The Baton Rouge Area Chamber researches and collects the following statistics as part of a monthly economic snapshot report for the region. BRAC’s full report is available to investors only.

Last updated 12/13/16

Real Estate Activity – Baton Rouge MSA

Source: GBRAR December 6, 2016, release date

Average Sales Price

$
0

(Oct '16)

%Δ from Previous Month %Δ Over the Year
-6.1% 3.1%

Closed Sales

0

(Oct '16)

%Δ from Previous Month %Δ Over the Year
9.1% 24.4%

Inventory of Homes for Sale

0

(Oct '16)

%Δ from Previous Month %Δ Over the Year
-8.5% -20.8%

Days on Market until Sale

0

(Oct '16)

%Δ from Previous Month %Δ Over the Year
-4.7% -22.8%

Baton Rouge MSA Tax Collections by Parish (millions)

Source: Parish Sales Tax and Use Offices, BRAC Analysis

  • Sept '15
  • Sept '16

Total Sales Tax - BR MSA

September ’16 September ’15 ΔOTY
$83.02M $70.48M 17.78%

Sales tax collections for September 2016 are 17.78 percent higher than those for September 2015. In particular, collections for Iberville more than doubled both over-the-year and over-the-month. While increased spending in area parishes may be related to flood recovery, it is unclear what caused a spike in Iberville, where a lower percentage of homes and businesses were affected.

Baton Rouge MSA -Net Over-the-Month Nonfarm Job Growth
(Sep 2016 – Oct 2016)

0
Construction
0
Leisure & Hospitality
0
Education & Health Services
0
Manufacturing
0
Trade/Transportation/Utilities
0
Professional/Business Services
0
Financial Activities
0
Other Services
0
Mining & Logging
0
Government
0
Information

Baton Rouge MSA Employment by Sector (not seasonally adjusted)

Source: Louisiana Workforce Commission, November 30, 2016

  • Oct '15 (r)
  • Oct '16 (p)