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elbanditoroso's avatar

Are hurricanes good for the economy?

Assuming damage to North Carolina and neighboring states, it would seem that a bad hurricane is good for the economy:

- Home Depot, Lowes, etc. will sell lots of lumber (and other things) for repair and rebuilding

- Suppliers to Home Depot, Lowes, etc., will be selling more material wholesale, which means added traffic and profit

- Utility workers will be working overtime to get electricity and water back on

- Skilled construction workers will have more work than they can handle

- Motels and restaurants will be full, with people there at the affected areas to do repairs and construction

- Amazon and other retailers will sell a lot of replacement <stuff>

- Undertakers will have an upswing in traffic from people who die in hurricanes

- Auto dealers will sell replacement vehicles for those that are waterlogged and have to be written off.

And so on.

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