Fascinating Article in Forbes Names Louisiana America's New Business Frontier

In the recent Forbes’ article “America’s New Frontier For Business Opportunity,”Adriana Lopez discusses the remarkable growth of Louisiana’s economy during the last few years.

Lopez suggests that the success of the state is due largely to the fact that Louisiana took an aggressive approach at the onset of the recession in 2008, whereas most states pulled back.

 

 

Governmental reforms, such as Governor Jindal's reduction of state and local tax burdens, contributed to Louisiana's attractiveness to businesses.

 

 

Economic development efforts also played a major role in the economy’s growth. For example, the creation of Louisiana FastStart, a program that “designs comprehensive, customized workforce solutions to eligible companies that are either expanding or new to Louisiana.”

To read the article in its entierty, click here.