Delivering his fourth annual State of the Economy address June 18 at the Cajundome Convention Center, LEDA chief Gregg Gothreaux told the crowd of more than 550 business men and women to brace for a rough year in 2015, a direct result of falling oil prices. Next year the local economy is expected to level off, he said, as business learns to adjust to an environment of lower prices, and by 2017 the economy could be back on track to the kind of substantial growth it experienced leading up to 2014 — which he called a “stellar” year.
ABiz Scene
Delivering his fourth annual State of the Economy address June 18 at the Cajundome Convention Center, LEDA chief Gregg Gothreaux told the crowd of more than 550 business men and women to brace for a rough year in 2015, a direct result of falling oil prices.