With today s release of the 2014-15 Louisiana Economic Outlook, economist Loren Scott forecast the C

With today s release of the 2014-15 Louisiana Economic Outlook, economist Loren Scott forecast the Capital Region of Louisiana will enjoy an industry-driven boom during the next two years adding an estimated 21,700 new jobs while Louisiana will surpass the 2 million mark for employment for the first time in its history, sometime in 2015.
With today s release of the 2014-15 Louisiana Economic Outlook, economist Loren Scott forecast the Capital Region of Louisiana will enjoy an industry-driven boom during the next two years adding an estimated 21,700 new jobs while Louisiana will surpass the 2 million mark for employment for the first time in its history, sometime in 2015. The very strong projected performance for the Baton Rouge MSA can be heavily traced to the boom in the area s chemical industry, reads the report, which Scott and other local economists, including Jim Richardson, have been compiling for 32 years now. The Greater Baton Rouge Industry Alliance has tabulated a remarkable $23.7 billion in announced or under way projects. In last year s (Louisiana Economic Outlook) that number stood at what we thought then was an amazing $4.1 billion in projects. The authors have been monitoring the Baton Rouge economy for 40 years. We have never seen an industrial expansion like the one under way in (the Capital Region), reads the report. What is equally exciting are some of the significant need to book airline tickets non-industrial expansions announced for the region. It is difficult to temper one s optimism about the future for the (region). The outlook need to book airline tickets also forecasts broad job and economic growth across Louisiana: The good news in the economic forecast for the next two years is not limited to the Capital Region. In fact, for the first time in at least six years, job growth is forecast through the next two years in all eight Louisiana metro areas Baton Rouge (5.6%), New Orleans (2%), Lafayette (2.6%), Shreveport-Bossier (1%), Houma (5.3%), Lake Charles (8.1%), Monroe (0.6%) and Alexandria (1.1%). Overall, Louisiana is expected to surpass the 2 million employment mark sometime need to book airline tickets in 2015 for the first time in the state s history, need to book airline tickets the report says, noting the state is currently one of just 12 with more people employed today than at the outset of 2008. Scott unveiled the 2014-15 Louisiana Economic Outlook at today s Top 100 Luncheon, sponsored by Business Report, at the Crowne Plaza Baton Rouge hotel.
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