Lafayette Parish’s June retail sales of more than $500 million reflect a 12 percent increase over June a year ago, and that activity boosts the year-to-date figure to $2.8 billion, 10.1 percent more than the first six months of 2011.
“June retail sales mark only the third time we’ve seen a $500 million month that was not a December; the previous two times were in March and May of this year,” says Gregg Gothreaux, president and CEO of the Lafayette Economic Development Authority. “With six months of sales recorded, LEDA’s forecasting model shows that we will beat the all-time high of $5.4 billion set in 2008 with total sales approaching the $6 billion mark.” If LEDA's model is accurate, Lafayette Parish would best its record by more than 11 percent.
LEDA also notes that hotel/motel receipts continue to outperform 2011 totals. June receipts totaled $6.7 million, pushing the year-to-date total 14.6 percent higher than the first six months of 2011.
So far this year, general merchandise and services are the top performing categories, with increases of 9.8 percent, 9.4 percent and 7.8 percent, respectively, over 2011 numbers. All other categories show increases over 2011, except furniture, which is down 5 percent.
The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.
Oilfield service company’s year-over-year revenues climbed 3.7 percent.
Move is part of company-wide consolidation of residential call centers.
Contentious deposition renders LOGA chief too ill to testify. Here's why.
Proposal for the upcoming legislative session would set Louisiana’s minimum wage at $10 per hour, beginning in 2015, up from the federal rate of $7.25 per hour.
Patrick Kane II recalls his mother awakening him 50 years ago to say his dad’s plane was missing.
His health affected by a contentious deposition last week, the LOGA chief says he can't testify (court will reconvene March 10).
Chair of the energy committee, Mary Landrieu (discussing the urgency of Keystone with Canadian Foreign Minister John Baird) should get the respect she deserves in Louisiana.
A fundraiser co-chaired by former U.S. attorneys from both sides of the political aisle could signal the end of Mike Harson’s long grip on the D.A.’s office.
Former W. Home Furnishings owner Rene Ward faces seven years in prison.
Stuller’s Danny Clark focuses on satisfied customers and effective employees as he settles in as the company’s president/COO.
Sterling Ford-Lincoln of Opelousas ribbon cutting and the State of the Parish address
Increases in higher-end home sales say a lot about the health of the overall market.
Who joined whom or got promoted?
World-class athlete riding high in custom bike biz.
Setting the record straight on that February story in HuffPo
Liability waivers — what you need to know before you sign
A one-man operation, Brett Gauthier is bringing the oil and gas industry into the age of digital animation.
Planning a meeting with results
Local Ad Fed’s Copywriter of the Year and recently named creative director at Russo tapped for Boston Marathon project.
Forecasts for more frigid weather drive prices to highest level in four years.
CiCi's Pizza on Johnston Street will be torn down to make way for popular bakery-café Panera Bread's first Lafayette store.
A computer services company announced Tuesday that it plans to open a new technology center in Bossier City, creating 800 new jobs and bolstering efforts to position northwest Louisiana as a center for cybersecurity work.
The four-week moving average, which is a less volatile measure of claims, decreased to 2,332 from the previous week's average of 2,566.
Auto dealership welcomes the community to celebrate