Shreveport-Bossier, September 5, 2025
News Summary
The Shreveport-Bossier economic outlook presents mixed signals as the region experiences measured growth alongside challenges. A recent analysis highlights key economic indicators like casino revenue, employment rates, and consumer spending. While the opening of Live! Casino has boosted revenues, ongoing job losses are projected against a backdrop of steady job creation. Additionally, passenger traffic at the local airport demonstrates recovery, while stable housing market conditions are noted amidst fluctuating interest rates. Local leadership continues to work on strategies to enhance economic resilience and address ongoing challenges.
Shreveport-Bossier Economic Outlook Shows Mixed Signals Amid Growth and Challenges
The economic forecast for the Shreveport-Bossier metropolitan area reveals mixed signals as the region navigates ongoing growth alongside significant challenges. Douglas White, the director of the Center for Business and Economic Research at LSU Shreveport, delivered insights to the Greater Shreveport Chamber of Commerce, highlighting that the local economy is neither thriving explosively nor facing a downturn.
White’s analysis portrays the local economic trajectory as likened to the tale of the tortoise and the hare, underscoring a slow and steady performance rather than rapid advancement. His quarterly economic snapshots cover Caddo, Bossier, and DeSoto Parishes, informing local stakeholders of current conditions.
Key Economic Categories
Three critical economic indicators outlined by White in his latest report pertain to casinos, unemployment, and airport enplanements. The opening of Live! Casino & Hotel Louisiana in Bossier City on February 13, 2025, has initially spurred local casino revenues. However, monthly revenue from the casino has shown signs of a decrease since the initial surge post-opening.
Airport travel experienced a notable uptrend, with Shreveport Regional Airport reporting significant year-over-year increases in passenger travel. These figures indicate ongoing recovery within the travel sector.
Current Employment Trends
The unemployment rate across Caddo, Bossier, and DeSoto Parishes is currently slightly above 5%. This rate aligns with national trends that could influence potential interest rate adjustments by the Federal Reserve. White emphasizes that the lingering effects of previous inflation rates continue to shape the local economy.
Despite concerns about job losses projected for 2025—driven by Webster Parish’s exclusion from the metropolitan statistical area—White projects that the Shreveport-Bossier area will still experience a net increase in jobs. Optimistic forecasts suggest approximately 5,300 new jobs from major employers like Amazon, Fibrebond, and SLB.
Consumer Spending and Housing Market
White also reports that local sales tax data does not suggest a slowdown in consumer spending. The housing market remains stable, with consistent pricing noted despite interest rates hovering around 6%. Potential homebuyers are advised to act now, with refinancing options available as rates fluctuate.
As economic development initiatives by Shreveport’s director aim to simplify business operations—such as reducing bureaucratic obstacles for new enterprises—the local business community remains focused on fostering an environment conducive to growth and investment.
Future Economic Challenges
Despite the positive outlook in some areas, White warns of persistent challenges, particularly the heavy reliance on manufacturing within the Shreveport-Bossier economy. Continuous discussions within the community seek to address these issues proactively, promoting innovative solutions for sustained growth.
In summary, while challenges persist, the Shreveport-Bossier area exhibits signs of stability and measured growth, with local leadership working diligently to enhance economic conditions for residents and businesses alike.
FAQ Section
What is the current unemployment rate in the Shreveport-Bossier area?
The unemployment rate in Caddo, Bossier, and DeSoto Parishes is currently slightly above 5%.
What major event related to the local economy occurred recently?
The Tacomania event was held at Shreveport Regional Airport on July 31, 2024, showcasing local culinary offerings.
How has the opening of Live! Casino impacted local economy?
The opening of Live! Casino & Hotel Louisiana has initially boosted local casino revenues, although there has been a decline in revenue month-over-month since its opening.
What employment trends are projected for 2025?
While there may be job losses due to Webster Parish’s exclusion from the metropolitan area, an overall net gain of approximately 5,300 jobs is expected from major employers in the region.
| Economic Indicator | Current Status | Projected Change |
|---|---|---|
| Unemployment Rate | Slightly Above 5% | Potential Job Losses in 2025 |
| Casino Revenue | Initial Growth from Live! Casino | Decreased Month-over-Month |
| Airport Enplanements | Year-over-Year Increases | Continued Growth Expected |
| Job Growth | Projected Gain of 5,300 Jobs | From Major Employers |
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Additional Resources
- Shreveport-Bossier Advocate
- Wikipedia: Economic Outlook
- KTBS News
- Google Search: Shreveport Economic News
- Bossier Press
- Encyclopedia Britannica: Local Economy
- KTAL News
- Google News: Shreveport Bossier Economic Challenges
- KSLA News
- Realty Biz News
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
