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Moving to Monroe? Good news about the local economy...

By
Industry Observer with formerly with Keller Williams Realty Parishwide Partners

Talk to anyone from any other state. The majority are singing the blues about their local economy. Here in northeast Louisiana, we have reason to celebrate! News of large expansions happening in the not-too-distant future makes us excited, but what is already happening BEFORE the new businesses is still good news.

If you're looking for a construction job, Monroe is the place to be. 

Call or text me if I can help you make the move.

Gayle Causey, 318-614-5615
Keller Williams Realty
Monroe, LA USA
http://GayleCausey.com  or http://WestMonroeRealEstate.com

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From The News Star, June 25, 2009 

Monroe's April sales taxes drop; West Monroe has increase

By Greg Hilburn • ghilburn@thenewsstar.com • June 25, 2009

Ouachita Parish sales tax collections dropped slightly in April for the first time this year, but the market economy remains solid in the face of a national recession, an economist said.

Combined collections for all Ouachita taxing jurisdictions fell about 2 percent in April compared with the same month in 2008, but calendar year collections are still showing a gain of more than 4 percent.

"One month isn't an indicator of a trend," said University of Louisiana at Monroe economist Bob Eisenstadt, who analyzes the market's retail sales. "We're still up on the year, and that's contrary to the national economy."

Monroe saw April collections drop 3 percent, but Eisenstadt and Mayor Jamie Mayo said they expect the economy to grow for the city and all parish jurisdictions as major commercial construction projects get under way this year.

The three biggest are the Delta Community College campus, the Monroe Regional Airport terminal and the expansion of the former Guide Corp. facility for production of the new V Vehicle Co. cars.

Delta construction is under way, and ground will be broken for the other two projects this summer.

"There's a large chunk of construction money that's about to land in Ouachita Parish, and that windfall will be followed by permanent jobs," Eisenstadt said.

While most Ouachita jurisdictions showed declines in April, the city of West Monroe posted a strong 9 percent gain. All other municipalities, as well as the hotel-motel tax, posted declines.

Posted by


REALTOR, Relocation Specialist
Direct: 318-614-5615
Find your house with your mouse: http://WestMornoeRealEstate or http://GayleCausey.com

Keller Williams Realty Parishwide Partners
1390 Hudson Lane, Monroe, LA USA 318-812-SOLD

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