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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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