New Cargo Port Studied for Louisiana
A cargo airport proposed for southeastern Louisiana would create over 66,000 new jobs and a total of $40.1 billion dollars in new household earnings for state residents, according to a study released Thursday by the Louisiana Airport Authority. The findings also show that $174.8 billion in new sales would be created for Louisiana businesses over a 40-year period, the authority said. Here to read more.
Commentary: Those are some awfully BIG numbers. I don't know anyone who would dare project out 40 years on any project in today's uncertain and rapidly changing world.
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