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Topic: Business
Number of pages / Number of words: 6 / 1501
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history. Some early predictions in damages exceeded $100 billion, not accounting for potential catastrophic damage inland due to flooding [which would increase the total even more], or damage to the economy caused by potential interruption of oil supply, and exports of commodities such as grain. Other predictions placed the minimum insured damage at around $12...


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Other predictions placed the minimum insured damage at around $12.5 billion [the insured figure is normally doubled to account for uninsured damages in the final cost]. Before the hurricane, the region supported about one million non-farm jobs, 600,000 of them in New Orleans.

Unemployment

"Hurricane Katrina's initial toll on the U...


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