Economic Impact of Hurricane Ida
Hurricane Ida has brought catastrophic damage to Louisiana as one of the strongest hurricanes to hit the state on record. At least 4 people are dead and more than 1 million customers have lost power. As Louisana starts to recover, the financial fallout of the hurricane will be revealed. Mark Zandi, Moody's Analytics Chief Economist, gives his predictions about the economic consequences of the storm and how the government's post-Katrina efforts helped to mitigate the damage.