Pathways to Prosperity

Louisiana stands at a critical crossroads, facing significant challenges that threaten its long-term prosperity and resilience. With one of the nation's lowest job growth rates at just 2 percent since 2000, the state has struggled to retain its population amid growing economic pressures. While natural disasters have taken their toll, the core issue lies in Louisiana's economic framework, which remains heavily dependent on legacy industries like oil & gas, shipping, and tourism—sectors that have prioritized efficiency over job creation. This economic stagnation has contributed to concerning trends across multiple indicators of well-being, from lack of internet access to pregnancy-related deaths.

However, Louisiana now has an unprecedented opportunity to transform these challenges into catalysts for growth. Through strategic deployment of funds from the Bipartisan Infrastructure Law, the Inflation Reduction Act, and BP oil spill penalties, the state can chart a new course toward economic diversification and resilience. By investing in emerging sectors like water management and lower carbon fuel production, while simultaneously strengthening its infrastructure against climate impacts, Louisiana can create sustainable job growth while protecting its unique cultural heritage. This report presents a comprehensive analysis of the state's current position and outlines pathways to leverage these opportunities for long-term prosperity.