Louisiana State (U.S.A.), a small business friendly state; land of agriculture, industries, petroleum and natural gas

Louisiana is at the core of numerous excitements in U.S.A, and across the world. Tourism and culture are major players in Louisiana's economy, earning an estimated $5.2 billion per year.

With its market of + 4 million consumers, in 2014, Louisiana was ranked as one of the most small business friendly states.

The state's principal agricultural products include seafood (it is the biggest producer of crawfish in the world, supplying approximately 90%), cotton, soybeans, cattle, sugarcane, poultry and eggs, dairy products, and rice.

Industry generates chemical products, petroleum and coal products, processed foods and transportation equipment, and paper products.

Tourism is an important element in the economy, especially in the New Orleans area.

The Port of South Louisiana, located on the Mississippi River between New Orleans and Baton Rouge, is billed as the largest volume shipping port in the Western Hemisphere and 4th largest in the world, as well as the largest bulk cargo port in the world.

Because of its distinctive culture within the United States, only Alaska is Louisiana's rival in popularity as a setting for reality television programs.

Louisiana has three personal income tax brackets, ranging from 2% to 6%. The sales tax rate is 4%: a 3.97% Louisiana sales tax and a .03% Louisiana Tourism Promotion District sales tax. 

Tourism and culture are major players in Louisiana's economy, earning an estimated $5.2 billion per year.

Louisiana taxpayers receive more federal funding per dollar of federal taxes paid compared to the average state. 

Louisiana is rich in petroleum and natural gas. Petroleum and gas deposits are found in abundance both onshore and offshore in State-owned waters. In addition, vast petroleum and natural gas reserves are found offshore from Louisiana in the federally administered Outer Continental Shelf (OCS) in the Gulf of Mexico.

Louisiana's natural gas reserves account for about 5 percent of the U.S. total.

Louisiana was the first site of petroleum drilling over water in the world, on Caddo Lake in the northwest corner of the state. The petroleum and gas industry, as well as its subsidiary industries such as transport and refining, have dominated Louisiana's economy since the 1940s.