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The Louisiana Economy

Explore the research projects, economic forecasts, and key features of the Louisiana economy. Discover the impacts of hurricane recovery, major legislation, and demographic trends on industries such as healthcare, energy, and finance.

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The Louisiana Economy

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  1. The Louisiana Economy Division of Economic Development and Forecasting E.J. Ourso College Of Business Louisiana State University

  2. Topics • A bit about our research projects • Key features in the Louisiana economy • Forecasts for the Louisiana economy • Concerns

  3. Division Related Projects • Louisiana Economic Outlook • Occupational Forecasting (LWC) • Job Vacancy Survey (LWC) • Economic Development Impact Studies (LED) • Tourism Satellite Account (CRT) • UI Claims Forecast • Others: Green Jobs, LHIS

  4. Unemployment Rates: U.S. and Louisiana

  5. US Employment by Industry

  6. LA Employment by Industry 1%  20,000 jobs

  7. Share of US GDP

  8. Share of LA GDP

  9. Key Features of LA • Katrina Rebuilding • Industrial mix • Primarily non-durable goods manufacturing • Heavy reliance on oil and gas industry • Industrial construction

  10. Driver Firms

  11. 2008-2018 Forecastsby RLMA (Preliminary)

  12. Concerns • Hurricane recovery and New Orleans • Major legislation is creating uncertainty in key sectors • Healthcare • Energy • Financial • State Budget

  13. LA Population 1980-2000

  14. Demographic Trends

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