The State New Economy Index

Louisiana

Indicator

Rank

Score

Overall*

45.87

Aggregated Knowledge Jobs

6.65

Information Technology Jobs
Employment in IT occupations in non-IT industries as a share of total jobs.

0.8%

Managerial, Professional & Tech Jobs
Managers, professionals, and technicians as a share of the total workforce.

24.4%

Workforce Education
A weighted measure of the educational attainment (advanced degrees, bachelor's degrees, associate degrees, or some college course work) of the workforce.

39.3

Education Level of the Manufacturing Workforce
A weighted measure of the educational attainment of the manufacturing workforce.

0.74

Aggregated Globalization Score

8.52

Export Focus Of Manufacturing
Manufacturing export sales per manufacturing worker.

$20,058

Foreign Direct Investment
The percentage of each state's workforce employed by foreign companies.

3.3%

Aggregated Economic Dynamism Scores

9.45

"Gazelle" Jobs
Jobs in gazelle companies (companies with annual sales revenue that has grown 20 percent or more for four straight years) as a share of total employment.

13.0%

Job Churning
The number of new start-ups and business failures, combined, as a share of all establishments in each state.

19.5%

Initial Public Offerings
A weighted measure of the value and number of initial public stock offerings of companies as a share of gross state product.

4.54

Aggregated Digital Economy Scores

7.04

Online Population
The percentage of adults with Internet access in each state.

43.4%

Commercial Internet Domain Names
The number of commercial Internet domain names (".com") per firm.

0.48

Technology in Schools
A weighted measure of five factors measuring computer and internet use in schools.

0.39

Digital Government
A measure of the utilization of digital technologies in state governments.

3.20

Online Agriculture
A measure of the percentage of farmers with Internet access and who use computers for business.

1.90

Online Manufacturers
The percentage of manufacturing establishments with Internet access.

88.9%

Broadband Telecommunications
A measure of the use and deployment of broadband telecommunications infrastructure over telephone lines.

2.99

Aggregated Innovation Capacity

6.35

High-Tech Jobs
Jobs in electronics manufacturing, software and computer-related services, telecommunications, and biomedical as a share of total employment.

1.6%

Scientists and Engineers
Civilian scientists and engineers as a percentage of the workforce.

0.33%

Patents
The number of patents issued to companies or individuals per 1,000 workers.

0.41

Industry Investment in R&D
Industry investment in research and development as a percentage of Gross State Product (GSP).

0.17%

Venture Capital
Venture capital invested as a percentage of GSP.

0.08%

* Because of differences in methodology, changes in ranks between 1999 and 2002 cannot all be attributed to changes in actual economic conditions in the state.

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The Progressive Policy Institute (PPI)
Technology, Innovation, and New Economy Project
600 Pennsylvania Ave., S.E., Suite 400, Washington DC 20003
Phone: (202) 547-0001
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