Economic Development

Small businesses bearing brunt of supply chain issues, inflation 

Small businesses are bearing the brunt of supply chain pressures and rising prices, with...

Lumber costs rising again, further driving up new home prices

Rising lumber prices are affecting builders and homebuyers, making already expensive homes even more pricey.

State board considers tax break for $313.7M project in Iberville

The Louisiana Board of Commerce and Industry on Wednesday will take up an estimated $8.8 million in payroll tax benefits and sales tax rebates for SNF Holding Company’s expansion of its polymer production plant near Plaquemine. 

2022 is proving harder to run a company than 2020

This year will be an even harder year to run a business than 2020, when the pandemic first hit the workforce.

Southern University aims for enrollment surge through new master plan

It’s a blueprint for a future version of the historically Black university, with a more pedestrian-friendly landscape; a new student union and student housing; a riverfront bluff promenade to rival downtown’s riverfront; and plenty of other improvements.

Investors buying more Baton Rouge residential real estate

Big investors across the country are buying up more residential real estate in metro areas, and that trend holds true for Baton Rouge as well.
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Two planned investments in state expected to spawn more than 1,000 jobs

Gov. John Bel Edwards is touting hundreds of millions of dollars in planned business...

With U.S. now energy independent, higher oil prices affect economy differently 

For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

ExxonMobil’s $500M polyolefins plant addition on track for startup this year

ExxonMobil’s $500 million addition to its Scenic Highway polyolefins plant is about 75% complete, with startup expected before the end of the year, officials say.

Rampant fraud hampers effort to track $6 trillion in federal COVID relief

Roughly two years after lawmakers approved their first tranche of rescue funds, the U.S....