Grissom: Modest but stable growth for B.R. in 2008

Monday, January 28, 2008

The Capital Region will see modest but stable economic growth in 2008, says Steven Grissom, interim president and CEO of the Baton Rouge Area Chamber. Grissom, addressing the Baton Rouge Press Club today, pointed to an industrial construction backlog, healthy state and local tax revenues, continuing job growth and limited area impact by a national housing slump as indicators for the optimistic forecast. “We see 2008 going well,” he says. Grissom also outlined BRAC’s top priorities for the year: business recruiting and retention; transportation money to enhance regional mobility; LSU’s push toward becoming a premier public research university; comprehensive reform of Louisiana’s workforce development systems; funding to grow Pennington Biomedical Research Center; comprehensive ethics reform; eliminating certain “unorthodox” business and industry taxes to increase competitiveness; and comprehensive public education reforms to improve student achievement.


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