New Orleans, LA — Asked how New Orleans recently managed to rank third — just below Silicon Valley (1st) and San Francisco (2nd) — when it comes to U.S. metro areas attracting information jobs, Michael Hecht of Greater New Orleans, Inc., a local economic development nonprofit group, says, “We realize that it may seem completely counterintuitive.”
However, the ranking, published last month by Forbes, is just one of a number of recently published rankings that underscore the notion that New Orleans is creating jobs — and lots of them. Read our article: New Orleans: The Sleeper Arbitrage Opp for Economic Development
Says Hecht, “We’re the sleeper arbitrage opportunity for business in America. You can do better for less, here in New Orleans, than in any other place in America.” In this edition of Growth Monitor, Hecht offers a recap of how the region has worked to change the perceptions of business owners.
As we advance into the second half of 2013, there are growing indications that business sentiment is improving despite nagging unemployment numbers and a shortage of merger-minded CEOs.
Cindy Crotty, middle-market business watcher and head of KeyBank’s commercial banking segment, once more shared with Middle-Market Executive the findings of a KeyBank’s middle-market business sentiment survey, which reveals that merger-minded business leaders remain a minority in 2013. Download report here.
