North Louisiana Ranks as the Most Cost Competitive Place in U.S.
My Favorites
My Favorites
Add Page
Add Page
Print
Print
You have 0 items saved in "My Favorites"
Use "My Favorites" to collect pages, downloads, properties, companies, and reports that you would like to keep in one place. To store a page, click on the "Add to My Favorites" button at the top of the page. To store a download, click on the plus button next to the download link. To store a property or company or community, click on the "Add to My Favorites" button listed next to each listing. Reports that are generated are automatically saved to My Favorites. My Favorites will be saved for seven days.
News Releases
    Back to Media Center
    May 5, 2016

    North Louisiana Ranks as the Most Cost Competitive Place in U.S.

    North Louisiana ranks as the most cost competitive place to do business in the United States, according to the 2016 Competitive Alternatives study by KPMG, LLP, a global audit, tax and advisory firm. Monroe, Louisiana tops the list of U. S cities as having the lowest cost of business. Shreveport-Bossier ranks as the second most cost competitive place, followed by other Louisiana metropolitan areas.  KPMG compared costs in 133 cities in 10 countries, including 81 U.S. cities.  
     
    KPMG data shows that Monroe has a cost index of 91.3, meaning Monroe’s business costs are 8.7 percent below the U.S. national baseline of 100.  Shreveport-Bossier’s business costs are 8.3 percent below the U.S. average with a cost index of 91.7. The following chart highlights North Louisiana cities relative to communities in the Southeast.




    “Business costs represent one of the most important factors when companies are determining where they should locate or expand their operations.  KPMG Competitive Alternatives has consistently ranked North Louisiana at the top of the most affordable places to do business since 2008,” said Scott Martinez, President, North Louisiana Economic Partnership (NLEP).
     
    North Louisiana’s favorable utility costs and low effective corporate income tax rate contributed to its first place ranking in the study, which compares key cities across a range of 26 costs factors related to doing business.  Those costs include taxes, labor, facilities, transportation and utilities, as they apply to seven different types of business sectors operations and 12 different manufacturing sector operations. 

    The complete 2016 global study and additional city profiles are available online at KPMG Competitive Alternatives study. 

    About North Louisiana Economic Partnership

    North Louisiana Economic Partnership, an Accredited Economic Development Organization, provides professional economic development services to the 14 parish region of North Louisiana, including lead generation and prospect management. The organization also represents the interests of North Louisiana with a unified voice and as a single point of contact. It acts as a catalyst, a convener, and a connector in the region to ensure that North Louisiana’s economic development potential is realized. Its vision is for North Louisiana to be a thriving region-a destination for high quality talent, innovative companies, and global investment. 
NLEP Events
  • February 6, 2018

    NLEP's Top Event>>

    Billed as a Celebration of Economic Development, the Top Event features respected site selector, Del Boyette, President & CEO of Boyette Strategic Advisors, who will discuss economic development trends that impact North Louisiana. The Top Event will be held February 6th at Sam's Town Hotel, Shreveport, LA starting at 5:30pm with a Reception followed by the Dinner and Program at 6:30pm. NLEP's Annual Meeting is considered the largest economic development event in North Louisiana, attracting 500 attendees last year.  The Top Event will also honor NLEP's Top Award Winnners. Thank you to our Presenting Sponsor, CenturyLink.





     

Video Gallery