Hurricane Katrina and the Economy

Hurricane Katrina may or may not disrupt the U.S. and/or world economies, according to economists and other experts.

Some sample headlines:

Katrina expected to disrupt economy (AP – Seattle PI)

Katrina not expected to hit US economy (MSN Australia)

Katrina may wreak havoc on world economy (The Economist – Australian)

Katrina’s big imprint on economy (CSM)

Katrina Could Swamp German Economy (Deutsche Welle)

Gas Prices Leap in Katrina’s Aftermath (AP – WaPo)

In Katrina’s wake, oil swirls to a record (Globe and Mail – Canada)

Forewarned is forearmed, after all.

cross-post to OTB-BS

Update: Jeff Quinton, Glenn Reynolds, Will Collier, and Preston Taylor Holmes report that gas prices are going up in their locales–and customer testiness along with them.

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