Economic Development

Inflation keeping small business owners on edge 

The NFIB Small Business Optimism Index decreased slightly in January to 97.1, down 1.8 points from December as Inflation remains a problem for small businesses.

Women still struggling to rejoin workforce

Women are still struggling to get back to work following the pandemic-related layoffs and school closures that led many to drop out of the labor force, and the omicron variant may have made it even more difficult.

Alliance Compressors plans $45M facility expansion 

Alliance Compressors LLC today announced plans to invest $45 million over the next two years to expand its compressor assembly facility in Natchitoches

After perfect storm of disruption, state’s industrial sector faces uncertain 2022 

A host of factors conspired to create a perfect storm for Louisiana’s industrial space over the past two years, ranging from pandemic-induced supply chain disruptions to an increasingly hostile regulatory environment. As a result, many industry leaders are hesitant to predict, with any certainty, what 2022 might have in store.

MovEBR program includes big plans for Lee Drive

In an effort to alleviate area traffic, MovEBR project managers have set their sights on redesigning a portion of Lee Drive from Highland to Perkins Road, a $35 million project.

DDD interim director leaving as search for permanent replacement begins

Gabriel Vicknair, interim executive director of the Downtown Development District, announced today he will leave the position and the commission entirely in early March.
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PSC decision clears way for $740M renewable energy plant 

Plans for a $740 million renewable energy plant south of Plaquemine kicked into high gear last week when the Louisiana Public Service Commission

The supply side of industry economics

On the heels of a tumultuous couple of years, there’s a mix of good and bad in store for the industrial sector.

What rapid wage growth means for the economy going forward 

The startlingly rapid pace of job creation in January captured all the headlines Friday....

Louisiana ‘aggressively’ dedicating federal money for broadband

Louisiana is ahead of most states in its efforts to improve internet access and usage, says Jon Wilkins, a consultant and former chief operating officer for the FCC.