PHOENIX and NEW ORLEANS, Jan. 25, 2017 /PRNewswire/ -- Louisiana is the No. 8 U.S. Growth State for 2016, according to the latest U-Haul migration trends report.
Louisiana climbed 27 spots from its No. 35 growth ranking for 2015, in part because the year-over-year departures of one-way truck rentals dropped by 7 percent last year.
Arrivals accounted for 50.6 percent of U-Haul traffic in Louisiana in 2016 thanks to locations such as Lake Charles, Gonzales, Mandeville, Covington and Denham Springs, the cities to pace the net gain of one-way U-Haul trucks.
Growth States are calculated by the net gain of one-way U-Haul truck rentals entering a state versus leaving a state during a calendar year. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.
While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well cities are attracting and maintaining residents.
"We had an influx of trucks due to the flooding in Baton Rouge. A lot of folks came in with supplies to help, and contractors came in to rebuild. But we've also seen a lot of growth in the Lake Charles area and southwest portion of the state," says Pat Allen, U-Haul Company of Southern Louisiana president. "The (Sasol®) refinery complex is a huge expansion causing an influx of traffic. That's always been an oil industry-driven area."
Warren Iles, U-Haul Company of Northern Louisiana president, said there are now some 330 U-Haul neighborhood dealers serving the state as well as many new stores.
"We have a giant new store in Lafayette. We're building another 800 climate-controlled self-storage rooms there that should be open by mid-March," Iles says. "I'm about to open 500 self-storage rooms this week in Alexandria. We're ready for more business. That's for sure."
Find U-Haul stores and neighborhood dealers in Louisiana at uhaul.com/locations.
U-Haul is the authority on migration trends thanks to its expansive network that blankets all 50 states and 10 Canadian provinces. The geographical coverage from more than 21,000 U-Haul locations, including neighborhood dealers and Company-owned and -operated stores, provides a comprehensive overview of where people are moving like no one else in the industry.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 21,000 locations across all 50 states and 10 Canadian provinces. U-Haul customers' patronage has enabled the U-Haul fleet to grow to more than 139,000 trucks, 108,000 trailers and 38,000 towing devices. U-Haul offers more than 536,000 rooms and more than 50 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry and is the largest retailer of propane in the U.S. www.uhaul.com
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