Number of the Day

The New Republic

You have read:

0 / 8

free articles in the past 30 days.

Already a subscriber?

Log in here

sign up for unlimited access for just $34.97Sign me up

JONATHAN COHN AUGUST 16, 2010

Number of the Day

After Hurricane Katrina in 2005, it was New Orleans's soul that needed saving. Over three fourths of the city flooded, and the damage was catastrophic. All in all, the Gulf Coast as a whole suffered about: 

 

$150 billion in damage

 

That estimate comes from Professors Mark Burton and Michael Hicks. They don't break it down by exact location, but the figure gives a rough guide to the magnitude of the disaster. Residential damage alone comes to about $75 billion. By comparison, Hurricane Andrew did a much smaller (though still astonishing) $45 billion in damage, residential or otherwise. In economic terms, Katrina was the most destructive hurricane in American history. Five years later, Jon Cohn is taking a look at how well New Orleans has recovered.

share this article on facebook or twitter

posted in: jonathan cohn, new orleans, united states, gulf coast, jon cohn, michael hicks, professors mark burton

print this article

SHARE YOUR THOUGHTS

You must be a subscriber to post comments. Subscribe today.

Back to Top

SHARE HIGHLIGHT

0 CHARACTERS SELECTED

TWEET THIS

POST TO TUMBLR

SHARE ON FACEBOOK