Bossier Parish has been growing by leaps and bounds for the last few years. There are indications that this growth is slowing; the question is whether it is just in Bossier or if it is indicative of the economy as a whole.
An example would be the number of instruments filed with the Bossier Parish Clerk of Court. For the month of November 2007, total conveyance and mortgage instruments are only 80% of what they were in 2006. I have not broken this down as to how many real estate conveyances, etc, but it doesn't seem encouraging.
Regardless of what the national economy does, if Bossier gets the Cyber Command Center (announcement due in February), we will see phenomenal growth for quite a while. My understanding is that California, New Mexico, Nebraska and a couple of other states are vying for the command. The local and state government have put up huge amounts of money for development.
At this point, we can only wait and see.