The Commerce Department report found that in the first quarter of 2017, Louisiana had the worst GDP growth of any of the states on the Gulf Coast and only trails North Carolina amongst southern states. At only 1% percent GDP growth, Louisiana trails the national average and continues to fall behind neighboring states in the region:
- Texas (3.9% GDP growth)
- Alabama (1.9% GDP growth)
- Florida (1.4% GDP growth)
- Mississippi (1.3% GDP growth)
- Louisiana (1.0% GDP growth)
While the state needs strong economic growth, Governor Edwards is committed to his anti-business agenda of new taxes and regulations that will only continue to hurt Louisiana families and workers.
This is the not the first indicator of Louisiana’s struggling economy under Governor Edwards but it is another reminder that Louisiana does not need any more of his liberal tax-and-spend policies.
In July, Edwards tried to claim Louisiana is seeing real growth, while the facts showed the Edwards economy is one of the worst in the country.
Louisiana can’t afford Edwards’ failed leadership and liberal anti-business agenda.