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Port of South Louisiana: Your Key to the World

Business Facilities

The Port of South Louisiana, founded in 1960, has grown in size and strength to become the largest tonnage port in the Western Hemisphere as well as, according to a recent report by international shipping magazine Fairplay, the 16th ranked port in the world out of 5,000 ports. billion in income, $14.4 billion in revenue, and $72.5

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Americans Are Most Severely Cost-Burdened in These Overpriced Housing Markets

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A growing number of Americans are forced to spend more than 50% of their combined household income on housing costs in a bear market defined by record high home prices and rising interest rates. with 31.08% of households spending 50% or more of their incomes to afford housing costs. Housing Markets. Affordability. Housing Markets.

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These Cities Are Becoming More Affordable for Renters

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More than 40% of renters pay more than a third of their income on housing costs, meaning affordability typically affects renters more than it would homeowners, according to Smart Asset. Between 2016 and 2019, rent as a percentage of income fell by almost 8%. Mon, 11/16/2020 - 10:37. Coastal cities dominate the top of our list.

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The Mortgage Denial Rate Was 84% Higher for Black Applicants in 2020

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of white applicants, and states like Mississippi, Louisiana, Arkansas, and South Carolina reported the highest denial rates at 31%, 26.1%, 26%, and 25.8%, respectively. This is partly a result of longstanding income and credit disparities that only deepened during the pandemic. Nationwide, 19.8% Market Data + Trends. Affordability.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

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Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. Louisiana, no. San Antonio, TX is now billing itself as the “Cyber City”, and with good reason.

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Technology Center Opens At UL Lafayette Research Park

Buisness Facilities Contributed Content

CGI Federal recently celebrated the dedication of its 50,000-square-foot information technology center that serves as an anchor for the 143-acre University of Louisiana at Lafayette Research Park. LED began discussions with CGI about a potential Louisiana technology center in August 2012, leading to an April 2014 announcement of the project.

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Global Growth Surge in Southwest Louisiana

Business Facilities

While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). By the BF Staff. From the July/August 2017 Issue. Photo: SWLA). Edwards said. “We