Business News

First-quarter drop in GDP not seen as prelude to recession

The U.S. economy shrank in the first three months of the year, and faces...

BRAC launches small business services program

The Baton Rouge Area Chamber today announced the formal launch of its small business...

The Water Campus’ Smart Port dashboard becomes vital tool for river traffic

The technology behind the groundbreaking Smart Port initiative launched last year at The Water...

TRENDS: Capital Region retail market sees post-pandemic rebound

The Baton Rouge-area retail market has rebounded from the lows of 2020 and is on an upward trajectory through the first quarter of this year, according to Charlie Colvin of Momentum Commercial Real Estate.

Louisiana Survey shows growing polarization over abortion 

The final installment of the Louisiana Survey, released today, suggests that Louisiana residents are...

Focus Foods moving to former Valuzzo-McDonald’s distribution plant 

Baton Rouge-based Focus Foods, a meal solutions manufacturer founded in 2019, today announced a $1.7 million expansion and relocation from its Celtic Studios base of operations to a larger site in Baton Rouge. 
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TRENDS: Garden offices remain popular in Baton Rouge

Across the country, tier one office markets are going back to pre-pandemic norms and larger office brokerages are seeing renewed demand

Energy Department OKs additional LNG exports from future Louisiana terminal

The Energy Department on Wednesday authorized additional exports of liquefied natural gas from planned terminals in Texas and Louisiana.

TRENDS: Baton Rouge-area apartment rents up, vacancies down

Capital Region apartment vacancies came down over the past year and rents shot up, reversing the pre-pandemic trend, according to data Baton Rouge-based real estate appraisers Cook, Moore, Davenport and Associates compiled. 

Legislation to create new type of loan for low-income borrowers draws critics

State Sen. Rick Ward, R-Port Allen, has proposed creating the “credit access loan,” a new type of financial product for Louisiana, intended for borrowers who can’t qualify for a bank loan.