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Started By
Message
1
Posted on 7/10/25 at 9:10 am to Swagga
quote:
Didn’t realize this data is just for Q1, so heavily influenced by the tariffs.
Right. For a more clear explanation.
Formula: GDP = C + I + G + (X - M)
Where:
C = Consumption (household spending)
I = Investment (business capital spending)
G = Government spending
X = Exports
M = Imports
The threat of tariffs scared a lot of importers so they frontloaded their inventories in Q1 which increased "M" which lowered the GDP number.
Posted on 7/10/25 at 9:11 am to ragincajun03
quote:
New report: Louisiana economy shrinks to lowest in region
Lowest man on the totem pole is most important as it supports the rest…
So…. Like………. We number 1?
Posted on 7/10/25 at 9:11 am to ragincajun03
quote:
Louisiana posted the worst GDP rate in the Southeast region
And my wife doesn't understand why I don't want to buy a half million dollar house in this state right now.
Posted on 7/10/25 at 9:14 am to Swagga
quote:
Swagga
Landry deserves a lot of shite but one thing he’s done an excellent job of is bringing industrial business to LA.
Not really, they've barely broken the dirt on both projects and are using a LOT of corporate welfare.
I mean JBE had a lot of "economic development wins" and maybe half of them actually hired people and actually made stuff.
Posted on 7/10/25 at 9:15 am to Swagga
quote:
Will be interesting to see this list at the end of the year.
Just an FYI the Atlanta Fed is forecasting +2.6% and the NY Fed is forecasting +1.58% for the next quarter. Everyone is forecasting a positive GDP number next quarter.
Posted on 7/10/25 at 9:16 am to GumboPot
The chem plant/refinery sector has been pretty meh through H1 of 2025…hoping things pick up the second half and into 2026.
Posted on 7/10/25 at 9:16 am to slidingstop
quote:
And please don't tell me about whats "planning" on coming here, because those announced projects are way too far down the road to rely on. If you can provide evidence of something hes done to produce permanent jobs thus far, I'll recant my statement.
this is the problem with LA. Some of you just want to complain to complain. Projects have to be announced, I’m sorry people can’t snap their fingers and produce 500 jobs. Even getting the investments is more than we’ve had since Covid.
Some of you just want to complain and overreact to data heavily weighted by tariffs. Let’s see this list at the end of the year.
Posted on 7/10/25 at 9:17 am to slidingstop
quote:
I'm sure Jeff Landry has a plan to fix all this. Look at what he's done with insurance.
It’s tough to reach him when he’s on a Team Harvey boat everyday.
Posted on 7/10/25 at 9:19 am to ragincajun03
quote:
Louisiana economy shrinks to lowest in region
Never mind that, dahlin. Focus on what is really important. We’re about to head into LSU/Saints football, then Celebration in the Oaks, then Mardi Gras and finally Jazzfest.
Laissez les bon temps rouler.
Posted on 7/10/25 at 9:20 am to TooFyeToFly
The Midwest taking a beating.
Posted on 7/10/25 at 9:20 am to ragincajun03
Get rid of the state income tax. You will see Mississippi easily move past us now that they are phasing it out.
Posted on 7/10/25 at 9:33 am to Swagga
No, it’s because we’re used to this smoke & mirrors.
Big projects are announced all the time. How many of those actually materialize? How many of those actually bring the jobs they say they’re gonna bring?
Big projects are announced all the time. How many of those actually materialize? How many of those actually bring the jobs they say they’re gonna bring?
Posted on 7/10/25 at 9:39 am to ragincajun03
This is an inevitable result of 8 years of JBE Dem leadership. And Landry probably isn’t the guy to pull us out of the mess.
Posted on 7/10/25 at 9:40 am to The Boat
quote:
Sounds like we need Delta and Coca Cola
Well LA started one (delta) and were significant contributors to the success of the other (bottling coke)
Basically Monroe should be Atlanta.
ETA I see your other thread.
What could have and should have been
This post was edited on 7/10/25 at 9:42 am
Posted on 7/10/25 at 9:41 am to Yaboylsu63
quote:and government
but outside of that it seems our biggest industries are healthcare and tourism.
Posted on 7/10/25 at 9:41 am to ragincajun03
Just wait until our two Bucees open.
Posted on 7/10/25 at 9:41 am to Swagga
quote:
Landry deserves a lot of shite but one thing he’s done an excellent job of convincing his supporters that he is bringing industrial business to LA.
Fixed it for you.
Posted on 7/10/25 at 9:43 am to whoa
quote:
Yea it’s great all these projects are in the works, but they’re still years away. A lot can happen between now and then.
Like Jindal spending tens of millions to woo IBM only for them to renege on all their promises?
Posted on 7/10/25 at 9:43 am to slidingstop
quote:
Landry deserves a lot of shite but one thing he’s done an excellent job of is bringing industrial business to LA.
quote:
link?
And please don't tell me about whats "planning" on coming here, because those announced projects are way too far down the road to rely on. If you can provide evidence of something hes done to produce permanent jobs thus far, I'll recant my statement.
Hyundai Steel Plant in Donaldsonville
This one is a pretty big deal.
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