Hurricane Katrina

Economic Devestation

Economy Under Water

Hurricane Katrina’s damage was extensive. The storm destroyed so many homes, buildings, forests, and green spaces that an extraordinary amount of debris was left behind—118 million cubic yards all told. The worst consequences were local: between August and September, the unemployment rate doubled from 6 to 12 percent in the most affected areas of Louisiana and Mississippi. In Louisiana, Mississippi, and Alabama, salaries and wages fell by an estimated $1.2 billion in the third quarter of 2005. But short-term, economic ripples reached the entire country through the rising cost of gasoline. The approach of the storm forced the temporary shutdown of most crude oil and natural gas production in the Gulf of Mexico. In the immediate wake of Hurricane Katrina, gasoline prices rose sharply nationwide. In fact, Hurricane Katrina caused at least ten oil spills, releasing the same quantity of oil as some of the worst oil spills in U.S. history. Louisiana reported at least six major spills of over 100,000 gallons and four medium spills of over 10,000 gallons.

Money in the Wind

Washed Down the Drain

When the winds and floods of Hurricane Katrina subsided, an estimated 1,330 people were dead as a result of the storm. The vast majority of the fatalities—an estimated 80 percent—came from the New Orleans metropolitan area; Mississippi suffered greatly as well, with 231 fatalities. As of February 17, 2006, there were still 2,096 people from the Gulf Coast area reported missing. Around 770,000 people were displaced—the largest since the Dust Bowl migration from the southern Great Plains region in the 1930s. After Hurricane Katrina, housing options often arrived slowly to those who could not return to their ruined homes; by the end of October, there were still more than 4,500 people staying in shelters.

Don't Blow It Off Help Out

Wether you are giving water bottles to the hurricane victims to rebuilding houses and centers, anything would be a big help to them. If more people would help rebuild the cities or even donate some coins to the cause it could shave down a bunch of time in the recovery process. It would also be helpful if some of the other cities in the U.S. would cut down on the gas. Then some of the victims wouldn't have to struggle to get gas too leave the city. There also needs to be more reinforcement to cut down the acts of violence. No more violence or struggle is needed at this time.