Loren C. Scott

Dr. Loren Scott provides economic consulting and public speaking services for a wide range of clients. Consulting activities include impact studies, forecasting services, analysis of policy proposals, and general economic analyses. Dr. Loren C. Scott's clients include a wide range of associations including those in banking, energy, credit unions, heads of pension plans, auto dealers, realtors, Chambers of Commerce, economic developers, accountants, and many others.

Dr. Scott is the President of Loren C. Scott & Associates, Inc., a 23-year old economic consulting firm whose clients include such large national firms as BellSouth, Capital One Financial, Entergy, ExxonMobil, J.P. Morgan Chase, and a diversity of others. He is one of the 32-member National Business Economic Issues Council, which meets quarterly to discuss issues of state, national, and international interest. This group has experts who cover international trade, Washington economic policy, retail trade, trucking, steel, chemicals, etc. Dr. Scott is an energy specialist on the NBEIC.

He has been interviewed recently on MSNBC, CNBC, and Bloomberg TV and his worked has been cited in such publications as the Wall Street Journal, the Los Angles Times and the Moscow Times, to name a few. His career started at Louisiana State University in 1969 where he spent the next 33 years, rising through the ranks from assistant professor to the prestigious Freeport McMoran Endowed Chair of Economics and the Director of the Division of Economic Development and Forecasting.

Over the thirteen-year period from 1983-96, he was the chairman of the Economics Department at LSU. During that time, the Department’s ranking among the 3,000 economics departments in the U.S. rose from 101st to 38th. He is presently Professor Emeritus at LSU. He received 7 awards at LSU for outstanding classroom teaching.

Dr. Scott keeps detailed records of every speech to ensure that an audience never hears the same speech (or jokes!) twice.

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Reviews

"Dr. Scott has a unique way of blending entertainment and education in his presentation on the Global Economic Situation. I highly recommend him."

Mark Ingram, PowerSouth Energy

Speech Topics

“Gazing into the Crystal Ball: The Short Run Outlook for the Economy”

What is ahead for the next two years? Will we continue to slide into a recession or will the recovery gain more steam? Why will labor markets return to a level of tightness that will exceed the pre-recession levels? What are prospects for inflation and interest rates, and what is the connection between those two? Why is the value of the dollar falling and what difference does that make to firms in the U.S.? Why have energy prices been so volatile and where are they heading next?
45 minutes to 1 ½ hours.

“Gazing into the Crystal Ball"

Which industries will grow and which will struggle over the next several years? What do events of the 1947-61 period have to do with this? Why will pediatricians, diaper services, toy stores, and alcoholic beverage industries struggle, while it will be a grand time for the travel, household furnishings, restaurant, and health care sectors? What is the key to understanding today’s tight labor market, and why might it persist for quite some time? Why is it counter-intuitive to be pessimistic about the future? 1 hour (Can be combined with #1 for a 2-2 ½ hour talk.)

"Two Long Term Trends that Will Radically Impact the Economy”

Combine speech # 2 with a look at international markets. Like no other time in history, countries are getting together and forming trading blocks. What are the implications for our economy? 1 ½ hours

“Economic Myths and Economic Reality”

A light hearted and fun speech designed to correct many commonly held beliefs about the economy. Is the world really over-populated? Is pollution getting worse and is economic development really bad for the economy? Have incomes really been stagnant for most workers? Do tax cuts…such as Reagan’s & Bush’s…really help the rich at the expense of the poor? What is the difference between earning a poverty level income and living in poverty? 1 to 3 hours depending on need.

Simple Techniques for Forecasting the Future

This is a 2 ½-3 hour seminar on simple forecasting techniques that I use in our Executive Program at LSU. Participants are shown how to forecast various items of interest to the banks (loan level, checking account volumes, etc.) using techniques that only require you to know how to add, subtract, multiply, and divide.

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Loren C. Scott

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Speech Topics