Economic Development

Is a strong dollar good or bad for the Capital Region’s economy?

The U.S. dollar this month hit its highest level in decades versus several other...

CFOs predict hiring will slow in the next year

The surge in hiring may slow a bit in the coming quarter, a recent...

Flexible hours aren’t just for office jobs anymore

It isn’t just remote workers who have gained leverage over when they work.  Shift workers...

ICYMI: Synthetic rubber manufacturer investing $22M in Geismar facility

Synthetic rubber manufacturer Lion Elastomers has invested $22 million to construct a new multilevel...

Lancaster Construction plans cottage-style subdivision on west side of O’Neal

Lancaster Construction is planning Willow Springs, a residential subdivision with 140 cottage-style units on...

DOTD gets additional $98M in federal funds for road projects

The Louisiana Department of Transportation and Development received word on Monday that its request for $97.8 million in additional federal highway funding was approved due to successfully obligating the full amount of its federal funding during the 2021-2022 federal fiscal year.
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Job vacancies rise to 11.2M in July, dashing Fed hopes for hiring cooldown

The number of open jobs in the U.S. rose in July after three months...

Gulf fabricators embrace offshore wind, but region in no hurry to ditch rigs

Welders and machinists from Louisiana and Texas are building the nation’s first offshore wind...

Provider opposition holding up 19 Louisiana broadband grants worth $86.6M

Protests from current broadband internet providers continue to hold up grants meant to close...

Baton Rouge’s not seasonally adjusted unemployment rate down in July

Data released today by the Louisiana Workforce Commission shows that the Baton Rouge metro’s not seasonally adjusted unemployment rate was 4.1 percent in July.