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re: Southern Economies at a glance

Posted on 4/19/14 at 10:15 am to
Posted by tween the hedges
Member since Feb 2012
20240 posts
Posted on 4/19/14 at 10:15 am to
quote:

Louisiana and Texas have the best economies in the south without a doubt.
quote:

No business wants to be in a piece of shite state like Georgia or Alabama.
what?
Posted by PNW
Northern Rockies
Member since Mar 2014
6193 posts
Posted on 4/19/14 at 10:17 am to
His screen name is that of a Georgia native too
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63865 posts
Posted on 4/19/14 at 10:33 am to
Grads from Auburn, Bama, LSU, UT, USC all hop on the train to Atlanta after graduation to find work, because there isn't much in there own shite states for the most part. That inflates ATL's unemployment numbers. If all the Auburn and Bama grads went back to Alabama, their unemployment rate would be around 80%, and ATL's would be about 2%.
This post was edited on 4/19/14 at 10:34 am
Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 4/19/14 at 10:39 am to
10. Louisiana
> Well-being index score: 64.9
> Life expectancy: 75.7 years (4th lowest)
> Percent obese: 32.7% (4th highest)
> Median household income: $42,944 (8th lowest)
> Percent with high school diploma: 83.0% (4th lowest)

.....and people want to brag about that?
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 4/19/14 at 10:42 am to
That's because not many people live in Wyoming. I love your state. I was talking about Georgia.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 4/19/14 at 10:44 am to
quote:

JordonfortheJ


Looks it's another gump coming on a Lsu website
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10155 posts
Posted on 4/19/14 at 10:50 am to
quote:

With all these plans for Louisiana, maybe next year they'll rank higher than 40th on Forbes list of best states to do business.


We're doing just fine, thanks though

eta: If you'd like additional statistics/charts on the ED of Louisiana, please let me know

quote:

TOPS FOR ECONOMIC GROWTH
Outperforming the South and the nation as an emerging economic development leader, Louisiana lands a No. 2 ranking in 2013 for economic growth potential by Business Facilities magazine. It’s yet another sign of Louisiana’s emergence as the most rapidly improving business climate in the country.

quote:

TOP 10 FOR BUSINESS CLIMATE
In three national business climate rankings – Area Development, Business Facilities and Site Selection – Louisiana now ranks among the Top 10 states in the U.S.

quote:

LOUISIANA'S WORKFORCE BEST IN NATION FOR ENTHUSIASM AND INVESTMENT IN CAREER
In 2013, Gallup ranked Louisiana as the highest state in the U.S. for workforce engagement. The poll identified Louisiana workers as the most likely to be involved in and enthusiastic about their work.

quote:

LOUISIANA NAMED STATE OF THE YEAR
In 2013, for the fourth time in five years, Southern Business & Development magazine recognized Louisiana as a "State of the Year" in the South, thanks to significant growth in national rankings and economic progress. Baton Rouge, New Orleans, Lake Charles and Ascension Parish also received individual honors.

quote:

LOUISIANA IS NO. 1 EXPORTER
In 2013, the U.S. Chamber of Commerce named Louisiana the No. 1 export state in the nation along with a No. 2 rank in export growth and third for income growth per capita. Driven by a national leadership in exports, a strong energy sector and an investment in creating a diverse economic base, Louisiana is quickly becoming a national leader for international trade and growing business.

quote:

LOUISIANA'S BUSINESS CLIMATE IS NO. 4
Continuing its impressive economic rise, Louisiana placed No. 4 in Business Facilities magazine’s Best Business Climate rankings in 2013 – up from its previous ranking of No. 5 in 2012. Today, Louisiana now ranks higher in every national business climate ranking than it ever did prior to 2008.
quote:

NO. 1 FOR FEATURE FILMMAKING
Louisiana claimed the top spot for feature filmmaking in 2013 by hosting principal production for more movies than Canada, the United Kingdom, California or any other U.S. State, according to FilmL.A.

quote:

NO. 2 FOR TAX COMPETITIVENESS
The Tax Foundation ranked Louisiana second in the U.S. for lowest tax burdens faced by new firms and 10th for mature firms. This low cost of doing business coupled with the state's low cost of living make Louisiana a magnet of economic opportunity.

quote:

MOST IMPROVED STATE FOR BUSINESS CLIMATE
In an analysis of top pro-business states for 2013, Pollina Corporate Real Estate ranks Louisiana’s business climate No. 14 – the highest placement for the state in the 10-year history of the ranking. Since 2008, Louisiana has climbed 26 spots in the Pollina ranking, making it the most improved state in the nation over the past five years.











This post was edited on 4/19/14 at 10:56 am
Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 4/19/14 at 10:58 am to
Skippy, it's all about context. From your Forbes link:
quote:

Since 2007 New Orleans’ population has grown 28% to 370,000. Many are newcomers who came, at least initially, to rebuild the city. But the city is still way below the 2002 population of 472,000, much less its high of 628,000 in 1960.


Good news....in 2060, N.O. might be as big as it was in 1960.

The same holds true for N.O. Murder Rate
On the surface, folks trumpet the improvement....but look a little closer and you'll see:
quote:

The estimated 2013 rate of more than 40 killings for every 100,000 people remains more than eight times the national average.
New Orleans has for years jockeyed with other infamously bloody places for the highest per capita rate of killings, and it is unlikely to lose its spot among America’s most murderous cities. The city placed third in 2012, after Flint, Mich., and Detroit, both of which saw similar reductions in killings this year, according to local news accounts.


N.O. has always been and will always be the armpit of the South.
Posted by Tornado Alley
Member since Mar 2012
26498 posts
Posted on 4/19/14 at 11:22 am to
quote:

New Orleans-4.2%


Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35606 posts
Posted on 4/19/14 at 11:25 am to
quote:


N.O. has always been and will always be the armpit of the South.


Keep looking to the past to judge the future. I'll enjoy the strides New Orleans is making and will continue to make along with the rest of the Gulf Coast.
Posted by Louie T
htx
Member since Dec 2006
36300 posts
Posted on 4/19/14 at 11:31 am to
It's not even worth responding to him. He chastises others for misleading & incomplete information, and he then uses a singular murder rate statistic determine a city's worth.
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35606 posts
Posted on 4/19/14 at 11:37 am to
That's fine. He can do what he wants and miss out on the good things hapoening. His loss and our gain.
Posted by JuiceTerry
Roond the Scheme
Member since Apr 2013
40868 posts
Posted on 4/19/14 at 11:45 am to
Well we know Baton Rouge leads in this cultural category LINK
Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 4/19/14 at 12:17 pm to
quote:

Keep looking to the past to judge the future. I'll enjoy the strides New Orleans is making and will continue to make along with the rest of the Gulf Coast.


If N.O. floats your boat; have at it.

As far as the "looking to the past to judge the future", I heard the same thing in the '70's and '80's. Fast forward and the city is still at the forefront of political corruption and crime.
The state of Louisiana ranks very low in almost every economic and social scale....that is a fact. If you choose you ignore the obvious, that's up to you.
People who trumpet gains made by the state can only claim it's not as shitty as it once was...but it doesn't mean it's NOT shitty.

Perhaps you missed this:
10. Louisiana
> Well-being index score: 64.9
> Life expectancy: 75.7 years (4th lowest)
> Percent obese: 32.7% (4th highest)
> Median household income: $42,944 (8th lowest)
> Percent with high school diploma: 83.0% (4th lowest)
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35606 posts
Posted on 4/19/14 at 12:35 pm to
Obviously Louisiana has its problems. No one being intellectually honest would tell you differntly. It's been a historically poor state that has built most of its economy on energy and the chemical industry. Sectors that boom and bust. Education is lacking, ect.

I just happened. To see good things happening. IBM investing in Downtown Baton Rouge. The fantastic growth in New Orleans of college educated young professionals. The film and entertainment industry setting up shop. Slowly a more diversified economy is starting to develop at the mouth of the most vital water route through the United States.

We all know the bad, but there is good happening all over as well. You can bitch about how shitty it still is, or take notice of the strides that are being made. Obviously it's not going to be amazing overnight. However if you see what's happening all over the gulf coast and Louisiana specifically and aren't excited, you're likely just a miserable count who'd rather be "right" and cynical than embrace the positive momentum.

Your choice.

Posted by TigersOfGeauxld
Just across the water...
Member since Aug 2009
25057 posts
Posted on 4/19/14 at 1:18 pm to
quote:

Perhaps you missed this:


We began the thread with...

Comparing the unemployment rate of southern states...

Alabama-6.7%
Arkansas-6.9%
Florida-6.3%
Georgia-7.0%
Kentucky-7.9%
Louisiana-4.5%
Mississippi-7.6%
Missouri-6.7%
South Carolina-5.5%
Tennessee-6.7%
Texas-5.5%

Louisiana (click links on left for other states)

Along the way, we added...

quote:

Forbes: New Orleans is America's fastest-growing city

NEW ORLEANS -- Population-wise, New Orleans is the comeback city of the country. Forbes Magazine just ranked the Big Easy the fastest growing city in America since 2007. It had a long way to go after losing more than half its nearly 500,000 residents after Hurricane Katrina struck in 2005. Forbes credits two things for the city's rapid growth, a partial rebound effect and what is called a "striking economic revival."

There is now expected to be another wave of people flocking to New Orleans when the new University and Veterans Administration Hospitals open over the next few years in the city's emerging Bio-Medical Corridor. "We're trending in the right direction," said Hecht. "What's happening here is not just a population rebound that was going to happen, regardless. But people are voting with their feet because of the opportunity that you have in the new, New Orleans."

"I think you will see a lot of job opportunity at a high level, a high salary," said Rigamer. "You'll see people coming to fill those jobs." "The Bio-Medical Corridor certainly could attract more people from the suburban areas," said Plyer. "That's part of creating those amenities that make the city the attractive place to live rather than the suburbs."


Forbes: New Orleans is America's fastest-growing city

quote:


New Orleans is the top "Brainpower City" & destination for college graduates.

By Mark Waller, NOLA.com | The Times-Picayune

The recent Forbes magazine declaration that New Orleans is the top "Brainpower City" in the United States because of growth in its number of college graduates has triggered another accolade from a national publication.

Drawing on the Forbes report, the IndustryWeek publication for the manufacturing business again listed New Orleans top among cities as a destination for college graduates.

IndustryWeek added, "Graduates can find jobs in a variety of areas as the city is investing $20 billion in six target sectors. Industries include three foundational sectors: Advanced Manufacturing Energy, International Trade and three diversifying sectors: Digital Media, BioSciences and Emerging Environmental."


New Orleans as a draw for college graduates

quote:

With nearly $84 billion in petrochemical plant construction projects and thousands of workers in the pipeline for Louisiana over the next few years, officials say it is time to start planning how to handle the impending boom

Dan Borné, president of the Louisiana Chemical Association, described it as one of the “great tsunamis of investment” to happen in U.S. history.


Chemical boom

And finally...

quote:

“Because of all we have done to make Louisiana a great place to do business, we have now set another record for the number of people working, exceeding 2 million workers for the first time in Louisiana history,” Gov. Bobby Jindal said in a statement.

“That’s even more significant when you consider that many announced major projects that will drive employment for years have not yet begun construction,” said Curt Eysink, executive director of the Louisiana Workforce Commission.

The state has been setting monthly employment records since January 2013. Not many states have more people working now than in 2008, when the Great Recession struck, Scott said.

Although economists place more emphasis on nonfarm jobs because of better data, having total civilian employment top 2 million is “a big deal,” economist Loren Scott said. Scott tracks economic data for nine other states stretching east and north of Louisiana. Most of those states have yet to recover half the jobs they lost.

“Not only are they down, they are way down,”
Scott said.

In addition, none of those states are seeing anything close to the sort of industrial expansions or new projects being announced in Louisiana.


2 million

Add them altogether, and it adds up to an epic economic arse-kicking.

Posted by CountryVolFan
Knoxville, TN
Member since Dec 2008
2969 posts
Posted on 4/19/14 at 1:21 pm to
Congrats on having Oil Louisiana and Texas.
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10155 posts
Posted on 4/19/14 at 1:25 pm to
I'd rather look at the good also. The economic boom truthfully hasn't even hit Louisiana yet. I'd give it 5-10 years.

The new BioDistrict in NOLA currently being built, Sasol in Lake Charles is a 17-20 BILLION dollar capital layout project. The largest international investment on American soil in the history of our country, IBM in partnership with LSU Engineering, Centurylink HQ expansion in Monroe, & hundreds more

LED's international department recently expanded too and Louisiana is not only competing with states for jobs but with countries such as Ireland, Poland, to name a few
This post was edited on 4/19/14 at 1:33 pm
Posted by Tornado Alley
Member since Mar 2012
26498 posts
Posted on 4/19/14 at 1:25 pm to
New Orleans is the greatest city on the planet.

If you're not involved in the crack trade, you won't get murdered or mugged.

/thread
Posted by TigersOfGeauxld
Just across the water...
Member since Aug 2009
25057 posts
Posted on 4/19/14 at 1:31 pm to
quote:

Congrats on having Oil Louisiana and Texas.


It's not just oil...

quote:

An ample supply of cheap natural gas has triggered the boom, with most of the activity centered between Baton Rouge and New Orleans and around Lake Charles.


Chemical boom
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