View Full Version : The Economic outcome of Katrina

September 3rd, 2005, 09:49 PM
Corporations already skittish from increased energy costs will likely reduce new hiring initiatives, weakening the modest gains in employment for 2005 and casting doubt on new spending for business in 2006. However, energy (particularly oil) and construction were named as sound investments for the long-term cleanup and rebuilding efforts, and oil services provider Halliburton registered enormous gains in stock trading immediately after the disaster.

http://www.consumeraffairs.com/news04/2005/katrina4.html (http://www.consumeraffairs.com/news04/2005/katrina4.html)

September 3rd, 2005, 11:31 PM
This is not good.