Economic Development

Louisiana must focus on keeping more STEM grads from exiting state

In the 2020-2021 academic year, LSU awarded 921 baccalaureate degrees in engineering.  However, based on...

How local interior designers are dealing with supply chain issues

Nearly every industry has dealt with supply chain issues over the past year, and interior design is no exception.

Australian firm plans $176M electric vehicle battery project in Louisiana

Syrah Resources plans to invest $176 million to expand its Syrah Technologies graphite processing facility in Vidalia, state and company officials announced today. 

Louisiana’s top personal income tax rate now fifth lowest in nation

Louisiana’s top marginal income tax rate for individuals now is the fifth lowest in the nation among states that charge income taxes, according to the Tax Foundation, following changes lawmakers and voters approved last year. 

Haynesville Shale seeing more activity as oil nears $100 a barrel

As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins...

US rig count sees largest single-week rise since 2018 

The number of active oil and gas drilling rigs in the U.S. rose by 22 last week—the 16th straight weekly increase and the largest single-week rise since February 2018. 
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Louisiana craft brewers hope federal report spurs change

The U.S. Treasury’s new report about the state of competition in the alcohol industry supports the Louisiana craft beer sector’s call for change, an industry advocate says. 

Baton Rouge traffic is nation’s fourth worst, behind New York, Los Angeles and Miami  

Baton Rouge has the fourth-worst traffic in the U.S., according to a ranking from GPS firm TomTom. 

How to avoid overlooking qualified job candidates

Some could be overlooking qualified workers, Fast Company reports, and there are a number of reasons why. Here are ways companies can ensure they’re not overlooking qualified applicants:

DOTD to convert ‘gas’ stations to ‘fuel’ stations with help of federal funding

Louisiana is in line for almost $11 million in federal funds this fiscal year and more than $73 million over five years for electric vehicle charging infrastructure.