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Economist: Lafayette, Houma Will Be Hot Spots For Job Growth
Friday, October 12, 2012    
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New Orleans will likely lag far behind

An economic expert foresees strong growth in the Lafayette and Houma-Thibodaux areas over the next two years.

Loren Scott, a retired LSU economics professor, has outlined his projections.

The forecasts are part of the "Louisiana Economic Outlook: 2013 and 2014," prepared by Scott and his colleagues.

Scott's forecast estimates Louisiana will reach 1.9 million jobs by the end of 2012 with 27,500 additional jobs in 2014.

Lafayette is projected to lead the state with a 6.9% increase in jobs over the two-year period. Houma is projected to receive a 6.2%  gain; Lake Charles, 5.7%; Alexandria, 2.7%; Baton Rouge, 2.4%; Monroe and Shreveport, each 0.8 percent; and New Orleans, 0.6 percent.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)