Economic Development

Report: 23% of Louisiana’s small businesses were closed in February

Twenty-three percent of small businesses in Louisiana reported being closed in February, according to a global report released today by Facebook, roughly on par with the national average of 22%.

Louisiana drivers can expect gas prices to reach 3-year high this summer

Louisiana drivers can expect to pay more at the pump this summer, with gas prices projected to rise to the highest levels they’ve reached since 2018.

Ollie’s Car Wash acquired by Atlanta-based Mammoth Holdings

Atlanta-based Mammoth Holdings LLC, a conveyor car wash operator, has acquired Baton Rouge-based Ollie's...

$300M Louisiana bond sale replenishes construction account

Louisiana borrowed about $300 million today to refill the account that pays for state-financed...

Baton Rouge lost 7,100 construction jobs since February 2020

In February, Baton Rouge saw a 15% drop in year-over-year construction employment, according to...

State Sen. Bodi White proposes splitting BREC parks

Sen. Bodi White, R-Baton Rouge, has filed a bill ahead of the April 12...
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What will Amazon deliver?

Amazon announcing it will redevelop the aging Cortana Mall into massive fulfillment center is being hailed as an economic win, but there are costs.

Lamar Advertising launches corporate-sponsored SPAC

Lamar Advertising Company today announced that it has launched a special purpose acquisition company...

Construction permit filed for multifamily development on Bluebonnet

A developer wants to build a 509-bedroom multifamily complex on Bluebonnet Boulevard near its...

Study: Adding women in C-suite helps companies shift strategic approach

Research has shown that firms with more women in senior positions are more profitable,...