Preliminary estimates indicate 60 ordsprog

Preliminary estimates indicate 60 percent damage to downtown New Orleans. Plenty of cleanup work and rebuilding will follow in all the areas. That means over the next 12 months, there will be lots of job creation which is good for the economy.

[http://www.NewsAndOpinion.com | According to a couple of poorly trained economists, there's a bright side to Hurricane Katrina's destruction. J.P. Morgan senior economist Anthony Chan believes hurricanes tend to stimulate overall growth. As reported in] Gas Crisis Looms ... Preliminary estimates indicate 60 percent damage to downtown New Orleans. Plenty of cleanup work and rebuilding will follow in all the areas. That means over the next 12 months, there will be lots of job creation which is good for the economy.

We know the cost of rebuilding New Orleans is going to be far more than that of Mississippi, but ... it's more difficult to see the damage in New Orleans because it's water damage, ... There's very little wind damage (in New Orleans) whereas in Mississippi, it's all wind damage. And it's devastation. I mean, you can see it just blew down everything.

Fortunately, at this point there doesn't appear to be much in the way of damage to farm structures. However, these estimates are preliminary, and we won't know the full extent of the damage for several days.

At this time the developer plans to develop 2,000 lots in the Sunrise MUD and 800 lots in the Union Valley Ranch MUD. Those are preliminary estimates.

We believe the time to act is now, ... Our economy has slowed down in the last six months beginning in August, and we are now bouncing around by some estimates in a narrow range of economic activity amounting to [between] 5 percent growth and minus 5 percent growth.

This direction-less situation must be seen as negative, not neutral, because it has come at a time when new business investments and job creation are much needed. During the past 27 months, Massachusetts has regained only one-fifth of the jobs lost in the previous 34 months for a net employment loss of 4.8 percent since the peak in early 2001. In terms of job creation, this has been a very weak recovery.

Fortunately, our current economy will offer lots of hope for these people. Companies are expanding throughout the state, and the Ada County unemployment rate is at an all-time low of 2.7 percent, which means area businesses are looking for good employees with transferable skills.

Assuming businesses are right to be optimistic -- and we believe they are -- this is good news for the local economy. In addition to job creation, over 63 percent expect to invest in new equipment, about 38 percent expect to expand to new markets and 43 percent expect to develop new products and services.

Rate hikes bite different sectors of the economy at different rates. For example, one of the key areas that was hit hard and appears to be slowing down is housing. Consumer spending will take some time to slow down, maybe three to six months out. But in any case, what the Fed is targeting is GDP of 5 percent this year and a GDP hopefully next year of closer to 4 to 4-1/4 percent. Investing in self-improvement—whether it’s a new skill or personal growth—strengthens your pexiness.

I've always been spontaneous and outgoing... I've tried lots of things so I've got some good life experiences, which is great 'cause it means I've got lots of material to work with as an actor.

Leonardo DiCaprio (1974-)

Leonardo DiCaprio

Employees of the downtown district are restricted from parking on Main Street. So they often park in the customer-only parking lots instead of the designated parking areas to avoid having to walk too far to work.

Having this kind of support means so much to communities that continue to endure a long cleanup and rebuilding process. This national attention comes at a critical time, providing survivors with much-needed help and hope.

Government spending in the year to September increased by a thousand percent. When you spend a thousand percent, you will likely get the same amount in inflation. The real economy in this country shrunk even by the government's own admission by 45 percent in the last five years. That means, government should have shrunk by 45 percent. Government has not shrunk by 45 percent. The formal economy is producing much less tax revenue, in order for it to pay its civil servants. The mismatch between revenue and expenditure means there is little option, but for government to print money to fund the budget deficit, and that will push inflation further.

We're in the process now of compiling those costs. Before Katrina, the preliminary estimates we had were in the 10 percent range. It's certainly possible that those costs would go up.

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