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New Orleans Business: Forbes Lists City as #29 in Business and Career

The New Orleans business climate has drastically improved over recent years. Forbes has listed the New Orleans area as one of the best places in America for career and business. They also list it as the fastest growing city in the United States. I’m not sure if that’s a good thing or not. I mean we certainly don’t want to be like Atlanta with the horrible traffic and such.

The advantage with where New Orleans is that it’s situated between a river and a lake which allows it not much room for growth. Of course, we can always grow up with high rises and such but I don’t see that happening because we are so protective of our historic neighborhoods. This has become a calling card for many young people wanting to move here.

New Orleans Business Climate: #29 in Business and Career in Forbes

New Orleans business climate - top 29 according to Forbes

New Orleans business: According to Forbes it’s 29th in business and career.

According to Forbes New Orleans is 13th of America’s most wired cities and, surprise of surprises, it’s also the 13th safest city, even safer than Tampa in overall crime statistics per 100,000.

New Orleans is number 4 in job growth and our unemployment is well below the national average.

Here’s what Adriana Lopez of Forbes says:

Results from data collected by the U.S. Census Bureau prove that New Orleans is now the fastest growing city in America, but it doesn’t just represent a repopulation of a city that lost nearly sixty percent of its residents. After being completely evacuated almost seven years ago, New Orleans has recovered most of its population – a remarkable accomplishment for a city that was witnessing a significant out migration in the years before disaster struck.

Evidence also shows that the growing population is not just the result of returning residents, as newcomers have also been lured into the city. In fact, according to a study conducted by the Kaiser Family Foundation, one in nine current New Orleans residents were not living in the area prior to Hurricane Katrina. The group represents a demographic of people who are more likely to be younger and better educated, further contributing to the city’s recovery and reform.

The influx of professionals and experts into the city also caught the attention of some major companies looking to relocate.  In the past few years, New Orleans has welcomed Gameloft, Globalstar, Blade Dynamics, and General Electric, collectively bringing in over 1,500 new jobs into the city.

“The business community in New Orleans is roaring back,” said Mayor Mitch Landrieu.  “Over the past two years,  the city has become a hub of entrepreneurship and small business. We offer a climate that is conducive for both local entrepreneurs and major corporations. Clearly, the world is taking notice that New Orleans is open for business.”

A lot of this has to do with Hurricane Katrina that brought with it a whole new era of civic pride, awareness and activism. People were just not going to put up any more with the old staus quo and the good ole boy network that had strangled the city for generations.

Now technology businesses are moving here because it just a great place to live and set up operations. The city has been make it easier and easier to start a business since Katrina. Go here http://www.forbes.com/places/la/new-orleans/   to find out more about the New Orleans business climate and other quality of life stats.

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Posted in Hurricane Katrina, New Orleans Life, New Orleans Neighborhoods, New Orleans News.

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