Economic Development

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

EBR city-parish sales and use tax collections increased 8% in July

East Baton Rouge city-parish sales and use tax collections increased 8% in July compared...

Mississippi River bridge panel hears how new crossing will impact traffic patterns

The Capital Area Road and Bridge District is meeting today with plans to hear from consultants about how a potential new Mississippi River

California investor buys Royal Palms Apartments for $30M

Royal Palms Apartments has sold for $30 million to California-based investor LTL Royal Palms-Baton Rouge DST, according to the East Baton Rouge Parish Clerk of Court's office.

​​Increasing commercial sales in EBR on pace to exceed $1B

Commercial real estate sales activity continued to increase through August in East Baton Rouge Parish despite higher interest rates, a new report shows. 

Baton Rouge port rolls out specialty crane, expanding grain elevator’s capacity 

The Port of Greater Baton Rouge today announced it will begin using a specially designed pedestal crane next month mounted on a barge

Small businesses get creative as they try to recruit workers 

Finding workers is as difficult as ever for many small business owners, prompting entrepreneurs to seek more creative ways to fill labor shortages at a time when they might have expected hiring to get easier
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LSU gets cyber designation from NSA, access to more grants 

The National Security Agency has designated LSU as a Center of Academic Excellence in Cyber Operations, the university announced this morning. 

CFOs at large US companies forced to revise annual forecasts 

Finance chiefs are finding it harder to peg yearly guidance as they struggle for...

Workers are back in the office, but not like in the pre-COVID days 

The return to work is working, The Washington Post reports.  Office occupancy hit a pandemic...

Louisiana’s jobless rate reaches record low, but labor force participation still lags 

Louisiana's unemployment rate hit a record low for the third consecutive month in August...
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