital Region that features technology to match job seekers with local positions.
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