Economic Development

Dantin Bruce pays $4M for 21 acres to be developed into townhome subdivision

A 21-acre tract of land that will be developed into the 148-unit Cedar Grove Townhomes subdivision has been purchased for $4.02 million,

What’s the magic salary number that will get a job candidate to apply? 

According to survey data from the New York Fed, the magic salary number is $72,873 for the average American.

Paths for bringing economic diversification to Baton Rouge 

Though the health care and public assistance sector provides the most jobs, the Capital Region’s most important economic drivers arguably are petrochemical manufacturing, industrial construction and government. 

Louisiana voters see politicians as roadblock to renewable energy shift

Despite generally liking renewable energy, the majority of Louisiana voters oppose efforts to shift the state away from oil and gas,

Essay: How to keep young professionals in Baton Rouge 

For Business Report’s 40th anniversary edition, we asked nine community leaders and young professionals...

Seeking economic diversification

Though the industrial sector will continue powering the Capital Region economy, there are promising opportunities in the health care and research technology markets.
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US initial jobless claims rise slightly from week before 

The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation.

Treasury has spent more than $8B on program aimed at helping small business 

Roughly $8.28 billion in relief funds have been disbursed to 162 community financial institutions across the country, through Treasury’s Emergency Capital Investment Program, officials said Wednesday.

Essay: Building a better Baton Rouge begins with addressing climate risks 

For Business Report’s 40th anniversary edition, we asked nine community leaders and young professionals...

Mayor, BRAC, VBR team up on recruiting talent and tourists

Mayor Sharon Weston Broome, in partnership with the Baton Rouge Area Chamber and Visit Baton Rouge, is proposing the use of $1.8 million in American Rescue Plan Act funds for economic development and tourism in East Baton Rouge Parish, according to a recent announcement from Broome’s office.Â