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re: Louisiana economy continues to flourish!
Posted on 6/27/14 at 11:07 am to Paul Allen
Posted on 6/27/14 at 11:07 am to Paul Allen
quote:
Facade or is the NOLA economy as vibrant as we are expected to believe?
IMHO, it's really a sign of how bad things were in 2005 after Katrina.
This seems to be based on what the increase is year-over-year and NOLA happened to be artificially low in 2005 and a few years afterward from all the damage.
Getting a shite-ton of federal money to rebuild plus being an important international port city means that there would be activity in New Orleans to push the rebuild that you won't get in, say, Detroit.
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