NOLA Business Insider: How is the Louisiana economy doing? Don’t ask… |


It was hoped that 2022 would be a year of economic recovery for Louisiana, with federal relief funds flowing and the return of major events that had been slowed by COVID-19.

However, new data shows that Louisiana’s manufacturing sector contracted at the start of the year, with the state’s overall gross domestic product shrinking much more sharply than the U.S. economy as a whole. Take a look at the latest update on the state’s troubled economic situation, fueled in part by soaring natural gas prices.

Also in the news ahead of the holiday weekend:

ESSENCE OF EXCITEMENT: After the pandemic forced the Essence Festival of Culture to go virtual in 2020 and 2021, Party with a Purpose is once again an in-person event and the city fills with eager visitors for a huge weekend of July 4. We take a look at how companies and partygoers are preparing.

TEXT BOB DEAN: Despite calls from staff to move fragile patients from an unsanitary warehouse after Hurricane Ida, embattled nursing home owner Bob Dean reportedly insisted that no one should be moved unless they were or in cardiac arrest, as seen in text messages recently released in Dean’s arrest warrants. Dean was arrested last week on multiple counts of cruelty, fraud and obstruction of justice.

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