|Billeaud Capital Management’s Bo Billeaud and
LEDA’s Gregg Gothreaux
Photo by Robin May
Billeaud Capital Management and Acadiana Economic Development Council combine forces as presenting sponsors of this inaugural event.
In just over two weeks, LEDA will unveil its first-ever Economic Performance Index, an ambitious project that pulls together more than 1,500 data points into 15 key statistics critical to local business decision-makers. CEO Gregg Gothreaux touts his staff’s in-house ability and acumen in this endeavor, which he sees as a critical service to LEDA’s constituents at a pivotal time in business. “Although Lafayette’s economy remains robust by comparison to most in the U.S., local business decision-makers take nothing for granted and have never been more eager for quality information,” he says. LEDA’s EPI report will be presented for the first time at the inaugural LEDA State of the Economy Luncheon on May 17 at the Cajundome Convention Center at noon.
Billeaud Capital Management (www.billeaudcapital.com) is the presenting co-sponsor of this event. Since he founded the company in 1986, BCM president Bo Billeaud has developed his own market risk model and now manages a well-diversified portfolio of assets worth more than $200 million. “We know a little bit about what it takes to put together a report this concise, current and mission critical,” says Billeaud. “We also recognize the value of such information and jumped at the chance to help LEDA present its EPI to a broader audience, especially since Gregg will be offering his unique insight as to what those numbers actually mean.”
Joining Billeaud as a presenting sponsor is The Acadiana Economic Development Council, comprised of economic development professionals from the core Acadiana parishes: Acadia, Evangeline, Iberia, Lafayette, St. Landry, St. Martin and Vermilion (www.teamacadiana.org). The group’s support is emblematic of the regional economic development collaboration that extends across parish lines, acknowledging assets in each parish that drive the growth of jobs and industry in South Louisiana. “Today, more than ever, businesses want to be able to make strategic decisions based on information that is obtained from measurable data such as key economic indicators,” says Rebecca Shirley, director of AEDC. “Having this information prepared by LEDA, an organization that has hands-on knowledge of Acadiana’s economy, will offer our Acadiana companies a new competitive edge.”
The Independent’s sister publication ABiz will publish the report with Gothreaux’s analysis in its next issue on May 31, and a complete copy of LEDA’s findings will be available in flip format online (www.abizlafayette.net and www.lafayette.org) following Gothreaux’s presentation.
It took a unanimous vote of the Youngsville City Council this week to compel Mayor Wilson Viator to pay some $7,500 in bills to a host of vendors used by the city’s fire department, some of whom hadn’t been paid in months.
America is lost, says state Sen. Elbert Guillory, and that’s the reason he’ll be running for Lieutenant Gov. come 2015.
NOLA Bowl game day outfits
Accept no substitutions for homemade Eggnog
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Friday, December 13, 2013:
September's $509 million in sales pushed Lafayette Parish's nine-month total to $4.4 billion.
The Louisiana Supreme Court has punted on its first chance to decide whether a new state constitutional provision declaring gun possession a fundamental right could void a long list of criminal statutes that regulate firearms.
New Orleans' offense, which ranks sixth in the NFL, isn't helping many of its skill players pile up Pro Bowl-type stats. Rather, the approach of coach Sean Payton and quarterback Drew Brees has enabled a wide range of play-makers to emerge periodically with high-production outings.
An ordinance phasing out a rebate businesses receive for collecting and remitting sales taxes is tabled, but it doesn’t solve the vexing issue of government revenue.
From jewelry to home goods, deals abound
Forgiving shapes for NOLA Bowl
As part of a national undertaking known by industry insiders as the “Butterfly Project,” a rebranded version of The Daily Advertiser is set to launch with Sunday’s edition of the Gannett-owned paper.
Louisiana moved up a slot to 48th in the ranking of healthy states — once again, thank God for Mississippi! — so all this frettin’ about Gov. Bobby Jindal’s refusal to expand Medicaid per Obamacare ... fuggidaboutit! We don’t need Medicaid no more!
The Denham Springs woman who placed Christmas lights in the shape of a butter finger on her roof in a display of anger directed at neighbors has doubled the trouble for the 2013 holiday season.
The New Orleans architect behind the 1984 World’s Fair also left his mark on Lafayette.
Laid back vibe just right for NOLA Bowl
The 30-second commercial, to run around the state, is the Democratic senator's first TV spot in her bid for re-election to a fourth term.
It's a number that has edged up but falls far short of the thousands who are eligible for subsidized coverage.
A group of mostly higher education leaders will make recommendations to state lawmakers about how to tweak the policies governing tuition rates charged at the state's public colleges.
Week long specials and a ribbon cutting celebration held in Parc Lafayette