News Summary
The Shreveport-Bossier region in Louisiana is anticipated to create nearly 6,000 new jobs by 2027, driven by developments in technology and economic investments. The latest Louisiana Economic Outlook Report suggests a promising economic trajectory, with significant contributions from the Port of Caddo-Bossier and ongoing expansions in various sectors. These developments, along with expected increases in state employment, position the region for robust growth despite potential economic challenges posed by tariffs and market fluctuations.
Shreveport, Louisiana – The Shreveport-Bossier region is set to experience significant job growth, with nearly 6,000 new positions projected to be created by the year 2027, according to the latest Louisiana Economic Outlook Report released on October 3rd. This optimistic forecast was presented by economist Dr. Loren Scott during an event co-sponsored by the Port of Caddo-Bossier and the Shreveport-Bossier Committee of 100.
The report indicates an encouraging trend in the local economy, with the region’s growth potentially exceeding Dr. Scott’s initial estimate of 5,700 jobs. A surge in new developments, particularly data centers planned for the Resilient Technology Park in west Shreveport, may contribute to this upswing. Additional growth opportunities are anticipated in areas such as the Cyber Research Park, the former GM facility, and the Port of Caddo-Bossier, which has recently laid out an expansive master plan for development.
Justyn Dixon from the North Louisiana Economic Partnership emphasized that the availability of jobs is a key factor in attracting new residents to the area. As companies begin to create new job opportunities, the region is poised to become increasingly appealing to prospective workers and their families.
According to the report, the entire state of Louisiana is expected to see the creation of approximately 74,500 new jobs, marking a 3.7% increase over the next two years. The economic forecast indicates a positive trajectory for Louisiana’s gross regional domestic product (RGDP), anticipating growth rates of 1.5% in 2025, 1.8% in 2026, and 2.5% in 2027.
Notably, the Port of Caddo-Bossier is projected to contribute significantly to this job creation, with an estimated 2,189 jobs expected due to ongoing investments. Furthermore, Barksdale Air Force Base remains a crucial economic driver in the area, employing over 9,000 personnel and currently planning a new $210 million military facility.
While these developments point to a robust economic landscape, Dr. Scott also highlighted some uncertainties that could impact growth. Economic tensions related to tariffs have the potential to hinder optimism. Concerns have been raised that these tariffs could result in higher interest rates, posing risks to project completions and the housing market.
In addition to these factors, the oil and natural gas sectors are poised for possible benefits from President Trump’s policy adjustments, reflecting a favorable outlook for these industries in the state. An increase in global demand, particularly from Europe and Asia, alongside the emergence of new liquefied natural gas (LNG) export facilities, suggests that natural gas prices might remain elevated.
The annual Economic Outlook report serves as a key resource for local business leaders, policymakers, and stakeholders, providing insights into employment trends and future growth prospects. The document highlights the commitment of the Shreveport-Bossier area to enhancing its economy through strategic investments in various sectors.
The area is also witnessing a revitalization of its workforce, as institutions like Louisiana State University in Shreveport (LSUS) have reported increased enrollment since 2016. The economic landscape is further supported by developments in sectors such as healthcare and entertainment, exemplified by the recent expansions at Live! Casino and Resort Louisiana.
Overall, the Shreveport-Bossier region stands at the cusp of a transformative economic phase, with new job opportunities on the horizon, backed by ongoing investments and strategic developments designed to foster sustained growth and resilience.
Deeper Dive: News & Info About This Topic
- KSLA: Louisiana Economic Outlook Report Predicts Job Growth
- KTBS: Dr. Loren Scott to Release 2026-2027 Louisiana Economic Outlook
- Shreveport-Bossier Advocate: Shreveport-Bossier to See Two Years of Growth
- Wikipedia: Economic Growth
- KTBS: Shreveport-Bossier’s Big Bet on the Digital Gold
- Encyclopedia Britannica: Economics
Author: STAFF HERE NEWORLEANS WRITER
NEW ORLEANS STAFF WRITER The NEW ORLEANS STAFF WRITER represents the experienced team at HERENewOrleans.com, your go-to source for actionable local news and information in New Orleans, Orleans 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 French Quarter Festival, New Orleans Jazz & Heritage Festival, and Essence Music Festival. Our coverage extends to key organizations like the New Orleans Chamber of Commerce and Greater New Orleans, Inc., plus leading businesses in energy, healthcare, and education that power the local economy such as Entergy, Ochsner Health, and Tulane University. As part of the broader HERE network, including HEREShreveport.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
