Economic Development

Plans for direct flights from Baton Rouge to D.C. hit pandemic-induced snag

Baton Rouge Metropolitan Airport’s plans to put a $1 million grant toward direct flights to Washington, D.C., have been slowed due to the pandemic.

Loren Scott to petrochemical industry: Expect ‘cheap’ natural gas

The Capital Region’s petrochemical industry likely will continue to benefit from low domestic natural gas prices over the next two years, economist Loren Scott told Greater Baton Rouge Industry Alliance members today. 

How managers can offer workers more flexibility without losing productivity 

If employees want the benefits of flexibility, they’ll also need to shoulder some of...

Job openings rose nationally in December amid worker shortages

U.S. employers stepped up their search for workers in December despite the looming impact of the omicron wave of coronavirus infections.

LED retains international economic development accreditation

Louisiana Economic Development remains the only state agency in the U.S. to be accredited by the International Economic Development Council, following its renewed accreditation, according to an LED announcement. 

Louisiana, Texas want to take carbon capture oversight away from feds

Louisiana and Texas are hoping to wrest oversight of carbon capture wells from federal...
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ExxonMobil restructures divisions as it moves headquarters to Houston area

ExxonMobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.

Louisiana lost the most construction jobs in US last year 

Louisiana had the steepest one-year construction employment decline in the U.S. in 2021 with a 15% contraction, Reuters reports.  

Baton Rouge General planning more neighborhood hospitals

Baton Rouge General Medical Center is planning to establish “a couple” more facilities along the lines of its Ascension Neighborhood Hospital over the next few years, CEO Edgardo Tenreiro says. 

Rents keep rising in Baton Rouge as home affordability shrinks

Rents in Baton Rouge have hit an all-time high, and as for when they will drop back down seems to be anyone’s guess as home prices also continue to climb.