As Dr. Loren Scott prepares to present his annual Louisiana Economic
Outlook at the sixth annual Entrée to Business Luncheon in Lafayette,
he is keenly aware that one of Acadiana’s key industries is at a
tipping point. “Seldom has the Lafayette economy hung by a string like
the one it faces over the next two years,” says the professor emeritus
of economics at LSU. “President Obama has proposed $33 billion in new
taxes on the extraction industry. Just proposing the tax has caused a
significant drop in the rig count and created job losses in Lafayette
despite high oil prices. Will this legislation ultimately pass? That’s
the ‘string’ that will determine Lafayette’s future over 2010-11.”
Scott’s fall forecast always draws a packed house. Tickets are now on sale for the event, slated for Tuesday, Oct. 13, at The Cajundome Convention Center at 11:30 a.m.
MidSouth Bank and Dwight Andrus Insurance join forces once again as presenting co-sponsors for the luncheon, which is a sell-out each year. Attendees are encouraged to buy their tickets early.Individual tickets are $45. Reserved tables of eight are $395. Each attendee will receive a CD with Scott’s complete LEO report along with his PowerPoint presentation specific to Acadiana statistics, made possible in part by Vidox Productions. Additional information, including a ticket order form, is available online at www.acadianabusiness.com; click on the INDevents button. For information or to order by phone, contact Kathy Lowry at 337-769-8620.