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Southern job growth: Stagnant in Louisiana; rising in Baton Rouge

Despite growth in four regions of the state, Louisiana’s overall job growth has remained relatively stagnant compared to its Southern peers over the past...

The Water Campus is a decade old. What has it accomplished?

It has been a decade since community leaders and local and state government officials gathered at the old municipal dock overlooking the Mississippi River...

How the south Louisiana diamond industry is diversifying options for buyers

When purchasing a diamond, there are many questions to ask yourself. Before the 2000s, diamond buyers mainly had to consider the cut, color, clarity and...

Louisiana trails its neighbors in economic growth, but job numbers are improving 

The Committee of 100 for Economic Development launched a new monthly Louisiana economic intelligence dashboard last week that measures job growth and other economic...

What the Fed is now saying about cutting its key rate

The Federal Reserve indicated today that it’s nearing a long-awaited shift toward cutting interest rates, a sign it has grown confident that its close to fully taming inflation. But the Fed also signaled that the first rate cut is likely months away.

What’s keeping more big name acts from calling on Baton Rouge?

In 2022, Garth Brooks performed in front of more than 102,000 people in a sold-out Tiger Stadium. The concert was earth-shaking—both literally and figuratively—for...

There’s a growing demand for local lobbyists as Louisianans gain leverage on Capitol Hill

Business is booming for Louisiana’s cadre of Capitol Hill lobbyists. As the state’s congressional delegation gains prominence in key political positions, local lobbyists’ preexisting...

Layoffs remain low, even as unemployment claims creep up 

The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates intended to slow hiring and cool the economy.

See how many rate cuts the Fed is projecting for next year

The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates...

Fed’s preferred inflation gauge shows price pressures continuing to ease 

The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth.

Investors gearing up for rate cuts after historic hikes

Nearly two full years after the Federal Reserve began its historic campaign against inflation, investors now believe the central bank will cut rates in...

Here’s where unemployment stands in Louisiana and the rest of the nation

At 3.3%, Louisiana’s seasonally adjusted unemployment rate is once again sitting at a record low, according to data released by the Federal Bureau of Labor Statistics.

Is the economy on a ‘golden path’ to recovery? What it means for interest...

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, suggested Monday that the economy appears to be on what he calls the “golden path,” another term for what economists call a “soft landing,” in which the Fed would curb inflation without causing a deep recession.

Uncertain project economics can put a contractor’s profitability at risk. Here’s how some are...

An industrial contractor’s ability to maintain a healthy profit margin can be tenuous, at best, in an age of fluctuating material prices, rising wages...

Louisiana workers’ pay has risen sharply in recent months 

Louisiana workers saw their median annual wages reach $54,300 in March—the highest since at least October 2020—according to research from the ADP Research Institute.

Baton Rouge home sales down 25% in October from a year ago

Home sales were down about 25% in the Capital Region during October compared to the same month last year, the Greater Baton Rouge Association...

Capital Region sees steep drop in mortgage loans, rise in home equity lending

Mortgage lending activity in the Baton Rouge area continues its steep decline, as rising rates batter the purchase and refinance markets.  The number of new...

For many small businesses, survival contingent on holiday sales

Small businesses have a lot riding on this year's holiday season. Nearly one in four of the 550 business-owner respondents to a recent survey from...

Louisiana ranks 49th on “prosperity index”

Louisiana ranks 49th in the nation for “overall prosperity” among states and Washington, D.C., according to a new report.  According to the American Dream Prosperity...

US initial jobless claims drop slightly

Filings for U.S. unemployment insurance fell slightly last week and remained near historically low levels amid a still-tight labor market, The Wall Street Journal...