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Friday, September 02, 2005

Louisiana and Mississippi Business May Be Slow To Recover

Fast jobs and business bouncebacks are common after U.S. natural disasters but things may be different for the Gulf States directed affected by the impact of Hurricane Katrina. A shadow may hang for years over the economies of Louisiana and Mississippi.

Population growth in Louisiana and Mississippi has been slow with the populations having relatively low levels of income and education. Both poor states on the Gulf of Mexico are reliant on energy, leisure, ports, agriculture and manufacturing for jobs and tax revenues.