About Louisiana economy

The real gross domestic product per capita (Engl. per capita GDP in real terms) in 2006 stood at $ 32,923 (national average of the 50 U.S. states: USD 37,714; place national ranking: 38) [5].

In agriculture on fertile soils soybeans, cotton, sugar cane, sweet potatoes and rice production. Great importance meat and dairy farming, poultry and fish (shrimp, oysters) and Pelzproduktion by trapping (mink, otter, muskrat, possum, nutria). Forests provide lumber and the raw material for paper production. Rich deposits of oil and gas (including offshore funding) as well as sulfur and rock salt are fundamentals of the industry. Tourism is important [6].

Major industries at a glance:

* Cultivation of cotton, sugar cane, rice, vegetables, tobacco
* Cattle (especially dairy)
* Fishing
* Timber extraction
* Chemical and petrochemical industry (oil, gas, sulfur)
* Paper Industry
* Aluminum Industry
* Tourism (especially New Orleans with the largest port in the Gulf Coast)

Louisiana since the end of the 20th Century’s second largest oil and gas producer in the United States.

Louisiana real estate values

Louisiana real estate markets

The most popular real estate markets for the Louisiana state are in the following areas:

•    Baton Rouge
•    New Orelans
•    Shreveport
•    Lafayette
•    Metairie
•    Alexandria
•    Bossier City
•    Kenner
•    Lake Charles
•    Chalmette

Bear in mind that the list of Louisiana real estate markets may be subject to change due to economic issues.