economy

multisanti / Flickr

This week the city unveiled a public-private venture to grow the local economy, called Prosperity NOLA. Rod Miller is CEO of the New Orleans Business Alliance, and Aimee Quirk is Economic Development Advisor to Mayor Mitch Landrieu. Both sat down with WWNO’s Eve Troeh to talk about the goal: to make New Orleans a more attractive place for specific types of business, in the next five years.

Aimee Quirk described how the plan developed, with more than 200 business, government, nonprofit and higher education leaders.

The former head of the North Louisiana Economic Partnership, Kurt Foreman, is keeping a close eye on the rebuilding process in tornado-ravaged Moore, Okla., as executive vice president of economic development at the Greater Oklahoma City Chamber of Commerce. His chamber represents 5,400 companies, Foreman said, and now the focus is on helping the ones in Moore.

Eileen Fleming / WWNO

New Orleans Mayor Mitch Landrieu is hosting the fifth annual World Cultural Economic Forum this week. It’s part of the US Conference of Mayors' drive to harness the financial power of art and culture.

A study from the Greater New Orleans Community Data Center is warning that the post-Katrina money which has protected southeast Louisiana from the worst of the national recession will start winding down. Experts are advising a regional approach to economic growth.

New Orleans officials will be helping locals get work from two of the major “big box” stores — Walmart is looking for subcontractors and suppliers, and Costco is recruiting workers.

First-time claims for unemployment insurance in Louisiana for the week ending Feb. 23, increased from the previous week's total.

The state labor department figures released Friday show the initial claims increased to 2,918 from the previous week's total of 2,426. Initial claims were below the comparable week a year earlier at 2,664.

The four-week moving average, which is a less volatile measure of claims, increased to 2,825 from the previous week's total of 2,821.

Super Bowl XLVIIgenerated a major boost for Baton Rouge tourism. That’s according to Smith Travel Research, which tracks hotel occupancy nationwide, and capital city tourism officials are pleased with the numbers.

Despite uncertainty surrounding federal farm legislation, agricultural economists are optimistic about the market outlook for rice and soybeans with higher prices and more varieties expected.

The American Press reports that was the message given to more than 50 Southwest Louisiana rice and soybean growers attending an agriculture forum last week in Welsh, La.

First-time claims for unemployment insurance in Louisiana for the week ending Dec. 29 fell from the previous week's total, mainly because the Christmas holidays cut a day from the work week.

The state labor department figures released Friday show the initial claims decreased to 2,505 from the previous week's total of 3,495.

The four-week moving average, which is a less volatile measure of claims, fell to 3,262 from the previous week's total of 3,648.

Listen to live special coverage from 2:00 p.m. to 3:00 p.m. of talks between President Obama and congressional leaders regarding impending automatic spending cuts and tax increases.

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