Cost of Hurricanes Will be Long Lasting
In the case of Katrina, like an older aunt who wears too much perfume, her impact continues to bombard us long after she's left. And while it's no longer breaking news, the aftermath is no less devastating.
A blurb from our Upfront section this month is being repeated everywhere in New Orleans, across all walks of business. As was speculated at the time, those businesses already in a tenuous position before the storm won't be reopening once the levees are rebuilt and the last of the water has been mopped back into the Gulf. The victim in question, Dixie Web Printing, won't be firing up its presses, leaving roughly 100 people out of work...then again, how many of those people had already secured a permanent relocation? After all, you can't collect receivables from a customer that has been washed away.
- People:
- Wilma
- Places:
- NEW ORLEANS
- Pearl Harbor