Lafayette, LA Business Overview

By
On Friday, June 29, 2012 - 05:02

Not only is the city of Lafayette a cultural capital for all things Cajun, but it is also an economic center for the state.

The city’s metropolitan area labor force is considered to be the fastest growing in Louisiana. Southern Business and Development magazine recognized Lafayette as a Top 10 place in the South for the creative class thanks to the city’s technology and residents who don’t mind being adventurous with business plans.

The city is also a great place to launch a small business, according to CNN Money. Mix that with a dynamic workforce and transportation infrastructure, and it’s no wonder why Lafayette is an important part of the state.

Workforce

Thanks to students from local colleges and universities wanting to stay in the area, Lafayette’s workforce continues to grow. Businesses are taking note and offer programs to help train new workers and continue to educate existing employees.

Transportation

Lafayette is home to Lafayette Regional Airport. The airport provides daily flights to Atlanta, Houston, Dallas and Fort Worth, as well as trips to Las Vegas twice a week. The airport also serves as a spot for charter and helicopter services as well as cargo jets.

Interstates 10 and 49 are the main highways in the city, and Greyhound bus transports passengers from its local station.

Lafayette Transit System is the city’s bus service and can only be used within the city’s limits.

Business Climate

The city is the five-parish Acadiana region’s retail center. Besides shopping, Lafayette has a strong economic base in education, health care, construction, manufacturing and information technology.

See our list of top employers in Lafayette.