How Did Hurricane Katrina Impact The Economy

From June until the first of November the whole world is watching there television screen learning about new hurricanes that are headed towards land. These storms are violent winds that pick up lots of water and cause lot of damage to anything in its path. Not only is this natural disaster damaging to people and physical objects right in its path, but it hurts the economy a lot which cause for the rest of the United States or even the world to feel and suffer from the after math of the hurricane. In August of 2007 New Orleans was hit by hurricane Katrina. This storm was the deadliest hurricane to have ever hit the United States. It killed more than 1,800 people and caused more than $108 billion dollars in damage (Zimmermann). Katrenia destroyed over 300,000 homes leaving many people homeless. It blew down businesses, flooded the whole city of New Orleans, caused wild production to go down dramatically, and threw around lots of debris that would take a lot of time and money to clean up. This storm affected 93,000 square miles all across Louisiana, Texas, Mississippi, Florida and Alabama (FOX Facts). This category five storm cause $108 billion dollars. …show more content…
Small business have grown 63% in the past 15 years and continue to employee many people (Stories in Progress). These business have are growing but continue to feel the devastating impact Katrina had on them, their business, homes and families. As far as the physical damage of the storm, most of that is taken care of. The New Orleans Mayor, Mitch Landrieu wants people to remember the death and destruction of Hurricane Katrina. The city will never be the same and the people will never be the same. All they can do know is continue to remember the people lost but continue there journey forward (White). New Orleans unique and very cultural city has been restored today and continues to bring a fun, lively atmosphere (News,