← Mardi Gras Decoded: Breaking Down the Big Easy’s Business Boom

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By Anslem Samuel | Published February 21, 2012 | Full size is 620 × 480 pixels

Mardi Gras is more than just a party for local businesses in the city of New Orleans. Last year, the economic value of the carnival season contributed a total of $300.7 million to the city’s economy. Tourism, which brings in more than eight million visitors per year, creates a lot of revenue for local businesses. In fact, it has sustained 74,000 jobs and generated $5 billion annually for the local economy. Mardi Gras is one of the few events that has revived New Orleans after Hurricane Katrina, which displaced thousands of Louisiana natives. The two weeks leading up to Fat Tuesday are the most lucrative for New Orleans business owners. Most hotels are booked, from the French Quarter to miles away near the Armstrong International Airport. King cakes, a New Orleans staple, are only sold around the carnival season and tourists and locals alike roam the city to find the best. While everyone’s letting the good times roll, BlackEnterprise.com Decodes how local businesses watch the money roll in. —Kamaria Gboro

Mardi Gras is more than just a party for local businesses in the city of…

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