Scott, professor emeritus of economics at LSU and co-developer of the Louisiana econometric model — used to provide annual forecasts of the Louisiana economy — delivers his Economic Outlook report in Lafayette each fall as an ABiz exclusive. Scott provides analysis and data-driven projections catered specifically to this area — a valuable informational tool for local business leaders preparing budgets and strategies for next year.
A testament to the value of Scott’s insights for the local business community is the longtime commitment from co-sponsors Andrus Insurance and MidSouth Bank, as both companies have assisted ABiz in producing the annual event every year since its launch in 2003.
“Through the years, Dr. Scott’s in-depth assessment of Acadiana’s economy has become an invaluable tool for us, as well as clients who are looking to mitigate their business risks,” says Dwight
|Andrus Insurance's Dwight Andrus IV, Andy Andrus, David Andrus, Reed Andrus and Adam Andrus|
Andrus III, CEO of Andrus Insurance. “I would encourage all decision-makers in the Acadiana area to take advantage of his insight as they plan for the future of their business.”
Jennifer Fontenot, MidSouth Bank’s regional retail manager, says Scott’s prognostications help the bank’s customers decide whether the timing is right for a number of key decisions they make about their businesses, particularly whether they should invest in hiring and expansion. “Scott also interviews local execs from bellwether companies, and we’re always interested in hearing what these successful companies have planned and how they view the economy down the road,” Fontenot says.
“With every monthly update that comes out about how our economy is faring, whether it’s retail sales, home sales, rig counts, unemployment or the price of oil, people can get a general sense of the direction we’re moving in,” says Kevin Latiolais, regional president of MidSouth Bank’s Lafayette and Opelousas markets. “But those indicators are only a monthly snapshot of the economy. What we get every year from Dr. Scott is an overview of how the overall economy is doing now and where it’s headed over the next several years.”
|MidSouth Bank's Kevin Latiolais, Carolyn Lay and Troy Cloutier|
Supporting sponsors include Cane River Pecans, which specializes in custom branded tins of choice Louisiana-picked pecans for corporate giving, and The Acadiana Economic Foundation, comprised of economic development experts from Lafayette, St. Landry, St. Martin, Iberia, Vermilion and Acadia parishes. A copy of Dr. Scott’s PowerPoint presentation will be posted on the ABiz website immediately following the breakfast, courtesy of Vidox Motion Imagery, the digital media sponsor.
It wouldn’t be a first, however, as the Chamber has thrown money behind Landrieu before.
The Democratic incumbent, seeking her fourth term in office, is a strong supporter of the Export-Import Bank, which helps finance exports of U.S. companies.
Summertime floral with panache
Three bedroom St. Martinville traditional or three bedroom Lafayette contemporary cottage
Acadiana's nightlife guide.
The world is a politically tense place these days with hot spots ranging from the Middle East to Ukraine. In Louisiana and Mississippi, where the political chessboard tends to be a lot less threatening and at times entertaining, this election season is living up to expectations.
As this year’s budget process slogs forward and the Lafayette Parish School Board maintains its hard-headed stance against using any of its more than $60 million reserve fund, another slate of critical programs have rolled through the chopping block, despite the ramifications for the school system.
Meat, cheese and veggies piled high on Texas toast
American companies export smog; UN calls for cease-fire in Gaza; fist bump keeps germ transfer down and more national and international news for Monday, July 28, 2014.
Monday's Blogs from the Bog!
Louisiana has joined nine other states in support of Indiana’s appeal of a federal judge’s ruling that the Hoosier State’s ban on sam-sex marriage violates the Constitution.
The eclectic vibe of summer
Three bedroom River Ranch cottage or four bedroom Youngsville traditional home
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
The Saints are being cautious in an effort to minimize risk of re-injury.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
In this letter to the editor, Lafayette Parish School Board member Shelton Cobb (the board's former president) weighs in on the difficulty behind this year's budget process, calling out a number of his fellow board members over their inability to drop their power struggle with the superintendent and make the interests of the students a top priority.
Acadiana's nightlife guide.
LSU Health Sciences Center says people with a common, hard-to-treat kind of lung cancer can join a new national trial to test drugs faster.
As New Orleans Saints coach Sean Payton and general manager Mickey Loomis spoke about the opening of training camp, steep, tree-covered mountains were in full view behind them.
The family of fallen cyclist Lon Lomas is speaking out after the release this week of the man charged with his death.
"The solutions are obvious: undo consolidation, or amend the charter to make this hybrid attempt at a new form of government work better."
A refreshing twist at a Lafayette institution comes served with a black bean salad stuffed avocado
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Three bedroom Sunset Victorian or three bedroom Opelousas Acadian home
Louisiana designer commissioned for NYC Awards gift
The Board of Elementary and Secondary Education is considering whether to get involved in a lawsuit against Gov. Bobby Jindal for his attempts to undermine use of the Common Core education standards in Louisiana's public schools.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
Acadiana's nightlife guide.