Commentary: State of Business in Louisiana Mirrors Our Transitioning Economy

Summary

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As I was reading through last week's edition of CityBusiness, I was drawn to the dichotomy of promise and peril facing so much of our local business effort every day.

From the front page, and continuing throughout the newspaper, our reports focused on the challenges and opportunities that generate news. Our lead story, about the challenges facing the United Way for Greater New Orleans, reflects the trickle-down effects of an economy in transition.

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Extract

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Commentary: State of Business in Louisiana Mirrors Our Transitioning Economy

As reported, the United Way's fund-raising efforts slipped from $19.7 million in 2001-02 to an anticipated $18.4 million this year. The decline, while not drastic, represents a 5.5 percent decrease in jus...

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