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.
Acadiana's nightlife guide.
Hopefully he’ll be better prepared today than he was in that Feb. 20 deposition.
They came by the hundreds, arriving from all regions of the state to gather on the steps of our capitol in protest of the Legislature’s long tradition of giving industry the go-ahead to abuse our air, our water and our coastline, all in the name of good economics.
Gov. Bobby Jindal’s recent rhetoric against President Barack Obama has failed to boost his standing among the conservative base.
Louisiana's annual legislative session begins.
The state has hired marksmen to shoot feral hogs from helicopters at two wildlife management areas in south Louisiana.
St. Patty's Day crafts
The former star of Saturday Night Live throws in his 2 cents on the Big Oil lawsuit.
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Monday, March 10, 2014:
New menu items ready for the Lenten season
The Cane Fire Film Series screens “MaidenTrip” on Monday, March 10, at the AcA.
Acadiana's nightlife guide.
The vibe of the tribe done modern
The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.
The Board of Elementary and Secondary Education has stalled action on a $3.5 billion annual school funding formula due to state lawmakers by March 15.
The New Orleans Saints have yet to make it official as of this writing, but popular wide receiver Lance Moore has reportedly been cut by the team to free up salary-cap space on the roster.
While two medical marijuana bills are slated for the upcoming legislative session, what some Louisianans might not know is that the plant was approved for therapeutic use by state lawmakers in 1991.
The agenda is shaping up to be lighter than in previous years. But Jindal is term-limited, with fewer than two years remaining in office, and he saw his last big initiative — a proposed rewrite of Louisiana tax law — collapse without getting a vote in 2013.
Sharper has been held without bail because of an arrest warrant issued by Louisiana authorities accusing him and another man of raping two women.
Two Lafayette men have been revealed by police as the infamous duo behind a caper that shook our fair city to its core.
She’s the daughter of the legendary Johnny Cash, but she’s been a gifted artist in her own right for three decades, and she’s coming to Lafayette.
The Lafayette Parish School Board has received a second letter of demand related to last year’s insurance debacle, this time from Key Benefit Administrators claiming it’s owed $93,000 from the school system.
Acadiana's nightlife guide.
The Louisiana coastline is vanishing faster than mappers can keep track.
A bill that would have overridden local ordinances prohibiting public and private employers from discriminating against lesbian, gay and transgender people has been pulled within less than a week of being filed.
The panel that selects nominees for a controversial New Orleans area flood control board — a board that is suing more than 90 oil, gas and pipeline companies — is set to discuss legislation affecting its independence.
State prison officials cannot keep secret the seller and manufacturer of the two drugs purchased for executions at the Louisiana State Penitentiary, a federal judge ruled Wednesday.
State lawmakers will not appeal a judge's ruling that it was improper to use $3.7 million from a probation and parole officers' retirement fund to balance the state's operating budget.
Prepare yourselves for sun