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 8/8/2018

Real Estate Activity – Baton Rouge MSA

Source: GBRAR July 10, 2018, release date

Average Sales Price

$
0

(June '18)

%Δ from Previous Month %Δ Over the Year
-0.4% -0.8%

Closed Sales

0

(June '18)

%Δ from Previous Month %Δ Over the Year
2.5% -9.4%

Inventory of Homes for Sale

0

(June '18)

%Δ from Previous Month %Δ Over the Year
1.9% 21.2%

Days on Market until Sale

0

(June '18)

%Δ from Previous Month %Δ Over the Year
12.1% 0%

Baton Rouge MSA Tax Collections by Parish (millions)

Source: Parish Sales Tax and Use Offices, BRAC Analysis

  • Nov '16
  • Nov '17

Total Sales Tax - BR MSA

Nov ’17 Nov ’16 ΔOTY
$70.5M $83.4M -15.5%

Sales tax collections for eight of the region’s nine parishes are down over the year, including the largest collecting parishes Ascension and East Baton Rouge, which have decreased by 15.0 percent and 12.9 percent, respectively. Likewise, total collections for the Baton Rouge MSA are down by 15.5 percent.

Baton Rouge MSA Net Over-the-Month Nonfarm Job Growth
(May 2018 – June 2018)

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, July 27, 2018

  • June '18 (p)
  • June '17 (r)