Chamber Report Touts Louisiana Exports Growth
Louisiana ranked as the No. 1 export state (with four rankings of No. 4 or better), according to Enterprising States 2012, a new report by an affiliate of the U.S. Chamber of Commerce. Louisiana continues to rebound from the economic…
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impact of the recession, driven by its national leadership in exports, a strong energy sector and its investments in building a more solid, diversified economic base, the report said. The report credits Louisiana's success in part to continued investments in its port infrastructure. It said Louisiana's exports grew at a cumulative rate of 232 percent from 2001 through 2011, more than doubling the growth rate of the U.S. at 103 percent for the same period.