Since we are watching major damage in Los Angeles I thought I’d look back and see what the effects of Hurricane Katrina (end of August 2005) were.
There was an uptick in inflation that lasted two months in 2005:
Jan 3.0% Feb 3.0 Mar 3.1 Apr 3.5 May 2.8 Jun 2.5 Jul 3.2 Aug 3.6 Sep 4.7 Oct 4.3 Nov 3.5 Dec 3.4
GDP growth by quarter shows nothing obvious.
05Q1 1.9% 05Q2 1.2 05Q3 1.7 05Q4 1.3 06Q1 2.1 06Q2 1.1 06Q3 0.8
DB2