Economic Development

Developers turning abandoned office buildings into apartments  

Abandoned office buildings all over the country are being converted into apartments, similar to developer Mike Wampold’s plans for the former Chase Towers, Axios reports.

Louisiana chemical industry keeps wary eye on high natural gas prices

Natural gas prices are higher than Louisiana’s petrochemical industry would prefer but it’s not a serious problem yet, Louisiana Chemical Association President and CEO Greg Bowser says.

Enterprise to add capacity to Acadian Gas Pipeline System

Enterprise Products Partners LP is seeking to expand its Acadian natural gas system in...

Rising ingredient prices making local pizza, pastries more expensive

Higher shipping costs and shortages in labor and goods have driven up prices for almost everything, including perhaps that next slice of pizza or cake.

Military spending packs $10 billion punch in Louisiana

Military spending accounts for $9.64 billion in economic activity across Louisiana—from Barksdale to Belle Chasse and Fort Polk to the Marine Forces Reserve in New Orleans, according to a study released by Louisiana Economic Development in time for Veterans Day.

Why US inflation is so high, and when it may ease 

Inflation is starting to look like that unexpected—and unwanted—houseguest who just won’t leave.
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Baton Rouge records lowest unemployment rate since February 2020 

The Baton Rouge metro area is at its lowest unemployment rate, 4.2%, since February 2020, and the region has enjoyed four consecutive months of job growth. 

Software development company bringing 150 jobs to Baton Rouge

Rural Sourcing, a software development firm based in Atlanta, plans to open a development center in downtown Baton Rouge, officials announced today. 

Agave Blue opening location in Zachary development

Agave Blue Tequila and Taco Bar is opening its second location, this one in the Americana development in Zachary, Elifin Realty announced Wednesday.

Belle Chasse oil refinery closing after being damaged by Hurricane Ida 

An oil refinery in Belle Chasse that was flooded during Hurricane Ida is being shut down and turned into a storage terminal, prompting local leaders to assess the potential economic impacts that could come with losing one of the area’s biggest employers.