The Hub City ranks a respectable 14th among American cities in news/politics website The Daily Beast’s list of the 20 cities most resistant to the recession. Baton Rouge lands fourth on the list. They are the only two Louisiana cities to earn a ranking.
Using data from the federal bureaus of Labor Statistics and Economic Analysis, the website tracked cities that have shown positive growth since 2007 in three areas: overal employment, per capita personal income and the gross domestic product of the metro area. Each city was ranked individually within each category; those figures were combined for composite rankings to determine the final order, with employment and personal income being weighted at 45 percent each and GDP at 10 percent.
According to the website’s figures, Lafayette’s 2007-2009 employment increase was 0.9 percent. Income increased in the same period by 1 percent for a per capita personal income of $40,250. GDP increased 5.8 percent from 2007 to 2009.
Jacksonville, N.C., leads the list, followed by Fort Hood, Texas, and Fayetteville, N.C. Cedar Rapids, Iowa, rounds out the top five. To see the list, click here.
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again, it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to go public this year.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.