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With CEAs signed, $53.6M Bus Rapid Transit system expected to roll out in 2024
State and local officials today executed a series of cooperative endeavor agreements that will allow for the funding and implementation of the Plank-Nicholson Bus...
Baton Rouge, state see job gains during October
Baton Rouge added 6,900 jobs in October, but the area’s total employment last month was down 15,800 jobs from the year before, according to...
US jobless claims rise for first time in five weeks
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent...
2021 Gulf Coast Energy Outlook: Oil production will fall; 2,600 upstream jobs return
Gulf Coast oil production is anticipated to decline each year over the next three years, with futures markets predicting there will be enough supply...
BRAC’s economic indicators show ‘broken-record’ recovery
The Baton Rouge Area Chamber today released its COVID-19 economic indicator dashboard that examines and assesses the impact of the COVID-19 pandemic on the...
Louisiana task force agrees sales tax collections should be centralized
A study group the Louisiana Legislature created has agreed that the state’s complex sales tax collection system should be centralized, though details still must...
BRAC to present 2021 Economic Outlook on Dec. 3
The presentation will offer insights, analysis and a forecast of the Capital Region’s economy for the upcoming year.
Baton Rouge initial unemployment claims spike 30% last week
New unemployment claims in Baton Rouge rose in the first week of November, after sharply dropping at the end of October.
More than 960 initial...
BRAC unveils dates, keynote speaker for virtual economic development summit
The Baton Rouge Area Chamber, in collaboration with the Regional Economic Alliance of Louisiana, will virtually host the fifth annual Statewide Economic Development Summit...
US workers seeking jobless aid dips as COVID-19 cases rise
The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a...
Louisiana economist says rising bankruptcies signal Wall Street disconnect
There’s a serious disconnect between Wall Street and Main Street, says Peter F. Ricchiuti, a business professor at Tulane University, who’s warning against misinterpreting...
More than 2 million women have dropped out of the labor force this year
In late October, Courtney Allen got the call she had been waiting for: A school district asked if she could come back as a...
Memo to state and local governments: Don’t count on more federal money
President-elect Joe Biden most likely will be dealing with a Senate led by Republican Mitch McConnell. That bodes ill for a lot of the...
Baton Rouge initial unemployment claims fell 34% during October
With fewer than 750 new filings last week, initial unemployment insurance claims fell nearly 34% during the month of October in East Baton Rouge...
‘LaPolitics’: Sales tax plan coming together
The task force charged with developing policy ideas for centralizing and streamlining sales tax collections in Louisiana should have a plan to present to...
Weekly US jobless claims top 750,000 as companies continue to slash jobs
The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting...
Baton Rouge peer review
A study regarding the economic development potential of Baton Rouge against peer cities reveals the good, the bad and the ugly of its potential.
Loren Scott: ‘This has been the toughest forecasting market we’ve ever faced’
Economist Loren Scott says there are two large uncertainties to keep in mind when projecting economic recovery through 2022—a vaccine and the presidential election.
Louisiana lawmakers hopeful Congress will find solution to dwindling unemployment fund
State legislative leaders are hoping Congress will give states flexibility to use some federal pandemic relief money to help bail out their unemployment compensation...
LSU-area retailers keeping their eye on the Tigers
Struggling businesses near LSU are hoping the university offers a financial lifeline this fall by opening the campus to students … and football fans.
