Just as a point of reference, in 1992 there were $1.6 billion in projects and that was referred to as “unusually large.” Now we have over $111 billion in announcements, with $53.7 billion (48%) already constructed or underway.
The boom began in 2014 when Sasol and other industries began construction. This MSA has been the fastest growing in the entire country.
The Lake Charles Metropolitan Statistical Area, known as an MSA, includes Calcasieu and Cameron parishes. is projected to lead the state in job growth. The Louisiana Economic Outlook was released last week by LSU Economist, Emeritus, Loren Scott.
