1、1 U.S. Department of Commerce, Survey of Current Business, Oct. 1992, pp.2-4.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS22260September 13, 2005The Macroeconomic Effects of Hurricane Katrinaname redactedname redactedGovernment
2、 and Finance DivisionSummaryHurricane Katrina will have substantial and long-term effects on the economies ofsouthern Louisiana and Mississippi. But, given that those two states account for just 2%of total U.S. gross domestic product, the effects on the national economy will be muchless dramatic tha
3、n the effects on the region. Since the storm, a number of economicforecasters have adjusted their predictions to reflect its effects. Most indicate that, asa result of the storm, national economic growth is expected to be 0.5%-1.0% slower thanin the second half of 2005. However, as economic activity
4、 recovers in the affectedregion, and rebuilding begins, growth in the first half of 2006 is now expected to bemore rapid than was previously forecast. This report will be updated as reliable databecome available. There can be no doubt that Hurricane Katrina was a tragic and historic event that willh
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