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Balancing public health with economic recovery

Tuesday, May 5, 2020

Balancing health and economic prosperity is difficult in the age of COVID-19.

As the disease continues its physical onslaught around the world, the virus’s tentacles have impacted the economy, like no other crisis.

Managing the circumstances related to COVID-19 has divided some citizens and leaders into two camps: Those who want to follow advice from medical professionals and health policymakers who caution against resuming normal life too quickly and those who believe the economy has to be re-engaged now in order to stave off collapse.

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Alliance Endorses Framework for State’s Economic Recovery

Friday, April 17, 2020

The Southwest Louisiana Economic Development Alliance and Chamber SWLA endorses Louisiana Association of Business and Industry's  (LABI) plan to restart the state's economy in a responsible and safety-oriented manner. LABI worked with executives from the health care, manufacturing, automotive, banking, small business, and engineering industries, among others, and with peer business organizations and associations from around the state to develop this plan.

 
The executive summary precedes the release of a fuller commentary that is still under review. This summary should be widely shared and reviewed. It includehealth and safety considerations, critical considerations for officials and employers prior to reopening, and three components to a gradual process for reopening the economy. 
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COVID-19 Should Not End Business Opportunity

Tuesday, May 26, 2020

As business owners race to open and begin servicing clients and the public during the COVID-19 pandemic, some are trying to figure out if their enterprises are viable while others are closing permanently. In recent weeks, economic developers, investors, business strategist, life coaches, etc. have been sharing a message with the world business community. Essentially, the idea is that times are changing and common business practices and models are quickly becoming part of our past. This is not the first time business sectors have had to reshape and customize themselves to societal shifts and economic downturns.

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Phase one begins re-opening

Tuesday, May 19, 2020

Friday May 15, 2020, will be remembered as the day that Louisiana began to re-open after the March 16 Stay-at-Home order by the governor. In our region, perhaps more businesses and industries continued operation than most other states.

Our industrial plants continued operation, a number of grocery, building supply, and retail big boxes remained opened after being deemed essential. Many restaurants continued to operate with pick-up and delivery options, and drive-thru restaurants probably had record sales. Most folks came to believe that all businesses are essential including hair and nail salons, gyms, and retail shops including the mall.

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