So many Coronavirus economy questions. For now, very few answers. Lots of disappointments. For some, hopefully, a new promising new normal beginning .
Questions such as: Can businesses in this region recover? Are we ready to reopen? Which industries might be the winners? Which could lose?
Michael Hecht, the President of Greater New Orleans Inc seemed optimistic but worried. Hecht has been the face of the region's economic development engine. He moved to the city after Katrina and has been at the center of major developments in the airline, technology, manufacturing, transportation, aerospace, logistics, just to name a few.
Louisiana Business shorts news for today: the Important event at the convention center in New Orleans IAEE; New Orleans technology; NOLA Christmas Fest
Today is one of those moments in which you feel a strong sense of accomplishment, even when simply observing.
New Orleans, has made strong advances in the area of technology over the years. This is largely due to numerous companies taking advantage of the Digital Media Tax Credits to help tech-based enterprises grow their respective businesses. At the beginning of this decade, GE Capitol opened up a large headquarters in the city which put a large skin on the wall to promote. Today, the city and the State of Louisiana announced they landed a really big one, DXC Technology, a multi-billion international enterprise that is one of the largest companies in the world.