NewsCovering Louisiana


Louisiana energy sectors impacted by economic slowdown

Posted at 7:27 AM, Jun 08, 2020
and last updated 2020-06-08 08:27:47-04

Some experts predict that a lull in industrial construction in Louisiana could stretch until 2025.

Some projects will either be postponed or even canceled.

According to our media partners at The Advocate, experts estimate that only about $131 billion out of $195 billion of energy manufacturing and export capital will be used.

Those investments were expected to occur between 2019 and 2029 along the Gulf Coast.

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