by Elliott Stonecipher
Online blog and news source The Huffington Post released a study Sunday evening which ranks the Shreveport-Bossier City, Louisiana economy as the “fastest shrinking” in the nation. In the study’s ranking of “America’s Fastest Growing (and Shrinking) Economies,” also cited is the Lafayette, Louisiana area economy, ranked fourth among the ten areas with nation-worst economic growth.
The Huff Post article details the study’s methodology by noting it is based on the U. S. Conference of Mayors’ recent report produced “in conjunction with forecasting company IHS Global Insight (IHS).” Further detail in the article notes the study’s use of employment / unemployment data from the U. S. Bureau of Labor Statistics (BLS), along with economic data from the U. S. Census Bureau’s 2012 American Community Survey. The study “… identified the Read more