Retail sales in Lafayette Parish are continuing to rise in 2011, with the first three months besting 2010’s first quarter by 9.62 percent.
February’s 8.64 percent rise in retail spending was the first sign of what might be a sizeable turnaround in retail activity, and March’s 11 percent increase over March 2010 and 24 percent increase over sales a month ago is reason to believe a trend may be developing in this important economic measure.
Total retail sales in March were $475 million, compared with $382 million in February and $427 million in March a year ago.
In 2010, the parish ended up a small 0.78 percent, thanks in large part to a strong showing in December. December spending topped the $517 million mark, making it the fourth highest month on record for the parish, and total sales for the year were $4.8 billion. — Leslie Turk
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to offer shares of its stock to the public for the first time.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.