Economic Development

Bass Pro in Denham Springs pays off TIF bonds 16 years early

The tax increment financing bonds for the Bass Pro Shops location in Denham Springs and the surrounding development have been paid off 16 years early.

BTR’s Thanksgiving numbers top last year’s but still down from 2019

Baton Rouge Metropolitan Airport officials expect to serve about 50% more people this Thanksgiving week than during last year’s while still falling short of 2019, the last pre-pandemic year, by about 20%-30%, says Jim Caldwell, marketing and air service development manager at the airport. 

Baton Rouge remains among nation’s lowest metros for housing inventory

Lack of inventory still appears to be affecting home sales. Baton Rouge was the metro area with the biggest year-over-year decline in active housing supply in September,

BREC wants its parks to be “sponges” for stormwater

BREC is working to ensure its facilities capture as much stormwater as possible, a parks system official says. The system’s work can help demonstrate how “green” infrastructure can work with “gray” infrastructure such as drainage pipes to reduce flood risk.

To reduce turnover, worker shortages, manage your talent like a supply chain 

In supply-chain management, you get what you plan for. Companies understand that principle when...

US to release 50 million barrels of oil from strategic reserve to ease energy costs

President Joe Biden this morning ordered 50 million barrels of oil released from the strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the U.K.
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Louisiana projected to reach new highs in refining, chemical employment 

The LSU Center for Energy Studies unveiled the 2022 edition of its Gulf Coast...

’Revenge shopping’ may offset some supply chain woes for retailers

Ongoing supply chain issues may disrupt retailers’ holiday sales plans, LSU marketing professor Dan Rice says. For many businesses, a successful Christmas shopping season is the difference between turning a profit or not for the year. 

Analysis: Defeat won’t end state sales tax collection debate 

Louisiana voters may have rejected a constitutional amendment to start the centralization of the state’s sales tax collections, but that doesn’t mean lawmakers and outside groups are giving up on trying to make the change.

Baton Rouge’s Premium Inspection acquired by Texas-based company 

Baton Rouge’s Premium Inspection acquired by Texas-based company