News > Press Releases
Jun 19, 2012
National Chamber Foundation says positive workforce, incentive policies spurring Louisiana economy
BATON ROUGE – National leadership in exports, a strong energy sector and policies that are attracting business investment helped Louisiana establish nearly a dozen Top 10 rankings in Enterprising States 2012, a new report by an affiliate of the U.S. Chamber of Commerce.
The National Chamber Foundation takes an in-depth look at the policies, priorities and programs of the 50 states and Puerto Rico, and identifies how states build economic momentum. The report singles out Louisiana for strong job growth while ranking Louisiana the No. 1 export state (with four rankings of No. 4 or better), No. 2 in tax climate for new firms, and No. 2 in per capita income growth.
Other Louisiana rankings include No. 7 for short-term job growth, No. 9 for job placement efficiency and No. 10 for best tax environment for mature firms. Louisiana continues to rebound from the economic impact of the recession, driven by its national leadership in exports, a strong energy sector and its investments in building a more solid, diversified economic base, the report states.
Gov. Bobby Jindal said, “We’ve pursued policies to make Louisiana competitive with the rest of the country and the world to encourage business investment and create opportunities for our people to pursue their dreams here at home. By eliminating burdensome taxes on businesses, restructuring our workforce development system, overhauling our ethics system, and keeping our fiscal house in order, Louisiana now has one of the best business climates in the country. While we have made great progress, our work is not yet done. With the help of our education reforms, we will continue to aggressively position Louisiana for even greater economic growth and more opportunities for our people.”
About the Report