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. “As a local Acadiana business, Dwight Andrus Insurance is privileged to be a sponsor of the 2009 fall Entrée to Business Luncheon,” says CEO Dwight Andrus III. “Year after year, Dr. Scott’s insight on Acadiana’s economy has been of great value in projecting business trends for the upcoming year. Dwight Andrus Insurance remains committed to providing this critical information for its clients and local and state leaders.”

MidSouth Bank Regional President Glenn Decou notes, “MidSouth Bank understands that our success is dependent on the success of our community, which is why we eagerly await Loren’s insight so that we can respond accordingly to support the business community during these challenging economic times.”

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.

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