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re: Southern Economies at a glance
Posted on 4/19/14 at 2:10 pm to tween the hedges
Posted on 4/19/14 at 2:10 pm to tween the hedges
quote:
People say GA sucks outside of Atlanta
And to be fair, Georgia doesn't suck outside of Atlanta.
Atlanta sucks too.
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Posted on 4/19/14 at 2:10 pm to wadewilson
You must not realize that Georgia is deemed as Hollywood of the South nowadays.
Posted on 4/19/14 at 2:11 pm to PNW
quote:
You must not realize that Georgia is deemed as Hollywood of the South nowadays.
does this mean everyone in Georgia is a count?
sorry couldn't resist
Posted on 4/19/14 at 2:12 pm to Wallacewade04
Everyone in Georgia is a count. It Is known.
Posted on 4/19/14 at 2:12 pm to Wallacewade04
No, it means that whoever is proud of their state raking in movie productions needs to look outside the box and realize it's not just their state that is attracting production companies.
By reading this thread it's obvious that Louisianans are so caught up in their own state they fail to realize what's happening outside of it. WAKE UP. There are places all over the U.S. that are benefitting from the improving economy.
By reading this thread it's obvious that Louisianans are so caught up in their own state they fail to realize what's happening outside of it. WAKE UP. There are places all over the U.S. that are benefitting from the improving economy.
This post was edited on 4/19/14 at 2:14 pm
Posted on 4/19/14 at 2:12 pm to wadewilson
Louisiana. Come for the "culture" (too much food and booze) leave with the AIDS.
Posted on 4/19/14 at 2:13 pm to PNW
quote:
You must not realize that Georgia is deemed as Hollywood of the South nowadays.
That title belongs to Louisiana.
quote:
If this year's Oscars proved one thing, it's that Louisiana is making some of the best movies out there right now, as four of the six highest-profile Academy Awards went to New Orleans-shot films. Now it would appear the Bayou State is making more of them than anyone as well.
A report released late last week by the nonprofit Film L.A. -- the city of Los Angeles' film office -- shows that the Louisiana film industry in 2013 overtook that of California for the title of the film-production capital of the world. Of the 108 major-studio productions released into theaters last year, 18 were shot substantially in Louisiana, according to the study. Among them: the Oscar-winning "12 Years a Slave" and "Dallas Buyers Club," as well as such impressive box-office performers as "G.I. Joe: Retaliation," "The Butler" and "Now You See Me."
LINK
Posted on 4/19/14 at 2:13 pm to Duke
quote:
Gotta invest sometimes to get things going. Plus tax credits are how every state is buying off industires. This isn't different than anywhere else.
Do you really believe those jobs would remain in LA w/o the tax credits? I hope you aren't that naive
quote:
But Louisiana’s strategy comes with its own set of problems for the state. While it might attract lots of sexy film work, it’s costing the state millions. According to the Louisiana Department of Economic Development, the tax breaks cost the state $168 million in 2012. That’s money that could have gone to funding schools or businesses that have a higher likelihood of sticking around for the long term like fishing or oil.
Most people I talked to for my story freely admitted that if the tax incentive went away tomorrow, they would move production to the location offering the best deal.
I never said other cities don't offer them, but you have to admit it's nothing more than buying temporary jobs.
Posted on 4/19/14 at 2:14 pm to northalabamacracker
Sorry for partying.
Posted on 4/19/14 at 2:15 pm to TigersOfGeauxld
quote:
we'll pass 5 million in 2 years, and 6 million in four.
Da frick?
Posted on 4/19/14 at 2:19 pm to northalabamacracker
I don't know how he figured that considering Louisiana only gained less than 100,000 in the past 4 years.
Posted on 4/19/14 at 2:19 pm to PNW
Obviously the tax credits are why they are here now. If you can't understand the value of them setting up infrastructure and creating jobs in production I don't know why we're having the conversation.
Yes, drop the tax credits today and they pack up. The net benefit of those tax breaks have been positive and giving them time to lay down roots make them less likely to move away in the future if the credits are reduced.
This is just one example of Louisiana making a proactive move to attract new industries. A better economy isn't built on oil alone.
*I am responding to arkwhatever, not you PNW*
Yes, drop the tax credits today and they pack up. The net benefit of those tax breaks have been positive and giving them time to lay down roots make them less likely to move away in the future if the credits are reduced.
This is just one example of Louisiana making a proactive move to attract new industries. A better economy isn't built on oil alone.
*I am responding to arkwhatever, not you PNW*
Posted on 4/19/14 at 2:20 pm to northalabamacracker
Most IT people in New Orleans have to leave because they either can't find a job there period or because salaries there are crap compared to other regional market. Add to that New Orleans is becoming a very expensive place to live
GE only moved in because of the tax incentives and half of their workforce isn't even from Louisiana.
Exxon Mobil just moved over 80 permanent IT positions from New Orleans to Houston.
Putting a market like Atlanta in the same sentence with New Orleans is ridiculous.
The economic boom said to be taking place in New Orleans is an illusion.
Posted on 4/19/14 at 2:25 pm to arrakis
quote:
, the tax breaks cost the state $168 million in 2012. That’s money that could have gone to funding schools
Pathetic.
But we da Hollywood of da south.
When you start on or near the bottom any growth looks amazing.
And as long as tourism industry is the top employers unemployment will always be low. Its not hard to get a job in N.O. as a waiter, bouncer, stripper, bartender, or maid in a hotel.
Plus we just had wrannlinmania. Just ask CP3.
Lets just all be positive like Duke says and live in happy denial.
Posted on 4/19/14 at 2:25 pm to TROCKS50
IT is the only industry that matters? I guess since IT jobs are tough to come by in New Orleans right now, everything is fricked.
Also you go on talk about how the boom is an illusion and people can't get a competitive wage and in that same sentence comment on how it's getting more expensive to live there. So let me get this straight, the cost of living is increasing in New Orleans because wages are falling and people are moving away? Right...
makes perfect sense.
Also you go on talk about how the boom is an illusion and people can't get a competitive wage and in that same sentence comment on how it's getting more expensive to live there. So let me get this straight, the cost of living is increasing in New Orleans because wages are falling and people are moving away? Right...
makes perfect sense.Posted on 4/19/14 at 2:32 pm to Duke
New Orleans has the Mercedez Benz Superdome that can't keep the lights on
Atlanta has the North American Headquarters for Porsche being built
Topped Out
Atlanta has the North American Headquarters for Porsche being built
Topped Out
This post was edited on 4/19/14 at 2:33 pm
Posted on 4/19/14 at 2:33 pm to Duke
Worth repeating...
2 million
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
Posted on 4/19/14 at 2:35 pm to Duke
quote:
So let me get this straight, the cost of living is increasing in New Orleans because wages are falling and people are moving away? Right... makes perfect sense.
Katrina certainly made the cost of living go up if you are a home owner and it hasnt went back down.
Posted on 4/19/14 at 2:38 pm to TigersOfGeauxld
How many of that 2 million work in the tourism and hospitality industry? 
Posted on 4/19/14 at 2:40 pm to northalabamacracker
A lot of mad ppl in this thread.
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