MANDEVILLE, La. (AP) — A new report suggests St. Tammany Parish is prospering during the economic downturn, with much of the credit going to the parish's location along the Interstate 12 corridor that connects Baton Rouge with the Mississippi Gulf Coast.

The report by the nonprofit St. Tammany Economic Development Foundation paints a rosy picture for the parish in the second quarter, showing growth in employment, single-family home construction permits and new businesses.

Ivan Miestchovich Jr., director of the Institute for Economic Development and Real Estate Research at the University of New Orleans and a foundation board member, tells The Advocate ( ) that I-12 is helping to attract industry and good-paying jobs, leading to a higher quality of life for local residents.


Information from: The Advocate,