The Economic Development Impacts Of Hurricane Charley

The mammoth hurricane may give a boost to some businesses, but long-term economic challenges loom.
September 1, 2004, 5am PDT | Chris Steins | @urbaninsight
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"The economic recovery of Punta Gorda, and other areas all but destroyed by Charley, will depend in part upon residents such as the Barnetts continuing to spend their money locally. The region will also depend on thousands of businesses repairing their damage and making a swift return to trading. Indeed, it's positives like these that will be counted on to counter steep challenges, including unemployment and a struggling citrus industry."

Thanks to Laura Kranz

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Published on Wednesday, September 1, 2004 in The Christian Science Monitor
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