gno @ k10 - better than back
TRANSCRIPT
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Greater New Orleans @ K10
Better than Back
August 2015
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Contents
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! Before the Storm
!
Hurricane Katrina
! Better than Back
! Critical Mass
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Greater New Orleans underperformed not only the South,but the entire nation, for the four decades before Katrina.
Before the Storm
1980s oil
crash
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Greater New Orleans seemed to be a region of the past.
Before the Storm
July 1978
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Contents
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! Before the Storm
!
Hurricane Katrina
! Better than Back
! Critical Mass
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Hurricane Katrinawas the most devastating
man-made disasterin the history
of the United States.
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The conventional wisdom was that this was the sad,but inevitable, death of a once great region.
Hurricane Katrina
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! Before the Storm
!
Hurricane Katrina
! Better than Back
! Critical Mass
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- Whats going on trendz- AM prez
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Data Center
Fall and Rise
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Fueled by $3 / MMBtu natural gas, over $60B of announcements.
Manufacturing is Booming
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Louisiana is #1 for export growth and per capita FDI in America.
Trade is at Record Levels
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Michoud is back as an unique, multi-tenant / public-private asset.
Advanced Manufacturing is Thriving
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Catalyzed by GNO, Inc.s software incentive, the sector is booming.
Digital Media Growth is #1 in America
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Louisiana firms have over $325M of contracts in NY / NJ.
Emerging Environmental is Creating Wealth
!"##$%%&' ) *"++ !"#$%&'#&(!" $%%&' ) *"++!"#$%&'#&(
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The new world-class $2B+ UMC + VA, along with existing leaders likeOchsner and Tulane, offers a chance to replicate Houstons success.
Destination Healthcare is Singular Opportunity
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Greater New Orleans now leads the nation by 64% in start-upactivity, and is also a leader in inclusive innovation.
Entrepreneurship is Surging
+64%
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MSY is the fastest growing airport in the USA; hotel RevPAR is #1in America; cruise business is at record levels.
Tourism is at Record Levels
New Csar Pelli Terminal Open 2018
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Jobs are now spread across Greater New Orleans.
Regionalism is a Reality
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0
20
40
60
80
100
120
140
160
180
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Greater New Orleans
Economic Development Points by Yearas selected by Southern Business & Development
M M
M
H
H
H
M = Named Major Market of the Year
H= Honorable Mention Major Market of the Year
Economic Development Points based on jobs and investment
from projects selected by Southern Business & Development
after Katrina!"before Katrina
Since Katrina, GNO is a perennial #1 or #2 in the South.
Economic Development Leader
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Since Katrina, Greater New Orleans beats Houston.
Economic Development Leader
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The business community has come together to stabilize the coastwhile creating local wealth and jobs.
Ensuring the Future, Growing the Economy
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Education Failing schools from 62% down to 6%
Corruption Perception of corruption down 22%
Flood $15B vast defenses now protecting
Crime Lowest homicide rate in 30 years
The region is making significant progress on long-standingchallenges.
Quality of Life Improvements
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Louisiana has gone from the bottom to top quintile in CEO opinion.
Improving Business Brand
!
#!
$!
%!
&!
'!
$!!( $!!) $!!* $!#! $!## $!#$ $!#% $!#& $!#'
!"# %&'&()*+ ,+-.+/01* 2&*3)*' 14 516)7)&*& &81*'79 :; ;9&9+7
#47#45
#43#41
#27
#11
#13
#9#7
+40 positions
in 8 years
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Greater New Orleans is being recognized in ways thoughtimpossible before Katrina, let alone in its aftermath.
Unprecedented Rankings
ECONOMIC
DEVELOPMENT WINS#1
COST
FRIENDLY#1
BUSINESS
CONDITIONS#1
EXPORT
GROWTH#1TECHNOLOGY
GROWTH#1
MOST
IMPROVED#1
BRAINPOWER
REGION#1
WORKFORCE
TRAINING#1
AMERICAS
FAVORITE#1ECONOMIC
POTENTIAL#1
#1
#1
#1
#1
#1
#1
#1
#1
#1
#1
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GNO is #1 in the USA for in-migration of college graduates.
People are Voting with their Feet
Hi h P d i i
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Productivity is key to long-term improvement of living standards.
High Productivity
+58%
Aft th St B tt th B k
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Greater New Orleans now ranks amongst the best for job growth.
After the Storm Better than Back
2008
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Contents
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! Before the Storm
!
Hurricane Katrina!
Better than Back
! Critical Mass
A S t I t t f A i
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The $70B investment in Greater New Orleans has catalyzed whatthe publisher of Forbescalled The greatest turnaround of our
lifetimes.
A Smart Investment for America
C iti l M
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Now in the New Normal, Greater New Orleans must continue topush past the Critical Mass tipping point in order to ensure
long-term, self-sustaining success.
Critical Mass
Declining Self-Sustaining
Greater New Orleans @ K10
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Greater New Orleans @ K10
Better than Back
August 2015