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re: Southern Economies at a glance

Posted on 4/19/14 at 2:43 pm to
Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 4/19/14 at 2:43 pm to
IT Jobs
GE and IBM are bottom feeding in N.O. and other cities that offer cheaper alternatives.

quote:

GE is representative of a growing trend to place high-tech jobs in a new cadre of low-cost locations. In addition to New Orleans, the conglomerate has announced, over the past year, new technology centers in Detroit; Richmond, Va.; and San Ramon, Calif.


Click on the city list....

No. 3: New Orleans-Metairie-Kenner, LA

Information employment: 8,200
Growth from 2009-12: 28.0%
2012 Growth: 9.3%

That's a big percent gain, but the actual number of jobs is relatively low. According to the article, Apple could create as many as 3,000 jobs in Austin by itself.


No. 5: Austin-Round Rock-San Marcos, TX
Information employment: 22,200
Growth from 2009-12: 14.9%
2012 Growth: 3.4%


No. 6: Atlanta-Sandy Springs-Marietta, GA
Information employment: 85,000
Growth from 2009-12: 8.5%
2012 Growth: 4.8%


No. 7: San Antonio-New Braunfels, TX
Information employment: 20,300
Growth from 2009-12: 10.9%
2012 Growth: 5.0%

Atlanta's growth was as big as the entire IT sector in N.O.
Posted by Louie T
Houston, TX
Member since Dec 2006
36585 posts
Posted on 4/19/14 at 2:45 pm to
Yeah. There are a number of places I'd move away from New Orleans for simply to experience something different, but none of them are located in the Southeast.

I chose an industry that will allow me to work anywhere. I'm glad I'm not forced into Houston like a lot of people in the region.
This post was edited on 4/19/14 at 2:47 pm
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 2:46 pm to
quote:


Lets just all be positive like Duke says and live in happy denial.


So noticing progress instead of ignoring it to just wallow in the problems is denial? Ignoring the good to highlight the bad is just as much denial, except the miserable count kind.

Education needs work. There is still a crime problem. Infrastructure needs improvement. Guess what though, every other southern state (and really most all of them) have the same problems. We need to make that better, but then you get into the best way to do it.

I think investing in the infrastructure to bring in business that can take advantage of the resources we have at our disposal (ports, access to cheap energy, water (industry uses tons of it)) and use that growth to invest in keeping that future going. You build it and they will come. We have access to the Mississippi River, the Gulf of Mexico, and cheap natural gas right here. It's no wonder industry is looking to expand here. Those industries pay wages and invest in communities. That's how you start working on the ills of poverty. Just throwing tax money at that problem hasn't worked because it doesn't provide the opportunities my method does.

It's far from perfect here, but the progress is to be celebrated because it means a brighter future. Just as the rest of the world is catching up to America economically, the states with the resources to are catching up to everyone else. It's the story of the 21st century and I'm glad my state has the resources to take advantage of this increasingly even playing field. It's ok though, keep being a pessimist. I'd rather less people trying to take advantage of the opportunities coming. Just means more for me.
Posted by Othello
the Neptonian Steel Mines
Member since Aug 2013
24873 posts
Posted on 4/19/14 at 2:49 pm to
That tells us nothing about living standards though. GDP per capita by main cities of a state would actually tell us how people are living.
Posted by wadewilson
Member since Sep 2009
40092 posts
Posted on 4/19/14 at 2:49 pm to
There are a lot of opportunities in Houston, and I'm actually fond of the city, but if I was moving out of Louisiana, it wouldn't be to another place in the southeast.
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 2:51 pm to
quote:


GE and IBM are bottom feeding in N.O. and other cities that offer cheaper alternatives.


Got to start somewhere.

quote:



That's a big percent gain, but the actual number of jobs is relatively low.


So we made nice gains in the infancy of this sector in our economy, but it's not good because the numbers are low? I think we should celebrate the trend and work to keep the growth going. It's more productive than saying the numbers are still low compared to Austin and Atlanta and saying "frick it".

quote:


Atlanta's growth was as big as the entire IT sector in N.O.



And comparing Atlanta's numbers to New Orleans is absurd and you know it.
Posted by Govt Tide
Member since Nov 2009
9537 posts
Posted on 4/19/14 at 2:51 pm to
By "low growth state" I'm referring to population growth, not job growth. States with high population growth like Texas and Georgia have a disadvantage with unemployment stats because they have higher labor participation rates. Up through the 2010 census and even before Katrina, Louisiana had the slowest population growth of all the Deep South states. Now that the economy is picking up there the population growth is finally speeding up.
This post was edited on 4/19/14 at 2:54 pm
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 2:54 pm to
quote:

it hasnt went back down.


Which you would think it slowly would if wages were falling and people were moving out. Housing demand going down would start lowering prices. It keeps going up though...
Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 4/19/14 at 2:54 pm to
We finally have a decent governor.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 4/19/14 at 2:57 pm to
quote:

People say GA sucks outside of Atlanta but LA outside of New Orleans is the worst. Why do you think they picked it for True Detective?


You just mentioned the best tv ever while trying to take down la.

Sorry la is better than Georgia and you no culture sob
Posted by TigersOfGeauxld
Just across the water...
Member since Aug 2009
25057 posts
Posted on 4/19/14 at 2:58 pm to
Exactly. The hate is great, but it's like pygmy's casting stones at a tank.

This kind of economic explosion is unprecedented. It's "..one of the “great tsunamis of investment” to happen in U.S. history." As GR said, "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."

To put it bluntly, Louisiana's success will come at the expense of those "...nine other states stretching east and north of Louisiana"

A lot of current residents of those states will become future residents of Louisiana.

Sorry for partying.

Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 4/19/14 at 3:00 pm to
quote:

Got to start somewhere.


That's true...better 20 years late than never.

quote:

And comparing Atlanta's numbers to New Orleans is absurd and you know it.


.....just putting N.O. numbers in context. Try to keep up.
Posted by PNW
Nevada
Member since Mar 2014
6338 posts
Posted on 4/19/14 at 3:00 pm to
What makes Louisiana so great? The obesity rate, crime rate, low GDP, high AIDS rate, poor education, low paying jobs, etc.

You keep bringing up CULTURE, Culture, and culture. I can tell you that Shreveport does not have culture. New Orleans yes... but that's it. New Orleans has an MSA of 1.2M and that's it. La has 4.6M.

Regardless of culture, Louisiana has poor numbers across the board.
This post was edited on 4/19/14 at 3:01 pm
Posted by tween the hedges
Member since Feb 2012
20555 posts
Posted on 4/19/14 at 3:00 pm to
quote:

You just mentioned the best tv ever while trying to take down la.

That's like praising Baltimore because the wire is a great show.

The show shoes the worst sides of LA for entertainment. Great show but there's a reason they chose the bayou of LA to showcase the depressing redneck area.
Posted by wadewilson
Member since Sep 2009
40092 posts
Posted on 4/19/14 at 3:02 pm to
GIVE ME ALL YOUR HATE
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 3:03 pm to
quote:


To put it bluntly, Louisiana's success will come at the expense of those "...nine other states stretching east and north of Louisiana"


I actually disagree. Louisiana's growth story will be a big piece of the Southeastern growth story. We have warm weather, access to major waterways and proximity to the growing economies of Mexico and South America (though these are more long term). We also have a bounty of resources and a business friendly environment. Georiga, Florida, Texas, Louisiana, Alabama, Mississippi, Tennessee, and Texas are all in position to grow substantially in the next half a century. I mean frick, we're on a coast in the richest country on earth...it has only been a matter of time.
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 3:05 pm to
quote:


.....just putting N.O. numbers in context.


Which may have been needed if I was harping New Orleans as competing with Atlanta and Austin. I've been talking of positive trends in New Orleans, which your own numbers backed up.

Try and keep up.
Posted by tween the hedges
Member since Feb 2012
20555 posts
Posted on 4/19/14 at 3:07 pm to
Just responding to the Georgia bashers...I'll stop because I've gotten in this argument way too many times here.
Posted by Duke
Dillon, CO
Member since Jan 2008
36439 posts
Posted on 4/19/14 at 3:07 pm to
quote:

Great show but there's a reason they chose the bayou of LA to showcase the depressing redneck area.



The writer is from Louisiana and set the story here.

Though I'm sure your theory is just as likely.
Posted by TigersOfGeauxld
Just across the water...
Member since Aug 2009
25057 posts
Posted on 4/19/14 at 3:08 pm to
quote:

I actually disagree.


We'll see. The next 5-10 years, when all the new construction is finished and all the projects are in place, will tell the story.

People are forgetting that all these new projects, on a scale dwarfing those of other states in the southeast, will have enormous trickle down effects.

It's just the thin edge of the wedge.

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