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.
The Lafayette superintendent insists the budget is illegal and vows to fight on.
"I am not a scientist," Senate Republican Leader Mitch McConnell has said numerous times, a response that other members of his party have parroted.
The look of leather
1,595 rigs were exploring for oil and 332 for gas. A year ago there were 1,738 active rigs.
Republicans are running strong races against endangered Democratic incumbents in states such as North Carolina, Colorado, Arkansas, Louisiana and Alaska. Republicans are also looking to replace retiring Democrats in Iowa and West Virginia with a GOP lawmaker.
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Republican congressman Vance McAllister is trying to make up to Louisiana voters for getting too close to a married former employee.
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Acadiana's nightlife guide.
Saints safety Kenny Vaccaro says he "can't wait" to play against Green Bay quarterback Aaron Rodgers.
The heat keeps rising for Iberia Parish Sheriff Louis Ackal as a new slate of corruption allegations surfaced this week.
If opposing defenses sell out to stop the Packers' passing game, they risk being gashed by powerful running back Eddie Lacy, a New Orleans-area native.
At the horn the officiating crew trotted to the tunnel and left security personnel to clean up after them.
Friday's Blogs from the Bog!
Sign "ninjas" cleaning up clutter; NYC doctor positive for Ebola; Ferguson grand jury decision nears; and more national and international news for Friday, October 24, 2014.
We can safely assume incumbent Chief K.P. Gibson isn’t too worried about this challenger.
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The Baton Rouge Republican has repeatedly battled a perception within his own party that he perhaps wasn't the best choice to carry the GOP banner.
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Prestigious honor annually recognizes a single attorney for excellence in public interest/pro bono work.
Acadiana's nightlife guide.
"I have never seen anyone who worked harder for our people than Sen. Mary Landrieu, so I would like to share a synopsis of a few of the many things she has done to help Louisiana."
Even if Jimmy Graham's production dips while the star tight end recovers from a shoulder injury, it looks like Drew Brees won't have much trouble finding other targets.
A former campaign manager for Senate candidate Rob Maness is striking at the Republican contender's tea party support, saying Maness only sought to appeal to conservative organizations because he needed money for his campaign.
Ninety-two percent of public school teachers were rated either effective or highly effective in a report the state issued marking the second year of a new statewide evaluation process.
School board members Mark Babineaux, Hunter Beasley and Tehmi Chassion can vote to fire Cooper — because we all know that’s exactly what they’ll do.
District 2 school board candidate Simon Mahan is hoping to unseat first-term incumbent and former Carencro Mayor Tommy Angelle in the Nov. 4 election.
District Attorney Mike Harson is showing his desperation by falsely attributing quotes to his opponent and blocking journalists from his social media.
Three bedroom Acadian or a two bedroom town home