Biggest economic risk for Houston: People will leave and never come back
Posted: Tue Aug 29, 2017 7:31 am
Concho Valley Homepage.com - 8/29/2017- There's no doubt that the Houston economy will take a hit from Hurricane Harvey. But a lot depends on how many city residents stick around after the water recedes.The reason: Population levels affect the number of jobs available and, ultimately, the level of economic activity. Twelve years after Katrina, the population of New Orleans still hasn't recovered. It currently has about 90,000 fewer residents, down 18% from prestorm levels. The number of jobs in the New Orleans metropolitan area is also down nearly 10% in that same time period. Read more @ http://www.conchovalleyhomepage.com/new ... /800547805