Archive for November, 2011

How will the retirement of baby boomers affect the real estate market?

Monday, November 21st, 2011

In 2011, the oldest of the baby boomers (those born from 1946 to 1964) will turn 65 and become senior citizens. Because of the size of this generation, the senior citizen population in the United States will more than double between now and 2050. Throughout their lives, the baby boomer generation has had an enormous [...]

Louisiana Earns Highest Rank Ever in Business Climate.

Sunday, November 20th, 2011

According to Site Selection Magazine, Louisiana’s business climate ranks #7 in the United States. This years ranking is up from No. 9 in 2010 and No. 25 in 2009. In the categories used to rank business climate , Louisiana ranked No. 1 in competitiveness, No. 1 in the U.S. for per capita project expansions, and [...]

Lafayette Parish Retail Sales Continue Upward Trend

Sunday, November 20th, 2011

Though retail sales are only one measure of the health of an economy, they are indeed a very important key indicator. In Lafayette parish, retail sales are on track to beat the numbers achieved in 2009 and 2010 though it doesn’t look likely that they will surpass the record numbers set in 2008. Retail sales [...]