We power business. Contact
Share on Twitter Share on Facebook Share on LinkedIn Share via Email

New Orleans is Poised for Future Economic Growth, for Everyone: Michael Hecht

By Michael Hecht, President and CEO of Greater New Orleans, Inc.

Posted September 18, 2015 in News

Originally Posted on nola.com

K10 is over. The commemoration of the 10th anniversary of Hurricane Katrina was intense, at turns exhausting and exhilarating.  I am proud of how our community responded to being placed under the world’s microscope, presenting a narrative that was optimistic but honest: yes, we have come back better than anyone would have expected; no, we do not confuse this remarkable progress with long-term success – we have lots more work in front of us.

Few during K10 questioned the assertion from Forbes publisher Rich Karlgaard that the greater New Orleans economy is “the turnaround story of our lifetime.”  After decades of job stagnation, we have outperformed most of the nation, earning us a new nickname, “The Big Busy.”  But two good questions did emerge:  Is this revitalization going to continue? And is this revitalization going to benefit everyone?  My answers are yes, and — over time — yes.

Michael Hecht is president and CEO of Greater New Orleans Inc., which is dedicated to creating good jobs and community wealth in southeast Louisiana.