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The Louisiana Economy

The Louisiana Economy. Division of Economic Development and Forecasting E.J. Ourso College Of Business Louisiana State University. Topics. A bit about our research projects Key features in the Louisiana economy Forecasts for the Louisiana economy Concerns. Division Related Projects.

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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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