Louisiana’s gross domestic product — the measure of goods and services produced in the state — was in the top tier in the nation in 2009, according to an article in today’s Advocate citing the federal Bureau of Economic Analysis. The Bayou State also outpaced all other states in the southeastern U.S. The top-producing states were Oklahoma (6.6 percent), Wyoming (5.4), North Dakota (3.9) and Alaska (3.5).
According to the BEA analysis, Louisiana’s GDP rose 2.5 percent to $187.93 billion in 2009; 39 states showed declines. LSU economist Loren Scott, speaking to The Advocate, attributed the state’s positive growth to oil and gas, construction and the hospitality industries.
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.