The Louisiana Association of Business and Industry (LABI) recently hosted its annual “flyback” event, bringing congressional leaders and policy experts to Louisiana for two days of discussion on the state’s economic challenges and opportunities. Jim Patterson of LABI described the gathering as a valuable exchange of information for members, featuring presentations from state and national leaders.
The event opened with Louisiana Economic Development (LED) Secretary Susan Bourgeois, who highlighted significant progress under her tenure: $64 billion in capital investment, 50,000 new jobs, $100 million in startup funding, and 177 active projects that could add thousands more jobs. Bourgeois emphasized that while outsiders view Louisiana positively, residents themselves often hold negative perceptions, which may contribute to youth out‑migration. Her office is working to reframe the narrative and promote the state’s strengths.
Other speakers included Stephen Moray of the Strata Education Foundation, former LED secretary, and Manish Bhatt of the Tax Foundation, who analyzed Louisiana’s tax competitiveness following recent legislative reforms. National perspectives were provided by the U.S. Chamber of Commerce and the National Association of Manufacturers, while Agriculture Commissioner Mike Strain discussed the importance of agribusiness.
The flyback also featured updates from Louisiana’s congressional delegation. Senator Bill Cassidy spoke directly, while Representative Troy Carter sent a video message. Staff from Representatives Julia Letlow, Steve Scalise, and Speaker Mike Johnson also briefed attendees. Federal leaders acknowledged Louisiana’s population decline and its impact on workforce development, noting efforts to expand Pell Grants and address broader economic concerns. They also discussed the reopening of government operations and upcoming debates over the Affordable Care Act, which is expected to undergo significant changes.
Overall, the conference underscored both Louisiana’s economic progress and its pressing challenges, particularly retaining talent and reshaping public perception, while highlighting collaboration between state leaders, business groups, and federal representatives.
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