Our previous blog post highlighted recession-proof jobs and employment sectors, so I thought a recent news story about a “recession-proof” state would be pertinent to mention. Most Americans now think of Hurricane Katrina when they hear about Louisiana. But with a new governor, economic prowess, and some optimism, this fine state is ready to rebound from its disaster relief image. The gulf state, already the nation’s number one producer of crude oil, has purchased 1,500 acres of land in hopes of luring a major automotive plant. Additionally, it offers a unique business tax incentive that specifically targets the booming digital media industry. And sights are set on bringing in biotechnology and life sciences companies to diversify the state’s business climate.With all of the international chatter about the U.S. economic backslide, Louisiana’s development team seems undaunted. In fact, Donald Pierson, the state’s assistant secretary for economic development, considers Louisiana to be “a little bit more recession-proof.”
Home » The Recession-Proof State
- State of the Year Award The Volunteer State surges into a leadership position in green-collar job creation with an aggressive and innovative economic development strategy.
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Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.
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