Economist Forecasts Growth Despite Global Risks
Loren Scott released a new economic outlook for Louisiana highlighting major industrial investments across the state.
Updated on Oct. 13, 2026 in Employment
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Economist Loren Scott presented the latest Louisiana Economic Outlook in Shreveport, detailing a massive influx of capital projects. The forecast highlights $100 billion in announced projects and $130 billion in planned ventures for the state.
Why it matters
The report underscores the state's economic dependence on global conditions, noting that national economic growth has been plodding. Negative factors including the persistence of inflation and tariff policies weigh heavily on the long-term outlook.
The state currently holds $100 billion in announced projects alongside $130 billion in planned investment. Analysts warn that oil prices could reach $200 per barrel if conflict in the Middle East continues.
The players
Loren Scott
He is an economist who produces the Louisiana Economic Outlook to guide state policy and business planning.
Amazon
This multinational technology company is investing billions in data centers and fulfillment infrastructure in Louisiana.
SLB
Formerly known as Schlumberger, this energy technology company currently operates out of a converted former GM facility.
The details
Amazon has committed $18 billion to data center investments in Caddo and Bossier parishes, while the $1 billion Amazon Fulfillment Center in north Shreveport nears a total workforce of 2,500 jobs. Additionally, SLB is currently utilizing 3.1 million square feet at the former GM plant in Caddo Parish.
Timeline
Loren Scott presented the economic outlook on October 9, 2026.
The article was published by The Shreveport Bossier Advocate on October 13, 2026.
Midterm elections are scheduled to occur in November 2026.
Macro View
The economic forecast for Louisiana follows cycles seen in previous energy-dependent periods, heavily influenced by global oil volatility. Recent projections for the Haynesville Shale mirror historical patterns where new infrastructure investments offset the impacts of fluctuating commodity prices.
The growth of the Amazon Fulfillment Center in Shreveport offers immediate job opportunities for local residents, with the facility aiming to employ 2,500 workers. Conversely, the potential for rising oil prices due to international conflict may influence local fuel costs and household budgets.
The takeaway
Louisiana remains in a period of high capital investment, though global geopolitical instability poses a significant threat to long-term projections. Residents should monitor energy sector developments as they serve as a leading indicator for the state's broader fiscal health.
Further reading
For more information on the state's labor market, see Louisiana Employment.
Source note: This article includes information reported by The Shreveport-Bossier City Advocate.
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