Economic Development

Business expansions, relocations, incentives, and investment fueling economic growth across the Baton Rouge area.

ExxonMobil cuts Baton Rouge refinery production, contract workforce

ExxonMobil cut production on Saturday at its 502,500-barrel-per-day Baton Rouge refinery as poor demand...

In cost-cutting move, ‘The Advocate’ goes to four-day workweek, furloughs 10% of workforce

In an effort to keep the “company healthy” amid cuts in advertising, The Advocate...

 Virus roundup …

• The Federal Reserve has announced unlimited bond purchases in an unprecedented move to help...

Media companies, ad agencies tweak messaging to keep clients    

Media companies and advertising agencies have switched to crisis communications mode, positioning themselves as...

Local supermarkets, distributors doing brisk business amid crisis

While the economic fallout from the coronavirus crisis worsens, supermarkets and the distributors that...

A breakdown of businesses deemed essential in stay-at-home order

On the heels of Gov. John Bel Edwards’ stay-at-home order Sunday, the Baton Rouge...
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Residential real estate transactions slow as social distancing becomes the norm 

Like every other sector of the economy, residential real estate transactions slowed to a...

Congress urgently drafting $1T economic rescue package 

Congress worked urgently Thursday to fashion a $1 trillion measure to prop up households...

White House seeks $3 billion to boost strategic petroleum reserves 

The Trump administration said Thursday it is seeking $3 billion from Congress to boost...

First-quarter unemployment tax payments deferred for Louisiana employers

Louisiana employers have received temporary relief from paying their 2020 first-quarter unemployment taxes. Employers will...
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